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Business owners explain how the Trump tariffs are driving up costs, cutting into profits, and depressing employment.
The retail giant said Trump’s import taxes remain too high to avoid passing along to shoppers, who could start paying more ...
Walmart’s first-quarter profit slipped, and it said it must raise prices due to higher costs from tariffs implemented by ...
Walmart’s CEO has risked a White House rebuke by warning that the budget retailer has no choice but to hike its prices because of President Donald Trump’s tariffs. Doug McMillon said Thursday during ...
Retail sales in the US showed little change in April, indicating a slowdown in consumer spending after a pre-tariff rush.
Walmart has built in hedges against some tariff threats. Two-thirds of Walmart’s merchandise is sourced in the U.S., with groceries driving much of that. Groceries account for roughly 60%, of ...
The world’s largest retailer warned it’s facing a dynamic environment as it withheld a profit forecast for the current ...
Loblaw CEO Per Bank said prices for some tariff-affected items are expected to rise as pre-trade war inventory runs out.
Walmart on Thursday reported another solid quarter behind sales gains in the United States, but warned of higher prices and ...
The producer price index, which tracks inflation before it hits consumers — fell 0.5% last month from March, the first drop ...
Federal Reserve Chair Jerome Powell said Thursday that the economy may be entering a period of more volatile inflation and ...