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UPDATE 5-Walmart lifts full-year sales and profit forecast, shares hit record high
Reuters via Yahoo Finance· 1 day agoU.S. retailers in recent weeks have fanned concerns that consumer spending is waning, but behemoth Walmart is not one of them. rose less than expected in ...
Malaysia's economy grows faster than expected, inflation risks cloud outlook
Reuters· 6 hours agoMalaysia's economy grew faster than expected in the first quarter of 2024, helped by household ...
Consumers ‘trading down’ to cheaper goods online: report
Retail Dive· 3 days agoAdobe anticipates that e-commerce sales within the first half of the year will grow 6.8% compared to last year to over $500 billion. The share of cheap goods increased “significantly,” per the ...
Markets Boomed on Inflation Data but Fed Rate Cuts Remain Complicated, Here’s Why. And 5 Other...
Barrons.com· 1 day agoConsumer confidence is weakening. There are more clues to be found in Thursday’s Walmart earnings...
TD, RBC Data Point to Slowing Household Spending in Canada
Bloomberg via Yahoo Finance· 3 days ago(Bloomberg) -- Consumer spending in Canada has continued to show signs of weakness over the past two...
Hate spending: What you need to know
Bankrate via AOL· 7 days agoBureau of Labor Statistics. Over the last year, the CPI rose 3.5 percent, up from 3.2 percent for the...adults say money has caused financial stress....
Walmart's strong forecast sparks stock surge to record high
Reuters· 16 hours ago, opens new tab raised its full-year forecast and reported better-than-expected quarterly results on...
The backbone of America’s economy was just dealt a serious blow | CNN Business
CNN.com· 2 days agoUS consumers could be reaching their breaking point. After dealing with elevated inflation and the...
Inflation Cools; Prices Still 22% Higher Than Before the Pandemic
PYMNTS.com· 2 days agoApril’s Consumer Price Index (CPI) data shows that inflation’s torrid pace is cooling, at least a...
Japan’s Economy Sputters as Dismal Run Extends to Three Quarters
Bloomberg via Yahoo Finance· 1 day ago(Bloomberg) -- Japan’s economy shrank in the first quarter as consumers and companies cut spending,...
