Latest Corie Barry News

Trump's threat to impose tariffs could raise prices for consumers, colliding with promise for relief

Nov. 26, 2024 17:23 PM EST

DETROIT (AP) — If Donald Trump makes good on his threat to slap 25% tariffs on everything imported from Mexico and Canada, the price increases that could follow will collide with his campaign promise to give American families a break from inflation. Economists say companies would...

Best Buy posts another quarterly sales drop while Kohl's sees slump deepen

Nov. 26, 2024 13:33 PM EST

NEW YORK (AP) — Best Buy, the nation’s largest consumer electronics chain, reported another quarterly drop in sales as Americans continued to tighten their purse strings on appliances and gadgets to focus on essentials. The Richfield, Minnesota-based retailer lowered its annual...

Best Buy reports another drop in quarterly sales amid cautious buying but business is stabilizing

Aug. 29, 2024 10:38 AM EDT

NEW YORK (AP) — Best Buy, the nation’s largest consumer electronics chain, on Thursday reported another quarterly drop in sales due to Americans pulling back on purchases of appliances and consumer-electronics gadgets to focus on essentials. But the latest period showed Best...