retail sales

Retail Spending Just Fell Off A Cliff

Americans are still spending a fair amount on food and online deliveries, but the shutdowns of stores, malls and restaurants led to a record 8.7% sales drop in March.

Stock Markets Take A Breather After Steep Drop

Investors paused to catch their breath Thursday after the stock market suffered its worst drop of the year the day before. Consumer spending is still strong, despite signs of a looming recession.