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Inflation falls 0.1% in June from prior month, helping case for lower rates
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Financial Times - Business
Reeves goes big on Tory ‘cover up’, but Labour may fall into same mistakes
Abandoning infrastructure projects and relying on risky revenue raisers could hamper Labour’s hopes to boost growth20 hr ago -
The Wall Street Journal - World
The Fed's Powell said officials could cut interest rates at their meeting in September, moving closer to a new phase that seeks to avoid weakness in the labor market amid signs inflation is heading lower.
The Fed’s Powell said officials could cut interest rates at their meeting in September, moving closer to a new phase that seeks to avoid weakness in the labor market amid signs inflation is heading lower.1 hr ago -
The Wall Street Journal - World
The Case Against Low Interest Rates
The dollar is strong, inflation is down, and the average American isn’t calling for cheap money.2 days ago -
Financial Times - Business
China’s factory activity falls for third straight month
Beijing has called for faster stimulus to strengthen lagging economic growth28 min ago - China -
CNBC - Business
Fed holds rates steady and notes progress on inflation
Federal Reserve officials held short-term interest rates steady, but indicated that inflation is getting closer to its 2% target.10 hr ago - Federal Reserve -
MarketWatch - Business
Marriott’s stock falls after it projects lower-than-expected Q3 profit
Hotel giant expects to report adjusted profit of $2.27 a share to $2.33 a share, below the analyst estimate of $2.38 a share.15 hr ago -
The Wall Street Journal - World
Japanese Bond Yields Flat as Market Is Divided About BOJ Decision
The market is divided on whether or not the BOJ will raise interest rates on Wednesday, leaving JGB yields little changed, with Mizuho saying it might be too early for the central bank to lift rates.22 hr ago -
CNBC - Business
U.S. crude oil falls below $75 per barrel, lowest level since early June
China's economy is weighing on the oil market.10 hr ago -
CBS News - Top stories
4 ways to lower your credit card interest rates right now
If the high rates on your credit cards are making it tough to pay off what you owe, these strategies could help.2 days ago -
Financial Times - World
ETFs help fuel 25% jump in Taiwan fund assets in six months
Domestic equities ETFs continue to benefit from an unceasing flood of retail investors2 days ago - Taiwan
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CNBC - Business
Meta's advertising growth is proof that hefty AI spending is already paying off
For investors skeptical of Meta's massive investment in artificial intelligence infrastructure, CEO Mark Zuckerberg is urging them to look at the results.4 hr ago -
CNBC - Business
Powell says September rate cut 'on the table' if inflation data continues to cool
Fed Chair Jerome Powell said Wednesday that central bankers would consider the "totality" of data in determining when to cut.7 hr ago -
CNBC - Business
Microsoft says OpenAI is now a competitor in AI and search
What once was a strategic, long-term partnership between the world's biggest software company and an AI startup has morphed into something more complicated.4 hr ago - Microsoft -
CNBC - Business
Qualcomm beats estimates and phone chip sales are up 12%
Handset sales rose 12% year over year, which suggests that a deep slump in smartphone sales over the past two years is abating.5 hr ago -
CNBC - Business
Arm issues light earnings guidance as the company stops disclosing number of chips reported as shipped
After facing declines in chip shipment counts, now Arm is focusing on higher-value markets, including accelerators for artificial intelligence.7 hr ago