Retail Sales Were Up 1% in July, Easing Concerns About the Economy
Sales were up 1 percent in July from the previous month. The rise was slimmer when autos and gasoline were excluded, but market reaction was favorable.
Posted inConsumer Price Index Elections Federal Reserve System Harris, Kamala D Inflation (Economics) internal-storyline-no Presidential Election of 2024 Trump, Donald J United States Economy
The economy moves center stage in the election
Inflation is cooling but hiring is slowing as Kamala Harris and Donald Trump fine tune their pitch to voters.
Posted inCompany Reports Consumer Behavior Discount Selling Inflation (Economics) McMillon, C Douglas Shopping and Retail United States Economy Walmart Stores Inc
Walmart Sees Higher Sales From Picky Shoppers
The retail giant raised its forecasts as it attracted bargain-hunting shoppers strained by inflation, drawing in high-income households in particular.
Posted inBiden, Joseph R Jr Democratic Party Harris, Kamala D Inflation (Economics) Presidential Election of 2024 Prices (Fares, Fees and Rates) Trump, Donald J United States Economy United States Politics and Government
Inflation Progress Cheers Biden and Democrats
Soaring prices have been a political albatross for the Biden administration.