Home Depot Expects Sales Growth to Slow in 2022
Sales growth will likely slow this year for Home Depot Inc., the home-improvement retailer said Tuesday, an indication that the...
Building construction
Covid Is Making Many Offices Obsolete. Here’s What Happens to Them Next.
Allstate Corp.’s suburban campus outside Chicago, with its interconnected buildings, manicured grounds and acres of parking, represented a new vision...
China Moves to Boost Slowing Economy
HONG KONG—China’s central bank said it would reduce the amount of money banks are required to set aside as it...
Consumers Trade Rib-eye for Ground Beef as Grocery Prices Rise
Americans are cutting back on steak as rising grocery prices squeeze spending. Supermarkets say shoppers are buying more store-brand meat...
Farewell Offshoring, Outsourcing. Pandemic Rewrites CEO Playbook.
Uncertainty in the global supply chain is driving executives to seek operations away from cheaper countries to locales affording greater...
China Evergrande Spillover Risks Can Be Controlled, Central Bank Says
China’s central bank sought to ease concern about potential contagion from China Evergrande Group’s EGRNF 0.41% debt crisis, saying the...
TSMC to Build Chip Factory in Japan as It Faces Surging Demand
The Japan factory is the most recent expansion plan for TSMC, the world’s largest contract chip maker, as it faces...
Towns Trying to Ban Natural Gas Face Resistance in Their Push for All-Electric Homes
Massachusetts is emerging as a key battleground in the U.S. fight over whether to phase out natural gas for home...
U.S. Median Existing-Home Price Hit New High in June
The median U.S. home price rose to a new high of $363,300 in June as strong demand pushed home sales...
Saudi Retail Magnate To List 432 Park Penthouse For as Much as $170 Million
Saudi retail and real-estate magnate Fawaz Al Hokair is planning to list his penthouse at 432 Park Avenue—one of New...
Battle Brews Over Banning Natural Gas to Homes
A growing fight is unfolding across America as cities concerned about climate change consider phasing out natural gas for home...
U.S. Home Prices Push to Record High, Slowing Pace of Purchases
America’s home-buying frenzy is cooling off for the first time since it heated up last year, as limited inventory and...
Home Depot Sales Surge, Extending Growth During Pandemic
Home Depot Inc. HD -0.50% extended a streak of robust year-over-year sales growth in the February-through-April quarter as a rise...
Despite Lumber Boom, Few New Sawmills Coming
North America’s sawmills can’t keep up with demand, which has sent wood prices on a meteoric rise. Don’t expect new...
Tight Supply is Limiting Home Sales at Start of Spring
The record-low number of homes on the market is limiting purchases heading into the spring selling season. Home sales typically...
