Consumers backed off a bit in January
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Turns out, we weren’t very spendy in the first month of the year. In January, retail sales were down 0.8% \\u2014 more than many economists expected. It’s an indicator that consumers are feeling weary of high prices and becoming more value-oriented. We’ll discuss. Also on the show: Express, once a mainstay of every mall, could soon file for bankruptcy. Then, college endowments see big returns thanks to solid stock market gains.
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