Inflation has created a dark cloud over how everyday Americans view the economy
Grocery items are offered for sale at a supermarket on August 09, 2023 in Chicago, Illinois. Scott Olson | Getty Images When Kyle Connolly looks...
Walmart CEO Doug McMillon talks about deflation
Holiday shoppers are turning to Walmart for groceries and gifts, but CEO Doug McMillon said it’s hard to predict how sales will look in the...
Consumers buckling for first time in decade: Former Walmart U.S. CEO
The draw of bargains may be fading. As three of the nation’s biggest retailers kick off a key sales week, former Walmart U.S. CEO Bill...
Walmart CEO says shoplifting could lead to price jumps, store closures
Walmart stores across the U.S. are grappling with an uptick in shoplifting that could lead to higher prices and closed stores if the problem persists,...
Walmart, JPMorgan, GM CEOs talk about possible slowdown
General Motors CEO Mary Barra speaks during a visit of the US president to the General Motors Factory ZERO electric vehicle assembly plant in Detroit,...
S&P 500 falls again on Thursday, inching closer to bear market territory
The S&P 500 fell Thursday as the benchmark inched closer to a bear market. Investors continued to dump equities on fears Federal Reserve rate hikes...
Dow drops 1,100 points for its biggest decline since 2020 as the sell-off this year on Wall Street intensifies
The Dow Jones Industrial Average posted its biggest loss since 2020 on Wednesday after another major retailer warned of rising cost pressures, confirming investors’ worst...