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Big Retail's cautious forecasts are spooking Wall Street | CNN Business

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American shoppers have almost single-handedly kept the US economy afloat by continuing to shell out cash for purchases despite stubbornly high inflation. But big retail’s cautious forecasts are spooking Wall Street.

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. Forecasts from Walmart and Home Depot made for a grim day of trading on Tuesday.

Debt ceiling woes, home sales and union troubles: What Investors are watching today ▸ A new report from the Bipartisan Policy Center projects that, absent Congressional action, the debt limit “X Date” — the day when the US federal government can no longer meet all its obligations in full and on time — will likely arrive in summer or early fall of 2023. BPC’s range takes into account newly available data from the Congressional Budget Office and the Treasury Department.

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Now that their credit card have high interest rates and their savings are drained, what will happen

日本 最新ニュース, 日本 見出し

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