Global Inflation and Interest Rates Tracker See How Your Country Compares
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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 -
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 -
Inflation is widening the divide between how the wealthy and everyone else sees the economy
A steadily growing economy and low unemployment have helped to ease some of the pain of high inflation, but middle- and low-income Americans say they are feeling more stress.MarketWatch - Business -
Bank of Japan set to reduce JGB purchases, stands pat on interest rate
The BOJ said it will collect views from market participants on the reduction of Japanese government bond buying and present a detailed plan in the next meeting.CNBC - Business - Japan -
How Ralf Rangnick earned Austria’s respect and got a country dreaming
German has won over fans and brought fresh air to an association that struggled with entrenched structures. When the Austrian Football Association’s sporting director, Peter Schöttel, mustered the courage to make perhaps the most important call of ...The Guardian - World -
How the group behind the abortion drug battle is taking its fight global
A Christian legal aid group that has "fundamentally changed American society" through U.S. courts is rapidly expanding its work around the world.CBS News - Politics - Abortion -
‘I don’t want to squander this opportunity’: I sold my business for $130,000. Should I pay off my mortgage with a 7.3% interest rate?
“It may not seem like a lot of money to most people, but this is the first time in my life I am not living paycheck to paycheck.”MarketWatch - Business -
How Elon Musk's $44.9B Tesla pay package compares with the most generous plans for other U.S. CEOs
Even though the median U.S. CEO pay package last year was nearly 200 times more than a worker in the middle of their company pay scales, Elon Musk’s record-setting Tesla compensation dwarfs them by comparisonABC News - Tech -
How Partisan Media Outlets Covered The Latest Inflation Numbers
Conservative media outlets used the new inflation data, which was lower than expected, to criticize President Biden’s handling of the economy. Liberal media outlets celebrated it.The New York Times - Business - Inflation -
It’s your funeral! How to plan ahead for the best party you’ll never attend
As taboos around death break down, more Australians are planning their own ‘cirque du sadness’ to ensure their final wishes are financed and followed through . Get our weekend culture and lifestyle emailYears before the indomitable Joan Rivers ...The Guardian - World -
‘We get a raw deal’: This was my worst Father’s Day of all time — and it had nothing to do with a ‘crummy’ tie or tickets to see Taylor Swift
“It’s not about the money or even the card — it’s about the recognition for all the hard work dads do to put food on the table and pay the mortgage.”MarketWatch - Business -
How to Use Your Smartphone to Counteract Vision Loss (2024): iPhone, Android, Apps
From Magnifier to Lookout, you can benefit from features on Android and Apple devices.Wired - Tech -
How to prep for a new baby: add them to your credit card, reserve their email address and 5 other tips
There are steps parents can take to bolster their children’s financial security, and many are relatively easy and inexpensive.MarketWatch - Business -
Are you experienced? How your years in the labor force could work against you.
Age-discrimination suit against Raytheon highlights challenges older workers can faceMarketWatch - Business -
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 -
Global Trust in U.S. Companies Is... Mixed
For innovation to be a boon for business, you have to have consumers' trust. And a new report shows that to some consumers, U.S. businesses still have a ways to go.Inc. - Business -
WNBA rookie tracker: Clark, Fever pull out win against the Dream
We're tracking every game for one of the most anticipated rookie classes in WNBA history.ESPN - Sports - WNBA -
South Florida compared to a "zombie movie" amid widespread flooding
More downpours are expected in South Florida Friday, forecasters said, and could bring "catastrophic" flooding to some areas.CBS News - Top stories - Florida -
Group behind abortion drug case goes global
CBS News' Haley Ott looks at how Alliance Defending Freedom, the U.S. Christian legal group that was behind the Supreme Court case over the abortion drug mifepristone, is expanding its fight far from U.S. shores.CBS News - World - Abortion -
Ukraine's Global Diplomatic Flurry Fails to Outflank Russia
President Volodymyr Zelensky’s peace summit this weekend in Switzerland threatens to expose cracks in Ukraine’s effort to keep the world rallied behind its vision for ending the war.The Wall Street Journal - World - Ukraine -
Founder of ADHD Startup Done Global Arrested For Fraud
Done Global founder Ruthia He and Dr. David Brody were arrested for allegedly providing easy access to drugs like Adderall.Inc. - Business -
Founder of ADHD Startup Done Global Arrested for Fraud
Done Global founder Ruthia He and company head doctor David Brody were arrested for allegedly providing easy access to drugs like Adderall.Inc. - Business -
Comer investigating news-rating group
House Oversight Committee Chair James Comer (R-Ky.) announced Thursday he is launching a probe into a news-rating system that seeks to guard against misinformation by scoring news and information sites based on their reliability, trustworthiness ...The Hill - Politics -
Your Summer Reading Guide
If you fantasize about reading your way from now until Labor Day but need help corralling your curiosity, we can help.The New York Times - Top stories -
Where the N.B.A. Sees Its Future
The league has spent hundreds of millions of dollars to cultivate an immense potential fan base in Africa and develop future stars.The New York Times - Top stories -
Servers for GameStop annual shareholder meeting crash due to overwhelming interest
The debacle comes amid a meme stock craze that surged when Keith Gill, aka Roaring Kitty, resumed posting on his social accounts after more than three years.CNBC - Business -
8 tons of cocaine seized in major multi-country operation in Europe
European police forces arrested around 40 people in a years-long operation to bust a major drug smuggling ring, leading to the seizure of eight tons of cocaine, Europol said.CBS News - World -
Clippers have ‘strong interest' in Celtics' Jeff Van Gundy: Report
The Celtics reportedly have some competition if they want to keep Jeff Van Gundy on their staff this summer.Yahoo Sports - Sports -
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 -
Report: Bruins among teams interested in Hurricanes star Martin Necas
Could the Bruins trade for Martin Necas? Here's the latest report on his future with the Hurricanes.Yahoo Sports - Sports -
French protesters are standing up to the far right ahead of the country's snap elections
Yahoo News - World -
Hyundai plans to list India business unit in one of country’s biggest IPOs
South Korean carmaker seeks to capitalise on booming demand in world’s third-largest auto marketFinancial Times - World - India -
U.S. Inflation Falls to 3.3% in May
The rate of inflation in May over the previous year.The New York Times - Business -
Double Your Chances of Winning Your Next Deal With This Strategy
Effective service-based business development benefits from a focused, deliberate, all-hands-on-deck approach.Inc. - Business -
Global rush for farmland could trigger world war, documentary argues
A global network of powerful entities, fueled in part by Wall Street, is buying up land and water around the world. This global land rush has led to wrecked wells and lost farms from Arizona to Zambia — and it risks sowing the seeds for future ...The Hill - Politics -
Global leader of ISIS targeted and possibly killed in U.S. airstrike
The U.S. military targeted the global leader of ISIS in an airstrike in Somalia in May but cannot confirm if Abdulqadir Mumin is dead, three U.S. officials say.NBC News - Top stories -
NFL's top 10 highest-paid QBs of 2024: Trevor Lawrence new No. 1; comparing records, playoff results
Are the best-compensated signal-callers really the best?CBS Sports - Sports - NFL -
2024 NFL Draft first-round contract tracker: Commanders ink Jayden Daniels as team breaks before training camp
A rundown of the rookie contracts for the first-round picks of the 2024 classCBS Sports - Sports - NFL -
Talent Tracker: Ohio State's WR dilemma amid strong recruiting push, SEC QB shuffle and Rutgers' torrid pace
The scouting spotlight on recent Oregon and Wisconsin commits and Ohio State's slow burn to add the five-star-loaded receiver class we're used toCBS 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