{
  "id": 4179900,
  "title": "Walmart, Goldman Sachs, JD Power issue red alert over US consumers — and your nest egg takes the biggest hit",
  "url": "https://urgent.news/2026/08/28/walmart-goldman-sachs-jd-power-issue-red-alert-over-us-consumers-and",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-28T10:45:00.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/economy/articles/walmart-goldman-sachs-jd-power-104500597.html"
  },
  "original_language": "en",
  "account": "Three major companies - Walmart, Goldman Sachs, and JD Power - have issued warning signs about the state of US consumers, which is affecting their wealth. Walmart, with over 150 million weekly visitors, has noticed stress, particularly among lower-income customers, due to higher fuel prices. Customers are filling up their gas tanks with fewer than 10 gallons per visit on average. Goldman Sachs predicts consumer spending growth will slow to 1% to 1.5% in the second half of 2026, down from 2.5% in June, mainly due to fading tax refunds and high energy prices. JD Power's Financial Health Report revealed that 66% of US consumers were financially unhealthy in July, with 77% altering their spending due to rising costs. Financial distress measures include cutting back on groceries, borrowing from friends, selling belongings, missing rent, and even rationing medication. Groceries are the biggest source of stress, followed by housing and energy costs, which have surged by 34%, 33%, and 43%, respectively, since 2020. Despite cooling headline inflation, the cost-of-living crisis persists, emphasizing the need for investors to protect their wealth, with gold and real estate being proven inflation hedges.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}