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Here's why Home Depot and Lowe's are booming in a housing market meltdown

Here’s why Home Depot and Lowe’s are booming in a housing market meltdown

A home improvement contractor works on a home in Cambridge, Massachusetts. Suzanne Kreiter | The Boston Globe | Getty Images As the U.S. housing market falls hard from its pandemic-induced highs, home improvement retailers like Home deposit and Lowe’s doesn’t seem to feel the same pain. In fact, they’re doing better than expected. Although home …

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Here's why it may take a while for housing inflation to cool

Here’s why it may take a while for housing inflation to cool

An ‘open house’ flag is displayed outside a single family home on September 22, 2022 in Los Angeles, California. Dinner Allison | Getty Images There are signs that inflation could fall further in the coming months, but housing threatens to dampen any improvement. The consumer price index, a key barometer of inflation, rose 7.7% in …

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Cramer: Why tech isn't finding a bottom as other parts of the market show signs of life

Cramer: Why tech isn’t finding a bottom as other parts of the market show signs of life

Lots of companies were clocked in the last week. We found weaknesses in a host of industries ranging from media and gambling to cloud computing and software sales. The pain in the tech sector seems to know no bounds, as we mark a year ago this month since the Nasdaq last closed at an all-time …

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