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The Latest Breaking News from Home Depot

The billionaire cofounder of Home Depot compares the Fed to ‘the gang that can’t shoot straight’ and says the coming crash is ‘not going to be pretty’

“My problem with the Fed, overall, is there’s too many academics in the mix,” Ken Langone said Wednesday.

Fortune

Home Depot Entices a New Generation of Builders

Home Depot introduces a new partner to the home improvement sector.

The Street

Big stores see how we spend. Here are 4 things they say about the economy

Retailers have dropped a flurry of financial reports. They paint a messy and conflicting picture about our consumer economy.

WEKU

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Kroger to spend $770 million more on employee pay and benefits this year amid ‘labor hoarding’ trend

A tight labor market has bosses doing something they don’t like to do: spend more on wages and benefits.

Fortune

Shipping is causing a carbon nightmare

Eighteen U.S. companies’ cargo ships are causing an "onslaught of pollution,” report finds.

Salon

Stocks Nudge Higher, Novavax, HP, Lowe's, Salesforce in Focus - Five Things To Know

Stocks nudge higher on strong China data after February slump; Novavax plunges as vaccine maker casts doubt on company's future; HP shares get boost from solid profit outlook, cost-cutting; Lowe's earnings on deck after muted Home Depot spending outlook and Salesforce earnings to highlight extent of activist pressure on CEO…

The Street

Target issues tepid outlook after a 43% profit drop in 4Q

Target has reported a 43% drop in profits and a slight uptick in sales for the holiday quarter

The Independent UK

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Stock Market Sells Off As Hot Inflation Revives Fed Fears; Nvidia, Walmart, Home Depot Earnings In Focus: Weekly Review

The market rally is under increasing pressure as inflation revives and Fed fears mount. Nvidia spiked on earnings, but Walmart and Home Depot guided low.

Investors Business Daily

Jim Harbaugh helped Ann Arbor police remove a tree in the road during Michigan’s intense ice storm

This good Samaritan turned out to be a pretty well-known person in the Ann Arbor community.

USA Today Sports Media Group

The Home Depot says it is spending $1 billion to raise its starting wage to $15

The first changes were reflected in employees' Feb. 17 paycheck, the company announced Tuesday. Ohers will see the changes on their Feb. 24 paychecks.

WEKU

Dow Jones Futures Rise: S&P 500 Nears Key Support As Nvidia Earnings Loom; Here's What To Do Now

The Nasdaq and S&P 500 have tumbled to just above critical support as Treasury yields spike. Nvidia earnings are on tap.

Investors Business Daily

Home Depot gives $1 billion in raises to front-line workers

Home Depot saw sales decelerate at the end of last year and has projected little growth for this year, officials said Tuesday.

Tribune News Service

If You Own Stock in This Top 5 Retailer, They Have News That Will Make You Money

One of the largest retailers in the U.S. just announced a massive payout.

The Street

Here’s Where Home Depot Stock Has Support Amid Earnings Selloff

Home Depot stock is under pressure following disappointing earnings. Here's where it may have support.

The Street

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The Street

Home Depot Makes a Major Change That Will Cost Billions

The DIY retailer is already shaking things up in 2023.

AFP

Walmart, Home Depot cautious on 2023 as inflation bites

New York (AFP) - Walmart reported better profits than expected for the critical holiday-season quarter Tuesday, but offered a cautious outlook on the year ahead as inflation squeezes consumers.

Investors Business Daily

Home Depot Sinks Stock Market; S&P 500 Breaks Support; Meme Stock DraftKings Probes Buy Signal

The U.S., Russia and China unnerved stock market investors, ratcheting up tensions over Ukraine and Taiwan.

The Street

What Walmart and Home Depot Earnings Tell Investors About the Consumer

Walmart and Home Depot kick off a busy week of earnings as investors continue to battle with higher interest rates and what they mean for the markets. Watch TheStreet Today live at 10:30 a.m. Eastern.

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news in one place.

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Investors Business Daily

Dow Jones Dives 500 Points After Economic Data; Home Depot, Walmart Tumble On Earnings

The Dow Jones Industrial Average lost more than 500 points Tuesday morning, as retail giants Home Depot and Walmart tumbled on earnings results.

Investors Business Daily

Home Depot Earnings Mixed; HD Stock Dives As Higher Wage Costs Hit Outlook

Home Depot earnings rose and beat estimates. But revenue missed and guidance was muted.

The Street

Home Depot Stock Tumbles After Q4 Sales Miss, Muted Profit Outlook

Home Depot said 2023 sales will likely be flat to last year's levels, clouding the impact of a better-than-expected fourth quarter profit.

The Independent UK

Home Depot says it will raise pay for US, Canadian workers

Home Depot says it’s investing $1 billion in wage increases for its U.S. and Canadian hourly workers

Bloomberg

If Consumers Are Saviors, Upcoming Retail Earnings Will Show It

From Home Depot Inc. to Walmart Inc., the biggest US retailers are about to grab the earnings spotlight, providing investors crucial insight into consumer demand, the trajectory of economic growth and Corporate America’s profitability.

Investors Business Daily

Getting Fired Was The Best Thing To Happen To This Billionaire

Bernie Marcus didn't know it at the time, but getting fired as CEO of the Handy Dan home improvement chain was the best thing.

The Independent UK

Ana Walshe vanished on New Years. Now her fraudster husband is facing a murder charge. What happened?

A week after Massachusetts mother Ana Walshe vanished, her husband Brian was arrested for hindering the police investigation. Investigators discovered weapons and blood, and a troubling internet search history, and he has been charged with murder. Graeme Massie reports

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