Latest Market News
Walmart Warns: Gas Prices to Squeeze Shoppers Next Quarter
Walmart's cautious outlook signals rising consumer pressure from gas prices, despite a strong Q1. CFO Rainey warns that tax refunds masked the pain.
Luxury Stocks Hit as Inflation Jolts Markets
Hotter-than-expected PPI data sends shockwaves through luxury sector, prompting Barclays downgrade.
Gasoline Prices Trigger Consumer Fear and Spending Cuts
Rising gasoline prices reignite inflation fears, with consumers cutting consumption 8% year over year as prices surge.