Retail Therapy Won't Fix the Economy The retail sector is about to take center stage, offering a glimpse into the economic psyche of America.
This week, big box stores like Walmart and Home Depot will report their quarterly earnings, alongside Target and Lowe's. These updates are crucial for investors trying to gauge consumer spending habits.
Inflation has been a persistent concern for the Federal Reserve (Fed) since it began hovering above 3%. The ongoing tensions with Iran have triggered a surge in gas prices, adding to households' financial burdens.