US consumer spending rose in August as gas prices fell | CNN Business

US consumer spending rose in August as gas prices fell | CNN Business

CNN Business  —  Another month of falling gas prices gave Americans’ wallets a bit of a reprieve in August. That sent consumers back to stores last month. The Census Bureau reported Thursday that a key measure of August US retail sales rose unexpectedly by 0.3% on a monthly basis, following a revised decrease of 0.4% … Read more

Trump media merger isn’t dead yet after deal gets a lifeline | CNN Business

Trump media merger isn’t dead yet after deal gets a lifeline | CNN Business

New York CNN Business  —  Digital World Acquisition Corp., the blank-check firm seeking to merge with former President Donald Trump’s media venture, announced Friday it will avoid an imminent liquidation. Digital World failed to receive shareholder approval by Thursday’s deadline to extend its merger agreement. However, the shell company said in a Friday filing it … Read more