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Fed officials wanted ‘greater confidence’ that US inflation was cooling
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CNBC - Business
Fed says it's not ready to cut rates until 'greater confidence' inflation is moving to 2% goal
The Federal Reserve on Wednesday released minutes from its June 11-12 meeting.Federal Reserve -
The Wall Street Journal - World
Analysis: U.S. Jobs Market Cools Just Like Fed Chief Powell Wants
June payrolls were solid, but down slightly from May, while wage inflation slipped a few notches. Both continued trending toward what Powell has called ‘sustainable’ levels.Federal Reserve -
Financial Times - World
Indonesia’s Prabowo sparks spending concerns with $28bn free school meals plan
Incoming president considers enlarged government and increased borrowing in break with predecessor Widodo -
Financial Times - World
FirstFT: Democratic governors back Biden
Also in today’s newsletter, a $2.65bn luxury department store deal and Goldman lobbies to change Fed’s stress test resultJoe Biden -
Financial Times - World
Belarus opposition calls for Brussels to protect stateless exiles
Also in this newsletter: How mafia organisations are infiltrating local governments in Italy -
NBC News - Top stories
Fed says inflation is moving in the right direction
Federal Reserve officials indicated that inflation is moving in the right direction but not quickly enough for them to lower interest rates.Federal Reserve -
The Hill - Politics
Fed confident in 'restrictive' rate level while sounding notes of caution
Minutes from the Federal Reserve’s June meeting revealed confidence among central bankers that elevated interest rates were having the desired effect of cooling the economy toward a soft landing and 2-percent annual inflation. “The vast majority ...Federal Reserve -
The Wall Street Journal - World
Fed Officials Signaled No Hurry to Cut Rates
The minutes of their last meeting suggested some are on alert for signs of labor-market deteriorationFederal Reserve -
The Hill - Politics
Will the Fed hit its inflation target by 2025? Don’t bet on it.
Treasury Secretary Janet Yellen expressed optimism that the Federal Reserve Board's 2 percent inflation target might be achieved by 2025, but other forecast groups show a less optimistic outlook, with inflation expected to remain above 2 percent ...Federal Reserve -
The New York Times - Business
Fed Officials Keep an Eye Out for Cracks in the Job Market
Federal Reserve policymakers are watching for any sign that the labor market is weakening abruptly, which might prod them to cut rates sooner.Federal Reserve -
MarketWatch - Business
Fed minutes show no consensus on how many months of good inflation data needed to start cutting interest rates
Several officials said that interest-rate hikes might be needed if inflation stays at its elevated level or increases further.Federal Reserve -
MarketWatch - Business
Why stocks will be the best bet for your money if the Fed can’t get inflation down
Investing for retirement, college and other longer-term goals should favor stocks over bonds.Federal Reserve -
CBS News - Top stories
Alec Baldwin's "Rust" denied New Mexico tax incentives
Attorneys for Alec Baldwin's "Rust" said the incentive would have been used to pay a settlement to cinematographer Halyna Hutchins' family. -
CBS News - Top stories
Sierra Leone outlaws child marriage. Even witnesses can face jail time.
The law, which criminalizes marrying any girl who is under 18 years old, is being celebrated widely. -
CBS News - Top stories
FDA approves new treatment to slow progression of early Alzheimer's
The FDA approved a new Alzheimer's treatment called donanemab on Tuesday. It is designed to help patients in the early stages of the disease. CBS News chief medical correspondent Dr. Jon LaPook explains what to know.FDA -
CBS News - Top stories
At least 121 people killed in India stampede
At least 121 people were killed and dozens more were injured when a stampede broke out at a religious festival in northern India Tuesday. It's still unclear what may have caused the panic. Anbarasan Ethirajan, South Asia editor for BBC News, ...India -
CBS News - Top stories
FDA bans ingredient found in some citrus-flavored sodas
Brominated vegetable oil will no longer be allowed in food and beverages in the U.S., 50 years after chemical banned in U.K.FDA -
CBS News - Top stories
Concerns over impact of high turnover among election workers
State election officials across the country are issuing warnings about high turnover among election workers. It could have a major impact on the November elections. A report by the Bipartisan Policy Center found turnover rose from 2018 to 2022 and ... -
CBS News - Top stories
NWSL commissioner Jessica Berman announces 2024 championship venue
Jessica Berman, commissioner of the National Women's Soccer League, reveals first on "CBS Mornings" that CPKC Stadium, the world's first purpose-built stadium for a women's professional team, will host the 2024 NWSL Championship on Saturday, Nov. ... -
CBS News - Top stories
Are there early Amazon Prime Day 2024 deals?
Everything you need to know about early access deals for Amazon Prime Day 2024. -
CBS News - Top stories
Marines reunite with K-9 partners after years apart
After nearly two years apart, Marines Dalton Stone and Isaac Weissand have finally reunited with their beloved K-9 partners, Aida and Poker. Their bond formed through service and companionship. -
CBS News - Top stories
United Airlines texts customers live radar maps during weather delays
United says it's using AI to power the effort to keep customers apprised of factors affecting flight status.Travel -
CBS News - Top stories
Best 4th of July deals to shop at Wayfair
Save up to 74% on storage furniture, kitchen essentials, bedroom furniture and more at Wayfair this 4th of July. -
CBS News - Top stories
Amazon has a pre-Prime Day coupon sale on Govee smart lighting
Add some mood lighting to your home with these fun Govee smart lights that you can save on right now. -
CBS News - Top stories
7/3: CBS News 24/7 Episode 1
Hurricane Beryl charges towards Jamaica as Category 4 storm; Environmental concerns over impact of liquefied natural gas. -
ABC News - Top stories
Do US fast-food customers want plant-based meat?
Do Americans want plant-based options at fast-food restaurants -
The Hill - Politics
Newsom: Trump 'wants to take us back to a pre-1960s world'
Gov. Gavin Newsom (D-Calif.), one of several high-profile Democratic politicians seen as a possible replacement for President Biden should he leave the presidential race, slammed former President Trump on Thursday, saying he “wants to take us back ...Donald Trump -
The New York Times - World
Top US Official Holding Talks on Defusing Israel-Hezbollah Conflict
Amos Hochstein’s trip to France comes after comments by Secretary of State Antony J. Blinken that Israel had “effectively lost sovereignty” near the border with Lebanon because of attacks by Hezbollah.Israel -
ABC News - Tech
To save West Coast spotted owls, US officials plan to use trained shooters to kill hundreds of thousands of barred owls
To save West Coast spotted owls, US officials plan to use trained shooters to kill hundreds of thousands of barred owls -
CBS News - Top stories
How soldiers use this fast, cheap solution to quickly cool down in intense heat
Some of the cheapest and most innovative ideas to fight the extreme heat come from the U.S. Army, including arm immersion tables in use across the country. It's low-tech, inexpensive and easy to implement. -
ABC News - Tech
To save spotted owls, US officials plan to kill hundreds of thousands of another owl species
U.S. wildlife officials are embracing a contentious plan to deploy trained shooters into dense West Coast forests to kill almost a half-million barred owls in coming decades -
The Guardian - World
Confident and sleek Switzerland remoulded in Granit Xhaka’s image
Former Arsenal player’s playmaking responsibilities will define his country’s fate against England. Over dinner and a few glasses of wine, Switzerland’s two leaders squared things up. It was late in the winter and things were purring along for ... -
CBS News - Top stories
2 women killed, 3 children hurt in Greater Grand Crossing shooting
Police said the shooting stemmed from a personal dispute. All three children were listed in critical condition. -
Financial Times - World
Questions in the wake of the global inflation hit
There is still too much we do not know about what happened and why -
The Guardian - World
Stones confident ‘fluid’ England will click if Southgate moves to back three
System tried in training with Konsa as Guéhi replacementStones says he is fit despite knee strapping in trainingJohn Stones is confident England are capable of a seamless switch to a back three if Gareth Southgate presses ahead with plans to ... -
Yahoo Sports - Sports
Report: Team with Markkanen interest confident Jazz will trade him
A team interested in trading for Lauri Markkanen reportedly remains confident the Utah Jazz will trade the NBA All-Star forward in the near future. -
CBS News - Top stories
Voters sound off on inflation ahead of 2024 election
Many Americans say for the last couple of years, their finances either haven't changed or have gotten worse, according to CBS News polling. CBS News executive director of elections and surveys Anthony Salvanto spoke with George Fleur, a landscaper ... -
The Hill - Politics
Can the president be officially criminal?
The Supreme Court's conservative majority has given President Trump broad immunity from criminal prosecution, leaving the lower courts and American people flabbergasted as to when the president has immunity from criminal prosecution. -
The Wall Street Journal - World
Only the Fed Can Rekindle America's Love for Cars
New-vehicle sales are stuck in middle gear as high interest rates and high prices push less affluent consumers into the secondhand market.Federal Reserve
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Huge majority is double-edged sword for Labour government, say allies
As the party cries ‘happy tears’, it prepares to face the dangers of ruling with a big mandate -
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Who will replace Sunak as Tory leader?
Candidates from both wings of the party jostle for position after electoral defeatUnited Kingdom -
Financial Times - World
Marine Le Pen profite du débat houleux sur l’antisémitisme
La leader d’extrême droite séduit une partie de la communauté juive avec une rhétorique anti-islamiste, tandis que l’extrême gauche est désormais perçue comme une menace -
Financial Times - World
A fraught debate over antisemitism is helping Marine Le Pen
Far right leader has won over some French Jews with her tough stance on Islamism, with far left now seen as a threat -
Financial Times - World
HTSI editor’s letter: summer hosting come rain or shine
Seven tastemakers set the scene for a meal to remember