Latest news with #Davis
CNN
4 hours ago
- Business
- CNN
It's a back-to-school shopping spree as families rush to beat tariffs
Back-to-school shopping is already under way. And this year's essential: avoiding tariffs. Two-thirds of Americans with school-aged children started shopping for the upcoming school year in July, the earliest on record, according to a new survey from the National Retail Federation. Families, concerned that President Donald Trump's tariffs could drive prices even higher, are looking for deals and pulling back on spending. 'Consumers are being mindful of the potential impacts of tariffs and inflation on back-to-school items, and have turned to early shopping, discount stores and summer sales for savings on school essentials,' said Katherine Cullen, vice president of industry and consumer insights at the NRF, in a statement. Half of back-to-school shoppers say they are hitting stores earlier this year compared to last year specifically because they are worried tariffs will increase prices, the NRF's survey found. Many school essentials like backpacks, clothing, and electronics are imported into the United States. Tariffs on most of America's trading partners are set to rise on August 1, unless they can make a trade deal with the United States before then. On Tuesday, Trump announced a trade agreement with Japan, his sixth such announcement, setting a 15% tariff on Japanese imports. Most countries are operating under a 10% universal tariff, while China faces a 30% tariff until August 12. 'Many shoppers are looking to buy now because of the promotional deals offered by many retailers in July, along with the desire to get ahead of possible price increases and inventory issues from tariff uncertainty,' said Adam Davis, managing director of Wells Fargo retail finance. Not only are Americans shopping earlier for school essentials — they are also pulling back on spending. Shoppers are expected to spend about $858 per family on clothes, school supplies and electronics this year, down 2% from last year, according to the NRF. 'Shoppers are also weighing value and necessity more carefully. We continue to see a trend of trading down — from branded to private-label products — as consumers look to stretch their budgets,' said Davis. With shoppers spending less, retailers are competing for every dollar. Target's back-to-school event advertises savings of 30%, promising to not raises prices on 20 of the most popular school supplies and backpacks. Walmart says 14 of their most popular school supplies cost less than last year. Seventy percent of Walmart shoppers told the company in a survey they plan to spend more time looking for discounts this year. 'We can see retailers maximizing on summer sales to offer discounts and get budget-conscious shoppers in stores, especially with specific promotions and discounts tied to school necessities,' said Davis. Consumers spent $24.1 billion during Amazon's four-day prime event in July, up 30% from the year before, according to data from Adobe. Competitive discounts drove demand, with back-to-school supply sales up a whopping 175%, Adobe said. But price increases from tariffs will catch up with consumers soon, as retailers start to run through the inventory they imported before tariffs took effect, according to John Zoldis, a retail analyst at Quo Vadis Capital, an investment advisory. That should happen this month, he said, with American consumers feeling the impact in about 2 to 4 weeks.
USA Today
17 hours ago
- Sport
- USA Today
Dustin Poirier's boxing coach pinpoints when Max Holloway fight was 'getting away from us'
NEW ORLEANS – Dyah Davis did his best to urge Dustin Poirier into more exchanges with Max Holloway at UFC 318, but ultimately it wasn't enough. Poirier (30-10 MMA, 22-9 UFC) came up short of his fairytale retirement end this past Saturday when he dropped a unanimous decision to Holloway (27-8 MMA, 23-8 UFC) in their BMF title trilogy bout in front of a raucous home state crowd in Louisiana. It was a largely thrilling affair, with Poirier getting hurt by strikes in the first and second rounds before nearly scoring a wild finish of his own late in Round 2. It was during that time where Davis, who served as a longtime boxing coach to Davis, started to see where the fight was really trending, and did his best to alter it. "I felt like I needed more volume," Davis told MMA Junkie. "We had to keep up with Max's pace. There were instances in the fight where I was asking him to be first, or, 'If you land a good shot to follow it up. You've got to test the water to see if the guy is hurt. You land a big shot, you've got to follow up and put him away.' In between rounds I was asking for more volume. "After Round 2, I kind of felt like the fight was getting away from us a little bit. I was trying to be instrumental in the corner to make sure he could go out there and change the direction of the fight. Even though he almost finished him in the second, going into Round 3 and Round 4, the writing was a little bit on the wall. In order to try to change the trajectory of the fight, I needed more output." Poirier, 36, couldn't deliver that output and lost by 48-47, 49-46 and 49-46 scorecards. Holloway outlanded him 198-to-109 in significant strikes, with each being credited with one knockdown. "I try to watch the fight from an unbiased eye," Davis said. "Max's volume and body work was on display. He was busier. He was getting off and he was mobile, so he was able to get off his shots and then move. It kind of felt like we were almost chasing him a little bit and not able to get off when he was in position to punch." Although everyone on Poirier's team would've like to see him win the retirement fight, the result was somewhat inconsequential when "The Diamond" put down the gloves and was celebrated for his career. Davis has been there for much of the journey, with Poirier's knockout of Conor McGregor at UFC 257 in January 2021 being a distinct moment. Their personal relationship will go on, but Davis admits the process leading up to his farewell bout and the subsequent aftermath has led to much emotional turbulence. "Leading up this fight it's been bittersweet," Davis said. "We know he's had a monumental career and it's coming to an end, but he deserves to see what's on the other side of it. He's been at this for a very long time. It's bittersweet, but I'm happy."
Chicago Tribune
a day ago
- Chicago Tribune
Chicago man charged after crash into Indiana highway wall
A Chicago man was charged Tuesday with drunkenly crashing into a highway wall, records allege. Kyle N. Davis, 32, is charged with causing serious bodily injury when operating a vehicle while intoxicated and two misdemeanors. He is in custody, held on a $2,000 cash bond. Indiana State Police responded at 12:22 a.m. July 21 to the .02-mile marker on I-80 west in Hammond, just inside the state line. Davis initially told police he swerved to avoid someone in front of him and hit the wall. Then, as cops went to get the woman's ID, he changed his story, saying they had been at the casino for hours and he lost control of his white Chevrolet Equinox. 'You can test me right now, I ain't even drunk,' he said. He told police he had a busted lip and an injured leg. His female passenger was taken to the hospital with a cut lip, head pain and 'memory issues.' An affidavit shows Davis had a no contact order that barred him from seeing the woman. He told police he thought it just prevented them from fighting.
Glasgow Times
a day ago
- Sport
- Glasgow Times
Katie Davis ‘can't wait' to take to Shergar Cup stage
Born and raised in Saratoga Springs, New York, Davis has more than 300 wins in her career so far and featured in the recent 'Race for the Crown' series, centred on the Triple Crown in America. She joins riders from 10 different countries for the August 9 event, riding alongside Hugh Bowman (Australia) and Karis Teetan (Mauritius) in the Rest of the World team. Davis, 33, said: 'I am so excited to be riding in the Dubai Duty Free Shergar Cup this year. It was amazing to be invited and it should be a great buzz to ride on such a big day at Ascot, one of the most famous racecourses in the world. 'I think it's great what they have done with the teams this year and I can't wait to compete with Hugh and Karis in the Rest of the World team along with all the other jockeys from across the globe.' With the Ladies team no longer part of the long-running competition for the first time, Joanna Mason will join Hollie Doyle and Robbie Dolan in the Great Britain & Ireland side. Europe will consist of Delphine Santiago from France, Dario Di Tocco (Italy) and Per-Anders Graberg (Sweden). The riders for the newly-formed Asia squad are Suraj Narredu (India), Ryusei Sakai (Japan) and Mirai Iwata (Japan).
South Wales Argus
a day ago
- Sport
- South Wales Argus
Katie Davis ‘can't wait' to take to Shergar Cup stage
Born and raised in Saratoga Springs, New York, Davis has more than 300 wins in her career so far and featured in the recent 'Race for the Crown' series, centred on the Triple Crown in America. She joins riders from 10 different countries for the August 9 event, riding alongside Hugh Bowman (Australia) and Karis Teetan (Mauritius) in the Rest of the World team. Davis, 33, said: 'I am so excited to be riding in the Dubai Duty Free Shergar Cup this year. It was amazing to be invited and it should be a great buzz to ride on such a big day at Ascot, one of the most famous racecourses in the world. 'I think it's great what they have done with the teams this year and I can't wait to compete with Hugh and Karis in the Rest of the World team along with all the other jockeys from across the globe.' With the Ladies team no longer part of the long-running competition for the first time, Joanna Mason will join Hollie Doyle and Robbie Dolan in the Great Britain & Ireland side. Europe will consist of Delphine Santiago from France, Dario Di Tocco (Italy) and Per-Anders Graberg (Sweden). The riders for the newly-formed Asia squad are Suraj Narredu (India), Ryusei Sakai (Japan) and Mirai Iwata (Japan).
