The renter generation: Young Americans, shut out of homeownership, brace to rent forever
People once believed if they worked hard, they could become homeowners, but ‘we’re coming to terms with the fact that perhaps most won’t. And that’s the new…
Wall Street’s biggest optimist says ‘I wouldn’t jump into the AI trade right now’
Ed Yardeni, who has been called the most bullish person on Wall Street, says he hasn’t been bullish enough on the stock market. Source:MarketWatch
I’m 56 with $1.4 million and want to retire in 5 years. Do I move to California, New York or overseas?
“How do I prepare for market drops or crashes just before or after retirement?” Source:MarketWatch
There’s so much betting against long-term bonds that a turnaround could catch investors off guard, says Citadel Securities
Citadel Securities’ strategist Frank Flight says a bet that appears to be onesided against longterm bonds could be setting up for a painful unwind.…
Supply absorption ‘key question’ as Bitcoin fails to reclaim $80K: Analysis
Bitcoin struggled to establish support at $80,000 as investor cohorts all returned to net profitability. Source:Cointelegraph
Bitcoin takes a breather after adding 23% in 7 days as ETF demand holds steady
The price of bitcoin fell to $79,000 on Wednesday after gaining 23% in seven days as August ETF inflows climbed above $3 billion. Source:CoinDesk
Strategy cuts net leverage to near zero as cash nearly matches convertible debt
The bitcoin treasury company has built nearly four years of preferreddividend coverage while continuing to repurchase STRC below par. Source:CoinDesk
Does a 2% beneficiary inherit 100% if the 98% beneficiary dies in a car accident? Asking for a friend.
“I’m curious what would happen if the account owner were to die suddenly at the same time as the 98% beneficiary.” Source:MarketWatch
Euro stablecoins get a mainstream push as Revolut begins rolling out EURR in Europe
Revolut said the stablecoin’s rollout will start with a select group of customers within Denmark, Poland, and Portugal. Source:CoinDesk
Two-thirds of parents don’t have this vital document they need in case of emergency
Here’s why most parents balk at this legal task. Source:MarketWatch
Customers are fleeing TurboTax over price, and Intuit’s stock is sliding
Costconscious customers giving up on TurboTax sent Intuit shares sliding in early Wednesday trade. Source:MarketWatch
‘The relationship quickly deteriorated’: My friend’s lawyer settled his injury case without his consent. What can he do?
“His former lawyer is now holding the settlement funds, maintaining that he is entitled to attorney’s fees.” Source:MarketWatch