Inflation Edges
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Financial Times - World
Questions in the wake of the global inflation hit
There is still too much we do not know about what happened and why -
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 -
CBS News - Top stories
Voters sound off on inflation ahead of 2024 election
Many Americans say for the last couple of years, their finances either haven't changed or have gotten worse, according to CBS News polling. CBS News executive director of elections and surveys Anthony Salvanto spoke with George Fleur, a landscaper ... -
The Wall Street Journal - World
Metal Prices Mixed; Gold Slips Slightly But Base Metals Rise
Base metals prices were higher while gold futures ticked lower but broadly holding ground, supported by rising jobless claims, which weighed on investor belief in a still-hot U.S. labor market, SP Angel said. -
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 -
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 -
The Wall Street Journal - World
Dollar Could Fall if Rate Cut Bets Rise
The dollar looks set to fall heading into next year as recent softer U.S. economic data could bolster market expectations for interest rate cuts by the Federal Reserve, MUFG Bank said. -
The Hill - Politics
Will the Fed hit its inflation target by 2025? Don’t bet on it.
Treasury Secretary Janet Yellen expressed optimism that the Federal Reserve Board's 2 percent inflation target might be achieved by 2025, but other forecast groups show a less optimistic outlook, with inflation expected to remain above 2 percent ...Federal Reserve -
The Wall Street Journal - World
Pro Take: Inflation Stirs in Latin America After Months of Declines
Robust job markets and weaker currencies could start making the job of containing inflation tougher for the region’s central banks. -
The Wall Street Journal - World
Week Ahead for FX, Bonds: U.S. Inflation, French Elections in Focus
Investors will monitor whether U.S. prices are easing enough to prompt the Federal Reserve to start cutting rates. In Europe, the aftermath of elections in France and the U.K. will be watched. -
CNBC - Business
Ford sales edge 1% higher in the second quarter, led by trucks
Ford truck sales of 308,920 vehicles marked the company's best second-quarter performance for the vehicle category since 2019. -
The Guardian - World
England edge out New Zealand to complete ODI series whitewash
England, 212-5, beat New Zealand, 211-8, by five wicketsLauren Bell takes five scalps as England seal 3-0 winLauren Bell took her first five-wicket haul in any form of senior cricket as England wrapped up a narrow one-day international whitewash ...New Zealand -
VentureBeat - Tech
Gen AI’s impact on healthcare: Cutting-edge applications (and their challenges)
Generative AI is set to revolutionize healthcare. But it is fraught with many challenges, too. Experts discuss how we can bridge this gap. -
The Guardian - World
Tour de France: Cavendish isolated as Groenewegen edges to stage six win
Mark Cavendish blocked out in final stages of sprintCrash takes down several EF Education EasyPost ridersThe euphoria of Mark Cavendish’s record-breaking stage win on Wednesday’s fifth of the Tour de France proved short-lived, as 24 hours later ... -
The Wall Street Journal - World
Saudi's Oil Price Cut to Asia Was Less Significant Than Predicted, DNB Says
Saudi Arabia’s price cut for its flagship Arab Light crude it sells to Asian customers was less significant than expected, according to DNB Markets. -
Financial Times - World
US sees ‘significant opening’ for Israel-Hamas hostage deal
Administration official hails ‘breakthrough’ after Joe Biden and Benjamin Netanyahu spoke on ThursdayIsrael -
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 -
Financial Times - World
Historic UK election hauls reveal bigger voter trends
We are now in an era of increased volatility where party dominance is never guaranteedUnited Kingdom -
Financial Times - World
Orbán meets Putin despite EU outcry
Hungarian PM says positions of Moscow and Kyiv remain ‘very far from one another’European Union -
Financial Times - Business
Huge majority is double-edged sword for Labour government, say allies
As the party cries ‘happy tears’, it prepares to face the dangers of ruling with a big mandate -
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 -
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 -
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. -
MarketWatch - Business
Why stocks will be the best bet for your money if the Fed can’t get inflation down
Investing for retirement, college and other longer-term goals should favor stocks over bonds.Federal Reserve -
MarketWatch - Business
Forget about your retirement portfolio beating inflation over the next 10 years
Expect stocks to produce a negative-1.9% post-inflation return between now and 2034. -
CBS News - Top stories
Poll: Trump gets edge over Biden nationally, across battlegrounds after debate
Following debate, age factors in, and race shifts in Trump's direction after the first 2024 presidential debate.Joe Biden -
CBS News - Top stories
Trump gets edge over Biden nationally after first 2024 presidential debate, CBS News poll shows
A CBS News poll released Wednesday shows former President Donald Trump slightly leading President Biden nationwide following the first 2024 presidential debate. The previous poll had Mr. Biden leading slightly. Now, Trump has a 3-point edge over ...Joe Biden -
NBC News - Top stories
Trump’s pledge to reinstate ‘stop and frisk’ puts some of the Black voters he’s courting on edge
Trump says he wants Black men’s vote but also wants to bring back stop and frisk, which has proven to criminalize mostly innocent Black men. -
ABC News - Sports
Profar hits tying HR, Machado belts walk-off 2-run shot, Padres edge Diamondbacks 10-8
All-Star Jurickson Profar hit a tying home run leading off the ninth and Manny Machado walked it off with a two-run shot as the San Diego Padres took a wild 10-8 win over the Arizona DiamondbacksMLB -
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: Democratic governors back Biden
Also in today’s newsletter, a $2.65bn luxury department store deal and Goldman lobbies to change Fed’s stress test resultJoe Biden -
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 -
MarketWatch - Business
My spouse and I are 60 and receive $145,000 a year in pensions. Do we need to worry about inflation killing our retirement plans?
“Our annual expenses are $105,000 and that includes travel, entertainment and maintenance.” -
The Wall Street Journal - World
Reformist candidate Masoud Pezeshkian goes into Iran's presidential-election runoff with a slight edge against conservative Saeed Jalili as they vie to succeed the late Ebrahim Raisi.
Reformist candidate Masoud Pezeshkian goes into Iran’s presidential-election runoff with a slight edge against conservative Saeed Jalili as they vie to succeed the late Ebrahim Raisi. -
The Wall Street Journal - World
The Nasdaq and S&P 500 gained 0.9% and 0.5% Friday to close out the week at fresh highs while the Dow edged higher after the jobs report shored up hopes that the Fed will cut rates.
The Nasdaq and S&P 500 gained 0.9% and 0.5% Friday to close out the week at fresh highs while the Dow edged higher after the jobs report shored up hopes that the Fed will cut rates.