Home Depot’s sales improved during its second quarter as customers focused on smaller projects during the summer months with the U.S. housing sector still mired in a slump. Revenue increased to $47.86 billion from $45.28 billion, edging out the $47.24 billion that Wall Street had expected, according to a survey by FactSet. Globally, sales at stores
Futures are mixed ahead of a big week for major retailers as new questions emerge about the state of the U.S. consumer, a major engine powering the American economy. The S&P 500 edged 0.1% higher, while Dow Jones Industrial Average futures slipped 0.2%. Nasdaq futures gained 0.5%. U.S. stocks hit an all-time high last week despite some
Aaron Kaufman used to meet his lofty daily protein goals — a gram for each pound he weighs — with ground beef. Then in the spring the 32-year-old moved from Brooklyn to Manhattan. To offset the higher cost of rent, he has been spending more on groceries instead of eating out. But on his first
Baby Ruth, Butterfinger, Froot Loops, Frosted Flakes. They are all now owned by the same Italian company. Best known for Nutella and Ferrero Rocher chocolates, Ferrero has spent much of the past decade buying established American food brands and investing in US manufacturing. The privately held company now has more than 50 brands in its
If you bought something from an overseas vendor last year, it might be time to check your bank account. Shippers including FedEx and UPS that acted as customs brokers for imported packages and received tariff refunds from the U.S. government have started to pass on those refunds to the customers that originally paid the tariffs. The refunds
Model Karlie Kloss and venture capitalist Josh Kushner may seem like an odd pairing on the surface, but they’ve been together since 2012 and have become partners in both life and business. The couple has kept their relationship under the radar since they first started dating. Kloss and Kushner got married in October 2018 and
