💸 Side-hustlin’

Plus, a packed week in the financial markets
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SoFi On The Money
July 28, 2025
 
 
THE SOFI SO WHAT

Side Hustles That Don't Feel Like a Hustle
By Rebecca Moretti

Summer is a time to relax and vacation, but it can also be an ideal time to earn extra cash — especially since the cost of kicking back can add up. But how can you have a side gig without ruining your summer vibe? Here's a list of side hustles that don't necessarily feel like a hustle.
Read more
 
 
5 THINGS TO DO

5 Ways to Avoid a Financial Storm This Hurricane Season
By Lora Shinn

With peak hurricane season in the Atlantic beginning in mid-August, preparing yourself financially can be just as important as stocking supplies or boarding up windows.

In fact, with the National Oceanic and Atmospheric Administration (NOAA) predicting above-normal hurricane activity for the season, taking care of a few simple things now could help you avoid a financial storm later. (And it's not just a coastal concern: Hurricanes can cause damage hundreds of miles inland too.)

Here are five things to do to batten the financial hatches.
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WEEK AHEAD ON WALL STREET

A Lot to Digest
By Mario Ismailanji

Get ready for a pivotal week for financial markets. The calendar is full of important events, with the Federal Reserve's interest rate decision sandwiched between a bunch of big corporate earnings reports and the release of monthly unemployment data.

This week is the busiest week of the second-quarter earnings season, with nearly a third of S&P 500 companies set to report results. Most closely watched and potentially market-moving are likely to be technology giants Meta Platforms (META), Microsoft (MSFT), Amazon (AMZN), and Apple (AAPL).

But not to be outshined, the Fed's rate-setting committee will hold its July meeting, and no doubt tariffs and inflation will be a hot topic. Market pricing currently indicates just a 3% chance the Fed will cut its benchmark interest rate, so the main focus will likely be on the outlook for prices and economic growth. Investors will parse every word of the Fed statement and press conference on Wednesday, looking for clues on when the central bank might lower rates.

The week will be topped off with the release of second-quarter Gross Domestic Product (GDP) and July employment data. These will help shed light on the strength of the labor market, including how companies are responding to economic uncertainty. A strong or weak report could either complement or contrast with the Fed's message from Wednesday.

However it goes, investors will have a lot to digest.
Read more
 
 
BUSINESS BITES

Informed investment decisions start with informed insights. Here's what's making headlines:

🔋  Elon Musk warned Tesla (TSLA) investors that there could be "a few rough quarters" ahead because the $7,500 federal EV tax credit is expiring in September. The EV maker reported its second-straight quarter of falling car sales. (CNBC)

💊  More troubles for UnitedHealth Group (UNH): America's largest health insurance company said it's facing criminal and civil investigations from the Justice Department over its Medicare billing practices. (ABC News)

👛  LVMH (LVMHF), the luxury behemoth behind Louis Vuitton, Dior, and Moët, saw fashion and leather goods sales fall 9% last quarter. The company is struggling in the economic slowdown, especially in China — a key market. (Business of Fashion)
 
 
WHAT WE’RE LISTENING TO

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How to beach on a budget: Surprising tips from the Federal Reserve's beige book (NPR)
Listen here
 
 
Intel, insights, and inspo for your money.
On the Money cuts through the noise of day‑to‑day financial news to bring you a more thoughtful point of view on what's important in this moment — and how it impacts your bottom line. We value your trust above all.
 
 
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