US retail sales up 0.6% in August from July even as tariffs hurt jobs and lead to price hikes (Business)
U.S. retail sales rose by 0.6% in August, surpassing expectations and driven in part by back-to-school shopping. Yet this positive trend unfolds against a backdrop of mounting tariffs, which are beginning to hurt job growth and drive up prices. Experts watch closely to see whether these gains can continue under ongoing trade pressures.