Reported about 18 hours ago
Recent conference calls by major retailers highlighted that American consumers are focused on value, with some even cutting back on discretionary purchases amidst rising inflation and looming tariffs. Though large home improvement purchases are up, executives caution that borrowers remain hesitant. Companies are navigating the impact of tariffs cautiously, with many opting not to increase prices yet, while others are finding advantages through domestic operations.
Source: YAHOO