July Inflation Report
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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. -
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 -
ABC News - Entertainment
Multiple injuries reported after July 4 fireworks malfunction in Utah stadium: Report
Authorities say malfunctioning fireworks veered into the stands at a crowded Utah football stadium and struck members of the audience -
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 ... -
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. -
The Wall Street Journal - World
The Morning Risk Report
New York pension fund to vote against Best Buy chairman in dispute over LGBTQ support, and Microsoft to pay $14.4 million to resolve leave discrimination claims in California. Plus, the EU confirms tariffs on Chinese-made EVs. -
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 -
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 -
The New York Times - Business
U.S. Job Growth Extends Streak, but Signs of Concern Emerge
A gain of 206,000 in June exceeded forecasts. Hiring was concentrated in a few parts of the economy, however, and unemployment rose to 4.1 percent. -
MarketWatch - Business
Is the stock market open on July 4 (and July 5)?
Expect plenty of closures on Independence Day, but some stores will be open. -
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 Hill - Politics
Morning Report — Democrats fear loss with Biden as nominee
The Democratic Party has a massive problem this morning. A House Democrat from Texas Tuesday became the first in his party to publicly urge President Biden to step down as the nominee to allow another Democrat to run against former President ...Joe Biden -
ESPN - Sports
Brewers get Civale from Rays to bolster rotation
The Milwaukee Brewers acquired right-hander Aaron Civale from the Tampa Bay Rays on Wednesday, adding the veteran to a thin starting rotation in hopes of holding onto first place in the National League Central. -
The Hill - Politics
Evening Report — Can Biden stop the bleeding?
A second House Dem is urging Biden to step aside {beacon} Evening Report Wednesday, July 3 © AP Photo/Evan Vucci Biden tries to rally the troops as Dem panic consumes Washington President Biden began widespread outreach to Democrats on ...Joe Biden -
CBS News - Top stories
7/3: The Daily Report with John Dickerson
John Dickerson reports on the status of the Biden campaign amid calls for the former president to step aside, the takeaways from a meeting between Russian President Putin and Chinese President Xi, and a look at the holiday weekend travel rush. -
The Guardian - World
US reports fourth case of bird flu in humans
Colorado dairy worker recovers as officials work toward vaccines and offer farmers financial aid. The US announced its fourth human case of bird flu, in a Colorado dairy worker, on Wednesday, as officials work to expand the availability of ... -
ESPN - Sports
Source: Dak out of walking boot for minor sprain
Dallas Cowboys quarterback Dak Prescott recently suffered a minor right foot sprain that temporarily required a walking boot, a source told ESPN's Todd Archer. -
CBS News - Top stories
What to look for in the U.S. government's June jobs report
Forecasters expect job numbers on Friday to show slower hiring in June, clearing the way for the Fed to cut interest rates later this year. -
CBS News - Top stories
CBS Reports | America Unfiltered: The Voices Behind the Polls
You've seen the CBS News polls that tell you what voters think about big ideas like democracy and the American Dream. Now CBS Reports takes you behind the polls for unfiltered conversations about how their personal stories shaped their views. -
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BBC News - Top stories
Hungary's Russia-friendly PM meets Putin in Moscow
Viktor Orban's self-styled "peace mission" was heavily criticised by EU leaders and by Ukraine.Russia -
The Hill - Politics
Morning Report — Can Biden stay in the race?
Still reeling from a disastrous presidential debate performance, President Biden will be spending the coming week trying to prove to voters — and fellow Democrats — that he’s the right person for the presidential ticket in November. Biden and his ...Joe Biden -
Inc. - Business
June Jobs Report: What to Know and Why it Matters
The Fed is closely monitoring changes in the labor market as it weighs interest rate cuts. -
CBS News - Top stories
Labor secretary on June jobs report, Biden's health
The U.S. economy added 206,000 jobs in June, according to data released by the Bureau of Labor Statistics. Acting Labor Secretary Julie Su joined CBS News to discuss the June jobs report as well as the ongoing questions about President Biden's ...Joe Biden -
The Hill - Politics
12:30 Report — Biden's make-or-break moment
Plus: Political earthquake in UK {beacon} 12:30 REPORT Hope you all had a wonderful Fourth of July! I’m catching some rays from the “free state of Florida” this weekend. I’ve had so much fun authoring the newsletter this week. You can find me over ...Joe Biden -
The Hill - Politics
Evening Report — Wounded Biden enters vital stretch
{beacon} Evening Report Friday, July 5 © Greg Nash Biden's wounded campaign pushes on amid calls to drop out President Biden’s wounded campaign enters a vital stretch this weekend as Democratic panic over the 2024 election hits new heights. ...Joe Biden -
Los Angeles Times - Entertainment
The week's bestselling books, July 1
The Southern California Independent Bookstore Bestsellers list for Sunday, July 1, 2024, including hardcover and paperback fiction and nonfiction. -
CBS News - Top stories
This week on "Sunday Morning" (July 7)
A look at the features for this week's broadcast of the 2023 News & Documentary Emmy-winner for Outstanding Recorded News Program, hosted by Jane Pauley. -
The Hill - Politics
Fourth of July costs rocket higher
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Fourth of July cookout costs hit record high New research finds that average Fourth of July cookout costs are expected to soar to ...