Big Box Penny-Pinching & America’s Teacher Shortage 8/16/22

: Walmart reported better than expected earnings this quarter, but its profits are still under pressure. CNBC’s Courtney Reagan and Refinitiv’s Jharonne Martis examine the report and what it reveals about inflation and today’s consumers. The U.S. education system is short hundreds of thousands of teachers and support staff, according to estimates. President of Purdue University Mitch Daniels discusses why, after teaching through a global pandemic, many educators have left the profession, and fewer are signing up. Easing gas prices at the pump might be offset by high home energy prices this winter; in the EU, some are paying up to 500% more to heat their homes. Plus, Apple is bringing its employees back to the office, and Wall Street Billionaires like Warren Buffett, David Tepper, and Dan Loeb are making big portfolio swaps.

In this episode:

Jharonne Martis, @JharonneMartis

Mitch Daniels, @purduemitch

Courtney Reagan, @CourtReagan

Becky Quick @BeckyQuick

Brian Sullivan, @SullyCNBC

Katie Kramer: @Kramer_Katie

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