Powell says inflation is showing signs of resuming cooling trend
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The Wall Street Journal - World
Analysis: U.S. Jobs Market Cools Just Like Fed Chief Powell Wants
June payrolls were solid, but down slightly from May, while wage inflation slipped a few notches. Both continued trending toward what Powell has called ‘sustainable’ levels.Federal Reserve -
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 -
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 -
CBS News - Top stories
Job market cools but remains resilient, report shows
The U.S. added 206,000 new jobs in June, marking a slight cooling in the labor market, but still a sign that hiring remains strong. Michael George has more on what this could mean for interest rates moving forward. -
The Hill - Politics
June jobs report adds to signs that economy may be cooling
The uptick in the June unemployment rate along with significant downward revisions in the job additions for April and May are the latest signs that the economy may be slowing down under high Federal Reserve interest rates. The Friday numbers from ... -
CNBC - Business
Is inflation Biden's or Trump's fault? The answer isn't so simple, economists say
Biden and Trump traded barbs on the state of the U.S. economy during their first debate. But who or what is really responsible for inflation?Joe Biden -
NBC News - Top stories
Employers added 206,000 jobs in June, as sturdy labor market gradually cools
The economy added 206,000 jobs last month, according to fresh government data, but unemployment inched above 4% for the first time in over two years. -
The Wall Street Journal - World
Biden Presses Netanyahu to Close Cease-Fire Deal After Talks Show Progress
An embattled U.S. president pressed the Israeli prime minister to hammer out a Gaza cease-fire deal, saying now is the time to save the lives of hostages held by Hamas.Joe Biden -
The Wall Street Journal - World
Battleground Map Shows Signs of Trump Expansion as Biden Struggles
Minnesota, New Hampshire and Virginia, which typically back Democrats in presidential elections, are being closely watched.Joe Biden -
Yahoo Sports - Sports
Suarez showing signs of fatigue as All-Star break approaches
He's thrown nearly twice as many innings as he had through this date a year ago. Is Ranger Suarez feeling fatigue? He followed his worst start of the season with five more runs in a loss in Atlanta. -
ABC News - World
Netanyahu will dispatch negotiators to resume Gaza cease-fire talks, an Israeli official says
Netanyahu will dispatch negotiators to resume Gaza cease-fire talks, an Israeli official saysIsrael -
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 -
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 -
VentureBeat - Tech
Sony Honda Mobility shows off its cool Afeela electric car features | The DeanBeat
Sony Honda Mobility will ship its Afeela electric cars starting in 2026. But the joint venture company is already showing off cool features in the new vehicle. I got a recent demo of the car and its driving simulator recently at Sony’s PlayStation ... -
The Guardian - World
Babbling scouse youngster shows babies can have accents, say scientists
Newborns are tuned in to the ups and downs of speech, and even a cry mimics language heard while in the womb. The upward intonation, the guttural “ck” and even the cheeky comeback to win the argument: at just 19 months old, baby Orla has mastered ... -
ABC News - Tech
Confused by all the TikTok trends? This glossary might help
Anyone who shops or uses the internet probably has encountered a TikTok trend, whether they know it or notTiktok -
Financial Times - World
Is US inflation still falling?
Market Questions is the FT’s guide to the week aheadInflation -
The Guardian - World
Cracks showing in Democratic support as Biden says he ‘nearly fell asleep on stage’
Key ally of president says he knows upcoming appearances have to be successful to stay in race. Cracks in support among Democratic leaders for Joe Biden’s campaign continued to widen on Wednesday ahead of his evening meeting with Democratic ...Joe Biden -
The Guardian - World
Biden says he ‘screwed up’ but vows to continue as polls show six-point lead for Trump
President gives interviews with stations in Wisconsin and Pennsylvania as report says he plans to cut back on events after 8pm. Joe Biden has told a radio show he “screwed up” and made a “mistake” in last week’s debate against Donald Trump, but ...Joe Biden -
BBC News - Top stories
Israel tells Gaza ceasefire negotiators to resume work
The US president welcomes the decision, which came after Hamas reportedly dropped a key demand.Israel -
ESPN - Sports
Leverkusen to resume unbeaten run vs. Gladbach
German champions Bayer Leverkusen will kick off their Bundesliga title defence away at local rivals Borussia Monchengladbach on Aug. 23. -
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 -
Financial Times - World
Historic UK election hauls reveal bigger voter trends
We are now in an era of increased volatility where party dominance is never guaranteedUnited Kingdom -
Inc. - Business
AI Can Do Much More Than Automate Resume Review for HR
For human resource practitioners, AI will go way beyond the basics. Here's what to know.Artificial Intelligence -
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The Guardian - World
Israel-Hamas talks to resume, raising hopes of a Gaza ceasefire
Netanyahu sends intelligence chief to Qatar to study Hamas proposal, while Hezbollah says it would also stop attacks if hostilities paused. Hopes for a ceasefire in Gaza and de-escalation on the boundary between Israel and Lebanon were raised on ...Israel -
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NBC News - Top stories
Amtrak service between New York and Boston resumes after suspension
All Amtrak services between New York Penn Station and Boston South Station resumed Saturday night after they were suspended earlier in the day because of power issues.New York -
CBS News - Top stories
Voters sound off on inflation ahead of 2024 election
Many Americans say for the last couple of years, their finances either haven't changed or have gotten worse, according to CBS News polling. CBS News executive director of elections and surveys Anthony Salvanto spoke with George Fleur, a landscaper ... -
The Wall Street Journal - World
'Frostbite' Review: The Art of Keeping Cool
Refrigeration changed everything, overcoming seasonal and geographic limits on food, making shopping a weekly routine and not a daily one. -
CBS Sports - Sports
MLB trends: Byron Buxton's resurgence, MacKenzie Gore's breakout and why you don't stink at reading fly balls
See what's real and what may not be as the 2024 season chugs along into the second halfMLB -
MarketWatch - Business
From Eggo-flavored coffee to freeze-dried candy, here are seven food trends of note
Don’t forget the mushroom-flavored coffee, either -
The Wall Street Journal - World
Turkish Inflation Moves Past Peak as High Rates Begin to Pay Off
Turkish consumer inflation looks to have begun a strong downward slide, says Bartosz Sawicki, market analyst at fintech Conotoxia.Turkey -
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 Wall Street Journal - World
Pro Take: Inflation Stirs in Latin America After Months of Declines
Robust job markets and weaker currencies could start making the job of containing inflation tougher for the region’s central banks. -
The Wall Street Journal - World
Week Ahead for FX, Bonds: U.S. Inflation, French Elections in Focus
Investors will monitor whether U.S. prices are easing enough to prompt the Federal Reserve to start cutting rates. In Europe, the aftermath of elections in France and the U.K. will be watched.