Articles

Home Depot acquires specialty trade distributor SRS for $18.25 billion

The deal could expand Home Depot’s market by $50 billion.

‘I have a physical disability’: My sister and I will inherit our mother’s house, but it’s miles from anywhere. Should I force her to sell?

“I’d like to have a nest egg of my own for the future as I will need to pay for private care or for a senior-living center.”

Spirent turns back on Viavi in backing Keysight’s $1.46 billion takeover bid

London listed Spirent Communications called on shareholders to back Keysight Technologies’ takeover plan

Ten-year Treasury yields rangebound ahead of crucial inflation data

Bond yields nudged higher early Thursday, remaining within the week’s tight range as traders kept powder dry ahead of inflation data on Friday.

RH expects furniture demand to improve, after ‘the most challenging housing market in three decades’

Shares of RH rallied after hours on Wednesday, after the luxury furniture chain said it expected demand to pick up through this year, after contending with what it said was “the most challenging housing market in three decades.”

China faces a ‘lost decade’ if it fails to tackle its debts, says Ray Dalio

Billionaire investor Ray Dalio sees China heading for a ’100-year big storm.’

Ending 6% commissions could create a ‘Venus flytrap situation’ for home buyers, economist says

A proposed settlement announced by the National Association of Realtors could quickly saddle home buyers with additional costs, one professor said.

Walmart to refile paperwork on Vizio deal after ‘informal’ antitrust talks with feds

Walmart Inc. and smart-TV maker Vizio Holding Corp. said late Wednesday that they would refile paperwork related to their proposed merger.

GE Vernova, Solventum to join S&P 500 index next week

Newly minted GE Vernova and Solventum Corp., both soon to be officially spun off from two industrial giants, are hitting it big early: They are joining the S&P 500 index next week.

Fed’s Waller says there’s ‘no rush’ to cut U.S. interest rates

Federal Reserve Gov. Chris Waller said high inflation readings and strong job gains in early 2024 reinforce his view that “there is no rush” to cut U.S. interest rates.

Another CEO is leaving Discover. The company says he wasn’t expected to be there very long anyway.

Michael Rhodes, who is taking the CEO job at Ally Financial, was “not expected to have a long-term role” as Discover’s tie-up with Capital One looms.

‘Lagging’ housing market, high interest rates drag on MillerKnoll’s sales

The furniture maker said that a “lagging” housing market, rising interest rates, and other headwinds contributed to lower sales.
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