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US retail sales miss expectations in May
Reuters· 2 days 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 ...
Retail sales rise a meager 0.1% in May from April as still high inflation curbs spending
San Francisco Chronicle· 1 day agoConsumers barely increased spending in May from April as still high prices on groceries and other...
Retail Sales Confirm Continued Consumer Spending Pullback
The Conference Board· 2 days 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.
Global light vehicle sales continue to improve slightly in May
Just Auto via Yahoo Finance· 20 hours agoAs the country grapples with economic uncertainty, the selling rate continues to fluctuate, dropping...
Retail sales barely rise in May as consumers pump the brakes on spending
Fox Business via Yahoo Finance· 2 days agoRetail sales rose just 0.1% in May as the ongoing inflation crisis and high interest rates prompted...
Consumers tapping out amid sticky inflation and slowing job market
TheStreet via Yahoo Finance· 17 hours agoPayroll-processing group ADP noted earlier this month that workers seeking new roles saw pay gains...
Changing tipping culture has Americans befuddled: Does everything require a tip?
Stacker via AOL· 1 day agoSadi-Santos // Shutterstock Tipflation is upon us. The COVID-19-era explosion of cashless points of ...
Good, Cheap, and American-Made
The Dispatch· 3 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....
EV Startup Fisker Files for Bankruptcy
GEARJUNKIE via Yahoo Finance· 1 day 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...
What May Retail Data Means for the Fed
TheStreet.com· 1 day 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...
