US consumers just keep on spending.
US retail sales rose +1.2% in August, the largest monthly increase since March.
At the same time, retail sales excluding autos increased +1.4%, the 2nd-biggest monthly increase since January 2023.
Furthermore, control-group sales, which feed into the GDP calculation, surged +1.4%, the largest monthly increase since September 2024.
Meanwhile, retail sales adjusted for inflation rose +0.8% MoM in August, to a record $231.6 billion.
Since January 2026, real retail sales have risen +$6.7 billion, or +3.0%.
The US consumer is still spending despite inflation.
JUST IN: Google Gemini AI agent hacks three companies.
• Occurred during security testing when a Gemini model accidentally gained internet access.
• Google's AI was meant to attack a fake company, but then figured out how to hack a real one using leaked online credentials.
• Gemini stopped itself once it realized the companies were real.
@SeanALarabee@POTUS@TheDemocrats agree.
how can we ever vote dem ever?!
joe had high inflation and ended the afghanistan war via a not-so-great pull out, obama wore a tan suit, and clinton got a BJ in the oval…
BREAKING: President Trump announces that he is banning CNN, MSNOW, and Politico from the White House, effective immediately.
"Other fake news media outlets to follow," Trump says.