Morning Business Report: Walmart rolls out Apple Pay as new study links dollar store access to health risks

A new UC Riverside study found greater access to dollar stores was associated with higher rates of obesity, high blood pressure, high cholesterol and Type 2 diabetes.
Morning Business Report: Walmart Rolls Out Apple Pay As New Study Links Dollar Store Access To Health Risks

(LILAMAX)- A new UC Riverside study found greater access to dollar stores was associated with higher rates of obesity, high blood pressure, high cholesterol and Type 2 diabetes.

Researchers found access to traditional grocery stores was associated with better health outcomes. The findings held across the United States even after researchers accounted for factors including income and unemployment.

The study examined about 34,000 locations operated by Dollar General, Dollar Tree, 99 Cents Only Stores and Family Dollar.

Meanwhile, Walmart announced it will begin accepting Apple Pay, Google Pay and other tap-to-pay methods at its U.S. stores after holding out for more than a decade.

Starting this week, Walmart and Sam’s Club will begin rolling out contactless payment options at select locations. Customers will be able to pay using contactless cards, smartphones and smartwatches. The option will not immediately be available at every location.

On Wall Street, falling chip stocks dragged the S&P 500 and Nasdaq lower. Treasury Secretary Scott Bessent also unveiled sweeping new sanctions targeting Iran and countries that continue doing business with Tehran.

A new survey is shedding light on millennials’ financial priorities. Three in five millennials said the financial image they have of themselves does not reflect their actual financial situation.

The Talker Research survey conducted for Chime found many millennials are making financial trade-offs in favor of flexibility, with spending on experiences instead of traditional savings and assets ranking as the top trade-off.

And Disney-Pixar’s “Cars” is heading back to theaters 20 years after its original release.

The animated movie starring Owen Wilson and Paul Newman will return in honor of Lightning McQueen Day on Sept. 5 — or 9/5 — a reference to the race car’s signature No. 95.

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