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Walmart says some price increases are possible in tariff 'uncertainty,' e-commerce sales grow
Walmart warns of potential price hikes due to tariffs, despite strong Q1 results and eCommerce growth. The retailer remains optimistic about future sales.
Social Security benefit payments fall later in May
The first monthly batch of Social Security benefits are paid later this May than in any other month this year due to a quirk in the 2025 calendar.
Chinese imports to US plummet to lowest levels since pandemic amid Trump tariffs
U.S. sees record imports from Mexico and Vietnam as Chinese goods face 145% tariffs, marking a significant shift in trade patterns since the pandemic.
National Debt Tracker: American taxpayers (you) are now on the hook for $36,212,978,908,050.01 as of 5/14/25
The U.S. national debt is climbing at a rapid pace, on track to double over the next three decades amid a rush of spending by President Biden and Congress.
Student loan delinquencies surge, sending credit scores plunging for borrowers
Student loan delinquencies have surged since a pause in reporting has concluded, with millions facing credit score declines, according to a New York Fed report.
401(k) giant to allow private markets investments in its retirement portfolios
Wall Street firms have been pushing to get private investments into the hands of individual investors, and they see the market for 401(k)-type retirement plans crucial to this growth.
AI chipmaker AMD unveils $6B buyback plan
AMD has been lauded as the most formidable competitor to Nvidia's dominance, but the firm now faces tough competition from custom processors and the larger rival's industry stronghold.
WH announces $1.2T in economic commitment with Qatar, including significant Boeing order
The White House announced that President Donald Trump secured economic exchanges with Qatar worth $1.2 trillion, a figure which includes a historic order for Boeing airliners.
JPMorgan lowers recession probability after Trump's tariff truce with China
JPMorgan reduced its forecast for the chance of a recession this year after the U.S. and China temporarily lowered the higher tariffs they imposed.
Steelmaker Nucor experiences cybersecurity incident, shuts down some production
Steel company Nucor said it experienced a cybersecurity incident, prompting it to temporarily shut down some of its production operations as a precaution.