_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 income item 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: 2.6M times
✓ Published: 24-May-2024
👁 View: 2.6M 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
_nvidia-stock-split-plus-how-to-invest-in-the-ai-trade.webp "Nvidia (NVDA) announced a 10-for-1 stock split alongside its positive first-quarter earnings print. The chip-making giant continues its run reaching quadruple digits in stock price — up over 115% year-to-date — with little signs of slowing down.<br/>Freedom Capital Markets Chief Global Strategist Jay Woods joins Wealth! to give insight into Nvidia's performance, its planned stock split, and more.<br/>Woods puts Nvidia's performance into perspective:<br/>\")
_you-think-you-know-these-items-well-but-you39re-wrong.webp "We're diving into the secrets of everyday items, from ball pens to donuts! You might think you know everything there is to know about these common goodies, but trust me, there's more than meets the eye. Ever wondered how ball pens work their magic? Or what makes donuts so irresistible? Get ready to have your mind blown as we uncover the hidden secrets and surprising facts behind these everyday essentials. It's like peeking behind the curtain of the universe – who knows what we'll discover next? Animation is created by Bright Side.<br/>----------------------------------------------------------------------------------------<br/>Music from TheSoul Sound: https://thesoul-sound.com/<br/> <br/>Check our Bright Side podcast on Spotify and leave a positive review! https://open.spotify.com/show/0hUkPxD34jRLrMrJux4VxV<br/> <br/>Subscribe to Bright Side: https://goo.gl/rQTJZz<br/>----------------------------------------------------------------------------------------<br/>Our Social Media:<br/>Facebook: https://www.facebook.com/brightside<br/>Instagram: https://www.instagram.com/brightside.official<br/>TikTok: https://www.tiktok.com/@brightside.official?lang=en<br/> <br/>Stock materials (photos, footages and other):<br/>https://www.depositphotos.com<br/>https://www.shutterstock.com<br/>https://www.eastnews.ru<br/>----------------------------------------------------------------------------------------<br/> For more videos and articles visit:<br/>http://www.brightside.me<br/> ----------------------------------------------------------------------------------------<br/>This video is made for entertainment purposes. We do not make any warranties about the completeness, safety and reliability. Any action you take upon the information in this video is strictly at your own risk, and we will not be liable for any damages or losses. It is the viewer's responsibility to use judgement, care and precaution if you plan to replicate.")
_ep50hd-soul-land-2-the-peerless-tang-sect-ep-50-multi-sub-soul-land-2-juensi-tangmen.webp "During the collision of the Douluo Continent and Sun Moon Continent, the Tang Sect started to slowly decline in power. Since 10.000 years ago, the Tang Sect established a tradition of nurturing Blue Silver Grass soul masters, thanks to the fame of the founder Tang San. Many of them not being as successful as Tang San. The current sect master is Tang Ya with a Blue Silver Grass.<br/>One of the main reasons of the decline was due to the development of Soul Tools in the Sun Moon Empire, which made the hidden weapons that the Tang Sect produced to be ineffective against them in the war 4000 years ago, and the power of the hidden weapons was questioned. Because of the lack of income from then on the sect quickly declined.<br/>")
⏲ 15:24 👁 145K
_father39s-day-gift-guide-unique-artist-made-items-for-every-dad.webp "Father's Day is just around the corner, and we have the scoop on some unique handmade gifts for all the dads on your list. MakerPlace by Michaels , which is the go-to online marketplace for handmade goods and unique gifts specially crafted by U.S.-based makers and artisans. Hundreds of thousands of treasures are available on MakerPlace. From customizable gifts and bespoke crafts to one-of-a-kind keepsakes, you're sure to find something special for anyone who appreciates the craft and skill of handmade goods. MakerPlace is a part of Michaels and who knows better about handmade creations than them. And when you shop on MakerPlace, you're supporting independent handmade artists and sellers, who get to keep more of what they earn. First up, custom picnic blankets. Perfect for bringing the whole family together for a Father's Day picnic. Something dads will treasure for years. You can engrave dad's name or initials on the leather handle for a personal touch. The blanket fits 6 to 8 people and is water and sand proof, and perfect for his next outdoor adventure too. Get it for $69.99. Now if you've got a pickleball-loving dad, this one-of-a-kind personalized pickleball towel, just a fun, unique and useful gift for dad to show off his latest hobby, and a steal at $14.50. Up next for the dads that walk around with bulky old wallets, this is a handmade, genuine leather trifold wallet --- a total upgrade. You can engrave dad's initials, name, or a special phrase, just a beautiful timeless gift he'll proudly carry every day. This runs from $29-$39.50. For dads who are always working on DIY projects or making repairs, this is a custom engraved screwdriver. It comes in a Phillips head or flat head option, and is both beautiful and functional. It's perfect for your favorite handyman. Get it for $20-$29. If you have a grill dad in your life, then a personalized spatula is a great gift to have him feeling like king of the BBQ. This MakerPlace seller offers several fun sayings to choose from to add on your spatula. Get it for $23.95. Lastly, show dad you appreciate him for guiding you through life with a custom engraved compass. You can add a personalized note right inside to make it even more special. Get it for $59.99. To find all these great gifts and even more go to michaels.com/makerplace .")
_the-best-new-fast-food-menu-items-of-2024-so-far.webp "Like the name implies, the world of fast food moves quickly. There's always something new to bring customers to the drive-thru. While many new menu items fail, others become beloved, and we think these fall into the latter category.")
_san-fernando-home-invasion.webp "A San Fernando family was left shaken and traumatized after a home invasion on Thursday afternoon.<br/><br/>Gun-toting bandits stole a brand new CRV vehicle amongst other items from a woman, as she was entering her home after a day's work.<br/><br/>Reporter Cindy Raghubar-Teekersingh visited the family on Friday and tells us more.")
_colin-firth39s-mr-darcy-shirt-on-display-at-bankfield-museum-in-halifax.webp "Yorkshire Post photographer, Tony Johnson caught up with the exhibition curator Eli Dawson to get a first look at the iconic ‘wet shirt’ worn by Colin Firth in the BBC adaptation of Jane Austen’s Pride and Prejudice, which will be on public display in Halifax, West Yorkshire, from Saturday 25 May 2024.<br/>During Calderdale’s Year of Culture 2024 (CultureDale), fans of the famous lake scene will be able to get up close to the shirt and the rest of the outfit worn by Colin Firth as Mr Darcy. It will be on show for free at Bankfield Museum in Halifax until Tuesday 24 December 2024.<br/>The classic 1995 TV scene saw Mr Darcy dive into a lake and emerge with his shirt wet and clinging to him, only to be unexpectedly confronted by Elizabeth Bennet, who had rejected his marriage proposal. The scene has been voted by many as their favourite and most memorable TV moment of all time.<br/>Calderdale Council successfully bid for the shirt, and other costumes from significant moments in TV and film history, at a London auction by Cosprop in March 2024 which raised money for arts education charity, the Bright Foundation.<br/>The shirt is accompanied by other key items from Mr Darcy’s outfit, including the breeches, coat, waistcoat and cravat – all on display in Bankfield Museum’s accessible Oak Gallery on the ground floor.<br/>The other items bought at the auction are due to go on display in a new exhibition in 2025, based around costume in TV and film. They include the Gentleman Jack outfit worn by Suranne Jones, the yellow pelisse from the 2020 film adaptation of Jane Austen’s Emma, two outfits from Downton Abbey, and the King and Queen’s outfits from The King’s Speech. There will also be opportunities for learning and skills development linked to textiles and the making of the costumes.<br/>Bankfield Museum is free to visit, from Tuesday to Saturday, 10am - 4pm.")
_interesting-items-you-can-buy-at-dollar-stores.webp "You might be surprised by some of the items you can and should purchase for just a buck.")
_nvidia-stock-split-plus-how-to-invest-in-the-ai-trade.jpg)
_you-think-you-know-these-items-well-but-you39re-wrong.jpg)
_ep50hd-soul-land-2-the-peerless-tang-sect-ep-50-multi-sub-soul-land-2-juensi-tangmen.jpg)
_father39s-day-gift-guide-unique-artist-made-items-for-every-dad.jpg)
_the-best-new-fast-food-menu-items-of-2024-so-far.jpg)
_san-fernando-home-invasion.jpg)
_colin-firth39s-mr-darcy-shirt-on-display-at-bankfield-museum-in-halifax.jpg)
_interesting-items-you-can-buy-at-dollar-stores.jpg)
![[+]](/images/menu.gif){kind=small}