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Crypto Joins the S&P 500. Here's What the Critics Are Saying

Coinbase became the first-ever native crypto company to join the S&P 500. Critics and naysayers are concerned about the potential risk of crypto being added to the portfolios of everyday Americans. Coinbase represents a safer, more regulated way for investors to get exposure to crypto without buying cryptocurrencies directly.

Homeowners spend on renovations and repairs despite the uncertain economy and higher prices

U.S. homeowners are spending more on home renovation projects, bucking a broader pullback by consumers amid diminished confidence in the economy. Sales at building materials and garden supply retailers rose 0.8% last month from March, the biggest gain since 2022, and were up 3.2% from April last year. The trend comes even as prices for home improvement products have been rising.