customers have mostly shrugged off the higher menu prices and the revenue has gone up. what s going on there? both of those companies, walmart and mcdonald s are facing higher costs as is practically every company right now. the difference however is mcdonald s has been able to pass on some of the higher costs. walmart can t do that as much because their whole brand is centered around being a low-cost retailer. it s having to eat some of the costs and that s why it s warning about profit. but jake, one thing i should flag, we talked about this recently in terms of the retail sales data. wall mmart warning they re speng more of essentials like food and fuel and that s leaving less discretionary income. the reason that matters to a retailer like walmart is their profits are higher on categories like apparel. their profits are lower on essential categories like food and fuel. that s why we re seeing the profit warning. it s yet another data point, yet another sort of warning n
used for medical reasons. welcome to our viewers in the united states and around the world. i m wolf blitzer. you re in the situation room. tonight, former president trump is signaling he s going to stick to his old playbook as he appears poised to run for the white house again. trump seemingly undeterred by weeks of damning evidence presented by the january 6th select committee or by a dueling speech delivered today by his former vice president. here is cnn s chief national affairs correspondent jeff zeleny. former president donald trump returned to washington tonight for the first time since leaving office and picked up right where he left off. i ran for president. i won, and i won a second time, did much better the second time. did a lot better. reporter: what began as a policy speech about crime, immigration and the border turned to grievances as he inched closer to launching a bid for the white house. we may have to do it again. we have to straighten out ou
happening now, former president trump sets the stage for his expected 2024 presidential campaign returning here to washington to rally his base with familiar attacks on the january 6th select committee and false claims about the last presidential election. also tonight, the u.s. justice department s insurrection investigation zeros in on the trump white house with new testimony by two former aides to vice president pence as the attorney general is leaving the door open right now to criminal charges against trump. and wnba star brittney griner plans to take the stand in her own defense at her drug trial in russia after an expert testifies that the cannabis oil found in her luggage was likely