Things to know before July 4th

- coinbase offers $50 million                                                                                                                                                                                                                                                                                                                                                                                                                 June 27, 2023 | [Read Online]( Check this out: - Trend Tracker - Up To Date News and Trends On The Stock Market 📈 - Hot or Not? - All Your Real Estate Needs 🏠- Crypto Chronicles - Basically the Avengers of Crypto! How Cool Is That? 🦸‍♂️ - Money Moves - Who doesn’t wanting to be making money moves? Latest on your Personal Finance. 📈 Trend Tracker [Walgreens stock sinks after company warns of lower profits]( due to 'lower than expected' COVID-19 vaccine spending. The pharmacy giant said that it expects profits to be down by as much as 13% in the second quarter, as consumers are spending less on COVID-19 vaccines and other treatments. This news sent Walgreens' stock down by more than 9% in early trading. [Stocks edge higher in early trading,]( looking to rebound from recent losses. The S&P 500 and Dow Jones Industrial Average were both up slightly in early trading on Tuesday, as investors looked to snap a six-day losing streak for the Dow. The tech-heavy Nasdaq Composite was also up, gaining 0.4%. Investors will be watching economic data due out later in the week for signs of how the US economy is holding up as the Federal Reserve raises interest rates. [Florida Governor Ron DeSantis is arguing for immunity from a lawsuit]( filed by The Walt Disney Company. The company sued the state after DeSantis signed a bill that dissolves the Reedy Creek Improvement District, which is a special taxing district that Disney controls. Disney argues that the law violates its constitutional rights and was passed in retaliation for its opposition to a controversial parental rights law. 🏠Hot or Not? [Is now a good time to buy a house?]( The housing market is hot, but there are pros and cons to buying now. Consider your financial situation, your needs, and the future of the market before making a decision. [New home sales in the United States surged for the third straight month]( in May, reaching a seasonally adjusted annual rate of 704,000. This is the highest level of new home sales since June 2007. The surge was driven by strong demand and a limited supply of homes on the market. Mortgage rates have also been rising, which could help to cool the market in the coming months. Crypto Chronicles 💥 [Coinbase Offers $50 Million Loan to Hut 8 Mining as Bitcoin Halving Approaches.]( Cryptocurrency exchange Coinbase has offered a $50 million loan to Hut 8 Mining, a Canadian crypto mining company, to help it prepare for the 2024 Bitcoin halving. The halving is an event that occurs every four years when the reward for mining a block of Bitcoin is cut in half. This makes it more difficult to mine Bitcoin, and could drive up the price. The loan from Coinbase will help Hut 8 expand its mining operations and increase its hashrate, which is the amount of computing power it has available to mine Bitcoin. [Bitcoin briefly pushed above $31,000 on Tuesday]( after a report that asset management giant Fidelity was preparing to file for a spot bitcoin ETF. The news prompted a short-lived rally, but the price of the leading cryptocurrency has since pulled back to around $30,500. Fidelity has not yet confirmed whether it will file for a spot ETF, but the report has nonetheless boosted sentiment in the bitcoin market. [TrueUSD, a popular stablecoin, has only $26,000]( in reserves at its US depository, according to a new report. This has led to the stablecoin's issuer, Prime Trust, halting withdrawals. 💸 Money Moves 💰 [Costco is cracking down on unauthorized card sharing]( among non-members. The company has reportedly noticed an increase in card sharing at self-checkout registers, and is now requiring all members to present their cards at checkout. This change is likely to inconvenience some non-members, but it is a necessary step to protect Costco's business. [Student loan payments are set to resume in October]( after a three-year pause. Borrowers should start preparing now by creating a budget and making a plan to repay their loans. There are also a number of repayment options available, so borrowers should explore their options to find the best fit for their financial situation. [The worst times to drive or fly during the 4th of July]( holiday weekend are Thursday, June 29th between 4-6pm, Friday, June 30th between 10am-5pm, Saturday, July 1st at 1pm, and Tuesday, July 4th between noon-3pm and Wednesday, July 5th between 3-6pm. Plan your travel accordingly to avoid the worst of the traffic. You got it! Alright, financial mavericks, it's time to wrap up today's discussion. But fear not, we can keep the conversation going like the true money mavericks we are. Share Financial Maverick Calling all Financial Mavericks! To help out a family and friend in need by sharing this newsletter. Tell you what if you ever wanted to be a Hero, Financial Guru, or a Nice Person this is your time! [Click to Share]( Did today's newsletter hit the spot? 😉 - [Heck Yeah! Money Moves!]( - [Nah! Was More like Financial Dumpster]( DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.  [fb]( [tw]( [ig]( Update your email preferences or unsubscribe [here]( © Financial Maverick 19354 Watermark Drive, Suite 202 Cornelius, North Carolina 28031, United States