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US consumers hang in there despite big bite from inflation

Bloomberg The reports of retail sales and consumer sentiment offered a glimmer of optimism that Americans aren’t ready to pull back on spending en masse in the face of decades-high inflation. Granted, the 0.5% rise in March sales was dwarfed by an even bigger increase in inflation that shows real spending is softening after a stronger start to the year. ...

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China Eastern Air resumes 737-800 flights after crash

Bloomberg China Eastern Airlines Corp has resumed flights using the same type of plane that recently crashed in southern China, a sign it is working toward putting the entire fleet back in the air. A 737-800 jet flew from Kunming to Chengdu, according to flightradar24.com. Other planes of the same model made by Boeing Co have been used in what ...

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Amazon fuel-inflation fee has sellers poised to raise prices

Bloomberg Amazon.com Inc will levy a 5% fuel and inflation fee on online merchants that use its shipping services, according to documents reviewed by Bloomberg, putting pressure on sellers to raise prices. The surcharge, which is scheduled to kick in April 28, will apply to US sellers who use the Fulfillment by Amazon service that stows, packs and ships products. ...

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