US Top News and Analysis | Ross, TJX, and Walmart reveal how the real engine of the U.S. economy is doing AI generated summary, Read the full article for complete information. The article explains that the strong performance of off‑price retailers such as Ross Stores and TJX signals growing consumer frugality, even as shoppers across income levels are still spending. Ross Stores posted same‑store sales up 17 % and beat earnings expectations, while TJX reported 6 % comparable growth driven by higher basket size and more transactions. Walmart, however, warned that fuel purchases at its stations fell below ten gallons for the first time since 2022, reflecting pressure from high gasoline prices, though it maintains overall business strength. A recent consumer‑sentiment survey hit a record low, underscoring strain on lower‑income households, while premium brands like Deckers (Hoka, Ugg) still see healthy demand. The piece notes that upcoming earnings from other retailers—including Burlington, Capri Holdings, Abercrombie & Fitch, American Eagle, Gap, Kohl’s, and Costco—could reveal how different income cohorts are reacting to high fuel costs and broader economic conditions, which may influence the Federal Reserve’s interest‑rate decisions. Read more: https://www.cnbc.com/2026/05/22/ross-tjx-and-walmart-reveal-how-the-real-engine-of-the-us-economy-is-doing.html #Ross #TJX #Walmart #FederalReserve #KevinWarsh