"There's a lot of movement on the services side and it's going to take a little bit of time. I do believe we are on the right path here."

"It does open the door to a potential rate cut later in the year. It will take a few more readings indicating that inflation is coming down for the Fed to act."

The value of U.S. retail purchases, unadjusted for inflation, was little changed from a month earlier, and gains in prior months were lower than previously thought.

How purchasers should look at federal income tax aspects of tax due diligence in preparation for an M&A transaction.