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Macy’s proves Wall Street wrong again by growing sales, and the stock surges
Macy’s stock surges as for the third straight quarter comparable sales rose from a year ago while analyst were expecting a decline. Article Attribution | Read More at Article Source
It’s time to rethink how we define obesity as millions turn to GLP-1s
BMI is just B.S. It doesn’t accurately define what it means to be overweight. Article Attribution | Read More at Article Source
Oil prices climb after Iran reports attacks on key oil and natural gas field
Oil prices were popping early Wednesday morning after Iran said U.S. and Israeli airstrikes hit one of its key natural gas field, while nearby oil and petrochemical facilities also came under attack. Article Attribution | Read More at Article Source
It’s a ‘black swan’ moment in oil but nowhere else. The stock market is at risk of a 20% fall, say these strategists.
Almost everything except for bonds – stocks, interest rates, credit, gold and the U.S. dollar – is having “very normal white swan types of moves.” Article Attribution | Read More at Article Source
Wholesale prices surge again and show inflation flowing through pipeline of the economy
The cost of wholesale goods and services surged in February for the third month in a row, underscoring the challenge faced by the Federal Reserve in vanquishing inflation even before the recent spike in oil prices. Article Attribution | Read More at Article Source
Instead of shopping they’re quietly stockpiling cash — ‘shadow saving’ — and it could short-circuit the global economy
Households in China aren’t broke, the available data indicate. They’re just exhibiting a reluctance to spend. Article Attribution | Read More at Article Source
I’m 59. My wife and I bought a second home for $484,000 at 6.2% interest. Will this be a drain on our retirement?
“I earn an annual salary of $116,000. My wife’s annual income is about $55,000.” Article Attribution | Read More at Article Source
I opened a 0% credit card to pay $11,000 in vacation debt. Why can’t I get a higher credit limit? My debt utilization is only 10%.
“We’ve been aggressively paying down our credit cards.” Article Attribution | Read More at Article Source
Jessica Simpson says she is keeping the $18 million L.A. mansion she shared with ex Eric Johnson
Jessica Simpson has reportedly decided to hold on to the $17.9 million Los Angeles mansion she bought with her estranged spouse, Eric Johnson, who is understood to have moved out of the property . Article Attribution | Read More at Article Source
Country music star Miranda Lambert lists Texas estate that includes her childhood home for $1.6 million
Miranda Lambert is selling a sprawling 25-acre Texas property that encompasses both her childhood dwelling and the adjacent home she bought after her first record deal. Article Attribution | Read More at Article Source
The ‘smart money’ on Wall Street hates these bonds — but they may be a golden buying opportunity for you
Three important — and potentially useful — things leap out of the latest BofA fund-manager survey. Article Attribution | Read More at Article Source
The spike in gas prices might affect Olive Garden sales, but not in the way you’d expect
Olive Garden parent Darden Restaurants reports earnings this week amid concerns over rising oil prices and a strike at a large U.S. meatpacking plant. Article Attribution | Read More at Article Source