RBA Continues to Sound Warnings About Upside Inflation Risks
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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 ... -
Financial Times - World
European central bankers warn of risks to region’s economy
ECB policymakers view French elections as sign of a broader shift in a more populist, protectionist and turbulent directionEurope -
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. -
MarketWatch - Business
Why this fund manager trimmed his Nvidia position — and has a warning about AI
Ken Laudan of Buffalo Funds has changed his opinion about how long it will take for “AI adopters” to make the technology useful. -
MarketWatch - Business
My spouse and I are 60 and receive $145,000 a year in pensions. Do we need to worry about inflation killing our retirement plans?
“Our annual expenses are $105,000 and that includes travel, entertainment and maintenance.” -
The Guardian - World
‘It needs to stay in the loop’: German reuse schemes turn shopping upside down
After success of bottle deposit schemes, some retailers are trying to widen culture of reuse – and start tackling Europe’s waste problem. René Heiden pulls two glass yoghurt jars off the shop shelf, and lists the nearby supermarkets in which they ... -
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 -
Yahoo Sports - Sports
Fantasy Baseball Waiver Wire: Mix of short-term adds and options with rest of the season upside
Fred Zinkie has a mix of pickups who offer immediate help or long-term upside for fantasy baseball managers. -
The Wall Street Journal - World
German Industry Continues to Struggle
German industrial production slumped in May as car manufacturing tailed off, after an uptick in the sector at the start of this year faded away.Germany -
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 -
The Wall Street Journal - World
The Morning Risk Report
New York pension fund to vote against Best Buy chairman in dispute over LGBTQ support, and Microsoft to pay $14.4 million to resolve leave discrimination claims in California. Plus, the EU confirms tariffs on Chinese-made EVs. -
MarketWatch - Business
Koss continues rally as meme-stock chatter continues around headphone maker
Shares of Koss Corp. rose again Friday as meme-stock chatter continues to swirl around the headphone maker. -
The Wall Street Journal - World
The Blue-State Wealth Exodus Continues
The latest IRS data shows that the migration of taxpayers to GOP-run states from the left coasts and Illinois continued in 2022. -
The Wall Street Journal - World
Canada Unemployment Rate Continues to Climb
Hiring in Canada ground to a halt last month, pushing the unemployment rate to 6.4% and taking some of the heat out of the recent surprise acceleration in inflation ahead of the central bank’s next rate decision.Canada -
BBC News - Top stories
Murray continues farewell tour with Raducanu
Andy Murray will continue his Wimbledon farewell when he teams up with Emma Raducanu in the mixed doubles on Saturday. -
The Wall Street Journal - World
JPMorgan Warns Customers: Prepare to Pay for Checking Accounts
The head of Chase said bank customers stand to lose out on everything from free checking accounts to credit score trackers if Washington enacts new rules. -
The Guardian - World
Warning signs: a history of Joe Biden’s verbal slips
Signs were hiding in plain sight well before the US presidential debate against Donald Trump. Warning signs of Joe Biden’s decline were hiding in plain sight well before last month’s calamitous US presidential debate performance against Donald ...Joe Biden -
VentureBeat - Tech
AI agent benchmarks are misleading, study warns
A study by Princeton University shows that benchmarks made for AI agents don't account for costs and are prone to overfitting.Artificial Intelligence -
The New York Times - Lifestyle
Are You a Checker or an Unchecker?
One Million Checkboxes, a simple online game that invites visitors to click or unclick check boxes, has become an unintentional case study in human behavior. -
The Hill - Politics
Is our food supply chain at risk?
Any disruptions along the food supply chain can have disastrous consequences. -
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 -
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 -
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 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. -
BBC News - Top stories
Gazans seek shelter as Khan Younis exodus continues
Palestinians continue to stream out of eastern Khan Younis in response to Israeli evacuation orders. -
CBS News - Top stories
Fourth of July travel continues to break records
The TSA told CBS News it's screened more than 19 million flyers since last Thursday and is approaching two million more than last year. Eight of its 10 busiest travel days have been in the past month and a half, with Sunday expected to break ... -
CBS News - Top stories
Biden celebrates July 4th as debate fallout continues
In the wake of President Biden's debate performance last week, a handful of House Democrats have expressed deep concern about the race, while another major Democratic donor, Netflix co-founder Reed Hastings, is publicly urging the president to ...Joe Biden -
The Wall Street Journal - World
U.S. Natural Gas Futures Cede More Ground
U.S. natural gas futures extended their losing streak to eight sessions as higher U.S. production puts pressure on spot prices and near-term weather forecasts shed some cooling demand. -
The New York Times - Top stories
Abductions Rattle Kenya as Anti-Government Protests Continue
Dozens of activists say they were snatched from their homes or off the streets by hooded, armed men. Some are still missing, and the disappearances have unnerved a nation long seen as a pillar of stability. -
The Wall Street Journal - World
About the Democratic Panic
With polls starting to come in after Biden’s miserable debate, it’s freak-out time. -
MarketWatch - Business
A Trump trade war won’t be good for the stock market, warns Dr. Doom
Nouriel Roubini, the economist who is nicknamed “Dr. Doom” for his often-gloomy predictions, says a Trump win could spark a stock-damaging trade war.Donald Trump -
BBC News - Top stories
Only far right can win majority, warns French PM
French Prime Minister Gabriel Attal urges voters to stop Marine Le Pen's party winning Sunday's vote.France -
The Hill - Politics
Vermont Democrat warns Biden could take other Democrats down with him
Vermont Sen. Peter Welch (D) warned Wednesday that President Biden could take other Democrats down with him if he loses badly in November, and said he doesn’t know anymore if Biden would be a stronger candidate than Vice President Harris. “So if ...Joe Biden -
Financial Times - Business
Starmer warns against complacency as he wraps up election campaign
Labour leader has been focusing his final push on previously safe Tory seats -
Financial Times - World
Food from outside EU enters Britain unchecked, customs agents warn
Inland border facility beset by delays and communication issues as it struggles to implement post-Brexit regimeEuropean Union -
Financial Times - Business
British Airways owner IAG warns airfares must rise to fund carbon cuts
Company’s chief Luis Gallego expects cost implications of switch to cleaner fuel to hit passenger demand -
BBC News - Top stories
Hurricane Beryl leaves Jamaican homes without power
The powerful storm has passed, but torrential rain has prompted new warnings.