IMF says Fed should hold interest rates where they are until 'at least' end of year
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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 -
CBS News - Top stories
June jobs report signal possible interest rate cut later this year
The U.S. added 206,000 jobs in June and the unemployment rate rose to 4.1%, according to new data from the Labor Department's Bureau of Labor Statistics. CBS News senior business and technology correspondent Jo Ling Kent breaks down the numbers ... -
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 -
NBC News - Top stories
World’s oldest cave painting is at least 51,200 years old, scientists say
A cave painting in Indonesia is the oldest such artwork in the world and the world’s oldest known evidence of storytelling in art, researchers say. -
CBS News - Top stories
Is your HELOC draw period ending soon? What experts say you should know now
If your HELOC draw period is ending, there are some changes you should be aware of, like higher payments. -
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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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
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. -
The New York Times - Top stories
A Mark of Shame for 900 Years. Until Now?
“Felon” carries an ancient stigma — one that falls on millions of Americans today. Trump might well redefine it. -
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 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. -
CBS News - Top stories
Hiring in the U.S. slowed in June, raising hopes for interest rate cuts
Employers added 206,000 jobs last month and the unemployment rate edged higher to 4.1%. -
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
Bitcoin slides to two-month low as Fed signals it's not ready to cut rates yet
Bitcoin on Thursday fell below the $57,000 mark for the first time since May 1, according to data from crypto ranking site CoinGecko. -
MarketWatch - Business
U.S. economy and jobs market are showing cracks. Fed rate cuts are not far off.
Forget the summer heat: The economy appears to have caught enough of a chill that the Federal Reserve is likely to cut interest rates soon.Federal Reserve -
NBC News - Top stories
S&P 500, Nasdaq post record closes Friday as jobs report raises Fed rate cut hopes
The S&P 500 rose to a new high on Friday, posting a record close as the latest jobs report reignited hopes for rate cuts from the Federal Reserve.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
10-year Treasury yield falls after unemployment rate rises unexpectedly
U.S. Treasury yields held steady on Friday as markets reopened after the July holiday and investors awaited the latest nonfarm payroll data. -
MarketWatch - Business
4 things crypto investors should be watching the rest of this year
A weekly look at the most important news and moves in crypto, and what’s on the horizon in digital assets. -
NBC News - Top stories
Britain ousts Conservatives after 14 years in major win for center-left Labour, exit polls show
Britain goes to the polls for an election that could end 14 years of Conservative rule -
The Guardian - World
Could Venezuela’s softly-spoken opposition newcomer end 25 years of Chavismo?
Hopes rise that Edmundo González Urrutia can beat Nicolas Maduro on 28 July and lead the country out of a wretched decade. The road from Caracas to Guatire is lined with propaganda billboards glorifying President Nicolás Maduro and likening his ... -
GameSpot - Tech
Another Live-Service Game Is Ending Support, This Time After A Year
Capcom has announced that it is ending Exoprimal's seasonal updates as Season 4 comes to a close. However, online servers will remain functional and previous seasons will be rotating through the game monthly.. Season 4 ends on July 11, and then ... -
ESPN - Sports
Langer ends 'dream' 50-year Euro tour career
Bernhard Langer has bid farewell to the European tour on home soil in Germany 50 years after the two-time Masters champion made his debut. -
CBS Sports - Sports
Magic, Franz Wagner agree to five-year maximum contract extension worth at least $224 million, per reports
The deal could be worth up to $269 million if Wagner makes All-NBA -
The Hill - Politics
White House says gender-affirming surgeries should be limited to adults
The Biden administration said it opposes gender-affirming surgery for transgender minors, deviating from past statements that broadly support gender-affirming health care for youth and angering LGBTQ groups that have backed President Biden in the ... -
The Guardian - World
England players should share blame for poor performances, says Phil Foden
‘I feel sorry for Gareth. We have to be leaders’Back three trialled in training before quarter-finalPhil Foden has defended Gareth Southgate’s tactics and insisted England’s players should shoulder more of the blame for the team’s underwhelming ... -
The Hill - Politics
Democratic rep says 'all viable options' should be considered for 2024 ticket
Rep. Seth Moulton (D-Mass.) said on Wednesday Democrats should consider “all viable options,” as the party weighs next steps amid concerns about President Biden’s standing as the presumptive party nominee. “When your current strategy isn’t ... -
The Hill - Politics
Third House Democrat says Biden should bow out of presidential race
Rep. Seth Moulton (Mass.) on Thursday became the third House Democrat to publicly call on President Biden to step out of the presidential race after a weak debate performance last week that left his allies shaken. “President Biden has done ...Joe Biden -
The Wall Street Journal - World
Finland's president said China holds the key to ending the war in Ukraine, urging Beijing to use its sway over Moscow.
Finland’s president said China holds the key to ending the war in Ukraine, urging Beijing to use its sway over Moscow.China -
CBS News - Top stories
Biden tells campaign staffers he's "in this race to the end," source says
White House press secretary Karine Jean-Pierre addressed a deluge of questions from reporters Wednesday on President Biden's debate performance. The president, meanwhile, told his campaign staff he is not dropping out of the 2024 race, according ...Joe Biden -
NBC News - Politics
Biden says he’s ‘in this race to the end’ amid growing calls to drop out
NBC News White House Correspondent Monica Alba, NBC News Senior National Political Reporter Sahil Kapur and New York Times Chief White House Correspondent Peter Baker explain what’s happening behind the scenes as President Biden looks to reassure ...Joe Biden -
The Wall Street Journal - World
Only China Can End the War in Ukraine, Finland's President Says
Finnish President Alexander Stubb urged Beijing to use its sway over Moscow while also calling on the U.S. to lower growing tensions with China.China -
The Guardian - World
At least 89 migrants dead after boat capsizes off Mauritania, state news agency says
Dangerous Atlantic ocean route is gaining popularity because of increased vigilance by authorities in the Mediterranean. Nearly 90 migrants bound for Europe died and dozens more are missing after their boat capsized off the coast of Mauritania ... -
CNBC - Business
Oil prices hold firm as large draw on U.S. crude, gasoline inventories signal uptick in demand
Gasoline prices are averaging $3.51 per gallon ahead of the Fourth of July holiday, up about 2 cents from last week. -
The Wall Street Journal - World
The Nasdaq and S&P 500 gained 0.9% and 0.5% Friday to close out the week at fresh highs while the Dow edged higher after the jobs report shored up hopes that the Fed will cut rates.
The Nasdaq and S&P 500 gained 0.9% and 0.5% Friday to close out the week at fresh highs while the Dow edged higher after the jobs report shored up hopes that the Fed will cut rates. -
Financial Times - World
Kenya’s mass protests expose African fury with IMF
William Ruto is latest president of developing country caught between multilateral lenders and angry population -
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