Fed to cut interest rates, Home Depot settles overcharges, OpenAIโs new model pushes boundaries
The Fed is set to cut interest rates, Home Depot pays $2M for overcharging customers, and OpenAI unveils a new AI model that "thinks like a person."
Stock market today: Wall Street rallies to one of its best days of the year after inflation report
U.S. stocks rose to one of their best days of the year as Wall Street relaxed after the first of several highly anticipated reports on the economy this week came in better than expected.
SAPD releases body camera video of foot chase where detective accidentally shot himself, suspect killed
San Antonio police released bodycam video of a foot chase that led to the fatal shooting of a suspect in a Home Depot parking lot late last month.
Get your scare on! H-E-B is selling 10-foot skeletons for Halloween
If youโve been on the hunt for a giant skeleton for your Halloween decor but havenโt been able to find one, H-E-B may have just what youโre looking for.
SAPD detective accidentally shot himself during same incident where officers shot, killed suspect
The man who was fatally shot by San Antonio police officers in a Home Depot parking lot Wednesday evening has been identified as 21-year-old Victor Fernandez.
Shooting near Home Depot leaves 1 man dead, SAPD officer hospitalized
A shooting in the parking lot of a Home Depot left one man dead, an officer hospitalized and a suspect in custody, according to San Antonio police.
Retail sales rose solidly last month in a sign that consumers are still spending freely
Americans increased their purchases at retailers last month โ for clothing, dining out, sporting goods and other areas โ in a sign that solid consumer spending is still powering a resilient U.S. economy.
Man sought after stealing Home Depot credit card, spending nearly $5K, BCSO says
A man accused of stealing a Home Depot credit card and spending nearly $5,000 is being sought by the Bexar County Sheriffโs Office.
Man arrested after throwing shopping cart at employee during robbery, police say
A 37-year-old man is behind bars after he threw a shopping cart at a Home Depot employee during a robbery, according to San Antonio police.
Walmart shines in rough retail environment, ratchets up outlook after strong first quarter
Walmart reported strong first-quarter sales results as the nationโs largest retailerโs low-prices continue to draw budget conscious consumers in a challenging economic environment of stubbornly high inflation.
Target wrestles with pullback in spending and theft that may cost retailer more than $1B this year
Target has reported another quarterly profit decline and issued a cautious sales and profit outlook for the current period.
Retail sales up 0.4% in April, buoyed by solid job market and declining prices in some areas
Consumers picked up their spending modestly in April from March, particularly in dining out and online, buoyed by a solid job market and easing inflationary pressures.
Union vote at Philadelphia Home Depot store set for November
The federal labor board has scheduled a November vote on a petition from Home Depot workers in Philadelphia to form what could be the first storewide union at the world's largest home improvement retailer.
Home Depot workers petition to form 1st store-wide union
Home Depot workers in Philadelphia have filed a petition with the federal labor board to form what could be the first store-wide union at the worldโs largest home improvement retailer.
Police chase ends with suspect crashing into gas line behind Home Depot
An early morning chase ended with the suspectโs vehicle crashing into an above-ground gas line behind a San Antonio Home Depot on the cityโs North Side.
SAPD, Crime Stoppers seek suspect in robbery of Home Depot on South Side
San Antonio police and Crime Stoppers are looking for the person responsible for an aggravated robbery of a home improvement retailer on the cityโs South Side.
February 2021 winter storm lingers in the minds of shoppers amid expected freeze this week
Memories of the February 2021 winter storm were still fresh on the minds of shoppers who flocked to hardware and grocery stores on Wednesday.
Grand jury indicts retired SAPD detective who pointed gun in fight outside Home Depot
A retired San Antonio police detective was indicted by a Bexar County grand jury after he allegedly pulled a gun on a man during a fight outside Home Depot.
Target's profit surges as Americans cast restrictions aside
Targetโs sales and profits surged in the first quarter as its customers, emerging from the pandemic, returned in big numbers to its stores for dresses, cosmetics and luggage.
Government revises 4th quarter GDP up slightly to 4.3%
GDP in the October-December quarter rose from an estimated rate last month of 4.1%, the Commerce Department reported Thursday. AdEconomists believe all the government relief measures will boost GDP in the current January-March quarter to 5% or higher. Boussour forecast GDP growth for the full year of 7% with annualized growth rates close to 10% in the spring and summer. GDP fell at an annual rate of 5% in the first quarter of 2020, as the COVID-19 pandemic ended the country's record-long economic expansion, which was in its 11th year. GDP plunged by a record 31.4% rate in the April-June quarter and then rebounded by a record rate of 33.4% in the third quarter before slowing to the 4.3% gain in the fourth quarter.
Orders for manufactured goods tumbled 1.1% last month
The Commerce Department reported Wednesday, March 24, 2021, that orders for durable goods declined last month for the first time after nine consecutive monthly gains including a sizable 3.5% rise in January. (AP Photo/Steven Senne)WASHINGTON โ Orders to U.S. factories for big-ticket manufactured goods slumped 1.1% in February with demand in a key sector that tracks business investment also dropping. Orders had been rising for nine consecutive months, including a sizable 3.5% jump in January, according to the Commerce Department. The category that covers business investment dropped 0.8% in February following solid gains of 0.6% in January and 1.5% in December. AdThe report Wednesday showed that excluding transportation, orders would still have fallen by 0.9% in February.
Orders for U.S. durable goods climb 3.4% in January
Orders to U.S. factories for big-ticket goods shot up 3.4% in January 2021, pulled up by surge in orders for civilian aircraft. (AP Photo/Steven Senne, File)WASHINGTON โ Orders to U.S. factories for big-ticket goods shot up 3.4% in January, pulled up by surge in orders for civilian aircraft. Orders for civilian aircraft and parts jumped 389.9%. Excluding transportation equipment, which can bounce wildly from month to month, durable goods orders were up 1.4%. A category economists watch for hints at future investment -- orders for nondefense capital goods excluding aircraft โ rose 0.5%.
US durable goods orders show modest 0.2% December gain
Orders to U.S. factories for big-ticketed manufactured goods rose a moderate 0.9% in November with a key category that tracks business investment plans showing a gain. (AP Photo/Steven Senne)WASHINGTON โ Orders to U.S. factories for big-ticket manufactured goods rose a modest 0.2% in December, held back by a big drop in the volatile aircraft sector. Economists had expected total orders would post a stronger advance of around 1% in December but noted that the overall gain was held back by the big drop in aircraft orders. Excluding transportation orders, total orders rose 0.7% in December, and that followed a 0.8% rise in November. โThe December data are signaling still strong but slower growth in both business investment and equipment spending.โ
Orders for big-ticket manufactured goods up 0.9% in November
Orders to U.S. factories for big-ticketed manufactured goods rose a moderate 0.9% in November with a key category that tracks business investment plans showing a gain. The Commerce Department said Wednesday, Dec. 23 that the November gain in orders for durable goods, items expected to last at least three years, followed stronger gains in recent months including a 3.8% rise in October. (AP Photo/Steven Senne)WASHINGTON โ Orders to U.S. factories for big-ticketed manufactured goods rose a moderate 0.9% in November with a key category that tracks business investment plans showing a gain. The November gain in orders for durable goods, items expected to last at least three years, followed stronger gains in recent months including a 3.8% rise in October, the Commerce Department said Wednesday. Analysts are concerned that business investment could begin to fade if the resurgence of the coronavirus curtails demand.
Home Depot agrees to $17.5m settlement in 2014 data breach
(Copyright 2020 The Associated Press. All rights reserved.) BOSTON โ Home Depot has reached a $17.5 million settlement with the attorney generals of 46 states and the District of Columbia over a 2014 data breach that exposed the payment card information of some 40 million customers. The Massachusetts Attorney Generalโs office detailed the settlement in a statement Tuesday, saying Home Depot agreed under its terms to employ a full-time chief information security officer among other measures. Cybercriminals hacked into Home Depotโs self-checkout point-of-sale systems using a third-party vendorโs username and password and installed malware that harvested the customer data from April through September 2014.
Retired SAPD detective who pulled gun on man outside Home Depot arrested, released on bond
SAN ANTONIO โ Update:A former San Antonio police detective seen on video pointing a gun at a man during an altercation outside a far West Side Home Depot was arrested Friday evening. The man told the Defenders earlier this month that he found the phone and an ID in the street in a neighborhood. The phoneโs GPS led them to a store near Galm Road and Culebra Road, according to the daughterโs statement to police. She said that the man told her that โshe was ungrateful and to get back into her vehicle,โ according to the report. The man told police that he threw the womanโs phone and drove off until he arrived at the Home Depot.
Home Depot donates respirator masks to Bexar County deputies
The Home Depot is working to help keep Bexar County sheriffโs deputies safe as they combat the COVID-19 pandemic. The Bexar County Sheriffโs Office gave thanks on their Facebook page Saturday afternoon. The Bexar County Sheriffโs Office thanks Home Depot for their donation! Manager Herrera from Home Depot donated 3M... Posted by Bexar County Sheriff's Office on Saturday, April 18, 2020โDuring COVID-19, these masks will truly help our deputies and we greatly appreciate it,โ said BCSO in the Facebook post. As reported on Friday, the Bexar County Jail currently has 15 inmates that have tested positive for the virus, 21 deputies, one video visitation civilian employee, a BCSO dispatcher, a Bexar County Facilities Maintenance employee and a University Health Systemโs nurse.
SA Vietnam veteran gets new home after living in shed for decade
SAN ANTONIO โ A Vietnam veteran spent this Veterans Day in a comfortable home for the first time in over a decade. When the leaders of two organizations found out she had been living in a shed, they stepped up immediately. Cotungo heard about the homeless veteranโs situation right after a couple from Missouri generously donated a recreation vehicle to Adapt-A-Vet. "They're couch-surfing women, living in their cars. They're not living out on the streets often times, so it's hard to get an account of how many homeless women veterans there are," Hart said.
Home Depot, CarMax both hiring in San Antonio-area
SAN ANTONIO โ Home Depot and Recruit Military are hosting a free career fair expo on Thursday. It's scheduled to run from 11 a.m. to 3 p.m. at the Norris Conference Centers, located at 4522 Fredericksburg Road. Home Depot reps will be on-site to discuss the opportunities available to job seekers. CarMax locations in San Antonio are looking to hire approximately 40 associates. The CarMax locations in San Antonio are located at 3611 Fountainhead Drive and 11880 IH-35 North.