U.S. June CPI fell 0.4%, likely cooling move toward Fed rate hikes
This morning's report could go a long way toward determining whether the Federal Reserve raises interest rates at its lateJuly meeting. Source:CoinDesk
I’m 45 and want to buy an apartment. How can I turn $1,000 into $250,000?
“I just opened a brokerage account for the first time.” Source:MarketWatch
Americans are getting better at paying off their $1.25 trillion credit-card debt burden
Despite some encouraging signs, millions of Americans are still struggling with creditcard debt — sometimes to pay for the most basic needs. Source:MarketWatch
ECB picks firms including Deutsche Bank, Revolut for digital euro pilot
The pilot will test a beta version of the digital euro for online, offline, instore, and ecommerce payments with ECB and central bank staff as users.…
Japan’s biggest card network taps Circle to bring stablecoins to 40 million merchants
JCB and Circle will explore using USDC for crossborder payments and merchant transactions as Japan ramps up efforts to bring stablecoins into everyday…
AI vs. robo advisers: How they stack up against each other —and human financial advisers
Robo advisers are getting smarter as AI capabilities increase — but how much control are investors willing to hand over? Source:MarketWatch
Bank of America’s stock falls despite blockbuster earnings report
Shares in Bank of America shares declined in premarket trading after the banking giant posted a 15% jump in revenue vs. a year earlier. Source:MarketWatch
Why SpaceX and Tesla are ‘value’ stocks, according to this fund manager
Tesla and SpaceX may be winners in the next evolution of value investing, says the president and chief investment officer of Tsai Capital, Christopher Tsai.…
IBM’s stock dives toward worst day in nearly 40 years after the surprise release of an earnings miss
IBM’s stock plunges after a preliminary release of profit and revenue that were well below expectations. Source:MarketWatch
Another warning sign is flashing for tech stocks — and this one comes from outside the U.S.
What the link between the Japanese yen and U.S. stocks means for your portfolio. Source:MarketWatch
ABA, state banking groups push back on CLARITY Act stablecoin yield provisions
ABA and state banking associations published a joint letter calling for more detail on the CLARITY Act’s stablecoin yield provisions, ahead of the bill’s House…
Solana community lead enters UK by-election with onchain transparency pitch
Superteam UK lead Stephen “Cap” Newnham is taking on Nigel Farage in the Clacton byelection with pledges on pension reform and onchain transparency.…