Fed stress tests fall short, finance professor says
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Financial Times - Business
Goldman Sachs faces uphill battle in dispute with Fed over stress test
Chance of reconsidering its grade ‘close to zero’ as US central bank has never overturned an assessment on appealFederal Reserve -
Financial Times - Business
Far right to fall short of majority in French parliament, poll says
Harris Interactive predicts hung parliament ahead of high-stakes run-off on July 7France -
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 -
CNBC - Business
Disney heiress, wealthy Democratic donors say they won't finance the party until Joe Biden drops out
President Joe Biden faces a rebellion from wealthy Democratic donors after his debate performance against Donald Trump.Joe Biden -
NBC News - Top stories
Disney heiress, wealthy Democratic donors say they won’t finance the party until Biden drops out
President Joe Biden is facing an uprising from some his own party’s wealthy donors, including an heiress to the Disney family fortune, who say they will no longer fund the Democratic Party until Biden drops out of the presidential race following ...Joe Biden -
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 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 -
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The Hill - Politics
Biden, Harris join campaign call to stress staying on ticket
President Biden and Vice President Harris joined a call with their reelection campaign staff on Wednesday, during which the president stressed that he will stay on the top of the ticket amid panic within the party over whether he should step ... -
Inc. - Business
With 9 Short Words, Caitlin Clark Just Taught a Crucial Lesson in Leadership
Humility and pride, and at the right times. -
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 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 -
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CNBC - Business
Tesla short sellers lost $3.5 billion in two days of trading after deliveries report
With Tesla's stock close to wiping out its losses for the years, investors betting for a decline have had a rough week.Tesla -
Yahoo Sports - Sports
Fantasy Baseball Waiver Wire: Mix of short-term adds and options with rest of the season upside
Fred Zinkie has a mix of pickups who offer immediate help or long-term upside for fantasy baseball managers. -
BBC News - Top stories
Learner driver failed theory test 60 times
The learner, who finally passed, notched up the highest number of fails for a single person in 2023. -
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Yahoo Sports - Sports
Djokovic hails Fearnley after tough Wimbledon test
British wildcard Jacob Fearnley takes a set off seven-time champion Novak Djokovic but falls short of creating a seismic shock at Wimbledon. -
The Guardian - World
Are at-home gut microbiome testing kits a scam?
Gut health has become something of a wellness buzzword – so we asked experts what the gut microbiome is and how it affects our health . Human bodies are mysterious. They are full of wonders (brains, kidneys) and horrors (earwax). We spend our ... -
The Wall Street Journal - World
It's 90 Degrees. Time to Test the New 'Cooling Shapewear.'
Adding another layer of material during a heat wave sounds nuts. But the brands behind this new shapewear claim their fabric technology helps reduce sweat while smoothing women’s bodies. -
BBC News - Top stories
New Zealand beat England in thrilling first Test
New Zealand edge past England 16-15 in a thrilling opening Test in Dunedin to kickstart Scott Robertson's era as head coach with a win.New Zealand -
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. -
NBC News - Top stories
Some women aren't looking for a 'man in finance' — despite the viral song
Women would rather someone “fun and vibrant and exciting” than a man in finance–but they wouldn’t mind if their date grabbed the bill. -
CBS News - Top stories
3 signs credit cards are ruining your finances (and how to fix it)
High credit card payments could wreck your finances, so it's important to proactively identify (and fix) the issue. -
The Wall Street Journal - World
Barclays Sells German Consumer Finance Business to Austria's Bawag
Barclays said its Hamburg-based Consumer Bank Europe—which offers diversified retail banking services to the German and Austrian markets—will be bought for a small premium to net assets.Germany -
The Wall Street Journal - World
J2 Ventures Raises $150 Million to Finance 'Dual Use' Technologies
J2 Ventures has raised $150 million for its second venture fund, bolstering its strategy of backing startups and helping them secure capital through government grants and contracts. -
The Wall Street Journal - Business
Barclays Sells German Consumer Finance Business to Austria's Bawag
Barclays said its Hamburg-based Consumer Bank Europe—which offers diversified retail banking services to the German and Austrian markets—will be bought for a small premium to net assets.Germany -
The Wall Street Journal - World
Oil Slips After U.S. Data Points to Cooling Economy
Oil prices were weaker on a thinner trading day due to the Fourth of July holiday and despite softer-than-expected U.S. employment and business activity data fuelling optimism for future rate cuts. -
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 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 -
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. -
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 -
The New York Times - Business
Fed Officials Keep an Eye Out for Cracks in the Job Market
Federal Reserve policymakers are watching for any sign that the labor market is weakening abruptly, which might prod them to cut rates sooner.Federal Reserve -
The New York Times - Business
What June Jobs Report Could Mean for Interest Rates
As unemployment ticks up and wage growth cools, Federal Reserve officials are watching for signs that the job market is about to crack. -
Inc. - Business
Feds Fine GM $146 Million Over Emissions Standards
The National Highway Traffic Safety Administrationsaid Chevy Tahoe, Cadillac Escalade and Chevy Silverado models made between 2012 and 2018 burned more gas and spewed more carbon dioxide than the automaker claimed. -
The New York Times - Business
If You Test Positive for Covid, Can You Still Travel?
With coronavirus cases on the rise, summer travelers are once again facing difficult questions. Here’s the latest travel guidance from health experts. -
The Hill - Politics
Biblical push in schools poses major test for separation of church and state
Officials in red states are increasingly using schools to test the wall between church and state. Oklahoma joined Louisiana last week in insisting that biblical teachings have a place in the classroom, alarming civil liberties groups who say ... -
The New York Times - World
Trump Advisers Call for U.S. Nuclear Weapons Testing if He Is Elected
A former national security adviser says Washington “must test new nuclear weapons for reliability and safety in the real world,” while critics say the move could incite a global arms race that heightens the risk of war.Donald Trump -
The Hill - Politics
America’s fragile foreign policy consensus is facing (and failing) a generational test
Despite a broad popular mandate for "countering threats from tyrants and terrorists, defending freedom and democracy, and supporting our allies," recent polls reveal a growing generational divide on foreign policy issues. -
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, ...