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Walmart cuts prices on barbecue essentials after Trump highlights retailer’s move (WMT)
InvestorsHub37d agobearish
Walmart cuts prices on barbecue essentials after Trump highlights retailer’s move (WMT)

Walmart lowers prices on key summer food itemsWalmart (NYSE:WMT) announced on Monday that it is reducing prices on a range of popular summer barbecue products, including beef, soft drinks and snack foods, after President Donald Trump said the retailer had agreed to lower prices at his administration’s request. In a post on Truth Social, Trump wrote: “Walmart, will be lowering prices, by a lot, at my Administration’s request to celebrate our great Country’s 250th birthday.

Trump claims credit as Walmart drops prices on barbecue staples
Reuters Videos37d agobearishVIDEO
Trump claims credit as Walmart drops prices on barbecue staples

<body><p>STORY: Walmart said Monday it would cut prices on many summer barbecue favorites, including meat, chips and soda.</p><p>The move comes after U.S. President Donald Trump said the retailer was acting at his administration's request.</p><p>In a Truth Social post, he said Walmart would be lowering prices significantly, "to celebrate our great Country's 250th birthday."</p><p>Trump said the firm would, “be dropping the price for a pound of ground beef by almost 15%.”</p><p>Walmart said in a statement that the price of one pound of 73% ground beef roll would drop to $5.94 from $6.74 in its stores, a decline of about 12%.</p><p>The retailer also said it lowered prices on items including Coca-Cola and PepsiCo sodas and chips.</p><p>Prices for steaks and hamburger meat soared after a persistent drought burned pasture lands and hiked costs of cattle feed, forcing U.S. ranchers to slash their herds.</p><p>Now the price cuts mark a notable shift from last year, when Walmart warned that tariffs would push some prices higher, a move Trump had rebuked.</p><p>The president had previously encouraged low-tariff imports of Argentine beef to cool U.S. prices, which angered American ranchers.</p><p>He had also directed the Department of Justice to investigate whether U.S. meatpackers were colluding to raise prices.</p><p>Walmart is widely viewed by economists and investors as a gauge of U.S. consumer health because of its size and broad customer base.</p></body>

PepsiCo (PEP) Launches RegenLend And Captain D's Seafood Promotion
Simply Wall St.37d agoneutral
PepsiCo (PEP) Launches RegenLend And Captain D's Seafood Promotion

PepsiCo (NasdaqGS:PEP) has launched RegenLend, a pilot program aimed at helping farmers adopt soil conservation practices by easing equipment cost burdens. The company developed RegenLend with support from agricultural and environmental partners, targeting more sustainable practices across its supply chain. Separately, PepsiCo is partnering with Captain D's on the Alaska Family Cruise Sweepstakes to promote responsibly sourced seafood and cross-brand engagement. For investors watching how...

Wall Street braces for Fed signals as earnings season gets underway
Proactive38d agoneutral
Wall Street braces for Fed signals as earnings season gets underway

Wall Street enters the week with investors focused on the start of the second quarter earnings season, the Federal Reserve's latest meeting minutes and a handful of economic releases that could offer fresh insight into the outlook for interest rates, economic growth and the artificial...

Fed Minutes, Employment Data: What to Watch This Week
The Wall Street Journal38d agoneutral
Fed Minutes, Employment Data: What to Watch This Week

Investors are looking ahead to Wednesday—when minutes from the Federal Reserve’s latest meeting will be released—in hopes they might provide clues as to where interest rates are headed. They’ll also be watching for Thursday’s weekly jobs numbers and any changes to the fragile truce in the Middle East.

Tech Rotation, FOMC and Other Key Things to Watch this Week
Barchart38d agoneutral
Tech Rotation, FOMC and Other Key Things to Watch this Week

Markets enter a week marked by continued structural shift away from AI and technology stocks toward healthcare and defensive sectors, reflecting persistent investor skepticism about technology valuations and artificial intelligence infrastructure spending sustainability.

A Dividend Portfolio That Out-Earns the Average California Family
24/7 Wall St.38d agoneutral
A Dividend Portfolio That Out-Earns the Average California Family

California’s median household income landed at $100,600 in 2024, according to Census data compiled by the St. Louis Fed. That is the number a portfolio has to replace to hand a Golden State family the same paycheck without anyone clocking in. The wrinkle: California’s 2024 regional price parity was 110.7, meaning prices were about 10.7% ... A Dividend Portfolio That Out-Earns the Average California Family

How To Turn A Portfolio Into $500 A Month Without Chasing Dangerous Yields
24/7 Wall St.39d agoneutral
How To Turn A Portfolio Into $500 A Month Without Chasing Dangerous Yields

Five hundred dollars a month is not enough to replace a paycheck, but it can cover a real bill: a used-car payment, a utility-heavy month, or a meaningful slice of grocery spending. This article builds around a $6,000 annual income stream produced entirely by a portfolio, with no planned withdrawals from principal. The capital required ... How To Turn A Portfolio Into $500 A Month Without Chasing Dangerous Yields