Fearing Trump’s tariffs, one bank has ratcheted up rate forecasts — in Australia
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Inflation ticked up in Europe in May. That likely won't stop a central bank rate cut.
Inflation ticked up to an annual 2.6% in Europe in MayABC News - World -
The case for more aggressive tariffs, exchange rates and monetary policy
As the presidential election approaches, opponents of tariffs are again warning of economic calamity if Trump’s proposals are implementedThe Hill - Politics -
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Inflation in 20 countries that use the euro rises to 2.6% in May, likely won't stop European Central Bank rate cut
Inflation in 20 countries that use the euro rises to 2.6% in May, likely won't stop European Central Bank rate cutABC News - World -
KBW cuts Valley National rating and upgrades UMB in bank balance sheet study
KBW lifts UMB Financial to “outperform” for the first time in 20 years, while Valley National gets cut to “market perform” as analysts weigh capital structures.MarketWatch - Business -
US home insurance rates up almost 38% since 2019: Report
U.S. homeowners are paying nearly 38% more for insurance than they did in 2019 due to higher home prices and inflationThe Hill - Politics -
First 2024 forecast from The Hill and Decision Desk HQ projects GOP has edge for President and U.S. Senate, closer call for U.S. House
May 30, 2024 (Washington D.C.) – The Hill and leading election results provider Decision Desk HQ (DDHQ) today released DDHQ’s first forecast for the 2024 races for President, the U.S. Senate and the U.S. House of Representatives – and the initial ...The Hill - Politics -
Liquidity is starting to dry up as the Fed conducts QT and bank lending slows, says JPMorgan
Liquidity is starting to dry up, which could it make it difficult for stocks and other risky assets to advance from here, according to analysts at JPMorgan.MarketWatch - Business -
For weary Democrats, Trump verdict is finally a bright spot
For Democrats who have suffered through a cycle of tough news about Joe Biden, Donald Trump’s conviction on 34 felony counts Thursday offered a rare bright spot.NBC News - Top stories - Donald Trump -
After parade of support, one Trump family member was at verdict
Mr Trump second son was the only relation in the courtroom. His wife and eldest daughter have largely remained silent.BBC News - Top stories - Donald Trump -
Biden Urges Israel and Hamas to Accept Cease-Fire Proposal
‘It’s time for this war to end,’ the president said, as families of hostages accused the Israeli government of giving up on their relatives and making the destruction of Hamas its priority.The Wall Street Journal - World - Joe Biden -
Fox News and MSNBC Notch Rating Wins After Trump’s Verdict
In prime time, MSNBC scored a rare Nielsen victory. Earlier, when the news broke, Fox News attracted the biggest live audience.The New York Times - Business - Donald Trump -
Germany’s fractious coalition dithers as the heat rises in Europe
Optimists have faith that the EU will always pull through but crisis-fighting depends on choices made in BerlinFinancial Times - World -
Meloni’s hard-right bid to shake up the EU
The Italian premier wants to upend the centrist consensus in Brussels but economic weakness limits her country’s influenceFinancial Times - World -
Biden, Democrats react to Trump's guilty verdict: 'No one is above the law'
Trump was found guilty of all 34 felony charges in the New York trial related to a hush money payment made to porn star Stormy Daniels.CNBC - Business - Joe Biden -
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TV news ratings surged with Trump felony conviction coverage. Here's how it was covered
Viewing surged for cable news and broadcast networks as they delivered a New York jury's verdict to convict Trump on 34 felony counts against him.Los Angeles Times - Entertainment - Donald Trump -
Carville predicts Trump won't show up for CNN debate with Biden
Longtime Democratic strategist James Carville says he doesn't believe former President Trump will actually show up to debate President Biden next month. "I don't think Trump will go to the debate. He doesn't do anything that's not in his perceived ...The Hill - Politics - Joe Biden -
Lawmakers up pressure on Biden to change struggling Sudan policy
“There is no evidence that U.S. policy is working,” said Michelle Gavin, former U.S. ambassador to Botswana.Politico - Politics - Joe Biden -
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Lawless and disorderly: Republicans line up behind Trump after conviction
Trump and his Republican allies sow distrust in US judicial system as analysts warn backlash could tear at social fabric in already volatile election year. A shameful day in American history. A sham show trial. A kangaroo court. A total ...The Guardian - World - Donald Trump -
Biden says Trump’s claim of rigged trial is ‘dangerous’ and ‘reckless’ in White House speech – live
The president said ‘Donald Trump was given every opportunity to defend himself’ and ‘no one is above the law’. While Donald Trump and his team argued for a change of venue for the New York hush money trial because Manhattan was so heavily ...The Guardian - World - Joe Biden -
Bragg says "the jury has spoken" after Trump conviction
Former President Donald Trump was convicted on 34 felony counts in the "hush money" trial in New York.CBS News - Top stories - Donald Trump -
Trump has been convicted. Here's what happens next
Donald Trump is now the first former U.S. president, and the first likely major party presidential nominee ever to be convicted of a crime.CNBC - Business - Donald Trump -
Now that Donald Trump has been convicted, what happens next?
Former President Donald Trump being found guilty of 34 counts will not stop him from being able to run for election in November -- and the case is not over yet.ABC News - Top stories - Donald Trump -
Trump Will Appeal Conviction, but Has Few Ways to Overturn Decision
The judge in Donald J. Trump’s case closed off many avenues of appeal, experts said, though his lawyers might challenge the novel theory at the case’s center.The New York Times - Top stories - Donald Trump -
EU prepares tariffs on Russian goods exempt from sanctions
Plan to target €42bn of imports could cover food, medicines and nuclear fuelFinancial Times - Business - European Union -
The nation's weather forecasting must rise to the challenges of climate change
Access to reliable forecasts at timeframes longer than seven days is long overdue, especially in the West, where conditions can rapidly swing between extreme droughts and floods.The Hill - Politics - Climate -
Australia 1-1 China: international women’s football friendly – live reaction
Heyman equalises in stoppage time to salvage draw52,912 fans in Adelaide Oval to cheer on MatildasChina are ranked 19th in the world by FIFA but their form is hard to gauge because they haven’t played yet in 2024. Their final matches of 2023 were ...The Guardian - World - Australia -
LGBTQ+ people at higher risk of some cancers possibly, due to fear of discrimination
Ahead of Pride Month, a new report has highlighted increased cancer risk for those who identify as LGBTQ+.ABC News - Top stories -
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Trump has been convicted — but that may not weigh down his White House bid. Here's why
Donald Trump is now the first former president, and the first major-party presidential candidate, ever to be convicted in a criminal trial.CNBC - Business - Donald Trump -
Swift Trump verdict has the media considering history's sweep — and the polarizing figure behind it
After nearly two days of waiting at a Manhattan courtroom, a verdict in former President Donald Trump's hush money trial came swiftly as news organizations were getting ready to leaveABC News - Entertainment - Donald Trump -
Michael Cohen says Trump's guilty verdict has been 'a long time coming'
Michael Cohen says he is “not surprised” Trump was found guilty on 34 felony charges as the 45th president became the first commander-in-chief to be criminally convicted.ABC News - Top stories - Donald Trump -
Kinzinger on GOP reactions to Trump verdict: Party 'has lost all ability to think for itself'
Former Rep. Adam Kinzinger (R-Ill.) lamented that his party has “lost all ability to think for itself” as GOP figures rush to defend former President Trump following his felony conviction in New York. "Watching my party — the party of law and ...The Hill - Politics - Donald Trump -
Is Trump toast? Only if Joe Biden seizes the lifeline this guilty verdict has given him
The incumbent president is badly behind – but now he has a chance to woo disenchanted Republicans who can’t bear Donald’s stink. It took little more than nine hours of deliberation for a New York jury to ensure Donald Trump a new place in history. ...The Guardian - World - Joe Biden -
The Trump Case May Come to Define Alvin Bragg. He Has Other Work to Do.
A day after winning what may be the most consequential trial in the history of the Manhattan district attorney’s office, Mr. Bragg was in a far quieter courtroom.The New York Times - Top stories - Donald Trump -
New York, Once Trump’s Playground, Is Now the Scene of His Indignities
Donald J. Trump was for decades a creature of New York. But in recent years, the city that helped make him seems more eager to break him.The New York Times - Top stories - New York -
Costco doesn’t raise membership fees, says $1.50 price for hot dogs is safe
Costco Wholesale Corp. reported fiscal third-quarter profit, revenue and same-store sales that all beat Wall Street forecasts, but shares of the membership-based warehouse retailer pulled back from a record high.MarketWatch - Business -
Don’t fear the PCE. The recent market dip leaves stocks more likely to rally in coming days
Don’t be frit. After the stock market’s latest dip the Fed’s favored inflation gauge is more likely to trigger a rallyMarketWatch - Business