What Walmart, Target, Home Depot, and Lowe’s Tell Us About the Economy

Consolidation of Target, Walmart, Lowe’s, and Home Depot stores. Reuters To what extent can the American consumer bear a rise in inflation rates? This depends on who you ask. Four major retailers – WalmartAnd GoalAnd Home Depot And Louie They announced their quarterly financial results this week, and each offered a different view of where … Read more

Stocks drop sharply as target problems renew inflation fears

NEW YORK – The Dow Jones Industrial Average plunged more than 1,100 points and the S&P 500 saw its biggest drop in nearly two years on Wednesday, as heavy profit losses by Target and other major retailers fueled investor fears that rising inflation could… Deep into the companies. earnings. The massive selling erased gains from … Read more

Americans spend $5,000 a year on gasoline with skyrocketing prices

Hayman Capital Management founder and chief information officer, Kyle Bass, says the Fed will put Americans into a “great recession.” American families are now spending up to $5,000 on gasoline, according to new research, a staggering increase from just a year ago with higher prices at the pump. the new Analytics From Yardeni’s research shows … Read more

Gasoline could hit $5 a gallon this summer, causing more pain for consumers

Current gasoline prices are shown in Garden Grove, California, March 29, 2022. Mike Blake | Reuters Gasoline prices are an alternative ticket to consumers’ wallets this summer, as supply shortages and uncertainty in Ukraine could drive up fuel costs sharply. Gasoline prices are up around $5, and look like they’ll stay high even after the … Read more

The European Union is rushing to develop a $300 billion roadmap to get rid of Russian energy

Brussels (AFP) – The European Union’s executive arm moved on Wednesday to move the 27-nation bloc’s plans to ditch Russian energy amid the Kremlin’s war in Ukraine.By proposing a package worth about 300 billion euros ($315 billion) that would include more efficient use of fuels and a faster roll out of renewable energy. The European … Read more

Rand Paul says the timing of the $48 billion COVID trade rescue is inappropriate due to historical inflation

Former USS Cole commander Kirk Leibold says Senator Rand Paul cannot “play money games” because “lives are at stake” amid Russia’s invasion of Ukraine. except: Republican Senator Rand Paul is pressing the $48 billion business rescue bill, which he calls a “poorly targeted spending spree,” amid growing concerns about historic inflation. On Tuesday evening, Senate … Read more