Americans are shopping less, hunting for discounts, and postponing large expenditures, leading to the sharpest monthly retail sales decline in a year.

In recent days, several Fed officials have stated that interest rates should have been raised last week, or have expressed readiness to do so if necessary.

After accelerating in the first quarter, US GDP growth slowed in the second quarter and is projected to remain under pressure in the latter half of this year.

The 2026 World Cup attracted a record number of tourists and fans to North America, but the economic benefits from the tournament were unevenly distributed between FIFA and the host nations.