Investors eagerly await Walmart’s quarterly report for insights into U.S. consumer health amidst rising inflation and potential tariff impacts. The S&P 500 showed resilience despite inflation concerns. Walmart’s comments will be closely watched, as they could indicate how higher costs are affecting discretionary spending. Results from other consumer companies will also provide crucial economic insights in the coming weeks.
Justice Department drops criminal probe of Fed chair Powell, likely clearing way for Warsh
The Justice Department has concluded its investigation into Federal Reserve chair Jerome Powell. This decision removes a significant obstacle to the confirmation of Kevin Warsh,