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US retail sales went up 1% in June, easing fears of recession

US retail sales went up 1% in June, easing fears of recession

CCT Tracking

US retail sales went up 1% in June, easing fears of recession

The spending gain is modest enough that it likely won’t encourage the Federal Reserve to raise interest rates even more aggressively.

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Consumer

When might gas prices start to come back down?

Exactly how long gas prices will stay elevated is impossible to predict, but we do have a few indicators that suggest drivers will need to dig in for the long haul.
VERIFY

If the US doesn't get much oil from Russia, why are gas prices skyrocketing?

We found the price of oil isn't set here in the U.S. it's set at the global level.
Producer's Picks

With record-breaking harvest, Oregon is swimming in weed again

The December median wholesale price for a pound of cannabis was $948, down about a third from $1,397 a year earlier.

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