Fed’s preferred inflation measure held steady at 2.5% in July
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MarketWatch - Business
Olive Garden parent Darden’s earnings hit by ‘significant’ drop in traffic in July, but stock gains on Uber delivery tie-up
Darden Restaurants Inc.’s stock rose 7% Thursday, after the parent to Olive Garden, LongHorn Steakhouse and other restaurant chains’ fiscal first-quarter earnings fell short of estimates, but it ...4 hours ago -
BBC News - Top stories
Interest rates held at 5% but set to fall gradually, says Bank
Economists are betting on rates being held in September with a cut to come in November instead.5 hours ago -
CNBC - Business
Bank of England presses pause on rate cuts, highlights 'gradual approach'
The decision to hold comes after the U.S. Federal Reserve kicked off its own monetary easing with an aggressive 50 basis point rate cut.5 hours ago -
The New York Times - Business
Bank of England Holds Rates Steady but Signals Gradual Easing
The British central bank has emphasized its intention to move steadily to ensure that inflation continues to slow.8 hours ago -
MarketWatch - Business
Intel’s stock ranks dead last in the chip sector by this measure
These 10 semiconductor companies are least favored by analysts.8 hours ago -
The New York Times - World
Walkie-Talkies in Lebanon May Have Held More Explosives Than Pagers
The blasts on Wednesday involved bigger, heavier devices that set off more large fires.12 hours ago -
Financial Times - Business
Fed cuts rates by half a point and signals era of easing has begun
US central bank’s decision marks milestone in two-year fight against inflation15 hours ago - Federal Reserve -
Financial Times - Business
Private equity is doing badly — however you measure it
Investors desperate to get cash back are putting pressure on funds to capitulate on sales16 hours ago -
MarketWatch - Business
Investors renew focus on inflation data as Fed weighs size of expected September rate cut
Wednesday’s consumer-price index for August may end up being the deciding factor as to whether the Federal Reserve will deliver a bigger-than-usual, 50-basis-point rate cut on Sept. 18.21 hours ago - Federal Reserve -
The New York Times - Top stories
Sean Combs Is Denied Bail and Held at M.D.C., a Troubled Brooklyn Jail
The music mogul, who is charged with sex trafficking and racketeering conspiracy, was denied bail and ordered held at a federal detention center. His lawyers are appealing.Yesterday -
MarketWatch - Business
Inflation hangs over the Fed as it prepares to cut interest rates
The challenge: Keep interest rates low enough for the U.S. economy to expand, but not so low as to overheat labor markets.Yesterday - Federal Reserve -
ABC News - World
UK inflation is steady at 2.2% ahead of Bank of England's next rate decision
The Bank of England is widely expected to keep interest rates unchanged after official figures showed Inflation in the U.K. holding steady at an annual rate of 2.2% in August, with higher airfares ...Yesterday - United Kingdom -
The New York Times - World
Funeral Is Held for 9-Year-Old Girl Killed in Pager Attack in Lebanon
“The enemy killed us using this small device!” mourners chanted at the funeral for Fatima Abdullah, a fourth grader.Yesterday -
MarketWatch - Business
The unemployment measure you’ve never heard is flashing a recession warning
It may be a puzzle as to why the Fed is cutting at all when the economy is far from recession. One indicator suggests an answer.Yesterday -
MarketWatch - Business
Here are the pros and cons if the Fed cuts interest rates by 50 basis points instead of 25
Yardeni: Consumers would welcome a large interest-rate cut, but the Fed’s first step should be small.Yesterday - Federal Reserve -
MarketWatch - Business
The U.S. economy is strong by one measure. Why the Fed is set to lower borrowing costs anyway.
A giddy Wall Street projects the Federal Reserve will dramatically reduce interest rates over the next year, even though the U.S. economy seems to be growing rapidly. Odd? Not at all, economists say.Yesterday -
NBC News - Top stories
Trump to rally in New York with heightened security measures
Trump to rally in New York with heightened security measuresYesterday - New York -
BBC News - Top stories
Inflation holds steady despite jump in air fares
Lower fuel prices helped offset the higher cost of flying in the year to August.Yesterday -
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Financial Times - Business
UK inflation holds steady at 2.2% in August
Figures come ahead of Bank of England interest rate decision on ThursdayYesterday - United Kingdom -
CNBC - Business
UK inflation holds steady in August, matching expectations
U.K. inflation came in at 2.2% for the month of August, data from the Office for National Statistics showed Wednesday.Yesterday - United Kingdom -
MarketWatch - Business
Oil prices end higher after exploding-pagers attack on Hezbollah members in Lebanon
Oil futures finished higher Tuesday, appearing to get a lift after pagers carried by Hezbollah operatives in Lebanon exploded around the same time in an apparent attack — raising fears of a broader ...2 days ago -
The Guardian - World
Pint of no return? Two-thirds measure could boost English health – study
Scientists reach conclusion after trial in which pints were scrapped in a dozen pubs, bars and restaurants. Fancy a quick two-thirds? It may lack the appeal of the more familiar after work social, ...2 days ago -
ABC News - World
Georgian parliament approves anti-LGBTQ legislation, echoing measures in Russia
Georgia’s parliament has approved draft legislation curtailing LGBTQ+ rights, echoing laws adopted in neighboring Russia2 days ago - Russia -
Inc. - Business
Corporate America Cares Less and Less About Inflation
Fewer S&P 500 companies are mentioning inflation during earnings calls ahead of the Fed's first rate cut.2 days ago -
CBS News - Top stories
Meta unveils new Instagram safety measures for teens
Meta, Instagram's parent company, introduced new restrictions on teen accounts to address public concerns about online safety. Jo Ling Kent speaks with Meta's global head of safety.2 days ago - Meta -
Financial Times - Business
Vanguard experiment in shareholder democracy finds investors prefer to defer
Nearly half of participants in pilot programme allowed to vote their shares chose to let the asset manager do it for them2 days ago -
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NBC News - Top stories
Ron DeSantis says Florida will investigate apparent Trump assassination attempt
Trump described the suspect as a “dangerous person” and praised the Secret Service for their protection.2 days ago - Florida -
ABC News - World
At least 15 dead since July and thousands of hectares scorched as wildfires sweep Peru
Peruvian authorities say that wildfires in Peru have left at least 15 dead since July and more than 3,000 hectares of cultivated land and natural areas scorched2 days ago -
Financial Times - World
Starmer insists Budget will not contain measures that stifle growth
City fears grow that PM will plug fiscal hole with tax rise on business2 days ago -
CBS News - Entertainment
Sean "Diddy" Combs charged with sex trafficking, ordered held without bail
Sean "Diddy" Combs pleaded not guilty to federal charges on Tuesday after he was taken into custody in New York.2 days ago