Shoppers are pulling back at Home Depot
Consumers are taking on smaller home improvement projects as higher interest rates and inflation take their toll.
2023-05-16 19:55
Stock market today: US futures point lower after shaky start to big retail week, sluggish China data
Wall Street is pointing lower after data showed China’s economy is weaker than expected, while Home Depot cut its profit and sales outlook for the year, signaling a pullback in spending by Americans strapped by inflation and anxious about a possible recession
2023-05-16 19:54
Home Depot, after years of explosive growth, cuts its outlook as Americans cool spending on homes
The Home Depot’s robust growth during the coronavirus pandemic is starting to slow as anticipated, with the retailer’s fiscal first-quarter revenue missing Wall Street’s estimates and a key sales figure declining
2023-05-16 19:50
UK PM Sunak's spokesperson: Brexit has not failed
LONDON Britain's departure from the European Union has not been a failure, Prime Minister Rishi Sunak's spokesperson said
2023-05-16 19:49
Oil Demand to Rise More Than Expected on China, IEA Says
Global oil demand will climb more strongly than previously estimated this year as a post-pandemic rebound in China
2023-05-16 19:47
Buying Teck's coal unit as a standalone a 'distant second' for Glencore - CEO
LONDON Buying Teck Resources' coal business as a standalone unit is a "distant second" for Glencore and Teck
2023-05-16 19:28
Vodafone axing 11,000 jobs as UK wireless carrier aims to cut costs, boost growth
Wireless carrier Vodafone says it’s laying off 11,000 workers as part of a major revamp aimed at cutting costs and boosting flagging financial performance
2023-05-16 19:25
Thales, Gol ink deal to move maintenance services to Brazil
By Gabriel Araujo SAO PAULO France's Thales SA will provide maintenance services for Brazilian airline Gol in Brazil
2023-05-16 19:22
EU states approve world's first comprehensive crypto rules
By Huw Jones European Union states on Tuesday gave the final nod to the world's first comprehensive set
2023-05-16 19:21
German economic growth to remain muted in near term - IMF
BERLIN The German economy has shown resilience over the last year thanks to a strong policy response and
2023-05-16 19:20
Canadian Prime Minister Trudeau arrives in South Korea to discuss trade, North Korean challenge
Canadian Prime Minister Justin Trudeau has arrived in South Korea for a meeting with South Korean President Yoon Suk Yeol at which they are expected to discuss expansion of trade and challenges posed by North Korea
2023-05-16 19:18
Capital One shares up after billionaire investor Buffett's near $1 billion bet on bank
Shares of Capital One Financial Corp rose in premarket trading on Tuesday after billionaire investor Warren Buffett's holding
2023-05-16 18:56