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Business
Walmart Beats Profit Expectations But Shares Drop 6% on Weak Outlook and Cooling U.S. Growth
A surge in second-quarter profitability failed to protect Walmart stock from a 6% pre-market drop Thursday, as America’s largest retailer…
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Business
Walmart Shares Slide 6% as Retailer Signals Sales Slowdown and Misses Full-Year Target
Wall Street responded swiftly to Walmart’s restrained full-year financial outlook Thursday morning, driving company shares down 6% ahead of the…
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Business
US Debt Nears $40 Trillion as Interest Costs Pass $1 Trillion Mark
Potential reductions in capital gains taxes and historic highs in the stock market were analyzed alongside a pullback in July…
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Business
Federal Regulators Target Marketplace Brokers in Multi-Billion Dollar Healthcare Fraud Sweep
Federal health officials have issued enforcement notices to 100 insurance brokers operating within the Affordable Care Act marketplace, signaling a…
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Business
Post-Pandemic Fiscal Expansion and Union Activism Drive Socialist Gains Across U.S. Elections
A dramatic shift in American politics has seen self-described socialist and openly Marxist candidates securing key electoral victories nationwide, capitalizing…
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Business
The AI Fiscal Mirage: Why a $2.2 Trillion Deficit Windfall May Never Materialize
The prospect of artificial intelligence serving as a fiscal escape hatch for the United States is being met with a…
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