ANNE D'INNOCENZIO Business Writer, Author at The Rapid City Post

FILE - In this April 27, 2011 file photo, bottles of Procter & Gamble's Tide detergent are on display at a Target store in Richmond, Va. (AP Photo/Steve Helber, File)

P&G to increase prices in part due to tariffs as shoppers remain cautious and delay purchases

July 29, 2025

Consumer products giant Procter & Gamble offered an annual earnings outlook that was below analysts’ projections and said it would raise prices on about a quarter of its products in the U.S. in part due to costs of President Donald Trump’s tariffs. The assessment comes a day after the Cincinnati-based maker of such products as Crest toothpaste, Tide detergent and Charmin toilet paper, named Shailesh Jejurikar, currently chief operating officer, to succeed Jon Moeller as the company president and CEO, effective Jan. 1, 2026. Moeller, who has been at the company’s helm since November 2021, will become P&G’s executive chairman.

Tomatoes are displayed as customers shop at a grocery store in Glenview, Ill., Tuesday, July 15, 2025. (AP Photo/Nam Y. Huh)

US retail sales bounce around in a whipsaw trade environment

July 17, 2025

After an earlier pullback, consumers picked up their spending in June showing resilience despite anxiety high over tariffs and the U.S. economy. Retail sales rose 0.6% in June after declining a 0.9% in May, the Commerce Department said Thursday. Sales in April were down 0.1%, pulled down by a steep drop in auto sales, after Americans ramped up their car-buying in March to get ahead of President Donald Trump’s 25% duty on imported cars and car parts.Excluding autos andautomotive parts, sales rose 0.5%.

ANNE D'INNOCENZIO Business Writer.

P&G to increase prices in part due to tariffs as shoppers remain cautious and delay purchases

US retail sales bounce around in a whipsaw trade environment

Finance.