Throughout Thursday night’s finals, the 13-year-old from Allen, Texas, looked like a champion in waiting. Then he nearly threw it away. But even a shocking moment of overconfidence couldn’t prevent him from seizing the title of best speller in the English language.
Overall consumer spending — which includes spending on services — rose 0.2% in April from March, the report said, but that’s down from a big 0.7% rise in March.The slowdown in spending could reflect some early caution on the part of consumers, economists said, in response to higher goods prices. It also suggests that some of the spending jump in March reflected consumers purchasing items like cars to get in front of the impact of tariffs.
“The pulling forward of consumer spending ahead of the tariff increases will continue to dampen household spending in the coming months, especially as they face higher prices and a softening labor market,” Kathy Bostjancic, chief economist at Nationwide, said in an email. “We anticipate that the improved inflation trend will reverse in the second half of the year as companies are forced to begin passing along a portion of the increased tariffs in order to protect profit margins.”that the retail giant would increase prices for many products in May and June to account for the tariffs, while electronics chain Best Buy’s CEO Corie Barry said Thursday the company isas well because of the duties, as a “last resort.”
Makeup company E.l.f. Beauty, which sources 75% of its products from China, saidit would raise its prices by $1 a product starting Aug. 1 to offset the cost of tariffs.
And on Thursday, warehouse retailer Costco said it has already raised prices for some products, but has held the line on others. The company largely absorbed the duties on pineapples and bananas “because they are key staple items” and “we felt it was important to really eliminate the impact there,” said Gary Millerchip, Costco’s chief financial officer.
But the company did increase prices for flowers from Central and Source America, for example, “because we felt that was something that the member would be able to absorb,” Millerchip added.group who had gone missing, were found in the northern city of Reynosa along the Texas border, authorities said on Thursday.
The musicians from the band Grupo Fugitivo, which played at parties and local dances in the region, had been reported missing since Sunday.Tamaulipas state prosecutors, who had been investigating their disappearance, said the men were kidnapped around 10 p.m. that night while traveling in a SUV on the way to a venue where they were hired to play. Their bodies were found on the fringes of Reynosa. Prosecutors said nine suspects believed to be part of a faction of the Gulf Cartel, which has strong presence in the city, have been arrested.
Authorities were not immediately able to say why the men were slain, and did not deny reports by local media that the bodies had been burned.The genre they played – Mexican regional music, which encapsulates a wide range of styles including corridos and cumbia – has in recent years gained a spotlight as it’s entered a sort of international musical renaissance. Young artists sometimes pay homage to leaders of drug cartels, often portrayed as Robin Hood-type figures.