Sales at retail stores and restaurants dropped 0.9% in May, the Commerce Department said Tuesday, after a decline of 0.1% in April. Sales jumped 1.5% in March.

Higher costs are reshaping shopping habits. While it slightly increased in May, the University of Michigan's closely watched consumer sentiment index has hovered near historic lows throughout 2025.

BEIJING, China - Retail sales in China grew at a faster rate than expected last month, official data showed Monday, a positive sign for the world's second-largest economy during its grinding ...