Trump claims credit for the retailer's summer rollbacks -- a reversal from May, when he told Walmart to "eat the tariffs" instead.
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Walmart shares gained Tuesday after the retailer announced plans to lower prices on thousands of items across its namesake stores and its warehouse retailer Sam’s Club.

<body><p>STORY: Walmart said Monday it would cut prices on many summer barbecue favorites, including meat, chips and soda.</p><p>The move comes after U.S. President Donald Trump said the retailer was acting at his administration's request.</p><p>In a Truth Social post, he said Walmart would be lowering prices significantly, "to celebrate our great Country's 250th birthday."</p><p>Trump said the firm would, “be dropping the price for a pound of ground beef by almost 15%.”</p><p>Walmart said in a statement that the price of one pound of 73% ground beef roll would drop to $5.94 from $6.74 in its stores, a decline of about 12%.</p><p>The retailer also said it lowered prices on items including Coca-Cola and PepsiCo sodas and chips.</p><p>Prices for steaks and hamburger meat soared after a persistent drought burned pasture lands and hiked costs of cattle feed, forcing U.S. ranchers to slash their herds.</p><p>Now the price cuts mark a notable shift from last year, when Walmart warned that tariffs would push some prices higher, a move Trump had rebuked.</p><p>The president had previously encouraged low-tariff imports of Argentine beef to cool U.S. prices, which angered American ranchers.</p><p>He had also directed the Department of Justice to investigate whether U.S. meatpackers were colluding to raise prices.</p><p>Walmart is widely viewed by economists and investors as a gauge of U.S. consumer health because of its size and broad customer base.</p></body>
For shoppers, a retail brand’s health is usually measured by what they see on the surface: a friendly website experience, department-store racks, buzzing mall storefronts, and variety in offerings. But behind every jacket, shirt, pair of jeans, or online order is a much larger network of ...
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A mom is suing Campbell and Walmart, alleging SpaghettiOs contained worms or parasites that caused illness in her and her child, court filings state.
Costco Wholesale is the last major retailer to report results this earnings season. After multiple retailers noted, however cautiously, that consumers are still spending, investors will be looking to see if Costco does the same. For its fiscal third quarter, Costco is expected to earn $4.98 a share, a 16.3% increase from the year-ago period, on a 10% rise in revenue to $69.68 billion.
Investing.com -- Walmart Inc. (NASDAQ:WMT) reported first-quarter results that exceeded revenue expectations but issued guidance below analyst estimates, sending shares down 2% premarket.
Nvidia stock fell late despite strong earnings. Elon Musk's SpaceX released its filing for a mammoth IP. Stocks rallied Wednesday as oil prices dived on Iran hopes.
Walmart’s earnings may matter less than what the retail giant says about inflation, gas prices, and consumer spending trends.
Walmart delivered results in line with expectations as consumers seek out value.
Walmart delivered results in line with expectations as consumers seek out value.
Walmart delivered results in line with expectations as consumers seek out value.
The stock market is near highs but oil prices and yields are headwinds with Trump issuing new Iran threats. Nvidia and Walmart earnings loom.
Markets face a reasonably quiet week, but it will be dominated by Wednesday's Nvidia (NVDA) earnings and Alphabet's two-day developer conference, creating a critical test for AI infrastructure investment sustainability and technology sector leadership.
Reg Wydeven is a partner with the Appleton-based law firm of McCarty Law LLP. He writes a weekly column for The Post-Crescent.
On paper, the U.S. economy might seem strong. There were 115,000 jobs added in April, beating expectations. But much of that growth came from health care and social assistance positions. Economists often view those jobs differently from gains in sectors like manufacturing, retail, and ...
The President wants rate cuts. His pick is set to take the chair at the Federal Reserve. Futures markets have spent weeks pricing in easing. Then the Bureau of Labor Statistics released the April Consumer Price Index report, and the door slammed shut. Headline CPI rose 3.8% year-over-year in April, up from 3.3% in March, ... Trump Wants Rate Cuts. The Data Just Made That Nearly Impossible.
Walmart's stock price continues to rock.