Clippers Powell Out A Little Bit Longer Says Lue
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Powell says conditions needed to cut rates likely to take longer to appear
Recent inflation data has not given greater confidence about declining inflation, Fed chair says.MarketWatch - Business -
Powell says US inflation ‘taking longer than expected’ to hit target
Comments from Federal Reserve chair came after global markets rocked by shifting interest rate expectationsFinancial Times - World -
Powell says rate cuts will take 'longer than expected' after 'lack of progress' on inflation
Federal Reserve Chair Jerome Powell said Tuesday that it will likely “take longer than expected” for the central bank to gain the confidence that inflation is sustainably falling to 2 percent and begin cutting interest rates. “More recent data ...The Hill - Politics -
MPs hit out at BBC for cutting local radio to fund regional online services
Report finds broadcaster failed to set out clear plan to deliver benefits of wider strategy to move spending out of LondonFinancial Times - World -
Israel calls for tightened sanctions on Iran as government debates response to attack
International pressure mounts on Jewish state to show restraintFinancial Times - World - Iran -
US to grow at double the rate of G7 peers this year, says IMF
Fund also upgrades inflation forecasts as strong demand and tight labour market delay possible Fed rate cutsFinancial Times - World -
Powell Suggests Interest Rates Could Stay High for a Longer Period
The Fed chair, along with the central bank’s No. 2 policymaker, stressed uncertainties over job growth and the persistence of elevated inflation.The New York Times - Business -
Israel says "very little damage" from Iranian missile and drone attack
Israel says 99% of the missiles and drones launched by Iran in an overnight assault were downed by its air defenses, with help from its allies.CBS News - Politics - Israel -
Don’t say ‘show a little leg’, Hannah Waddingham rebukes photographer
Footage shows Olivier awards host saying outside Royal Albert Hall: ‘Oh my God, you’d never say that to a man’. The actor Hannah Waddingham was cheered by onlookers after she reprimanded a photographer who appeared to ask her to “show leg” as she ...The Guardian - World -
Fed Chair Powell says there has been a 'lack of further progress' this year on inflation
Powell said that while inflation continues to make its way lower, the current state of policy should remain intact.CNBC - Business - Federal Reserve -
Fed's Powell Says Inflation All but Dooms Rate Cuts This Year
Robust job growth,higher stock prices, and home values all point to a solid economy despite high interest rates that everyone hates.Inc. - Business - Federal Reserve -
Rockets beat playoff-bound Clippers 116-105 to salvage a .500 season. Kawhi Leonard still out for LA
Cam Whitmore scored 21 points and the Houston Rockets beat the playoff-bound Los Angeles Clippers 116-105 to salvage aABC News - Sports - NBA -
Ruben Gallego says repealing Arizona's near-total abortion ban now would be too little, too late
PHOENIX — Democratic Rep. Ruben Gallego argued this week that a potential repeal of Arizona’s 1864 abortion law is not a viable long-term solution to secure abortion rights for the women of Arizona.NBC News - Politics - Abortion -
Jim Cramer says Wall Street is too cynical about Jerome Powell, Nvidia and Apple
CNBC's Jim Cramer on Thursday said Wall Street should be less jaded and trust market-moving leaders.CNBC - Business -
Fed Chair Powell says there has been a 'lack of further progress' this year on inflation
Federal Reserve Chair Jerome Powell said Tuesday that the U.S. economy, while otherwise strong, has not seen inflation come back to the central bank’s goal, pointing to the further unlikelihood that interest rate cuts are in the offing anytime soon.NBC News - Top stories - Federal Reserve -
A suspect in a deadly Sydney stabbing attack acted alone and there is no longer a threat, police say
A suspect in a deadly Sydney stabbing attack acted alone and there is no longer a threat, police sayABC News - World -
Fed Vice Chair Jefferson says interest rates could stay higher for longer if inflation persists
Federal Reserve efforts to reduce inflation hit snagMarketWatch - Business - Federal Reserve -
New 'Gen Z' Scrabble: 'It feels a bit like cheating'
A new, easier version of the traditional word game leaves us asking: What are board games for?BBC News - Top stories -
Inside the most unnerving scene in 'Civil War': 'It was a stunning bit of good luck'
With a deeply disturbing turn by Jesse Plemons, one scene in "Civil War" encapsulates the film's combustible political balancing act. It almost didn't happen.Los Angeles Times - Entertainment -
Trump says Arizona went too far with abortion law: 'That will be straightened out'
Former President Trump said Wednesday Arizona had gone too far after the state Supreme Court on Tuesday upheld an 1864 law that made performing abortion a felony. The former president, speaking to reporters after landing in Georgia for a ...The Hill - Politics - Donald Trump -
Trump says Arizona supreme court’s abortion ruling will be ‘straightened out’
Ex-president who boasts about Roe’s fall say matter is ‘about states’ rights’ but concedes revived 160-year-old ban goes too far. Insisting abortion rights should be left to state governments, Donald Trump nonetheless said the rightwing Arizona ...The Guardian - World - Donald Trump -
What are the cheapest ways to get out of debt? Here's what experts say
Struggling to tackle your high-interest debt? Experts recommend these six debt payoff strategies.CBS News - Top stories -
RFK Jr. says he has ruled out Libertarian run for president
Independent presidential candidate Robert F. Kennedy Jr. has ruled out a run as a Libertarian candidate to assist in his efforts to get on the ballots in all 50 states.ABC News - Top stories -
Hunt says Thames Water must ‘sort out’ its own issues
Chancellor says UK government will never insure investors against poor decisionsFinancial Times - Business -
Higher for even longer
Investors lose hope of rapid US interest rate cuts this yearFinancial Times - World -
The pound is no longer so vulnerable
There are signs that sterling is set to embark on an upward trend after several years in the doldrumsFinancial Times - World -
No Longer a Happy Country
The U.S. has fallen in the global rankings.The Wall Street Journal - World -
Powell sees 'lack of progress' on inflation
Welcome to The Hill's Business & Economy newsletter {beacon} View Online Business & Economy Business & Economy The Big Story Powell bemoans 'lack of progress' on inflation Federal Reserve Chair Jerome Powell warned Tuesday that the country ...The Hill - Politics - Inflation -
Why the Grand National is no longer a lottery
Willie Mullins is closing on the British trainers' title after the Irishman won the Grand National with I Am Maximus.BBC News - Top stories -
Why did all the Little Chefs disappear?
At its height, Little Chef had 439 restaurants across the UK but just two decades later they were all gone.BBC News - Top stories -
Slam done: Former Clippers star Griffin retires
Former Clippers No. 1 overall pick Blake Griffin announced his retirement from the NBA on Tuesday. Griffin won Rookie of the Year and the Slam Dunk Contest and was one of the faces of the Lob City era of the team.ESPN - Sports -
Janet Yellen says she won't rule out possible tariffs on China's green exports
Treasury Secretary Janet Yellen said Monday that she would not rule out any measures, including potential tariffs, on China’s green energy exports.NBC News - Top stories - China -
Millions facing starvation in Sudan nearly a year after civil war broke out, U.N. says
The U.N. Refugee Agency says millions of people are facing starvation in Sudan, where it's been nearly a year since civil war broke out. BBC news reporter Mohamed Osman joined CBS News to explain what's happening there.CBS News - Top stories -
Pilot fell out of aircraft and hit tail, causing deadly 2022 crash that killed 2, NTSB says
The pilot of an experimental aircraft fell out of the plane and struck the tail, causing a crash that killed him and his passenger in 2022 in Pennsylvania, federal authorities said.NBC News - Top stories -
Russia-Ukraine war live: Zelenskiy signs new mobilisation law in effort to boost Ukraine’s exhausted forces
Kyiv brings in higher payments for volunteers and new punishments for draft dodgers. We have more in from Agence France-Presse (AFP) on the German chancellor Olaf Scholz’s visit to Beijing to meet China’s president, Xi Jinping (see earlier post at ...The Guardian - World - Ukraine -
St. Louis mom charged after police say she had 8-year-old drive while she was passed out
A St. Louis woman who officials say made her 8-year-old son drive, with her toddler in the backseat, while she was passed out has been charged with child endangerment.NBC News - Top stories -
University of Idaho murder suspect says cellphone data proves he was out driving at the time of the slayings
The legal team of the suspect accused of killing four University of Idaho students in 2022 has said that cellphone tower data proves he was out driving late at night and miles away when they were killed.NBC News - Top stories -
Edgar Wright Rebooting The Running Man With Glen Powell
Glen Powell (Top Gun: Maverick) is set to star in Paramount's upcoming action film, The Running Man. According to The Hollywood Reporter, Powell will take on the lead role in the adaptation of Stephen King's novel, directed by Edgar Wright (Shaun ...GameSpot - Tech -
Fed Chair Jerome Powell Dials Back Expectations on Interest-Rate Cuts
Federal Reserve Chair Jerome Powell said firm inflation had introduced new uncertainty over whether the central bank would be able to lower rates this year.The Wall Street Journal - World - Federal Reserve -
Dollar Slightly Higher After Powell Comments
The dollar was slightly higher after Fed Chair Jerome Powell kept a hawkish tone.The Wall Street Journal - World