Stocks Rise With Fed in Focus
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CNBC - Business
Can Israel's Iron Dome be overrun? System's capabilities in focus amid rising risk of war with Hezbollah
As Israel faces the prospect of a two-front war against Hamas and Hezbollah, military experts warn its advanced Iron Dome defense system could be overwhelmed.Israel -
CNBC - Business
Tesla stock rises again after better-than-expected deliveries report
Tesla shares saw more gains Wednesday, after jumping 10% in the previous session.Tesla -
The Wall Street Journal - World
Hurricane Beryl Shouldn't Pose Threat to Specialty Insurers' Full-Year Targets
Potential Hurricane Beryl losses shouldn’t threaten European specialty insurers’ and reinsurers’ full-year targets, though it is still too soon to tell, RBC Capital Markets said. -
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 -
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 -
The Guardian - World
UK stocks, sterling, bond prices rise as business calls for ‘fresh start’ under Labour – business live
TUC says Labour has ‘historic opportunity’ to ‘repair and rebuild Britain’ as Goldman Sachs raises UK growth forecasts. Labour wins UK general election as Keir Starmer says: ‘We did it! Change begins now’Housebuilders lead gains on FTSE 100 with ...United Kingdom -
MarketWatch - Business
‘Any technology stock with an AI story is rising too far and too fast,’ this veteran trader warns
The market is in a huge tech-led bubble — but you’d be wrong to bet against it. -
The New York Times - Lifestyle
The Rise of the ‘Earlymoon’
Many couples are no longer waiting until after their weddings to take a trip. -
NBC News - Politics
Democrats focus in on North Carolina's Latino voters
Following an extremely tight presidential vote in 2020, Democrats are hoping North Carolina's Latino voters can help them win this fall, but overall enthusiasm for both parties remains low. NBC News' Morgan Radford talked to some of those voters ... -
The Hill - Politics
ALICE is on the rise in the US
Following last week’s Poor People’s Low-Wage Workers’ Assembly Morale March on Washington D.C., attention has further turned to ALICE. No, it’s not a she, rather it’s an acronym coined by United Way, which stands for: Asset Limited, Income ... -
MarketWatch - Business
Hurricane Beryl puts focus on oil with climate change likely to intensify storms
Even though Hurricane Beryl is predicted to miss most of the offshore oil rigs in the Gulf of Mexico, the U.S. energy industry is on high alert over climate change and the risk of more frequent, more intense storms posing a growing challenge for ...Climate -
ABC News - Tech
Russian-linked cybercampaigns put bull's-eye on France's Olympics and elections
Cybersecurity experts and French officials say Russian disinformation campaigns against France are zeroing in on legislative elections and the Olympic Games which open in Paris at the end of the monthRussia -
ABC News - World
Russian-linked cybercampaigns put a bull's-eye on France. Their focus? The Olympics and elections
Cybersecurity experts and French officials say Russian disinformation campaigns against France are zeroing in on legislative elections and the Olympic Games which open in Paris at the end of the monthRussia -
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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. -
VentureBeat - Tech
Rest in Peace, Wii U (one final time) | Kaser Focus
Nintendo will no longer be repairing the Wii U, so Rachel Kaser laments yet another reminder that her underrated console is kaput. -
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The Wall Street Journal - World
Only the Fed Can Rekindle America's Love for Cars
New-vehicle sales are stuck in middle gear as high interest rates and high prices push less affluent consumers into the secondhand market.Federal Reserve -
The Wall Street Journal - World
Fed Officials Signaled No Hurry to Cut Rates
The minutes of their last meeting suggested some are on alert for signs of labor-market deteriorationFederal 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 -
MarketWatch - Business
How to trade Tesla’s stock
Also: An expensive stock market, improving home affordability in some areas, and a different way to think about Nvidia’s success. -
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 Hill - Politics
Fed confident in 'restrictive' rate level while sounding notes of caution
Minutes from the Federal Reserve’s June meeting revealed confidence among central bankers that elevated interest rates were having the desired effect of cooling the economy toward a soft landing and 2-percent annual inflation. “The vast majority ...Federal 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. -
Financial Times - Business
Goldman Sachs faces uphill battle in dispute with Fed over stress test
Chance of reconsidering its grade ‘close to zero’ as US central bank has never overturned an assessment on appealFederal 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 -
The New York Times - Business
Fed Officials Keep an Eye Out for Cracks in the Job Market
Federal Reserve policymakers are watching for any sign that the labor market is weakening abruptly, which might prod them to cut rates sooner.Federal Reserve -
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. -
Inc. - Business
Feds Fine GM $146 Million Over Emissions Standards
The National Highway Traffic Safety Administrationsaid Chevy Tahoe, Cadillac Escalade and Chevy Silverado models made between 2012 and 2018 burned more gas and spewed more carbon dioxide than the automaker claimed. -
The Guardian - World
‘To be totally the focus of someone, who was really into sex, was fantastic’: Tracey Emin and Billy Childish on their blazing romance
Never was a couple so combustible, but their relationship in the 80s would influence their entire life’s work. In an extract from a new biography of Childish, the pair, who are somehow still friends, give their side of the story. Bill Lewis – ... -
The Wall Street Journal - World
U.S. Stocks Trade Mostly Higher
Stock indexes were mixed in the shortened trading session, with the Nasdaq Composite and S&P 500 both on pace to hit fresh records. The Dow industrials slipped. -
The Wall Street Journal - World
Nasdaq Rises After Jobs Report Keeps Rate Cuts in Play
The S&P 500 and Nasdaq Composite were poised to hit fresh closing peaks, after reaching new records ahead of the Fourth of July holiday. The Dow industrials were roughly flat. -
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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 ... -
Financial Times - World
US economy adds more jobs than forecast but unemployment rises
Labour market shows signs of cooling as jobless rate increases to 4.1% in June and recent jobs growth is revised lower