RabzonKhan
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Walmart issues inflation warning as Trump preps massive tariff hikes
Story by Martin Baccardax 11/20/24
Walmart whispered a quiet but significant warning Tuesday that consumer-price inflation could surge if President-elect Donald Trump follows through on his vow to impose tariffs on a host of goods imported into the world's biggest economy.
The world's largest retailer, which posted better-than-expected fiscal-third-quarter earnings and boosted its full-year profit forecast, is taking a bigger share of high-income earners' spending.
These consumers are trading down for lower prices amid the impact of post-pandemic inflation on everything from food to clothing.
Walmart's (WMT) U.S. same-store sales rose 5.3% in the three months ended in October, compared with the year-earlier quarter, notching its strongest quarterly tally in nearly three years.
These consumers are trading down for lower prices amid the impact of post-pandemic inflation on everything from food to clothing.
Walmart's (WMT) U.S. same-store sales rose 5.3% in the three months ended in October, compared with the year-earlier quarter, notching its strongest quarterly tally in nearly three years. Read more
Could Kamala make a 2028 comeback?
— Ezra Pound, Radio Rome, 15 March 1942You let in the Jew and the Jew rotted your Empire, and you yourselves are (doomed) by the Jew.