
Delta warning sign: Retail sales dipped more than expected in July
CNN
Americans shopped less than expected last month as the Delta variant swept across the country, fueling concerns that the pandemic might once again weigh on consumer spending and the economic recovery.
Sales declined by 1.1% in July adjusted for seasonal swings, the Census Bureau showed Tuesday. It was a steeper decline than the 0.3% economists surveyed by Refinitiv had predicted. It was also the second decline in three months, suggesting that the pent-up demand that fueled the recovery in the winter and spring spring may have evened out. Meanwhile, other economic data is hinting that the Delta variant might be giving consumers pause. Last week, preliminary data from the University of Michigan showed consumer sentiment plunged in August, dropping to the lowest level since December 2011.
The Justice Department’s leadership asked career prosecutors in Florida Tuesday to volunteer over the “next several days” to help to redact the Epstein files, in the latest internal Trump administrationpush toward releasing the hundreds of thousands of photos, internal memos and other evidence around the late convicted sex offender Jeffrey Epstein.

The US State Department on Tuesday imposed visa sanctions on a former top European Union official and employees of organizations that combat disinformation for alleged censorship – sharply ratcheting up the Trump administration’s fight against European regulations that have impacted digital platforms, far-right politicians and Trump allies, including Elon Musk.











