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Month: May 2023

Home Depot hits the brakes: Three-year robust sales run ends amid pull back on home improvements

By Nathaniel Meyersohn and Parija Kavilanz, CNN New York (CNN) — Home Depot couldn’t keep its protracted robust sales streak going any longer. The home improvement chain reported a dismal quarter as consumer spending on home improvement projects – which was buoyed by the stay-at-home pandemic lifestyle – come to a screeching halt. The retailer

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Stock market today: US futures point lower after shaky start to big retail week, sluggish China data

By ELAINE KURTENBACH and MATT OTT AP Business Writers Wall Street tipped lower Tuesday after data showed China’s economy is weaker than expected, while Home Depot cut its profit and sales outlook for the year, signaling a spending shift by Americans strapped by inflation and anxious about a possible recession. The Dow Jones industrial Average

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AP Election Brief | What to expect in Pennsylvania as a special election decides statehouse control

By The Associated Press Voters in suburban Philadelphia are set to decide party control of Pennsylvania’s state House of Representatives on Tuesday with their pick to replace a Democrat who resigned. Also on the ballot in Pennsylvania are primary elections for state Supreme Court and Philadelphia mayor. The race with the biggest immediate consequence is

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AP Election Brief | What to expect in Kentucky as Republicans choose a nominee for governor

By The Associated Press Kentucky Republicans will choose a nominee Tuesday to challenge incumbent Democratic Gov. Andy Beshear in one of the most watched elections of the year. State Attorney General Daniel Cameron, former United Nations Ambassador Kelly Craft and state Agriculture Commissioner Ryan Quarles are among the 12 Republicans in the race. Beshear has

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