It pays to be a plumber! Local plumbers, alarm firm owners and lumber yards are getting offers daily from investment bankers and PE firms as the cost of capital for bigger, costlier firms grows. My latest bloomberg.com/news/articles/…

A potential strike by 340,000 UPS workers threatens to unravel progress in tackling two of the US economy's biggest hurdles in decades: inflation and supply-chain disruptions bloomberg.com/news/articles/… via Bloomberg

Bidenomics may or may not spur a manufacturing surge in a few years. For now, America's factories are sputtering. With Alex Tanzi bloomberg.com/news/articles/…

A strike against GM., Ford and Stellantis of just 10 days would reduce the nation's GDP by $5.6 billion and likely push the Michigan economy into a recession bloomberg.com/news/articles/… via Bloomberg Markets

The Fed is making real progress taming inflation, but consumers still think they’re paying too much for gas and groceries bloomberg.com/news/articles/… via Bloomberg Economics

A sign of trouble in the US economy: boat sales that normally track with consumer spending - still high - are are set for their lowest year in a decade bloomberg.com/news/articles/…

Sure, Americans still have pandemic savings. Problem is, inflation has eroded its value and today 40% of Americans have only as much liquid assets as 2019 bloomberg.com/news/articles/…

$200-a-month rises in rent are hard to stomach even when employed. The unemployed are doubly hit by inflation and state jobless benefits as low as $275/week bloomberg.com/news/articles/…

Around Atlanta squatters plague over 1,000 homes, and some landlords pay them to leave. Cerberus, Starwood, Amherst are among those affected. bloomberg.com/news/articles/…

Black would-be homebuyers are among the most at risk from historic rises in home prices and mortgages rates, putting recent gains in Black homeownership at risk. From my colleagues Jarrell Dillard and Jonnelle Marte

The West, especially Pacific Coast states, is shedding population as people flee high housing costs. The South is the main beneficiary, according to Bank of America Institute: bloomberg.com/news/articles/…

My hometown, Cape Coral, and its neighboring cities in SW Florida are seeing some of the biggest drops in home prices and rising inventories. Skyrocketing insurance is partly to blame. bloomberg.com/news/articles/…

America's senior households saw a median wealth gain of $91,000 over the pandemic period, new research shows. bloomberg.com/news/articles/…

#Democrats get close in #NorthCarolina in presidential races, but keep missing out. Whether it falls into GOP control like Fla. and Ohio may rest on winning over at least a share of small town voters bloomberg.com/news/features/…

Grocery prices are up 25% in four years and that's a big reason Americans remain unhappy with the Biden economy bloomberg.com/news/articles/… via Bloomberg Economics

Who needs big city life? Last year, areas under 250,000 people saw more migration than bigger areas, as people especially flee big cities, per a UVa demographer bloomberg.com/news/articles/…

Many businesses can't wait for the #federalreserve to lower rates. New hotels are delayed, manufacturers are scraping by with old machines to avoid buying new, and restaurants are sweating the ARM loans resetting. W/ Mark Niquette bloomberg.com/news/articles/…

"Kamala moves the needle. People are excited." The vice president has wiped out Donald Trump's lead across seven swing states, the latest Bloomberg News/Morning Consult poll shows bloomberg.com/news/features/… via Bloomberg Politics

The last time a Democratic presidential candidate won North Carolina and Georgia at the same time Jimmy Carter was on the ballot. Dems think they can do it again with Harris. My latest with Mark Niquette bloomberg.com/news/features/…

After the worst spring season in a dozen years, the #housing market needs a boost. The recent drop in rates hasn't done much. But if the Fed starts cutting aggressively, it may signal more serious problems ahead. MikeSasso bloomberg.com/news/articles/…