The Dow's top stock of 2021 is off to a rough start this year
CNN
Home Depot was the Dow's best-performing stock in 2021, soaring more than 55% thanks to strong demand from consumers in what was a red hot housing market. But shares are off to a bumpy start this year.
Shares of Home Depot have fallen 23% because of fears about eventual rate hikes from the Federal Reserve hurting the housing market and consumer spending. Mortgage rates have already started to climb.
Concerns of a housing slowdown may be overblown, however: Home Depot (HD) reported fourth quarter earnings and revenue Tuesday that topped Wall Street's forecasts, with profit surging 17% and sales at stores open at least a year climbing a healthy 8.1%.
Authorities in Colombia are dealing with increasingly sophisticated criminals, who use advanced tech to produce and conceal the drugs they hope to export around the world. But police and the military are fighting back, using AI to flag suspicious passengers, cargo and mail - alongside more conventional air and sea patrols. CNN’s Isa Soares gets an inside look at Bogotá’s war on drugs.
Young Americans are “a generation under profound strain” with little confidence in institutions and widespread economic concerns, according to a Harvard Institute of Politics survey of adults younger than 30 released Thursday.
As lawmakers demand answers over reports that the US military carried out a follow-up strike that killed survivors during an attacked on an alleged drug boat in the Caribbean, a career Navy SEAL who has spent most of his 30 years of military experience in special operations will be responsible for providing them.
The murder trial of Brian Walshe, who is accused of killing and dismembering his wife in 2023 continues. Follow for live updates.
The FBI arrested a person Thursday who investigators believe planted pipe bombs near the Republican and Democratic National Committee headquarters the night before the 2021 US Capitol riot.
Lawyers for the New York attorney general’s office are expected to appear in federal court in Albany on Thursday to try to disqualify a US attorney from investigating the state’s civil case against President Donald Trump.
A new poll shows more than 70% of Republicans with Obamacare coverage don’t want their enhanced premium subsidies to expire.
A safety volunteer accused of fatally shooting a man taking part in a “No Kings” protest last June in Salt Lake City while firing at another man he believed to be a potential mass shooter has been charged with manslaughter, prosecutors announced Wednesday.
The specter of the Trump administration’s immigration crackdown looms over the Somali diaspora in the Twin Cities – home to the nation’s largest Somali population.
Honduras’ former President Juan Orlando Hernández thanked US President Donald Trump for pardoning his US drug trafficking conviction amid criticism from lawmakers that the pardon undermines the White House’s efforts to stop drug trafficking.
President Donald Trump’s name has been installed on the building and signage around the US Institute of Peace (USIP) – an independent agency that the administration gutted earlier this year.
President Donald Trump issued a “full and unconditional pardon” for Oak View Group co-founder Tim Leiweke, who was indicted by the president’s own Justice Department earlier this year, according to a document released online.
President Donald Trump said Wednesday that his administration would “certainly” release video of a follow-up strike on an alleged drug vessel in the Caribbean after the initial attack did not kill everyone on board.