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The Dow crossed 40000 for the first time, a milestone that appeared implausible a little more than two years ago when the Fed began raising interest rates to cool an overheated economy.
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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 -
Labour raises £350k more than Tories in first campaign week
The figures are a huge turnaround on the 2019 election, when the Tories attracted 87% of all donations.BBC News - 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 -
The Fed expects to cut rates just once this year
The Federal Reserve said Wednesday it expects to cut its benchmark interest rate just once this year as inflation remains stubbornly high.CNN - Top stories - Federal Reserve -
Bloody Sunday accused Soldier F appears in court
It is the first time the man, charged with two murders and five attempted murders, appeared in person.BBC News - Top stories -
Princess Catherine Appears in Public for First Time Since Cancer Diagnosis
The Princess of Wales took part in a ceremonial parade to celebrate the birthday of her father-in-law, King Charles III.The New York Times - World -
250 Years Ago, Ben Franklin Discovered a Surprisingly Effective Way to Be More Likable and Build Lasting Relationships. Science Shows It Still Works
Being helpful makes you more likable, but Franklin discovered asking for help does, too--and here's the science behind it.Inc. - Business -
U.S. crude oil snaps three-week losing streak as forecasts point to tighter market
Oil prices are gaining on expectations that summer fuel demand will draw down inventories.CNBC - Business -
Undocumented and unidentified: what happens when migrants die crossing the border
The remains of at least 1,500 undocumented immigrants await in morgues along the US border to recover their identities, to return home, and find peace.NBC News - Top stories -
When protests cross into antisemitism, it hurts the Palestinian cause | Jo-Ann Mort
The pronounced antisemitism in recent protests is an unsettling phenomenon. Congratulations to the group of radical protesters who claim to be for the Palestinian cause in New York City. They brag online that they “shut down” the Nova exhibit on ...The Guardian - World
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Thousands Protest Against Far Right Across France
The protests are being closely watched as a barometer for whether voters will turnout in the snap elections.The Wall Street Journal - World -
Charles Barkley to Retire From 'Inside the NBA'
The basketball hall of famer who built a second career as a sports commentator on TNT, announced his retirement after the Dallas Mavericks’ victory over the Boston Celtics.The Wall Street Journal - World - United Kingdom -
Iran Frees Two Swedish Citizens for Iranian Jailed in Sweden
The decision is the latest Iranian move to release European prisoners amid tensions between Tehran and the EU.The Wall Street Journal - World - Iran -
Kate Middleton Makes First Public Appearance Since Cancer Announcement
The Princess of Wales attends King Charles’s birthday parade.The Wall Street Journal - World -
EU Elections, Hunter Biden Trial and Scenes from Israel-Gaza Conflict
India heatwave, Hajj pilgrimage and more images from around the world, selected by The Wall Street Journal photo editors.The Wall Street Journal - World - Joe Biden