You’ve all heard AI is remaking the economy. Here’s how it’s changing lives — for better or worse.
AI, not Trump, is the big mover of the economy, this analyst says — and it’s just going to get bigger. Source:MarketWatch
Treasury’s buyback blitz may end up driving bond yields higher, warns JPMorgan. Here’s its advice for investors.
Strategists Jay Barry and Jason Hunter are predicting fallout from the Treasury’s move that they see as not even needed. Source:MarketWatch
Walmart shares slide as U.S. sales hit by falling drug prices
The supermarket chain reported comparable U.S. sales growth of 2.6% in its secondquarter earnings, its lowest in over six years. Source:MarketWatch
Ripple-linked XRP jumps 15% as data shows 'banker hours' onchain pattern
Three hours spanning the London afternoon and New York morning account for about 23% of XRP moving onchain, up from roughly 14% a year ago. Source:CoinDesk
AMD is betting on dirt-cheap AI chips, but financing them is a major question mark
AMD just acquired a company whose chip is fast, inexpensive and a total mystery for lenders. Source:MarketWatch
Bitcoin breaks out of six-week range, tops $71,000 as $3 billion in shorts get wiped out
Six weeks of compression ended in the largest short liquidation since at least 2021, with $3 billion of bearish bets forced to buy back into thin supply.…
Oil prices jump after Trump declares economic war on Iran
West Texas Intermediate and Brent crude’s frontmonth contracts both climbed after President Donald Trump said he was launching a “crushing economic operation”…
Why Bessent’s Treasury operations have breathed life back into the gold trade
Gold is the reciprocal of the dollar and consensus among strategists is that Bessent’s yield curve control will have a detrimental impact on the U.S. currency…
‘There is considerable tension’: My grandmother, 99, wants to cut my mother out of her will. Should I intervene?
“Grandma feels that she was pressured by my mother into taking out a $50,000 HELOC.” Source:MarketWatch
Crypto short liquidations pass $3B mark as Bitcoin price nears $72K
Bitcoin approached $72,000 in a second day of upside as crypto short liquidations passed $3.1 billion. Source:Cointelegraph
Bitcoin approaches $72,000 as Strategy and Coinbase continue rally
Bitcoin has gained 15% since monday, reclaiming several key technical and onchain levels as bullish momentum builds. Source:CoinDesk
Our 4-year-old son has $100,000 in his 529 account. Should we buy him stocks instead?
“He also has a brokerage account, but there’s only $500 in it.” Source:MarketWatch