Why the Fed must change how it targets inflation
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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 -
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 -
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 -
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 Guardian - World
Revolution in the air: how laughing gas changed the world
Since its discovery in the 18th century, nitrous oxide has gone from vaudeville gimmick to pioneering anaesthetic to modern party drug. Playing rugby one day, I mistimed a tackle and dislocated one of my fingers. I felt a stab of pain and sat in ... -
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: Polls suggest Labour landslide as Britain votes
Also in today’s newsletter, EU tariffs on China EVs kick in and how retail politics revived France’s far right -
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 -
CBS News - Top stories
Why you should open a long-term CD before the July inflation report
With the next inflation report slated to be released soon, savers may want to open a long-term CD now. Here's why. -
The Guardian - World
Change of menu: How The Bear can get back on track in season four
The third season of restaurant drama The Bear has left some critics cold – what ingredients can it beef up, tone down or discard in the next?. Major spoilers ahead. The third season of the Bear concludes on somewhat of a cliffhanger, albeit an ... -
MarketWatch - Business
‘His wife is manipulative’: My father married a woman, 60, with no money, then changed his will. How can I preserve my inheritance?
“He changed his will, leaving his new wife his share of the estate, plus all of the contents of the house, including family heirlooms.” -
The Guardian - World
UK general election: how does it work, when are the results and why does it matter to the world?
A complete guide to the how Britain votes for its government and the prime minister is decided. UK election day live – latest updatesWhat time will we know who won? Guide to the nightThe UK general election takes place on 4 July. Here we look at ...United Kingdom -
The Hill - Politics
House Republicans target Harris as Biden concerns loom
The House Republicans' campaign arm launched an ad targeting Vice President Harris on Wednesday, as some Democrats call on her to replace President Biden at the top of the party’s November ticket. “House Republicans are sharpening our knives if ...Joe Biden -
The New York Times - Business
Things to Bring to College That You Can’t Buy at Target
They won’t add bulk to the car or much cost to the bill, but they’ll help keep your college student safer. Pepperoni is also involved. -
Yahoo Sports - Sports
Tricky moves the Lakers must make to build around LeBron, AD
LeBron and Bronny are in the fold and getting paid. LA also has a new coach and its staff is taking shape. But check out the work Rob Pelinka still has ahead of him.NBA -
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. -
Financial Times - World
Can the market fix climate change?
Also in this newsletter: French horse-trading, Biden under pressure, inflation slows across EuropeClimate -
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 -
The New York Times - Sports
The U.S. Men’s Soccer Coach Must Face His Failures
A massive missed opportunity at Copa América leaves Gregg Berhalter with an uncertain future, a columnist for The Athletic writes. -
BBC News - Top stories
The Sun backs Labour saying it's 'time for change'
The newspaper says the Tories have become "a divided rabble" and need "a period in opposition to unite". -
The New York Times - Top stories
As Britain Votes, Change Is in the Air. Optimism, Not So Much.
The Labour Party is projected to sweep out the Conservatives after 14 years. But it would then inherit a “legacy of ashes.” -
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 -
CBS Sports - Sports
2024 Fantasy Football: Dave Richard's Sleepers 2.0 features Jaxon Smith-Njiba, plus deep sleepers to target
If you like enormous lists of sleeper candidates, you've clicked to the right placeFantasy Football -
ABC News - Sports
Tuwai back in Fiji's fold as the Olympic champions target a rugby sevens three-peat in Paris
Two-time Olympic champion Jerry Tuwai has been recalled by Fiji coach and former captain Osea Kolinisau in the Pacific island nation's bid for a rugby sevens three-peat in Paris -
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
Euro's Scope to Rise May Be Limited Amid French, U.S. Political Risks
The euro rose versus the dollar following weak U.S. economic data on Wednesday but any further gains will be limited given risks surrounding Sunday’s French parliamentary election runoff and November’s U.S. presidential election, ING said. -
The Hill - Politics
Social media court case shows we must rein in bureaucrats to protect free speech
The lesson of Murthy v. Missouri and the Supreme Court’s decision is censorship is the symptom. The root cause is government overreach. -
NBC News - Top stories
Some Mississippi legislative districts dilute Black voting power and must be redrawn, judges say
Three federal judges are telling Mississippi to redraw some of its legislative districts, saying the current ones dilute the power of Black voters. -
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 -
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 -
Yahoo Sports - Sports
Gregg's gotta go: USMNT die-hards call for change
The American Outlaws and Barra 76 both released statements in the aftermath of the USMNT's Copa América exit. Public opinion is now clear that Berhalter must be replaced. -
ABC News - World
Polls open in British election in which voters appear eager for change
Polls open in British election in which voters appear eager for change after 14 years of Conservative government -
Financial Times - Business
Why Starmer should now play prosecutor on Brexit
A proper audit of the impact of leaving the EU would deliver political and economic benefits to incoming Labour ministers -
Financial Times - World
Why more are making the great move north
The south’s sky-high house prices and population pressures are prompting more UK professionals to relocate -
ESPN - Sports
Why the Klay Thompson era ended at Golden State
After two years of despair and feelings of disrespect, the four-time champion will begin a new chapter -- this one with Kyrie Irving and Luka Doncic in Dallas. -
ABC News - Top stories
Why mass shootings and violence increase in the summer
Violence and mass shootings often surge in the summer months -
The New York Times - Top stories
There’s a Name for the Trap Joe Biden Faces
It’s always hard to walk away from power.Joe Biden -
Financial Times - Business
Why has Rishi Sunak’s campaign been such a disaster?
The PM’s blunders worsened his chances amid a backdrop of crumbling public services and party fundraising struggles