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customers have mostly shrugged off the higher menu prices and the revenue has gone up. what s going on there? both of those companies, walmart and mcdonald s are facing higher costs as is practically every company right now. the difference however is mcdonald s has been able to pass on some of the higher costs. walmart can t do that as much because their whole brand is centered around being a low-cost retailer. it s having to eat some of the costs and that s why it s warning about profit. but jake, one thing i should flag, we talked about this recently in terms of the retail sales data. wall mmart warning they re speng more of essentials like food and fuel and that s leaving less discretionary income. the reason that matters to a retailer like walmart is their profits are higher on categories like apparel. their profits are lower on essential categories like food and fuel. that s why we re seeing the profit warning. it s yet another data point, yet another sort of war ....
Let s bring in cnn s kristin fi fisher. this isn t the first time russia has said it would leave the iss. how significant is this? in the past the threats to pull out of the international space station often came from the twitter account of the newly-oefted head of russia s space agency, rose cosmos. not the most official announcement. today very different, made on the kremlin s official website by the man given the job a few days ago by putin himself. today s announcement carries much more weight. with that said, nasa says it still hasn t been formally notified about this decision, something required of all the partners at the international space station. it remains to be seen if this time russia is serious. regardless, today s announcement certainly caught the nasa ....
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