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Watch CNBC's full interview with The Home Depot CEO Ted Decker
  + stars: | 2024-11-15 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with The Home Depot CEO Ted DeckerTed Decker, The Home Depot president and CEO, joins CNBC's 'Squawk Box' to discuss the company's most recent earnings, raised outlook, and more.
Persons: Ted Decker Ted Decker Organizations: Home, Home Depot
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHome Depot CEO Ted Decker: We're still looking for turn in remodeling to drive project demandTed Decker, The Home Depot president and CEO, joins CNBC's 'Squawk Box' after reporting quarterly results.
Persons: Ted Decker, We're Organizations: Home, Home Depot
Three U.S. airlines have suspended flights to Haiti after a Spirit Airlines jet was struck by gunfire. Some see Rubio as one of the “less MAGA” options but is still someone “Trump’s base could trust,” a Trump ally said. Trump’s first Cabinet pick was Rep. Elise Stefanik of New York, to serve as ambassador to the United Nations. Hours later Trump announced his second Cabinet selection, former Rep. Lee Zeldin, to oversee the Environmental Protection Agency. The State Department is advising against travel to Haiti in the midst of violent political turmoil.
Persons: Donald Trump, Trump, Patrick T, Fallon, Donald Trump’s, Sen, Marco Rubio, Rubio, , Trump’s, Elise Stefanik, Lee Zeldin, Zeldin, Joe Biden’s, Stephen Miller, Miller, Mike Waltz, Ruben Gallego, Republican Kari Lake, ➡️ Trump, Christopher Wray, ➡️, , MAGA, , Kayla Smith, Jillaine St.Michel, Rebecca Vincen, Brown, Julie Lyons, Emily Corrigan, Jennifer Adkins, Richard Allen, Crews, Aaron Rodgers, Peter Guo, Calpak, Elizabeth Robinson Organizations: Spirit Airlines, Getty, United Nations, The, Republican Conference, Trump, Environmental Protection Agency, Trump’s Cabinet, Green Beret, Armed Services, Foreign Affairs, Intelligence, Democratic, Republican, Senate, State Department, JetBlue, New York City, American Airlines, The State Department, Women, Center for Reproductive, East, New York Jets, Riding Army, NBC, Walmart, Casper Locations: U.S, Haiti, AFP, Marco Rubio of Florida, New York, Israel, Gaza, Florida, Afghanistan, East, Africa, He’s, Arizona, Fort Lauderdale , Florida, Port, Prince, Dominican Republic, Miami, Idaho, Portland , Oregon, Ada County, Indiana, Delphi, West, New Jersey, California, China, Kaifeng, Asia
As a professional bra fitter, I've seen people make mistakes when buying the garment. AdvertisementAs a professional bra fitter for over a decade, I know many people struggle to find a perfect-fitting bra. Fortunately, my job is to guide clients as they discover which bras work best for their lifestyles. Thinking bras have to be uncomfortableDuring fittings, I always ask clients what they're looking for, and almost every person says, "A bra that's comfortable." Believing cute bras don't exist for bigger breastsI found a bra that's the perfect size for me, the Fetzyz from Ewa Michalak in brown.
Persons: I've, , who's, It's, Denise, Ewa Michalak, Sam Organizations: Service, Brands Locations: Ewa
Home Depot cofounder Arthur Blank's family office is being sued by two private jet flight attendants. They say they were overworked, and that Blank's family office "falsified time records." The plaintiffs say their employment status was misclassified, and they weren't paid overtime they were due. AdvertisementTwo private jet flight attendants have sued The Home Depot cofounder Arthur M. Blank's family office, alleging they were overworked and not paid overtime. It also says the family office "falsified time records" to suggest the plaintiffs had eight days off.
Persons: Arthur Blank's, , Arthur M, Adele Pearson, Samantha Carlisle, Blank's, Pearson, Blank, AMBFO Organizations: Service, Home, Fair Labor, Blank, Business, Court, Northern, Northern District of, Atlanta Falcons, Forbes, Data, Bombardier Global Express, Bombardier Global, Carlisle, Lawyers Locations: Northern District, Northern District of Georgia, Atlanta
New York CNN —Bernard “Bernie” Marcus, the billionaire Home Depot cofounder and a Republican megadonor, who in recent years became an outspoken supporter of former President Donald Trump, has died, the company announced Tuesday. “The entire Home Depot family is deeply saddened by the death of our cofounder Bernie Marcus,” The Home Depot said in a statement. The Home Depot got its start in Atlanta, a city where Marcus was a well-known philanthropist with his wife Billi. Some Trump opponents attempted to launch a boycott of The Home Depot in 2016 and in 2019 because of Marcus’ support of the Republican nominee for president. I don’t want to work — I’m too lazy, I’m too fat, I’m too stupid.’”“We used to have free speech here.
Persons: New York CNN — Bernard “ Bernie ” Marcus, Republican megadonor, Donald Trump, Bernie Marcus, , , Bernie, ” Marcus, Arthur Blank, Marcus, Blank, Handy, Billi, “ He’s, John McCain, Ron DeSantis, Marcus ’, Organizations: New, New York CNN, Republican, Rutgers University, Depot, Marcus Autism, Emory University, Georgia Aquarium, Trump, Fox News, Fox Business, The, Financial Times Locations: New York, Newark , New Jersey, California, Atlanta, Georgia, Florida, America
Bernie Marcus, who co-founded The Home Depot with Arthur Blank, has died at the age of 95. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementBernard Marcus, the co-founder of Home Depot, has died at the age of 95. Along with Arthur Blank, Marcus opened the first two Home Depot stores in Atlanta in 1979. Here's how Marcus and Blank built Home Depot.
Persons: Bernie Marcus, Arthur Blank, Marcus, Blank, , Bernard Marcus, Bernie, Here's Organizations: Service, Home, Home Depot Locations: Atlanta
Nvidia is replacing Intel in the Dow Jones Industrial Average, S&P Dow Jones Indices said Friday. AdvertisementNvidia is joining the Dow Jones Industrial Average, the S&P Dow Jones Indices said on Friday, replacing its rival Intel, which held the position for 25 years. AdvertisementThe Sherwin-Williams Company (SHW) will also replace Dow Inc. (DOW) in the index. The Dow Jones Industrial Average, or DJIA, is made up of 30 blue-chip companies, from Amazon to Walt Disney Co., and is often used as a benchmark for the broader US economy. Now, with its entrance into the DJIA, it only underlines the mainstream acceptance of Nvidia as a market leader.
Persons: Dow, , Sherwin, missteps, Pat Gelsinger, Jensen Huang, Jensen, Dan Ives, JPMorgan Chase, Johnson, Goldman Sachs Organizations: Nvidia, Intel, Dow Jones, Service, Williams Company, Dow Inc, DOW, Walt Disney Co, Amazon Web Services, Corporate Finance Institute, Microsoft, Walmart, JPMorgan, UnitedHealth, Procter, Gamble Company, Cola Company, Chevron Corporation, Merck, Co, Cisco Systems, McDonald's Corporation, Business Machines Corporation, IBM, American Express Company, Caterpillar, Verizon Communications, Walt Disney Company, Goldman, Honeywell International, Nike, Boeing Company, Intel Corporation, 3M Company, Travelers Companies, Dow Locations: Amazon, Silicon Valley, Susquehanna
Over eight years after a Florida woman and her 8-year-old daughter went missing, the FBI has arrested the young girl's father in connection with their disappearance. Gustavo Castaño Restrepo, 55, was indicted for kidnapping resulting in death for the disappearance of his ex, Liliana Moreno, and the pair's daughter, Daniela, according to authorities. According to the FBI, Moreno and her daughter were last seen on May 30, 2016, in or near the Home Depot on Okeechobee Road in Hialeah. Detectives told NBC affiliate NBC6 that the day they went missing, Restrepo went to pick up Moreno and her daughter, and the couple got into an argument. Restrepo told detectives he then dropped the two off on Turnpike Avenue.
Persons: Gustavo Castaño Restrepo, Liliana Moreno, Daniela, Restrepo, Moreno, haven’t, NBC6, tased Organizations: FBI, Attorney’s, Southern, Southern District of, NBC, NBC6 Locations: Florida, Miami, U.S, Southern District, Southern District of Florida, Hialeah, Doral
Legal experts say an attempt to overturn the 2024 election results would be more difficult than in 2020. And a lost Chopin waltz is discovered after 200 years. Legal experts say those changes would make another attempt to overturn the result of the election much more difficult and unlikely. If Trump attempted to overturn the election result in Congress, he’d be up against the bipartisan Electoral Count Reform Act. This election season, voters said they are disillusioned by both major parties, especially over the handling of the war in Gaza.
Persons: Andrea Mitchell, Antony Blinken’s, Chopin, Donald Trump, Trump, he’d, Matthew Sanderson, Kamala Harris, JD Vance, hadn’t, Tony Hinchcliffe, , Hinchcliffe —, ➡️ Elon Musk, Harris, ➡️ Jeff Bezos, , WaPo, ➡️, Democratic Sen, Bob Casey of Pennsylvania, Isaac Herzog, Antony Blinken, Nathan Howard, Benjamin Netanyahu, Yahya Sinwar’s, Blinken, Brittany Randall, Kamberlyn Bowler, ” Randall, Freddie Freeman, Jay Johnston, Bob’s, Helene, Milton, Matthew Perry’s, Suzaenne Perry, Mustafa Hussain, Vanessa Leroy, — Zara Katz, Brooks, Jolie, Elizabeth Robinson Organizations: NBC, Trump, Count, Washington , D.C, Trump’s New, PAC, The Washington Post, Democratic, ➡️ Authorities, Getty, U.S, United Nations, West Bank ., CDC, Los Angeles Dodgers, New York Yankees, JPMorgan, Cuban, NBC News, American, RNC, Ninja Locations: Washington ,, Georgia, Trump’s New York City, Puerto Rico, Michigan, Portland , Oregon, Vancouver , Washington, Iran, Tel Aviv, AFP, Israel, Washington, Gaza, Lebanon, Beirut, U.S, Junction , Colorado, , Dearborn , Michigan, Dearborn, Detroit
However, if you want the convenience of a cordless vacuum with suction that rivals the best vacuum cleaners, the LG CordZero All-in-One Auto-Empty Cordless Vacuum is a worthwhile splurge. LG CordZero All in One Cordless Stick Vacuum The LG CordZero All-in-One is a powerful cleaning tool that comes with a variety of handy attachments, including a self-emptying base and mopping attachment. Weighing about seven pounds, it's not the lightest model I've ever used, but this cordless vacuum is one of the most well-balanced. Camryn Rabideau/Business InsiderI tested the LG CordZero All-in-One Vacuum at my home for more than two months, and it had its work cut out for it. If you like the idea of a cordless vacuum that can also mop, another option is the Dyson V15s Submarine.
Persons: it's, Camryn, Dyson, that's, Jaclyn Turner, Read, LG CordZero Organizations: Business, LG, Amazon, Shark
I spent weeks combing through thousands of discounts to find the best October Prime Day deals under $50 — each one I recommend below is highly rated, at least 20% off and at its lowest price in at least three months. SKIP AHEAD Best Prime Day deals under $50 | More Prime Day sales under $50 | Best sales under $50 at other retailers | How I picked the best deals under $50 | Why trust NBC Select? Best Prime Day deals under $504.5-star average rating from 110,503 reviews on AmazonSlice, chop and dice vegetables using this chopper. Best Prime Day sales under $50Here are the best Prime Day sales under $50 to know about. I’m an updates editor at NBC Select who has covered deals and sales for Prime Day, Black Friday and Cyber Monday for the past three years.
Persons: I’ll, , Zoe Malin, TikTok Organizations: NBC, Big Deal, Apple, Samsung, Google, Walmart, Wellness, Bath, Giftable Tech, Deal, Facebook, Twitter
Israel observes the first anniversary of the Oct. 7 attacks as it steps up attacks on Gaza and Lebanon. The people of Gaza have endured an unmitigated humanitarian catastrophe as Israel carries out one of the most intensive bombing campaigns in history. Gaza was already impoverished, overcrowded and largely inescapable, blockaded by Israel and Egypt for 17 years. Life-threatening storm surges are due to hit the state’s Gulf Coast as Hurricane Milton is set to make landfall on Wednesday. Justine Goode / NBC News; Getty ImagesWaking up and browsing your closet each morning might sometimes feel like an immense challenge.
Persons: Israel, Hurricane Milton, It’s, , , Frank Lowenstein, Barack Obama, Milton, Helene, Hurricane Helene, Anna Maria, Ron DeSantis, Donald Trump, Bush, Gore, George W, Joe Biden’s, Roe, Wade ., Clarence Thomas, Samuel Alito, NFL Todd Rosenberg, Jalen Tolbert, Greg Rosenstein, alen, J. Organizations: Hamas, United Nations, IDF, United, Gov, Washington, Getty, Republican, Wade, NFL, Getty Images Dallas Cowboys, Pittsburgh Steelers, Sunday, NBC Locations: Gaza, Lebanon, Hurricane, Florida, Israel, Egypt, Beirut, Iran, United States, Coast, Tampa, Gulf of Mexico, U.S
I've wanted Home Depot's 12-foot skeleton since it first was a thing. (See our "alternatives" section below if you can't get your hands on the 12-foot skeleton.) James Brains/Business InsiderThe 12-foot skeleton didn't just arrive via the classic FedEx or UPS. While it's quite cumbersome, someone might try to steal your 12-foot skeleton, which only weighs about 60 pounds. The 12-foot skeleton has become a landmark in my neighborhood.
Persons: I've, it's, Skelly Skelly, Skelly, James Brains, Jack Skellington, Erin Brains, Skelly Ripa, Skelloncé, MaSkully Skullkin, We've, we've Organizations: Business, Bowl, Skelly The East, Skelly The East Lansing Home Depot, FedEx, UPS, Depot Locations: Skelly The East Lansing
The information for the following product(s) has been collected independently by Business Insider: U.S. Bank Shopper Cash Rewards™ Visa Signature® Card, My Best Buy® Visa® Card, U.S. Bank Cash+® Visa Signature® Card, Citi Custom Cash℠ Card, Citi® Double Cash Card. Introduction to Store Credit CardsStore credit cards can be incredibly enticing for shoppers looking to save at their favorite retailers. Closed-Loop Credit Cards vs. Open-Loop Credit CardsThere are two types of store cards: closed-loop cards that can be used only within a specific store (or website), and open-loop cards that can be utilized anywhere most credit cards are accepted. Ulta Credit CardUlta has a closed-loop Ulta Beauty Rewards™ Credit Card and the open-loop Ulta Beauty Rewards™ Mastercard® Credit Card. Store Credit Card Frequently Asked QuestionsWho is the Best Buy store card through?
Persons: Cardholders, cardholders, they've, Nordstrom, Wells, You'll, Sephora, it's, Ariana Arghandewal Ariana Arghandewal, Ariana, Guy, Education Ariana, ExperienceExpertiseEducation Read Organizations: Business Insider, U.S . Bank, Card, Bank, Citi, Amazon, Visa, Foods, Chase Travel, American, American Express, U.S, Apple, . Bank, Best, EV, Costco, Bank of America, The Bank of America, Disney, Chase, Hulu, ESPN, Home Depot, Depot, Nordstrom, Nordy Club, Navy, Old Navy, Wells, PayPal, Mastercard, Target, Privileges, JetBlue, Wyndham Rewards, Walgreens, Walgreens Mastercard, Citibank, Business, Bankrate, CNBC, CNN, Forbes, Lonely, NBC, Traveler University, CardCon, Chicago, Expertise, Education, University of Southern Locations: Nordstrom, Banana Republic, Old, Sephora, Target, Ulta, Chevron, University of Southern California
Fed rates not only set short-term borrowing costs for banks, but they also help determine mortgage, auto loan and credit card rates. According to the firm, shares of a few major discount retailers should outperform if middle-income consumers see higher levels of disposable income. Shares of Home Depot and Lowe's are up roughly 12.9% and 17.2% this year, respectively, as the prospect of lower interest rates boosts consumer sentiment. Tech products seller Best Buy could also get a boost from improved middle-income consumer sentiment, Telsey forecasts. If the rate-cutting cycle boosts sentiment among higher-end consumers, Telsey expects consumer retail names such as Williams-Sonoma and German sandal company Birkenstock to outperform.
Persons: Dana Telsey, Telsey Organizations: Federal Reserve, Fed, Walmart, Dollar, Holdings, Tech, Williams, LSEG Locations: U.S, Sonoma, German
Fed expected to cut key interest rateChair of the U.S. Federal Reserve Jerome Powell speaks at the U.S. Capitol in July. Bonnie Cash / Getty ImagesThe Federal Reserve is poised to cut its key interest rate for the first time since the onset of the Covid pandemic in 2020. But mixed signals from the economy have some Wall Street traders predicting it’s more likely that there will be a 0.5% cut. It’s for Prime members only, so you’ll have to sign up in time if you want to shop. And did you know that in addition to free shipping, members also get benefits like Prime Video and Grubhub+.
Persons: Sean “ Diddy ” Combs, Jerome Powell, Bonnie Cash, Hsu Ching, kuang, Cristiana Bársony, Arcidiacono, Gold, , , pagers, Sean ‘ Diddy ’ Combs, Combs, Mike Johnson, Trump, Donald Trump, Harris, Kamala Harris, Chuck Todd, Gisele Pelicot, Christophe Simon, I’m, don’t, Annie Hill, Elizabeth Robinson Organizations: U.S . Federal, U.S, Capitol, CNBC, Fed, Consulting, Prosecutors, of, National Association of Black Journalists, Republicans, NBC, Trump, Polaris, University of North Texas Health Science, The, Getty, Amazon Locations: Lebanon, Taiwan, Iran, Israel, Hungary, Southern, of New, Springfield , Ohio, Gaza, Ohio, San Diego, Mazan, France, AFP
SAN DIEGO — The Home Depot agreed to a nearly $2 million settlement in a case that alleged it overcharged customers, charging more for items at checkout than the items' advertised prices. In an emailed statement responding to a request for comment about the settlement, Home Depot said, “To ensure consistency for our customers, we’ve updated the timing of our price changes." The settlement includes $1.7 million to be divided among the district attorneys' offices of Los Angeles, San Diego, Orange, Alameda, San Bernardino and Sonoma counties for consumer law enforcement. "This settlement is a clear message that such behavior will not be tolerated and underscores our commitment to safeguarding the rights of consumers in our community," Gascón said. Home Depot, based in Atlanta, reported in a proxy statement in May that it earned nearly $22 billion in operating profit for the 2023 fiscal year.
Persons: , Judge Richard S, George Gascón, Gascón Organizations: DIEGO, Superior Court, Depot, Whitney Locations: California, San Diego, Angeles County, Los Angeles, San Diego , Orange, Alameda, San Bernardino, Sonoma, Sacramento County, Atlanta
Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. In today's big story, Airbnb said its struggles are tied to consumers spending less, but it's also because they're opting for hotels instead . The big storyPlenty of vacancyiStock; Rebecca Zisser/BIAirbnb took a noticeable step back in its ongoing battle with hotels. But Airbnb's struggles are also a product of travelers opting for hotels instead , writes Business Insider's Dan Latu. The death of the so-called millennial lifestyle subsidy — for which Airbnb was a key player — resulted in consumers rethinking things.
Persons: , Airbnb, it's, let's, Rebecca Zisser, Execs, Airbnb's, Dan Latu, haven't, Jenny Chang, Rodriguez, Bloomberg it's, BI Bank of America isn't, Nicolás Ortega, Nate Silver, Chelsea Jia Feng, Alexander, Tal, Oren Alexander, Musk, Trump, Elon Musk's, Donald Trump, Ron DeSantis, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock Organizations: Service, Apple, Business, Bloomberg, Getty, BI Bank of America, Viking, Israel, BI, Apple Intelligence, Trump, X, Florida Gov, Google Locations: Iran, New York, London
The home improvement retailer said it now expects full-year comparable sales to decline by 3% to 4% compared to the prior fiscal year. It had previously expected comparable sales, a metric that takes out the impact of store openings and closures and other one-time factors, to decline about 1%. Total sales are expected to increase between 2.5% and 3.5% including a 53rd week in the fiscal year and approximately $6.4 billion in sales from SRS. In an interview with CNBC, Chief Financial Officer Richard McPhail said Home Depot has contended with consumers who have a "deferral mindset" since the middle of 2023. It marked the seventh consecutive quarter of negative comparable sales at Home Depot.
Persons: Richard McPhail, They've, McPhail, Jerome Powell, , Robert Hum Organizations: CNBC, LSEG, Depot, Target, Home Depot, Consumers, Federal Reserve Locations: Florida Keys, United States, U.S
Bank of America® Customized Cash Rewards Credit Card ReviewThe Bank of America® Customized Cash Rewards Credit Card is a decent option for folks who want more control over how they earn rewards. Bank of America Customized Cash Rewards bonusNew Bank of America® Customized Cash Rewards Credit Card cardholders can earn $200 online cash rewards bonus after making at least $1,000 in purchases in the first 90 days of account opening. How to earn cash back with the Bank of America Customized Cash Rewards credit cardThe Bank of America® Customized Cash Rewards Credit Card has major appeal for folks looking to earn cash back on multiple spending categories. Bank of America Customized Cash Rewards Benefits and FeaturesThe Bank of America® Customized Cash Rewards Credit Card doesn't have many other benefits, but this is common with no-annual-fee credit cards. Bank of America Customized Cash Rewards FeesThe Bank of America® Customized Cash Rewards Credit Card has a $0 annual fee.
Persons: Cardholders, There's, That's, Sherwin, Williams, You'll Organizations: Business Insider, U.S . Bank, Citi, Bank of America, EV, of America, U.S . Bank Cash, Wells, Bank, American Express, CVS, Walgreens, IKEA, Lowe's, Bank of America Online Banking, Merill, Merrill, Card U.S, Citi Entertainment, Cash, Rewards Locations: Bath, Williams, Sonoma
To help you browse the best ones going on now, I've rounded up the best 4th of July sales below. The best 4th of July electronics and appliances sales Appliances and electronics are notorious for their hefty price tags, which makes sales like these priceless. In time for the warming weather, I'm seeing some great price drops on air conditioner picks from our guides to the best portable air conditioners and the best air conditioner units. Burrow The best 4th of July home and kitchen dealsIt's a good time to buy furniture, whether you're shopping for indoor or outdoor pieces. SaatvaThe best 4th of July mattress dealsMattresses are on sale most of the year, it's true.
Persons: it's, We'll, BioLite, Abt Friedrich, Friedrich, AJ, AJ Madison Traeger, TCL, Rumpl, Kit, Burrow, Lauren Savoie, Hannah Freedman, Cha, they're, you'll Organizations: Business, Ikea's, Steam, LG, GE, Amazon Prime, Abt, eBay, Energy, AJ Madison, Independence, Samsung, Apple AirPods, Apple, Amazon, GE Gaming, Day, tote Locations: Burrow, Kyusu, Cha Kyusu, Brooklyn, Lo
To help you browse the best ones going on now, I've rounded up the best 4th of July sales below. Appliances including air conditioners and outdoor fire pits are down to excellent prices for the 4th of July. In time for the warming weather, I'm seeing some great price drops on air conditioner picks from our guides to the best portable air conditioners and the best air conditioner units. EcoFlow Wave 2 Portable Air Conditioner $1,199.00 $2,237.00 Save 46% The EcoFlow Wave 2 is the best battery-powered portable air conditioner we've tested. RumplThe best 4th of July outdoor and camping dealsSeveral stores are welcoming the warm weather and end of the school year by dropping prices on outdoor essentials, from accessories to full-size tents.
Persons: it's, We'll, BioLite, TCL, Rumpl, Kit Organizations: Business, Ikea's, Steam, LG, GE, Amazon Prime, Energy, Independence, Amazon, REI Locations: REI Outlet
I shopped at my local Lowe's and Home Depot stores to see which had the better selection. The Lowe's I visited seemed better laid out and had a better selection than the Home Depot. This summer, Lowe's would be my pick for my garden and outdoor shopping needs. Recently, I shopped at Lowe's and Home Depot to see which home-improvement store would be my go-to summer shopping destination. The average Lowe's shopper and Home Depot shopper is a white woman over age 60 who lives in the suburbs — I skew younger at age 43 and live in a small beach town that's not quite a suburb but not urban either.
Persons: , I've Organizations: Home Depot, Service, Business Locations: Florida
There are signs that the U.S. consumer is still spending, especially on experiences. But stubbornly high prices are squeezing consumers with lower incomes, pressuring everyday purchases and corporate profits. Broadly speaking, credit card companies like American Express, Visa and MasterCard have described spending trends as "relatively strong," "relatively stable," and even "healthy." Priceline parent Booking Holdings told analysts there are no signs consumers are taking shorter vacations or trading down in their hotel choices. McDonald's added that "the consumer is certainly being very discriminating in how they spend their dollar."
Persons: Brandon Bell, Morgan Stanley's Michael Wilson, Morgan Stanley, Mike Stocker, Stanley Black, Decker, , Anton Pinsky, Beata Zawrzel, Laxman Narasimhan, Shack, Domino's, Pavlo Gonchar Organizations: Getty, Home Depot, Walmart, American Express, Visa, MasterCard, PayPal, Booking Holdings, Las, Port, Tribune, Service, Consumers, Whirlpool, Corp, Starbucks Corp, Nurphoto, Lightrocket Locations: Austin , Texas, U.S, Las Vegas, Port of Miami, Krakow, Poland, Russia, Ukraine
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