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It said it expects total sales to grow about 1% in fiscal 2024, including those extra days. Home Depot on Tuesday posted quarterly revenue below Wall Street's expectations, as shoppers postponed bigger discretionary projects like bath and kitchen remodels because of higher interest rates and made spring purchases late. The logo of U.S. home improvement chain Home Depot is seen in Mexico City, Mexico, on Jan. 15, 2020. In the fiscal first quarter, customers made fewer visits to Home Depot's stores and website and tended to spend less when they did. Home Depot has seen sales moderate after more than two years of explosive demand during the Covid pandemic.
Persons: Richard McPhail, McPhail Organizations: CNBC, LSEG, U.S, Depot, Home Locations: Mexico City, Mexico, Texas
The S&P 500 could fall around 500 points in a swift correction, Stifel strategists warned. The investment firm said falling inflation was a "pipe dream," and Fed rate cuts could be delayed. Markets see just one or two rate cuts by the end of the year, per the CME FedWatch tool. "We have been wary of a broad S&P 500 correction in the middle quarters of 2024. Markets have already dialed back their outlook for Fed rate cuts this year, which drove a sell-of in stocks in April.
Persons: Organizations: Service, Fed, PCE, Traders
“It seems like a great opportunity to highlight that he’s running for president,” Ms. Shanahan said. “I do think we have an environmental health crisis in this country,” Ms. Shanahan said. Stefanie Spear, the press secretary for the Kennedy campaign, did not respond to a request for comment on Monday. Mr. Mellon’s role has raised eyebrows among some Democrats, with fears widespread in the party that Mr. Kennedy could siphon votes away from Mr. Biden. “Neither of us were willing to give up on the idea of the Super Bowl ad,” Mr. Lyons said.
Persons: Robert F, Kennedy Jr, John F, Kennedy, Nicole Shanahan, Sergey Brin, Ms, Shanahan, ” Ms, , ” Mr, , ” Tony Lyons, Shanahan’s, Stefanie Spear, Brin, Biden’s, , Biden, Emily Elconin, Lyons, Gavin de Becker, de Becker, Kennedy’s, Timothy Mellon, Donald J, Trump, Mr, he’s, Jim Rutenberg Organizations: Sunday, Google, CBS Sports, Paramount, Paramount Global, PAC, Bay Area, Democratic, Democratic National, Trump, Federal Locations: Bay, United States, New York
Hur cleared Biden of criminal wrongdoing in the 345-page report but inserted many unflattering references to Biden personally – calling him a "well-meaning, elderly man" with trouble remembering things. The Best Political Cartoons on Joe Biden View All 270 ImagesThe White House came back to the issue Friday with a fury. He noted that on Page 2 of the report, Hur argued that Biden "willfully" retained materials – but "buried way later on Page 215," the report said there was a shortage of evidence to support that. "I would call it a backhanded exoneration of President Biden. Former federal prosecutor Barbara McQuade said Hur "seems to go out of his way to smear Joe Biden.
Persons: Kamala Harris, Joe Biden's, Robert Hur, Donald Trump, Merrick Garland, Hur, Biden, , Beau, Joe Biden, Harris, Ian Sams, Sams, It's, Norm Eisen, Eisen, Barbara McQuade, McQuade, Trump, Garland Organizations: White, Biden, Trump, Former Justice Department, Department, GOP Locations: Israel, Maryland
Business Insider spoke with three women in the UK who live on narrowboats full time. One of the women lives on a narrowboat that's less than 7 feet wide. For those who want to live alone, moving onto a narrowboat and cruising along the British canals has proven to be a good option. Three women who gave up their homes on land to live in narrowboats spoke to Business Insider about their experiences. Advertisement"Whenever I was walking down the path near the canal, I'd always look at the narrowboat community," Woodley said.
Persons: it's, , narrowboats, Elizabeth Earle, Earle, Laura Woodley, Woodley, Read, Kathryn Clover, Marty, Clover, I've Organizations: Service, Grand Locations: South Africa, Brazil, England
It was the moment the crowd outside the gates of Ofer prison just outside the West Bank city of Ramallah had awaited for hours: A large white bus carrying Palestinian prisoners and detainees exited the prison gates and made its way through the crowd around 8 p.m. Friday. Throngs of Palestinians erupted in cheers while drivers revved their engines in celebration. Fireworks erupted, replacing the sounds of tear-gas canisters that Israeli security forces had fired to disperse the crowd throughout the afternoon. As the prisoners and detainees made their way to a nearby municipality building, hundreds of people raced alongside them, waving Palestinian and Hamas flags. Hanan Saleh al-Bargouthi, 59, who was among those released, hugged her husband and grandchildren as tears clouded her eyes.
Persons: Ofer, Throngs, , Hanan Saleh al Organizations: West Bank, Hamas Locations: Ramallah, Israel, Gaza
She travelled to Khan Younis from the Jabalia refugee camp in northern Gaza. The Khan Younis vegetable market is still open but prices have doubled. Though Khan Younis is south of Israel’s “evacuation line,” it has not escaped daily raids by Israeli warplanes or missiles. A total of 1,300 people have been killed in the Khan Younis area since October 7, local health officials say. Nasser Hospital, the main hospital in Khan Younis and the biggest in southern Gaza, uses the same term on its Facebook page where it lists the daily “martyrs” in this war.
Persons: Younis Khan Younis, Khan Younis, Israel, Abla Awad, Awad, , , Younis, Suzan, “ They’re, Jan Egeland, Benjamin Netanyahu, NBC’s “, Relatives, Saeed Al, Shorbaji, Shaheed Organizations: United Nations, Program, , Islamic, Israel, Norwegian Refugee Council, Reuters, Nasser Hospital, Al Locations: Israel, Gaza, Khan, Hulayqat, Israel’s, Islamic Jihad, Egypt, Cairo, , Al Aqsa, Old City, Islam, Nasser, Al Jazeera
The National Climate Assessment, which comes out every four to five years, was released Tuesday with details that bring climate change's impacts down to a local level. Compared to earlier national assessments, this year’s uses far stronger language and “unequivocally” blames the burning of coal, oil and gas for climate change. In the Midwest, both extreme drought and flooding threaten crops and animal production, which can affect the global food supply. “Climate change is finally moving from an abstract future issue to a present, concrete, relevant issue. Five years ago, when the last assessment was issued, fewer people were experiencing climate change firsthand.
Persons: , Zeke Hausfather, Kim Cobb, , of Colorado's Waleed Abdalati, Katharine Hayhoe, they'd, Hayhoe, there's, Colorado's Abdalati, Arati Prabhakar, Hausfather, Rob Jackson, ” ___ Borenstein, Webber, Seth Borenstein, Tammy Webber Organizations: Berkeley, midcentury, U.S ., Brown University, AP, of Colorado's, NASA, Nature Conservancy, Texas Tech University ., Associated Press, NORC, for Public Affairs Research, Colorado's, Biden, White, ” Stanford University, Twitter Locations: United States, Alaska, Great, Hawaii, U.S, U.S . Caribbean, Brown, America, Kensington , Maryland, Fenton , Michigan
That was the vision of Joan Kroc, billionaire philanthropist and heiress to the McDonald’s fortune of her husband, Ray. And today, 20 years later, 26 grand, state-of-the-art Kroc centers have opened in places as varied as Ashland, Ohio; Guayama, Puerto Rico; and Quincy, Illinois. Half was to be earmarked for the construction of recreation centers, with the other half deposited into endowments to support them. In the two decades since Kroc’s bequest, quantifying the precise impact on all of the communities served by the Kroc centers is difficult. She explained that Joan Kroc meant for the place to be accessible to all — that beauty was part of her plan.
Persons: Joan Kroc, Ray, Army didn’t, Joan Kroc’s, MacKenzie Scott, Kroc, revved, she’d, Ronald McDonald, MacKenzie, Phil Buchanan, Scott, , , that’s, Angelia Grandberry, Grandberry, Lisa Napoli, Joan Organizations: Salvation Army, Phoenix Kroc, Army, baseball’s San Diego Padres, San, National Hockey League, Catholic, Notre Dame, University of San, Ronald McDonald House Charities, National Public Radio, Center, Coast Kroc, Associated Press Locations: Ashland , Ohio, Puerto Rico, Quincy , Illinois, Boston, Augusta , Georgia, San Francisco, U.S, Southern California, baseball’s, St, Paul , Minnesota, San Diego, University of San Diego, Biloxi , Mississippi
In 2021, Republicans retook the Virginia House. The Virginia Senate wasn’t up in 2021 – state senators face their voters every four years. That one time was in 2011, when the two parties ended up tied in the state Senate, with the Republican lieutenant governor serving as the tie-breaker. Democrats hold the thinnest of majorities in the state Senate, while Republicans narrowly control the state House. In those elections, Democrats have been greatly outperforming the Democratic baseline (measured by comparing their candidates’ performances with Biden’s in 2020).
Persons: bode, Joe Biden, – Biden, Donald Trump –, we’ve, Biden’s, Roe, Wade, Biden, Glenn Youngkin Organizations: CNN, Virginia Legislature, Republicans, Virginia, GOP, The Virginia Senate, Virginia Senate, Republican, Washington Post, Democratic, Democrats, Republican Gov, Virginia Democrats Locations: Virginia, New Jersey, Ohio, Washington
A recent rally in Seoul carried the sound of a rock festival — high-amp speakers throbbing with the K-pop hit “Gangnam Style” — if not the look of one. The crowd of mostly elderly people waved South Korean and American flags to the song’s revised refrain: “Anti-communist style!” When speaker after speaker revved up the crowd with pro-American, anti-communist chants, the crowd shouted, “Hooray for President Yoon Suk Yeol!”​Days later, when thousands of mostly younger protesters marched through the same city center, they ​shook handheld signs and chanted, “Out with Yoon Suk Yeol!”Park Yeol, a regular at such rallies, showed up as an inflatable caricature of the South Korean leader. Fellow protesters took selfies while putting him in a headlock. “​Some people try to punch me,” said Mr. Park, 50. “But that’s the point: I want to demonstrate how mad people are at Yoon.”
Persons: revved, Yoon Suk, , , Yoon Organizations: South Locations: Seoul
They can also rile up Trump's own party, which then incorporates the former president's vendettas and impulses into its own agenda. Though most in his party have stayed quiet, Trump's comments about Milley horrified some Republicans. On the debate stage last week, Trump’s rivals for the GOP nomination didn't address the former president's more incendiary rhetoric. Democrats, including Biden, have warned that Trump and supporters in his Make America Great Again movement are a threat to American democracy. At last week's California Republican Party convention in a hotel ballroom in Anaheim, Trump’s rhetoric reached yet another level.
Persons: Donald Trump, Joe Biden, lowlifes, , Trump, Vladimir Putin, Kim Jong, Ruth Ben, ” Ben, Ghiat, Rodrigo Duterte, Trump's, Jack Smith, Mark Milley, Milley, , ” Milley, Mike Pence, John Kelly, Kelly, ” Trump, Steven Cheung, Biden, ” Alex Conant, Ron DeSantis, Conant, Paul Pelosi, Nancy Pelosi, San Francisco — how’s, Jonathan J, Cooper, Michael R Organizations: Republican, Democratic, White, NBC, New, North, New York University, Trump, U.S, Capitol, Federal Bureau of Investigation, Republicans, GOP, Joint Chiefs of Staff, Washington's Georgetown University, The Associated Press, White House, CNN, Marine Corps, Florida Gov, California Republican Party, Associated Press Locations: United States, New York, Philippines, Mexico, U.S, China, Florida, , California, Anaheim, San Francisco, Anaheim , California
BOULDER, Colo. (AP) — Shedeur Sanders accounted for three scores, Colorado’s defense forced four turnovers and the 22nd-ranked Buffaloes beat longtime rival Nebraska 36-14 on Saturday in the home debut of Deion Sanders at sold-out Folsom Field. Shedeur Sanders threw for 393 yards and two scores, while running for another touchdown. After punting on their first four drives, Sanders and the offense scored on seven of eight possessions to turn the game into a rout. Deion Sanders has elevated Colorado to the point where the Buffaloes had 53,241 fans in attendance — their largest crowd in 15 years — and tickets going for roughly $400. Colorado: The Buffaloes have their first three-game winning streak over the Huskers since the 1950s.
Persons: — Shedeur Sanders, Deion Sanders, Prime's, Shedeur Sanders, Sanders, Matt Rhule, Xavier Weaver, Jace Feely, Tar’Varish Dawson, Jeff Sims, Travis Hunter, Hunter, Fox’s, Kordell Stewart, Michael Westbrook, Michael Irvin, Terrell Owens, Jordan Domineck, Arden Walker, Bishop Thomas, Cam’Ron Silmon, Craig Organizations: Buffaloes, Nebraska, Folsom, TCU, The Buffaloes, Huskers, Folsom Field, of Fame, SEAT, NEXT Nebraska, Northern Illinois, Colorado State, AP Locations: BOULDER, Colo, Colorado, Nebraska, Northern, . Colorado
That was never more true than when Shelton trailed 2-4 in the third set, desperately trying to extend the match. He found himself with a point to break Djokovic’s serve and did not disappoint, drawing Djokovic into a wide forehand that generated a brain-rattling sound. There was still a little more Shelton and Djokovic for the packed stadium to enjoy. Shelton saved match point and sent the third set to a tiebreaker, then stuck around a bit when he went down, 5-1. But Djokovic had things to do and a rightful place in his 36th Grand Slam final.
Persons: Arthur Ashe, Shelton, Djokovic
Investors should pick up shares of sold-off Western Alliance Bancorp , according to Piper Sandler. Analyst Matthew Clark initiated coverage of the bank stock at overweight with a $60 price target. Clark's price target signals shares could rally 21.9% over the next year. He said Western Alliance has focused on holistic and deep relationships. Western Alliance shares have fallen more than 17% this year.
Persons: Piper Sandler, Matthew Clark, Clark, Michael Bloom Organizations: Western Alliance Bancorp, Western, Western Alliance, WAL
Uber Got a Bit Too Revved Up
  + stars: | 2023-08-02 | by ( Dan Gallagher | ) www.wsj.com   time to read: 1 min
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Persons: Dow Jones
"Is there going to be a challenge to Royal Enfield? It sold fewer than 30,000 motorcycles - less than the number of bikes Royal Enfield sells each month. Triumph said it has received orders for over 14,000 Speed 400 bikes, exceeding its total India sales of the past decade. Still, the frenzy over the new models is reflected in the surge in Google searches about Harley-Davidson and Triumph in India. Improved financing options is also encouraging lower-income buyers to consider premium bikes, said HDFC Securities analyst Aniket Mhatre.
Persons: Davidson, Rishi Vora, brokerages, Harley, Kotak, Royal Enfield's, Eicher, Royal, Shubhabrata Marmar, Enfield, Varun Painter, MotoCorp, Sathish Rao, Aniket Mhatre, Priyanka Kochhar, Indranil Sarkar, Aby Jose Koilparambil, Nandan Mandayam, Saumya Singh, Navamya Ganesh Acharya, Varun, Dhanya Skariachan, Euan Rocha, Christopher Cushing Organizations: Reuters, Bajaj Auto Ltd, Handout, REUTERS, Royal Enfield, Securities, Harley, Royal, Eicher Motors, Reuters Graphics Reuters, ROYAL, Enfield, Mahindra, Mahindra's, TVS, Bajaj Auto, Bajaj, Triumph, HDFC Securities, Thomson Locations: REUTERS BENGALURU, India, Royal Enfield, Bengaluru
Morning Bid: Dollar swoons in upbeat inflation vigil
  + stars: | 2023-07-12 | by ( ) www.reuters.com   time to read: +4 min
A look at the day ahead in U.S. and global markets from Mike DolanWorld markets leaned positively into another critical U.S. inflation report later on Wednesday, seeding a dollar (.DXY) slide to two-month lows that's revved-up yen and sterling gains. And June's CPI readout should be a marker if the consensus forecast for almost a full percentage-point drop in the headline inflation rate to two year lows of just 3.1% is borne out. Still, encouraged by a screed of other positive disinflation signals this week, U.S. markets are relatively buoyant going into the release and still feel the end of the Fed rate rise campaign is nigh. UK bank stocks pushed higher on the rates view and a relatively clean bill of health from Wednesday's financial stability report from the BOE. The Reserve Bank of New Zealand paused its long-running rate rise campaign early on Tuesday.
Persons: Mike Dolan, BOE, Thomas Barkin, Raphael Bostic, Neel Kashkari, Loretta Mester, Joe Biden, Nick Macfie Organizations: Federal Reserve, Fed, yearend, Treasury, Bank of Japan, Bank of, recoiling, Reserve Bank of New Zealand, Bank of Canada, Japan's Nikkei, Microsoft, Activision, Richmond Federal, Atlanta Fed, Minneapolis Fed, Cleveland Fed, NATO, . Treasury, Reuters, Reuters Graphics, Thomson Locations: U.S, Asia, Shanghai, Hong Kong, British, Vilnius
Medvedev revved up for deep run after F1 trip
  + stars: | 2023-07-07 | by ( Martyn Herman | ) www.reuters.com   time to read: +2 min
LONDON, July 7 (Reuters) - Russian Daniil Medvedev said he revved himself up for Wimbledon by watching the Spanish Formula One Grand Prix in Barcelona after a disappointing early exit at the French Open. "I can either say next day I'm going to practise already full and try to prepare the next tournament, or I take some days off. In the often insular world of tennis, Medvedev said seeing another sporting perspective had been useful. Then I was like, okay, let's go back to practise, try to prepare well Wimbledon. Medvedev took a while to get up to speed in his first-round match against British wildcard Arthur Fery but was impressive in a 6-3 6-3 7-6(5) win over the dangerous Mannarino, completing the victory after bad light interrupted his charge on Thursday.
Persons: Russian Daniil Medvedev, revved, Thiago Seyboth Wild, Roland Garros, Frenchman Adrian Mannarino, Medvedev, let's, Arthur Fery, Martyn Herman, Ed Osmond Organizations: Wimbledon, Spanish, Brazilian, British, Thomson Locations: Russian, Barcelona, Paris, Monaco
Jefferies says it's "all revved up" on car rental company Hertz . The firm initiated coverage on Hertz with a buy rating and a $24 price target, implying shares jumping 30% from Monday's close. We see structural benefits from a maintenance and pricing perspective related to [a] higher mix of EVs," Moore said. In this blue sky scenario, we see the potential for another $1bn+ in EBITDA opportunity at 20-30+% margins," the analyst added. Hertz shares were up 1.4% Wednesday before the bell.
Persons: Jefferies, it's, Stephanie Moore, Moore, Hertz, — CNBC's Michael Bloom Organizations: Hertz, EV Locations: Monday's
Then, a deep dive into MrBeast and what his YouTube empire says about the future of the internet. Reddit came along and said, oh, we need to protect Reddit from the rise of these large language models. So I don’t think they’re totally out of the woods. But I don’t think people would say it was a golden age for how safe the platforms fell to use. But I want to challenge you on this, because I don’t necessarily think that it’s a bad thing if we have past peak trust and safety.
Persons: kevin roose, you’ve, casey newton, casey newton Yes, I’ve, there’s, kevin roose I’m, Kevin Roose, ” casey newton, Casey Newton, Casey, Reddit, casey newton Right, roose, Steve Huffman, you’re, Kevin, It’s, They’re, casey newton Well, they’ve, we’re, Huffman, , Redditors, We’ve, Everyone’s, we’ve, I’m, let’s, Sam Walton, Max, kevin roose Hey, kevin roose Oh, kevin roose Max Read, MrBeast, it’s, Jimmy Donaldson, He’s, Willy Wonka, he’s, somethings, haven’t, kevin roose We’ll, We’ll, kevin roose She’s, she’s, kevin roose MrBeast, Jeremiah, jeremiah howard, Jeremiah Howard who’s, Jimmy, Burger, You’re, Stefan Molyneux, PewDiePie, Paul, Let’s, Raman, kevin roose It’s, MrBeast financials, doesn’t, Logan Paul, they’re, Vincent Miller, Jon Hamm’s, Matthew Weiner’s, kevin roose Max, Will, Max Read, ” kevin roose, casey newton Max, Robert F Kennedy, COVID, Kennedy, Instagram, Connor Roy, Marjorie Taylor Greene, Robert F Kennedy Jr, Elon, Donald Trump, We’re, Jim Jordan, kevin roose Totally, Alex Jones, casey newton Totally, Kate Kalanick, Trump, Tucker Carlson, aren’t, — casey newton, hasn’t, Rachel Cohn, Jen Poyante, Caitlin Love, Alyssa Moxley, Dan Powell, Elisheba Ittoop, Marion Lozano, Sofia Lanman, Rowan Niemisto, Paula Szuchman, Tam, Nell Gallogly, Kate LoPresi, Jeffrey Miranda Organizations: The New York Times, Twitter, YouTube, Lamborghini, Netflix, Walmart, News, Producers, Meta, Instagram, COVID, Democratic, Washington Post, Apple, Republicans, Facebook, 4chan, Republican Party, Trump, Fox News, Stanford, Davis Locations: Hawaii, Reddit, Greenville , North Carolina, hysterics, New Jersey, New York, Greenville, North Carolina, Central, United States, Bay, San Francisco, Stanford
Sign up for the daily digest chronicling the evolving media landscape here. The assault on the American justice system was swift and savage. On Fox, the historic legal action was portrayed as President Joe Biden weaponizing the Justice Department to target his political opponent. In effect, Fox News is once again platforming those who are leading vicious and irresponsible attacks on the country’s criminal justice system. Across the right-wing media ecosystem, the narrative that a sinister deep-state was unfairly targeting Trump to knock him out of the 2024 presidential contest was pervasive.
Persons: Donald Trump, Joe Biden weaponizing, “ BIDEN, INDICTS, ” Sean Hannity, Hannity, , Fox, Trump, HUNT, Breitbart, Rupert Murdoch Organizations: New York CNN, Fox News, MAGA, Fox, Justice Department, Trump, Voting Systems, U.S . Capitol Locations: New York, America, U.S
Guardia Civil/Handout via REUTERSMADRID, June 1 (Reuters) - Spanish police raided three clandestine tobacco factories early this year, seizing nearly 40 million euros ($44 million) worth of tobacco leaf and illicit cigarettes. This operation is one of dozens across the EU that regional policing and anti-fraud agencies say have driven seizures of illicit cigarettes to record levels. It may have been further accelerated by the war in Ukraine, which for years has been a production hub and transit route for illicit tobacco, OLAF added. TOBACCO INVESTIGATORSThe industry has responded by hiring investigators to research illicit operations and share intelligence with European authorities, executives at Japan Tobacco, BAT and Imperial Brands told Reuters. "A good many workers from Ukraine have been found in these illegal factories," Japan Tobacco's Byrne said about counterfeiting operations across the EU.
Persons: who'd, OLAF, Cyrille Olive, Philip Morris, Olive, Europol, Vincent Byrne, Byrne, Japan Tobacco's Winston, Alex McDonald, Ernesto Bianchi, McDonald, Japan Tobacco's Byrne, They're, they're, Richa Naidu, Emma Pinedo, Emilio Parodi, Matt Scuffham Organizations: Guardia Civil, REUTERS, Spanish, EU, BAT, Imperial Brands, Japan Tobacco, Philip Morris International, Reuters, Marlboro, America's Dunhill, Supplies, Investigators, Mobile, Thomson Locations: Seville, Spain, Guardia, REUTERS MADRID, Alfaro, Europe, Ukraine, British American, France, Netherlands, Portugal, Slovenia, Denmark, Czech Republic, Ireland, Japan, China, Asia, EU, Russia, Belarus, Roda de Ter, Barcelona, Spanish, Italy, Pomezia, Russian, Moldovan, London, Madrid, Milan
Since New Year’s, storm after storm had pummeled the state, dropping epic quantities of water and snow. Houses and farms and dairies flooded, and people were using excavators to hastily build earthen dikes around their properties. In a valley where powerful interests had long jockeyed for access to water, the arguments were now about who would bear the flood. A froth of brown storm water started to spread toward the houses. Had someone intentionally cut the levee, jeopardizing Allensworth, not to mention someone else’s farm, to save his own?
Persons: Deanna Jackson, Gonzales, Ruben Guerrero, Floodwater, Jack Mitchell, Allensworth, ” Guerrero, , Kiara Rendon, Denise Kadara, Allen Allensworth, Kadara, Rendon Organizations: Cal Fire, Navy Locations: Year’s, Tulare, Allensworth, , California, farmworkers
Microsoft and Google are racing to develop the best AI-assisted search experience, leaving advertisers on the precipice of major disruption in the largest and most mature digital advertising channel. Monetization of AI-assisted search answers isn't as straightforward as that of conventional search engine results pages. Despite the hype, consumers are dubious about AI-assisted search. But Ipsos found that only about a quarter (27%) trust search results generated by AI. Want to learn more about ChatGPT and Generative AI in Search?
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