Lagarde says ECB will cut rates soon, barring any major surprises; notes 'extremely attentive' to oil
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ECB's Schnabel Says Second Rate Cut in July 'Does Not Seem Warranted'
The European Central Bank should move cautiously after delivering a first rate cut in June, a member of its executive board said in an interview.The Wall Street Journal - World -
ECB’s Schnabel lobbies against back-to-back rate cuts
European Central Bank board member Isabel Schnabel pushed back on the idea of back-to-back interest rate cuts, saying inflation risks are still tilted to the upside.MarketWatch - Business -
BoE could be close to cutting rates as inflation eases says deputy governor
Ben Broadbent believes direct effects of pandemic and war in Ukraine have now ‘faded’Financial Times - Business -
Summer interest rate cut possible, says Bank deputy
Ben Broadbent's comments come ahead of data which is expected to show a fall in inflation.BBC News - Top stories -
BoE needs more evidence of price pressures easing before cutting rates, says policymaker
Megan Greene believes ‘burden of proof’ must lie in inflation waning before Bank of England loosens stanceFinancial Times - Business -
Fed’s Mester says forecast of 3 rate cuts this year is now probably too many
“I was on the record before saying I was at the median [forecast] which was three,” Loretta Mester said Monday. “The developments I’ve seen in the economy right now, I would not think that that’s still appropriate.”MarketWatch - Business -
Gold Steady as Rate-Cut Hopes Wane
Gold was steady. After hitting new highs, gold “immediately withdrew back” as Fed speakers overnight warned that rate cuts are still some way down the road, DailyFX said.The Wall Street Journal - World -
Grant's Take: Retail Sales Don't Point to Rate Cut Just Yet
Walmart earnings give a different signal than what the latest Commerce Department data delivered.The Wall Street Journal - World -
Mortgage rates drop as markets bet on Bank of England cut
Fresh wave of competition among lenders could provide relief for homebuyers ahead of UK general electionFinancial Times - Business - Mortgage -
China to cut mortgage rates as part of plan to prop up property market
Local authorities will be allowed to turn unsold homes from developers into affordable housing. China will cut mortgage rates and allow local authorities to turn unsold homes from developers into affordable housing, in a series of drastic measures ...The Guardian - World - China -
Dollar rally falters as falling inflation raises hopes of rate cuts
US currency on track for first negative month of the year after end to months of above-forecast CPI dataFinancial Times - Business -
Gold Futures Set New Record on China Debt, Rate-Cut Hopes and Geopolitical Fears
Gold futures reached a new record settlement as Chinese investors flock to safe havens, rate-cut hopes grow and geopolitical tensions mount.The Wall Street Journal - World - China -
Deadpool And Wolverine's Ryan Reynolds Is Surprised Disney Let Him Make A Rated R Movie
Even before the Disney and Fox deal closed, Disney CEO Bob Iger indicated the studio's willingness to make Deadpool 3 with an R-rating in 2017. During the intervening years, Marvel Studios' Kevin Feige often reiterated his intent to make sure ...GameSpot - Tech -
2024 PGA Championship odds: Surprising PGA picks, weekend predictions from golf model that nailed 11 majors
SportsLine's golf model ran 10,000 simulations of the final two rounds of the PGA Championship 2024 at Valhalla Golf ClubCBS Sports - Sports - Golf -
2024 PGA Championship odds: Surprising PGA picks, Sunday predictions from golf model that nailed 11 majors
SportsLine's golf model ran 10,000 simulations of the final round of the PGA Championship 2024 at Valhalla Golf ClubCBS Sports - Sports - Golf -
2024 Charles Schwab Challenge odds, field: Surprising PGA picks, predictions by model that's called 12 majors
SportsLine's proven model simulated the Charles Schwab Challenge 2024 10,000 times and revealed its surprising golf picksCBS Sports - Sports -
Markets underestimate geopolitical risk as raft of elections looms, ECB's De Guindos says
The European Central Bank's Financial Stability Report said that interest rate expectations have created the "potential for outsized market reactions."CNBC - Business -
House Democrat says cutting federal funds for Harvard 'needs to be on the table'
Rep. Jake Auchincloss (D-Mass.) on Sunday said cutting federal funds for Harvard University and other schools should be an option "on the table" over their handling of campus antisemitism. Auchincloss, who is an alum of Harvard, visited the Ivy ...The Hill - Politics -
Yemen's Houthi rebels launch a missile that strikes an oil tanker in the Red Sea, US military says
Ballistic missile damaged a Panama-flagged, Greek-owned vessel.ABC News - Top stories -
Houthi missile strikes Greek-owned oil tanker in Red Sea, U.S. says
It comes just two days after the Houthis shot down another U.S. military MQ-9 Reaper drone.CBS News - Top stories -
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Residents forced out of Canada's oil sands hub by wildfire cleared to return, officials say
Authorities say residents ordered out of Canada’s oil sands hub of Fort McMurray, Alberta due to a nearby wildfire are clear to return homeABC News - World -
French police say a man shot and killed outside a synagogue came at officers with a knife and a metal bar
French police say a man shot and killed outside a synagogue came at officers with a knife and a metal barABC News - World -
Trump pays close attention to Cohen cross-examination
Former President Donald Trump appears attentive in court as his defense team questions his former attorney Michael Cohen. Cohen already testified against Trump in the "hush money" criminal trial in New York. CBS News' Errol Barnett and Katrina ...CBS News - Top stories - Donald Trump -
Giants notes: Luciano, youngsters receiving extended MLB look
Marco Luciano is one of a few Giants youngsters who is receiving an extended look in the big leagues after injuries to veteran players.Yahoo Sports - Sports - MLB -
Scottie Scheffler: golf’s straight man grabs attention in most unexpected way
World No 1’s unlikely brush with the law has raised his profile to a level that his playing abilities alone would never be able to. For 27 years, 10 months, and 26 days the most interesting thing about Scottie Scheffler was his golf. And given ...The Guardian - World -
How Hard Should Tesla Fight for Elon Musk's Attention?
The June vote on the CEO’s 2018 pay package raises questions about what a board should do with a restless but valued leader.The Wall Street Journal - World - Tesla -
How Hard Should Tesla Fight for Elon Musk's Attention?
The June vote on the CEO’s 2018 pay package raises questions about what a board should do with a restless but valued leader.The Wall Street Journal - Business - Tesla -
More Northern Lights soon as Sun storms strengthen
Another spectacular light show could come within two weeks as Sun storms reach 11-year high.BBC News - Top stories -
Closing arguments expected soon in Trump criminal trial
Former President Donald Trump's New York criminal trial is getting back underway in Manhattan Monday with more testimony from former Trump lawyer Michael Cohen. The case is expected to wrap up soon after Cohen's time on the stand. CBS News ...CBS News - Top stories - Donald Trump -
Niger’s first oil exports
The west African country is on the verge of becoming a regional oil majorFinancial Times - World -
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High debt levels put Europe at risk of ‘adverse shocks’, ECB warns
‘Fiscal slippage’ leaves countries vulnerable to geopolitical tensions and higher interest rates, says central bankFinancial Times - World -
‘Exhausting and extremely dangerous’: Mohammad Rasoulof on his escape from Iran
Exclusive: The director of The Seed of the Sacred Fig details how he discarded electronic devices and fled over the mountains on foot after authorities sentenced him to eight years in prison and flogging. Iranian director Mohammad Rasoulof escaped ...The Guardian - World - Iran -
9 Best Coolers WIRED Tested For Every Budget, Any Situation
We chugged chilled beverages to bring you our favorite coolers for every situation.Wired - Tech -
ECB pressures banks to speed up Russia exits on fear of US action
Regulator has requested detailed plans from lenders including Italy’s UniCredit and Austria’s RaiffeisenFinancial Times - Business - Russia -
Market Froth Is Getting Extreme. Just Look at Meme Stocks.
When there’s a lot of money sloshing around the economy, it’s easy for new ideas to attract speculative money—and some of those ideas are just dumbThe Wall Street Journal - World -
Parts of northern India scorched by extreme heat with New Delhi on high alert
On Friday, parts of New Delhi reported up to 116 degrees Fahrenheit.ABC News - World - India -