This Changes Things hosts Baker Machado and Hope King give a recap of the day's biggest earnings reports. Walmart dips in the e-commerce division as it fights to compete with Amazon. Plus, Home Depot thanks the booming housing market for its uptick in sales this past quarter.
Walmart says sales rose steadily over the holiday season, but online sales growth actually slowed last quarter. Its e-commerce sales in the U.S. grew 23% in the quarter, which is down from 50% in the third quarter of 2017. Walmart cited operational snags as the reason for the dip in their e-commerce business.
Plus. the housing market helps Home Depot hit a home run. The number one U.S. home improvement chain said sales at stores that have been open more than a year rose 7.5% last quarter.
As the DOJ potentially prepares to file criminal charges against Boeing, an industry expert breaks down what went wrong – and how it could make things right.
The Fed chair seems pleased with how far inflation has fallen, but according to this analyst, we could be waiting until 2025 to hit that crucial 2% goal.
While the Fed has made it clear that it won’t consider cutting rates until at least September, one analyst is expecting a whopping seven cuts in a row.
The NASDAQ’s Executive Vice President of Corporate Platforms breaks down why you’ll probably see a lot of companies going public in September and December.
