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Amazon.com hopes to tempt U.S. shoppers on Tuesday to open inflation-thinned wallets by offering deeper discounts on a wide range of goods and services during this year's "Prime Day" 48-hour shopping event, including its first-ever travel discounts. A year of inflation has lifted mortgage rates, rents and food prices for consumers ahead of Prime Day, which falls on July 11-12 this year. CFRA Research analyst Arun Sundaram said Amazon's U.S. Prime Day discounts this year are mostly deeper than in previous years.

By Granth Vanaik and Ananya Mariam Rajesh (Reuters) - Amazon.com hopes to tempt U.S. shoppers on Tuesday to open inflation-thinned wallets by offering...

Amazon is marking 60% off Gap clothing, 50% off on Sony headphones and 40% off Peloton exercise bikes, according to Bank of America

As Walmart's answer to Prime Day, this annual event promises a wide array of discounts and offers across various product categories.

A year of inflation has lifted mortgage rates, rents and food prices for consumers ahead of Prime Day, which falls on July 11-12 this year.