Great Northern Equipment (SPONSORED) Great Northern Equipment is a leading manufacturer and B2B wholesale distributor of top-quality power equipment, professional and DIY tools, aftermarket replacement seats, Honda engines and parts. With over 50 lines of commercial-grade products, GNE serves the …
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PPG Announces Executive Appointments
PPG announced multiple leadership appointments as the company continues to focus on driving and delivering on its growth strategy. Tom Maziarz, current PPG vice president of automotive refinish Americas, will become vice president of traffic solutions, effective Dec. 1. Maziarz …
Read More »Home Depot Releases Q3 Financials, Comparable Sales Down Again
The Home Depot reported its eighth consecutive quarter of a decrease in comparable sales, as comparable sales fell 1.2% in Q3. The retailer also reported sales of $40.2 billion, an increase of 6.6% year over year. “While macroeconomic uncertainty remains, …
Read More »U.S. Economy Shows Growth in Q3
The U.S. economy grew at 2.8% in Q3 2024, according to the estimate released by the Bureau of Economic Analysis. This growth follows a 3.0% increase in Q2 of 2024. This quarter’s growth matched the National Association of Home Builders …
Read More »NRF Predicts Holiday Sales Growth
The National Retail Federation (NRF) forecasts between 2.5% and 3.5% growth in holiday spending from 2023, equating to between $979.5 billion and $989 billion in total holiday spending in November and December of 2024. “The economy remains fundamentally healthy and …
Read More »Dockworkers’ Union Suspends Strike to January
The International Longshoremen’s Association (ILA) has agreed to suspend the three-day strike along the East Coast until Jan. 15 in order to provide time to negotiate a new contract. The union agreed to the suspension after it reached a tentative …
Read More »Port Strike to Affect Companies Big and Small
Early Tuesday morning, U.S. East Coast and Gulf Coast dockworkers began their first large-scale strike in over 50 years, stopping the flow of half of the country’s ocean shipping after negotiations between the International Longshoremen’s Association (ILA) and the United …
Read More »Federal Reserve Cuts Interest Rates for First Time in 4 Years
The Federal Reserve cut interest rates by half a percentage point on Wednesday, in the hopes it will ease inflation, lowering interest rates to the 4.75% to 5% range. Lawmakers on the committee have gained confidence that inflation is moving …
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