Consumers Pull Back Spending, From Luxury Goods to Convenience Stores

P.M. Edition for Mar. 13. Low- and high-income consumers alike are spending less, and that’s having an effect on lots of retailers. WSJ food and agriculture reporter Jesse Newman tells us how fewer convenience store purchases of chips and candy bars could impact snack companies’ bottom line. Plus, a federal judge orders the Trump administration to reinstate thousands of fired workers at six federal agencies. And potential cuts to Medicaid put venture-backed startups at a crossroads. WSJ reporter Brian Gormley joins to discuss who could benefit. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

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