Consumer ETFs showing the real inflation picture
A divide between two consumer ETFs may be signaling the true picture of U.S. inflation as shopping trends dictate where investors are placing their bets.
Dow closes above 40,000 for first time
The Dow Jones Industrial Average crossed 40,000 on Thursday, the first new milestone in over three years as investors bank on an improving economy and corporate profits.
Walmart gains high-income shoppers as elevated prices persist
Walmart noted yet again that its continuing to gain even more higher-income shoppers. Executives say the driver isn't necessarily price but convenience.
Walmart holds keys to inflation picture
Investors and economists are waiting as Walmart, the largest private employer in the U.S. and a key indicator of how the consumer is doing, reports its first-quarter earnings.
Sam's Club says AI will handle exit checks in all stores by end of 2024
Sam's Club announced that by the end of the year, artificial intelligence technology will be used to verify customers' purchases at the exit, slashing wait times.
Ground beef sold at Walmart recalled over E. coli concerns
Cargill Meat Solutions is recalling more than 16,000 pounds of beef shipped to Walmart locations across the country over concerns that it could be contaminated with E. coli.
Walmart launches its largest private grocery brand in decades
Walmart launched a new private food brand with hundreds of items across a variety of categories. This comes as private brands continue to gain market share.
Walmart closing 51 health centers over lack of profitability
Walmart said that it's shuttering all 51 of its health clinics and related telehealth services due to issues tied to reimbursement and rising operating costs.
The history of Walmart: How one man built a retail empire
First opened in 1962 by Sam Walton, Walmart quickly exploded into a retail empire turning over hundreds of billions of dollars in revenue. Here is a look at how he built it.
Walmart backed startup fintech launches buy now, pay later option
Walmart is utilizing fintech startup One, which it has a majority stake in, to help some customers pay for products over time. However, the service rivals Affirm.