If the Fed can’t get inflation down, stocks will be the best bet for your money
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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 -
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 -
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 -
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 -
Yahoo Sports - Sports
John Deere Classic Best Bets
Brad Thomas is back with another round of best bets for the John Deere Classic -
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 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. -
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
Biden Tries to Prove He Is Still Democrats' Best Bet
The president told Democratic governors that he needs to get more sleep and suggested he should avoid events that begin after 8 p.m.Joe Biden -
The Wall Street Journal - World
How to Build Your Best Beach Cooler
These sophisticated spritzes, ciders, beers and bottled cocktails make a refreshing change from an anemic, poorly chilled six-pack. Follow this expert cooler-packing advice, and your drinks will stay cold all day, too. -
CBS News - Top stories
Best camping chairs for your outdoor summer adventures
Goodbye uncomfortable camping trips. The best camping chairs in 2024 will have you sitting pretty this summer. -
CBS News - Top stories
Experts doubt Trump will get conviction tossed in "hush money" case
As the case enters a new phase, experts remain skeptical that former President Donald Trump's 11th-hour effort to overturn his conviction will be successful.Donald Trump -
MarketWatch - Business
If your mother had Alzheimer’s, your chances of getting it are higher
If your mother had Alzheimer’s disease at any age, your chances of getting it are higher, according to a recent study in JAMA Neurology. -
The Wall Street Journal - World
How to Get Over Your Fear of Flying
Many people are afraid when they get on a plane, and the Alaska Airlines door-plug blowout hasn’t helped. The good news: They have several options to deal with it. -
MarketWatch - Business
Charter’s stock is down 20% this year — but Citi sees new reason to sell
Citi just downgraded Charter’s stock, warning that estimates could be too high. -
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 Hill - Politics
'Lost' creator calls on Dems to stop giving party money until Biden steps down
Damon Lindelof, a co-creator of “Lost” and a notable Democratic Party supporter, called on fellow donors to withhold their money until President Biden ends his reelection bid, citing his struggles in the CNN debate against former President Trump ...Joe Biden -
MarketWatch - Business
Is your active mutual fund beating the U.S. stock market this year?
Professional stock pickers who run mutual funds focused on U.S. stocks struggled in June, with only a small majority beating their benchmarks in the first half of this year, according to BofA Global Research. -
The Wall Street Journal - World
Why Your Fund Manager Can't Beat Today's Stock Market
The time seems just right for active stock pickers to beat the market. Why, then, are they doing even worse than usual? -
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
Nvidia’s stock gets a downgrade as AMD, TSMC shares are deemed top plays
New Street Research sees reason for “a more prudent view” on Nvidia’s stock. -
Wired - Tech
Hackers Leaking Taylor Swift Tickets? Don’t Get Your Hopes Up
Plus: Researchers uncover a new way to expose CSAM peddlers, OpenAI suffered a secret cyberattack, cryptocurrency thefts jump in 2024, and Twilio confirms hackers stole 33 million phone numbers. -
Inc. - Business
Chick-fil-A Now Has a Smart Way to Make Money and Get Free Advertising. (Maybe You Want to Copy It?)
You don't need a big brand to sell merch. -
CBS Sports - Sports
Formula 1 picks, odds, time, grid: 2024 British Grand Prix predictions, F1 best bets from proven model
SportsLine's model analyzes Max Verstappen, Lewis Hamilton and the rest of the starting grid's chances at the F1 British GP 2024 -
CBS Sports - Sports
2024 MLB picks, odds, best bets for Friday, July 5 by proven model: This three-way parlay returns almost 12-1
SportsLine's model has revealed its MLB picks, predictions, parlay and best bets for Friday, July 5MLB -
CBS Sports - Sports
England vs. Switzerland prediction, odds, time, line: UEFA Euro 2024 picks, July 6 bets from soccer expert
Martin Green has locked in his best bets for Switzerland vs. England in a quarterfinal of Euro 2024 on Saturday -
CBS Sports - Sports
2024 Grant Park 165 picks, best bets, Chicago odds, start time: NASCAR insider with 10 winners gives picks
Steven Taranto has hit 10 winners this year and reveals his NASCAR picks and racing best bets for the NASCAR at Chicago Street Course race on SundayNASCAR -
CNBC - Business
SoftBank stock hits its first record high in 24 years — Arm and AI helped it get there
SoftBank shares have been boosted by the improved financial performance in the Vision Fund and by a rally in the stock of chip designer Arm. -
The New York Times - Top stories
The Kidnapping I Can’t Escape
Fifty years ago, my father’s friend was taken at gunpoint on Long Island. Then he went on with his life — and that’s the part that haunts me. -
CNBC - Business
Wall Street firm gets it right with Best Buy call, plus Eli Lilly shares move up
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET. -
Financial Times - World
Is US inflation still falling?
Market Questions is the FT’s guide to the week aheadInflation -
BBC News - Top stories
Reeves: 'There's not a huge amount of money'
The new chancellor says she has inherited a depleted economy that will create a “challenge” for Labour. -
The New York Times - Business
Things to Bring to College That You Can’t Buy at Target
They won’t add bulk to the car or much cost to the bill, but they’ll help keep your college student safer. Pepperoni is also involved. -
Financial Times - World
Questions in the wake of the global inflation hit
There is still too much we do not know about what happened and why -
ESPN - Sports
Porter to face federal charge in betting scandal
Court papers indicate former Raptors player Jontay Porter will be charged with a federal felony connected to the betting scandal that spurred the NBA to ban him. -