Tim Cook wasn’t a ‘product guy’ — so he re-engineered Apple instead
Dismissed as “not a product guy,” the outgoing CEO proved that supplychain mastery could take Apple to new heights. Source：MarketWatch
Where are all the new jobs? Hiring slows again — and it probably won’t speed up soon.
The U.S. labor market seemed to be on upswing after a surge in new employment early this year — but a summer slowdown in hiring and fewer helpwanted ads…
Corporate earnings have been growing at a blistering pace. Here’s why that’s not likely to last.
The recent blistering pace of earnings growth is unsustainable. Source：MarketWatch
The S&P 500 keeps climbing on days when stocks broadly struggle. Here’s what’s going on.
Investors’ intense focus on AI is at times adding to the might of a small club of Big Tech stocks with mega market values to potentially make or break a single…
Stablecoins not credible for payments at scale, BIS chief says
BIS chief Pablo Hernández de Cos said stablecoins lack credibility for payments at scale, while a new FSI study highlights sharp differences in issuer rules.…
Microsoft’s stock seals its longest winning streak of the year as AI software fears fade
Microsoft’s software offers capabilities that will be critical for AI, one analyst notes. Source：MarketWatch
Kevin Warsh gets what every Fed chair hopes for: A bond market that trust his words
Kevin Warsh passed another big test as a new Federal Reserve chairman on Friday: He said the central bank still has work to do on inflation, and the bond…
Meet Generation Renter — young Americans who no longer expect to ever own a home
Also in Weekend Reads: How to start investing, an AI boost for an old industry and advice from the Moneyist. Source：MarketWatch
Bullish provides USD.AI $100M stablecoin facility for GPU-backed lending
The institutional crypto exchange is providing $100 million in stablecoin liquidity to support loans backed by AI computing infrastructure. Source：Cointelegraph
Solana vote to double disinflation passes by a hair in dramatic finish
Solana's first networkwide vote went down to the wire, with a Krakenlinked validator switching sides before the disinflation proposal narrowly passed.…
Why you shouldn’t use AI to pick a Medicare plan
Using artificialintelligence tools to help navigate Medicare’s openenrollment season might seem like an easy way to simplify what can be an overwhelming…
Bitcoin dips to $78.4K as Fed’s Warsh downplays softer inflation prints
Bitcoin failed to make a decisive break above $80,000 as traders digested Fed Chair Kevin Warsh’s Jackson Hole keynote speech, which remained wary of US…