CBS News

Americans are putting off major upgrades to their homes as they await lower interest rates and amid ongoing unease about the U.S. economy, Home Depot said Tuesday. The company lowered its sales expectations for the year, blaming weaker consumer spending.The company now forecasts 2024 sales at its locations open at least a year to fall between 3% and 4%. Its prior outlook called for a drop of roughly 1%.Home Depot joins other major corporations that have cautioned about a pullback in consumer spending, with the likes of McDonald's and Starbucks also reporting inflation-weary Americans are getting choosier in where they spend...

Home Depot warns consumers are cutting back amid economic uncertainty

Brian Nagel, Oppenheimer & Company senior equity research analyst, joins 'Squawk Box' to break down Home Depot's quarterly earnings results.

Oppenheimer's Brian Nagel on Home Depot: The sales weakness is going to persist for a while

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NewsNinja

"They accidentally gave us 2 washers and a dryer when we only ordered 1 of each". Last month, Lowe’s experienced a glitch that lowered the price of its $2,300 Midea jumbo capacity refrigerator to just $169.

‘Lowe’s messed up’: Shopper says they got $2,300 fridge at Lowe’s for just $169

Florida State

Orlando, FL

Markets Insider

Homebuyer cancellations are cropping up in Florida after a meteoric rise in home prices.

Florida's housing market is seeing 'nightmare scenarios' as buyers back out due to affordability concerns, Redfin says

Charlotte, NC

Tampa, FL

Fox Business

A new report published by Realtor.com found that the share of available home listings that saw a price cut in July rose to the highest level in two years.

Home prices are finally starting to fall – and they dropped the most in these 3 cities

GOBankingRates

Housing prices have been increasing for the past decade, with median home values soaring to record highs in 2021. While the market has cooled slightly, high mortgage rates and low inventory have kept...

Will Home Prices Crash in 2026?

This stock has crushed the broader S&P 500 since its IPO in 1981. A much larger store base has helped generate significantly greater revenue and earnings. Despite a slowdown, demand should pick up and be healthy for several years into the future. This dominant company has done a fantastic job...

1 Stock That Turned $1,000 Into Nearly $30 Million

One Walmart shopper is issuing a warning against buying meat at the massive retail chain—but the reason why isn’t strictly tied to Walmart. It seems that customers at stores such as Walmart believe it's acceptable to grab perishable items, such as meat or dairy, and then place them on any available shelf if they decide they no longer want them.

Walmart customer shares why they will never shop for meat at the store leaving viewers torn

Although the first day of fall is still over a month away on the calendar, food and beverage brands are betting big on their seasonal bestsellers early, rolling out the return of pumpkin spice lattes. For fans of the sweet and spicy aromas of ginger, clove, cinnamon and nutmeg, the...

Pumpkin spice latte season returns: Where to get the coveted fall flavors early

Loudoun County, VA

Ashburn, VA

ABC News

Surveillance video provided by officials showed the suspect -- an adult male -- wearing dark clothing, a dark cap and a backpack.

Trump campaign office burglarized in Virginia; officials release photo of suspect

Valrico, FL

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Akeena

Hey there, Floridians! If you're a fan of fresh produce and a farmer's market vibe, you might have some mixed feelings about the news from Valrico. The Fresh Market, known for its focus on organic options and quality meats and cheeses, is set to close its doors in the Lithia Crossings shopping center.

Grocery chain known for Organic options and quality meats is set to close its doors in Florida

North Carolina State

Town Talks

In North Carolina, the divorce process can be challenging, particularly due to the mandatory one-year separation requirement. This law mandates that couples must live separately for at least a year before filing for divorce, a rule that can be frustrating for many.

You might be granted a divorce in North Carolina if your spouse is ‘incurably insane.’ Here’s how

Douglas, GA

Contributors represent independent, third-party users who have joined our contributor program and self-verified their accounts. They have also demonstrated their experience writing hard news for other outlets. Contributors are expected, like all users, to adhere to our Community Standards.

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Daily Coffee Press

A local Walmart employee was recently arrested on a misdemeanor charge after allegedly stealing over $60 worth of merchandise from the store. Additionally, she faced a felony charge after officers discovered suspected methamphetamine in her locker during the arrest.

Douglas Walmart Employee Arrested for Methamphetamine Possession and Shoplifting

New Hampshire State

New York AG Letitia James is asking nearly a dozen tech companies to protect voters from election-related misinformation, according to a letter obtained by ABC News.

New York AG warns tech giants against allowing election-related misinformation

Steve B Howard

I've covered Muscle Cars from the 1960s and 1970s I like, Muscle Cars that had the best performance, cars that I have owned, fast cars that I have driven, and even classic VWs that I think are cool most recently.

Longest-Lasting Cars: Top 3 Most Reliable Models

Pompano Beach, FL

In a shocking revelation, Kings Mart, a grocery store in Pompano Beach, has been slapped with a series of severe health violations by the Florida Department of Agriculture. The inspection, carried out by Francis Odio, uncovered a disturbing range of problems that have led to the immediate closure of several sections of the store.

An inspection found bugs in the food and rodent poop on the shelves at a Florida grocery store

WASHINGTON -- Wholesale price increases in the United States eased in July, suggesting that inflation pressures are further cooling as the Federal Reserve moves closer to cutting interest rates, likely beginning next month. The Labor Department reported Tuesday that its producer price index — which tracks inflation before it reaches...

US wholesale inflation cooled in July in sign that price pressures are continuing to ease

Kentucky State

Northern Kentucky Tribune

Gov. Andy Beshear sent a letter to Anne Milgram, administrator for the U.S. Drug Enforcement Administration (DEA) on Wednesday, expressing his support of the U.S. Department of Health and Human Services’ recommendation that the DEA ease restrictions on marijuana.

Gov. Andy Beshear pens letter to DEA in support of easing federal restrictions on marijuana

Ohio State

The Lantern

On Tuesday, licensed Ohio dispensaries began legally selling non-medical marijuana to consumers; however, the drug’s possession, growth and/or usage are still prohibited on Ohio State’s campus. Credit: Jefferee Woo/Tampa Bay Times/TNS [Original caption: Four citizen-led petitions with proposals to update Dallas’ charter hit the 20,000 valid signature threshold to make it on the Nov. 5 election ballot, including one that would ban police officers from arresting or citing people carrying less than four ounces of marijuana.] As of Tuesday, students 21 and older can now legally purchase marijuana in Ohio.

Dispensary sales of recreational marijuana began Tuesday; possession and usage still prohibited on Ohio State’s campus

Denver, CO

David Heitz

No, pallet shelters for people experiencing homelessness don’t fold into caskets. It’s a question a reader posed one of the first times I wrote about pallet shelters. I find the pallet shelters to be more palatable than ice fishing tents. The Colorado Village Collaborative operates both micro-communities and the so-called Safe Outdoor Spaces with the tents. We all learned the tents are not safe when a fire roared through a CVC Safe Outdoor Space, destroying the compound quickly. Officials never disclosed a cause of the fire.

Opinion: No, pallet shelters for homeless in Denver, Aurora don’t fold into caskets

NewsBreak

Home Depot, sensing uneasy economic vibe from homeowners and contractors, trims outlook for 2024

Home Depot's second-quarter sales rose slightly as the nation's biggest home improvement retailer benefitted from an $18 billion acquisition this spring, but customers continued to rein...

Home Depot, sensing uneasy economic vibe from homeowners and contractors, trims outlook for 2024

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