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Here's your money briefing for Wednesday, April 3rd. I'm J.R. Whelan for the Wall Street Journal. It feels like consumers are losing the numbers game.

Grocery prices are still high.

The savings they built up during the pandemic is almost gone.

And it's gotten more expensive to carry a balance on a credit card, and yet they still find money to

splurge.

They're still spending on travel, they're going out to eat, though that has come down slightly.

They're still buying clothing and they're

trading down a bit or moderating their purchases in the grocery store to offset

those experiential purchases. We'll talk to Wall Street Journal reporter Jennifer Williams about never-ending revenge spending.

After the break. If you're looking to invest your money wisely, you'll need our investment wisdom.

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