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Retail sales rise a meager 0.1% in May from April as still high inflation curbs spending
Houston Chronicle· 20 hours agoConsumers barely increased spending in May from April as still high prices on groceries and other...
US retail sales miss expectations in May
Reuters· 21 hours agoU.S. retail sales increased less than expected in May in May as lower prices for gasoline and motor vehicles weighed on receipts at service stations and ...
Global light vehicle sales continue to improve slightly in May
Just Auto via Yahoo Finance· 2 hours agoAs the country grapples with economic uncertainty, the selling rate continues to fluctuate, dropping...
Retail Sales Confirm Continued Consumer Spending Pullback
The Conference Board· 1 day agoNominal retail sales edged up by 0.1 percent in May following a 0.2 percent decline in April. Real retail sales (i.e., sales adjusted for inflation) also rose by 0.1 percent in May after a dramatic 0.5 percent decline in April.
Retail sales barely rise in May as consumers pump the brakes on spending
Fox Business via Yahoo Finance· 21 hours agoRetail sales rose just 0.1% in May as the ongoing inflation crisis and high interest rates prompted...
East Coast Port Union Wants Wage Hikes ‘Commensurate’ With USMX Revenues
Sourcing Journal via Yahoo Finance· 7 days agoThe union cited financial numbers from 2022, when supply chains worldwide experienced congestion...
Changing tipping culture has Americans befuddled: Does everything require a tip?
Stacker via AOL· 17 hours agoSadi-Santos // Shutterstock Tipflation is upon us. The COVID-19-era explosion of cashless points of ...
EV Startup Fisker Files for Bankruptcy
GEARJUNKIE via Yahoo Finance· 13 hours agoThough the electric vehicle market has seen heavy investment in recent years, demand still hasn’t reached the levels that auto executives had hoped. Even...
Good, Cheap, and American-Made
The Dispatch· 2 days agoFrom the Wanderland on The Dispatch Visitors look at Chinese manufacturer BYD's electric cars at an auto show in Hangzhou, China, on June 11, 2024....
What May Retail Data Means for the Fed
TheStreet.com· 16 hours agoThe Census Bureau released its data for May retail sales and the results are even worse than they seem. Early Tuesday morning, the Census Bureau released...
