These Consumer Goods Could Be First To Vanish As "Supply Shock" Disrupts Asian Factories

Walmart Crashes Most Since 2022 After Huge Comp Store Sales Miss Walmart is tumbling after posting disappointing guidance while quarterly sales fell short of expectations, a rare miss for the world's largest bricks and mortar retailer, that is stoking concerns about the leading big-box retailer decelerating alongside a slow-growing US economy. Comp store sales at US stores open at least a year, excluding fuel, rose 2.6% in the second quarter, far below the lowest analyst estimate compiled by Bloomberg. That growth rate, which reflected "125 bps headwind from pharmacy deflation and brand-to-generic...

Undrain The Swamp: JOLTS Miss Despite Shocking Surge In Government Job Openings To Biden Admin Levels After five straight months of JOLTS beats, including two blowout prints for April and May and zero misses since 2025... ... it was inevitable that the BLS would eventually pot out a disappointment, if only to preserve the myth of "accurate data."  That's what happened today when in the latest JOLTS report, the US dept of labor reported that in June the US had 7.359 million job openings, down 178K from the (downward revised) May total...

A new poll of US voters published on Tuesday offers a warning for congressional lawmakers backing a plan to deepen military ties between the United States and Israel, finding that a clear majority of voters oppose the proposal—which some critics have called “treasonous.” The Data for Progress survey of 1,217 likely US voters—conducted August 3–7 for Demand Progress and the Institute […]