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Home Depot says homeowners are holding back over concerns about 'housing affordability and job losses'

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Continued uncertainty is the number one reason Home Depot customers say they aren't investing in large projects, CEO Ted Decker said. Justin Sullivan/Getty Images Home Depot continues to weather sluggish sales as part of a larger home improvement slump. Customers tell the company they're delaying moves and renovations over financial worries. "Hopefully we're bouncing along the bottom of turnover," CEO Ted Decker said of the housing market. It's hard to commit to financing a new home or renovation project if you're not sure you'll have a job to pay for it. Economic concerns like job losses and overall affordability continue to weigh on home improvement retailers, including Home Depot, which reported nearly flat comparable sales growth for both the quarter and full fiscal year on Tuesday. "Continued consumer uncertainty: That's still the number one reason why people are telling us, our customers are telling us that they're not in...

A research report warning of an AI-driven recession and stock crash has gone viral and spooked investors

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Craig T Fruchtman/Getty Images The AI trade has boosted markets, but one market research firm has a warning for investors. Citrini Research's hypothetical scenario sees AI leading to a stock crash and a consumer-led recession. The report was among the catalysts causing fresh volatility in software stocks on Monday. The AI trade has boosted the market for years now, with its rapid growth being felt by the broader economy as companies keep spending. However, one research firm thinks the AI story will not end well for investors or everyday Americans. Stocks tumbled on Monday after a report circulating online from Citrini Research raised fresh fears about the impact of AI. The Dow was down by more than 800 points around midday, and the Nasdaq fell more than 1%. Software stocks were among the biggest losers, with names including AppLovin , Asana , DocuSign , and Zscaler down sharply. Citrini, a firm focused on thematic equity investing, theorized about the long-term imp...

Trump's Netflix threat is a warning to every CEO

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Donald Trump wants Netflix to drop a board member. It's unlikely that will be his last demand of corporate America. Mandel NGAN / AFP via Getty Images President Donald Trump wants Netflix to boot board member Susan Rice. Netflix wants Trump's approval for its planned purchase of Warner Bros. Discovery. Corporate governance isn't supposed to involve the White House. But that's the new normal in Trump 2.0. Netflix wants President Donald Trump's stamp of approval as it maneuvers to buy Warner Bros. Discovery. Now, Trump has a demand for Netflix: unseat board member Susan Rice . In normal times, we would all be marveling at the spectacle of the US president telling a company in the midst of a merger fight ( Paramount also wants to buy Warner Bros. Discovery ) how to structure its board. During Trump 2.0, though, this has become standard stuff. Trump routinely tells companies to fire someone he doesn't like or do something he does like. That doesn't m...

Blizzard triggers New York City travel ban as airlines cancel thousands of flights

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Canceled flight at LaGuardia Airport ahead of massive i=winter storm. CHARLY TRIBALLEAU / AFP A significant winter storm will pummel much of the Northeast from Sunday to Monday. Airlines are delaying and canceling thousands of flights as a result. Adding to the travel chaos, Homeland Security said it would shut down TSA PreCheck and Global Entry. The Monday morning commute won't be messy in New York City. It will be nonexistent. New York City Mayor Zohran Mamdani declared a state of emergency and a travel ban during a press conference on Sunday as a giant winter storm bore down on much of the Northeast. The National Weather Service said to expect blizzard conditions and up to 20 inches of snow over the next 24 hours. Parts of New Jersey, Rhode Island, and Massachusetts could get up to 25 inches. "The state of emergency closes the streets, highways, and bridges of New York City for all traffic," Mamdami said. The travel ban begins at 9 p.m. Sunday and lasts un...

How to watch Olympic Ice Hockey: Live stream 2026 Winter Games free from anywhere

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When you buy through our links, Business Insider may earn an affiliate commission. Learn more Geoff Burke/IMAGN IMAGES via Reuters Connect The final days of the Winter Olympics have arrived, and the race is on for the gold. We've gathered everything you need to know about how to watch Olympic ice hockey, including free and global streaming options. Ice hockey has become one of the most anticipated parts of the Winter Olympics over the past 100 years, and the stakes are only heightened after last year's frosty Four Nations Face-Off. Additionally, there's an added layer of hype as it's the first time in over 10 years that NHL players are allowed to compete. Canada has historically dominated ice hockey in both the men's and women's tournaments, but the United States women's team beat their northern neighbours to the gold this week. The USA and Canada will meet again as the men's teams compete in the gold medal match on Sunday. The men's bronze m...

Where to watch college basketball: Live stream the remainder of the 2026 season

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When you buy through our links, Business Insider may earn an affiliate commission. Learn more The UConn women's team and Michigan men's team have put up two of the most impressive runs so far in the 2025-2026 college basketball season. Kamil Krzaczynski/IMAGN IMAGES via Reuters Connect As the college basketball regular season reaches its last couple of weeks and March Madness approaches, it might be time to start tuning into games to help determine your bracket. We've gathered everything you need to know about where to watch college basketball, including live streaming options for those without cable. The UConn Huskies women's team and Florida Gators men's team won their respective National Championships in 2025, and it's safe to say that both teams started the season looking to go back-to-back. UConn has held up its end of the bargain, currently undefeated and ranked No. 1 at the time of writing. Currently ranked No. 12, the Gators have had a trickier sea...

We paid $9,000 for the cheapest room on an ultra-luxury Caribbean cruise. See inside our ship and 302-square-foot suite.

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When planning a multigenerational trip to the Caribbean during the busy holiday season, our family settled on an ultra-luxury cruise. David Morris We booked the least expensive suite on a Seabourn ultra-luxury cruise for about $9,000. After crunching numbers and seeing high-end resort prices, this felt reasonable for a family trip. We loved getting to see lots of new places and not worry about having to plan our meals. I paid $9,000 for what was technically the cheapest room on an ultra-luxury cruise — a price that initially felt steep until I compared it with alternatives. My family had been planning a multigenerational trip to the Caribbean during the busy period between Christmas and New Year's Eve, which is also one of the most expensive travel weeks of the year. We wanted something that felt indulgent without becoming logistically exhausting or financially disproportionate once all the extras were added up. At first, we looked at high-end beach resorts , but the...