The richest 20% are buying most of the new cars sold in the U.S.
The AIfueled bull market in stocks has shifted U.S. car sales into a higher gear — and the richest Americans are doing most of the buying. Source：MarketWatch
Bessent defends Warsh, saying markets are going through ‘detox’ from too much Fed guidance
The Treasury secretary questioned the need for an interestrate hike. Source：MarketWatch
Stocks could soar in August. Here are six potential drivers.
Tom Lee, head of research at Fundstrat, outlined the reasons he thinks stocks could reach a new high this month. Source：MarketWatch
Palantir is leaving its software peers behind in the AI race
The company’s focus on sovereign AI is resonating with customers, analysts say. Source：MarketWatch
Job openings fell to a 3-month low. Is the labor market losing momentum?
After a burst of new job openings and hiring in the spring, the U.S. labor market appears to have lost some momentum. Source：MarketWatch
3 money rules I swear by — and why they work
Managing money is stressful. The new voice of Don’t Short Yourself is here to share reallife tips and tools we can actually use. Source：MarketWatch
What was the world’s hottest stock market is now hunting ground for short sellers
South Korea’s oncesurging market is now a haven for short sellers. Source：MarketWatch
Caterpillar is killing it, and data-center demand is driving record revenue
Caterpillar’s stock surges after the biggest earnings beat in five years, as demand for datacenter construction provided a boost. Source：MarketWatch
The stock market’s brutal summer reset is finally over. Here is why Citadel Securities says it is time to buy again.
Citadel Securities strategist Scott Rubner said markets have gotten a “technical reset” and is ready to recommend buying stocks again. Source：MarketWatch
The trade-off of graduating college early: No debt, but no job?
Students who graduate early still enter a tough job market. Here’s how to make sure that fasttracking school doesn’t compromise your career. Source：MarketWatch
The Magnificent Seven companies just did something they haven’t since ChatGPT was first released
The grouping of companies called the Magnificent Seven just did something that they haven’t since the introduction of ChatGPT sent the market into an…
Oil prices rise after vessel reports being hit in Strait of Hormuz
The United Kingdom Maritime Trade Operations Center said a ship reported being struck by an “unknown projectile” in the waterway. Source：MarketWatch