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Photo: David Paul Morris/Bloomberg via Getty Images

Here's what earnings results out from some of the nation's biggest retailers today tell us about America's great reopening:

One mega pandemic-era winner plans to keep winning.

  • Walmart says it'll rake in more in profits this year than initially estimated, thanks to strong sales it's seeing in the current quarter.
  • Macy's — which struggled throughout the pandemic — posted a surprise profit. It also boosted its expectations for full-year profit.

People want "reopening" stuff.

  • Walmart told CNBC it's seen an uptick in "teeth whitener" sales (for when people "take off their masks").
  • Luggage sales saw the biggest year-on-year improvement at Macy's. Sales of "special occasion" items (like dresses) are roaring back.

The housing/renovation boom born out of the pandemic is helping Home Depot — but the company was mum on how much longer that'll last.

  • "[T]here's a degree of uncertainty on how the consumer is going to respond this year," CFO Richard McPhail said during an analyst call.

Go deeper

Dozens missing after deadly Miami-area condo collapse

A massive search-and-rescue operation is underway after a portion of a 12-story condo building in Surfside, Florida, collapsed at approximately 1:30 a.m. Thursday, according to AP.

The latest: As many as 99 people are reported missing, Miami-Dade County's police director said, per the Miami Herald.

Biden strikes infrastructure deal with bipartisan group of senators

President Biden announced Thursday that he had agreed to a roughly $1 trillion infrastructure plan with a bipartisan group of ten senators, declaring: "We have a deal."

Why it matters: The agreement on the size and scope of an infrastructure package is a major achievement for Biden, who has long been a proponent of bipartisanship, but the compromise still faces serious hurdles in the House and Senate.

Pacific Northwest soon to be ground zero for record-shattering heat

Computer model projection showing the unusually strong heat dome over the Pacific Northwest on Sunday. (PivotalWeather).

A heat wave is bringing unprecedented high temperatures to the Pacific Northwest — a region of the country typically cooled by the ocean, rather than central air conditioning. The heat will begin Friday and last into early next week.

Why it matters: The heat wave will shatter monthly and all-time temperature records in the Pacific Northwest. Some of the records could break the old milestones by several degrees.