Retail sales fell in May, dragged down by a decline in auto sales and a shift by Americans to spend more on vacations and other services instead of goods.
Katherine Lee
Posted inBusiness, Nation & World
Record rise in U.S. wholesale prices over the past year
Wholesale prices, boosted by rising food costs, increased 0.8% in May, and are up by a record amount over the past year.
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Posted inNation & World
China sends record 28 fighter jets toward Taiwan
It is the largest such display of force since Beijing began sending planes on a near daily basis last year.
Posted inNation & World
As U.S. deaths from COVID-19 near 600,000, racial gaps persist
On the way to the latest round-number milestone, the virus has proved adept at exploiting inequalities in the U.S.
Posted inBusiness, Nation & World
After the pandemic, a wave of spending by older consumers
The number of people ages 65 and over is projected to double to more than 1.5 billion by 2050, greatly increasing their economic impact.
Posted inArts & Entertainment, Nation & World
Vaccinated visitors soon can take off masks at Disney World
Starting Tuesday, face masks will be optional for visitors to the theme park resort who are vaccinated.
Posted inNation & World
Freedom Day’ for England reopenings pushed back 4 weeks
British Prime Minister Boris Johnson confirms that the next planned relaxation of coronavirus restrictions will be delayed until July 19, as a result of the spread of the delta variant.
Posted inArts & Entertainment, Nation & World
Prime Peke! Wasabi the Pekingese wins Westminster dog show
It was a poignant win that came after one archaeologist Iris Love, the owner of Wasabi, the winning Pekingese, died last year of COVID-19.
Posted inNation & World, Politics
NATO leaders declare China a global security challenge
President Biden has stepped up his effort to rally allies to speak in a more unified voice about China’s human rights record, its trade practices and its military’s increasingly assertive behavior that has unnerved U.S. allies in the Pacific.
Posted inNation & World
Pulitzer Prizes awarded for coverage of pandemic, racial injustice protests
The Associated Press and The New York Times each won two Pulitzers, the most prestigious prize in journalism, first awarded in 1917.