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Why the USO oil ETF is a better buy than crude futures as the Iran war rages
The United States Oil Fund has climbed by 58% since the start of the Iran war, more than double the gain of WTI crude futures. Source：MarketWatch
Stocks and bonds see wild ‘Fed Day’ swings as Wall Street’s ‘crash cushion’ evaporates
Major equity indexes put in their worst “Fed Day” performance since December 2024, while the yield on the 30year bond shot higher. Source：MarketWatch
Robinhood posts record quarter, but crypto revenue slides 38%
The online brokerage continued expanding its digital asset business with Robinhood Chain, tokenized stocks and decentralized lending even as cryptocurrency…
Binance.US to attempt prediction markets entry as CFTC-licensed entity, says CEO
The CEO of the US crypto exchange said that the company would apply for a license with the CFTC in August allowing it to offer prediction markets.…
‘Love Island USA’ winners are spending their $100,000 prize money in a very relatable way
Trinity Tatum and Bryce Alakai aren’t spending their realityTV winnings on shopping sprees just yet. Source：MarketWatch
Looking for a second home? Sellers in these markets could be ready to make a deal.
House hunters could find good prices in secondhome markets across the South and Midwest. Source：MarketWatch
Tennessee county passes another ban on crypto operations
A group of 12 county commissioners voted unanimously to ban mining facilities and data centers in unincorporated areas as it deals with a lawsuit by a digital…
US prosecutors propose changes to CLARITY as voting window narrows: Report
A White House crypto adviser said that the proposed changes to the CLARITY Act were “not even close” to the administration’s position, signaling another fight…
I’m managing a former colleague who just can’t keep up with her workload. How do I handle this without being a jerk?
“I wish she would just find somewhere else to work.” Source：MarketWatch
Americans are living longer than our retirement system can handle — and many of us are unprepared
Watch out for these 4 major financial pitfalls. Source：MarketWatch
The big focus now is on the potential for a September rate hike after the Fed stands pat
Markets should be ‘on alert for a hike in September, particularly with war clouds pushing up energy prices again,’ one economist says Source：MarketWatch