GDP shows the economy grew 1.5% in the second quarter — but it’s even better than it looks
Consumer spending and business investment in AI drive the economy forward Source:MarketWatch
Fed-favored PCE inflation gauge falls for first time since pandemic, but danger far from over
Lower gas prices after temporary Iran truce tugs inflation lower Source:MarketWatch
Congrats, Gen Z, you’re turning 30. Here are the most important money moves to make next.
Your parents may have shared advice that was fine when they were 30, but “the world has changed significantly” since then. Source:MarketWatch
This global equity fund boasts a 150% five-year return for investors, despite holding few U.S. stocks
The CIO of Ranmore Funds isn’t too keen on U.S. valuations at present, but the beatendown software sector is luring him back in. Source:MarketWatch
Wall Street just suffered a historic crash in highflying stocks. Why a quick tech rebound could be a trap.
A bounce may be coming for those momentum stocks that have been brought back to earth, which could open up another selloff, says BTIG’s Jonathan Krinsky.…
Nearly half of small-cap and midcap stocks are losing money
Wall Street is evolving into a winnertakeall contest. Source:MarketWatch
‘Don’t get suckered like I did’: I paid $185 to the wrong passport website. Can I get my money back?
“I will file a complaint with the Better Business Bureau.” Source:MarketWatch
Why you shouldn’t worry about the stock market’s break below its 50-day moving average
Movingaverage timing systems stopped working several decades ago. Source:MarketWatch
Social Security’s biggest problem isn’t a design flaw. It’s a missing trust fund.
Should policymakers look beyond the payroll tax to cover this share of the deficit? Source:MarketWatch
The World Cup winners wore Adidas shirts. But the company’s investors are still crying foul.
The sportswear company’s stock declined 17% after it reported a 30% hike in marketing expenditure. Source:MarketWatch
My friend and her husband own extensive real estate. How can her children from a previous marriage get their fair share?
“Her husband is open to a trust, but he wants to be the administrator.” Source:MarketWatch
‘The View’ Host Joy Behar finally finds a buyer for $7 million Hamptons home after 2 years
“The View” host Joy Behar has found a buyer for her longtime Hamptons residence—nearly two years after the elegant dwelling was first brought to the market.…