BUSINESSJun 17 · 14:44 UTCBATON ROUGE BUSINESS REPORTSheridan White

Roundup: G7 summit / Retail sales rise / CarMax earnings

The 2026 G7 summit in France addressed AI regulation and strategic access to advanced U.S. systems. U.S. retail sales surged in May despite high gas prices, showing resilient consumer demand. CarMax's Q1 revenue exceeded expectations due to higher used-car prices, though profits declined.

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G7 summittopicFranceplaceOpenAIorganizationAnthropicorganizationGoogleorganizationCarMax Inc.organizationRetail salestopicused-car pricestopic

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