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• A new report from LendingTree found that US homeowners have $28.7 trillion in total home equity.
• That's more than $334,000 of equity per owner-occupied housing unit in the US.
• Huge home-price appreciation could help keep consumers afloat as savings dry up.

Americans are sitting on a $28.7 trillion mountain of home equity.

That

• Chinese consumer spending rebounded in certain sectors, Shehzad Qazi told Bloomberg TV.
• But the managing director at China Beige Book added that property markets will remain a concern.
• While Beijing's support is largely moderate, monetary policy is having an impact.

The idea that China is teetering towards catastrophe is contradicted by some key positives, Shehzad Qazi

The first trailer for the Five Nights at Freddy’s movie was pretty nifty, but suspiciously light on the game franchise’s renowned murderous animatronics. That issue has been rectified with the latest trailer, as it features prominent appearances from Foxy, Bonnie, Chica and of course, Freddy himself. The homicidal puppets are doing what they do best, murdering people.

You also get a bit more of the

• The American Red Cross

Firefly Aerospace and its partner Millennium Space Systems have entered into the hot standby phase of Space Force’s Victus Nox mission. The groundbreaking initiative aims to launch a satellite with a mere 24-hour notice, a capability that traditionally takes months—if not years.

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• The 10-year Treasury is a "screaming buy" for investors, according to BMO's head of US rates strategy Ian Lyngen.
• The yield on the 10-year Treasury bond recently hit its highest level since 2008.
• But the yield is likely to fall over the next year as the Fed has regained its credibility on inflation.

The 10-year Treasury bond is a "screaming buy" for investors, thanks to

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Time is running out to snag a value-packed deal on a high-end TV and a PS5.  Through September 4, select Sony 4K TVs are $150 off when bundled with a PlayStation 5. It's an excellent deal for shoppers looking for both a

The US Copyright Office (USCO) wants your thoughts on generative AI and who can theoretically be declared to own its outputs. The technology has increasingly commanded the legal system’s attention, and as such office began seeking public comments on Wednesday about some of AI’s thorniest issues (viaArs Technica). These include questions about companies training AI models on copyrighted works, the

Teenage Mutant Ninja Turtles: Mutant Mayhem is coming home soon—and while everybody loves the Turtles, for obvious reasons, this exclusive clip from the bonus features turns the focus on their adorably awkward human bestie, April O’Neil, who’s voiced by Ayo Edebiri (Big Mouth, The Bear, Abbott Elementary).

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Our experts answer readers' insurance questions and write unbiased product reviews (here's how we assess insurance products). In some cases, we receive a commission from our partners; however, our opinions are our own.

• Hurricanes can cause flooding and wind damage to homes, and one inch of water can cost $20,000.
• Your mortgage company may require you to have hurricane and flood insurance