May is on track to become the first month in 2023 when NFT trading volume will fall well below $1 billion, according to new analysis from DappRadar. But brands, despite the low trading volume, are surprisingly still launching NFT collections.
The New York Post: Jay-Z, Beyoncé buy most expensive home ever in California for $200 mln
Beyoncé and Jay-Z reportedly splashed out a whopping $200 million for a Malibu oasis designed by the same architect who’s crafting Kanye West’s oceanfront home.
In One Chart: Stocks tend to rise when the Fed stops raising rates, but there’s more to the story
Since the ’70s, the S&P 500 gained 8.1% on average, when looking a year after the Federal Reserve stopped hiking rates in past cycles, according to UBS.
: Disney board banned tattoo parlors, liquor stores, adult entertainment, prior to DeSantis takeover
Disney and DeSantis have been engaged in a tit-for-tat feud over the last year stemming from Disney’s public opposition to Florida’s ‘Don’t Say Gay’ law.
: Why Microsoft is giving away a Zune MP3 player that’s 15 years old — and may not work
Microsoft’s ‘Zune sweepstakes’ with ‘Guardians of the Galaxy Vol. 3’ offers an unopened MP3 player — while some used Zune products sell on eBay for about $600.
Brett Arends’s ROI: Brokerage firm lured politically right-leaning seniors into gold-coin scam, says U.S. regulator
Sean Kelly and his Red Rock Secured firm played on fears of inflation and government policy to sell gold and silver coins at vastly inflated prices, SEC claims.
Mutual Funds Weekly: These money and investing tips can put a floor under the debt-ceiling crisis
Money and investing stories popular with MarketWatch readers over the past week.
Deep Dive: Tech-stock picks that are small and focused: This fund invests in unsung innovators. Here are 2 top choices.
Robert Stimpson of Oak Associates Funds has tips for investors on what to look for if they want to invest in tech companies with staying power.
Personal Finance Daily: Most Americans aren’t happy with how much income tax they paid this year and how to invest in one of the hottest stock market sectors while cutting your risk
Friday’s top personal finance stories.
: As Morgan Stanley looks to replace James Gorman, where are the female bank CEOs?
Attention has been focused on the executives that run Morgan Stanley’s three main business lines to potentially succeed Gorman, all of whom are men.
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