Three powerful forces are draining family wealth — and your estate plan is completely unprepared
From Medicaid cuts to an IRA tax trap, here are the real threats to your family’s inheritance and what to do about them. Source：MarketWatch
Three US senators oppose CLARITY Act on ethics grounds with vote expected soon
Senate Majority Leader John Thune reportedly said the chamber will consider a vote on the crypto market structure bill before Aug. 10, though it’s unclear…
What IBM’s profit warning means: Hardware is ‘eating everyone’s lunch’
The company said the shortfall in its software and infrastructure business was tied to clients spending on memory ahead of price hikes. Source：MarketWatch
Wall Street has set a sky-high bar for companies to clear this earnings season. They just might pull it off.
Analysts have set a skyhigh bar for secondquarter earnings. However, Piper Sandler thinks corporate America can still clear it. Source：MarketWatch
U.S. CFTC moves to stop Kalshi from canceling trades as ordered by Michigan court
The federal derivatives regulator, which oversees trading at Kalshi, argued it was inappropriate for Michigan to "bully" the firm into reversing trades.…
Skip the lettuce, cook your other greens and more advice on avoiding cyclosporiasis
The outbreak of cyclosporiasis, which causes diarrhea, has sickened about 6,700 people since May. Source：MarketWatch
Lucid denies bankruptcy talk, but the stock still sinks to a record low
EV maker’s stock down more than 50% intraday, then pares the bulk of those losses after Lucid says ‘the rumors are completely false’ Source：MarketWatch
Velocity raises $38M to build stablecoin treasury infrastructure for enterprises
Backed by Dragonfly, FirstMark and Coinbase Ventures, the startup is expanding software that helps businesses integrate stablecoins into treasury and payment…
The next boost to Apple’s stock could come from an iPhone price hike
Morgan Stanley estimates that the iPhone 18 lineup could see a $200 price increase from the previous generation. Source：MarketWatch
US, UK treasuries to align transatlantic rules on tokenization and stablecoins
The two governments issued recommendations on the treatment of digital assets as the US prepares to implement a 2025 law on payment stablecoins.…
IBM workers pay a $400 million price for investing in company stock
Don’t put all your eggs in one basket Source：MarketWatch
Brace for $4 gas again: How U.S.-Iran tensions are threatening to end the price break at the pump
Americans got some relief at the gas pump in recent weeks, enough to slow down inflation. That might not last long as the U.S. and Iran continue to vie for…