Retail sales fell unexpectedly in July

Forecasters predicted we’d see a slight increase in retail sales in July, but instead, Census Bureau data released this morning revealed a significant drop. As high energy prices persist and tax refunds run out, it appears that consumers have begun to pull back. Should we be worried? Plus: 200 Nebraskans have lost Medicaid coverage in the first wave of terminations under the government’s new “work requirements.” Many more Americans may soon follow.

Stories featured in today’s episode:

• Roughly 200 people in Nebraska lost Medicaid on Aug. 1

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