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People shop at a Walmart in Rosemead, California, on April 11, 2025. Frederic J. Brown | Afp | Getty ImagesWalmart will report its quarterly earnings before the bell on Thursday, as investors and economists gauge the strength of the U.S. consumer and the impact of higher tariffs on the retail industry.Here’s what Wall Street is expecting for the fiscal first quarter, according to a survey of analysts by LSEG:Earnings per share: 58 centsRevenue: $165.88 billionWalmart has advantages that could help it weather an uncertain economy. As the nation’s largest grocer, it sells food and necessities that drive steadier store and website…

Alexis Ohanian, Principal Owner, Angel City Football Club & Los Angeles Golf Club, looks on during a conversation with Olympic sprinter Gabby Thomas during the Business of Women Sport Summit presented by Deep Blue Sports and Axios at Chelsea Factory on April 23, 2024 in New York City. Elsa | Getty ImagesReddit co-founder Alexis Ohanian has purchased a minority stake in Chelsea FC Women, giving him an ownership stake in two of the most-valuable teams in women’s sports.The founder of venture capital firm Seven Seven Six and husband of tennis legend Serena Williams paid 20 million pounds for a 10% stake…

The American Institute of CPAs is worried about a provision in the tax reconciliation bill that would limit the deductibility of state and local taxes paid by partnerships such as accounting firms. The legislation, which was approved early Tuesday morning by Republicans on the House Ways and Means Committee after an overnight markup, eases some of the existing disparities from the Tax Cuts and Jobs Act on claiming the Section 199A Qualified Business Income deduction, known as the “specified service trade or business” limitation. It applies to accounting firms, as well as law firms, consultancies and other types of businesses that…

Some Republicans speak out against proposed Medicaid cuts – CBS News Watch CBS News House Republican lawmakers are making progress in advancing President Trump’s nearly $4 billion budget package. The bill includes cuts to Medicaid that have drawn criticism from members of the president’s party. CBS News congressional reporter Taurean Small has more. Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now Turn On Source link