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Anne D'Innocenzio, Associated Press

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Anne’s Recent Stories

Politics Jan 24

Target says it is ending its DEI goals and programs, citing an ‘evolving external landscape’

Discount store chain Target said Friday that it would join rival Walmart and a number of other prominent American brands in scaling back diversity, equity and inclusion initiatives that have come under attack from conservative activists and, as of this…

Economy Dec 30

The retail trends, winners and losers of 2024

Value was in vogue in 2024. Shoppers and restaurant patrons in the U.S. were choosy about where and how to spend their money as they wrestled with high housing and food prices.

Nation Dec 26

U.S. consumers increased holiday spending this year even as they battled higher prices

New data shows holiday sales rose this year even as Americans wrestled with still high prices in many grocery necessities and other financial worries.

Economy Aug 15

Americans spent more at retailers in July despite higher prices

Americans stepped up spending at retailers last month by the most in a year and a half, easing concerns that the economy might be weakening under the pressure of higher prices and elevated interest rates.

Nation Aug 12

The growing demand for mini farm animals

Americans are showing more interest in owning miniature cows, miniature goats, miniature donkeys and other diminutive farm animals.

Economy Jul 21

Many small businesses struggle to resume normal operations days after global tech outage

Major customers of Microsoft and CrowdStrike are getting IT support to resolve the issues stemming from a faulty software update that caused technological havoc worldwide on Friday, but smaller businesses whose computers may have received the problematic update are struggling.

Economy Jun 18

High inflation curbs spending as retail sales rise a meager 0.1% in May

Retail sales rose 0.1% in May, below the pace that economists projected, according to the Commerce Department.

Economy May 27

How inflation-weary shoppers can find summer deals at major retailers

The reductions, which mostly involve groceries, are getting introduced as inflation showed its first sign of easing this year but not enough for consumers who are struggling to pay for basic necessities.

Economy Jan 17

Retail sales were up 0.6 percent this holiday season, fueled by a strong job market

While consumers continue to face higher borrowing costs and prices, spending is being fueled by a strong job market and rising wages.

Economy Dec 26

Holiday sales rose in U.S. during despite some financial anxiety and higher costs

Mastercard SpendingPulse said Tuesday that holiday sales rose this year. The indicator, which tracks all kinds of payments including cash and debit cards, found sales from the beginning of November through Christmas Eve climbed 3.1%, a slower pace than the…

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