Home Depot and Walmart kick off first-quarter retail earnings next week.
But stubbornly high prices are squeezing consumers with lower incomes, pressuring everyday purchases and corporate profits.The state of the consumer in 2024 is already taking shape — even before the country's major retailers begin to report first-quarter earnings, starting with
Royal Caribbean's Icon of the Seas, the world's largest cruise ship, docked at the Port of Miami on Jan. 11, 2024.saying there are "no issues at all on fan demand relative to last summer" and that "global fan demand is stronger than ever.
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