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Lowe's CEO Warns Housing Market "Most Difficult" Since Financial Crisis As DIY Project Demand Crumbles
Lowe's CEO Warns Housing Market "Most Difficult" Since Financial Crisis As DIY Project Demand Crumbles
Home improvement retailers such as Home Depot and Lowe's warned this week that consumers remain reluctant to splurge on big-ticket home improvement items, as elevated mortgage rates, high home prices, energy inflation, weakening sentiment, and broader macroeconomic uncertainty weigh on demand.
Let's begin with Home Depot, which on Wednesday reported mixed first-quarter results. At the same time, management said on the conference call that it is not expecting a "marked improvement in underlying demand."
Bernstein analyst Zhihan...
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Mar 3, 2026 / Dave DeCamp
Trump Considers Backing Kurdish Militants Against Iranian Government
President Trump is open to backing militant groups who are willing to fight the Iranian government, The Wall Street Journal reported on Tuesday. Among the groups Trump is considering supporting are Kurdish forces based in Iraq, who have thousands of troops along the Iran-Iraq border, an idea first raised by Israeli President Benjamin Netanyahu during […]
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Apr 17, 2026 / Tyler Durden
Massive Cosmic Test Shows Newton And Einstein Still Explain Gravity Accurately
Massive Cosmic Test Shows Newton And Einstein Still Explain Gravity Accurately
Authored by Neetika Walter via Interesting Engineering,
Scientists have tested gravity across some of the largest structures in the universe and found that it behaves exactly as predicted by long-standing physical laws.
Galaxies and clusters trace gravity’s pull across the universe.iStock Photos
Researchers led by University of Pennsylvania used data from the Atacama Cosmology Telescope to examine how galaxy clusters move across vast cosmic distances.
Their results show that gravity weakens with distance in line with the inverse-square law first described by Isaac...
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May 13, 2026 / Dave DeCamp
Report: Saudi Arabia Bombed Iraqi Militias During US-Israeli Bombing Campaign Against Iran
Saudi Arabia bombed targets in Iraq linked to the country’s Shia militias that are aligned with Tehran during the US-Israeli bombing campaign against Iran, Reuters reported on Wednesday. Sources told the outlet that Saudi fighter jets launched strikes against targets near Saudi Arabia’s border with Iran and that some attacks occurred around the time the […]
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