From U.S. Steel’s $1 billion market cap to Apple’s $1 trillion: a brief history of valuation milestones

MARKETWATCH FRONT PAGE

As Apple becomes the first $1 trillion U.S. company, what were the first companies to reach the $100 billion and $500 billion milestones? See full story.

This chart says stocks are about to run out of gas in a big way

Can stocks notch a weekly win on this jobs day? Our chart of the day suggests a big unwind is taking place for the S&P 500. See full story.

Kamala Harris has a terrible idea to lower the high cost of renting

Rent control or tax credits won’t fix the affordability problem; only more houses will, says Rex Nutting. See full story.

U.S. gains 157,000 jobs in July as unemployment falls to 3.9%

The U.S. posted another solid spurt in hiring in July, showing that companies are still able to find enough workers to meet the growing needs of a rapidly expanding U.S. economy. Some 157,000 new jobs were created last month and the unemployment rate fell to 3.9%. See full story.

Republican National Committee warns donors about Kochs | Pompeo says North Korea is far from denuclearizing

The Republican National Committee warns donors to steer clear of the Koch brothers; Secretary of State Mike Pompeo says North Korea is far from denuclearizing; Democratic senators want probe into Trump’s Air Force One tours; and more. See full story.

MARKETWATCH PERSONAL FINANCE

Some 30 million taxpayers may not have had enough money taken out of their paychecks, a new government report found. See full story.

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