Should wealthier Americans forgo their Social Security benefits as a charitable gesture?
A reader writes: “I will likely be in a position to decline my benefits.” Source：MarketWatch
Warsh tightened more by pausing than by lifting rates, this bond-market veteran argues. Here’s the math.
It sounds paradoxical, but Federal Reserve Chair Kevin Warsh may have tightened the economy by not lifting interest rates than he would have by actually…
‘My head hit the driver’s window’: A teenager T-boned our car. Will Medicare pay my hospital bills?
“My car was nearly 20 years old, and I only carried liability and uninsured motorist coverage, not collision coverage.” Source：MarketWatch
Joint U.S.-Japanese intervention boosts the yen — but will it be enough?
Although forex market intervention can affect exchange rates, most strategists believe interest rate differentials are the ultimate arbiter of the direction of…
Wildfires force George and Amal Clooney to evacuate their home in France
Actor George Clooney and wife Amal were forced to evacuate their home in southeastern France amid wildfires breaking out across Europe. Source：MarketWatch
U.S. Jobs, Circle, Galaxy, American Bitcoin earnings: Crypto Week Ahead
Your look at what's coming in the week starting Aug. 3 Source：CoinDesk
Bitcoin hits $62K while Coinbase premium hits 77-day negative streak
The persistent discount suggests US spot buyers have remained less aggressive than overseas traders even as US Bitcoin ETF inflows turned positive in July.…
Michael Saylor’s Strategy is now tracking bitcoin’s 200-week moving average
Michael Saylor’s company, Strategy, is now closely monitoring bitcoin’s 200week moving average, a key longterm support level that the cryptocurrency has…
Coldcard exploit sparks Bitcoin flight, ‘bullish’ crypto consolidation: Hodler’s Digest, August 2
The “sickening” loss of $90 million of Bitcoin from cold storage weighs heavily on sentiment, as the Clarity Act stalls with just five days left to hold a…
S&P 500 profit growth is getting even wilder as Amazon makes its mark
Amazon is the latest Big Tech company to report abnormally large earnings growth, thanks to paper gains on Anthropic investments. Source：MarketWatch
Unlike the FTX collapse, the $89 million Coldcard exploit has investors sending bitcoin back to exchanges
The Coldcard vulnerability has smaller bitcoin holders moving funds onto exchanges for safety, according to blockchain analytics firms. This is opposite of the…
Investors are rotating into financial stocks. The Fed’s next move could determine how far the rally runs.
Financial stocks have been among the market’s best performers this month. The Fed’s next move, however, may determine how much further the rotation can run.…