_target-issues-warning-on-near-term-growth-amid-rising-inflation-and-maxed-out-credit-cards.jpg "Target Issues Warning on Near-Term Growth Amid Rising Inflation and Maxed Out Credit Cards from moner issue Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:37
👁 View: 2.7M times
✓ Published: 24-May-2024
👁 View: 2.7M times
✓ Published: 24-May-2024
Description:
Target warned of a weak near-term growth outlook as more Americans max out credit cards due to high inflation impacting household budgets. Target projected second-quarter sales to be flat to up 2% year-over-year, below analysts' estimates. One in three Americans has maxed out or is nearing the credit limit on at least one credit card. Discretionary spending will remain pressured in the short term as consumers spend cautiously, especially on non-essential items. Walmart also signaled consumers are spending more on essentials and stretching their budgets as inflation persists.
Target warned of a weak near-term growth outlook as more Americans max out credit cards due to high inflation impacting household budgets. Target projected second-quarter sales to be flat to up 2% year-over-year, below analysts' estimates. One in three Americans has maxed out or is nearing the credit limit on at least one credit card. Discretionary spending will remain pressured in the short term as consumers spend cautiously, especially on non-essential items. Walmart also signaled consumers are spending more on essentials and stretching their budgets as inflation persists.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_moner-ghorete-ahammed-rafi-nayantara-records-2023.webp "�Ahammed Rafi : 01814304565 (Artist)nnSong : Moner Ghorete Rekhechi JarenArtist : Ahammed RafinLyrics & Tune : Shayer Belal Hossen QadrinSound Design : Jahidul Hsan SunnynVideo Edit : Shaban Mahmud SayemnRecord Label : NayanTara RecordsnProduction : NayanTara Recordsnnn✅প্রিয় ভিউয়ার্স। উন্নত মানের সুন্দর নাশিদ তৈরিতে ডোনেশন ও স্পন্সর একটা গুরুত্বপূ")
_money-is-not-your-problem-124-dr-myles-munroe.webp "Munroe Global")
_ford-gives-up-as-tesla-forges-ahead-guy-gets-busted.webp "Solving The Money Problem")
_uk39s-ai-safety-institute-expands-to-the-us-set-to-open-us-counterpart-in-san-francisco.webp "The UK announced it will open a US counterpart to its AI Safety Summit institute in San Francisco this summer to test advanced AI systems and ensure their safety. The expansion aims to recruit a research director and technical staff headed in San Francisco and increase cooperation with the US on AI safety issues. The original UK AI Safety Institute currently has a team of 30 people and is chaired by tech entrepreneur Ian Hogarth. Since being founded last year, the Institute has tested several AI models on challenges but they still struggle with more advanced tests and producing harmful outputs.")
⏲ 0:39 👁 7.3M
_abraham-hicks2024-let39s-finally-solve-that-money-issue-foreverthe-law-of-attraction.webp "Your co-creator")
⏲ 6 minutes 9 seconds 👁 745
_heatwave-alert-in-india-imd-states-red-alert-50.webp "The India Meteorological Department (IMD) issued a warning on severe heatwave across several states in North India, including Rajasthan, Punjab, Haryana, Delhi, and Uttar Pradesh. The warning comes after maximum temperatures soared beyond 45 degrees Celsius in these regions.Watch video to know more <br/> <br/> <br/>#heatwave2024 #imdalert #summer2024 <br/>~PR.126~ED.140~")
⏲ 3:2 👁 2.7M
_mommy-issues-124-mrunal-shankar-124-mtv-hustle-03-represent.webp "KaanPhod Music")
_7-simple-steps-to-become-debt-free-124-money-series-124-venu-kalyan-business-amp-life-coach.webp "Venu Kalyan Daily Motivation")
⏲ 24 minutes 33 seconds 👁 478.2K
_moner-ghorete-ahammed-rafi-nayantara-records-2023.jpg)
_money-is-not-your-problem-124-dr-myles-munroe.jpg)
_ford-gives-up-as-tesla-forges-ahead-guy-gets-busted.jpg)
_uk39s-ai-safety-institute-expands-to-the-us-set-to-open-us-counterpart-in-san-francisco.jpg)
_abraham-hicks2024-let39s-finally-solve-that-money-issue-foreverthe-law-of-attraction.jpg)
_heatwave-alert-in-india-imd-states-red-alert-50.jpg)
_mommy-issues-124-mrunal-shankar-124-mtv-hustle-03-represent.jpg)
_7-simple-steps-to-become-debt-free-124-money-series-124-venu-kalyan-business-amp-life-coach.jpg)
![[+]](/images/menu.gif){kind=small}