Home Depot CEO Ted Decker is taking a “temporary medical leave of absence” for the next few months and the company has appointed two top deputies to lead until he returns, the retailer announced on Wednesday. Ann-Marie Campbell, Home Depot’s senior executive vice president of U.S. stores and operations, will oversee day-to-day operations while finance…
A shopper browses fresh fruit at a grocery store in Wilmington, North Carolina, US, on Saturday, Aug. 8, 2026. Allison Joyce | Bloomberg | Getty Images A key inflation reading Wednesday showed prices moderating across a range of goods and services, possibly taking the urgency out of an imminent interest rate hike. The consumer price…
Nvidia CEO Jensen Huang speaks to members of media outside a restaurant in the Hongdae district of Seoul, South Korea, June 5, 2026. SeongJoon Cho | Bloomberg | Getty Images Jensen Huang built the world’s most valuable company by pioneering the specialized computer chips behind the artificial intelligence boom. To keep his vision for the…
The General Motors global headquarters in Detroit, Jan. 12, 2026. Jeff Kowalsky | Bloomberg | Getty Images DETROIT — General Motors has reached a unique, multibillion-dollar parts deal as it aims to preserve cash and prevent supply chain disruptions like ones that have hit the global automotive industry this decade. In a public filing Tuesday,…
An important inflation report Wednesday could give the Federal Reserve a little breathing room in its battle against inflation. The consumer price index, due at 8:30 a.m. ET from the Bureau of Labor Statistics, is expected to show only a modest increase for July — 0.1% on the all-items headline number and 0.2% for the…
President Donald Trump‘s latest executive order calls for splitting the measles, mumps and rubella, or MMR, vaccine into three separate shots – but doctors and other experts say that effort has no scientific basis and is unlikely to get off the ground. Trump on Monday said without evidence that the vaccine could be “quite lethal”…
The CEO of Invitation Homes, the nation’s largest single-family rental landlord, said he believes the recently passed housing bill that bans investors like him from buying existing homes will eventually lower home prices, but not in the short-term. “I believe in the medium- to long-term, it definitely will,” said Invitation Homes chief executive Dallas Tanner….
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., during the Pennsylvania Defense and Innovation Summit in Carlisle, Pennsylvania, July 15, 2026. Tom Brenner | Bloomberg | Getty Images LOS ANGELES — For years, JPMorgan executives have been talking with Olympics organizers about sponsoring the games. Before the next event, taking place in Los…
NY Fed: Credit card debt hits $1.26 trillion, K-shaped divide persists Search quotes, news & videos Source link
US President Donald Trump speaks during the Trump Accounts Launch Summit in Washington, DC, US, on Wednesday, Jan. 28, 2026. Valerie Plesch | Bloomberg | Getty Images The U.S. Treasury Department and IRS proposed regulations this week on how employers and employees can fund Trump Accounts, the new tax-deferred investing option for children. The proposed regulations…