Skip to Content

Money

Walmart raised its annual sales and profit growth

What supply chain crisis? America’s largest retailer is doing just fine

By Nathaniel Meyersohn, CNN Business The supply chain crisis isn’t slowing down Walmart. America’s largest retailer and a bellwether of consumer spending reported strong sales growth during its most recent quarter. The company also raised its annual sales and profit growth, a signal that it’s expecting a strong holiday shopping stretch. Walmart on Tuesday said

Continue Reading
This photo taken on April 1

Bitcoin falls as China takes aim once again at ‘extremely harmful’ crypto mining

By Laura He, CNN Business Chinese authorities are ramping up a crackdown on crypto mining, calling it an “extremely harmful” practice that threatens to jeopardize the country’s efforts to reduce carbon emissions. The National Development and Reform Commission spokesperson Meng Wei blasted bitcoin mining during a press conference Tuesday in Beijing. She said that activity

Continue Reading