Sales at U.S. retailers barely rose in May, suggesting Americans are feeling the weight of lingering inflation and high interest rates.
Inflation and high interest rates constrain U.S. retail sales in May
Read Next
- Stellar (XLM)’s Meridian Event Highlights Innovative Developer Projects
- Home sales surged in October before mortgage rates jumped
- Bullish Exchange to join CME CF Cryptocurrency Indices
- CEA Nageswaran asks India Inc not to seek protective cover of weak currency, ET BFSI
- RBI, Maldives Monetary Authority sign pact to promote use of local currencies, ET BFSI
- Crypto investor pays $6 million for a banana — and plans to eat it
- NVIDIA’s EMBark Revolutionizes Large-Scale Recommendation System Training
