Feds Powell Us Data Could Weaken Dollar
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The Wall Street Journal - World
Sterling Seen Having Muted Reaction to U.K. Election
Sterling rose against a weaker dollar but was flat against the euro as voting begins in the U.K. election, with Commerzbank saying a likely comfortable win for the opposition Labour Party will see a muted reaction from the pound.United Kingdom -
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 -
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 -
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: Polls suggest Labour landslide as Britain votes
Also in today’s newsletter, EU tariffs on China EVs kick in and how retail politics revived France’s far right -
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 -
The Wall Street Journal - World
The WSJ Dollar Index Falls 0.2% to 100.25
The WSJ Dollar Index was down 0.2% to 100.25 — down for two consecutive trading days. -
The New York Times - World
Israel’s Repeated Evacuation Orders Take Toll on Already Weakened Gazans
The latest order, which the United Nations estimated affects about 250,000 people, was the largest since October, the U.N. said.Israel -
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. -
MarketWatch - Business
Businesses show biggest contraction since pandemic, ISM finds. The economy may be weakening.
Service-oriented companies such as hotels, banks and retailers that dominate the economy contracted in June for the second time in three months in another sign growth in the U.S. is slowing. -
The Wall Street Journal - World
Only the Fed Can Rekindle America's Love for Cars
New-vehicle sales are stuck in middle gear as high interest rates and high prices push less affluent consumers into the secondhand market.Federal Reserve -
The Wall Street Journal - World
Fed Officials Signaled No Hurry to Cut Rates
The minutes of their last meeting suggested some are on alert for signs of labor-market deteriorationFederal Reserve -
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 -
The Wall Street Journal - World
U.S. Natural Gas Futures Settle Lower
U.S. natural gas futures settled lower in light up-and-down trade. -
Financial Times - Business
The BlackRock private data deal that minted a UK billionaire
Sale of Preqin for £2.5bn has catapulted founder Mark O’Hare into ranks of Britain’s wealthiest peopleUnited Kingdom -
Yahoo News - World
‘Extremotolerant’ Moss Could Grow on Mars
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The Hill - Politics
Fed confident in 'restrictive' rate level while sounding notes of caution
Minutes from the Federal Reserve’s June meeting revealed confidence among central bankers that elevated interest rates were having the desired effect of cooling the economy toward a soft landing and 2-percent annual inflation. “The vast majority ...Federal Reserve -
CNBC - Business
10-year Treasury yield tumbles after weak economic data
The benchmark 10-year yield, used to price everything from mortgages to credit cards, slipped for another session. -
The New York Times - Top stories
New Jersey Is One of America’s Fastest-Warming States, Data Shows
Global warming is hitting the entire Northeast particularly hard, according to figures provided by Climate Central, a nonprofit group. -
NBC News - Top stories
Britain's election could be historic. Here's what to know.
LONDON — Millions of Brits go to the polls Thursday, in an election likely to oust the Conservative Party that has dominated postwar politics and ruled the United Kingdom for the past 14 years. -
ABC News - Health
Abortion measures could be on Arizona and Nebraska ballots after organizers submit signatures
Arizona and Nebraska organizers have turned in enough signatures to get abortion-related questions before their states' voters in NovemberAbortion -
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
Annovis Bio’s stock rockets 76% after reporting positive data in Parkinson’s disease trial
The stock is on track for its best performance since May 21, 2021, when it gained 127%. -
CNBC - Business
Oil prices hold firm as large draw on U.S. crude, gasoline inventories signal uptick in demand
Gasoline prices are averaging $3.51 per gallon ahead of the Fourth of July holiday, up about 2 cents from last week. -
MarketWatch - Business
Nvidia client Northern Data’s stock cools after spike on report of possible U.S. IPO
Shares of Germany’s Northern Data fell 8% on Wednesday, one day after a surge on a report it may list its cloud computing and data center business in the U.S. -
MarketWatch - Business
2-year Treasury yield ends at almost three-week low after ISM data offers signs of waning U.S. growth
Treasury yields finished lower on Wednesday for a second straight session after the Institute for Supply Management’s index of services businesses produced its lowest reading since the height of the pandemic in May 2020. -
The Wall Street Journal - World
A Guilty Plea Could Be Boeing's Best Option to Resolve 737 MAX Troubles
The plane maker’s admission of wrongdoing threatens to serve as “the equivalent of a taped confession.” -
Yahoo Sports - Sports
If Red Sox are sellers at trade deadline, these players could be moved
The Red Sox remain in the playoff hunt with less than a month until the trade deadline. But if their approach is similar to recent years, here are five players who could be on the move before July 30 at 6 p.m. ET.MLB -
CNBC - Business
This 'bucket strategy' could lower your taxes in retirement — here's how to maximize it
Most Americans aren't planning to reduce taxes on retirement income. Here's how the "bucket strategy" could help, experts say. -
BBC News - Top stories
Water firms could be sued over sewage after ruling
Owners of adjacent waterways or even members of the public could now bring action over sewage pollution. -
The Hill - Politics
Your diet at 40 could impact your quality of life at 70: Study
Story at a glance (NewsNation) — A new study suggests that what you eat in your 40s may lead to better physical and cognitive health in your 70s. Researchers at Harvard examined 30 years of data on over 106,000 people, including 70,467 women and ... -
The Hill - Politics
Vermont Democrat warns Biden could take other Democrats down with him
Vermont Sen. Peter Welch (D) warned Wednesday that President Biden could take other Democrats down with him if he loses badly in November, and said he doesn’t know anymore if Biden would be a stronger candidate than Vice President Harris. “So if ...Joe Biden -
The Hill - Politics
Abortion measures could be on the ballot in Arizona, Nebraska after organizers submit signatures
A measure guaranteeing abortion rights in Arizona could be on the ballot in November after supporters said Wednesday they submitted more than double the number of signatures required for a ballot initiative. Meanwhile in Nebraska, two competing ...Abortion -
CBS News - Top stories
What the Democratic convention could look like if Biden drops out
As a growing number of voters, politicians and donors express concerns over President Biden's debate performance ahead of the 2024 election, CBS News' Lana Zak looks at what would happen at the Democratic National Convention if Mr. Biden drops out ...Joe Biden -
Inc. - Business
These Futuristic New Batteries Could Help Prevent Lithium-ion Fires
Proponents of solid-state batteries say the devices pack more power and might be safer than lithium-ion batteries, but there's reason for caution. -
NBC News - Top stories
Britain goes to the polls for an election that could end 14 years of Conservative rule
Britain goes to the polls for an election that could end 14 years of Conservative rule -
GameSpot - Tech
How To Use Bait In Stardew Valley
Early into Stardew Valley, Willy will give you a fishing pole, which unlocks fishing. Fishing is a big part of Stardew Valley and a great way to make money early on in the game, but there are a few mechanics you won't be able to use right away. ... -
The Wall Street Journal - World
How Science Is Helping Us Understand Human Sacrifice
New methods, such as DNA sequencing, help researchers probe this once-widespread behavior. -
CBS News - Top stories
Alec Baldwin's "Rust" denied New Mexico tax incentives
Attorneys for Alec Baldwin's "Rust" said the incentive would have been used to pay a settlement to cinematographer Halyna Hutchins' family. -
CBS News - Top stories
Sierra Leone outlaws child marriage. Even witnesses can face jail time.
The law, which criminalizes marrying any girl who is under 18 years old, is being celebrated widely.