Michigan stock market trends

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Lottery ticket with AI technology symbols
Michigan Breaking News

Woman Wins Powerball Jackpot Using AI for Number Selection

News Summary Tammy Carvey, a 45-year-old woman from Wyandotte, Michigan, has won a $100,000 Powerball jackpot after using artificial intelligence technology to pick her numbers. Carvey purchased her ticket online for the September 6 draw, matching four white balls and the Powerball number. Initially thinking she won $50,000, she discovered

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Graphic depicting consumer sentiment trends in the U.S.
Michigan Business News

U.S. Consumer Sentiment Hits Five-Month Low

News Summary Consumer sentiment in the U.S. has declined to its lowest point in five months, falling to 55 in October. This marks the third consecutive month of decrease as households express concerns over rising unemployment and persistent inflation. While spending shows slight resilience, overall sentiment remains significantly below historical

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Supreme Court building representing legal and political processes.
Michigan Business News

Trump Appeals Supreme Court Ruling on Federal Reserve Governor

News Summary President Trump’s administration has filed an appeal with the Supreme Court against a federal appeals court decision preventing the removal of Lisa Cook from the Federal Reserve’s board. This unprecedented move marks the first attempt by a sitting president to fire a Federal Reserve governor. The legal battle

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Consumers looking at prices in a supermarket amid economic concerns.
Michigan Business News

U.S. Consumer Sentiment Declines for Fifth Month in a Row

News Summary Consumer sentiment in the U.S. has dropped by 2.7% in May, marking the fifth consecutive month of decline and the lowest level since July 2022. This decline, nearing 30% since January, is attributed to rising concerns over inflation and economic stability, exacerbated by ongoing trade tensions. While retail

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