Sunday, August 16, 2026 SourcesAbout🌓
🇺🇸 US ▾
BREAKING
Dominion still has pending lawsuits against election deniers such as Rudy Giuliani and Sidney Powell Russia is 'going backwards' in equipment and deploying post WWII-era tanks, according to Western officials Podcast: One country musician is calling for other artists to oppose assault rifles Bidets save you money and reduce waste — we tested the best options out there 50+ products to make your life easier and our planet cleaner Mother's Day is around the corner. Here are 50+ thoughtful gifts she'll love A head-to-toe guide of how men should dress this spring, and where they should shop 42 of the most useful travel products you can buy on Amazon The 7 best high-yield savings accounts of April 2023 Taxes are due tomorrow. Here's how to file for an extension Dominion still has pending lawsuits against election deniers such as Rudy Giuliani and Sidney Powell Russia is 'going backwards' in equipment and deploying post WWII-era tanks, according to Western officials Podcast: One country musician is calling for other artists to oppose assault rifles Bidets save you money and reduce waste — we tested the best options out there 50+ products to make your life easier and our planet cleaner Mother's Day is around the corner. Here are 50+ thoughtful gifts she'll love A head-to-toe guide of how men should dress this spring, and where they should shop 42 of the most useful travel products you can buy on Amazon The 7 best high-yield savings accounts of April 2023 Taxes are due tomorrow. Here's how to file for an extension
Business

Earnings from Walmart and other top retailers will give investors more clues on the housing market and how consumers are grappling with inflation

Fortune ·
Earnings from Walmart and other top retailers will give investors more clues on the housing market and how consumers are grappling with inflation

Wall Street will get financial updates from some of the nation’s biggest retailers this week, along with more details from the Federal Reserve’s most recent meeting.

Home Depot reports its latest results on Tuesday, followed by Target and Lowes on Wednesday, and then Walmart on Thursday.

The results will help give investors a more detailed picture of how businesses and consumers are handling stubbornly high inflation.

The rate of inflation remains solidly above 3% .

The ongoing U.S. war with Iran prompted a surge in oil prices, which jolted gasoline prices.

Higher prices on everything from gasoline to groceries and any goods that are shipped could prompt people to shift or cut spending.

Results from Home Depot and Lowes could provide more insight into the housing market and whether people are spending more or less on home improvements.

Results and forecasts from retail giants Target and Walmart could provide more insight into how households are budgeting and spending.

Wall Street and economists will get more details about the Fed’s interest rate policy when the central bank releases minutes from the July meeting on Wednesday.

The Fed once again held its interest rate steady in July amid worries about stubborn inflation, the jobs market and the direction of the economy.

But three officials dissented in favor of higher rates during the meeting.

Fed Chair Kevin Warsh described the policy discussion to reporters as a “good family fight.” Wall Street expects at least one rate hike before the end of 2026.

This story was originally featured on Fortune.com

Read the full article on Fortune ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on fortune.com — the content belongs to Fortune.

More from Fortune

See all ›

More in Business

See all ›