Walmart remains cautious about the financial health of its shoppers, but executives at the retail giant do not see a full-blown downturn on the horizon. In an interview with CNBC, Walmart Chief Financial Officer John David Rainey said that the company decided not to raise expectations for the second half…
United Airlines CEO Scott Kirby says he is optimistic about Boeing’s recovery after meeting with the manufacturer’s new chief executive. It’s an upbeat change of tune from the head of United, a top Boeing customer that has been among the most publicly frustrated about the plane maker’s problems, which have led to delayed deliveries of dozens of…
Toomaj Salehi, the Iranian dissident rapper who escaped the death penalty earlier this summer has been cleared entirely of the original charges by a lower court in Isfahan, central Iran. Salehi became a key voice of anti-government dissent in Iran during the 2022 ‘Woman, Life Freedom’ protests, with lyrics that galvanized protesters and…
Conflict between elephants and humans is a growing, and potentially deadly, problem in some parts of India. Now, the state of Assam, a northeastern region famous for its rolling tea plantations, has launched a mobile app that alerts villagers of approaching herds in an effort to reduce the risk of…
As Kyiv’s forces advance farther into Russia following their surprise incursion last week, Ukrainians living near the border are watching with mixed feelings: a sense of justice combined with fear of what could come next. “We entered their territory not because we wanted to, but because they came to our home…
People in Kiribati went to the polls on Wednesday for the first round of voting in a national election expected to serve as a referendum on rising living costs and the government’s stronger ties with China. A second round of voting is scheduled on Aug. 19 for all parliamentary seats…
A US citizen has been sentenced to 15 days in a Russian prison on charges of “petty hooliganism” for attacking a police officer, according to Moscow court officials. The American man, identified as Joseph Tater, was on Wednesday given an “administrative penalty in the form of administrative arrest for a…
Japanese railways and airlines are canceling services as Typhoon Ampil gathers strength in the western Pacific, with the storm expected to hit on Friday during the peak summer travel season. As of early Thursday local time, Typhoon Ampil was recording sustained winds of 140 kph (85 mph), according to the…
In this video from StockCharts TV, Julius assesses various rotations using Relative Rotation Graphs, starting at asset class level and then moving to sectors. Julius zooms in on the industries of two sectors to get an idea of where pockets of out-performance may exist in the current market. He then…
In this edition of StockCharts TV‘s The Final Bar, Dave shows how breadth conditions have evolved so far in August, highlights the renewed strength in the financial sector with a focus on insurance stocks, and describes how the action so far in Q3 could be forming a potential head-and-shoulders pattern for semiconductors!…