Sign at the entrance to a Walmart in Venice, Florida(L), and a T.J. Maxx store in Pinole, California. Getty Images As more major retailers post earnings, one theme is clear: Value players are winning both the wealthy and the cash-strapped. Walmart and TJX, T.J. Maxx’s parent company, stood apart from the pack this week by…
Walmart raised its sales and earnings outlook Thursday as the retailer posted sales gains in its fiscal third quarter, driven by double-digit e-commerce growth and new customers across incomes. The retailer said it expects full-year net sales to climb between 4.8% and 5.1%, up from its previous expectations of 3.75% to 4.75%. It said it…
Shoppers walk through Manhattan on Nov. 7, 2025, in New York City. Spencer Platt | Getty Images High-income consumers are trading down, Gen Z is spending less, and low-income shoppers are still struggling, according to many consumer companies that shared their latest quarterly results in recent weeks. Those trends may not bode well for the…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Market update: Stocks are trying to maintain a rebound after a nasty market sell-off on Thursday that carried over into Friday’s opening. It’s been a volatile…
The SAP Labs India Pvt. office in Bengaluru, India, on Thursday, on April 27, 2023. Global capability centers have evolved far beyond tech support, but their growth presents challenges for multinationals and Indian cities alike. Bloomberg | Bloomberg | Getty Images This report is from this week’s CNBC’s “Inside India” newsletter, which brings you timely, insightful…
The conundrum of the stock market going down ahead of Jackson Hole confounded me. With a market that had been headed down every day, except for deep cyclicals and housing-related stocks, the setup seemed extreme. By the end of the week, the bet was one way: Federal Reserve Chairman Jerome Powell , perhaps because he…
Customer with shopping cart in the snack aisle of a Walmart store in Florida City, Florida in the on August 5, 2025. JC Milhet | AFP | Getty Images As some of the biggest names in retail, including Walmart and Home Depot, delivered earnings results in recent weeks, they updated Wall Street on how they…
Lowe’s beat Wall Street’s earning expectations on Wednesday as demand for home projects picked up during the quarter, but homeowners’ appetite for bigger projects remained softer. The retailer also announced its latest effort to attract more business from home professionals. It said on Wednesday that it has struck a deal to acquire Foundation Building Materials,…
Donald Trump, as both a citizen and president, has railed against modern dishwashers, washing machines, light bulbs, showerheads and toilets, claiming that onerous government regulations render them less effective and more expensive. Since returning to the White House in January, he’s turned his ire into an edict. On April 9, Trump issued an executive order…
