Core Inflation Gauge Hits Lowest Increase Since 2021
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MarketWatch - Business
Why stocks will be the best bet for your money if the Fed can’t get inflation down
Investing for retirement, college and other longer-term goals should favor stocks over bonds.Federal Reserve -
MarketWatch - Business
Forget about your retirement portfolio beating inflation over the next 10 years
Expect stocks to produce a negative-1.9% post-inflation return between now and 2034. -
The Wall Street Journal - World
New-car prices in the U.S. are on track to drop this year for the first time in more than a decade, but many buyers are stretched as higher interest rates increase financing costs.
New-car prices in the U.S. are on track to drop this year for the first time in more than a decade, but many buyers are stretched as higher interest rates increase financing costs. -
ABC News - Top stories
Average rate on 30-year mortgage climbs for 1st time since late May to just under 7%
The average rate on a 30-year mortgage rose this week, pushing up borrowing costs on a home loan for the first time since late May -
The Guardian - World
About 90% of people in Gaza displaced since war began, says UN agency
Many have moved more than once, with estimated 1.9m Palestinians relocating since Israel’s invasion, says OCHA. About 90% of the population of the Gaza Strip have been displaced at least once since the war between Israel and Hamas began, according ... -
The New York Times - Top stories
Sarah Sze Has Been Making Work About Life and Death Since Childhood
Sarah Sze discusses her practice, pet adoption and winning second prize in a painting contest. -
Yahoo Sports - Sports
Aces post WNBA's largest attendance since 1999 in Caitlin Clark's visit to T-Mobile Arena
Caitlin Clark plus the defending champion Aces equals big numbers. -
MarketWatch - Business
Britain’s Labour Party is set to win biggest majority since 1832, polling shows
The Labour Party under Keir Starmer is on course to win a historic victory in Britain’s general election on ThursdayUnited Kingdom -
The Guardian - World
India PM Modi to meet Putin in first trip to Russia since Ukraine war began
Trip scheduled for Monday, with Delhi a key trading partner for Putin since the full-scale invasion of Ukraine . Narendra Modi will visit Russia on 8 and 9 July and hold talks with Vladimir Putin, the Kremlin has said, in the Indian prime ...Ukraine -
MarketWatch - Business
Gold and silver futures end at highest levels since May after U.S. jobs data
Gold and silver futures posted their highest settlements since May on Friday, as downbeat U.S. economic data helped put pressure on the dollar and fueled expectations for an interest-rate reduction by the Federal Reserve. -
Financial Times - World
Trump distances himself from right-wing ‘Project 2025’ policy blueprint
Conservative groups have outlined far-reaching overhaul of federal government should ex-president clinch second termDonald Trump -
Financial Times - World
Clash of clans: can the Democrats stay united if Biden is toppled?
The president brought together a party riven on class, age and racial issues. What happens if he goes?Joe Biden -
The Guardian - World
Biden says he’s best qualified to beat Trump, brushes off low polling and denies cognitive issues – live
President says in occasionally tense ABC interview he is not dropping out and believes he’s the best candidate to win. Full story: Biden calls Trump debate a ‘bad episode’Joe Biden has cancelled his upcoming Sunday address to the National ...Joe Biden -
ABC News - Sports
Mother of big league Lowe brothers sees them face each other for 1st time since her cancer diagnosis
There is a Lowe family reunion this weekend in Texas -
CBS News - Top stories
Biden sits down for first interview since debate, says he will not drop out
President Biden joined ABC News for his first interview since last week's presidential debate. He said that he thinks no one else is more qualified to run and said he would not drop out of the race, despite mounting pressure about his age and ...Joe Biden -
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 -
MarketWatch - Business
My spouse and I are 60 and receive $145,000 a year in pensions. Do we need to worry about inflation killing our retirement plans?
“Our annual expenses are $105,000 and that includes travel, entertainment and maintenance.” -
CBS News - Top stories
Millions of Americans hit the roads, skies for July 4
AAA projects that nearly 61 million Americans will travel by car this Fourth of July holiday, while TSA planned to screen about 2.8 million flyers alone Wednesday at U.S. airports. Kris Van Cleave reports on the travel rush. -
BBC News - Top stories
Bird flu hits McDonald's Australia breakfast hours
The fast food giant is serving its full breakfast menu in the country until 10:30am, instead of midday.Australia -
BBC News - Top stories
EU hits Chinese electric cars with new tariffs
The move poses a challenge to Beijing, which hopes EVs will help revive the country's flagging economy.European Union -
The Wall Street Journal - World
Shell to Take Impairment Hit of Up to $2 Billion
Shell expects to book up to $2 billion in post-tax impairments after delaying construction of a major biofuels plant as European energy majors grapple with weak market conditions, while trading in its core gas division is set to fall on quarter. -
The Hill - Politics
Nvidia's rapid rise hits 'bumps in the road'
After blowing past a $3 trillion market capitalization and briefly becoming the most valuable company in the world last month, Nvidia has lost and regained hundreds of billions of dollars in value in recent days. While the chipmaker’s volatility ... -
Inc. - Business
June Job Numbers Hit 206,000 as Economy Rolls On
Unemployment remains low as monthly Labor Department figures indicate continued strength, though signs of slowing are creeping in at the margins. -
The Guardian - World
My daughter visits daily since her partner left her. How can I reclaim my space without offending her? | Leading questions
It’s a testament to your parenting that your daughter feels she can hide with you, writes advice columnist Eleanor Gordon-Smith. While time helps to heal, seek out ways to share the load. Find more Leading questions hereMy daughter’s partner has ... -
ABC News - World
New British Prime Minister Keir Starmer speaks outside 10 Downing St. for first time since Labour’s landslide victory
New British Prime Minister Keir Starmer speaks outside 10 Downing St. for first time since Labour’s landslide victory -
The Wall Street Journal - World
American students have been slow to return to China since Beijing ended its strict Covid restrictions in late 2022, deterred in part by a State Department travel warning.
American students have been slow to return to China since Beijing ended its strict Covid restrictions in late 2022, deterred in part by a State Department travel warning.China -
The Hill - Politics
Fourth of July cookout costs hit record high: Survey
Inflation concerns are hitting the holiday table, with average Fourth of July cookout costs expected to soar to their highest level ever, according to new research. This year’s American Farm Bureau Fourth of July market basket survey found that ... -
The Wall Street Journal - World
S&P 500, Nasdaq Hit Fresh Records in Holiday-Shortened Session
Tesla shares notch their longest winning streak in almost a year; Paramount Global stock jumps thanks to deal news. -
The Hill - Politics
Biden campaign hits Trump over 'Black jobs' remark in new ad
The Biden reelection campaign has launched a new ad hitting former President Trump for his comments about “Black jobs” at the presidential debate. In response to the first 2024 general election debate’s only question regarding Black voters, Trump ...Joe Biden -
The Guardian - World
Hurricane Beryl hits Jamaica after leaving ‘Armageddon-like’ trail in Grenada
Jamaican PM says worst is yet to come as category 4 storm hits southern coast after causing at least seven deaths in region. Why Hurricane Beryl foretells a scary storm seasonHurricane Beryl has hit Jamaica after leaving an “Armageddon-like” trail ... -
BBC News - Top stories
Hurricane Beryl leaves Jamaican homes without power
The powerful storm has passed, but torrential rain has prompted new warnings. -
Financial Times - Business
Uneven UK economic recovery poses test for election winner
Post-Covid rebound driven by professional services while retailers languish, shows FT analysis of official dataUnited Kingdom -
The Guardian - World
Wild-hearted hits: Stevie Nicks’ 20 best songs – ranked!
As she tours the UK, we rate the Fleetwood Mac singer’s very best solo material. Written in 1971, Lady depicts the young Stevie Nicks, recently relocated to California, struggling to get a break: “I’m unsure, I can’t see my way … I’m tired of ... -
The Hill - Politics
Dozens of US beaches closed or hit with swimming advisories on July Fourth
Dozens of beaches in the U.S. are closed or under swimming advisories on the Fourth of July, as a result of high levels of bacteria in the water. Local and state governments have issued warnings about shores in their own areas but there is no ... -
BBC News - Top stories
Sunak apologises after Tory defeat and says he will step down
In a speech outside Number 10, Mr Sunak said he would step down as party leader once arrangements for a successor are in place. -
The Guardian - World
Shell to take hit of up to $2bn on Rotterdam and Singapore sites
Oil firm’s warning comes after it had to halt work on Europe’s largest biofuel project and sell refinery in Asia. Shell has warned investors that it will take an impairment charge of up to $2bn (£1.6bn) in its next set of results after it was ... -
The Guardian - World
Earplugs as fashion items? I gave Loop’s hit accessories a festival test
Various models promise to tone down decibels or help you focus on a friend. But the experience may not suit you. When something is a must-have accessory for Taylor Swift fans, it’s faster to say everyone’s got some: within a certain age range, ... -
BBC News - Top stories
'Best underarm serve I've seen!' - Bublik hits 'unplayable' ace
23rd seed Alexander Bublik hits an 'un-playable' ace against 12th seed Tommy Paul.