US retail sales rise modestly as lower gas prices mask resilient consumer spending
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US retail sales rise modestly as lower gas prices mask resilient consumer spending
Agencies Shoppers slowed their spending in June from May, as they spent less to fill their gas tank because of falling gas prices. But the report, released by the Commerce Department on Thursday, showed consumers’ continued resilience despite ongoing economic uncertainty as they bought cars and too»»»
Crisis intensifies as US resumes Iran blockade
The United States said on Wednesday it had begun a new wave of strikes against Iran after reimposing a naval blockade of Iranian ports, as the latest cycle of fighting stretched into its fifth day. The fragile ceasefire between the two countries is collapsing amid days of reciprocal strikes, with b»»»
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