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Home Depot Earnings Offer Glimmer Of Hope As Small Projects Offset Renovation Downturn
Home Depot Earnings Offer Glimmer Of Hope As Small Projects Offset Renovation Downturn
Home Depot reported stronger-than-expected second-quarter sales and profit as homeowners spent money on smaller do-it-yourself projects, giving the home-improvement retailer enough confidence to reaffirm its full-year outlook.
The frozen housing market, combined with elevated borrowing costs, has deterred homeowners from financing larger renovations, such as replacing exterior windows and doors or installing a new deck, and has also pressured Home Depot shares over the past year and a half.
However, second-quarter demand showed signs of resilience in smaller...
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Apr 1, 2026 / Tyler Durden
Johnson Caves To Thune On DHS Funding: Accepts Senate's Partial Bill That Ditches Voter ID, Leaves ICE Out In The Cold
Johnson Caves To Thune On DHS Funding: Accepts Senate's Partial Bill That Ditches Voter ID, Leaves ICE Out In The Cold
In a clear concession announced April 1, 2026, House Speaker Mike Johnson (R-LA) yielded to Senate Majority Leader John Thune (R-SD) and agreed to advance the Senate-passed bill funding most of the Department of Homeland Security (DHS) - explicitly excluding ICE and key CBP enforcement operations - while moving long-term immigration enforcement and border security funding to the partisan reconciliation process.
This is the same bill that Johnson and House R's rejected...
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Jul 21, 2026 / Jason Ditz
Lebanese Troops Deploy to Pilot Zone, Immediately Come Under Fire From Israelis
As was reported yesterday, Lebanese troops entered the Lebanese town of Zawtar al-Gharbiyeh as part of the agreed upon “pilot zone” program with Israel and the United States. This program was to see Lebanese military forces take over a handful of municipalities in southern Lebanon, some of which were previously under Israeli occupation. Shortly after […]
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Jun 1, 2026 / Tyler Durden
SK Hynix Evacuates Thousands Of Workers At Chip Plant After Fire, Toxic Gas Leak
SK Hynix Evacuates Thousands Of Workers At Chip Plant After Fire, Toxic Gas Leak
One week, unions are threatening labor action at memory giant Samsung. The next, SK Hynix suffers an industrial accident. Together, the events highlight just how fragile the global memory supply chain has become at a time when AI data center buildouts have already pushed memory chip supply into extraordinarily tight territory.
South Korea's main national wire service, Yonhap News Agency, reports that SK Hynix, the world's second-largest DRAM producer, evacuated about 3,600 workers from its Cheongju semiconductor...
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