Overseas Headlines- August 28, 2020
Rochelle Muncey2020-08-28T08:19:23-05:00August 28, 2020 United States: U.S. Consumer-Spending Rebound Cools, Hinting at More Risk Ahead “The rebound in U.S. consumer spending moderated in July amid a surge in virus cases, with outlays at risk of further softening after cuts in supplemental relief payments for jobless Americans. Household outlays rose 1.9% from the prior month following an