Massive Cost Cutting Measures Kick
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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. -
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. -
Financial Times - Business
ECB minutes reveal doubts over rate cut
Move to lower borrowing costs concerned many policymakers as inflation and wages moved in opposite direction -
CNBC - Business
Social Security cost-of-living adjustment may be lower in 2025. These charts help show why
Even though inflation has subsided, many retirees are still feeling the pinch of high prices. Data shows the Social Security COLA may be lower in 2025. -
The Wall Street Journal - World
Auto Industry Warns of Supply-Chain Upsets, Higher Costs From Cybersecurity Rules
The Commerce Department is investigating how to limit cyber risks in connected cars made with parts from China and other adversaries. -
CNBC - Business
Romance scams cost consumers $1.14 billion last year. It's a 'more insidious' fraud, expert says
Cyber criminals are tapping into wealth accounts through human connection. Here's how to spot it and cut ties as soon as you can. -
MarketWatch - Business
Mother of six whose $444 Trader Joe’s receipt went viral still considers the store ‘super cheap’
A video showing a California mom’s $444.38 grocery bill has been viewed more than 17 million times. And she told MarketWatch she’s actually OK with the total tab. -
The Guardian - World
‘Buy your back brace now’: The Bear sidesteps the grueling physical costs of restaurant work
The hit show shows how kitchens are pressure cookers of stress, but not how professional cooking ravages the body. The opening scene of the popular F/X drama The Bear’s latest season opens with troubled chef Carmen “Carmy” Berzatto gazing at a ... -
CNBC - Business
The average wedding costs well over $30,000. Some couples are having 'micro weddings' instead
The average cost of weddings in the U.S. hovers at $35,000. Having a small wedding can help significantly reduce the cost. -
ABC News - Sports
German police investigate video that appears to show Euro 2024 security punching and kicking a fan
Police in the German city of Frankfurt are investigating a video that appears to show a fan being punched and kicked while being detained by a group of Euro 2024 security personnelGermany -
CBS Sports - Sports
Does the Copa America knockout stage have extra time after a draw? When do penalty kicks start?
Unlike most major tournaments penalties will come right after 90 minutes of play, except for in the final -
CNBC - Business
Polls set to close in landmark UK election as center-left Labour seeks return to power after 14 years
Polls are open from 7am to 10pm as the country elects a new parliament.United Kingdom -
ABC News - Sports
Argentina reaches Copa America semifinals, beating Ecuador 4-2 on penalty kicks after 1-1 draw
Defending champion Argentina advanced to the Copa America semifinals, beating Ecuador 4-2 on penalty kicks following a 1-1 draw after conceding a tying goal in second-half injury time -
ABC News - Sports
Canada beats Venezuela in extra round of penalty kicks, reaches semifinals in 1st Copa America
Ismael Koné scored in the sixth round of the shootout after a third save by Maxime Crépeau and Canada advanced to the semifinals of its first Copa America with a victory over Venezuela -
Yahoo Sports - Sports
Emiliano Martínez saves Argentina after Lionel Messi misses penalty kick in Copa América shootout
Lionel Messi missed his penalty, but goalkeeper Emi "Dibu" Martínez saved two penalties to send Argentina to the semifinals and eliminate Ecuador. -
The Wall Street Journal - World
Gold Futures Near Two-week Highs on Hopes for US Rate Cuts
Gold futures rose, nearing a two-week high, amid growing investor optimism for a U.S. interest rate cut. -
ESPN - Sports
Hendrick cuts sponsor after Hooters can't pay bills
Hendrick Motorsports has dropped longtime sponsor Hooters, saying the restaurant chain could not pay its bills amid reports that it closed more than 40 locations. -
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 New York Times - World
As Beryl Moves On, Ravaged Islands Assess the Devastation
The hurricane caused destruction across the Caribbean, but some were relieved that it hadn’t been worse. -
MarketWatch - Business
Saudi Arabia cuts Asia oil prices for second straight month
Looking at other importing regions, the oil producer instead increased its August prices for all grades for customers in northwest Europe and the Mediterranean. -
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. -
The New York Times - Business
Investors Bet on Rate Cuts as Recent Data Suggests Slowdown
Markets are expecting the Federal Reserve to make roughly two reductions of a quarter-point each this year. -
CBS News - Top stories
Hiring in the U.S. slowed in June, raising hopes for interest rate cuts
Employers added 206,000 jobs last month and the unemployment rate edged higher to 4.1%. -
The Wall Street Journal - World
Nasdaq Rises After Jobs Report Keeps Rate Cuts in Play
The S&P 500 and Nasdaq Composite were poised to hit fresh closing peaks, after reaching new records ahead of the Fourth of July holiday. The Dow industrials were roughly flat. -
The New York Times - Business
What June Jobs Report Could Mean for Interest Rates
As unemployment ticks up and wage growth cools, Federal Reserve officials are watching for signs that the job market is about to crack. -
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. -
Inc. - Business
A Defense Industry Entrepreneur Who Took a Pay Cut to Hire Top Talent
This founder runs a $25 million business and makes saving money--and living below his means--a priority. -
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. -
CBS News - Top stories
June jobs report signal possible interest rate cut later this year
The U.S. added 206,000 jobs in June and the unemployment rate rose to 4.1%, according to new data from the Labor Department's Bureau of Labor Statistics. CBS News senior business and technology correspondent Jo Ling Kent breaks down the numbers ... -
The Wall Street Journal - World
Case for September Rate Cut Builds After Slower Jobs Data
The U.S. economy added a solid 206,000 jobs last month. But the unemployment rate ticked up to 4.1%, a sign of slack in what has been a strong labor market. -
BBC News - Top stories
'We've learnt to do surgery without electricity': Ukraine's power cuts worsen
Russia is pummelling Ukraine's energy grid, forcing Ukrainians to live and work by torch light.Ukraine -
BBC News - Top stories
Why Starmer hired key-cutting boss as prisons minister
James Timpson has made a name for himself hiring hundreds of former prisoners. -
The Wall Street Journal - World
New-car prices in the U.S. are on track to drop this year for the first time in more than a decade, but many buyers are stretched as higher interest rates increase financing costs.
New-car prices in the U.S. are on track to drop this year for the first time in more than a decade, but many buyers are stretched as higher interest rates increase financing costs. -
ABC News - World
New Dutch leader pledges to cut immigration; opposition vows to root out racists
Dutch Prime Minister Dick Schoof is pledging to work hard at cutting immigration, one of his new goverment’s main aimsNetherlands -
CBS Sports - Sports
Ranking top 25 players in NFL history: One current player makes the cut on list of all-time greats
These 25 players stand out from the restNFL -
NBC News - Top stories
Black farmers' association calls for Tractor Supply CEO's resignation after company cuts DEI efforts
The Black Farmers Association called for Tractor Supply CEO's resignation after the rural retailer announced that it would cut DEI and climate advocacy. -
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Inc. - Business
Black Farmers' Group Calls for Tractor Supply CEO's Resignation After Company Cuts DEI Efforts
The 130,000-member group repeatedly sought discussions with the rural retailer's chief, Hal Lawton, over its response to conservative activists' criticism. -
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