Americans splurge on beauty, despite pullbacks elsewhere

NEW YORK (AP) — Like many Americans, Karla Maldonado has been cutting back her spending to spare her wallet from rising costs: She is eating out less and attending fewer social events to curb the impact of high gas prices.

But the 26-year-old social worker of Portland, Oregon, hasn’t skimped on her eye makeup — the mascara, eyeliner and eyeshadow she typically wears to work just above her face mask.

“That’s something I can’t go without,” Maldonado said. And she doesn’t seem to be alone.

Many major retailers slashed their financial outlooks for the year after seeing shoppers pull back on many discretionary items in the

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