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Fed Says Inflation Progress Has Stalled and Extends Wait-and-See Rate Stance
Officials also approved a plan to slow the ongoing reduction of their $7.4 trillion asset portfolio.The Wall Street Journal - World - Federal Reserve -
Treasury yields end at lowest levels in at least a week after Fed’s Powell sees unlikely chance of a rate hike
Yields on U.S. government debt finished at their lowest levels in a week or more on Wednesday, after Federal Reserve Chair Jerome Powell delivered comments seen as more dovish comments than what was implied by the central bank’s own policy statement.MarketWatch - Business -
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Glencore Sees Strong Trading Performance
Glencore backed its full-year targets across its portfolio and said it expected earnings from its trading arm to be at the top end of its annual target range.The Wall Street Journal - Business -
More Americans see China as an 'enemy'
Americans are increasingly viewing China as an “enemy” of the U.S., according to a new survey. The survey, from the Pew Research Center, found 42 percent of Americans saying that they think China is an “enemy” to their country, up 4 points from ...The Hill - Politics - China -
Hamas and Fatah Officials, Longtime Rivals, Met in China
The Chinese government did not say when the talks between the main Palestinian factions were held. Expectations for progress were low.The New York Times - World - China -
The Fed is stuck, and so are stocks
Growth is still strong and inflation too highFinancial Times - World - Federal Reserve -
Qantas blunder lets customers view strangers' data
The airline has apologised after users of its app were mistakenly given access to personal details.BBC News - Top stories -
Watch: Russians flock to see captured Western tanks
The exhibition was on display in Moscow's Victory Park, it included British hardware given to Ukraine.BBC News - Top stories - Russia -
Federal Officials Find No Live Bird Flu Virus in Initial Milk Tests
The early results suggest that pasteurization is killing the H5N1 virus in milk, something that regulators were not certain of.The New York Times - Business -
New Orleans archdiocese is target of child sex-trafficking inquiry, officials say
Louisiana state police recently served sweeping and unprecedented search warrant . The Roman Catholic archdiocese of New Orleans is the target of an active child sex-trafficking investigation, according to a sweeping and unprecedented search ...The Guardian - World -
China Moving Forced Laborers Amid U.S. Crackdown, Biden Official Says
Coerced laborers are being moved out of Xinjiang as China makes efforts to frustrate supply-chain due diligence, a Labor Department official says.The Wall Street Journal - World - Joe Biden -
Federal Officials Find No Live Bird Flu Virus in Initial Milk Tests
The early results suggest that pasteurization is killing the H5N1 virus in milk, something that regulators were not certain of.The New York Times - Health -
Brown University Students and Officials Make Deal to Dismantle Encampment
Brown students took down their tents on campus after the university in Rhode Island agreed to discuss their demands for divestment from support for the Israeli military.The New York Times - Top stories -
Columbia Officials Said They Had ‘No Choice’ But to Call the Police to Clear Protest
Columbia’s president expressed regret about calling in the police to clear a previous protest. On Tuesday, she said she had “no choice” after protesters occupied a building on campus.The New York Times - Top stories -
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38 percent of local election officials report threats, harassment or abuse: Poll
Nearly 4 in 10 local election officials experienced threats, harassment or abuse while on the job, according to a new poll. In the survey, published Wednesday by the Brennan Center for Justice, 38 percent of local election workers reported ...The Hill - Politics -
It's official: Non-police first responders work and America needs more of them
Many of these programs have the full support of police, who are relieved to not have to act as social workers or counselors, which they aren’t trained to be.The Hill - Politics -
Trump's sit-downs with foreign officials are 'annoying' some in Biden's camp
As Trump rolled out the red carpet for a parade of foreign dignitaries in recent weeks, some Biden aides took notice — and umbrage — at what they saw as the former president playing pretender-in-chief.NBC News - Top stories - Joe Biden -
White House Correspondents’ Dinner Red Carpet Photos: See the Best Dressed
Scarlett Johansson, Colin Jost and Senator John Fetterman made their entrances at the annual journalism celebration in Washington.The New York Times - Lifestyle -
White House Correspondents’ Dinner Red Carpet Photos: See the Best Dressed
Scarlett Johansson, Colin Jost and Senator John Fetterman made their entrances at the annual journalism celebration in Washington.The New York Times - Lifestyle -
Southern Lebanon: BBC sees air strike destruction in deserted towns
Residents who fled from the border can only watch as their homes are turned into craters.BBC News - Top stories -
Kansas bill to lure Chiefs, Royals doesn't see vote
Some Kansas lawmakers see a chance to lure the Chiefs and Royals across the Missouri border, but an effort to help the teams finance new stadiums in the state fizzled over concerns about how it might look to taxpayers.ESPN - Sports -
Global inflation and interest rates tracker: see how your country compares
Inflationary pressures are beginning to wane but not all central banks have taken action yet. See how this affects youFinancial Times - Business -
It’s Not Just Gaza: Student Protesters See Links to a Global Struggle
In many students’ eyes, the war in Gaza is linked to other issues, such as policing, mistreatment of Indigenous people, racism and the impact of climate change.The New York Times - Top stories -
Mastercard sees healthy spending, expects strong dollar to impact revenue growth
Ticket sizes have been pretty stable, Mastercard’s CFO says.MarketWatch - Business -
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Metals Fall Ahead of Fed Policy Decision
Metal prices traded lower, with gold falling back below $2,300, as traders further temper expectations on the timing of U.S. interest-rate cuts this year.The Wall Street Journal - World - Federal Reserve -
Analysis: The Fed's No-Need-to-Cut Camp Is Feeling Emboldened
A third month of disappointing inflation data dashed the prospect of the Federal Reserve setting the stage today for a summer rate cut.The Wall Street Journal - World -
What to Watch for at Today’s Fed Meeting on Interest Rates
Policymakers are expected to leave borrowing costs unchanged, but investors are bracing for signals that rates will stay higher for longer.The New York Times - Top stories - Federal Reserve -
The Fed's Case for Rate Cuts Simply Does Not Exist
Every new data dump proves inflation isn't going anywhere fast.Inc. - Business -
What to Know About Today’s Fed Meeting on Interest Rates
The Federal Reserve left interest rates unchanged for the sixth straight meeting, and policymakers signaled concern that progress on inflation had stalled.The New York Times - Business - Federal Reserve -
Analysis: Fed's No-Need-to-Cut Camp Is Feeling Emboldened
A third month of disappointing inflation data dashed the prospect of the Federal Reserve setting the stage for a summer rate cut.The Wall Street Journal - World -
Fed Prepares Slower Pace of Runoff for Treasury Securities
Fed Prepares Slower Pace of Runoff for Treasury SecuritiesThe Wall Street Journal - World - Federal Reserve -
Parsing the Fed: How the May Statement Changed
Use this tool to compare the latest Federal Reserve policy statement with its immediate predecessor and see where policymakers have updated their language.The Wall Street Journal - World -
SPDR Gold Rises Following Fed Decision
Gold futures were up 0.8% in late trading, after settling up 0.4% — the fourth time out of the past five sessions they’ve risen.The Wall Street Journal - World - Federal Reserve -
Treasury Yields Fall Slightly After Fed Decision
The U.S. central bank confirmed expectations by holding interest rates unchanged.The Wall Street Journal - World - Federal Reserve -
Elon Musk Meets With China Official as U.S. Car Makers Tout EVs at Beijing Auto Show
While Tesla has a major base in Shanghai, it wasn't clear whether he was attending the trade show.Inc. - Business - China -
Pro-Palestinian protesters call on Olympic officials to limit Israel's participation in Paris Games
Pro-Palestinian protesters have called on Olympic officials to limit Israel’s participation at the Summer Games in the French capitalABC News - Sports - Israel