Article
Walmart Tumbles On Disappointing Guidance; Warns Low-Income Consumers Drowning, High Fuel Costs Will Hit Profit
Walmart Tumbles On Disappointing Guidance; Warns Low-Income Consumers Drowning, High Fuel Costs Will Hit Profit
Extending concerns about US consumer weakness - now that the bumper OBBBA tax refund period is over - after yesterday's earnings by Home Depot and Target, this morning Walmart reported Q1 earnings (the last big company to report, rounding out earnings season) and warned that fuel costs are squeezing the company’s bottom line and could lead to higher prices for shoppers.
In the latest quarter, the world’s largest retailer said comparable sales in US stores rose 4.1%,...
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Apr 8, 2026 / Tyler Durden
Nobody Knows What Will Happen Next
Nobody Knows What Will Happen Next
By Michael Every and Bas van Geffen of Rabobank
Ceasefire
Yesterday, the US and Iran threatened to, respectively, “destroy Iranian civilisation” with “new tools” and other countries in the Gulf with old ones. Ahead of the 8PM deadline that Trump had set for “Bridge and Power Plant Day,” US and Israeli forces reportedly already destroyed some bridges and other infrastructure.
Washington and Tehran struck a last-minute, two-week ceasefire – provided that the Strait of Hormuz is fully reopened. Notably, this was after China leaned on Iran to...
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May 18, 2026 / Tyler Durden
Net Zero Fearmongering In Tatters After Climate Report 'Implausibility' Ruling
Net Zero Fearmongering In Tatters After Climate Report 'Implausibility' Ruling
Authored by Chris Morrison via DailySceptic.org,
The fallout from the recent Intergovernmental Panel on Climate Change (IPCC) ruling that computer model high emissions pathway RCP8.5 is “implausible” is only just beginning. Most mainstream media fearmongering stories over the last 15 years need to be moved into the junk file, as do the increasingly shrill sandwich-board pronouncements of King Charles and Sir David Attenborough.
But the rot goes much deeper than ill-informed public comment, although that alone has been enormously influential in promoting...
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Apr 16, 2026 / Tyler Durden
DOJ Petitions Court To Toss Convictions Of Unpardoned Jan. 6 Defendants
DOJ Petitions Court To Toss Convictions Of Unpardoned Jan. 6 Defendants
Authored by Janice Hisle via The Epoch Times,
The Justice Department is petitioning an appeals court to throw out the convictions of unpardoned defendants who were charged in connection with the U.S. Capitol breach on Jan. 6, 2021.
“The United States has determined ... that dismissal of this criminal case is in the interests of justice,” read a motion filed April 14 in the case of Elmer Stewart Rhodes III, Kelly Meggs, Kenneth Harrelson, and Jessica Watkins.
All four defendants belonged to...
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