Peek Inside the Ritzy Real Estate of the Late Ivana Trump and with Roe v. Wade overturned, Georgia allows pregnant women to claim embryos as dependents — and it may not be the last state to do so

Peek Inside the Ritzy Real Estate of the Late Ivana Trump and with Roe v.  Wade overturned, Georgia allows pregnant women to claim embryos as dependents — and it may not be the last state to do so

Hi, MarketWatchers. Don’t miss these top stories. Fed’s Mary Daly says ‘I don’t feel the pain of inflation anymore’ — here’s the full context of her remarks The San Francisco Fed president also said ‘we have to worry’ about those who can’t afford rising prices in an interview Wednesday. Here’s what she said in full. … Read more

Most US businesses grow faster in July, ISM finds, in a sign of resilient economy

The numbers: An ISM barometer of business conditions at companies such as restaurants and hotels rose to a three-month high of 56.7% in July, suggesting the economy continues to expand in the face of growing headwinds. Orders and production rose, hiring improved and intense inflationary pressures eased somewhat last month, business executives told the Institute … Read more

‘Metaverse’ dating? Tinder crypto? Not in this economy, Match CEO says

Match Group Inc. shares were pummeled Tuesday after the online-dating company’s new chief executive detailed a slowdown for its most popular product, Tinder, and decided to pause newer initiatives such as Tinder-based crypto and “metaverse” dating. Match MTCH, +4.32% reported a loss of $31.86 million, or 11 cents a share, down from a profit of … Read more

Apple follows up ‘resilient’ earnings, swift iPhone sales with debt deal that could reach $6.5 billion

Apple Inc., fresh off upbeat quarterly results tied to robust iPhone sales, rolled out a four-part bond deal on Monday to raise new debt. The new deal from Apple AAPL, -0.47% could raise up to an estimated $4 billion to $6.5 billion for the technology giant through the issuance of four series of bonds with … Read more

Big Tech survived the earnings test, but many more tech companies are picking up their pencils

Wall Street breathed a sigh of relief after Big Tech produced results that were largely not as bad as feared (except for Facebook), but the hardest part of this earnings season may arrive in the coming week. A parade of smaller tech companies in sectors that received a huge pandemic bounce that may be coming … Read more

EY plan to split audit and consulting arms slowed down by leadership shifts, debt

Ernst & Young’s effort to split its audit and consulting businesses has been slowed by a change in its US leadership, as well as complications over its multibillion-dollar debts, according to people familiar with the matter. A “go or no-go” decision by the Big Four accounting firm’s senior executives, originally scheduled for June, is now … Read more

Consumers are pessimistic about inflation and the economy, sentiment poll shows

The numbers: A survey of consumer sentiment posted a final reading of 51.5 at the end of July, up slightly from earlier in the month but still near the lowest level on record. Americans are very worried about inflation and trying to cut expenses. The survey initially produced a 51.1 reading earlier in the month. … Read more

Crypto market stands like Nasdaq in the early 2000s. Here’s why

Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch, and I’ll walk you through the latest in this bear market. Find me on Twitter at @FrancesYue_ to send feedback, or tell us what you think we should cover. You can also … Read more

Bank of America, Marriott CEOs to meet with Biden on economy as recession debate heats up

President Joe Biden is due to huddle with a small group of top CEOs on Thursday and speak on the US economy, following the release of a report that’s intensifying the debate about whether a recession has already begun. Biden is scheduled to speak twice on economic topics, first at noon Eastern on a newly … Read more

US economy shrinks in the second quarter, GDP shows, and invites talk of recession

The numbers: The US economy shrank at an annual 0.9% pace in the second quarter to mark the second decline in a row, intensifying a debate over whether the US has already sunk into a recession. Gross domestic product, the scorecard of sorts for the economy, had shrunk at a 1.6% pace in the first … Read more