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MARKETWATCH FRONT PAGE
The cost of living leaped in June by the largest amount since 2008 as inflation spread more broadly through the U.S. economy, raising fresh questions about whether the spike in prices will subside as quickly as the Federal Reserve predicts. See full story.
U.S. stocks hover near records after hot CPI data, as big banks kick off earnings season
Stocks are putting in a mixed performance a day after major benchmarks clinched another round of records, as investors sift through hotter-than-expected inflation data and parse quarterly results from some of the country’s biggest banks, including JPMorgan Chase & Co. and Goldman Sachs Group Inc. See full story.
Identity thief used burner phones and Apple Pay to buy diamond-encrusted bitcoin medallion — and $600K in luxury goods
The swag ranged from dozens of MacBooks and iPhones, a $35,000 Rolex watch and multiple pieces of jewelry, and actual bitcoin too. See full story.
Analysts expect earnings to be great. One bank says estimates are still too low.
Strategists at UBS say expectations for 64% growth in earnings per share still aren’t high enough. See full story.
‘I am done with the suburbs. I want a small, liberal town or city with a walkable downtown’: Where should my family move?
‘We are in our 40s and have two kids that are highly academically inclined, so we need to find an area with great schools.’ See full story.
MARKETWATCH PERSONAL FINANCE
The swag ranged from dozens of MacBooks and iPhones, a $35,000 Rolex watch and multiple pieces of jewelry, and actual bitcoin too. See full story.
