Investors are looking for more signs that inflation and lingering effects from the Covid-19 pandemic are wearing on American consumers.

This week, Macy’s Inc., Dollar General Corp., Costco Wholesale Corp. and other retailers are slated to release quarterly reports showing sales without the lift from government stimulus that helped consumer spending last year. In addition, rising costs for fuel, freight and labor as well as changing purchasing habits are expected to weigh on profits.

This post first appeared on wsj.com

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Native Americans deserve shows like ‘Rutherford Falls.’ So does everyone else.

Hollywood has been brutal to Indigenous peoples since essentially the invention of…

Global Tax Deal Holdouts Face Squeeze Under Biden Plan

WASHINGTON—Some countries might try to stay outside the emerging agreement to impose…

Djokovic’s dad stays away from Australian Open semifinal after posing with Russian flag

Novak Djokovic’s father decided to stay away from the 21-time Grand Slam champion’s…

Strawberries by post and Covid shots: A very different Wimbledon gets underway

LONDON — Right on cue, the British weather welcomed the first day…