Walmart issues ominous warning about US economy in 2025... sending Wall Street into a spin
Walmart — America's biggest retailer and a key economic bellwether — today issued a gloomy outlook for 2025, and Wall Street is worrying Despite solid sales growth to close out 2024, the retail giant warned profits will likely shrink in 2025 — something not seen since the pandemic Bosses pointed to fears that inflation-weary Americans will cut back spending, while under President Donald Trump will drive up costs. The gloomy forecast triggered a broad stock selloff that pulled all three major US stock indexes into negative territory by the time markets closed at 4pm in New York.
More >> https://ift.tt/O1lHY37 Full Article on Source: MAG NEWS
#us #uk #world #fashion #showbiz #celebrity #lifestyle #top #news