Consumers pulled back on spending in July in the face of continuing price pressures
US consumers reined in their spending in July as inflation remained stubbornly high, new Commerce Department data showed Wednesday.
Wednesday, August 26, 2026
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US consumers reined in their spending in July as inflation remained stubbornly high, new Commerce Department data showed Wednesday.
The Trump administration has paused immigrant visa appointments worldwide to carry out “in-depth training” for consular officers to screen out foreign applicants at risk of taking advantage of U.S. public assistance. The guidance from the State Department comes after a federal judge last week vacated President Trump’s policy suspending visa processing from 75 countries whose…