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Tenant advocate condemns ruling that allowed British Columbia landlords to raise rent by 27% after price hikes


Tenant advocate condemns ruling that allowed British Columbia landlords to raise rent by 27% after price hikes

VANCOUVER — Lawyer Rob Patterson says the phones at British Columbia’s Tenant Advice and Resource Centre have been ringing off the hook, but he fears the decision to allow a landlord to raise rent by 27 per cent will drive up demand for the centre’s services even further. Patterson, a legal counsel for the centre, […]

Home Depot: Customers spend less due to economic “uncertainty” and interest rates


Home Depot: Customers spend less due to economic “uncertainty” and interest rates

ATLANTA (TND) — Home Depot said Tuesday that customers are cutting back on spending due to higher interest rates and economic uncertainty. The retailer’s sales for the second quarter of this fiscal year fell 3.3 percent compared to the same period last year. Net profit also shrank by $100 million, according to the company. “During […]

Homeowners still putting off major remodels due to high prices, says Home Depot CEO


Homeowners still putting off major remodels due to high prices, says Home Depot CEO

Homeowners are still waiting for breaks in renovation projects. The high interest rates of recent years have forced millions of Americans to limit or postpone their plans to remodel or renovate their homes. “The higher interest rates have started to impact the housing market, particularly housing sales, which are down about 40%. And I think […]

Home Depot senses unsettled economic sentiment among homeowners and builders and lowers forecast for 2024


Home Depot senses unsettled economic sentiment among homeowners and builders and lowers forecast for 2024

Home Depot’s sales rose slightly in the second quarter as the nation’s largest home improvement retailer benefited from an $18 billion acquisition in the spring, but customers continued to hold back on spending due to higher overall costs and increased interest rates. According to a survey by Zacks Investment Research, sales rose to $43.18 billion […]

What you should know this week


What you should know this week

After a volatile trading week on Wall Street, the stock market ended the week virtually where it left off last Friday. Panic broke out in financial markets on Monday as the unwinding of the yen carry trade increased volatility after investors quickly priced in a higher likelihood of a recession and further easing of monetary […]

“I like the stock very, very much”


“I like the stock very, very much”

We recently published a list of Jim Cramer talks about these 10 stocks as the market recovers. With Shopify Inc (NYSE:SHOP) ranking fifth on the list, the company deserves a closer look. Jim Cramer, on his recent show on CNBC, discussed the recent market rally, which was followed by a massive sell-off on Monday. He […]

Is The Home Depot, Inc. (HD) a good consumer goods stock to add to your portfolio?


Is The Home Depot, Inc. (HD) a good consumer goods stock to add to your portfolio?

We recently published a list of The 10 best consumer goods stocks to buy, according to hedge funds. In this article, we take a look at where The Home Depot, Inc. (NYSE:HD) is performing compared to other stocks in the Consumer Discretionary sector. Many experts and analysts are concerned about a decline in consumer spending. […]

“I like the stock very, very much”


“I like the stock very, very much”

We recently published a list of Jim Cramer talks about these 10 stocks as the market recovers. With Shopify Inc (NYSE:SHOP) ranking fifth on the list, the company deserves a closer look. Jim Cramer, on his recent show on CNBC, discussed the recent market rally, which was followed by a massive sell-off on Monday. He […]

What are the pros and cons of refinancing your home? What you should know


What are the pros and cons of refinancing your home? What you should know

Selling your house? Avoid advertising in winter When is the best time to list your home for sale? There is general consensus about when you should list your home for sale. With interest rates falling, homeowners are now trying to refinance their mortgages in droves in the hope of reducing their mortgage debt by trading […]