Even the ultra-wealthy are having to shop in Walmart right now, CEO John Furner says

“We do continue to see the higher-income customers coming to Walmart,” Furner told reporters during the…

Oil bosses warn prices will soar within weeks as inventories near ‘really, really low levels’

The two biggest U.S. oil companies joined the growing chorus of voices sounding the alarm on…

The Fed’s worst inflation fears may be coming true as consumers lose faith in long-term prices

On the same day that Kevin Warsh was sworn in as the new Federal Reserve chairman,…

Walmart CFO says shoppers skimping at the pump is ‘an indication of stress’ as the Iran war drags on

Walmart shoppers are feeling the crunch of higher prices at the pump, and it could be…

Oil markets eye nightmare scenario with West bracing for tank bottoms and Iran delaying tank tops

The West and Iran are staring down two diametrically opposed oil market emergencies that could materialize…