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Home Depot, much like Wall Street, closely monitors the Federal Reserve’s decisions regarding interest rates. As Chief Financial Officer Richard McPhail highlighted in an interview with CNBC, higher interest rates have caused homeowners to delay moving into new houses or commencing major projects that require financing. The prospect of a potential interest rate cut has
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European stocks experienced a slight increase on Tuesday, with the pan-European Stoxx 600 index trading 0.2% higher. This rise came after last week’s volatility, and market participants were closely monitoring the latest economic data. While utilities saw a boost of 0.8% in gains, mining stocks slipped by 0.7%. These fluctuations were reflective of the mixed
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The rollout of the new Free Application for Federal Student Aid, better known as FAFSA, has been widely regarded as disastrous. Many college students are still unsure about the status of their aid awards for the fall semester. Beth Maglione, interim president and CEO of the National Association of Student Financial Aid Administrators, criticized the
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Elon Musk’s much-anticipated interview with former President Donald Trump on the social media platform X hit a roadblock due to technical glitches at the scheduled start time. Users trying to access the livestream reported difficulties with the platform, leading to delays and frustration among viewers. Shortly after the scheduled start time, Musk attributed the freezing
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