Tag Archives: goods

Another legendary sporting goods retailer closing multiple stores  TheStreet Iconic 169-year-old retailer to shutter 36 locations  Fox Business Outdoor and sporting goods chain closing 31 stores by early 2026  KGW Sporting retailer Orvis to shutter half its locations nationwide, citing tariff pressures  The Boston Globe Tariffs force more Orvis store closures  Retail Dive Source link

President Trump said Friday he will impose an additional 100% tariff on imports from China starting next month, citing new Chinese export controls — marking a significant escalation in the U.S.-China trade war.  The new 100% tariffs will add on to any existing import taxes on Chinese goods, the president wrote in a Truth Social post. Tariffs on Chinese imports …

GENEVA (AP) — The World Trade Organization is sharply raising its forecast for trade growth in goods this year after an unexpectedly strong first half due to rising AI-related purchases, front-loaded imports in the U.S. over tariff fears and robust developing-world trade. The Geneva-based trade body said Tuesday its economists are increasing their prediction of growth in merchandise trade to …

This year, Amazon is having its October Prime Day early in the month — Oct. 7 and 8. Dubbed Amazon’s Big Deal Days, it’s an excellent opportunity to stock up on all kinds of items, including laptops, TVs and more. But it’s not all about big-ticket items. With the holidays around the corner, finding simple gifts or handy household items for …

The 12-month overall PCE & core PCE price indices, which the Fed uses for its target, are worse than a year ago. By Wolf Richter for WOLF STREET. Inflation is in services, where it accelerated further, even in the inflation index that the Fed prefers, the PCE Price Index released today by the Bureau of Economic Analysis, though Powell has been denying it …

Maybe it’s just because nothing could possibly live up to the cultural takeover of last year’s Wicked that the promotional campaign for Wicked: For Good, the second and final part of the Wizard of Oz stage musical’s movie adaptation, has felt a bit understated. We’re still two months away from the movie’s premiere in November, but this far out from …

PITTSBURGH, Sept. 8, 2025 /PRNewswire/ — DICK’S Sporting Goods, Inc. (“DICK’S” or the “Company”) (NYSE: DKS), a leading U.S.-based full-line omni-channel sporting goods retailer, today announced that it has completed its acquisition of Foot Locker, Inc. (“Foot Locker”), a leading footwear and apparel retailer. DICK’S is now positioned to become a global leader in the sports retail industry at the …

Postal traffic to U.S. plunged as tariffs hit cheap goods, U.N. agency says  The Washington Post Postal traffic to U.S. sank 80% after Trump administration ended exemption on low-value parcels  MPR News Postal traffic to US drops more than 80% after trade exemption rule ends, UN agency says  NPR Postal traffic to US down by over 80% amid tariffs, UN says  DW How the …

U.S. International Trade in Goods and Services, July 2025  Bureau of Economic Analysis (BEA) (.gov) U.S. Imports Rose in July Following Months of Trade Turmoil  The New York Times US Trade Gap Widens to Largest in Four Months on Import Flurry  Bloomberg.com US goods trade deficit widens sharply in July  Reuters US Trade Gap Widens More Than Expected On Goods Imports Surge  Barron’s Source link

Services are where two-thirds of consumer spending goes. And that’s where inflation is. But it’s no longer in rents. By Wolf Richter for WOLF STREET. The core services PCE Price Index, which excludes energy services, accelerated to +0.36% (+4.4% annualized) in July from June, the third month in a row of acceleration. The increase was driven by non-housing services; rents continued to decelerate. …