ECONOMY & MARKETS

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Shoppers look for deals at the Pentagon City Mall in Arlington, Virginia, U.S., November 29, 2019.

Higher Gasoline Prices Flatter U.S. Retail Sales

U.S. retail sales increased solidly in March, boosted by record high gasoline prices, but consumers are starting to feel the pinch of high inflation, with online spending posting back-to-back declines for the first time in more than a year.

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