Rising Government Debt Threatens Financial Stability, Inflation, BIS Says
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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 -
Inc. - Business
As AI Rises, Startup Anthropic Wants Others to Invent Tools to Measure Whether It’s Safe or Threatening
To keep AIs safe, Anthropic is offering grants to third parties to develop benchmarks that will assess the effectiveness and potential threats from new AI models. -
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 -
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
AI Drones Threaten U.S. Forces
Swarms of cheap versions of a technology we invented could overrun the American military.Artificial Intelligence -
The Wall Street Journal - World
Financial Services Roundup: Market Talk
Find insight on June pending home sales, AXA, KB Financial Group, global property reinsurance prices, and more in the latest Market Talks covering the Financial Services sector. -
MarketWatch - Business
Quest Diagnostics to acquire Canada’s LifeLabs for about $985 million, including debt
Quest Diagnostics Inc. said Wednesday it has entered a definitive agreement with pension fund OMERS to acquire LifeLabs, a Canadian provider of community laboratory services, for about C$1.35 billion ($985 million), including net debt. -
CBS News - Top stories
5 ways to get rid of credit card debt without a new loan
If you don't want to take on additional debt to pay off your credit cards, these strategies may be a good fit. -
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 -
The Wall Street Journal - World
The Hard Financial Lessons I Learned as a New Freelancer
The first few months of being on my own were exhilarating—and scary. I needed to understand that I had to run my new business like a business. -
NBC News - Top stories
Hurricane Beryl lashes Jamaica with 140 mph winds and dangerous storm surge
Beryl lashed Jamaica with strong winds and storm surge and strong waves as the Category 4 hurricane brushed the southern coast of the island Wednesday, officials said. -
The Wall Street Journal - World
Brown's Take: AI Threatens Tech Companies' Climate Commitments
The numbers are starting to roll in, and tech giants’ energy use is way up .Climate -
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 ... -
ESPN - Sports
Are Premier League clubs overvaluing young players to beat financial rules?
The transfer window has seen a lot of big swaps between Premier League sides, especially before July 1. -
The Wall Street Journal - World
Forward Air Names Jamie Pierson as Permanent Chief Financial Officer
Pierson joined the expedited trucker from MV Transportation. -
MarketWatch - Business
A financial markets ‘mystery’: The Japanese yen’s slide is upending a once-reliable relationship
The yen weakens as the spread between Japanese bonds and U.S. Treasurys moves in Japan’s favor. -
Inc. - Business
Most People Think Their Salaries Won't Offer Financial Security
Inflation keeps driving up the amount of money people say they need to earn to feel financially safe. The average figure--$186,000 a year--is more than double the mean U.S. household income, and far more than businesses can afford. -
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Yahoo Sports - Sports
Michael Chandler angles for Conor McGregor at Sphere again – and threatens to flip for Islam Makhachev title shot
Maybe Michael Chandler is going on the offensive in his fight with Conor McGregor – and dangling his own title shot. -
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. -
BBC News - Top stories
Labour manifesto: What they plan to do in government
See what the party has promised to do on issues including the economy, the NHS, immigration and housing. -
MarketWatch - Business
This July 4, here’s how much money you need to declare ‘financial independence’
About 160 million of us are still working for The Man. -
Inc. - Business
Mentally Extend Your Vacation for Exactly Zero Dollars With This Financial Planner's Genius Trick
You can keep those chilled out vibes going for much longer at zero cost if you know a little psychology. -
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GameSpot - Tech
Dead Rising Deluxe Remaster Preorders Are Live
Preorder Dead Rising Deluxe Remaster ... -
The Wall Street Journal - World
Wages Are Rising at Small Firms, But Employment Isn't
The latest NFIB report finds a cooling labor market. -
Financial Times - World
Luxury price rises leave rich asking: is it worth it?
The post-pandemic spending surge appears to be over -
The Hill - Politics
Nvidia's rapid rise hits 'bumps in the road'
After blowing past a $3 trillion market capitalization and briefly becoming the most valuable company in the world last month, Nvidia has lost and regained hundreds of billions of dollars in value in recent days. While the chipmaker’s volatility ... -
MarketWatch - Business
‘She won’t be happy until he’s in a homeless shelter’: My sister wants our father to refinance his $1.2 million home to pay off her $120,000 debt
“My father worked hard his entire life in public transport and retired about seven years ago.” -
MarketWatch - Business
‘I’m appalled’: My grandfather co-signed his grandson’s student loan. After my grandfather died, my cousin skipped town. Will the estate have to pay the debt?
“The loan is now in default, and I have no idea where this grandson is.” -
The Wall Street Journal - World
Amazon to Build Top-Secret Cloud for Australia's Government
Amazon’s cloud-computing business will build a cloud for Australia’s government, improving the U.S. ally’s ability to share and analyze information and boost the resilience of its defense communications.Amazon -
Financial Times - Business
How UK civil servants are preparing for a change of government
Officials get ready for an expected cultural shift in WhitehallUnited Kingdom -
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CBS News - Top stories
What to look for in the U.S. government's June jobs report
Forecasters expect job numbers on Friday to show slower hiring in June, clearing the way for the Fed to cut interest rates later this year. -
Financial Times - Business
UK election results live: Rishi Sunak resigns and apologises to the nation
Sunak awards peerages to Theresa May and six othersUnited Kingdom -
The Wall Street Journal - Business
Amazon to Build Top-Secret Cloud for Australia's Government
Amazon’s cloud-computing business will build a cloud for Australia’s government, improving the U.S. ally’s ability to share and analyze information and boost the resilience of its defense communications.Amazon