This has been one of the most affordable U.S. cities to buy a home for the past 134 years
Home prices in America have changed dramatically over the last century — but the Midwest has remained a bastion of affordability through it all.…
How a Treasury buyback tweak helped bitcoin surge 25% to nearly $80,000 in days
Treasury buybacks are not QE, analysts said, but the move helped pull longterm yields off 19year highs and triggered a record short squeeze in a market already…
Here’s how Bessent’s newly activist Treasury Department is undercutting the Fed’s Warsh
The surprising move this week by Treasury Secretary Scott Bessent to intervene in Treasury markets to lower the cost of government debt undercuts the…
Former JPMorgan exec takes on Social Security advisory role
Matt Zames will take on an unpaid adviser position at the Social Security Administration, according to reports. Source:MarketWatch
Trump, Vance and Bessent try to calm the bond market with ‘alternative facts’
Maybe this stuff works on TV or on the stump. But it doesn’t work on Wall Street, where people can count. Source:MarketWatch
The Treasury, the Fed and the threat to your money
Also in Weekend Reads: The Gen Z online sportsbetting trend, what’s next for Apple as Tim Cook exits, and a bullish take on Nvidia heading into earnings.…
5 things to know about the Chinese e-commerce juggernaut Shein ahead of its IPO
The fastfashion giant is targeting a listing in Hong Kong by Sept. 1. It’s been trying to go public for four years. Source:MarketWatch
Tesla’s stock jumps as the company gets ready for a robotaxi push
The automaker plans to soon launch its Cybercab in Austin, Texas, and got the nod to deploy thousands of vehicles in Nevada. Source:MarketWatch
The U.S. and Canada are scrambling to avoid new tariffs and seal a trade deal. Here’s what could be in it.
U.S. and Canadian officials were engaged in additional talks on Friday. Details about what’s in their new trade deal have trickled out. Source:MarketWatch
6 AI hardware stocks to own for the remainder of the year, according to an analyst
An Evercore ISI analyst sees strong growth ahead for storage makers, networking providers and Apple. Source:MarketWatch
States are coming after prediction markets — and setting up a costly legal battle over who gets to regulate them
Prediction markets like Kalshi are regulated in different ways across states. There’s a better way for them to thrive. Source:MarketWatch
Bitcoin rally sends crypto stocks soaring as miners, treasury companies jump
Bitcoin’s rally above $79,000 lifted miners and treasury companies, with Canaan, Strive and Metaplanet posting doubledigit gains as crypto stocks surged.…