The home improvement retailer said customers are taking on smaller projects and skipping big-ticket purchases, such as patio sets and grills.
Kategorie-Archiv: CNBC Financial News
Vodafone shares drop 7% after record 11,000 jobs cut as CEO says telco ‚must change‘
Vodafone said it would cut 11,000 jobs over three years, out of a total headcount of just over 100,000.
Paul Tudor Jones says the Fed is done raising rates, stocks to finish the year higher from here
Paul Tudor Jones believes the Fed has finished raising interest rates in its fight against inflation, and the stock market could grind higher this year.
Stocks making the biggest premarket moves: Shake Shack, Charles Schwab, H&R Block, DuPont and more
These are the stocks posting the largest moves in the premarket.
Fed’s Bostic casts doubt on rate cuts this year even if there’s a recession
Atlanta Federal Reserve President Raphael Bostic and Chicago Fed President Austan Goolsbee spoke Monday on CNBC’s „Squawk Box.“
Vice Media files for bankruptcy to enable sale to lenders including Soros and Fortress
Once a digital media darling, Vice Media Group on Monday filed for bankruptcy protection after years of financial troubles.
Crypto companies are playing poker with the SEC as agency cracks down on the industry
Firms like Coinbase and Ripple are playing a game of poker with the SEC, testing the limits of their lobbying power in the hope they can get it to back down.
Major natural gas investor sees signs prices are bottoming
U.S. Commodity Funds CEO John Love, who ran the biggest natural gas ETF in the country, cites unusual production dynamics.
Stocks making the biggest moves midday: First Solar, News Corp, Charles Schwab, Twilio and more
These are the stocks posting the largest moves midday.
Fed Governor Philip Jefferson named as new vice chair to succeed Lael Brainard
Federal Reserve Governor Philip Jefferson will be nominated by President Joe Biden to be vice chairman of the central bank’s board