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NBC News - Top stories
Democratic Party rules show a clear path to replace Biden if he were to step aside
As Biden's campaign tries to calm nervous Democrats, the DNC is circulating talking points that misleadingly suggest there is no means of replacing the president at the top of the party's ticket.Joe Biden -
The Hill - Politics
'Lost' creator calls on Dems to stop giving party money until Biden steps down
Damon Lindelof, a co-creator of “Lost” and a notable Democratic Party supporter, called on fellow donors to withhold their money until President Biden ends his reelection bid, citing his struggles in the CNN debate against former President Trump ...Joe Biden -
NBC News - Top stories
Kamala Harris fiercely defends Biden as her allies stand ready to back her should he step aside
While some Democrats have floated names like Gretchen Whitmer and Gavin Newsom, Harris supporters say she shouldn’t be passed over if Biden drops out of the race.Joe Biden -
NBC News - Top stories
Biden privately remains torn between defiance and acceptance amid calls to step aside
WASHINGTON — In recent conversations with aides, family members and allies outside the White House, President Joe Biden has vacillated between acceptance and defiance in the face of the seismic shift in his political standing within his own party, ...Joe Biden -
The Hill - Politics
Newsom pulls California crime ballot measure a day after touting it as 'critical step'
California Democrats were set to vote Wednesday on an anti-crime measure that Gov. Gavin Newsom (D) hoped would combat a Republican-backed one that will be on the ballot in the state this fall, but Democrats reversed course at the last second, ...California -
The Guardian - World
Disney heir joins other Democrat backers to pause donations until Joe Biden steps aside
Abigail Disney says choice to suspend donations is based on ‘realism, not disrespect’, and suggests Kamala Harris as an alternative. In the minutes after Joe Biden and Donald Trump stepped on to the stage for the first debate of the 2024 ...Joe Biden -
CBS News - Top stories
GOP, Democratic strategists on Biden's next steps with calls for him to drop out growing
President Biden will try to tamp down concerns about his campaign Friday with a rally in Wisconsin and an interview with ABC's George Stephanopoulos amid growing calls for him to end his reelection bid. Democratic strategist Joel Payne and ...Joe Biden -
NBC News - Top stories
A defiant Biden, in denial of the polls and calls to step aside: 3 takeaways from the ABC interview
President Joe Biden sat Friday for his first television interview since his poor debate performance, a high-stakes moment of seeking to reassure allies and voters. -
NBC News - Politics
A defiant Biden, in denial of the polls and calls to step aside: 3 takeaways from the ABC interview
President Joe Biden sat Friday for his first television interview since his poor debate performance, a high-stakes moment of seeking to reassure allies and voters. -
MarketWatch - Business
A Trump trade war won’t be good for the stock market, warns Dr. Doom
Nouriel Roubini, the economist who is nicknamed “Dr. Doom” for his often-gloomy predictions, says a Trump win could spark a stock-damaging trade war.Donald Trump -
ABC News - Top stories
Open on July 4th: Retailers and airlines. Closed: Government, banks, stock market
The Fourth of July holiday, also known as Independence Day, celebrates the Second Continental Congress’ unanimous adoption of the Declaration of Independence on July 4, 1776, a document announcing the colonies’ separation from Great Britain -
Financial Times - Business
Kolanovic to leave JPMorgan after series of mistimed stock market calls
Top analyst leaves US bank after bearish forecasts on S&P 500 -
Inc. - Business
Echoes of the Dot-Com Bubble Haunt AI-Driven Stock Market
It's beginning to look a little too much like 2000 for some investors' comfort, as big AI names dominate key stock indexes. -
Financial Times - Business
Starmer rules out UK rejoining EU single market in his lifetime
Labour leader’s stance is at odds with the opinion of many of his party’s votersUnited Kingdom -
Financial Times - Business
EQT can beat Aim market on a video gaming roll-up
Swedish private equity group inks a deal to buy Dublin-based Keywords Studios -
MarketWatch - Business
Is your active mutual fund beating the U.S. stock market this year?
Professional stock pickers who run mutual funds focused on U.S. stocks struggled in June, with only a small majority beating their benchmarks in the first half of this year, according to BofA Global Research. -
Inc. - Business
U.S. Labor Market Eases Steadily Despite Rise in Job Openings
The Labor Department reports the number of jobs available in May stayed steady from April, a sign that the market is stabilizing. -
The Guardian - World
French voters face choice of least worst option in high-stakes election
Scramble to build ‘republican front’ against first-placed far right leaves many weighing difficult decisions. At a market in Meyzieu, a small commune on the outskirts of Lyon, Kheira Vermorel eyed a box filled with potatoes, wondering if the ...France -
MarketWatch - Business
For all the fear of black swans, the stock market is acting roughly the same
“If the modern world is growing ever more complex and more black swans are flying around as a result, it is not apparent in the historical return data,” says one market observer. -
The Wall Street Journal - World
Indian Stock Market Outlook Looks Bright After Recent Elections
The outlook for India’s stock market performance in the coming decade is bright, buoyed by optimism about the country’s economic prospects after last month’s general election results, according to analysts. -
MarketWatch - Business
If Biden drops out of the race, this is what will matter to the stock market
With President Joe Biden’s re-election campaign appearing to hang by a thread after last week’s debate debacle, investors understandably may wonder whether a change at the top of the Democratic ticket would move the stock market.Joe Biden -
MarketWatch - Business
A financial markets ‘mystery’: The Japanese yen’s slide is upending a once-reliable relationship
The yen weakens as the spread between Japanese bonds and U.S. Treasurys moves in Japan’s favor. -
Financial Times - World
UK stands out for its stability after election landslide, say investors
Calm in Britain’s financial markets following Labour victory contrasts with turmoil elsewhere in EuropeUnited Kingdom -
NBC News - Top stories
Employers added 206,000 jobs in June, as sturdy labor market gradually cools
The economy added 206,000 jobs last month, according to fresh government data, but unemployment inched above 4% for the first time in over two years. -
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 -
CNN - Top stories
US job growth slowed in June, latest employment data shows
Live coverage of the June jobs report has now ended. The US economy added 206,000 jobs in June and the unemployment rate rose to 4.1%, according to the Bureau of Labor Statistics. -
The Wall Street Journal - World
Cooling Labor Market Sets Up Debate Over September Cut
There probably wasn’t anything alarming enough in Friday’s report to lead Fed officials to put a July rate cut on the menu. But the latest reading suggests a labor market continuing to loosen, much as the central bank anticipated. -
The Wall Street Journal - World
Why Your Fund Manager Can't Beat Today's Stock Market
The time seems just right for active stock pickers to beat the market. Why, then, are they doing even worse than usual? -
The Wall Street Journal - World
Weak Labor Market to Offer Bank of Canada Comfort on July Rate Cut
A weak employment report for June should provide comfort to the Bank of Canada about following up June’s interest rate cut with another reduction in July, says CIBC Capital Markets. -
MarketWatch - Business
A surge of new apartments is hitting the market. Renters in these cities stand to benefit the most.
The recent supply surge means apartments are sitting vacant for longer, which means renters are in a good position to ask for discounts. -
The Wall Street Journal - World
China is taking tentative new steps to help disrupt the global supply chain fueling the opioid crisis after intensifying criticism from the U.S.
China is taking tentative new steps to help disrupt the global supply chain fueling the opioid crisis after intensifying criticism from the U.S.China -
The Wall Street Journal - World
Biden pressed Netanyahu to hammer out a Gaza cease-fire deal, telling the Israeli prime minister in a phone call on that now is the time to save the lives of hostages held by Hamas.
Biden pressed Netanyahu to hammer out a Gaza cease-fire deal, telling the Israeli prime minister in a phone call on that now is the time to save the lives of hostages held by Hamas.Israel -
CNBC - Business
10 things to watch in the stock market Wednesday after the S&P 500's record close
U.S. stock futures are little changed after the S&P closed above 5,500 for the first time on Tuesday. -
MarketWatch - Business
2-year Treasury yield ends at almost three-week low after ISM data offers signs of waning U.S. growth
Treasury yields finished lower on Wednesday for a second straight session after the Institute for Supply Management’s index of services businesses produced its lowest reading since the height of the pandemic in May 2020. -
CNBC - Business
How a 'softening' real estate market could help you score a lower price on a home
Homes are taking longer to sell, which is helping buyers successfully negotiate the asking price for a home. -
MarketWatch - Business
Wall Street’s most bearish strategist is leaving JPMorgan. Here’s a look at his market calls.
Chief market strategist Marko Kolanovic is leaving JPMorgan Chase & Co. following a 19-year stretch with the bank, according to a person at the investment bank who shared details from two internal memos with MarketWatch on Wednesday. -
MarketWatch - Business
Betting markets give Harris better chance of being Democratic nominee than Biden
Vice President Kamala Harris on Wednesday moved ahead of President Joe Biden in some betting markets as to who would be the candidate to take on former President Donald Trump in the presidential election.Joe Biden -
Inc. - Business
A Strong Job Market Still Leaves Some Gen Z and Older Workers Behind
Increasing Gen Zers "not in employment, education, or training," and so-called 'New Unemployable' experienced workers unable to land work create an untapped labor pool for companies. -
CBS Sports - Sports
DeMar DeRozan free agency: Why six-time All-Star is in limbo, just like the last time he was on the market
DeRozan reportedly won't sign for the MLE, and sign-and-trades are complicated -
CNBC - Business
Hong Kong's IPO market is finally starting to turn around, consulting firm EY says
The market for initial public offerings in Hong Kong is set to improve significantly over the next five years, said George Chan, global IPO leader at EY.