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Oil Edges Higher on U.S. Rate Cut Hopes, Geopolitical Jitters
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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. -
The Wall Street Journal - World
U.S. Stocks Trade Mostly Higher
Stock indexes were mixed in the shortened trading session, with the Nasdaq Composite and S&P 500 both on pace to hit fresh records. The Dow industrials slipped. -
CNBC - Business
Ford sales edge 1% higher in the second quarter, led by trucks
Ford truck sales of 308,920 vehicles marked the company's best second-quarter performance for the vehicle category since 2019. -
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 -
MarketWatch - Business
Oil prices end higher on light trading volume as supply drops more than expected
Oil prices settled higher Wednesday, on light trading volume ahead of the Independence Day holiday, after official U.S. data revealed a drop of more than 12 million barrels in crude inventories and a weekly rise in implied gasoline demand. -
The Wall Street Journal - World
U.S. Crude Oil Inventories Fall More Than Expected
Government data showed crude-oil inventories fell by 12.2 million barrels last week, much greater than the decline of 1.1 million barrels that analysts expected. Gasoline and distillate fuels fell too, as refineries raised their capacity use. -
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 -
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. -
The Hill - Politics
Fourth of July costs rocket higher
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Fourth of July cookout costs hit record high New research finds that average Fourth of July cookout costs are expected to soar to ...
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The Wall Street Journal - World
Microsoft to Pay $14.4 Million to Resolve Leave Discrimination Claims in California
The California Civil Rights Department alleged that employees who used parental and other types of protected leave received lower bonuses and unfavorable performance reviews.California -
The Wall Street Journal - World
The Blue-State Wealth Exodus Continues
The latest IRS data shows that the migration of taxpayers to GOP-run states from the left coasts and Illinois continued in 2022. -
The Wall Street Journal - World
Gas Stoves Head for the Ballot in Seattle
A voter initiative in Washington state would save natural gas energy for homes and business. -
The Wall Street Journal - World
Ericsson Intends to Book $1.1 Billion Charge for Latest Quarter
The Swedish telecom-equipment company said lower-than-expected growth at its Vonage cloud subsidiary prompted the impairment charge. -
The Wall Street Journal - World
'Biden Is Like Yoda.' Inside the Big Money Battle to Salvage the Democratic Ticket.
Some donors have tapped the brakes on fundraising.