Thursday, May 15, 2025, 12:21 pm
Walmart executives warned that consumers might soon face steeper prices due to persistent tariff pressures. The CFO’s remarks underline an impending, unavoidable rise in costs at checkout—a development sure to leave bargain hunters with a bittersweet taste as global trade headwinds continue to blow.
"Maybe the children will have two dolls instead of 30 dolls," Trump said.
You might want to prepare for things to pay more at Walmart. The company’s CFO, John David Rainey, told CNBC that the Trump administration’s tariffs are “still too high” and that consumers could see higher prices “likely towards the tail end of this month, and then certainly much more in June.”…
Check out CNET's tariff impact tracker is keeping tabs on price moves for several popular products as Walmart becomes one of the biggest retailers to warn of price hikes.
Walmart Warns of Price Hikes The Information
permalink / 4 stories from sources in 29 hours ago #tariffs #walmart #pricing #economy
In a flurry of AI fanfare, OpenAI has rolled out Codex, an autonomous coding assistant that’s poised to revolutionize software development. Multiple reports confirm the same story: ChatGPT is getting an AI sidekick that can handle everything from bug fixes to feature implementation—coding just got a lot sassier. More...
OpenAI has rolled out a new coding agent aimed at automating software engineering tasks, challenging competitors like Google Anthropic. The tool promises to streamline coding workflows and accelerate development while sparking industry chatter about how far AI can go in taking over the mundane tasks of programming. More...
xAI has published its internal chatbot Grok system prompts after an unauthorized modification caused the AI to spout controversial white-genocide conspiracy claims. The debacle has sparked widespread online debates about system integrity and control measures amid rapid innovation in AI technologies. More...
Anthropic has issued an apology after its Claude AI chatbot inadvertently fabricated a source used in a legal filing, sparking controversy amid a copyright lawsuit. The error, described as an “honest citation mistake,” has prompted critics to question the oversight behind AI-assisted legal documentation. More...
EU regulators are now calling for feedback on Microsoft’s proposal to unbundle its Teams app from the Office suite, a move aimed at easing antitrust concerns. With this bid, Microsoft attempts to balance regulatory demands with its seamless product ecosystem—because who wouldn’t want a little separation anxiety in software? More...
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