Economist Peter Schiff is once again calling out President Donald Trump’s logic on trade and tariffs, arguing that the economic logic behind this stance does not hold up. What Happened: On Saturday, Schiff posted on X in response to

Home Depot’s chief financial officer Richard McPhail said Tuesday that the company would not raise prices amid President Trump’s tariff agenda. “Because of our scale, the great partnerships

David Bellinger, Mizuho senior analyst, joins CNBC's 'Money Movers' to discuss the potential impact of tariffs on Walmart.

Treasury Secretary Scott Bessent on Sunday said he spoke with Walmart CEO Doug McMillon, who said the company with absorb "some of the tariffs."

The veteran CFO also gave a brief lesson on Walmart’s method of accounting for the cost of inventory for the majority of its U.S. business. Known as the retail inventory method, or RIM, this practice makes these swings more difficult to forecast.