• August 15, 2024

Walmart beats sales, raises outlook as higher income consumers continue to turn to the retail giant

Walmart ( WMT ) reported another solid quarter as its business proves resilient against discerning consumers and sticky inflation. In Q2, revenue grew 4.8% to $169.34 billion, compared to the $...

Read More

• August 15, 2024

Medicare to save $6B in 2026 from the first ever Part D drug pricing negotiations

The Biden administration released the prices of the first ever negotiated Medicare Part D prescription drugs before markets opened Thursday. But the announcement appears to have little impact on sto...

Read More

• August 15, 2024

What Kamala Harris will say about grocery prices when she rolls out her economic agenda

Vice President Kamala Harris will call for a ban on food "price gouging," signal a critical view of mergers, and highlight her own past fights with large corporations as she sketches out her economi...

Read More

• August 15, 2024

Walmart boosts outlook for 2024 with bargains proving a powerful lure for the inflation weary

NEW YORK (AP) — Walmart had another quarter of strong sales that topped almost all expectations with its comparatively low prices proving a powerful draw for millions who have struggled with risin...

Read More

• August 15, 2024

Nasdaq 100, Dow and Nikkei 225 Continue to Head Higher

​​​Nasdaq 100 still moving higher ​The index has enjoyed an impressive run over the past week, bouncing off the 200-day simple moving average (SMA).​Further gains now target the 19,500 high...

Read More

• August 15, 2024

Inflation data confirms the Fed's next question: How much to cut?

This is The Takeaway from today's Morning Brief, which you can sign up to receive in your inbox every morning along with: The latest batch of inflation data offered th...

Read More

• August 15, 2024

UK Growth Continues to Show Signs of Recovery Despite Stagnant June Print

UK GDP, GBP/USD Analysis UK GDP for Q2 expanded as expected but June reveals stagnant growth Growth trends reveal optimism as the UK enters the rate cutting cycle ...

Read More

• August 15, 2024

Trump’s Social Security tax break could make two fragile safety nets even weaker

Donald Trump's call to exempt Social Security benefits from income taxes may offer an alluring political sound bite. But the move would undermine not just one critical safety net for seniors, b...

Read More

• August 15, 2024

Trump’s Social Security tax break could make 2 fragile safety nets even weaker

Donald Trump's call to exempt Social Security benefits from income taxes may offer an alluring political sound bite. But the move would undermine not just one critical safety net for seniors, b...

Read More

• August 15, 2024

How the empire that Google built could be remade following monopoly ruling

The Justice Department successfully argued that Google acted as an illegal monopoly . Now comes the tricky part: Deciding what to do about it. DOJ attorneys are considering a number of options ...

Read More