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Treasuries Shrug Off Strong July Jobs Report

South State Correspondent

We remain hard-pressed to see a catalyst to materially higher rates in the near-term as the market interprets the hot jobs market as a reason for the Fed to remain aggressively hawkish which implies rate hikes until the economy falters. Be that as it may, better numbers are expected with the overall rate increasing by 0.2%

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Ongoing US China Trade War Causes Morgan Stanley To Slash Apple Price Target

PYMNTS

Apple is particularly vulnerable to the trade war because the Chinese market, which includes Hong Kong and Taiwan, is its third largest. The plaintiffs, who live in Michigan and Rhode Island, are trying to get class-action status for the lawsuit. In the event Apple is unsuccessful in persuading the [U.S.

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Digital License Plates Vie For Place In Connected Car Ecosystem

PYMNTS

The move toward a connected car ecosystem includes the potential use of digital license plates on vehicles — an effort that has now spread to Michigan. The plates reportedly will cost Michigan drivers either $499 or $799, depending on the model; that cost does not include installation. Security and Marketing.

Michigan 139
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US Retail Sales Rose Higher In July

PYMNTS

The boost in consumer spending is due to a tightening labor market, which is gradually pushing up wages. In addition, tax cuts and higher savings are also playing a role in the rise in retail sales. Service stations saw receipts that went up 0.8 percent, online and mail-order retail sales increased 0.8

Retail 101
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How community banks can help young homebuyers

Independent Banker

According to the 2022 Home Buyers and Sellers Generational Trends Report published by the NAR, there are some clear generational trends in the homebuying market. Younger millennials and Gen Z buyers—those born after 1980—represent 45% of the total homebuyer market. That can be a tough conversation to have,” says Haynie.

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When Suds Go X-Border

PYMNTS

beer market is worth nearly $106 billion. Long is the CEO of Brew Export, a comprehensive solution for brewers entering international markets, as well as a resident of Grand Rapids, Michigan — otherwise known, as she’s quick to point out, as “Beer City, USA.” Beer City’ And Beyond. The service acts as a one-stop shop for U.S.

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Big Names Embark On Spring Hiring Sprees

PYMNTS

Standing one’s ground in an Amazon -dominated retail market doesn’t happen by accident. Discount-grocery chain Aldi has announced several hiring events across states including Michigan, Vermont, Connecticut, Virginia, New Jersey and Florida. The company is investing $3.4 Tech Giants. Prominent U.S.

Vermont 100