Bert Foster

The latest University of Michigan consumer sentiment survey released on Friday demonstrated a significant decrease in overall sentiment during the month of May. The index reading for the month stood at 67.4, representing a 13% decline from the previous month’s figure and marking its lowest level in six months. This stark contrast is due…

Apple is currently facing multiple labor challenges in the United States, including strikes and union elections at several of its retail stores. In June 2022, workers at the company’s Towson, Maryland store became the first to form a union, and since then they have been in contract negotiations with Apple management. This weekend, workers…

After completing its reward halving event, Bitcoin Cash (BCH) experienced a significant surge of 10%, becoming one of the few gainers in a relatively stagnant cryptocurrency market. Bitcoin (BTC), which is set to undergo its own halving later this month, remained mostly unchanged. BCH’s current price level of $660 has not been reached since…

According to recent financial analysis, a couple in their early sixties with $1.4 million in investments should be cautious about withdrawing $90,000 annually in retirement. While this amount may seem reasonable, it exceeds the widely recommended safe withdrawal rate of 4%, putting the couple at significant risk of running out of money over time.…

Based on recent developments, it appears that Dogecoin (DOGE) is approaching a repetition of the bullish “golden cross” technical pattern that preceded its impressive surge during early 2021. Currently, the 50-week simple moving average (SMA) of DOGE’s spot price is increasing and is anticipated to cross above the 200-week SMA in the forthcoming weeks,…

In a shocking series of events, Gary Porter, a wanted felon, managed to escape from police custody while undergoing evaluation at a hospital. After being found unconscious in a chicken coop, Porter was arrested and taken to the hospital by Paris Police Chief Mike Dailey, who accidentally allowed him to slip out of his…

According to recent reports, consumers have been opting for lower-priced products across various e-commerce categories due to persistent inflation. This trend, known as “trading down”, has been observed by market data provider Adobe Analytics in several categories including personal care, electronics, apparel, home/garden, furniture/bedding, and grocery. In fact, Adobe’s data indicates that the share…

The meme coin craze continues to thrive unabated despite a stagnant rally in Bitcoin (BTC). According to data from CoinMarketCap, a record 138 meme coins were recorded in April, surpassing the previous count of only 18 in April 2023. It is estimated that the true number could be even higher, as the site only…

In a major development, it has been revealed that five retired Boeing 747 passenger jets previously operated by South Korean flag carrier Korean Air will soon be transformed into the newest addition to the United States’ strategic command and control military aircraft, popularly known as “Doomsday” planes. The jets were acquired by the Sierra…

Following the selection of a London-based consulting firm by the Department of Justice (DOJ) for a three-year monitoring role with Binance, Sullivan & Cromwell, previously slated for the position, may still be appointed by the U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) for a separate five-year monitoring task. The decision to choose Forensic…