Walmart CEO Predicts Rising Grocery Prices Despite Massive Pay Gap

FOX's Charles Gasparino reported that Wall Street executives received advance notice of an imminent India-US trade deal from Trump White House insiders. Notable market activity occurred just before the news leaked: - Large $SPY call options purchased near market close - Options expired in one day - Contract values doubled (4.26 to 8.52) - Traders secured millions in profits This pattern aligns with recent observations of Wall Street potentially trading on insider information about trade deals.

Multiple financial institutions are reporting a significant shift in the global financial landscape. Deutsche Bank initially flagged concerns about the US dollar's safe-haven status in March 2025, citing adjustments to the new geopolitical order. FORTUNE has now corroborated this trend in their April 2025 analysis. Key points: - Traditional safe-haven status of USD showing signs of decline - Shift appears linked to changing global geopolitical dynamics - Multiple major financial institutions confirming the trend This development could signal a broader transformation in international financial markets and currency dynamics.

US existing home sales in March 2025 dropped to levels not seen since the 2008 Great Financial Crisis. This follows January's already concerning figures of 4.7 million units, which Wells Fargo noted were just marginally above Great Recession levels. Key housing indicators: - March housing starts: ⬇️ 11.4% (MoM) to 1.324M - Building permits: ⬆️ 1.6% (MoM) to 1.482M The continued weakness in the housing market suggests persistent challenges in the real estate sector, despite some positive movement in building permits.

Sam Altman announces ChatGPT now reaches 10% of the world's population, marking a significant milestone in AI adoption. This news comes months after Google revealed that AI generates 25% of their codebase. The rapid expansion of AI tools demonstrates accelerating mainstream acceptance and integration into both consumer and enterprise applications. - ChatGPT: ~800 million monthly users - Google: 25% AI-generated code - Timeline: 6-month progression from Google's announcement These developments signal a transformative shift in how AI is reshaping global technology usage patterns.

China's Commerce Ministry officially stated there have been no economic and trade negotiations with the United States. This follows China's recent warning to other nations about making trade deals with the US that could harm Beijing's interests. - Ministry explicitly denies any ongoing trade discussions - Statement comes after threats of countermeasures against US-friendly trade deals - Tensions continue to escalate in US-China trade relations The situation highlights growing economic friction between the world's two largest economies.