
 | From the Editor's Desk
After 29 Years, Amazon Just Reached a Major Milestone and Everyone Should Pay Attention Getting bigger isn't always best for your customers.Continued here
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WorkWorkOil Turns Lower as Market Fails to Shake Off Post OPEC+ Gloom  In the Middle East, meanwhile, Iranian-backed Houthi rebels claimed they targeted two Israeli ships in the Red Sea, part of a series of attacks against commercial vessels in international waters amid the war in Gaza. The US said one of its destroyers shot down three drones.
WorkSoaring mortgage rates hit U.S. cities: Here’s where buying a home is most expensive relative to renting  Nationwide, the average new-home mortgage payment is now 52% higher than the average monthly rent. And for many buyers, even that figure is misleadingly low, since it reflects lower prices in rural areas and small towns. In the major metro areas where business is concentrated, the premium attached to buying is far higher. In this graphic, the taller a city’s name, the higher the relative cost of ownership: It’s an apt metaphor for an investment that’s a bigger stretch than ever. WorkMarketmind: Gold makes the running as oil fails to fire  Such extreme pricing leaves the market vulnerable to pullbacks, and both Fed funds and Treasuries ran into selling on Monday. Yields on U.S. two-year notes rose almost 4 bps, but that follows a drop of 40 bps last week.
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WorkBabe Ruth rookie card sells for near-record $7.2M  The Ruth card was graded a 3 by card grader SGC (Sportscard Guaranty Corporation); the three most expensive sports cards ever sold -- the $12.6 million 1952 Topps Mickey Mantle card, the $7.25 million Wagner card and now the $7.2 million 1914 Baltimore News Babe Ruth rookie card -- have all been graded by SGC. WorkChiefs rue non-call, but 'they're letting guys play'  Kansas City wideout Rashee Rice then appeared to fumble, with Green Bay\'s Corey Ballentine returning it 68 yards for what would have been a game-sealing touchdown. But replay showed that Rice was down before the ball came loose, so the Chiefs retained possession. WorkWorkCardinals troll Steelers with clever graphic after win in the Steel City  With the matchup tied at 13 late in the third quarter, Los Angeles outscored Cleveland 23-6 the rest of the way. Matthew Stafford had 279 passing yards and three touchdowns. Puka Nacua\'s strong rookie year continued with 105 receiving yards and one score. Joe Flacco, who joined the Browns\' practice squad last month, threw for 254 yards and two touchdowns in his first start of the season. WorkWorkWorkWorkWorkWorkCollege Football 2023 Bowl Schedule, Matchups, Odds And CFP Picks  There are more factors than ever that go into handicapping and betting college football bowl games. Beyond the motivation and stat profiles, you can see how the odds, lines and totals adjust. That will continue and be something to monitor with coaching changes, injuries, suspensions, transfers and players opting-out impacting the games and betting market. WorkCan Higher-Performance Tires Improve The Way Your Vehicle Drives?  Most drivers will continue to replace their OE tires with whatever the local tire shop has in stock—in many cases (when they are sold an inferior product), reducing vehicle performance. But my advice is to do some research, spend a bit more money, and upgrade to a better tire that will advance the way your vehicle drives and increase safety. While I’m not ready to call my daughter’s Subaru Crosstrek a true ‘sport’ crossover, the new Bridgestone tires have elevated it to ‘sporty’ status—a vast improvement over what the factory delivered. WorkSpotify to axe 1,500 workers to save costs  Since it launched, Spotify has spent a lot of money on growing the business, and in securing exclusive content such as podcasts created by the likes of Michelle and Barack Obama as well as the Duke and Duchess of Sussex. WorkSmart meters: Almost three million still not working  \"There can be a range of reasons for any problems - and sometimes the issue is with the in-home display unit rather than the meter itself. In some cases, it\'s possible to rectify the issue with a remote update or a reset of the in-home display which the customer can perform themselves.\" WorkWorkWorkIt Could Be a Vast Source of Clean Energy, Buried Deep Underground  Mr. Pironon and Mr. de Donato have high hopes. When they started searching for methane gas left by the coal mines, they instead discovered hydrogen the deeper they went. A half-mile down, they found higher concentrations of hydrogen than had been reported anywhere else in the world, Mr. de Donato said. WorkChina Evergrande Gets Reprieve in Talks With Foreign Investors  Since then, Evergrande has operated in limbo — unable to meet its obligations but not formally defunct. Numerous questions remain for the hundreds of thousands of Evergrande home buyers who are still owed their unfinished property, for many workers who built and sold its apartments who have not been compensated, and for the Chinese banks and investors who gave it money expecting to be paid back. WorkWorkVolcanic Eruption Kills at Least 11 Hikers in Indonesia  Indonesia, the world’s largest archipelago nation, is sprawled across the so-called Ring of Fire, where the meeting of tectonic plates catalyzes earthquakes and volcanic eruptions. Mount Marapi has erupted several times in recent years; during an eruption in January, the National Disaster Mitigation Agency said that climbers were still camping on the volcano despite warnings not to ascend. WorkWorkWorkWorkWorkWorkWorkIsrael expands its Gaza offensive and bombards the south of the strip  Repeated anti-Israel offensives from Houthi operatives, Bashar al-Assad\'s Syrian regime and Lebanese Hezbollah militants â all of whom are sponsored by Iran and regarded as Tehran\'s proxies by some in the international community â have fueled concerns that the Israel-Hamas conflict could spill into the broader Middle East. Tehran has repeatedly said that these forces of \"resistance\" act independently. WorkWorkWorkOpposition candidates jostle for position before DRC election  Tshisekedi complained that the EAC was not acting on its mandate to force the armed groups present in the east, including the March 23 group, to lay down their arms. DRC is convinced that the M23 is funded and armed by Rwanda. Human Rights Watch has accused the M23 of numerous war crimes and has called for the organisation and any backers in Rwanda to be put on a UN sanctions list. WorkWorkChina's Evergrande wins more time to restructure debts  The judge on Monday told Evergrande to have "more direct discussion with relevant authorities" on whether they would assent to its restructuring plan, meaning that China's government may have a role in deciding if the company can continue. It is unclear if a Hong Kong liquidation would be fully enforced in mainland China. WorkWorkWorkWork TradeBriefs Publications are read by over 10,00,000 Industry Executives About Us | Advertise Privacy Policy | Unsubscribe (one-click) You are receiving this mail because of your subscription with TradeBriefs. Our mailing address is GF 25/39, West Patel Nagar, New Delhi 110008, India |
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