Anne D'Innocenzio

Stay informed with Anne D'Innocenzio’s coverage and analysis for Fortune.

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An employee makes a cake inside Walmart Supercenter on Wednesday, May 28, 2025, in North Bergen, N.J. (AP Photo/Andres Kudacki)

Walmart’s elite army of 6,200 cake decorators are some of America’s highest-paid hourly workers

By Anne D'Innocenzio and The Associated Press

Bicycles are displayed at a Walmart, Wednesday, April 16, 2025, in Groton, Conn. (AP Photo/Julia Demaree Nikhinson)

Walmart wants you to know that even with the trade war deescalation higher prices are inevitable

By Anne D'Innocenzio and The Associated Press

MIAMI, FLORIDA – MAY 06: An aerial view as Ford vehicles are lined up on the sales lot of the Metro Ford dealership on May 06, 2025 in Miami, Florida. Ford Motor Co. pulled its 2025 guidance and said it expects a tariff hit of about $1.5 billion for the year as U.S. automakers face economic uncertainty. (Photo by Joe Raedle/Getty Images)

Americans rushed to splurge before Trump’s tariffs kicked in—but the shopping spree may be coming to an end

By Christopher Rugaber, Anne D'Innocenzio, and others

FILE – Barbie Dream Besties, from Mattel, are displayed at the TTPM 2024 Holiday Showcase event in New York, Sept. 17, 2024. (AP Photo/Richard Drew, File)

Mattel gets 40% of its toys from China and says it will raise prices ‘where necessary’ to offset Trump tariff costs

By Anne D'Innocenzio and The Associated Press

US President Donald Trump looks on as he hosts the annual Easter Egg Roll on the South Lawn of the White House on April 21, 2025, in Washington, DC. According to the US National Park Service, the egg roll tradition dates back to 1878 when President Rutherford B. Hayes invited children to roll Easter eggs on the White House grounds. Children previously rolled eggs down a hill at the US Capitol in the early 1870s, but a law was passed in 1876 forbidding the Capitol property from being used due to the toll on the lawn. (Photo by Brendan SMIALOWSKI / AFP) (Photo by BRENDAN SMIALOWSKI/AFP via Getty Images)

Trump ending the tariff loophole that allowed companies to cheaply ship 4 million packages per day from China to the U.S. could raise prices even further

By Anne D'Innocenzio, Didi Tang, and others

A close-up of Donald Trump's face

How much deterioration in the world’s largest economy could be traced to Trump’s policies? ‘All of it,’ one economist says

By Paul Wiseman, Anne D'Innocenzio, and others

People work amid boxes of returned or overstocked clothing, shoes, boots, coats, packs and other items in a warehouse where the goods are cleaned or repaired before they are marketed on resale platforms in Englewood, Colo., on Thursday, April 17, 2025. (AP Photo/David Zalubowski)

Secondhand stores selling tariff-free goods are poised to be big winners from President Trump’s trade war

By Anne D'Innocenzio and The Associated Press

Brian Cornell, chief executive officer and chairman of Target Corp., listens during a Bloomberg Television interview in New York, U.S., on Tuesday, March 5, 2019. Target Corp. jumped the most in more than two months as it followed up strong holiday sales with upbeat projections for the current year, distancing itself from the travails of mall-based department stores. Photographer: Sarah Blesener/Bloomberg via Getty Images

Target’s CEO is taking action as a boycott over slashed DEI efforts roils in-store foot traffic

By Anne D'Innocenzio and The Associated Press

Porsche AG vehicles displayed outside a Porsche automobile dealership in Berlin, Germany, on Thursday, March 27, 2025. US President Donald Trump’s tariffs on car imports will be a major blow to earnings across the industry and likely force automakers to take drastic action, according to the head of Europe’s main car lobby. Photographer: Krisztian Bocsi/Bloomberg via Getty Images

Americans rushed to splurge on cars and big ticket items before Trump tariffs kicked in as if it was ‘one gigantic clearance sale,’ economist says

By Anne D'Innocenzio and The Associated Press

Steve Rad, CEO of toy maker Abacus Brands Inc., which designs science kits and other educational toys for older children, shows a newly improved matte box, left, that will replace its black plastic mold packaging insert, seen right, with an improved cardboard material to help offset the costs of future tariffs in El Segundo, Calif., on Monday, March 31, 2025.

Trump’s tariffs may trigger the return of ‘shrinkflation’ with shoppers paying more for less

By Anne D'Innocenzio and The Associated Press

HONG KONG, CHINA – 2024/05/03: Pedestrians walk past the American clothing and accessories retailer American Eagle store in Hong Kong. (Photo by Sebastian Ng/SOPA Images/LightRocket via Getty Images)

American Eagle’s CEO notes a psychological shift with Gen Z shoppers—and it’s fueled by economic anxiety

By The Associated Press, Christopher Rugaber, and others

Jeff Ware, president of Resurgence Brewing Company, poses for a portrait near a stockpile of aluminum cans, which are sourced from Canada, Thursday, Feb. 27, 2025, in Buffalo, N.Y.

Trump’s 25% tariffs on steel and aluminum imports force up prices for American necessities from soda cans to airplanes

By Dee-Ann Durbin, Anne D'Innocenzio, and others

FILE – Workers sort avocados at a packing plant in Uruapan, Mexico, Nov. 27, 2024. (AP Photo/Armando Solis, File)

Business owners say Trump’s erratic trade policies are threatening investment and economic growth

By Paul Wiseman, Anne D'Innocenzio, and others

Care Bears sitting on a toy shelf

Expect an expensive 2025 holiday season: Experts say the vast majority of toys are going to be more costly because of Trump’s tariffs on China

By Anne D'Innocenzio and The Associated Press

13 October 2021, Mecklenburg-Western Pomerania, Neubrandenburg: Employees sort parcels from online retailer Amazon at the new distribution center. The retailer’s second distribution center in Mecklenburg-Western Pomerania is officially opened today. According to the operator, around 10,000 parcels from European logistics and sorting centres are unloaded here every day and assigned to delivery vehicles. Photo: Jens Büttner/dpa-Zentralbild/ZB (Photo by Jens Büttner/picture alliance via Getty Images)

Will a 24-hour ‘economic blackout’ make a difference? Why shoppers are shunning Amazon, Walmart, and Whole Foods

By Haleluya Hadero and Anne D'Innocenzio