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Is another inflation scare coming? GDP seems to say yes.
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Gold is overvalued now and won’t help you beat inflation in coming years
New research sees gold lagging U.S. inflation by more than 7% a year over the next decade.MarketWatch - Business -
Israel says another hostage taken by Hamas is dead
Israeli officials said they believe one of the remaining hostages, Dror Or, was killed during the Oct. 7 attack and that his body is being held in Gaza. BBC News correspondent Frank Gardner joined CBS News with more.CBS News - Top stories - Israel -
Hamas says latest cease-fire talks have ended. Israel vows military operation in 'very near future'
Hamas says the latest round of Gaza cease-fire talks has ended in Cairo after “in-depth and serious discussions."ABC News - World - Israel -
Israel says a humanitarian crossing into Gaza has come under fire, forcing it to close
Yahoo News - World - Israel -
Fed’s Williams says independence is key to winning fight against inflation
New York Federal Reserve President John Williams on Friday said that the U.S. central bank needed independence from the White House in order to get inflation back to its 2% target.MarketWatch - Business - Inflation -
Can you buy a house if you make less than $100,000? Yes — in these 10 metro areas.
Dreaming of buying a house in today’s challenging real estate market? In this economy, you’ll need to make at least six figures — in most markets.MarketWatch - Business -
Fed still trying to assess if recent hot inflation readings mean economy is ‘overheating,’ Goolsbee says
“Everybody’s just got to take a step back and try to figure out ‘is that a sign that the economy is overheating, or is that a sign of some other thing’?” Goolsbee said.MarketWatch - Business - Federal Reserve -
Have the wheels come off for Tesla?
As the electric carmaker sees sales fall and cuts jobs, we take a closer look at its problems.BBC News - Top stories -
Mocktails Have a New Favorite Customer. Kids.
The many nonalcoholic beverages on the market have attracted a new kind of customer: the (way) under-21 set.The New York Times - Lifestyle
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Stock-market bulls face test as consumers start to show signs of stress
As the Fed keeps its key interest rate at a 23-year high, consumers are becoming increasingly stressed, which, if continued, could spell trouble for the U.S. stocks.MarketWatch - Business -
$7,500 for tequila? The Cinco de Mayo staple has become a super-premium spirit.
“As more consumers make tequila their spirit of choice, we’ve seen them gravitate towards high-quality, premium tequilas,” Patrón executive says.MarketWatch - Business -
The bar is creeping higher for second-quarter earnings
One month through this year’s second quarter earnings season, analysts are getting cautiously more optimistic about corporate America’s profitability.MarketWatch - Business -
‘Our prenup stirred up resentment’: My husband, 62, lives in my home. I pay for his credit card, car loan, vacations and groceries. Now he wants to pool our assets.
“He has $1.2 million invested. I have close to $5 million in investments.”MarketWatch - Business -
My mother-in-law died. My husband, her executor, did not file a will or open probate. What happens if we sell the house?
“The home was willed to her son with the provision that he paid his sisters a percentage of the home’s value.”MarketWatch - Business