15+ hour, 30+ min ago  (358+ words) Import volume at major ports is surging as companies look to avoid a new tranche of tariffs, per a report from the NRF and Hackett Associates. Companies are stocking up ahead of expected tariff increases in August. Import volume at…...

1+ mon, 3+ day ago  (415+ words) Ending the Iran war could help ease the pressure, but the worst is likely still to come for categories like food, according to economists. Inflation reached 4.2% last month, the highest in three years, according to the Consumer Price Index released…...

1+ mon, 3+ week ago  (343+ words) The retailer expects somewhat higher retail price inflation in Q2 if the fuel shocks from the war in Iran persist. However, Walmart maintained its full year guidance. While Walmart’s first quarter performance demonstrates strength, the retailer is not immune to exogenous…...

2+ mon, 1+ day ago  (466+ words) Wary consumers may finally pull back on spending amid broad price hikes. “The squeeze is real,” Navy Federal Credit Union Chief Economist Heather Long said. The era of consumers continuing to spend — even in the face of economic uncertainty and…...

2+ mon, 1+ week ago  (309+ words) The REI Union said a boycott of the retailer’s anniversary sale is the only way to be heard, as contract talks ended last week without an agreement. REI inched toward profitability in 2025, thanks in part to the turnaround efforts announced…...

2+ mon, 1+ week ago  (463+ words) The improved outlook among consumers toward the labor market bolstered the argument among Federal Reserve officials opposing a cut to the main interest rate. The brighter outlook toward the labor market and future availability of jobs bolstered the argument among…...

2+ mon, 2+ week ago  (615+ words) Retailers wrapped up the first quarter with another healthy boost in March. Consumer confidence has been on the wane all year, and economic realities aren’t helping much. Yet retailers just wrapped up the month, and the first quarter, with surprising…...

3+ mon, 8+ hour ago  (341+ words) The agency previously said its in-development system would deliver refunds up to 45 days after a request was submitted. U.S. Customs and Border Protection’s refund system for defunct Trump administration levies will take between 60-90 days to deliver returns for eligible entries, according…...

3+ mon, 15+ hour ago  (394+ words) Concern about inflationary harm from the Iran war flared across all demographic groups — by age, income and political affiliation, pushing down the index of consumer sentiment this month to 47.6 from 53.3 in March, Hsu said. “Americans are upset about the war…...

3+ mon, 3+ week ago  (877+ words) Even before the Iran war’s oil price spikes, people were getting more cautious about spending. That means buying less from retailers. Month after month — despite inflation, tariffs and rising debt — the fragile U.S. consumer has come through for retailers,…...