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Japan’s inflation marks two years above BOJ’s target as meeting looms
Japan’s consumer inflation has stayed above the Bank of Japan’s 2% target for two years, government data confirmed Friday, amid speculation over further interest-rate increases.MarketWatch - Business - Japan -
Oil prices post weekly loss as market sees limited risk of wider war after Israel strike on Iran
Oil prices briefly jumped more than 3% after reports of explosions near the Iranian city of Isfahan.CNBC - Business - Iran -
The next bank bailout’s true costs may not be such a mystery
Future debates about whether to assist distressed corporations, including New York Community Bank, could be better informed by more educated guesses about costs.The Hill - Politics -
U.S. Mortgage Rates Jump Above 7% for the First Time This Year
Rates on 30-year mortgages — the most common kind among U.S. homeowners — surpassed the 7 percent mark on Thursday, a troublesome sign for an already tight housing market.The New York Times - Business - Mortgage -
Undergarments for the Ultrawealthy
Cadolle, a maker of corsets favored by designers like John Galliano and labels like Dior, is known for custom underpinnings that can cost thousands of dollars.The New York Times - Lifestyle -
China Hits U.S. With Levy on Chemical as Trade Tensions Rise
China slapped a levy on imports from the U.S. of a widely used chemical, a small salvo in an escalating trade dispute between Washington and Beijing.The Wall Street Journal - World - China -
Foreign aid legislation advances, but could cost Speaker Mike Johnson
The House Rules Committee advanced a foreign aid package that provides billions in stalled security funding for Ukraine, Israel and Taiwan, steering the measures closer toward passage this weekend. The legislation had been tied up for weeks. The ...CBS News - Politics -
Oil prices jump, U.S. stock futures sink on reports of explosions heard in Iran
Crude oil prices jumped and U.S. stock futures sank Thursday night following reports of explosions in a city in western Iran, amid fears of a wider conflict between Israel and Iran.MarketWatch - Business - Iran -
College basketball rankings: Kansas lands Wisconsin transfer AJ Storr, jumps Houston for No. 1 in Top 25 And 1
The Jayhawks have upgraded their roster and are the new No. 1 team in the way-too-early Top 25 And 1CBS Sports - Sports -
Environmental Damage Could Cost You a Fifth of Your Income Over the Next 25 Years
The world is already committed to warming that will undercut the global economy by 20 percent between now and 2050. That’s six times the price of limiting warming to 2 degrees Celsius.Wired - Tech -
Nike discloses ‘second phase’ of job cuts at its headquarters amid cost-savings efforts
More than 700 staff at Nike’s global headquarters in Oregon will have been laid off by June 28, the company said.MarketWatch - Business