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Fortune 500 giants Nike and Walmart are warning of upcoming price hikes, but tariff-wary Americans are already pulling back on spending
fortune.com/2025/06/27/consumer-sentiment-inflation-economy-trump-tariffs-walmart-nike
A key inflation gauge moved higher in May in the latest sign that prices remain stubbornly elevated while Americans also cut back on their spending last month.
Prices rose 2.3% in May compared with a year ago, up from just 2.1% in April, the Commerce Department said Friday. Excluding the…
This story appeared on fortune.com, 2025-06-27 16:22:51.