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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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Sep 22, 2026 / Tyler Durden
The West Might Soon Ramp Up Its Pressure On India To Distance Itself From Russia
The West Might Soon Ramp Up Its Pressure On India To Distance Itself From Russia
Authored by Andrew Korybko via Substack,
The US and France seem to be coordinating a concerted pressure operation against India...
Popular Russian outlet Izvestia raised awareness of a paywalled Bloomberg report alleging that India might reduce its import of Russian oil, which was 45% of its total last month, to avoid US tariffs of up to 100% after Trump recently signed into law a bill empowering him to punish Russia's top energy partners. Earlier in September, "India's...
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Mar 16, 2026 / Dave DeCamp
Trump Says Israel ‘Would Never’ Use Nuclear Weapons
President Trump said on Monday that Israel “would never” use a nuclear weapon when asked about comments from David Sacks, the White House’s AI and crypto czar, who recently suggested that Israel might consider the nuclear option if the war with Iran continues to escalate. “Israel could get seriously destroyed,” Sacks said on an episode […]
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May 20, 2026 / Tyler Durden
A Troubling Trend: Why More Workers Are Tapping 401(k)s Early And How To Resist
A Troubling Trend: Why More Workers Are Tapping 401(k)s Early And How To Resist
Authored by Due via The Epoch Times,
What’s the main goal of your 401(k)? Well, my dear Watson, it’s to provide for your retirement. Specifically, it’s a long-term investment that benefits from compound interest. But for a record number of Americans, the “long term” is taking a back seat to immediate financial struggles.
Early 401(k) withdrawals can create costly setbacks for future retirement savings. ShutterstockProfessional/Shutterstock
In 2025, 6 percent of Vanguard 401(k) plan members took hardship withdrawals. That’s a...
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