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The Latest Breaking News from Ted Decker

Trump's Tariffs, Stubborn Interest Rates Add To 'Economic Uncertainty' For Home Depot's Big-Ticket Sales

Home Depot Inc. (NYSE:HD) expressed during its second-quarter earnings call that it is navigating a complex economic landscape where new President Donald Trump‘s tariffs and stubbornly high interest rates are fueling customer hesitation on large-scale projects.

Dow Retreats From a Record High: Stock Market Today

Dow Retreats From a Record High: Stock Market Today

Quietly rising since April, Home Depot stock was conspicuously constructive Tuesday as high-profile tech names dragged equity indexes down.

Newly-minted grads only make up just 5% of the workforce but they’re playing an ‘oversized’ role driving up unemployment

Newly-minted grads only make up just 5% of the workforce but they’re playing an ‘oversized’ role driving up unemployment

Landing a job is only getting more difficult for graduates, potentially strengthening arguments from the likes of Jamie Dimon about focusing on job-ready skills as opposed to college degrees.

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Home Depot claims it won’t raise its prices in response to Trump’s tariffs

‘It’s a great opportunity for us to take share, and it’s a great opportunity for our suppliers to take share as well,’ executive vice president says

The Independent UK

Home Depot exec says Americans may soon embrace sky-high mortgage rates as 'the new normal' and invest in housing anyway

Historic mortgage rates show today’s rates are more "normal" than they were just a few decades ago.

A DIY drought is shaking the foundation of the home improvement industry

Lowe’s and Home Depot both lowered sales growth predictions as fewer shoppers commit to renovation projects.

Home Depot projects weakened sales, spelling shaky economic conditions

High interest rates and inflation push home improvement projects back

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Nonprofits making progress in tackling homelessness among veterans, but challenges remain

Nonprofits making progress in tackling homelessness among veterans, but challenges remain

Government agencies and nonprofits around the country have long been working to reduce the numbers of homeless veterans

The Independent UK

How Home Depot's CEO is navigating the remodeling decline as consumers delay big repairs

How Home Depot's CEO is navigating the remodeling decline as consumers delay big repairs

Home Depot's CEO is prioritizing its digital operations and finding new consumers as Americans pull back on home improvement projects.

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

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

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

The Independent UK

Housing Starts Plunged, But Home Depot Turned In A Record Quarter: How The Home Improvement Retailer Is Defying Housing Market Trends

Housing Starts Plunged, But Home Depot Turned In A Record Quarter: How The Home Improvement Retailer Is Defying Housing Market Trends

New home construction in the U.S. fell last month to the lowest levels not seen since the beginning of 2021, but Home Depot Inc (NYSE: HD) shares are surging Tuesday on the back of record numbers.

Home Depot revenues up in strong start to year

Home Depot had sales of $38.9 billion during the first quarter of its fiscal year, powering through inflation with a continued surge of demand from consumers who want to buff up their homes, the company reported Tuesday.

Tribune News Service

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