Wall Street, Treasury
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Atlanta-based Home Depot's revenue climbed in the first quarter as customers spent slightly more as they tackled smaller projects.
Walmart should “eat” tariffs … can the average U.S. consumer absorb them? … earnings estimates don’t support stock prices … Jeff Clark says lower prices are coming … but looking farther out, AGI stocks are where we want to be We’re anticipating a barrage of new trade deals,
Wall Street is heading toward the finish of a strong week as U.S. stocks drift close to the all-time high they set just a few months earlier
Moody’s cut the US sovereign credit rating to “Aa1” from “Aaa” late on Friday due to concerns about its ballooning $36-trillion debt, becoming the last of the three major credit rating agencies to downgrade the country. It had first given the United States its pristine “Aaa” rating in 1919.
That was in line with Wall Street’s expectations, according to analysts polled by FactSet. Net income rose 5% to $3.3 billion for the quarter. Adjusted for one-time items, the Atlanta company ...
Cameron McWhirter covers national affairs for The Wall Street Journal from Atlanta. Before joining the Journal, he reported for the Atlanta Journal-Constitution from 2003 to 2010. Previously ...