Economy News Walmart Ceo Has Good News For Americans Worried About The Economy

Walmart raises profit expectations as more Americans hunt deals in sluggish economy

Walmart delivered another standout quarter, posting strong sales and profits that blew past Wall Street expectations as it wins over more cash-strapped Americans who have grown increasing anxious abou ... Read More

Walmart Stock Nears All-Time High Despite Sounding an Alarm on the Economy. Should Investors Be Concerned?

Walmart's results showcase the nuances of purchasing decisions. Often, consumers don't eliminate a purchase, but shift the source -- for example, cutting back on food spending by cooking from home ... Read More

Affluent Shoppers Lift Walmart in a Challenging Economy

Customers across income levels, especially higher earners, have been drawn to Walmart’s increasingly convenient services, from broader inventory to faster deliveries. More than one-third of Walmart ... Read More

Target and Walmart lead retail earnings this week, as a ‘tale of two consumers’ emerges in the economy

Gap, Ross, TJX and other retailers also report, as new leadership and the government shutdown’s impact could be topics of discussion on earnings calls. Read More

Wait, I thought the economy was terrible. What happened?

“The economy is struggling to create jobs. The unemployment rate is low but it’s now showing some stress,” Zandi said, adding that the closer the rate gets to 5%, the greater the risk of a ... Read More

Walmart's CEO Is Retiring. He's Leaving a Powerhouse Company—and Stock—Behind

Walmart CEO Doug McMillon is slated to retire at the end of January but spend the next year advising his replacement: John Furner, the CEO of Walmart's U.S. operations. McMillon led Walmart through 11 ... Read More