Fed’s interest rate policy is working, just taking longer than everyone would want, Daly says
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MarketWatch - Business
Fed minutes show no consensus on how many months of good inflation data needed to start cutting interest rates
Several officials said that interest-rate hikes might be needed if inflation stays at its elevated level or increases further.Federal Reserve -
CNBC - Business
Fed says it's not ready to cut rates until 'greater confidence' inflation is moving to 2% goal
The Federal Reserve on Wednesday released minutes from its June 11-12 meeting.Federal Reserve -
The Wall Street Journal - World
The WSJ Dollar Index Falls 0.2% to 100.25
The WSJ Dollar Index was down 0.2% to 100.25 — down for two consecutive trading days. -
The Wall Street Journal - World
Fed Officials Signaled No Hurry to Cut Rates
The minutes of their last meeting suggested some are on alert for signs of labor-market deteriorationFederal Reserve -
The Hill - Politics
Fed confident in 'restrictive' rate level while sounding notes of caution
Minutes from the Federal Reserve’s June meeting revealed confidence among central bankers that elevated interest rates were having the desired effect of cooling the economy toward a soft landing and 2-percent annual inflation. “The vast majority ...Federal Reserve -
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 -
CNBC - Business
Private payrolls grew by just 150,000 in June, less than expected
Companies added 150,000 jobs for the month, below the upwardly revised 157,000 in May and the Dow Jones consensus estimate for 160,000. -
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 -
NBC News - Politics
Ex-DOJ officials who worked for Trump fear the Supreme Court just made it easy for him to weaponize the DOJ
Some ex-Justice Department officials who served under Trump during his first term fear that the Supreme Court’s immunity ruling makes it easier for him to use the DOJ against his enemies if he is re-elected president.Donald Trump -
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 New York Times - Top stories
G.M. Sold Millions of Cars That Were More Polluting Than Allowed, E.P.A. Says
The agency reached a settlement with the automaker over the sales of S.U.V.s and pickups that emitted excess planet-warming carbon dioxide. -
GameSpot - Tech
Final Fantasy Creator Has No Interest In Returning To The Series
Final Fantasy Creator Hironobu Sakaguchi said he has no interest in returning to the series after partnering up with Square Enix for the PC and console version of Fantasian, a game previously only available on mobile devices.. In an interview with ... -
The Hill - Politics
No, there is not a war on America's working class
Let’s stop telling working-class Americans a false narrative of decline. -
The Wall Street Journal - World
What Would Happen if Biden Drops Out of the Election?
Democratic unity showed cracks after his shaky debate performance against Trump.Joe Biden -
The Wall Street Journal - World
Only the Fed Can Rekindle America's Love for Cars
New-vehicle sales are stuck in middle gear as high interest rates and high prices push less affluent consumers into the secondhand market.Federal Reserve -
The New York Times - Lifestyle
Etsy to Ban Sex Toys and Other ‘Mature’ Products in New Policy
The online marketplace is putting in place a new safety-oriented policy, banning the sale of “mature” products, including vintage Playboys and many sex toys. -
The Wall Street Journal - World
Your Flight Is Delayed. Would More Details Make You Feel Better?
Fliers find pros and cons in getting more specifics from United Airlines on delays and cancellations. -
CBS News - Top stories
How much would a $70,000 home equity loan cost per month?
Are you thinking about borrowing $70,000 with a home equity loan? Here's what your payments would be. -
The New York Times - Top stories
Forcing Biden Out Would Have Only One Beneficiary: Trump
Instead of clearing the way for victory, liberals may well be paving the way for defeat.Joe Biden -
The New York Times - Lifestyle
The Guys Behind ‘Hawk Tuah Girl’ Would Like a Little Credit
Tim Dickerson and DeArius Marlow shoot man-on-the-street interviews at popular nightlife destinations. Their questions led to an internet sensation. -
BBC News - Top stories
Biden campaign works to calm Democrat nerves as pressure mounts
Democratic lawmakers are voicing concerns about the president's ability to take on Donald Trump in November.Joe Biden -
ABC News - Health
As temperatures soar, judge tells Louisiana to help protect prisoners working in fields
A federal judge has ordered Louisiana to take steps to protect the health and safety of incarcerated workers toiling in the fields of a former slave plantation -
The Wall Street Journal - World
Gold Futures Near Two-week Highs on Hopes for US Rate Cuts
Gold futures rose, nearing a two-week high, amid growing investor optimism for a U.S. interest rate cut. -
The Wall Street Journal - World
Turkish Inflation Moves Past Peak as High Rates Begin to Pay Off
Turkish consumer inflation looks to have begun a strong downward slide, says Bartosz Sawicki, market analyst at fintech Conotoxia.Turkey -
The Wall Street Journal - World
The Hot, Lazy 'Dog Days' of Summer Just Officially Began
The phrase comes from the period, which just started, when Sirius, the ’Dog Star,’ is nearest the sun -
The Wall Street Journal - World
Ericsson Intends to Book $1.1 Billion Charge for Latest Quarter
The Swedish telecom-equipment company said lower-than-expected growth at its Vonage cloud subsidiary prompted the impairment charge. -
The Wall Street Journal - World
No One Wanted to Finance Their Stadium. Now Every Game Is a Sellout.
Building a professional women’s soccer venue was seen as brash. Now the Kansas City Current’s is a blueprint for others. -
CNBC - Business
'They want out': This company helps Americans experiment with expat living
Americans hoping to move abroad are getting some help from travel companies and local guides. -
The Hill - Politics
Much ado about a list of people who don’t want to help Ukraine
A little-known independent Ukrainian media outfit named Texty.org.ua has recently come under attack by prominent American conservatives.Ukraine -
ABC News - Top stories
Do US fast-food customers want plant-based meat?
Do Americans want plant-based options at fast-food restaurants -
CBS News - Top stories
Want the best hearing aid? How to find your perfect fit
Choose the right hearing aid for you with this comprehensive guide. -
MarketWatch - Business
How Kamala Harris’s policies may differ from Biden’s, if she’s the Democratic nominee
If President Joe Biden were to bow out of the White House race, Vice President Kamala Harris is widely viewed as mostly likely to take his place as the Democratic nominee. So what would her policy proposals look like?Joe Biden -
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CNBC - Business
Tesla stock rises again after better-than-expected deliveries report
Tesla shares saw more gains Wednesday, after jumping 10% in the previous session.Tesla -
CBS News - Top stories
More than 70 million people expected to travel for July 4th
AAA says 70.9 million people will be traveling at least 50 miles this week for the Fourth of July, with 60 million moving by car. CBS News Boston reporter Penny Kmitt has a look at the situation for flyers from Logan International Airport. -
The Wall Street Journal - World
U.S. Crude Oil Inventories Fall More Than Expected
Government data showed crude-oil inventories fell by 12.2 million barrels last week, much greater than the decline of 1.1 million barrels that analysts expected. Gasoline and distillate fuels fell too, as refineries raised their capacity use. -
CBS News - Top stories
Wildfire near Sacramento, California, torches more than 2,000 acres
A wildfire north of Sacramento, California, fueled by oppressively high temperatures has burned more than 2,000 acres. It's one of multiple wildfires the state is fighting. CBS News Sacramento reporter Rachel Wulff has more.California -
The Wall Street Journal - World
Better Than Takeout: Garlicky Shrimp Noodles With a Texan Twist
Chef Tony Nguyen’s speedy Vietnamese-American supper cleverly combines chewy rice noodles, tender shellfish and a kick of Cajun seasoning -
GameSpot - Tech
Hugh Jackman Discusses His 1999 Audition For Wolverine And Fearing He Would Not Get The Part
Hugh Jackman returns to play Wolverine once again in this month's Deadpool & Wolverine, but the career-defining role almost never materialized for the Australian actor. In an interview with Entertainment Weekly, Jackman and Marvel boss Kevin Feige ... -
The Guardian - World
‘The teachers would refer to boys, girls – and you’: trans philosopher Paul B Preciado on reinventing Orlando
He was mentored by Jacques Derrida, amd his memoir about taking hormones broke new ground. Now, Preciado’s radical cinematic riff on Virginia Woolf’s novel explores a life spent defying the gender binary. In the opening seconds of Orlando: My ...