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Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies ...
Retail sales fell 0.9% in May, the steepest decline in four months, as tariff concerns dampened auto purchases and cooler weather hurt sales.
Jaguar Land Rover (JLR) sales have slid sharply over the past three months after a temporary pause in exports to the US and ...
Stellantis reported a 10% drop in second-quarter U.S. sales, with unit FCA US delivering 309,976 vehicles, as the company ...
Saks Global is far more exposed to the high-end luxury brand matrix, which has been going through a challenging moment,” a Saks Global spokesperson told The Post.
Retail spending on non-essential goods in the U.S. slumped by 4% in early 2025, a reminder of the 2008 crisis, according to Craig Shapiro.
With the middle-east tensions at breaking point, US tariff uncertainty still high and the Bank of England holding off interest rate cuts - the outlook for consumer demand looks rocky.
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.
Yet many categories saw sharp declines. Car sales plunged 3.5%, while sales at home and garden centers dropped 2.7%. They fell 0.6% at electronics and appliance stores and 0.7% at grocery stores.
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 ...