COVID-19 resurgence crimps spending, travel recovery

A COVID-19 resurgence this summer has caused consumers to turn cautious, while investors trim their investments in a travel sector still struggling to recover. / AP FILE PHOTO/RICK BOWMER
A COVID-19 resurgence this summer has caused consumers to turn cautious, while investors trim their investments in a travel sector still struggling to recover. United States retail sales dipped a surprising 1.1% in July as consumers spent less on clothing, furniture and sporting goods. At the same time investors have been retreating from cruise lines,…

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