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- Walmart cuts price of holiday meal deal to $3.50 per person
Walmart announced Wednesday it is rolling out a $35 holiday meal basket, which the retail giant says can feed 10 people as families look to keep grocery costs in check while inflation continues to weigh on Americans' wallets.The Bentonville, Arkansas-based retailer said that its 2026 Holiday Meal Basket includes 26 items and works out to about $3.50 per person.Walmart said this year's basket includes 18% more food items while costing 12% less than the same products did last year.The $3.50-per-person price is the lowest since Walmart launched the program in 2022, down from $4 per person last year, according to Reuters. The lower price comes as retailers focus on deals to attract budget-conscious shoppers and as consumers continue to contend with higher inflation heading into the Thanksgiving season.Rivals Target and Aldi each announced their own Thanksgiving offerings this month. Target said its meal feeds six and costs $30 while Aldi said its version feeds 10 people for under $39.WALMART TO OFFER FREE GLP-1 DRUGS, MORE THAN 250 MEDICATIONS AS IT EXPANDS EMPLOYEE HEALTH BENEFITSFood prices are up 2.5% compared with last year, according to the Bureau of Labor Statistics' September consumer price index. The food at home index decreased 0.1% on a monthly basis and is up 1.8% from a year ago. The food away from home index rose 0.2% for the month and is up 3.5% from last year.Walmart's basket includes a Butterball turkey, stuffing, cranberry sauce, mashed potatoes, gravy, green bean casserole and dinner rolls, along with sweet potato and corn casserole ingredients.Pumpkin pie with whipped topping is included for dessert.WALMART EXPANDS DRONE DELIVERY TO 2 MAJOR US CITIESThe turkey is priced at 97 cents per pound, which is unchanged from last year.WALMART DOUBLES DOWN ON PLEDGE AGAINST AI-POWERED PERSONALIZED PRICINGThe holiday meal basket is available through Dec. 24.Walmart-owned Sam’s Club is also expanding its holiday meal offerings this year.CLICK HERE TO GET FOX BUSINESS ON THE GOEarlier this month, the membership club announced its largest Thanksgiving meal offering to date, with a spread designed to feed 16 people for less than $10 per person.Reuters contributed to this report. [TheTopNews] Read More.12 mins ago - Starbucks is about to report earnings. Here’s what to expect
Starbucks stock has climbed about 24% this year, raising its market cap to roughly $119 billion. [TheTopNews] Read More.21 mins ago - Suspected Chinese intelligence asset gained access to Nvidia CEO Jensen Huang: r...U.S. officials concluded that a former executive at a Singapore-based cloud computing company who was suspected of collecting intelligence for the Chinese government gained access to Nvidia CEO Jensen Huang, according to a report by The New York Times.The former executive, Alice Huang or Huang Le, worked in a leadership role at a company called Megaspeed that bought chips from Nvidia. Megaspeed uses the chips to build data centers and then rents out the computing power, and the report noted the firm has faced scrutiny from U.S. agencies.The Times reported that she was under surveillance from U.S. officials tasked with preventing China from evading export controls that restrict transfers of high-end AI chips, when they learned that the suspected Chinese intelligence asset had met with the Nvidia CEO multiple times.That discovery reportedly alarmed U.S. officials because of the sensitive information she could glean from the lead of the world's largest chipmaker, as the Nvidia CEO had also developed a relationship with President Donald Trump through discussions about AI tech and export controls.NVIDIA CEO DRAWS LINE ON AI SAFETY AFTER ALARMING INCIDENTS: 'IF IT’S NOT READY, JUST HOLD IT BACK'The Times reported that Trump was briefed on the situation about a year ago but took no action, as U.S. officials at the time didn't believe that the Nvidia CEO knew she was gathering intelligence for China, though it's unclear whether intelligence officials have revised that assessment.Huang was reportedly never warned by U.S. officials about Alice Huang's alleged intelligence-gathering for China, though some senior Trump administration officials now doubt he could have remained unaware of her activities on some level. NVIDIA CEO JENSEN HUANG RIPS 'THE BAND-AID OFF' AS AI CHIP GIANT RESETS EXPECTATIONSThe Chinese government rejected the allegations as "groundless smears and slanders," while Nvidia said that the chief executive's meetings with Alice Huang were "not unusual or unexpected.""Meetings with customers are part of a CEO's job; Jensen talks with thousands of customer executives every year," an Nvidia spokesperson said in a statement to Fox News Digital. "We're confident that if the U.S. government believes that any person is a threat to American industry, it would let us know."The spokesperson added that "Megaspeed has been no different than many other regional cloud customers."NVIDIA TO BUY AI PLATFORM HUGGING FACE FOR NEARLY $13BThe White House did not immediately respond to Fox News Digital's request for comment.In January, the Trump administration eased restrictions on Nvidia AI chip exports to China,… [TheTopNews] Read More.2 hours ago
- Cruise companies aim to keep fuel costs down. Their strategies for doing so diff...Carnival is cutting fuel use, while Royal Caribbean and Norwegian rely on "hedging" to keep fuel costs down amid conflict in the Middle East. [TheTopNews] Read More.2 hours ago
- Watch: Hundreds queue for city’s new Lego store
Fans queued for hours ahead of the opening of a new Lego Store in Norwich. [TheTopNews] Read More.3 hours ago - Norwegian shares surge 13% on earnings beat, guidance raiseNorwegian said the company's bookings had "improved modestly" but remain below its optimal range. [TheTopNews] Read More.3 hours ago
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