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Fed’s Williams defends response to postpandemic inflation surge
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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 -
Financial Times - World
Fed officials wanted ‘greater confidence’ that US inflation was cooling
Minutes of June meeting showed some officials were concerned about effect of high rates on job marketFederal Reserve -
CBS Sports - Sports
Auburn's Cam Coleman, Alabama's Ryan Williams poised to lead surge of SEC freshman WRs in 2024
The SEC looks primed for an uptick in contributions from freshman receivers in 2024 -
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 -
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 Hill - Politics
Democrats risk becoming Trumpified in defending Biden
Democrats are becoming resigned to Biden's candidacy. They shouldn’t.Joe Biden -
Yahoo News - World
Third defendant in Wirecard fraud case to testify for first time
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Yahoo Sports - Sports
Five first-round picks remain unsigned, including Caleb Williams
With little room for haggling, all deals should be done by now. -
CNBC - Business
McDonald's shortens breakfast hours in Australia in response to nationwide egg shortage
Australia is facing an egg supply crunch thanks to bird flu outbreaks — and it's led McDonald's to trim breakfast hours by 90 minutes.Australia -
GameSpot - Tech
The First Descendant's Microtransaction System Prompts Mixed Response From Players
With the launch of The First Descendant, its microtransaction system has garnered mixed reactions from players. The game has also been experiencing some issues and developer Nexon is providing some in-game compensation.. The First Descendant has ...
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MarketWatch - Business
How Kamala Harris’s policies may differ from Biden’s, if she’s the Democratic nominee
If President Joe Biden were to bow out of the White House race, Vice President Kamala Harris is widely viewed as mostly likely to take his place as the Democratic nominee. So what would her policy proposals look like?Joe Biden -
MarketWatch - Business
Is it ‘Joe-ver’ for Biden? It’s now up to the donors.
Democrats need money to keep campaigning through the November election. That means donors have the power to force the party’s hand now.Joe Biden -
MarketWatch - Business
Trump Media to buy assets of WorldConnect Technologies in all-stock deal
Trump Media & Technology Group on Wednesday said it will acquire substantially all of the assets of WorldConnect Technologies.Donald Trump -
MarketWatch - Business
Two more luxury-fashion players could join forces — with the backing of Amazon, report says
Upscale fashion retail chains Saks Fifth Avenue and Neiman Marcus could soon join forces and get a financial boost from Amazon.com Inc., according to a report on Wednesday, as luxury brands consolidate amid a slump in demand. -
MarketWatch - Business
EXCLUSIVE: Famed NYC restaurant Serendipity 3 is opening a Times Square location
EXCLUSIVE: The privately owned business, a celebrity magnet that’s beloved for its frozen hot chocolate, joins such national brands as Hershey’s and Hard Rock Cafe in the tourist-centric locale