AI inflation is putting even more pressure on the Fed. Could higher interest rates be next?
One thing the Federal Reserve could always count on to keep inflation low was falling prices for computers, cell phones and other hightech stuff — but not…
Bitcoin could bottom in October, altcoins are ‘basically dead,’ Swan CEO says
Klippsten said Bitcoin could bottom about a year after its previous peak and argued that crypto’s best outcome is to become part of TradFi. Source:Cointelegraph
Ballet flats are so popular that even brands like Birkenstock and Crocs are cashing in on the trend
Ballerina shoes are back in style thanks in part to nostalgia — plus Gen Z shoppers who are even pairing them with running shorts. Source:MarketWatch
A decade of internal AI battles is finally catching up to Google
DeepMind, acquired by Google in 2014, has been a cornerstone of the company’s AI strategy — and also a chronic source of organizational friction.…
I’m 63, a retired CPA with a $1.2 million 401(k). Do I need to bother with a Roth conversion?
“I don’t expect my marginal tax rate to be materially different in the future.” Source:MarketWatch
This old-school way of investing money is better than ever — even in the age of AI and mega-IPOs
The “golden ratio” for portfolio construction — 60% stocks, 40% bonds — works again, but after a few tweaks, Source:MarketWatch
Kalshi ordered to stop broad range of prediction markets in Washington
Kalshi must implement initial geofencing by Aug. 19 and a GeoComply multisource geofencing system by Sept. 2. Source:Cointelegraph
Trump expected to attend White House meeting with crypto CEOs, sources say
Those involved in a meeting of CEOs from the worlds of crypto, prediction markets and AI anticipate President Donald Trump will take part in next week's…
Berkshire Hathaway doubles down on the U.S. housing market with a fresh bet on this stock
Berkshire Hathaway has upped its bet on the U.S. housing market, and also boosted its stakes in Alphabet and Delta Air Lines. Source:MarketWatch
16 beaten-down AI stocks that are beloved by BofA analysts
A recent selloff in AIlinked stocks offers opportunities for investors across the hardware, internet and energy sectors, according to analysts.…
Parents putting money in ‘Trump accounts’ could get a $2,500 tax break. Here’s how.
A proposed rule could let families do a “discount Roth conversion.” Source:MarketWatch
Sandisk’s stock is extending its major rebound. This is the latest spark.
Analysts weighed in positively on the company’s new financial targets — helping to further a rally that’s brought shares up more than 60% from their recent low…