Markets
Walmart shares slide as inflation hits profits
Walmart attributed the profit miss to higher wage expenses as declining omicron cases led to overstaffing, higher inventory and higher costs for shipping, storage, food and fuel due to inflation, which is currently running near a 40-year-high.
Dow, S&P, Nasdaq rally after solid retail sales, factory data
U.S. stocks moved higher as investors digested a round of retail earnings as well as positive retail sales data.
ETFs
Elon Musk, Jeff Bezos slam Biden's policies
Fox Business contributor Charlie Hurt reacts to the billionaires taking on the president over inflation on 'Fox Business Tonight.'
Elon Musk warns China's economy could overtake US, says Americans must 'stop punching ourselves in the face'
Elon Musk warned Americans on Monday to "stop the infighting" in order to compete with China's rapidly growing economy.
Here’s what Warren Buffet is buying and selling
Great Hill Capital chairman Thomas Hayes and Revere Securities managing director Scott Fullman discuss if now is the time to start buying on ‘The Claman Countdown.’
Dow, S&P, Nasdaq rally after solid retail sales, factory data
U.S. stocks moved higher as investors digested a round of retail earnings as well as positive retail sales data.
Ramp corporate card takes on AMEX and BOA
Ramp co-founder and CEO Eric Glyman reveals his plan to disrupt the travel industry on ‘The Claman Countdown.’
Tanger CEO: Inflation drives consumers to look for value
Tanger CEO Stephen Yalof discusses the new Nashville location and the state of retail on 'The Claman Countdown.'
US economy heading into downturn, Wells Fargo CEO warns: 'No question'
With the Federal Reserve moving rapidly to tame sky-high inflation by aggressively raising the benchmark federal funds rate, Charlie Scharf said that it is likely there will be some economic fallout.
This is what consumers are still optimistic about
Kristin Bentz and Jharonne Martis provide insight on the state of the consumer on 'Making Money.'
Powell says Fed 'won't hesitate' to hike interest rates until inflation falls
Fed policymakers hiked the benchmark federal funds rate by a half point earlier this month, and Chairman Jerome Powell has all but promised that two, similarly sized increases are on the table at the forthcoming meetings in June and July.
Elon Musk calls on SEC to investigate Twitter's spam, fake account estimate
Musk has put his $44 billion acquisition of the social media giant temporarily on hold as he awaits details supporting Twitter's calculations that spam and fake accounts make up less than 5% of the platform's users.
China Eastern Airlines crash that killed 132 may have been intentional: report
The Chinese airliner that crashed into a mountain in March was put into a near-vertical nosedive by someone in the cockpit, The Wall Street Journal reported Tuesday.
Canada can ‘help’ reduce gas prices: Premier of Alberta
Alberta Premier Jason Kenney told "Cavuto: Coast to Coast" that Canada and the U.S. should form a "North American alliance."