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What Kamala Harris will say about grocery prices when she rolls out her economic agenda
Walmart boosts outlook for 2024 with bargains proving a powerful lure for the inflation weary
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 rising costs for housing, groceries and almost everything else. Walmart Inc. reported earnings of $4.5 billion, or 56 cents per share, in the three months ended July 31. Adjusted per share earnings were 67 cents, or 2 cents better than Wall Street had expected, according to FactSet.
Inflation data confirms the Fed's next question: How much to cut?
The latest inflation reading gives the Fed freedom to act, but that doesn't mean they know what to do.
Trump’s Social Security tax break could make two fragile safety nets even weaker
Donald Trump's recent call to exempt Social Security benefits from income taxes is expected to exhaust the reserve funds for both Social Security and Medicare faster than anticipated.
Trump’s Social Security tax break could make 2 fragile safety nets even weaker
Donald Trump's recent call to exempt Social Security benefits from income taxes is expected to exhaust the reserve funds for both Social Security and Medicare faster than anticipated.