Fin Watch
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Daily Fresh Financial News.
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🇺🇸 S&P 500 just had its BEST DAY since November 2022, rising 2.3% 🚀

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🇺🇸 United States credit card debt has hit an all-time record of $1.14 trillion.

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🔥 Amazon, $AMZN, has partnered with TikTok to enable #TikTok users to buy items from Amazon without leaving the TikTok app.

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📣 World Federation of Advertisers closes down after being sued by Elon Musk's X and Rumble, FOX business

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🇺🇸 U.S. Now Has:

1. Record $17.8 trillion in household debt

2. Record $12.5 trillion in mortgages

3. Record $1.6 trillion in auto loans

4. Near record $1.6 trillion in student loans

5. Record $1.1 trillion in credit card debt

Total household debt is now up 53% over the last 10 years and total credit card debt is up 50% since 2020.

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🚨🚨 BREAKING: Venezuela 🇻🇪 president Nicolas Maduro says #X will be banned in the country for 10 days.

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🇨🇳 WSJ reports that China's local governments have 'racked up as much as $11 trillion in off-the-books debt to build industrial districts, resorts, transit systems and housing projects, including many that failed'.

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⚡️CNBC reports that the markets believe the #FED no longer needs to be aggressive with rate cuts.

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🚨🚨🚨 #BREAKING A plane with 68 people on board crashed in the town of Vinhedo, Brazil

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📊 Making $150,000 is considered 'lower middle class' in in CA, VA, WA, AZ, per GoBankingRates.

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🇺🇸TRUMP ON FEDERAL RESERVE'S MISTAKES

- Federal Reserve has "gotten a lot wrong"
- US Presidents should have a say in Fed actions.
- I have a better instinct than people on the Federal Reserve or the chairman.

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🇫🇷 French President Macron says:
"The war in Gaza must stop. Full support from France to the American, Egyptian, and Qatari mediators."


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🚨🚨 Meta Materials, $MMAT, has filed for Chapter 7 bankruptcy and has fully ceased operations

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🚨🚨🚨 BREAKING: Researchers at Defcon are about to reveal a flaw in 100+ million $AMD chips called "Sinkclose," which allows hackers install undetectable, unfixable malware 🤯

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🪦 Former YouTube CEO, Susan Wojcicki has died of cancer at the age of 56

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🚨🚨 Hedge Funds have now built the largest net short position on #commodities in 13 years.

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BREAKING: 🇨🇦 Canada's youth unemployment rate rises to 14.2% in July, its highest since September 2012 excluding the pandemic.

Among young men, the unemployment rate jumped 1.3percentage points in July, to a whopping 16.0%.

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BREAKING: 🚨 Kamala Harris is now leading Donald Trump by 5% points according to political trading market Polymarket

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🚨🚨🚨 BREAKING: Russian Airbase Hit by Massive Ballistic Missile Strike 🚀

A Russian airbase has been struck by a massive ballistic missile, according to reports.

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🚨🚨🚨 Hindenburg Research : Whistleblower Documents Reveal SEBI’s 🇮🇳Chairperson Had Stake In Obscure Offshore Entities Used In Adani Money Siphoning Scandal.

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📊 "Gold could end up being the best investment of 2024," per CNBC

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