Retail Results Mixed, Impact of Change in Overtime Rule, Scrutiny of Company Credit Cards

Two major discount retailers in the U.S. have reported earnings that are polar opposite of one another, with Walmart showing hitting new highs and Target showing its worst miss on earnings predictions in two years. What will this mean for holiday season and beyond? Gene Marks talks about this, as well as the impact of the overtime rule reverting back to 2019 and how businesses are clamping down on credit card expenditures by employees. Listen to the podcast for more details.

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