(Bloomberg) — The US economy is holding up but losing steam. While an advance in retail sales last month exceeded nearly every estimate, the report also showed consumer demand has moderated from the past year. Separate data Thursday showed factory production remained sluggish and applications for unemployment benefits held at…

Too many folks are letting so-called “safe” yields on Treasuries distract them from the real action these days: 10 “stealth” bond plays yielding way more—I’m talking 9%+ payouts here—that Jay Powell just put on sale. These deals won’t last: As the Fed pauses rate hikes, bond yields will roll over,…

If commerce is the economic foundation of a society, then people working, producing, spending, and living are the essence. And yet, when it comes to the economy, so the experts say, rising wages and hefty levels of employment are a big driving force of inflation. That’s led to a circular…

There could come a time in anyone’s life when you are unable to speak for yourself. It can happen with aging, and the risk of stroke, cognitive impairment, accident or other cause. When a person has appointed someone to act on their behalf for medical decisions, that person must step…

Despite Detroit having the lowest home values of any metro in the country, Detroit renters still struggle with affordability. In fact, it costs 24% more to rent the typical home in the Detroit area than it does to buy it. That’s the biggest rent premium among the 50 most populous…

Market Movers rounded up the best reactions from investors and analysts on FedEx . The experts, including Jim Cramer , discussed the shipping company after it issued soft guidance for 2024. Late Tuesday, FedEx forecasted flat to low single-digit-percent revenue growth year over year for fiscal 2024. For its latest…

Between his own business success and his investments in hundreds of startups, Mark Cuban knows what it takes to be highly successful.There’s one trait you should cultivate above all others if you want to be successful too, he says.”The one thing in life you can control is your effort,” Cuban,…

More prime working age women are employed in the United States now than ever before. The labor force participation rate for women between 25 and 54 years old set a record high in April and then again in May, rebounding from the pandemic “she-cession” and returning to its pre-pandemic form…

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Pepe Coin, a cryptocurrency in the market, has experienced a significant surge in trading volume, reaching an impressive $250 million within a span of just 24 hours. This surge has resulted in a remarkable 38% increase in Pepe Coin’s (PEPE) value. Notably, the price movement has been accompanied by a bullish engulfing…