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Big Retail's cautious forecasts are spooking Wall Street ... Economy
score: +1
score: -1
score: 2, Economy, 2023-02-22 14:06:20, published by CNN
Forecasts from Walmart and Home Depot made for a grim day of trading on Tuesday. The mega retailers' predictions of a weakening economy and a dip in consumer spending this year sent markets tumbling as Wall Street seemed to realize that the Federal Reserve's campaign to quell inflation coul... [additional details]