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inflation report that s in all three major indexes to record closes on wednesday. riding high. what are the good vibes making their way to main street? in a way, yes many people are exposed to the stock market through their retirement funds, so stock market gains like the ones we ve been seeing this week beget real money for real people. but consumers aren t feeling so rosy a survey out last week show there are significantly more worried about the economic outlook than they were even last month. those feelings are a boon for some retailers, like walmart, which reported quarterly earnings that beat estimates. shoppers have been flocking to the discount retailer as inflation has been taking a bite out of budgets. now much of what mark s gains are coming from high income shoppers who are making up a greater portion of the company s business. they are still spending on big ticket items like electronics but low income shoppers are feeling more of the strain, especia ....
deadly tornadoes devastating america s heartland over the weekend. tragedy striking families across the south with reports of 19 dead in multiple states from texas to kentucky. welcome to fox news live this memorial day. i m rich edson. julie: i m julie banderas. one town north of dallas picking up the pieces after damage there. the twisters hit saturday night flattening the valley view community. governor abbott assessed the storm yesterday. we know at least seven have lost their lives. another at least about 100 people have been injured. this has been a harrowing week with lives lost, property reduced to rubble. the hopes and dreams of texas families, small businesses have literally been crushed by storm after storm. showers and thunderstorms spreading east today less than 48 hours after hitting valley view. julie: it s where we find max gordon reporting live for us this morning. hey, max. behind me is a shell station where dozens of people took shelter. e ....
it also tops the stock market value of france, those are some of the world s largest economies. deutsche bank research crunch to the data. nvidia has enjoyed a meteoric rise, adding a full $1 trillion in market cap injust about a month this spring. the firm has been capitalising on the fever around artificial intelligence. the chips made by the company are used to power the ai applications that are in use and in development now and companies are betting they ll be instrumental in the future. shares of nvidia are up around 170% this year. in other news now chinese car companies are called on the government to hit european union rivals with import taxes of up to 25% if the trading bloc imposes tariffs on vehicles from china. that is the country s state media according to the state millionaire. there. that amount was reportedly made a closed door meeting made at the chinese industry of commerce which was attended by representatives of european car firms. the measures w ....
live now to professor tim benton, research director, environment and society centre. thank you very much forjoining us today, tim. lots of things of course influence the price we end up paying for ourfood, things like transport, wages and supermarkets. are the increases that we are seeing in the costs of food commodities being passed on to consumers in foal, orare being passed on to consumers in foal, or are they being absorbed, at least in some parts, in the supply chain? to a parts, in the supply chain? trr a certain extent, both. if you think back to our current period of inflation, where we ve had, post ukraine, post pandemic, a global cost of living crisis. sorry, i m getting a lot of feedback, i m getting a lot of feedback, i can t hear myself. thank you. global cost of living crisis, some of that is being driven by environmental effects, some of it being driven by politics, but as climate change increasingly bites, we are going to get a lot more pressure on every ....
are struggling to treat patients with heatstroke. 110 people have died due to the extreme heat. our correspondent is in dally with details. is in dally with details. there were certainly is in dally with details. there were certainly 40 is in dally with details. there were certainly 40 degrees i is in dally with details. there were certainly 40 degrees a | is in dally with details. there i were certainly 40 degrees a few were certainly a0 degrees a few hours ago and according to the temperature of the air, it seems that it is gone down to 37 celsius but it feels warmer and that s because ofjust how hard the road and the concrete is and it s just emanates that heat. and gives an indication of how hard it is for the temperature to call down even in the evenings here, in the evenings, we the last two evenings, we the last two evenings, it has been record breaking damages in terms of how want it was an evening so there s no respite from it. in evening so there s no res ....