Alina Selyuk
👤 SpeakerAppearances Over Time
Podcast Appearances
This kind of number is very rare to see on this government report.
It's driven by gasoline prices that have jumped sharply since the U.S.
And the effect on energy prices has become a big driver of inflation.
The government this week reported consumer prices in April rose 3.8 percent from a year ago.
This is NPR News in Washington.
government took about two months to set up an online system where companies that paid the illegal tariffs could request their money back.
That's an estimated $166 billion, though not all of it is being processed in this first wave.
Customs has also acknowledged that it did reject more than a third of refund claims for technical and data errors, though importers can refile.
As of about two weeks ago, the agency said it had accepted claims covering about a fifth of all the shipments that are due refunds.
Nike is the latest big company to face a class action lawsuit that argues shoppers should get a cut of any refunds because they paid the costs through higher prices.
eBay says it received no notice or outreach before GameStop made its takeover bid.
And eBay as a company is about four times bigger than GameStop.
Still, in a statement, eBay says it will bring the proposal to its board for review.
In recent years, GameStop, under its CEO Ryan Cohen, has risen in profile as a darling of meme stock investors.