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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Aug 3, 2026 / Tyler Durden
Trump Says Iran Faces 'Decapitation' If It Doesn't Sign A 'Good' Deal
Trump Says Iran Faces 'Decapitation' If It Doesn't Sign A 'Good' Deal
Summary
Trump says Iran faces 'decapitation' if it doesn't agree to a deal.
Trump says Gulf allies halted planned US strikes in favor of diplomacy.
Iran says Hormuz talks with Oman are progressing, but US actions remain the obstacle.
Oil prices still falling on optimism over Hormuz negotiations & uptick in transit.
Tehran is betting it can outlast Trump by raising the costs of confrontation.
Will the U.S. invade Iran before 2027?
Yes 21% · No 80%View full market & trade on Polymarket * * ...
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Aug 28, 2026 / Tyler Durden
Got Hard Assets? UBS Says "Position For A Commodity Upcycle" As Global Scarcity Emerges
Got Hard Assets? UBS Says "Position For A Commodity Upcycle" As Global Scarcity Emerges
One day after veteran commodities strategist Jeff Currie told investors to "get long and buckle up" for the next leg of the commodities rally, UBS strategist Sagar Khandelwal issued a similarly bullish call, urging clients to "position for a commodity upcycle."
Khandelwal said electrification, surging power demand, artificial-intelligence infrastructure spending, persistent supply constraints, and years of underinvestment are converging to create a perfect storm for a sustained upcycle in hard assets.
Commodities can generate returns while protecting portfolios...
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Aug 19, 2026 / Tyler Durden
Your Bank Data Could Become A Profit Center - And You'll Pay the Price
Your Bank Data Could Become A Profit Center - And You'll Pay the Price
Authored by Morgan Sweeney via The Center Square,
A forthcoming federal rule on open banking may allow banks to charge new fees for access to consumer data, a move critics say would harm consumers and runs counter to other parts of President Donald Trump's agenda.
Open banking allows consumers to authorize banks and other financial institutions to securely share their financial data electronically with third-party providers.
PNC Bank building in Pittsburgh, PA (Photo: Grace David / The Center...
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