The Brutalist Report

MarketWatch

• Outside the Box: The dreaded recession hasn’t arrived, but higher inflation will be sticking around [1035d]
• Dow Jones Newswires: Mercury Systems taps interim president and CEO as next chairman [1035d]
• The Ratings Game: Chip stocks lag market as semiconductor sales decline for 11th straight month [1035d]
• : FDA approves Alzheimer’s treatment Leqembi, clearing the way for Medicare coverage [1035d]
• : This ‘Thread’ social platform existed years before Meta’s new app — and it could sue, experts say [1035d]
• The Fed: Bank borrowing from the Fed falls for first time in two months [1035d]
• Earnings Results: Levi Strauss stock falls 5% after outlook is cut [1035d]
• : Elon Musk says ‘cheating’ not OK as his lawyer accuses Meta of stealing trade secrets for Threads [1035d]
• The Tell: Fed’s ‘quantitative tightening’ was supposed to sink stocks and the economy. It may be boosting them instead, analyst says. [1035d]
• Living With Climate Change: The cost of extreme heat in the U.S.? 235,000 ER visits and $1B in health-care bills just this summer [1035d]
• Personal Finance Daily: Pay hikes for switching jobs are shrinking, so think twice before you jump ship and DoorDash, Uber and Grubhub sue New York City over minimum wage for delivery workers [1035d]
• ETF Wrap: Here are ETF themes and categories investors may want to consider in the second half of 2023 [1035d]
• : As U.S. bakes in scorching heat, low-income people and communities of color are hit hardest — here’s why [1035d]
• : Home-builder stocks take a broad beating as 10-year yield’s breakout fuels demand concerns [1035d]
• Lawrence G. McMillan: Stocks are overbought, yes, but don’t sell yet [1035d]
• Market Extra: Stock market slumps as investors realize rates will be higher for longer [1035d]
• Market Extra: Why BofA says to own this version of the S&P 500 in the second half of 2023 [1035d]
• Distributed Ledger: Why Bored Ape cartoon monkey NFTs crashed to a two year low this week [1035d]
• : Pay hikes for switching jobs are shrinking — think twice before you jump ship [1035d]
• MarketWatch First Take: Meta’s Threads has big initial momentum, but sustaining it will be key [1035d]
• : DoorDash, Uber and Grubhub sue New York City over minimum wage for delivery workers [1035d]
• Crypto: BlackRock’s bitcoin ETF filing is a vote of confidence in Coinbase, one analyst says. Here’s why. [1035d]
• The Ratings Game: Sweetgreen stock soars after BofA says buy it, and nearly doubles price target [1035d]
• The Tell: Retail investors keep chasing the stock market rally, rotating to EVs from AI: analysts [1035d]
• : The reason U.S. car sales surprised Wall Street? People still overspend on cars. [1035d]
• Futures Movers: Oil prices pare losses with U.S. crude supplies down a third straight week [1035d]
• The Moneyist: My husband and I are 64. We have $1.5 million in retirement accounts. He wants to travel. I’m more cautious. Who’s right? [1035d]
• Market Extra: Mullen Automotive’s stock more than doubles in 2 days. Here’s why. [1035d]
• Economic Report: U.S. service sector strengthens in June for 6th month, ISM says [1035d]
• : Nearly half of U.S. tap water contains ‘forever chemicals’ or PFAS. Who is most at risk? [1035d]
• Key Words: Twitter CEO responds to Meta Threads: ‘We’re often imitated — but the Twitter community can never be duplicated’ [1035d]
• : U.S. service sector firms are not concerned about recession, ISM survey finds [1035d]
• Washington Watch: Biden’s age is figuring ‘prominently’ in the 2024 White House race — but here’s what the pundits could be getting wrong [1035d]
• : Ford’s U.S. sales rise 11% in latest quarter [1035d]
• The Margin: Allergy alert: belVita recalls breakfast sandwiches that may contain peanuts [1035d]
• : What borrowers need to know now about Biden’s new plan to cancel student debt [1035d]
• : FIS to sell Worldpay to GTCR in a deal that will net the fintech proceeds of $11.7 billion [1035d]
• In One Chart: Here are the Biden campaign donors who have become U.S. ambassadors — in one chart [1035d]
• Deep Dive: These 20 banks have had the largest cuts to earnings estimates [1035d]
• The Fed: Fed’s Logan calls for more restrictive policy to combat inflation [1035d]
• : Not sure how to retire? There’s a class for that. [1035d]
• Brett Arends's ROI: With house prices this high, should retirees sell their homes and rent? [1035d]
• Economic Report: U.S. trade deficit narrows in May from six-month high in prior month [1035d]
• Economic Report: Jobless claims climb to 248,000 after big increases in Michigan and New York [1035d]
• Economic Report: U.S. private sector adds 497,000 jobs in June, ADP says, in biggest increase since July 2022 [1035d]
• Market Extra: Why Wall Street’s biggest bull sees stock market hitting new record in 2nd half [1035d]
• Metals Stocks: Gold prices slightly higher as U.S. dollar slips [1035d]
• Mark Hulbert: Top investment newsletters aren’t bullish on Tesla or Meta Platforms. Here’s what they do like. [1035d]
• Need to Know: A generational wealth period awaits for investors ready to buy this neglected sector, says strategist [1035d]
• Movers & Shakers: Meta stock climbs after launching Threads, Exxon shares slip after update, and other stocks on the move [1035d]
• Help Me Retire: My 57-year-old husband works three shifts and is ‘burned out’ — I had cancer, and healthcare is a concern. Can he retire? [1035d]
• Bond Report: Two-year Treasury yields close to highest since 2006 as jobs data loom [1035d]
• : The world’s already in recession, this strategist argues — and most markets agree [1035d]
• NerdWallet: Most people can’t afford long-term care, but there are some ways to cover the costs [1035d]
• NerdWallet: Don’t hold your breath waiting for rental car prices to drop—here’s why they’re so expensive [1035d]
• Next Avenue: Older Americans are getting healthier; here’s what’s working for them and what’s not [1035d]
• NerdWallet: 5 essential money conversations to have before you get married [1035d]
• Kelley Blue Book: Should you buy a used EV? Here are 10 things to know before you make the leap. [1035d]
• Market Snapshot: U.S. stock futures retreat as Fed hawks push up bond yields [1035d]
• Key Words: BlackRock CEO Larry Fink compares bitcoin to digital gold as ETF applications at SEC stack up [1035d]
• : The stunning gap between how much Americans earn and how much they need to feel ‘financially secure’ [1035d]
• : Threads debuts to crush of users and a question: How do I import followers from Twitter? [1035d]