U.S. Shoppers Are Still Spending. The Next Retail-Sales Report Will Show Whether That Holds
June retail sales rose modestly, but gas prices, inflation and online promotions complicate the picture. July data arrive after the August 12 CPI report.
Household Finances
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Student-loan defaults surged as borrowers face new repayment rules
Federal data show about 9 million borrowers in default, while AP finds roughly 9.5 million. New plans offer options, but default risks remain.
