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Walmart vs. Tariffs: Price Hikes Spur Trump’s Ire
Bentonville, Arkansas, USA: Walmart’s CEO Doug McMillon publicly acknowledged that tariffs on key imports—fruits, produce, and other staples—are...
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Zillow Predicts First Home Price Drop Since 2011
Seattle, Washington, USA: Real estate giant Zillow projects a 0.9% nationwide home price decline by April 2026—the first annual drop in over a...
Home Depot’s Q1 Profit Climbs Amid Steady DIY Demand
Atlanta, Georgia, USA: Home Depot surprised analysts by posting a better-than-expected first-quarter profit despite a high-mortgage-rate...
Regulators Mull Softening “Supplementary Leverage Ratio,” Banks Expect Relief
Washington, D.C., USA: The Federal Reserve and other regulators are considering lowering the supplementary leverage ratio (SLR), a key post-2008...
Walmart to “Eat” Some Tariffs Amid Pressure, May Pass Costs to Shoppers
Bentonville, Arkansas, USA: Walmart faces renewed tariff hikes under President Trump’s trade policies. Treasury Secretary Scott Bessent confirms...
Tariffs Set to “Rattle” Economy as Businesses Face Higher Costs
Washington, D.C., USA: Economists warn that recent tariffs imposed by President Donald Trump could soon push up consumer prices and strain...
U.S. Markets Plunge as Moody’s Downgrades U.S. Credit Rating
New York, USA: Investors worldwide saw a sharp selloff in stocks after Moody’s stripped the United States of its last AAA credit rating, citing...
Phillips 66 Proxy Showdown: Elliott and Proxy Firms in Rare Standoff
Houston, Texas, USA: Shareholders of oil refiner Phillips 66 face a high-stakes proxy battle this week as Elliott Investment Management seeks to...
Proposed Credit Card Competition Act Threatens Reward Programs
Washington, D.C., USA: A newly proposed Credit Card Competition Act aims to increase payment network choices but might significantly reduce or...
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