Anne D'Innocenzio

1 week ago | thesunchronicle.com | Christopher Rugaber |Anne D'Innocenzio

WASHINGTON (AP) - Retail sales fell sharply in May as consumers pulled back from a spending surge early this year to get ahead of President Donald Trump's sweeping tariffs on nearly all imports. Sales at retail stores and restaurants dropped 0.9% in May, the Commerce Department said Tuesday, after a decline of 0.1% in April. The figure was pulled down by a steep drop in auto sales, after Americans ramped up their car-buying in March to get ahead of Trump's 25% duty on imported cars and car parts.

1 week ago | gazettextra.com | Christopher Rugaber |Anne D'Innocenzio

WASHINGTON (AP) - Retail sales fell sharply in May as consumers pulled back from a spending surge early this year to get ahead of President Donald Trump's sweeping tariffs on nearly all imports. Sales at retail stores and restaurants dropped 0.9% in May, the Commerce Department said Tuesday, after a decline of 0.1% in April. The figure was pulled down by a steep drop in auto sales, after Americans ramped up their car-buying in March to get ahead of Trump's 25% duty on imported cars and car parts.

1 week ago | flipboard.com | Christopher Rugaber |Anne D'Innocenzio

3 hours agoCEO: When I meet someone with these 4 traits, I immediately want them to work for me—even if I'm 'not hiring'Think you know what bosses are looking for? Think again. Getting hired and promoted used to hinge on traditional leadership traits like executive …NowChina Is Unleashing a New Export Shock on the WorldAs President Trump’s tariffs close off the U.S. market, Chinese goods are flooding countries from Southeast Asia to Europe to Latin America.

1 week ago | ottumwacourier.com | Christopher Rugaber |Anne D'Innocenzio

WASHINGTON (AP) - Retail sales fell sharply in May as consumers pulled back from a spending surge early this year to get ahead of President Donald Trump's sweeping tariffs on nearly all imports. Sales at retail stores and restaurants dropped 0.9% in May, the Commerce Department said Tuesday, after a decline of 0.1% in April. The figure was pulled down by a steep drop in auto sales, after Americans ramped up their car-buying in March to get ahead of Trump's 25% duty on imported cars and car parts.

2 weeks ago | audacy.com | Lindsey Peterson |Christopher Rugaber |Anne D'Innocenzio

U.S. inflation picked up a bit last month as food costs rose, though overall inflation remained mostly tame. Consumer prices increased 2.4% in May compared with a year ago, according to a Labor Department report released Wednesday. That is up from a 2.3% yearly increase in April. Excluding the volatile food and energy categories, core prices rose 2.8% for the third straight month.