From Yahoo Finance: 2025-06-08 08:30:00

Walmart’s CFO John David Rainey warns of price increases due to Trump tariffs, with potential double-digit jumps on certain items. Despite recent data showing tame inflation rates, a new report by Morgan Stanley analyst Alex Straton reveals major retailers raising prices significantly, signaling potential impact on consumer spending and market growth. Customers are already noticing price hikes at Walmart and other retailers. HP CEO Enrique Lores explains how tariffs are affecting the industry, forecasting slower growth due to economic uncertainty. Investors are advised to stay vigilant as inflation begins to show signs of affecting portfolios this summer. Yahoo Finance’s annual fall Invest conference promises engaging discussions on critical market issues, featuring renowned experts and investor education sessions. Register now to secure your spot before tickets run out. Executive Editor Brian Sozzi encourages readers to stay updated on the latest financial news and events. 1. The US economy added 943,000 jobs in July, exceeding expectations and marking the largest gain in nearly a year. The unemployment rate dropped to 5.4%, down from 5.9% in June.

2. The Tokyo Olympics came to a close with the United States winning the most medals, including 39 gold, 41 silver, and 33 bronze. China and Japan followed closely behind in the medal count.

3. The CDC announced new guidelines recommending that fully vaccinated individuals wear masks indoors in areas with high COVID-19 transmission rates. This change comes as the Delta variant continues to spread across the US.

4. The Taliban captured key cities in Afghanistan, including the provincial capital of Kunduz, as US troops withdrew from the country. The Afghan government is struggling to regain control amid escalating violence.

5. SpaceX successfully launched the first-ever all-civilian mission to space, Inspiration4. The crew, led by billionaire Jared Isaacman, orbited the Earth for three days, raising over $200 million for St. Jude Children’s Research Hospital.



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