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Rising Government Debt Threatens Financial Stability, Inflation, BIS Says
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The Wall Street Journal - World
Stocks Rise With Fed in Focus
U.S. stock indexes gained, with the Nasdaq Composite and S&P 500 on track for new closing records, after Jerome Powell hailed the Federal Reserve’s progress on curbing inflation.Federal Reserve -
MarketWatch - Business
Biden says ‘working-class people are still in trouble.’ These 4 expenses are still pinching consumers, even as inflation cools.
Donald Trump and Joe Biden sparred on inflation, and what caused it, during the debate. Here are four places where Americans still feel the pain of price hikes.Joe Biden -
CNBC - Business
36% of Americans plan to take on debt for summer travel. Here's why that worries financial experts
More than one-third of summer vacationers say they are willing to take on debt to pay for travel, according to a Bankrate report. -
CNBC - Business
India set to see billions in inflows as government bonds debut on JPMorgan's debt index
While the inclusion of the bonds into the JPMorgan index has been priced in already, PGIM sees a positive longer-term impact.India -
Inc. - Business
As AI Rises, Startup Anthropic Wants Other People to Invent Tools to Measure if it’s Safe or Threatening.
To keep AIs safe, Anthropic is offering grants to third parties to develop "benchmarks" that will assess the effectiveness and potential threats from new AI models. -
CNBC - Business
SoftBank shares rise on $1.86 billion debt offering as CEO talks up 'super' AI
Softbank, which has a huge technology investment arm called the Vision Fund, has suggested it is looking to ramp up investments in artificial intelligence. -
NBC News - Top stories
‘Inflation is killing our country,’ Trump says
President Joe Biden and Former President Donald Trump went head to head answering questions about the economy and inflation during the first presidential debate.Donald Trump -
ABC News - Sports
Mavericks trading Hardaway to Pistons for Grimes, AP source says, getting some financial flexibility
A person familiar with the deal tells The Associated Press that the Dallas Mavericks are trading Tim Hardaway Jr. and three second-round draft picks to the Detroit Pistons for Quentin Grimes -
The Guardian - World
Over 200 candidates withdraw before second round of voting – France election live
Around 130 are members of left-wing New Popular Front with more than 80 from Macron camp. The National Rally’s Jordan Bardella is debating on social media with France’s economy minister, Bruno Le Maire, about the far right’s plan to scrap ...
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The Wall Street Journal - World
USD/SGD Edges Higher Ahead of U.S. Economic Data
USD/SGD edged higher on possible position adjustments ahead of U.S. economic data. -
The Wall Street Journal - World
World's 'Most Successful' Political Party Stares at Sweeping Defeat in U.K. Election
After 14 years in power, Britain’s Conservative Party looks like it’s headed into the electoral wilderness. -
The Wall Street Journal - World
The Making of the 28-Year-Old Star of France's Far Right
National Rally’s Jordan Bardella, playing up a childhood in the projects, pulls in young people and others with nationalist message, TikTok savvy; calling Le Pen “my queen.” -
The Wall Street Journal - World
Sudden Return of the Trump Trade Sends Treasurys Reeling
The increasing likelihood of a second Trump administration has helped spark a steep selloff in U.S. government bonds.Donald Trump -
The Wall Street Journal - World
Venture Capital Is Increasingly Becoming a Haves and Have-Nots Industry
Fresh data shows a struggling fundraising environment as top firms haul in capital.