Home Depot snaps its epic losing streak
CNN
Home Depot is growing again.
Home Depot is growing again. America’s largest home improvement retailer said Tuesday that sales at stores open for at least a year grew 0.8% last quarter, snapping eight straight quarters of sales declines. Home Depot also sounded an upbeat forecast for 2025, saying sales at stores open at least a year would grow by 1%. Home Depot’s stock (HD) rose around 4% during early trading Tuesday. It’s an encouraging sign for consumer spending on their homes and big-ticket purchases. Home Depot is bellwether of the US housing market and the economy. “The fact that US comparable sales are back in the black after declining for eight quarters or two years is a very clear win for Home Depot,” said Neil Saunders, an analyst at GlobalData Retail. Home Depot’s business is closely tied to the housing market, and high interest rates have put a brake on housing turnover and consumers financing larger projects.
United Food and Commercial Union Local 7, the union representing the 3,800 striking workers, said that JBS failed to meet its demands during contract negotiations over higher wages, life-saving safety equipment and improved healthcare.
Every day brings a new complaint — or three — from the Trump administration about the American news media’s coverage of the Iran war.
Traffic through the strait, normally the conduit for a fifth of global oil output, has been severely curtailed since the start of the Iran conflict. But Iran itself is shipping oil through the waterway in almost the same volumes as before the war, earning the cash needed to sustain its economy and war effort.
How Anthropic may benefit from its fight with Trump
The price of oil rose to its highest level since July 2022 Sunday evening as the Trump administration suggested the war with Iran could last several more weeks and President Donald Trump called on the international community for help reopening the Strait of Hormuz to oil tankers.
When Melanie Galeaz posted a fan edit of “Heated Rivalry,” she didn’t know it would lead to her dream job.
The worst global oil crisis in decades could become a major problem for the Federal Reserve, whose policymakers meet this week to determine the next moves for the US economy.
President Donald Trump’s attack dog atop the FCC, Brendan Carr, garnered lots of attention on Saturday for threatening the licenses of local broadcasters over news coverage he deemed to be “fake.”
The first of the month can create anxiety for millions of renters across America.
US economic growth was even weaker than previously reported at the end of last year heading into President Donald Trump’s war with Iran.
Part of the pitch for using AI at work goes like this: It’s like having a team of people to delegate your grunt work to, freeing you up to think strategically and maybe, just maybe, take a long lunch or head home early. Or maybe even be more productive, to make more money. It’s a nice idea!
The war with Iran is complex, but the reason why the Middle East conflict matters to your financial well-being comes down to three simple facts.
The efforts to mitigate an global oil shortage did little to dampen the rise in crude prices