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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...

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...

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...

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...

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...