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Home Depot sales see uptick from hurricane recovery

Home Depot expects a smaller decline in annual store sales following better-than-expected performance over the past three months, which was partly driven by hurricane recovery efforts. “As weather normalized, we saw better engagement across seasonal goods and certain outdoor projects as well as incremental sales related to hurricane demand,” CEO…

Billionaire Trump supporter drops out of running for Treasury secretary

Billionaire hedge fund manager John Paulson has chosen not to seek a job within President-elect Trump’s upcoming administration, FOX News confirmed Tuesday. Paulson, who has been an ardent supporter of Trump’s for years, was among a group of people being considered by Trump to be the next Treasury secretary. “I’m…

Wall Street bonuses expected to rise for first time since 2021: report

Wall Street firms are expected to pay out higher bonuses this year in what would be the first increase since 2021, according to a report by compensation consulting firm Johnson Associates. Bonuses are expected to rise after recent months saw an uptick in deal-making, the Federal Reserve cutting interest rates…

Netflix notches 70 million monthly active users on ad-supported plan

Netflix’s ad-supported plan has notched a new level of monthly active users. The ad-supported plan that the streaming giant offers in a dozen countries around the world has hit a whopping 70 million MAUs, according to Netflix.The company announced the new MAU figure on Tuesday, two years after it debuted…

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