But Walmart’s moves are even more significant given its outsized power in the retailing landscape. Walmart says that 90% of American households rely on the retailer for a range of products, and more than 150 million customers shop on its website or in its stores every week. Analysts will dissect the earnings reports from other retailers including Target and Home Depot, set to be released next week.
A man paddles a neighbor through flooded streets following heavy rains in Campana, Argentina, Saturday, May 17, 2025. (AP Photo/Rodrigo Abd)A man paddles a neighbor through flooded streets following heavy rains in Campana, Argentina, Saturday, May 17, 2025. (AP Photo/Rodrigo Abd)
Residents wade through flooded streets following heavy rains in Campana, Argentina, Saturday, May 17, 2025. (AP Photo/Rodrigo Abd)Residents wade through flooded streets following heavy rains in Campana, Argentina, Saturday, May 17, 2025. (AP Photo/Rodrigo Abd)A man recovers a sheep drowned in flood waters after heavy rains in Campana, Argentina, Saturday, May 17, 2025. (AP Photo/Rodrigo Abd)
A man recovers a sheep drowned in flood waters after heavy rains in Campana, Argentina, Saturday, May 17, 2025. (AP Photo/Rodrigo Abd)A man recovers a sheep drowned in flood waters after heavy rains in Campana, Argentina, Saturday, May 17, 2025. (AP Photo/Rodrigo Abd)
A man recovers a sheep drowned in flood waters after heavy rains in Campana, Argentina, Saturday, May 17, 2025. (AP Photo/Rodrigo Abd)
Residents and rescue workers navigate through flooded streets following heavy rains in Campana, Argentina, Saturday, May 17, 2025. (AP Photo/Rodrigo Abd)“Take a deep breath,” Dimon said. “Negotiate some trade deals. That’s the best thing they can do.”
His statements resonated with Trump, who pulled back his tariffs later that day to a baseline 10% so that negotiations could occur for 90 days.Trump later recounted, “I watched Jamie Dimon on Maria Bartiromo’s show this morning, and he was very good.”
SCARBOROUGH, Maine (AP) — An unusual Maysoaked New England on Thursday and threatened to bring snow to higher elevations as the states prepared for the Memorial Day holiday weekend.