The Fed's Case to Cut Interest Rates Is on the Line Today
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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 -
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 -
The Wall Street Journal - World
USD/SGD Slips on Prospects of Fading U.S. Economic Exceptionalism
USD/SGD edged lower during the Asian session on prospects of abating U.S. economic exceptionalism. -
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
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
Gold Edges Higher on Rate Cut Hopes
Gold prices have rebounded to $2,355/oz on softening U.S. economic data, which has lifted investor confidence around a start to the U.S. monetary easing cycle from September, ANZ said. -
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
Gold Futures Near Two-week Highs on Hopes for US Rate Cuts
Gold futures rose, nearing a two-week high, amid growing investor optimism for a U.S. interest rate cut. -
GameSpot - Tech
Final Fantasy Creator Has No Interest In Returning To The Series
Final Fantasy Creator Hironobu Sakaguchi said he has no interest in returning to the series after partnering up with Square Enix for the PC and console version of Fantasian, a game previously only available on mobile devices.. In an interview with ... -
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 -
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 -
CNBC - Business
CEO of CVS shares her simple trick to tell whether you're oversharing at work: 'There's a fine line'
Oversharing at work can come from the best of intentions, and lead to embarrassing consequences. CVS CEO Karen Lynch has a tip for striking the right balance. -
CBS Sports - Sports
Giants GM says Patrick Mahomes couldn't win with team's O-line in 2023: Jones 'didn't have much of a chance'
New York's top exec didn't hold back while criticizing last year's offensive lineNFL -
The Wall Street Journal - World
Lufthansa's Acquisition of ITA Airways Stake Gets Conditional EU Approval
The European Union gave Deutsche Lufthansa its conditional green light to buy a minority stake in Italian carrier ITA Airways, increasing the German carrier group’s reach in Europe and exposure to the lucrative Italian market.European Union -
The Wall Street Journal - World
U.S. Natural Gas Futures Settle Lower
U.S. natural gas futures settled lower in light up-and-down trade. -
The Wall Street Journal - World
What Would Happen if Biden Drops Out of the Election?
Democratic unity showed cracks after his shaky debate performance against Trump.Joe Biden -
The Wall Street Journal - World
Saks Owner to Buy Neiman Marcus, With Help From Amazon
Retail rivals strike a $2.65 billion merger as they seek to gain scale against luxury brands. -
The Wall Street Journal - World
Trump Expands Lead Over Biden as Age Worries Grow, WSJ Poll Finds
Donald Trump has opened a 6-point lead over President Biden among voters nationally, with 80% saying the president is too old to run for a second term, a new Wall Street Journal poll finds.Joe Biden -
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. -
The Wall Street Journal - World
'Despicable Me 4' Review: Gru Undercover
Steve Carell voices Gru, the supervillain-turned-secret agent, for the sixth time as he parries the revenge efforts of his high-school nemesis, Maxime Le Mal, voiced by Will Ferrell. -
The Wall Street Journal - World
'Raffaella' Review: An Enchanted Elegy
At the Morris Performing Arts Center, this fairytale ballet—commissioned by the Stroik family to honor their late daughter, Raffaella—is a tribute to the young dancer’s life and legacy. -
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 -
CBS Sports - Sports
Mets vs. Nationals odds, line, score prediction, start time: 2024 MLB picks, July 4 bets from proven model
SportsLine's model simulated Washington Nationals vs. New York Mets and revealed its MLB picks for the Fourth of JulyMLB -
ABC News - Sports
NFL is liable for $4,707,259,944.64 in 'Sunday Ticket' case
The damages a federal jury has ordered the NFL to pay for violating antitrust laws in distributing out-of-market Sunday afternoon games on a premium subscription service is $4,707,259,944.64NFL -
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
Ericsson Intends to Book $1.1 Billion Charge for Latest Quarter
The Swedish telecom-equipment company said lower-than-expected growth at its Vonage cloud subsidiary prompted the impairment charge. -
MarketWatch - Business
Open Text to cut 1,200 jobs as part of cost-saving plan
Open Text’s stock rallied Wednesday, after the enterprise-software company disclosed that it was cutting 1,200 jobs as part of a “business optimization” plan aimed at saving about $200 million a year. -
ESPN - Sports
Hendrick cuts sponsor after Hooters can't pay bills
Hendrick Motorsports has dropped longtime sponsor Hooters, saying the restaurant chain could not pay its bills amid reports that it closed more than 40 locations. -
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ABC News - Top stories
4th human case of bird flu linked to dairy cow outbreak: CDC
The CDC confirmed the fourth human case of bird flu linked to the current dairy cow outbreak on Wednesday in a dairy worker in Colorado. -
NBC News - Top stories
4th case of bird flu linked to dairy cows detected in Colorado
A fourth person has tested positive for bird flu in the outbreak linked to dairy cows, this time in Colorado. -
CBS News - Top stories
Experts doubt Trump will get conviction tossed in "hush money" case
As the case enters a new phase, experts remain skeptical that former President Donald Trump's 11th-hour effort to overturn his conviction will be successful.Donald Trump -
The Hill - Politics
Fourth human bird flu case tied to dairy cow outbreak reported
The Centers for Disease Control and Prevention (CDC) reported on Wednesday the fourth human case of bird flu linked to the ongoing dairy cow outbreak in the country, marking the first such case reported in Colorado. All four cases were reported in ... -
Financial Times - Business
McKinsey prevails in racketeering case brought by turnaround rival Jay Alix
New York judge dismisses six-year old legal action accusing consulting firm of conflicts of interest in bankruptcy cases -
MarketWatch - Business
Mortgage rates post biggest increase in two months, going back over 7%
Mortgage applications fell 2.6% in the last week, the Mortgage Bankers Association said.Mortgage -
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
New Dutch leader pledges to cut immigration; opposition vows to root out racists
Dutch Prime Minister Dick Schoof is pledging to work hard at cutting immigration, one of his new goverment’s main aimsNetherlands -
CBS Sports - Sports
Ranking top 25 players in NFL history: One current player makes the cut on list of all-time greats
These 25 players stand out from the restNFL -
NBC News - Top stories
Black farmers' association calls for Tractor Supply CEO's resignation after company cuts DEI efforts
The Black Farmers Association called for Tractor Supply CEO's resignation after the rural retailer announced that it would cut DEI and climate advocacy. -