How Walmart sent a chill through Wall Street
Wall Street eased from record highs after Walmart forecasted slower sales, and saw its stock drop. The outlook raised ...
PCE Report: January Inflation Matches Estimates
The Personal Consumption Expenditures (PCE) report is out and it brings a deep dive into the state of the U.S. economy and ...
Tariff threats and uncertainty could weigh on consumers, drag down US economy, gov’t report suggests
Ongoing tariff threats from Washington and potentially sweeping government job cuts have darkened consumers’ mood and may be ...
Trump's Plan To Rein In Regulators Could Erode Market Trust, Says $2.3 Trillion Asset Manager
The chief investment officer of Europe’s largest asset manager warned Monday that President Donald Trump‘s recent executive ...
Consumers to Boycott Target, Walmart and Amazon in Feb. 28 ‘Economic Blackout’
Retailers like Target, Amazon and Walmart have found themselves at the center of grassroots calls on social media (now in the ...
What is today's shopping boycott all about? 7 things to know
U.S. brick-and-mortar retail stores sold $7.05 trillion in merchandise in 2023, CapitolOneShopping posted on its website. America’s largest retailer is Walmart, with $533.96 billion in domestic sales ...
Friday’s ‘economic blackout day’ boycott shows shoppers are fed up with high prices. Will it hit retailers where it hurts?
One day can make a difference to retailers, but the biggest impact of the 24-hour economic blackout protest could be the ...
Inflation Eased. Why It Isn’t a Sigh of Relief for the Fed or Consumers.
The year-over-year gain in the Fed’s preferred measure of inflation was in line with economists’ expectations and slowed from ...
Spending cuts and mass layoffs have made growth the biggest question mark for US stocks
Torsten Sløk, chief economist at Apollo, estimates 1 million jobs could be eliminated by the DOGE job layoffs.