) is seeing customers on drugs like Ozempic putting a little less food in their carts. A Walmart executive says the retailer is seeing a"slight change" in the carts of shoppers on the diabetes and weight loss drug Ozempic, Wegovy, and other appetite suppressants, according to a report fromdiscusses the report and the potential impact of appetite suppressants on company margins.
The former White House aide couldn't stop laughing as she answered Jimmy Kimmel's question about Trump's ketchup habits. In a deeply personal revelation, Victoria Beckham spoke out about the emotional turmoil following allegations surrounding her husband’s alleged affair. See what she said.
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Investors await Friday's job report, oil prices, Walmart sees Ozempic impact: The RundownEconomists predict Friday's job report won't be enough to change the Federal Reserve's rate path. The report will be released Friday at 8:30 a.m. ET. Exxon Mobil (XOM) expects to see a more than $1 billion bump in profits in the third quarter thanks to the rise in oil prices. Walmart (WMT) is blaming Ozempic and the increasing popularity of weight loss drugs for a 'slight change' in shopping habits, with the retailer seeing less food in shopping carts. Yahoo Finance anchors Seana Smith and Brad Smith run down several of this morning's top news stories, live from the Nasdaq MarketSite. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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Barclays Recommends Shorting Fast Food Credit Because of Ozempic(Bloomberg) -- Drugs used for weight loss like Ozempic pose a real risk to companies ranging from fast food restaurants to cigarette makers, and credit market prices don’t fully reflect the potential downside, according to a report from Barclays strategists.
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Oil demand: We are still in an oil bull market, analyst explainsOil demand remains high despite inflation and other economic pressures keeping consumers on tightened budgets. Claudio Galimberti, Rystad Energy SVP & Head of Americas Research, joins Yahoo Finance Live to share his oil demand predictions for 2024. 'We are still in that phase' of an oil bull market, Galimberti tells Yahoo Finance, making a callback to previous comments on the energy market's reaction to OPEC's production cuts. Galimberti predicts a 'very sizable' rate of oil demand heading into 2024, coinciding with forecasts for extended production cuts from Saudi Arabian producers. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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McCarthy is out — Who could be the next House Speaker?Rep. Kevin McCarthy (R-Ca.) has been voted out of his seat as Speaker of the House and there is a lot of speculation about who could be taking his place. Yahoo Finance's Rachelle Akuffo and Akiko Fujita weigh in on the urgency of selecting the next House Speaker and whether House Republicans will make a selection before the November 17 deadline to avert another looming government shutdown. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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Mean Girls streaming free on Paramount's TikTokOctober 3 is here and Paramount (PARA) is celebrating the momentous day by streaming 'Mean Girls' for free on their TikTok page — the entire movie is cut into three-minute clips. Will the streamer be able to transfer this hype and deliver new viewers to its platform? Yahoo Finance's Alexandra Canal, Josh Schafer, and Pras Subramanian weigh on Paramount's social media strategy. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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