The Cpi Fell in June Great But the Fed Wants Confirmation from Its Favorite Inflation Gauge
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MarketWatch - Business
LeBron James and his USA basketball teammates have made $4.7 billion. Here’s how much most U.S. Olympians make.
About 27% of current U.S. Olympic athletes earn less than $15,000 a year6 hr ago -
MarketWatch - Business
Powell says interest-rate cut ‘on the table’ in September if inflation eases again
The Federal Reserve on Wednesday held its benchmark interest rate steady in a range of 5.25% to 5.5%.7 hr ago -
MarketWatch - Business
These S&P 500 stocks fell the most in July as the ‘Great Rotation’ began
Seven months into 2024, it has still been a good year for the stock market, but the sands shifted under investors’ feet during July, as a “Great Rotation” began.5 hr ago -
MarketWatch - Business
This yield curve-fueled recession indicator from the Fed shows a 70% probability of a downturn. Here’s what its author says.
The author of the Fed’s yield curve-fueled recession indicator says it shows why the central bank may soon cut interest rates.16 hr ago -
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.8 hr ago - Federal Reserve -
MarketWatch - Business
Whether the Fed cuts rates or not, inflation is going higher — and so are stocks
The U.S. economy and the stock market can thrive even if inflation doesn’t fall to 2%.16 hr ago - Federal Reserve -
The New York Times - Business
Fed Opens Door to September Rate Cut if Inflation Stays Cool
Federal Reserve officials left interest rates unchanged but signaled that a rate cut could be imminent as they watch inflation and the labor market.4 hr ago - Federal Reserve -
Inc. - Business
What Wall Street Expects From the Fed Today
Investors and markets aren't looking for a rate cut but rather signals that one is coming in September.17 hr ago - Federal Reserve -
CBS News - Top stories
Amazon responsible for recalling risky products on its site, feds say
Defective carbon monoxide detectors and flammable sleepwear are among the recalled products cited in a federal report.8 hr ago - Amazon -
The New York Times - Business
Politics Makes the Fed’s Job Trickier, but Doesn’t Drive Its Decisions
Central bankers are independent of the White House as they set interest rates. But the political cycle can put them under unwanted limelight.11 hr ago -
The Hill - Politics
Powell: Fed could cut rates 'as soon as' September if inflation, job market keep cooling
Federal Reserve Chair Jerome Powell said Wednesday that the central bank could cut rates "as soon as" September if inflation and the job market continued to cool down. After the Fed announced Wednesday it would hold rates steady, Powell said he ...9 hr ago - Federal Reserve -
MarketWatch - Business
Stock-market investors want a Fed rate cut — but not a Wednesday surprise
Investors are clamoring for affirmation the Fed will begin cutting rates in September. But a surprise easing on Wednesday likely wouldn’t go over well.16 hr ago - Federal Reserve -
BBC News - Top stories
Bereaved Israeli parents want grandchildren from dead sons’ sperm
They want to choose a mother to bear their grandchildren, but face legal hurdles.4 hr ago - Israel -
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.3 hr ago -
NBC News - Top stories
Ilona Maher is everyone's favorite Olympian on TikTok
TikTok's favorite Olympian Ilona Maher is back on the world stage, and she's once again showing millions of viewers a glimpse into what life's like in the Olympic Village.2 days ago - Tiktok -
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 growth18 hr ago -
The Wall Street Journal - World
Canada GDP Rises 0.2% in May, Cools in June
Weaker GDP growth suggests the door remains open for the Bank of Canada to continue offering interest-rate relief.10 hr ago -
MarketWatch - Business
What stock, bond markets would find ‘surprising’ from Fed Chair Jerome Powell
Markets will be paying close attention Wednesday to how much confidence Federal Reserve Chair Jerome Powell signals the central bank has to potentially begin cutting interest rates as soon as September.12 hr ago - Federal Reserve -
Financial Times - Business
Why investors fell out of love with Ocado
During the pandemic it was seen as a British tech success story. But its progress since has been less convincing23 hr ago -
Financial Times - World
Meet the great Danes of global fashion
How Copenhagen became the cooler, greener fashion capital23 hr ago -
The Wall Street Journal - World
Delta's Chief Executive Ed Bastian said the airline took a $500 million hit from the CrowdStrike technology outage that hurt its operations.
Delta’s Chief Executive Ed Bastian said the airline took a $500 million hit from the CrowdStrike technology outage that hurt its operations.3 hr ago -
NBC News - Top stories
US women’s gymnastics team heads into final as heavy favorite
After a dominant performance at the qualifying rounds, the women’s gymnastics team is heading into the team final as the heavy favorite. NBC’s Kaylee Hartung reports for TODAY.14 hr ago -
ABC News - Sports
Silver and bronze are the favorite Olympic colors for red, white and blue swimmers
The favorite colors for the red, white and blue at the Olympic swimming pool are silver and bronze5 hr ago -
The New York Times - Sports
How a Kick Returner Carved His Path to the Pro Football Hall of Fame
Devin Hester is the greatest returner in N.F.L. history. Now, the league is changing its rules to make returns a more exciting part of the game.14 hr ago -
The New York Times - Sports
The Swimming Sensation Léon Marchand Sets Another Olympic Record
The 22-year-old Frenchmen continued his spectacular run with a comeback win in the 200-meter butterfly.7 hr ago -
BBC News - Top stories
UK swelters as hottest day of the year confirmed
Temperatures on Tuesday reach 32C - exceeding the previous hottest day set earlier in the month.8 hr ago - United Kingdom -
BBC News - Top stories
Union confirms dates for bin strikes across Scotland
Waste and refuse workers are set to walk out for nine days during August in 14 council areas.7 hr ago -
BBC News - Top stories
Hezbollah confirms commander died in Israeli strike
Israel had accused Fuad Shukr, a top Hezbollah commanders, of masterminding operations against Israel.7 hr ago - Israel -
Yahoo News - World
Hezbollah confirms commander died in Israeli strike
7 hr ago - Israel -
MarketWatch - Business
Kraft Heinz’s prices rose at the lowest rate in five years
Kraft Heinz’s stock gained ground in early Wednesday trading, after the food and beverage brands company beat profit expectations but missed on sales, citing a continued “cautious” consumer.11 hr ago -
BBC News - Top stories
Great Britain's Burgess wins canoe slalom silver
Great Britain's Adam Burgess wins Olympic silver in the men's canoe singles final at the Vaires-Sur-Marne Nautical Stadium.2 days ago -
The Wall Street Journal - World
The Great American Road Trip Is Even Better by Train
It takes some planning—and a good deal of patience—but railroad die-hards say nothing beats a long train trip through the United States. Here’s what to know before you embark.11 hr ago -
Yahoo News - World
German inflation rises to 2.3% in July
13 hr ago - Germany -
The Wall Street Journal - World
A decade after Amazon.com paid nearly $1 billion to acquire live-video startup Twitch Interactive the retail giant has received little financial return from one of its bigger acquisitions.
A decade after Amazon.com paid nearly $1 billion to acquire live-video startup Twitch Interactive the retail giant has received little financial return from one of its bigger acquisitions.23 hr ago -
Los Angeles Times - Entertainment
Lady Gaga confirms engagement to Michael Polansky after Olympics opening ceremony
Lady Gaga appears to confirm her months-long engagement to tech investor Michael Polansky, whom she introduced to the French prime minister as 'my fiancé.'2 days ago -
The Hill - Politics
Secret Service confirms internal email blasting leadership over Trump shooting
Secret Service Acting Director Ronald Rowe on Tuesday confirmed an internal email reportedly sent from a counter sniper in the agency that blasted the organization’s top officials for an “inability to protect our leaders,” following former ...8 hr ago - Donald Trump -
Yahoo News - World
Iran's IRGC confirms death of Hamas leader Ismail Haniyeh
22 hr ago - Iran -
Politico - Politics
Top FBI official confirms there is 'absolutely no doubt' Trump was hit by a bullet
11 hr ago - Donald Trump -
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.8 hr ago -
Inc. - Business
Instagram Launches an AI Chatbot Creator, so You--or Your Favorite Influencer--Can Build a Chatty Robot
The new tool willlet creators step away from their keyboards once in a while, but will it feel the same chatting to an internet "star" if it's really an AI?11 hr ago