Shoppers Slow Down Amid Rising Costs | Business and Finance News

June’s retail sales slowed to just a 0.2% uptick, as tax refunds faded and economic uncertainty weighed on shoppers—though online sales and sporting goods saw boosts thanks to Prime Day and the World Cup. With rising everyday costs, even employed consumers are cutting back on non-essentials, while inflation cooled noticeably, especially in gas prices. Upcoming earnings reports from Walmart and Target may reveal deeper consumer spending trends. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/7fb972501943377e