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If the Fed can’t get inflation down, stocks will be the best bet for your money
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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 -
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 -
Yahoo Sports - Sports
John Deere Classic Best Bets
Brad Thomas is back with another round of best bets for the John Deere Classic -
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 -
The Wall Street Journal - World
Dollar Could Fall if Rate Cut Bets Rise
The dollar looks set to fall heading into next year as recent softer U.S. economic data could bolster market expectations for interest rate cuts by the Federal Reserve, MUFG Bank said. -
CBS News - Top stories
Experts doubt Trump will get conviction tossed in "hush money" case
As the case enters a new phase, experts remain skeptical that former President Donald Trump's 11th-hour effort to overturn his conviction will be successful.Donald Trump -
The Wall Street Journal - World
How to Build Your Best Beach Cooler
These sophisticated spritzes, ciders, beers and bottled cocktails make a refreshing change from an anemic, poorly chilled six-pack. Follow this expert cooler-packing advice, and your drinks will stay cold all day, too.
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MarketWatch - Business
‘She won’t be happy until he’s in a homeless shelter’: My sister wants our father to refinance his $1.2 million home to pay off her $120,000 debt
“My father worked hard his entire life in public transport and retired about seven years ago.” -
MarketWatch - Business
This July 4, here’s how much money you need to declare ‘financial independence’
About 160 million of us are still working for The Man. -
MarketWatch - Business
Most people earning $100K or more are making this huge 401(k) mistake
For high earners, saving up to your company match isn’t going to be good enough to replace the income you’ll need later on. -
MarketWatch - Business
‘My stepmother makes me feel unwelcome’: I bought a house for my father in 2008, but now he wants me to sign over a 50% share for his third wife
“He has been married to his third wife for three years; she has asked him where she will live when he passes.” -
MarketWatch - Business
These tips for investing in mutual funds and ETFs give your portfolio a leg up
Trimming Nvidia, earnings season prep and thematic ETFs lose popularity.