Walmart released its Q2 fiscal year 2026 financial results, posting new sales of $120.9 billion, a 4.8% increase year over year. Comparable sales for the second quarter were $5.5 billion, a 0.4% increase year over year. Walmart attributes the increase …
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The U.S. Commerce Department announced it is raising steel and aluminum tariffs on over 400 products, including appliances, heavy equipment, marine engines, furniture and more. The department says more categories are being added to the list of steel and aluminum …
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The Federal Reserve kept its rates unchanged as it waits for information on how tariffs and other economic disruptions will affect the economy. The Fed still expects to cut rates twice this year, as growth slows and unemployment increases. In …
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In 2024, economic growth withstood inflation, high interest rates and other global challenges and should continue to show strength in 2025, says National Retail Federation chief economist Jack Kleinhenz. “The U.S. economy ended 2024 on a high note and the …
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