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The job market cools with fewer quits, while the US trade deficit shrinks, potentially boosting Q2 GDP. However, regional data shows modest income growth amid rising credit worries, painting a mixed economic picture.

Walmart CEO McMillon sells $1.85 million in WMT stock

Investing.comMonday, July 28, 2025 at 10:52:46 PM
NeutralFinancial Marketscorporate leadership
Walmart CEO McMillon sells $1.85 million in WMT stock
Walmart CEO Doug McMillon just sold $1.85 million worth of company stock, according to regulatory filings. While insider sales can sometimes raise eyebrows, there’s no immediate indication this signals trouble—CEOs often sell shares for personal financial planning. Still, investors might watch for any patterns or follow-up moves.
Editor’s Note: Insider stock sales always get attention because they could hint at a leader’s confidence (or lack thereof) in their company. But in reality, execs sell shares for all sorts of mundane reasons—taxes, diversification, buying a house. The key here is whether this is a one-off or part of a trend. For now, it’s just a routine disclosure, but it’s worth keeping an eye on.
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‘Not dire, not amazing, more meh’: Job market cools as quits plummet in stagnant labor picture
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The job market is stuck in a lukewarm phase—not terrible, but far from impressive. Job growth has slowed to 130,000 positions per month this year, a noticeable drop from 168,000 in 2023 and the booming 400,000 monthly average during the post-pandemic rebound. Fewer workers are quitting, signaling less confidence in finding better opportunities. Basically, things aren’t collapsing, but they’re not exactly thriving either.
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