Author: Editor

General view of a Home Depot store in Midtown Manhattan on February 26, 2025 in New York City. Eduardo Munoz Alvarez | Corbis News | Getty ImagesHome Depot stuck by its full-year outlook on Tuesday, even as the company came in slightly shy of Wall Street’s expectations for quarterly earnings and revenue. The home improvement retailer reiterated that it expects full-year total sales to grow by 2.8% and comparable sales, which take out the impact of one-time factors like store openings and calendar differences, to rise about 1%. However, it missed Wall Street’s earnings expectations for the second straight quarter. Shares of Home Depot…

An aerial view of properties cleared of wildfire debris which burned in the Eaton Fire on July 03, 2025 in Altadena, California.Mario Tama | Getty Images News | Getty ImagesThe California state legislature passed a bill Monday that ensures homeowners, not lenders, receive at least some of the interest on insurance payouts for homes destroyed or damaged by natural disasters.The legislation comes after thousands of homeowners lost their residences in January’s historic wildfires in Southern California. Following such a loss, insurers send checks typically made out jointly to both the homeowner and the mortgage lender or servicer. The lender will then deposit…

The Internal Revenue Service is preparing to open the 2026 Compliance Assurance Process program application period for public companies with at least $10 million in assets.The annual CAP program is scheduled to run this year from Sept. 3 to Oct. 31, 2025, and it comes at a time when the Trump administration and Republicans in Congress recently passed the One Big Beautiful Bill Act, which extends and expands tax breaks for large corporations.If they’re accepted into the program, the IRS said it will inform applicants in February 2026.CAP originated 20 years ago, back in 2005, and boasts real-time issue resolution…