In partnership with

In partnership with

In partnership with

Good day valued readers,

We hope this week's carefully curated selection of news finds you well. In this edition, we cover the latest developments across investing, finance, crypto, AI, and other topics to help you stay informed.

As always, our goal is to provide you with a professional, unbiased roundup of noteworthy news to augment your understanding of what's happening in the world. We take pride in hand-selecting articles from trustworthy sources across a diverse range of industries.

Please enjoy this week's newsletter. We're grateful for the opportunity to share these insights with you and look forward to continuing to be a valuable resource.

Read time: 7 minutes

Sign Up to this newsletter.

Image of the week

Quote of the week

Struggling to make more than $5k/month as a writer?

Here’s how to finally escape the freelancer hamster wheel:

• Stop positioning yourself as a “freelancer”—instead, be a Premium Ghostwriter

• Stop writing “anything” for “anyone”—instead, create a Premium Offer

• Stop trawling Fiverr or newsletters for clients—instead, use Premium Outreach

Stop “freelancing.”

Start Premium Ghostwriting.

Want to learn more?

Get a FREE, 5-step crash course on how to become a Premium Ghostwriter below.

Click here to get started.

Investing and Finance

Welcome to this week's newsletter, where we dive into the latest economic trends, tech innovations, and personal finance insights. The US economy has been making headlines with its reaccelerated growth in the second quarter, as shown by recent GDP figures, prompting discussions about the sustainability of this robust growth for the remainder of 2024. Meanwhile, the Federal Reserve continues its steady progress in tackling inflation, a key factor in shaping the economic landscape.

In the tech world, OpenAI's new 'SearchGPT' is stirring up excitement, potentially challenging Google's dominance in the search engine market. The semiconductor industry is also seeing significant developments, with Nvidia supplier SK Hynix announcing a massive $6.8 billion investment in a South Korean plant to meet the surging demand for AI chips. On the corporate front, AbbVie's stock hit a record high, driven by strong demand for its non-Humira portfolio, while Heineken faced a setback with shares falling 7% after missing first-half profit expectations.

Turning to personal finance, we explore the dynamics of income disparity in relationships, emergency fund strategies, and the concerning trend of US consumers feeling increasingly 'tapped out'. The housing market continues to evolve, with $1 million starter homes becoming the norm in over 200 US cities, reflecting the changing face of homeownership in America. As we navigate these complex economic waters, our newsletter aims to provide you with the insights and analysis you need to stay informed and make sound financial decisions.

1. US Economic Growth Reaccelerated in the Second Quarter, GDP Figures Show - Read more

2. How OpenAI’s New ‘SearchGPT’ Could Compete With Google - Read more

3. AbbVie Stock Hits Record High on Demand for Non-Humira Portfolio - Read more

4. She makes $550,000 a year. Her husband makes $60,000. Here’s how it affects their relationship - Read more

5. Will the US Economy Be Able to Sustain Robust Growth the Rest of 2024? - Read more

6. Slowly And Steadily, the Federal Reserve Is Making Progress on Inflation - Read more

7. Nvidia Supplier SK Hynix To Spend $6.8B on South Korea Plant To Meet AI Chip Demand - Read more

8. Most Americans Aren't Ready For Unexpected Expenses. Emergency Funds Can Help - Read more

9. A $1 million starter home is now the norm in more than 200 US cities - Read more

10. The US economy is pulling off something historic - Read more

11. Heineken shares fall 7% after first-half profit miss - Read more

12. US Consumers Are Increasingly ‘Tapped Out’ - Read more

Trade Smarter with these Free, Daily Stock Alerts

It’s never too late to learn how to master the stock market.

You’ll receive daily trade alerts sent directly to your phone and email detailing the hottest stock picks.

The best part? There’s no cost to join!

Expert insights will be at your fingertips instantly.

Subscribe Now for Free

Crypto News

Welcome to this week's crypto newsletter, where we explore the latest developments in the world of digital assets and blockchain technology. The cryptocurrency market is abuzz with excitement as we witness the potential expansion of ETFs beyond Bitcoin and Ethereum. Cardano's founder, Charles Hoskinson, has stirred debate with hints of a possible Cardano ETF, while Solana ETFs are reportedly next in line following the successful launch of Ethereum ETFs.

This expansion of investment options is gaining traction, with Jersey City's Mayor boldly declaring "Bitcoin Won" and announcing plans to invest pension funds in Bitcoin ETFs. However, the industry still faces regulatory challenges, as evidenced by Coinbase UK's recent $4.5 million fine for 'high-risk' customer onboarding practices. On the institutional front, Marathon Digital has made waves by purchasing $100 million in Bitcoin and adopting a 'Full HODL Strategy', signaling strong confidence in the long-term value of the cryptocurrency.

Meanwhile, innovative blockchain projects continue to emerge, with Core Chain launching a dual staking model to boost Bitcoin yields and the long-awaited 'Illuvium' Ethereum games finally debuting on the Epic Store. In an unexpected turn of events, former US President Donald Trump has proposed a strategic national crypto stockpile, advising "Never sell your bitcoin," which has prompted Hong Kong lawmakers to consider including Bitcoin in their financial reserves.

As the 2024 US election approaches, we're seeing increased political engagement with crypto, exemplified by the Harris campaign's efforts to repair Democratic Party ties with the crypto sector. Amidst these developments, industry veteran Michael Saylor has made a bold prediction, forecasting that Bitcoin's market cap will reach $280 trillion by 2045. As always, our newsletter aims to keep you informed about these rapidly evolving trends in the crypto space, helping you navigate the exciting yet complex world of digital assets.

1. Cardano ETF coming up next? Founder Charles Hoskinson stirs debate - Read more

2. Solana ETFs Next in Line As ETH ETF Debut, Here’s How the Future Looks Like - Read more

3. ’Bitcoin Won’: Jersey City Mayor Says Pension Fund to Invest in Bitcoin ETFs - Read more

4. Coinbase UK fined $4.5 million for ‘high-risk’ customer onboarding - Read more

5. Marathon Digital Buys $100 Million in Bitcoin, Adopts 'Full HODL Strategy' - Read more

6. Core Chain Launches Dual Staking Model to Boost Bitcoin Yields - Read more

7. Long-Awaited ‘Illuvium’ Ethereum Games Launch on Epic Store - Read more

8. Trump proposes strategic national crypto stockpile: ‘Never sell your bitcoin’ - Read more

9. Harris campaign aims to repair Democratic Party ties with crypto sector - Read more

10. Hong Kong lawmaker advocates for including bitcoin in financial reserves following Trump’s speech - Read more

11. Michael Saylor Predicts Bitcoin Will Hit $280 Trillion in Market Cap by 2045 - Read more

Get value stock insights free.

PayPal, Disney, and Nike recently dropped 50-80%. Are they undervalued? Can they recover? Read Value Investor Daily to find out. We read hundreds of value stock ideas daily and send you the best.

Subscribe with one click.

Artificial Intelligence

Welcome to this week's AI and technology newsletter, where we explore the latest breakthroughs and controversies in the world of artificial intelligence. The capabilities of AI continue to astound us, with recent achievements including solving International Mathematical Olympiad problems at a silver-medal standard and Stanford Engineering's collaboration with Toyota Research Institute to achieve autonomous drifting. However, these advancements are not without their challenges and ethical concerns.

The AI video generator Runway has stirred controversy by training on thousands of YouTube videos without permission, while Anthropic's crawler is reportedly ignoring websites' anti-AI scraping policies. In the realm of search and information retrieval, Microsoft is enhancing Bing with AI-powered summaries, while non-Google search engines face difficulties accessing recent Reddit results. The reliability of AI-generated content is under scrutiny, as models fed with AI-generated data have been observed to quickly produce nonsense outputs.

On the business front, Airtable's AI promises to revolutionize app development, potentially rendering coding bootcamps obsolete. However, investors are growing concerned about the lack of serious revenue from AI investments. Financial institutions like Morgan Stanley are moving forward with developing their own AI solutions, while Google's AI is making strides in predicting long-term climate trends and weather patterns in minutes.

As AI becomes more integrated into our daily lives, researchers are exploring new applications, such as training home robots using simulations based on iPhone scans. However, this integration also raises security concerns, with AI now capable of revealing screen contents through signal leakage from cables. As we navigate this rapidly evolving landscape, our newsletter aims to keep you informed about the latest AI developments, their potential impacts, and the ongoing discussions surrounding their implementation and regulation.

1. AI achieves silver-medal standard solving International Mathematical Olympiad problems - Read more

2. AI Video Generator Runway Trained on Thousands of YouTube Videos Without Permission - Read more

3. Anthropic’s crawler is ignoring websites’ anti-AI scraping policies - Read more

4. Microsoft is adding AI-powered summaries to Bing search results - Read more

5. Non-Google search engines blocked from showing recent Reddit results - Read more

6. AI models fed AI-generated data quickly spew nonsense - Read more

7. Forget coding bootcamps: Airtable’s AI can build your app in seconds - Read more

8. Investors Are Suddenly Getting Very Concerned That AI Isn't Making Any Serious Money - Read more

9. AI-directed, driverless drift: Stanford Engineering and Toyota Research Institute achieve autonomous milestone - Read more

10. Morgan Stanley Moves Forward on Homegrown AI - Read more

11. Google AI predicts long-term climate trends and weather - in minutes - Read more

12. AI can reveal what’s on your screen via signals leaking from cables - Read more

13. Researchers are training home robots in simulations based on iPhone scans - Read more

Top Article Picks this week

Welcome to this week's newsletter, where we explore a diverse range of topics from psychology to linguistics, lifestyle to history, and personal development to cultural phenomena. We begin with a sobering insight from a psychologist who's treated 50 narcissists, offering a fundamental truth about the nature of narcissistic behavior. Shifting gears, we delve into the fascinating world of language development, examining how babies begin to acquire linguistic patterns even before birth.

For those curious about the lifestyles of the ultra-wealthy, we take a peek into the travel habits of billionaires, revealing some surprising truths. As we reflect on life's journey, we ponder the question: what advice would you give your younger self? This leads us to explore the emergence of a new breed of parenting gurus, reshaping how we think about raising children in today's complex world. Looking ahead, we preview the upcoming Paris Olympics, highlighting key events and athletes to watch. We then take a historical detour, tracing the 600-year evolution of the singular 'they' in the English language.

For those seeking personal growth, we offer insights into five valuable skills you can master in your spare time. We also explore the art of saying no, a crucial skill for living a more focused and higher quality life. Finally, we uncover the surprising history behind the standard dimensions of paper, revealing how this everyday object carries centuries of cultural and industrial heritage. Join us as we explore these intriguing topics, offering fresh perspectives and thought-provoking insights to enrich your week ahead.

1. ‘It’s a fundamental truth’ that the narcissist in your life won’t change, says psychologist who’s treated 50 of them (Reading time: 3 min) - Read here

2. Baby talk - When babies are born, they cry in the accent of their mother tongue: how does language begin in the womb? (Reading time: 23 min) - Read here

3. The truth about how billionaires travel (Reading time: 10 min) - Read here

4. What one piece of advice would you give your younger self? (Reading time: 5 min) - Read here

5. The Rise of a New Kind of Parenting Guru (Reading time: 17 min) - Read here

6. Paris Olympics: What to watch for (Reading time: 8 min) - Read here

7. The 600-Year History of the Singular ‘They’ (Reading time: 4 min) - Read here

8. Five Skills to Learn in Your Spare Time, and How to Master Them (Reading time: 6 min) - Read here

9. The Art of Saying No: Live a More Focused, Higher Quality Life (Reading time: 7 min) - Read here

10. The Reason Why a Standard Piece of Paper Is 8.5 Inches by 11 Inches (Reading time: 2 min) - Read here

Weekly YouTube videos

Investment Bonus

🎇 Welcome to the world of passive income!

❄ With Honeygain, you can make money by simply sharing your unused Internet. Join Honeygain and get $3 gift! Claim your $3 gift in 3 easy steps! Register to Honeygain. Install the app. Share your traffic and get ready for your first payout! Earn up to $30 a month.

Honeygain - Share your unused internet connection - Join Here!

Book of the week

Chuck Palahniuk's "Fight Club" is a raw, visceral exploration of masculinity and identity in modern society. The unnamed narrator's journey from a mundane existence to the chaotic world of underground fighting is both thrilling and unsettling. Palahniuk's razor-sharp prose cuts through the veneer of consumerism and corporate culture, exposing the underlying desperation and disillusionment of a generation. The character of Tyler Durden emerges as a magnetic and dangerous force, embodying the suppressed desires and frustrations of the narrator.

As the fight clubs evolve into a larger, more sinister movement, the novel delves deeper into themes of anarchy, self-destruction, and the search for meaning in a world that seems devoid of it. Palahniuk's dark humor and unflinching depiction of violence serve to underscore the novel's critique of societal norms and expectations. The twist ending, now infamous in popular culture, forces readers to reevaluate everything they've read, adding layers of complexity to an already thought-provoking narrative.

"Fight Club" challenges readers to question their own complacency and the structures that govern their lives. The novel's exploration of male bonding and aggression is both fascinating and disturbing, offering insight into the psychology of its characters and, by extension, society at large. Palahniuk's writing style, with its staccato rhythms and repetitive mantras, perfectly captures the fractured psyche of the narrator. The book's influence on popular culture cannot be overstated, spawning countless discussions, adaptations, and imitations.

While some may find the novel's violence and nihilism off-putting, its underlying message about the need for authentic human connection resonates deeply. "Fight Club" remains a powerful, provocative work that continues to challenge and engage readers long after its initial publication. In the end, Palahniuk's debut novel stands as a seminal work of contemporary fiction, a blistering critique of consumer culture, and a darkly comedic exploration of what it means to be alive in the modern world.

And finally…

Do you want to get free shares worth up to €100?

Join Trading 212 Invest with this link, and we will both get FREE shares.

Thanks for reading!

If you like what you read, forward it to your friends, so they can sign up here.