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by Kim Souza -

U.S. retail sales grew 3.42% in June

Retail sales reported by the National Retail Federation Retail Monitor indicated consumer spending slowed in June compared to May. Excluding automobile and gasoline, sales were up 0.47% from May, slower…

by Kim Souza -

Inflation eased in June, up 3% from year ago

The closely watched report on U.S. inflation indicated consumer prices cooling in June, a welcome sign for economists and consumers. The Consumer Price Index (CPI) declined 0.1% from the prior…