|
Walmart's CFO, John David Rainey, said higher tax returns helped offset the effect of elevated gas prices in the first quarter.
|
RELATED ARTICLES | | |
|
S&P 500 falls as oil pops, Nvidia declines after earnings: Live updates CNBCStock market today: S&P 500, Nasdaq fall as oil prices rise on Iran peace talk doubts Yahoo FinanceUS Stocks Steady as Traders Await Hormuz Progress: Markets Wrap Bloomberg.comUS stocks slip after oil prices rise and Nvidia's latest profit report gets a yawn AP News
|
|
Now that the U.S. government must refund most tariffs, Walmart says it might put its refund money toward lowering store prices. Executives say the cost of gas has shoppers increasingly under stress.
|
RELATED ARTICLES | | |
|
Oil futures were extending their declines on Wednesday after President Donald Trump suggested that a deal with Iran was close, raising hopes for a resolution to the months-long stalemate in the Middle East.
|
|
