Expo News Today — August 17, 2026
Former Starbucks CEO Howard Schultz sells home in Hawaii for $36 million after moving to Florida and more — today's expo signal.
American consumers are set to take center stage with major retailers Walmart and Target reporting their latest earnings, offering insight into the state of household spending and the overall economy. The reports come as some high-profile individuals make significant changes to their personal lives. Former Starbucks CEO Howard Schultz has sold his Hawaiian home for $36 million, following his recent relocation to Florida.
The health of the U.S. consumer will be closely watched as economic concerns persist. Even the U.S. military is not immune to these issues, as the top commander on the USS Lincoln acknowledged mental health struggles on board. Against this backdrop, investors will be scrutinizing Walmart and Target's earnings reports for signs of resilience or weakness in consumer spending habits, which can have far-reaching implications for the broader market.
Today's signal:
• Former Starbucks CEO Howard Schultz sells home in Hawaii for $36 million after moving to Florida (marketwatch.com)
• Top U.S. commander acknowledges mental health issues on USS Lincoln (cnbc.com)
• Walmart and Target are about to reveal the health of the U.S. consumer (marketwatch.com)