Surging Hospital Prices Are Helping Keep Inflation High
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As the number of displaced people surges, an 'Inflatable Refugee' in Barcelona sparks questions
A 20-foot-tall “Inflatable Refugee” is on display at Barcelona's Gran Teatre del Liceu opera houseABC News - Entertainment -
As the number of displaced people surges, an 'Inflatable Refugee' in Barcelona sparks questions
A 20-foot-tall “Inflatable Refugee” is on display at Barcelona's Gran Teatre del Liceu opera houseABC News - World -
Import prices fall sharply in another sign of fading U.S. inflation
The cost of imported goods fell in May by the largest amount since the end of last year, adding to recent evidence inflation might be slowing again.MarketWatch - Business -
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 -
High orange juice prices may be on the table for a while due to disease and extreme weather
Orange juice prices have always been volatile and highly dependent on the weatherABC News - Top stories -
Medical Experts Alarmed by Out-of-Hospital Cesareans in Florida
A new state law will permit surgeons to perform cesarean deliveries in “advanced birth centers,” despite the risk of complications.The New York Times - Health - Florida -
The stakes are high in Macron’s gamble
There are doubts even in the French president’s own camp about the wisdom of calling snap electionsFinancial Times - World -
A Surging IRS Penalty Is Costing Americans Billions. Here's How to Avoid It.
Estimated-tax penalties can catch taxpayers by surprise. Even the government’s ‘safe harbors’ aren’t entirely safe.The Wall Street Journal - World -
Adobe shares surge 15% for sharpest rally since 2020
Adobe reported better-than-expected earnings and revenue, lifting the stock to its biggest gain in more than four years.CNBC - Business -
Paramount Will Keep Its Family Discount
The implosion of a deal with Skydance leaves the media giant alone in a turbulent landscape with an unpredictable controlling shareholder.The Wall Street Journal - World -
U.S. Inflation Falls to 3.3% in May
The rate of inflation in May over the previous year.The New York Times - Business -
Wholesale prices unexpectedly fell 0.2% in May
The producer price index was expected to show a 0.1% increase in May, according to economists surveyed by Dow Jones.CNBC - Business -
Signs point to mild gas prices in preelection summer
U.S. gas prices started the summer driving season lower than usual, with experts pointing to mild demand and cheaper oil as factors contributing to the moderate costs. Though confounding variables, such as the hurricane season and downstream ...The Hill - Politics -
Surprise, Tesla Investors Vote for a Higher Share Price
Right or wrong, Elon Musk and his investors are co-believers in a glorious if imprecise future.The Wall Street Journal - World - Tesla -
Big helpings of hygge in Scandinavia’s archipelagos
The islands between Sweden and Finland have become havens of designer cabins and new Nordic cookingFinancial Times - World -
Popular Virginia lake being tested after swimmers report E. coli infections and hospitalizations
Environmental officials are testing lake water at a popular recreational destination in central Virginia after at least 20 people reported EABC News - Health -
How a major public hospital is protecting itself by silencing patients who allege harm
The University of Washington and other public hospitals routinely settle medical malpractice cases with NDAs. Some legal experts say that needs to stop.NBC News - Top stories -
Tax anomalies that keep experts awake at night
The UK has the world’s longest tax code — and the politicians don’t seem keen to change thatFinancial Times - World -
Political Risk Keeps Mexican Peso Under Pressure
Mexico’s impending judicial branch overhaul following the ruling Morena party’s overwhelming presidential and congressional election victory on June 2 is undermining investor sentiment and keeping pressure on the peso, said Natixis.The Wall Street Journal - World -
Brilliant Doncic answers critics, keeps Mavs alive
Amid heavy criticism for his defense and frustration with referees, Luka Doncic put together a dominant, poised performance to lead the Mavericks to a season-extending 122-84 win over the Celtics in Game 4.ESPN - Sports -
England beat rain and Namibia to keep hopes alive
England beat the rain and Namibia to keep their T20 World Cup defence alive but are still reliant on Australia beating Scotland.BBC News - Top stories -
Despite right surge, European Parliament election offers solid ground for transatlantic partnership
Ursula von der Leyen has a good chance of using the turmoil caused by the political success of the French far-right and the subsequent French snap elections to her advantage. This could help keep a key European ally of the U.S. in placeThe Hill - Politics -
Argentine monthly inflation lowest in 2.5 years
Yahoo News - World -
Hot Funds and the Curse of 'Self-Inflated Returns'
When billions of dollars gush into an ETF that just reported big gains, more gains can soon follow. The problem: The investors themselves are driving those gains—and will suffer when their impact fades.The Wall Street Journal - World -
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 -
3 gold investing moves to make with inflation cooling
As inflation continues to drop, prospective gold investors may want to make some strategic moves in response.CBS News - Top stories -
U.K. mechanic fixes anything to help his neighbors
British auto mechanic Paul Barker has won the respect of his community by doing free repairs on just about anything to help out neighbors struggling to make ends meet. As CBS News' Tina Kraus reports, the payoff from Barker's efforts can be ...CBS News - Top stories - United Kingdom -
Operation Surf helps veterans overcome emotional trauma
The ocean can be a balm for many - and in California, one veteran decided to embrace its healing powers. He started Operation Surf, a group where veterans can catch a few waves and cope with emotional trauma.CBS News - Top stories -
Demolition starts at Marjory Stoneman Douglas High School
Demolition has begun on the Marjory Stoneman Douglas High School building in Parkland, Fla., where the deadliest mass shooting at a high school in U.S. history occurred in 2018. Fourteen students and three staff members from the school were killed ...The Hill - Politics -
Tesla May Raise Model 3 Price In Europe Due to Tariffs
Tesla will likely raise the price of its Model 3 in Europe as of July 1 in response to planned EU tariffs on electric vehicles made in China.The Wall Street Journal - Business - Tesla -
Amazon Has Upended the Streaming Ad Market, and Netflix Is Paying the Price
Netflix is embracing product placement and cutting ad rates significantly as Prime Video helps drive prices down.The Wall Street Journal - World - Netflix -
Hargreaves Lansdown co-founder says price ‘not main consideration’ for selling business
Stephen Lansdown says he wants to know what any new owner would do with the retail investment siteFinancial Times - Business -
Cocoa prices are soaring. Candy makers will need to get creative
Hershey, Mondelez, Mars and Ferrero are among the companies that will have to get creative to deal with soaring prices for cocoa, a key ingredient in chocolate.CNBC - Business -
Sign Right Here: The Parents Pledging to Keep Kids Phone-Free
By committing not to give their children smartphones until an agreed-upon age, parents are hoping for strength in numbers when schoolyard pressure starts to build.The New York Times - Lifestyle -
Trump and the NRA counted on the Supreme Court to keep bump stocks legal
Trump banned bump stocks after the Las Vegas mass shooting with the gun lobby's support, understanding the Supreme Court was likely to overturn the prohibition.NBC News - Politics - Donald Trump -
Judge Orders Sale of Alex Jones’s Personal Assets but Keeps Infowars in Business
The ruling will allow the conspiracy theorist to continue broadcasting on Infowars, while the Sandy Hook families pursue payment of $1.4 billion in defamation damages.The New York Times - Business -
Why Democrats Keep Losing the Battle for Small-Town America
Voters in rural North Carolina reflect the mounting challenges facing President Biden in swing states, voicing discontent with the economy, illegal immigration and inflationThe Wall Street Journal - World -
Mavericks keep NBA finals alive with beatdown of Celtics in Game 4
As it happened: Boston Celtics 84–122 Dallas MavericksCeltics lead best-of-seven series 3-1 despite heavy loss38-point margin is third-largest in NBA finals historyThe Dallas Mavericks kept their slim championship hopes alive on Friday night as ...The Guardian - World - NBA -
Tesco boss says he is ‘well paid’ as investors vote on £10mn package
Shareholder vote on Ken Murphy’s pay comes as executive remuneration is in the spotlightFinancial Times - Business -
UK public inflation expectations fall to lowest in nearly 3 years
BoE survey will be welcomed by policymakers ahead of interest rate decision next weekFinancial Times - World - United Kingdom