Bond-market weakness makes a strong investment case for this unloved sector, strategist says
Michael Darda says the yield on the 10-year Treasury will fall, so he likes beleaguered home builders.
Michael Darda says the yield on the 10-year Treasury will fall, so he likes beleaguered home builders.
Last month, there were murmurs that “major job cuts” were coming for Xbox. Now, Microsoft is cutting 4,800 roles, with 1,600 impacting its Xbox division today. In an email to employees, Xbox CEO Asha Sharma called it “the most significant restructuring in Xbox history.” In the email, Sharma said she “made the difficult decision” to…
The Strait of Hormuz’s southern route remained open to shipping on Sunday despite Iran declaring the waterway closed as tit-for-tat attacks between the US and Tehran escalated, a maritime advisory group said. The path along the Omani coastline is still available for transit, the Joint Maritime Information Center said in a note. Describing the threat-level…
Membership-based wholesale retailer Costco Wholesale (COST 4.23%) reported sales for the retail month of June after the market closed on Wednesday, and at a glance, the numbers looked strong. Net sales rose 10.6% year over year to about $29.2 billion for the five weeks ended July 5. U.S. comparable sales, a measure of sales at…
Key Takeaways The perfect road trip credit card will often prioritize different aspects than a trip taken by air or train. Gas and lodging will likely be your top expenses, followed by food and activities. We recommend the top credit cards for gas, hotel perks, travel protections and dining out. With school out for summer,…
Smoking is somehow inexplicably cool again, and I’m not happy about it. After a period of health-conscious stigma, it is now viewed as culturally acceptable and even desirable to be seen holding a cigarette in one’s hand. It signals sophistication, a rebellious attitude, and undeniable coolness. Newsweek reported on a “cigarette renaissance” among Gen Z,…
If you want to boost sales in your retail business, start by understanding your customers’ needs. Gather data on their preferences and shopping habits. Next, optimize your in-store experience with strategic product placements that encourage impulse buys. Implement cash-back rewards to draw in new customers and create tailored promotions that enhance margins. Align your staffing…