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The retailer reported positive results in its latest earnings report.
Workers at the bottom 90% had stronger wage growth than the top 1% in the years since the pandemic, according to the Economic Policy Institute.
Roughly 30% more companies made predictions that were rosier than analysts expected, according to a Bank of America analysis.
National Bureau of Economic Research data backs view that early childhood education brings many benefits. Yet most 4-year-olds don’t attend.
“I’m not embarrassed to say I bought something from Walmart anymore,” says one such shopper.
Rock bottom interest rates and reduced corporate taxes have helped buoy stock market gains in the past decade.
Average pay raises last year slightly outpaced inflation but the price rises of previous years are still hurting some.
Optimism is growing that earnings could top expectations and provide a boost to the stock markets.
The company posts a revenue dip and says the pay levels in the new labor agreement with the Teamsters are higher than it had planned.
So far this earnings season, most S&P 500 companies that have reported, beat revenue expectations.