
Lowe's Cuts Annual Forecast as DIY Purchases Decline
The home-improvement retail giant acknowledged softening demand for big DIY renovation projects, but held on to growth thanks to its Pro segment and online sales.
Economic analysis and indicators

The home-improvement retail giant acknowledged softening demand for big DIY renovation projects, but held on to growth thanks to its Pro segment and online sales.
Hims & Hers CEO Andrew Dudum is urging companies with large proprietary data sets to move from closed AI models to open-weight models.

A new Circana report finds the 2026 back-to-school shopping season will be average at best, with growth driven mainly by higher-income households.
Santa Clara University professor Ram Bala compares Big Tech's financial tactics to those of Enron, the energy company that collapsed in 2001 — but in his view, the resemblance doesn't mean the AI bubble is about to burst.
JPMorgan Chase CEO Jamie Dimon warned UK Chancellor of the Exchequer John Healey about the negative consequences of raising taxes on banks, drawing on the experience of the US financial sector.
Analyst Dhaval Joshi argues that the AI market isn't inflating one giant bubble but a rolling series of them — a view that explains the wild swings in software stocks, silver and semiconductors.
The US and Japan conducted a joint currency intervention to support the yen for the first time in 30 years, but experts warn the risks remain.
More than $100 billion in tariff refunds returned to US companies is accelerating third-quarter GDP growth.
US goods trade could top $6 trillion for the first time in history in 2026 — driven chiefly by a surge in imports of computer hardware for building AI data centers.
A bill known as the Delivery Protection Act, backed by New York Mayor Zohran Mamdani, would require Amazon to hire delivery drivers directly as employees rather than through subcontractors — sparking a fierce dispute between labor unions and the business community.