The US Sun

SHOPPERS are growing increasingly frustrated with two of the nation’s largest chains. Despite increasing customer complaints, both Walmart and Home Depot have refused to implement a common payment method. “At this point, if you don’t accept Apple Pay you don’t accept me,” Alexis D. Shelton wrote on Facebook. Apple Pay launched a decade ago as […]

Angry shoppers fear Home Depot and Walmart will ‘lose battle’ after being last stores to not accept easy payment method

The Associated Press

DETROIT (AP) — Investors are punishing automakers’ stocks this week after second-quarter earnings reports exposed industrywide issues of slowing sales and high prices, just as the companies are having to spend huge sums to make new electric and gas vehicles. Each auto company has unique problems, but common to many are growing vehicle stockpiles on dealer lots, requiring increased discounts to sell them to buyers with stressed-out household budgets. Ford Motor Co., which reported a drop in second-quarter earnings due electric-vehicle losses and persistently high warranty costs, led the declines. Its shares have fallen 20% this week. But others such as General Motors, Tesla, Stellantis and Nissan, all saw their shares drop about 8% or even more. Carlos Tavares, CEO of Jeep and Ram maker Stellantis, said a significant auto-industry storm he’s been warning about for several years has arrived. “We are in it,” he told reporters after releasing disappointing earnings Thursday. “For me, it’s a no brainer that this industry is going to be in turmoil.”

Automakers hit 'significant storm,' as buyers reject lofty prices at time of huge capital outlays

Consumers are just not buzzing about energy drinks at the moment. Popular energy drink maker Monster Beverage missed sales expectations for the second quarter. On Wednesday, Monster reported net sales of $1.90 billion, lower than the expected $2.01 billion analysts predicted. For the three months that ended on June 30, the company reported a profit of 41 cents per share versus a 45 cents per share projection. However, recent net sales beat revenues of $1.85 billion for the same time period last year.

Monster Beverage’s Sales Fall Short of Expectations, Blames Convenience Stores

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

Home Depot says consumers are feeling crummy about the economy, and they’re dishing out less to remodel their homes.

Home Depot issues a warning about the economy

Community Voices represent independent, third-party users who have joined our contributor program but not yet verified their accounts. Community Voices are expected, like all users, to adhere to our Community Standards.

community_voice

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

General Motors on Monday revealed redesigned versions of its entry-level GMC Terrain crossover, including a new standard "Elevation" model. The vehicle features a more rugged exterior design as well as a new interior with 26 inches of standard information and control screens. The Terrain is typically one of the bestselling...

GM reveals redesigned GMC Terrain as brand's entry-level model

Around six years ago, married couple Christina, 37, and Noah, 35, took $10,000 out of the bank. The money had been sitting idle in an old personal account of Christina's, but a documentary on the bank's practices prompted the couple to get the money out of there, they told self-made millionaire and money expert Ramit Sethi on a recent episode of his "I Will Teach You to be Rich" podcast. Their last names were not used.

Millennial couple left $10,000 in cash sitting in a closet for years — why they still stress about money

Polk County, FL

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.

contributor

Fort Meade, FL

Uncovering Florida

The Polk County Sheriff's Office has made an arrest after conducting an investigation into a case of credit card fraud involving 28-year-old Burger King employee, Kellyn Miley. The incident was discussed in detail during this morning's briefing with Sheriff Grady Judd.

Burger King Employee Caught Using Customer's Credit Card for Food at Former Job

A "record-breaking backlog" of pending actions has led to an estimated $1.1 billion in improper beneficiary payments, according to a new report. Experts say the Social Security Administration needs more funding in its budget to properly address a "customer service crisis." The Social Security Administration faces a "record-breaking backlog" of...

'Record-breaking backlog' leads to $1.1 billion in improper Social Security payments, report finds

NBC News

Starbucks on Tuesday reported quarterly revenue that missed analysts’ expectations as both its U.S. and international cafes faced weaker demand. Shares of the company rose more than 1% in extended trading. Here is what the company reported compared to what Wall Street was expecting, based on a survey of...

Starbucks is reeling as customers go elsewhere, sales decline

Starbucks, Coca-Cola Seek Trademark Renewal in Russia(Kevin Dietsch/Getty Images) (Credit: Getty Image) Starbucks' sales tumbled globally as more US and international consumers rejected its high-priced coffees. Starbucks sales dropped by 3% globally at all stores open for at least a year, according to its recent financial release. In North America...

Starbucks Sees Declining Sales as More Consumers Step Away From High-Priced Coffee

Amazon's sales results and guidance came up short of analyst expectations. The company has a big opportunity with AI and advertising. The stock is trading below historical valuations, but is still a bit pricey given its recent growth. The company has solid opportunities in the areas of AI and advertising.

Should Investors Buy the Dip in Amazon Stock After Shares Slide on Revenue Miss?

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?

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

Macy's will set off a wave of change at malls, as it closes about 150 namesake stores across the country by early 2027. The department store operator has long been a mall anchor, with stores that range between 200,000 and 225,000 square feet. Mall owners could convert the former Macy's...

Apartments, hockey rinks and Amazon warehouses: Macy's closures will set off a wave of change at shopping malls

Jeff Kilburg, Founder and CEO of KKM Financial, discusses earnings from Home Depot.

Kilburg: Worst is priced into Home Depot heading into earnings

Douglas, GA

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

Weston, FL

Writers represent independent, third-party users who have joined our contributor program and self-verified their accounts. Writers are expected, like all users, to adhere to our Community Standards.

writer

Akeena

If Mangia & Bevi Pizzeria Napoletana in Weston has been on your radar, you might want to know about some recent hiccups they’ve encountered. The pizzeria was ordered to close on July 29, and here’s what the health inspectors found:

Florida Pizzeria closed for 14 Violations- Employee touching ready-to-eat food with their bare hands

J. Souza

Once a staple on cruise ships, libraries are becoming a relic of the past, particularly on Carnival Cruise Line vessels. The cruise line has confirmed that it no longer includes libraries in the design of new ships, a decision that has sparked both disappointment and understanding among passengers.

Why is Carnival Quietly Phasing Out a Popular Ship Amenity?

NewsBreak

Home Depot expects sales to weaken as consumers grow more cautious

Home Depot's fiscal second-quarter earnings and sales beat expectations, but it said it expects comparable sales to decline this year. The home improvement retailer's CFO told...

Home Depot expects sales to weaken as consumers grow more cautious

Comments / 0