News

The average interest rate on a 30-year fixed-rate mortgage recently fell to around 6%, the lowest rate in close to three years, making homeownership possible for more people, according to the National Association of Home Builders (NAHB). NAHB Priced-Out Estimates …

The Home Depot released its financial results for the fourth quarter of 2025 and the fiscal year of 2025, reporting net sales for the quarter at $38.2 billion, a 3.8% decrease year over year. Comparable sales for the fourth quarter …

QXO announced Taylor Sommer as its new chief sales officer. Taylor has nearly three decades of experience building high-performance sales organizations, scaling operations and driving revenue growth. Sommer retired from Republic National Distributing Company (RNDC), one of the largest beverage alcohol …

Gow’s Home Hardware in Bridgewater, Nova Scotia, recently announced it has partnered with furniture and mattress store, The Brick, expanding the store’s furniture and appliance space.  The Brick will open inside Gow’s Home Hardware in spring 2026. The company saw …

Specialty construction supplies and contractor safety products distributor White Cap recently announced it has completed its acquisition of Colony Hardware (“Colony”), effective February 6, 2026. “Today marks an important milestone for White Cap and Colony Hardware as we officially come …

President Donald Trump announced he will sign an executive order imposing a new 15% global tariff. The order follows the U.S. Supreme Court’s ruling dismissing Trump’s attempt to impose tariffs using a law meant for national emergencies. The move came …

Real GDP growth slowed in Q4 of 2025 in the wake of the historic government shutdown’s impact on the economy. While consumer spending continued to drive growth, federal government spending brought overall growth down over a full percentage point, according …

IKEA U.S. recently released its 2025 Annual Summary, highlighting key milestones in the company between Sept. 1, 2024 and Aug. 31, 2025. IKEA also announced plans to open four additional U.S. stores in 2026, further building on six other locations …