CNN Early Start With Christine Romans and Laura Jarrett July 7, 2024
reported, get this, a stunning 52% drop in first quarter profits, that was just a day after shares in the nation's largest retailer walmart had their worst day in 35 years. what is going on here? they have their fingers on the pulse of the american consumer and they say inflation was the problem, their customers are sticking to the basics when they come in, leaving with fewer items in their shopping carts. those purchasing decisions being driven by sticker shock of course. basics are getting much more expensive, gas up 44% the last year, car, food and shelter also way up. americans a...
Source: archive.org