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The numbers: The U.S. added a muscular 339,000 new jobs in May, underscoring the resilience of the economy in the face of rising borrowing costs.Employment gains in April and March were also considerably higher than previously reported, the government reported Friday, in another sign the labor market remains unusually strong.…

© Reuters. (Reuters) – Blackstone (NYSE:) Real Estate Income Trust Inc (BREIT) has agreed to sell a Texas-based resort to Ryman (NYSE:) Hospitality Properties Inc for $800 million, as the asset management giant looks to cash in on resurgent demand for leisure travel and retreat. The deal for Texas-based JW…

MOSCOW (Reuters) – OPEC+, the group of leading oil-producing countries, is important for providing stability on global energy markets, Kremlin spokesman Dmitry Peskov said on Monday, a day after the group met. OPEC+ pumps around 40% of the world’s crude and has put in place cuts of 3.66 million barrels…

(Bloomberg) — Federal Reserve Bank of Philadelphia President Patrick Harker said the US central bank is close to the point where it can stop raising interest rates and turn to holding them steady in an effort to further bring down inflation. “I do believe that we are close to the…

(Reuters) – Cava Group Inc, which operates a chain of Mediterranean fast-casual restaurants in the United States, said on Monday it is aiming for a valuation of up to $2.12 billion in its U.S. initial public offering. The company intends to sell roughly 14.44 million shares priced between $17 and…

Last Friday was the one year anniversary of the collapse of the Terra Luna Stablecoin. This event marked the end of the 2020-2022 crypto bull market and started a chain of events that would lead to the high-profile collapse of corporate crypto exchanges like FTX, BlockFi, Celsius, and Voyager. As…

To retire on dividends, we have just two requirements. They are simple, though perhaps not exactly easy: Earn safe, meaningful yields. Five percent is our floor, thirteen is our stretch goal. We’ll discuss five stocks in this dividend range shortly. Keep our principal intact. To do this we’ll focus on…

Despite a 32% rise in Take-Two Interactive stock (NASDAQ NDAQ : TTWO) this year, outperforming the broader S&P500 index, which is up 12%, we believe it has more room for growth. However, looking at a slightly longer term, TTWO stock is down 34% from levels seen in late 2020. This…

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