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Even the ultra-wealthy are having to shop in Walmart right now, CEO John Furner says: ‘We’re meeting more of them, they’re buying more’ |...

“We do continue to see the higher-income customers coming to Walmart,” Furner told reporters during the retailer’s annual shareholders’ week in Bentonville, Arkansas, last week. “We’re meeting more of them, they’re buying more, they’re coming more frequently.”Walmart’s lower-income shoppers...

Jenn Landis rebuilt Citi’s Wall Street credibility. Her reward: CFO of a $22 billion business | Fortune

Good morning. Jenn Landis always knew she’d want to return to a CFO role. After spending the past five years rebuilding investor confidence in Citigroup as head of investor and rating agency relations, Landis is getting that opportunity. Last week,...

Haleon Invests in India to Deliver Better Everyday Health to Rural Communities

Article contentHow much is Haleon investing in India, and how will this investment be phased?Article contentHaleon is investing around £175 million of capital expenditure in a new oral health manufacturing site in Madhya Pradesh. This investment will be phased...

‘Yet another way in which 2026 is looking like 1999’: Top analyst fears bubble popping with investors and Wall Street out over their skis...

The Nasdaq’s sudden lurch lower on Friday looked like a crack in a story that had seemed, until recently, almost bulletproof—the story that artificial intelligence is not merely a useful tool but a civilizational force, the kind of technological...

Another low-budget film crushes an expensive action movie at the box office — ‘an outstanding opening for a comedy sequel this far into the...

After three weeks of indie horror dominance at the box office, the slasher spoof “Scary Movie” topped ticket sales with $55 million over the weekend, according to studio estimates Sunday, easily besting the far-from-mighty “Masters of the Universe.”A new order has...

Markets face triple threat of Iran war reigniting, AI bubble popping, and Fed rates rising while epic SpaceX IPO could fuel even more chaos...

Investors should buckle up for a bumpy ride as multiple risks have suddenly converged to test what looked like an unstoppable stock rally.In just the last few days, the Iran war started heating up again, the AI boom showed...

Iran fires missiles at Israel in first such bombardment since ceasefire as Trump says ‘I’m not happy about’ Israeli strikes on Lebanon | Fortune

Israel said Sunday that Iran launched missiles at it in the first such bombardment since a fragile ceasefire took effect in early April, complicating mediation efforts for a deal to end the war.Iran’s state broadcaster confirmed the launches. Tehran had...

Trump says Fed rate increase would be wrong ahead of Warsh debut | Fortune

President Donald Trump said the Federal Reserve would be wrong to raise interest rates as his nominee Kevin Warsh prepares to chair his first Fed policy meeting.Trump, in an interview with NBC’s Meet the Press, sought to push back against market sentiment...

U.S. floats steering frozen Iran assets to Gulf allies for repairs | Fortune

The Trump administration is seeking to steer Iranian assets toward helping US allies in the Persian Gulf rebuild from damage inflicted by Tehran, and to repair any future destruction. The effort, which was described by a senior administration official who...

America turns 250. Its greatest innovation was never a product — it was a system that let anyone build one | Fortune

For most of human history, progress required permission. To build something new, you needed approval from a monarch, a guild, or an authority. To rise, you needed to be allowed. Opportunity was not pursued. It was granted.Then came 1776....
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Deadly heat wave grips Europe as most French homes lack AC

A deadly heat wave is melting records across Western Europe, and it's predicted to get worse as brutal new...
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