Wal-Mart Cuts Health Benefits for Most Part-Timers

The video discusses a revised economic growth forecast of 3.8%, down from 4%, and warns of a potential market correction due to frothy financial markets. It highlights Samsung's 60% profit drop last quarter, attributed to competition from Apple and Chinese manufacturers. Additionally, Walmart is cutting healthcare benefits for part-time workers in the US, affecting 30,000 employees, citing rising costs as the reason.

What is the revised economic growth forecast mentioned in the video?

• 4.2%

• 3.5%

• 3.8%

• 4.0%

What is the reason given for the potential market correction?

• Rising unemployment

• Decreasing consumer spending

• Frothy financial markets

• High inflation rates

By what percentage did Samsung's earnings fall in the last quarter?

• 50%

• 60%

• 40%

• 70%

Which companies are squeezing Samsung's profit margins?

• Nokia and LG

• Apple and Chinese rivals

• Sony and Huawei

• Google and Xiaomi

How many Walmart employees are affected by the healthcare benefits cut?

• 20,000

• 35,000

• 30,000

• 25,000