Personal Finance

Rex Nutting: Americans aren’t splurging on fun experiences; we’re spending more on expensive health care

The brick-and-mortar retail industry is in crisis. For many old-line retailers, sales and market share are plunging fast. The most obvious explanation for their distress is the rise of online shopping, but some analysts mistakenly point to another trend: “Shoppers are choosing experiences over stuff, and that’s …
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