High Inflation Eases
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Financial Times - Business
Fed’s high-rates era handed $1tn windfall to US banks
Lenders charged more for loans but kept interest payments to savers down, FT analysis finds2 hours ago -
The Hill - Politics
Over 700 high-ranking national security officials endorse Harris
Over 700 high-ranking national security officials have endorsed Democratic candidate Vice President Harris in her run for the White House, with some leaders expressing concerns about former ...4 hours ago -
ABC News - World
Congo frees 600 inmates at main prison in a bid to ease overcrowding
Authorities in Congo say 600 prisoners in the country's main prison have been freed as part of a process aimed at decongesting overcrowded prisons18 hours ago -
CBS Sports - Sports
Justin Herbert injury update: Jim Harbaugh says Chargers QB game-time call vs. Steelers with high-ankle sprain
L.A. will face the Steelers in Pittsburgh on Sunday18 hours ago - NFL -
The Guardian - World
Solanke and Johnson ease Tottenham worries in comeback win over Brentford
As late summer sun settled above Tottenham’s symbolic golden cockerel, even the single-minded manager Ange Postecoglou could bathe in greater warmth and sustenance from a support that has been ...22 hours ago -
CNBC - Business
FTC sues drug middlemen for allegedly inflating insulin prices
The FTC suit targets the three biggest so-called pharmacy benefit managers, UnitedHealth Group's Optum Rx, CVS Health's Caremark and Cigna's Express Scripts.Yesterday -
ESPN - Sports
QB Herbert questionable, pain in ankle 'not great'
Chargers QB Justin Herbert said Friday that doctors diagnosed him with a high right ankle sprain and his status for Sunday's game against the Steelers is "yet to be decided."Yesterday -
CBS News - Top stories
Virginia high school students surprise janitor with SUV
A custodian at a Virginia high school was brought to tears when students surprised him with an SUV. Steve Hartman goes "On the Road" to learn more about the heartwarming gesture.Yesterday -
CBS News - Top stories
Inflation concerns weigh heavily on voters
Many Americans are voting with their wallets this year, which is unsurprising considering the U.S. economy consistently polls as a top concern. Vice President Kamala Harris and former President ...Yesterday -
CNBC - Business
Cramer's week ahead: New inflation data and earnings from Costco, KB Home
CNBC's Jim Cramer said the Fed's successful start to the easing cycle is leading the market in a positive direction.Yesterday -
NBC News - Top stories
Federal Trade Commission accuses three drug middlemen of inflating insulin prices
The Federal Trade Commission said Friday that it is suing three drug middlemen, accusing them of inflating insulin prices.Yesterday -
CNBC - Business
Fed Governor Waller says inflation softening faster than he expected put him in half-point-cut camp
Waller told CNBC that the data is showing core inflation in the Fed's preferred measure is running below 1.8%Yesterday - Federal Reserve -
ABC News - Health
High insulin prices spur a federal lawsuit against three pharmacy benefit managers
The federal government is suing some pharmacy benefit managers over a system of drug rebates that regulators say has made the price of insulin soar for patientsYesterday -
CNBC - Business
Trump Media closes at a new 52-week low on heavy trading after lockup expires
Former President Donald Trump's majority stake in the Truth Social owner was worth $1.5 billion by Friday's close.Yesterday - Donald Trump -
The Hill - Politics
FTC sues three largest drug middlemen for allegedly inflating insulin prices
The Federal Trade Commission (FTC) on Friday sued the three largest pharmacy benefit managers (PBMs) for engaging in alleged anticompetitive practices that boosted profits while “artificially” ...Yesterday -
MarketWatch - Business
10-, 30-year Treasury yields end near 2-week highs amid optimism on U.S. economy
Long-term yields on U.S. government debt finished little changed on Friday, but remained near two-week highs following better news on the U.S. economy from the previous session.Yesterday -
Inc. - Business
Gold Jumps Past Record High of $2,600
Prices for the asset have risen 27 percent in 2024, the most since 2010.Yesterday -
Financial Times - Business
Did central banks get the inflation crisis right?
Policymakers are lowering rates and signalling new confidence that a ‘soft landing’ is possible. But few are ready to declare victoryYesterday -
Financial Times - World
NI High Court deals blow to body investigating Troubles-era atrocities
Government’s ability to veto sensitive information breaches international human rights law, court findsYesterday -
The Wall Street Journal - Business
FTC Accuses Drug Middlemen of Inflating Insulin Prices
The Federal Trade Commission sued the drug middlemen that health plans use to keep a lid on drug spending, accusing the firms of inflating the price of insulin.Yesterday -
The New York Times - Health
F.T.C. Accuses Drug Middlemen of Inflating Insulin Prices
The case takes aim at the major pharmacy benefit managers, agency officials said, claiming that they favored more expensive insulin products and forced patients to pay more.Yesterday -
The Hill - Politics
Which path will the Fed take to ease monetary policy?
There is little historical experience to guide policymakers or investors, because the current economic cycle is like no other in U.S. history.Yesterday - Federal Reserve -
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NBC News - Top stories
Israel is known for carrying out high-profile assassinations. But are they an effective tactic?
From exploding letters in the 1960s to exploding pagers today, Israel has been tracking down its enemies in covert operations for decades. But the hits often yield only temporary gains.2 days ago -
Yahoo Sports - Sports
How Does Seider's New Deal Compare to High-End Defense Market?
Putting Moritz Seider's new deal into the context via contract comparables with other elite NHL defenseman2 days ago -
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Financial Times - World
FirstFT: Wall Street titan John Paulson defends Trump’s tariff talk
Also in today’s newsletter, S&P 500 hits record high and Amazon’s crackdown on remote work2 days ago -
Financial Times - World
UK government borrows more than expected in August
Net debt hits 100% of GDP in blow to chancellor Rachel Reeves ahead of Budget2 days ago - United Kingdom -
Financial Times - World
Immigration and job creation
The labour market is softer than it appears2 days ago -
Financial Times - World
Lammy seeks emergency boost to aid cash to offset cost of migrant hotels
Foreign secretary fears domestic drain on development funding will hinder efforts to project UK on global stage2 days ago -
The New York Times - Business
Stocks Hit Record High a Day After Fed’s Big Interest Rate Cut
The S&P 500 rose 1.7 percent on Thursday, rallying a day after the Federal Reserve cut interest rates by half a percentage point.2 days ago -
The New York Times - Lifestyle
Uncrustables Painting by Noah Verrier Sells for $4,999
Noah Verrier’s oil painting of an Uncrustables sandwich sold for $4,999. It looks delicious.4 days ago