The Fed Can T Fix Inflation Alone Here S Why
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Tesla Cybertruck recall: How owners can fix the potential safety problem
Tesla is recalling 3,878 model year 2024 Cybertrucks to fix a safety problem with the accelerator pedal pad.MarketWatch - Business - Tesla -
A Century-Old Lending Lifeline for Troubled Banks Has a Major Flaw. The Fed Wants to Fix It.
Borrowing from the discount window carries a stigma officials hope to reduce.The Wall Street Journal - World -
Nvidia drops 10% as investors see risk in Big Tech shares
US stock markets suffer their worst run since October 2022 as investors pull back from AI betsFinancial Times - Business -
Why the Fed Should Declare Victory and Cut Interest Rates
Small-business owners are being punished by the central bank's data obsession. It needs to focus less on CPI numbers and more on boosting the economy.Inc. - Business - Federal Reserve -
Here’s why Trump will reject a flat tax
A flat tax rate is one of those ideas that sounds great until you think about it.MarketWatch - Business - Donald Trump -
Fed’s Goolsbee says progress on inflation has stalled, makes sense to wait on interest rates
Chicago Fed president “hopeful” we will get improvement on inflation.MarketWatch - Business - Federal Reserve -
Here’s what Biden can actually do to ensure gas prices are ‘affordable’
Gasoline prices are on the rise this election year, and President Joe Biden’s team wants to make sure they’re “affordable” for Americans — but can the White House actually do that?MarketWatch - Business - Joe Biden -
Home sales are down. Here's why buyers should act now.
A drop in home sales could prove to be an opportunity for some buyers. Here's why.CBS News - Top stories -
Why Luka Doncic is at risk of becoming James Harden 2.0 and how Mavericks superstar can set himself apart
Doncic and the Mavericks face Harden and the Clippers in the first round of the 2024 NBA playoffsCBS Sports - Sports -
Not a toddler, not a parent, but still love 'Bluey'? You're not alone
Viewers don't have to be young or a parent to appreciate the Australian kids' television program “Bluey,” as this week’s release of a special episode provedABC News - Entertainment -
Most retirees don't delay Social Security benefits, research finds. Here's why experts say it pays to wait
A majority of new retirees claim Social Security retirement benefits before age 65, new research finds. Here's why experts say it's better to wait.CNBC - Business -
Here's why it could be better to buy Series I bonds before May, experts say
Series I bonds could fall below 5% in May. Here's the best time for long-term investors to buy.CNBC - Business -
A contrarian take on the US inflation freakout
Not as bad as it looks — better for the Fed to keep calm, and carry on?Financial Times - World -
Here’s the latest.
Twelve jurors have already been chosen. Jury selection could wrap up on Friday as the lawyers seek to add five alternates — substitutes in case any of the first dozen must leave — to the panel.The New York Times - Top stories -
BOC's Macklem Says Inflation Edges 'Closer to Normal'
Bank of Canada Gov. Tiff Macklem says inflation is getting “closer to normal” and officials will monitor incoming data to check whether the downward momentum can be maintained.The Wall Street Journal - World -
Regime change is here
In the US economy, and at UnhedgedFinancial Times - World -
Children Need Neighborhoods Where They Can Walk and Bike
We’ve lost the art of creating local infrastructure that allows young people to explore, play and lead healthier lives.The Wall Street Journal - World -
Can AI help solve Japan’s labour shortages?
Yahoo News - World - Japan -
Can AI help solve Japan’s labour shortages?
Japan is seeing if artificial intelligence can tackle its increasing shortfall of workers.BBC News - Top stories - Japan -
Comex Gold, Silver Settle Higher
Gold settled up 0.7% at a new record high Friday, and silver rose 1.7%, up 15 of the past 17 sessions. Both metals posted a gain for the week.The Wall Street Journal - World -
Japan’s inflation marks two years above BOJ’s target as meeting looms
Japan’s consumer inflation has stayed above the Bank of Japan’s 2% target for two years, government data confirmed Friday, amid speculation over further interest-rate increases.MarketWatch - Business - Japan -
Fed’s Goolsbee says ‘more sniffing’ may be needed before rate cuts
Federal Reserve Bank of Chicago president Austan Goolsbee on Friday said "more sniffing" is needed before the Fed can cut interest rates. Here's what to know.CNBC - Business -
Fed's Global Detractors Grumble as Central Bankers Debate Rate Cuts
Fed president say arate cutmight happen this September, or maybe not. At the IMF meeting, other finance chiefs tryto keep up with the shifting sands of U.S. monetary policy.Inc. - Business - Federal Reserve -
Inflation, Interest Rates and Oil Prices Have Jolted the Markets
Euphoria has been replaced by a much more somber mood, changing the value calculations in a host of markets, our columnist says.The New York Times - Business -
S&P Cuts Israel's Credit Ratings on Geopolitical Concerns
S&P Global Ratings lowered its long-term foreign and local currency sovereign credit ratings on Israel to A-plus from AA-minus, citing geopolitical risks.The Wall Street Journal - World - Israel -
S&P Cuts Israel Rating on Heightened Geopolitical Risk
Yahoo News - World - Israel -
China's fiscal stimulus is losing its effectiveness, S&P says
China's fiscal stimulus is losing its effectiveness and is more of a strategy to buy time for industrial and consumption policies, S&P Global Ratings said.CNBC - Business - China -
Israel downgraded by S&P Global just ahead of retaliatory attack on Iran
S&P dropped Israel’s sovereign credit rating by one notch to A+ from AA-, with the outlook negative, hours before signs of fresh tensions between that country and Iran.MarketWatch - Business - Iran -
R.F.K. Jr.’s Environmental Colleagues Urge Him to Drop Presidential Bid
Nearly 50 leaders and activists who worked with Mr. Kennedy at an environmental nonprofit group will run ads calling on him to “Honor our planet, drop out.”The New York Times - Top stories -
Murphy fires back at Trump Jr. on Mayorkas vote: 'Republicans are full of s‑‑‑'
Sen. Chris Murphy (D-Conn.) fired back at Donald Trump Jr. on Friday for calling out three Senate Democrats who voted to end the impeachment case against Homeland Security Secretary Alejandro Mayorkas. “Your Friday morning reminder that ...The Hill - Politics - Donald Trump -
Here Come the Anti-Woke AIs
With Meta releasing its latest open-source AI, new models that lack guardrails stand to become more powerful than everThe Wall Street Journal - Tech -
Why are American roads so dangerous?
Bad driving is probably playing a bigger role in the fatality rate than larger cars and longer journeysFinancial Times - World -
Why Jordan came to Israel’s rescue
On its face, Jordan’s high-risk decision to support Israel in repelling the hundreds of aerial vehicles that Iran fired at the Jewish State appears inconsistent with its vocal criticism of the Israeli invasion of Gaza. Amman’s long-time support of ...The Hill - Politics - Israel -
Why are fake plants suddenly everywhere?
At some point, perhaps when people started wanting Instagram backgrounds, we decided real plants were too demandingFinancial Times - Business -
Can TikTok's owner afford to lose its killer app?
Sell or be banned - TikTok's US operations, by some estimates, could fetch up to $100bn.BBC News - Top stories -
Can you afford to take your children on days out?
Parents and a play centre owner say they are feeling the squeeze when it comes to costs.BBC News - Top stories -
Undergarments for the Ultrawealthy
Cadolle, a maker of corsets favored by designers like John Galliano and labels like Dior, is known for custom underpinnings that can cost thousands of dollars.The New York Times - Lifestyle -
Online Dating After 50 Can Be Miserable. But It’s Also Liberating.
You know so much more about yourself and your desires when you’re older that dating apps — even with all their frustrations — can bring unanticipated pleasure.The New York Times - Lifestyle -
Can a Brewery Make Good Wine? These Beer Makers Say Yes.
In an effort to reach an increasingly diverse customer base, brewers are turning over some of their equipment to producing wine.The New York Times - Business -
Unruly Gut Fungi Can Make Your Covid Worse
An infection can upset your microbiome, and if certain gut fungi run riot, this can kick the immune system into overdrive.Wired - Tech - Covid