Economy9:08
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EconomyAre Americans beginning to rein in spending? | Reuters Morning News
A surprise decline in U.S. retail sales has investors questioning whether American consumers are finally losing momentum. With Walmart, Home Depot and Target due to report earnings this week, markets are seeking clues on whether shoppers are pausing or pulling back more decisively. Trump says higher gasoline prices are worth paying for the war with Iran, while rising Japanese bond yields underscore global concerns about government borrowing costs.
