Stocks will fall 30% as the U.S. economy heads for a painful recession, strategist says
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The New York Times - World
How the Labour Party Wants to Change the UK Economy
With Britain’s productivity and wages stalled for the past decade and a half, the winning party in the general election faces a tall order.United Kingdom -
The New York Times - Business
One Obstacle for Trump’s Promises: This Isn’t the 2016 Economy
Donald J. Trump slapped tariffs on trading partners and cut taxes in his first term. But after inflation’s return, a repeat playbook would be riskier.Donald Trump -
The Hill - Politics
US economy adds 206K jobs in June
The U.S. economy added 206,000 jobs in June and the unemployment rate rose slightly to 4.1 percent, according to Labor Department data released Friday. The latest jobs numbers are are largely in line with expectations that the economy would add ... -
Inc. - Business
June Job Numbers Hit 206,000 as Economy Rolls On
Unemployment remains low as monthly Labor Department figures indicate continued strength, though signs of slowing are creeping in at the margins. -
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 -
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. -
The Wall Street Journal - World
Gas Stoves Head for the Ballot in Washington State
A voter initiative in November would save natural gas energy for homes and business. -
ABC News - World
German government averts crisis with budget agreement for Europe’s largest economy
The German government has announced an agreement on its budget for 2025 and a stimulus package for Europe’s largest economy, easing a monthslong squabble that threatened to upend Chancellor Olaf Scholz’s center-left coalitionGermany -
The New York Times - World
Who Is Rachel Reeves, the Woman Taking the Helm of the U.K.’s Economy?
As the newly named chancellor of the Exchequer, she is taking on the tough job of boosting Britain’s productivity growth and of reviving struggling public services. -
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 ... -
ABC News - Top stories
Average rate on 30-year mortgage climbs for 1st time since late May to just under 7%
The average rate on a 30-year mortgage rose this week, pushing up borrowing costs on a home loan for the first time since late May -
ABC News - World
Iranian-born Norwegian man is found guilty of terrorism in 2022 shooting at Oslo LGBTQ+ festival, sentenced to 30 years
Iranian-born Norwegian man is found guilty of terrorism in 2022 shooting at Oslo LGBTQ+ festival, sentenced to 30 years -
ABC News - World
Iranian-born Norwegian man found guilty in 2022 Oslo LGBT+ festival attack, sentenced to 30 years
An Iranian-born Norwegian man has been found guilty of terrorism in a 2022 attack on an LGBTQ+ festival in Oslo and sentenced to 30 years in prison -
Inc. - Business
Jeff Bezos Said Successful Companies Last '30-Something Years.' Guess How Old Amazon Is Turning?
A big birthday, and some free business lessons. -
The New York Times - Lifestyle
Marc Jacobs’s Latest Fall Collection Is Delightful Delusion
The designer’s fall collection, inspired by “personal transformation,” was wholly cartoonish. -
The Wall Street Journal - World
The WSJ Dollar Index Falls 0.2% to 100.25
The WSJ Dollar Index was down 0.2% to 100.25 — down for two consecutive trading days. -
The Wall Street Journal - World
German Factory Orders Unexpectedly Fall Again
Manufacturing orders were 1.6% lower in May than the prior month, indicating that the key sector for Germany’s export economy continues to struggle.Germany -
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. -
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Financial Times - World
Election special: Starmer moves into Number 10
The FT’s top political commentators answer listeners’ questions about the general election result -
Financial Times - World
Amid the Trump-Biden chaos, Americans should not forget their history
The indictments against King George in the Declaration of Independence could just as easily be applied to TrumpJoe Biden -
Financial Times - World
French far right lead narrows ahead of Sunday vote, poll shows
Ipsos projects a closer race likely to result in a hung parliament -
Financial Times - World
Who will replace Sunak as Tory leader?
Candidates from both wings of the party jostle for position after electoral defeatUnited Kingdom -
BBC News - Top stories
Voters to head to polls for UK general election
Polls will open at 07:00 on Thursday as millions prepare to cast their vote in the general election.United Kingdom -
The New York Times - World
As Beryl Moves On, Ravaged Islands Assess the Devastation
The hurricane caused destruction across the Caribbean, but some were relieved that it hadn’t been worse. -
BBC News - Top stories
Hurricane Beryl heads towards Mexico and the US
The National Hurricane Center forecasts the storm will hit the Yucatan Peninsula before heading towards Texas.Mexico -
Financial Times - World
Live results map: The winners in every seat
Full details of who has won in every constituency -
BBC News - Top stories
Is the U.S. president now above the law?
All you need to know about the Supreme Court’s ruling. -
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 -
Financial Times - Business
Jeff Bezos to offload $5bn of Amazon stock
Tech giant’s biggest shareholder set to take his sale of shares to more than $13bn this year but still holds 9% stake -
MarketWatch - Business
Is the stock market open on July 4 (and July 5)?
Expect plenty of closures on Independence Day, but some stores will be open. -
The Wall Street Journal - World
Tesla's Stock Rallies, Erasing Losses for the Year
Tesla shares have jumped about 25% this week on better-than-expected sales results, pushing the stock around the break-even point for 2024. -
MarketWatch - Business
Businesses show biggest contraction since pandemic, ISM finds. The economy may be weakening.
Service-oriented companies such as hotels, banks and retailers that dominate the economy contracted in June for the second time in three months in another sign growth in the U.S. is slowing. -
NBC News - Top stories
July 4 travel hitting a record thanks to lower gas prices, humming economy
Travelers heading out for the July 4 holiday can expect plenty of company this year. -
CNBC - Business
Friday's jobs report expected to show slowing payroll gains as concern rises about broader economy
Economists surveyed by Dow Jones expect June to show growth of 200,000, down from the 272,000 reported for May. -
MarketWatch - Business
S&P 500 scores record high as jobs data point to cooling ‘but not collapsing’ economy
The U.S. stock market has extended its summer rally, with the S&P 500 index climbing to yet another record peak Friday as investors weighed the latest jobs report. -
Financial Times - World
A wild and woolly time awaits on the opposition benches
Tactical voting has ensured success for the Lib Dems and the Greens -