Economy

Home Depot recently cut its sales outlook, citing weaker consumer spending amid high interest rates and recession fears. The company's expecting same-store-sales to decline by 3 to 4% this year, a sharper drop than the 1% estimated. Home Depot’s CEO, Ted Decker, said, “During the quarter, higher

The markets are going through some serious drama right now, and everyone’s asking the same question: What’s behind this mess? Let’s start with the big one—recession fears. Last Friday, the US jobs report came out, and it was a lot weaker than anyone expected. We’re

The stock market’s got jitters. Fears of slowing growth are pushing investors to bail on big tech and other high-ticket stocks. It’s been a wild week, and last Friday didn’t help—stocks and bond yields took a nosedive after a weaker-than-expected July payrolls report showed job growth

Hey! Did you see the latest Job Openings and Labor Turnover Survey (JOLTS) report? Yeah, it's as exciting as it sounds. It's like the job market just hit the pause button. In June, the number of open positions dropped, layoffs stayed pretty much the same, and