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The Latest Breaking News on Business

Home Depot profit falls, but it tops expectations in the face of growing economic uncertainty

Home Depot's results beat Wall Street's expectations in the fiscal first quarter on a strong showing from professional customers while homeowners started stocking up on some of their spring supplies

AAP

Home Depot's first quarter is driven by homeowner spring buying and professionals

Home Depot's results beat Wall Street's expectations in the fiscal first quarter on a strong showing from professional customers while homeowners started stocking up on some of their spring supplies

AAP

US Stock Market: Treasury yields surge to multi-year highs amid sticky inflation concerns

U.S. Treasury yields surged to multi-year highs as persistent inflation and interest rate uncertainty continue to pressure the bond market. Analysts suggest the selloff may persist, with investors demanding higher yields due to entrenched inflationary fears and a shift in foreign buyer dynamics.

The Economic Times

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Trump discloses thousands of stock trades, some in companies directly influenced by his policies

President Donald Trump has broken tradition by actively trading stocks. His portfolio saw over 3,600 buy and sell orders in the first quarter. Many trades involved companies directly affected by his presidential decisions. This extensive trading activity contrasts sharply with previous presidents who divested or used blind trusts.

The Economic Times

Dollar at six-week high on rate-hike bets, Iran war uncertainty

The US dollar remains strong near a six-week peak, driven by inflation fears and the potential for higher interest rates due to the Iran war. This surge is pushing the Japanese yen towards intervention levels. Global bond markets are experiencing a sell-off, with US Treasury yields hitting multi-year highs.

The Economic Times

Crude Oil Prices Slip on Diplomatic Hopes to End Iran War

June WTI crude oil (CLM26 ) on Tuesday closed down -0.89 (-0.82%), and June RBOB gasoline (RBM26 ) closed down -0.0645 (-1.72%). Crude oil and gasoline prices retreated on Tuesday after the dollar index ($DXY ) jumped to a 6-week high. Crude prices also moved lower after President Trump late...

Barchart

Microsoft finally ends using SMS codes for account sign-in — with passkeys officially taking over

Microsoft believes that the future of authentication is passwordless, secure, and user-friendly.

TechRadar

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Eastern Economic Corridor condo prices decline again in Q1

Condo prices in the Eastern Economic Corridor (EEC) declined in the first quarter, marking a second consecutive quarterly decrease as developers accelerated stock clearance campaigns amid sluggish purchasing power and elevated unsold inventory.

Bangkok Post

Could you claim up to $25,000 from this $1.2 million Farmers Insurance settlement? Here's who can receive settlement money

New Mexico drivers may be eligible for up to $25,000 from a $1.2 million Farmers Insurance settlement. The lawsuit concerns underinsured motorist coverage and premium refunds. Customers who purchased specific coverage between 2010 and 2022 can file a claim by May 26 to receive potential payouts.

The Economic Times

GoPro just avoided an $8.2 million fee as judge rules on a decade-long patent infringement fight

GoPro’s ability to stream to mobile apps didn’t infringe on existing patents, a judge has ruled in a case that has spanned more than a decade

Digital Camera World

Grok down, and when will AI chatbot be back up? Grok outage DownDetector data, Grok app and website not working error message, affected regions, users and services

Grok down, and when will AI chatbot be back up? Thousands of users reported Grok down issues in the United States on Tuesday evening. Reports on DownDetector showed a rise in complaints from 6 p.m. EDT. Users faced access issues on the app and website. Many users saw the Grok…

The Economic Times

Chick-fil-A franchise operator faces federal lawsuit over claims it refused to accommodate employee’s religious beliefs

An Austin-based restaurant refused an employee’s request not to work on Saturdays in observance of the Sabbath and fired her instead, the lawsuit claims

The Independent UK

Is Wall Street Bullish or Bearish on Northrop Grumman Stock?

Despite Northrop Grumman's underperformance relative to the broader market over the past year, Wall Street analysts maintain a moderately optimistic outlook about the stock’s prospects.

Barchart

Dell Teams Up with Nvidia to Scale AI Agents. DELL Stock May Already Be Overvalued.

Dell partners with Nvidia to expand its AI factory surrounding agentic AI.

Barchart

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Fortune

Pizza Hut franchisee claims $100 million losses from 'cascading operational breakdowns' in AI adoption gone wrong

The problem wasn't AI hallucination, though—it was how gig workers responded to the new tool they'd been given.

Barchart

Masco Corporation Stock: Is Wall Street Bullish or Bearish?

Masco Corporation has considerably lagged the broader market over the past 52 weeks, yet Wall Street analysts maintain a moderately optimistic outlook about the stock’s prospects.

The Economic Times

Starbucks layoffs 2026 continue: What is driving the third round of job cuts under Brian Niccol, how many workers will be impacted and what employees need to know about severance?

Starbucks layoffs 2026: Starbucks is cutting 300 US corporate jobs and closing regional support offices. This move is part of a broader turnaround strategy aimed at profitable growth. The company expects 400 million dollars in restructuring charges. These job cuts do not affect coffeehouse employees. This is the third round…

Barchart

Are Wall Street Analysts Predicting Brown-Forman Stock Will Climb or Sink?

Brown-Forman has underperformed the broader market over the past year, and analysts are skeptical about the stock's prospects.

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Barchart

Do Wall Street Analysts Like Xylem Stock?

Xylem has notably lagged the broader market over the past 52 weeks, yet Wall Street analysts maintain a moderately optimistic outlook about the stock’s prospects.

TechRadar

7-Eleven confirms cyberattack, says 'personal information' may have been hit

A new filing with the Maine AG confirms what was known for weeks now - that ShinyHunters broke in to 7-Eleven and stole data.

Barchart

What Are Wall Street Analysts' Target Price for Textron Stock?

Textron has underperformed the broader market over the past year, and analysts remain moderately optimistic about the stock’s prospects.

Fortune

Buy now, pay later is the new financial lifeline for lower-income Americans, as consumer loans pile up to $19 trillion

A look at who uses installment plans for shopping—and why—says a lot about the risks of buy now, pay later.

Barchart

Omnicom Stock Outlook: Is Wall Street Bullish or Bearish?

While Omnicom has considerably underperformed the broader market over the past 52 weeks, Wall Street analysts maintain a moderately optimistic outlook about the stock’s prospects.

Barchart

TKO Group Stock: Analyst Estimates & Ratings

TKO Group has underperformed the broader market over the past year, but analysts are cautiously optimistic about the stock’s prospects.

TechRadar

Email marketing ROI: How modern platforms turn campaigns into revenue

Discover how segmentation, automation, and A/B testing in modern email marketing platforms help businesses convert campaigns into consistently higher revenue.

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