For many Americans, the classic carol “I’ll be Home for Christmas” will literally describe their plans this holiday weekend, as most opt to celebrate in place amid the ongoing pandemic. Only about a quarter of people nationwide will travel for Christmas and New Year’s, down from about one-third or so …
Read More »West Virginia Gov. Jim Justice on nursing home rollout
West Virginia is on track to administer Covid-19 vaccines at all of its long-term care facilities by the end of this year, Republican Gov. Jim Justice told CNBC on Tuesday. It would mark a significant milestone in West Virginia’s efforts to dampen the impact of the coronavirus. Despite making up …
Read More »At Home CEO says retailer can increase its store count almost threefold
At Home CEO Lee Bird on Thursday told CNBC’s Jim Cramer that business has grown exponentially during the pandemic and that the company has expansion plans on the horizon. While the home decor superstore invests in building out its digital presence, the company continues to see opportunity in physical stores, …
Read More »6 productivity apps to help you survive working from home
While some American workers have gone back to the office, Gallup’s recent annual Work and Education poll shows that 33% are still working remotely full-time due to the coronavirus pandemic, with an additional 25% working from home part-time. Nearly two-thirds of U.S. workers who have been working remotely during the …
Read More »Shoppers finding comfort in scented candles, home fragrances
Voluspa scented candles for sale at Bloomingdale’s Inc. flagship department store in New York, U.S., on Wednesday, Oct. 21, 2020. Nina Westervelt | Bloomberg | Getty Images Perfume and cologne are typically popular holiday gifts. This year, however, the beauty industry is getting a boost from a different kind of …
Read More »Nio, Xpeng, other EV rivals line up to challenge Tesla on home turf
Citron founder Andrew Left, known for some big short calls, recommended Nio shares, now worth $45 each, at $7 two years ago. Now he is short the name and says of the recent gains in multiple EV makers, “The fact is that retail investors take everything to be the next …
Read More »Home Depot and Lowe’s earnings boosted by pandemic-induced ‘nesting’
When the coronavirus pandemic hit, many Americans not only switched to working remotely and cooking more meals. They began checking off tasks on the “to do list,” from painting walls to replacing old appliances. Home Depot and Lowe’s reported that appetite for home improvement continued in the third quarter, as …
Read More »Home Depot (HD) Q3 2020 earnings
A customer wears a protective mask while unloading purchases off a cart outside a Home Depot Inc. store in Reston, Virginia, on Thursday, May 21, 2020. Andew Harrer | Bloomberg | Getty Images Home Depot is set to report third-quarter earnings on Tuesday before the market opens as the retailer …
Read More »Retail earnings, stocks to watch, Walmart, Home Depot, Lowe’s, Target
Earnings season turns its focus to retail this week. Dow stocks Home Depot and Walmart join Lowe’s, Macy’s and Kohl’s with reports out in the next few days. Those releases will shine a light on consumer spending during the pandemic. “If you look at the places where [consumers] are spending …
Read More »‘Find excuses’ to stay home during ‘one last’ Covid surge
Dr. Scott Gottlieb on Thursday urged Americans to take precautions in their daily life to cut down on coronavirus transmission, as the nation continues to experience a worrisome growth in new Covid-19 cases and hospitalizations. “We have to get through the next two or three months, and so this is going to …
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