live Iran warns U.S. against resuming attacks
Iran's military has threatened to launch sustained attacks on U.S. bases and interests across the Middle East if Washington resumes milita...
Walmart’s upcoming quarterly report will provide key insights into how inflation and potential tariffs are affecting U.S. consumer spending, especially as prices for essentials rise.
As the U.S. faces stronger inflation and uncertainty over President Trump’s tariffs, Walmart’s quarterly earnings report is expected to give investors a closer look at the health of consumer spending. With inflation pushing up the costs of goods and services, including food and gasoline, the retailer's performance will reveal whether these economic pressures are curbing discretionary spending.
Walmart, known for being a bellwether for U.S. consumer health, is seen as a key indicator of broader trends in the economy. Experts are particularly focused on how much higher prices are impacting shoppers' behavior. The report will be followed closely by other major retailers, as the fourth-quarter earnings season continues and the outlook for 2025 profits moderates.
Investors are watching for clues on how tariffs, especially the ones on Chinese imports, could affect prices and profits in the coming months. Walmart's response to these challenges will offer important insights into consumer sentiment and the overall retail sector's performance.
Houthi attacks target Riyadh amid concerns over Saudi oil supplies, as Iran says it will not reopen the Strait of Hormuz until its conditions are met and U.S. commitments are implemented, parliament speaker Mohammad Bagher Ghalibaf said on Sunday.
Saudi civil defence sent an all-clear on Saturday after issuing alerts for a second time for potential danger in Riyadh and the city of Al-Kharj east of the capital, amid an uptick in attacks by Iran-aligned Houthis on the Gulf country.
The U.S. State Department approved a $2.7 billion military sale to Ukraine for air-defence development upgrades, along with related equipment and services, the department said. Meanwhile, Ukrainian authorities reported at least 10 people had died in Russian attacks over the last 24 hours.
The death toll from an overnight Russian attack on the Kyiv region rose to four, including three children, Kyiv regional authorities said on Sunday. A mother and her two 3-year-old children were killed when a Russian drone strike hit a private home, the emergency service said.
Iran's military has threatened to launch sustained attacks on U.S. bases and interests across the Middle East if Washington resumes military action against Tehran.
Warren Buffett has stepped down as chairman of Berkshire Hathaway, marking the end of one of the most influential leadership tenures in corporate history and completing a succession process that has been years in the making.
Nigerian billionaire Aliko Dangote launched Africa's biggest-ever share sale on Monday, opening the oil refinery that has remade the country's fuel market to public ownership for the first time.
Volkswagen’s supervisory board has approved a major overhaul aimed at cutting 100,000 jobs by 2030 as the German carmaker battles weaker sales, falling profits and intensifying global competition.
Chinese Premier Li Qiang has called on American companies to expand their presence in China and pledged that Beijing would address their "reasonable concerns," as China looks to stabilise trade ties with Washington ahead of President Xi Jinping's planned visit to the U.S. later this month
Apple is entering a new era as Tim Cook steps down as chief executive after 15 years at the helm, handing the technology giant's leadership to longtime executive John Ternus.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment