US consumers remain resilient even as prices rise

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by John Biers with Heather Scott in Washington © Agence France-Presse New York, UNITED STATES (AFP) — US consumers continued to increase spending in April, remaining resilient in the face of accelerating inflation, but retail giant Walmart still saw a big hit to its bottom line due to rising costs, according to reports released Tuesday. Home Depot, however, benefitted from the ongoing spending spree, reporting higher profits and a better outlook for the year. The […]