Feds Barkin Says Consumers Are Driving Inflation Heres What Theyre Willing to Pay More for
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Mester says Fed needs to see more low inflation readings before cutting interest rates
The president of the Cleveland Federal Reserve said the low inflation readings in May were great news, but the central bank needs to “see that continue a bit longer” before it can cut interest rates.MarketWatch - Business - Federal Reserve -
Goolsbee is thrilled by low inflation readings but says Fed needs more proof that prices are easing
A slowdown in inflation in May was a big step in the right direction, Chicago Federal Reserve Bank President Austan Goolsbee said Friday, but prices need to decelerate further to support a reduction in U.S. interest rates.MarketWatch - Business - Federal Reserve -
Here's what Bears were willing to trade in 2024 NFL Draft to get Rome Odunze
Bears GM Ryan Poles was getting antsy as their No. 9 pick in the 2024 NFL Draft crept closer with every player yanked off the draft board. Poles had his guy in mind. He wanted Rome Odunze. And after the draft, he told the media that assistant GM ...Yahoo Sports - Sports - NFL -
What Are Your Experiences With Marijuana and Driving?
As more people use marijuana, we’re exploring the implications for road safety.The New York Times - Top stories -
Interest rates may need to go higher if the Fed wants inflation at 2%
Easing too soon would likely reignite inflation and require the Fed to hike rates again.MarketWatch - Business - Federal Reserve -
As War Drags On, Gazans More Willing to Speak Out Against Hamas
Ordinary Gazans are bearing the brunt of the 8-month Israeli military onslaught on the territory and many blame the Palestinian armed faction for starting the war.The New York Times - World -
Consumer sentiment falls to 7-month low on worries over inflation and weaker incomes
An early reading of U.S. consumer sentiment in June fell to the lowest level in seven months, reflecting lingering worries about high inflation as well as slower growth in household incomes.MarketWatch - Business -
Fetterman Has History of Driving Infractions, Records and Former Aides Say
The senator’s accident in Maryland last weekend did not come as a surprise to some of his former staff members, who said he was a notoriously distracted driver.The New York Times - Top stories -
Here’s when the inflation-fighting power of TIPS bonds and ETFs really kicks in
As inflation expectations rise, so does the average amount by which TIPS outperform U.S. Treasurys.MarketWatch - Business -
What's to lose with a second Trump presidency? Here's a list.
If Trump achieves these goals, he will be the most powerful and dangerous president in American history.The Hill - Politics - Donald Trump -
Here Is What The Pope Thinks About AI
Artificial intelligence, or AI, is one of the most-discussed news topics in recent years. Seemingly everyone is weighing in with their thoughts on how AI might change the world--from video games and movies to politics and more. Now, the Pope has ...GameSpot - Tech -
Could New York Ban Face Masks on the Subway? Here’s What to Know.
Gov. Kathy Hochul said she was exploring whether to reinstitute a partial ban on face coverings in New York City over concerns about their possible role in hate crimes.The New York Times - Top stories - New York -
Tesco says shoppers are buying more as confidence returns
The UK's largest retailer reports higher sales, but controversy persists over its boss's pay package.BBC News - Top stories -
What to Watch This Weekend: What Taj Bradley's performance means for your next waiver-wire run, and more
Plus, why Kevin Gausman needs a strong weekend performance to regain Fantasy managers' trustCBS Sports - Sports -
Abortion pill access is unchanged after the Supreme Court's decision. Here's what you need to know
A unanimous Supreme Court ruling means the abortion pill mifepristone remains available in the United States, even through the mailABC News - Health - Abortion -
Infectious bird flu survived milk pasteurization in lab test. Here's what to know.
An experiment found "small but detectable" amounts of infectious H5N1 virus in milk after it was pasteurized for 15 seconds.CBS News - Top stories -
I’m an expert on adolescence: here’s why a smartphone ban isn’t the answer, and what we should do instead
Jonathan Haidt’s bestselling book blames social media for a decline in teenage mental health. But is he right?. When I was 13, two of my friends were arrested for shoplifting. Along with two boys in our year, they had decided to bunk off school – ...The Guardian - World -
I spent a week on the Chinese version of E-Trade. Here’s what I found.
The maze of platforms and unverifiable information adds frustration to an already nettlesome — to say nothing of risky — stock market in China.MarketWatch - Business -
UK expats throw shade on the Tories under the Spanish sun
Anger over impact of Brexit has turned overseas supporters against the partyFinancial Times - Business - United Kingdom -
Hollywood on Thames is a prize for the UK economy
The rejection of a film studio scheme near Marlow bodes ill for the future of creative industriesFinancial Times - Business - United Kingdom -
What the rise of right-wing populism in EU countries says about Europeans
The European Parliament election outcomes signal a concerning resurgence of fascism, nationalism and the specter of conflict across Europe.The Hill - Politics - European Union -
Jim Cramer says he would take profits in our big AI winner of the week. Here's why
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.CNBC - Business -
Elon Musk’s $45bn Tesla pay package not a done deal, say legal experts
Although shareholders have backed chief executive’s remuneration deal, doubts remain over whether he will be able to access share-based package. Tesla’s battle to reinstate Elon Musk’s $45bn (£35bn) pay package is far from over, according to legal ...The Guardian - World -
Why are China’s consumers spending less?
Yahoo News - World - China -
How much do you need to earn to buy your first home? Here’s what the typical home buyer looks like today.
Thinking of buying a house? You’ll probably need to make nearly six figures — and have $13,000 in the bank — to achieve that dream, according to a new report.MarketWatch - Business -
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She had become famous—but there was a disturbing trend in the data. The girl's mom had to make a grim choice.The Wall Street Journal - World -
Bond market’s rally may have more room to run: ‘What a week it’s been’
The $27 trillion U.S. government-debt market concluded a momentous week of trading that sent the 10-year Treasury yield down to an 11-week low of 4.212% and could have even more room to run.MarketWatch - Business -
Explainer: Why are China’s consumers spending less?
Yahoo News - World - China -
Thanks for All the Dad Jokes: Science Says Corny Puns Actually Help Kids Boost Their Emotional Intelligence and Be More Successful
Thanks for all those terrible puns, dad.Inc. - Business -
Clarence Thomas took more undisclosed trips paid for by GOP megadonor Harlan Crow, Senate committee chair says
Supreme Court Justice Clarence has come under fire for accepting years of luxury gifts and private jet rides.CNBC - Business -
Make mine medium-rare: Men really do eat more meat than women, study says
It's a popular notion that men eat more meat than womenABC News - Tech -
Heading to a Disney theme park? More attendees are going into debt for the trip, survey says
24% of Disney theme park attendees went into debt for their trip, survey finds. That number went up to 45% for parents.Los Angeles Times - Entertainment -
What Wells Fargo’s ‘mouse-jiggler’ scandal says about the problem with work right now
Devices that help people fake time at their desks may also be a symptom of employees struggling to keep up with the always-on, always-available expectations of their jobs.MarketWatch - Business -
CEOs at Trump meeting say he was 'meandering' and 'doesn't know what he's talking about'
Former President Donald Trump failed to impress everyone in a room full of top CEOs Thursday at the Business Roundtable’s quarterly meeting, multiple attendees told CNBC.NBC News - Politics - Donald Trump -
Charles Barkley says next season will be his last on TV, no matter what happens with the NBA's media deals
Charles Barkley says next season will be his last on TV, no matter what happens with the NBA's media dealsABC News - Sports -
Charles Barkley says next season will be his last on TV, no matter what happens with NBA media deals
Charles Barkley says that next season will be his last on TV, no matter what happens with the NBA’s media dealsABC News - Entertainment - NBA -
Charles Barkley says next season will be his last on TV, no matter what happens with the NBA's media deals
Charles Barkley says next season will be his last on TV, no matter what happens with the NBA's media dealsABC News - Entertainment -
Jeff Bezos is a 'brilliant man' for what he's done at Whole Foods, says ex-CEO: 'He thinks really long term'
After Amazon acquired Whole Foods Market for $13.7 billion in 2017, Jeff Bezos backed price cuts at the grocery chain long known derisively as "whole paycheck."CNBC - Business -
Why the Stock Market Has Risen Even With No Fed Rate Cuts
The S&P 500 has been buoyant mainly because of A.I. fever, while bonds are having another mediocre year. But as an investor, our columnist is staying the course.The New York Times - Top stories - Federal Reserve -
Comex Gold, Silver Settle Higher
Gold settled up 1.4%, with silver also rising 1.4% on the day. Both metals posted weekly gains.The Wall Street Journal - World