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YOU WONT BELIEVE: 2 | Mind Blowing Facts

Inflation Cooled More Than Expected In June. Now a Fed President Says Price Increases Have 'Peaked'

New York Fed President John Williams said he sees multiple signs that inflation has peaked.

International Business Times

NY Fed's John Williams: "Unquestionably too-high" inflation may soon subside

John Williams, the president of the New York Fed, asserts that inflation is likely at its peak and should soon begin to taper off. He projects that by the end of the year, overall inflation will settle at 3.25%. Furthermore, he expects the unemployment rate to drop to 4% by…

The Economic Times

Warsh says Fed has 'no tolerance' for high inflation but provides no hints on next move

Federal Reserve Chair Kevin Warsh pledged to make high inflation “a thing of the past” in his first congressional testimony Tuesday, yet provided no signal about the central bank’s next steps

The Independent UK

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Massive AI buildout poses latest inflation threat as consumers pay more for laptops and electricity

American consumers — and the Federal Reserve — are being hit with another high-cost headache

The Independent UK

Fed officials fret over inflation risk, weigh rate hikes

Federal Reserve officials remain concerned about persistent inflation pressures. Incoming price reports will guide future interest rate decisions by policymakers. A divided committee discussed scenarios for potential policy responses. Some officials favor holding rates steady while others see hikes as appropriate. The central bank awaits crucial economic data to shape…

The Economic Times

Trump Appointed Kevin Warsh as the Federal Reserve Chairman. Now He's Assembling an AI Taskforce

Federal Reserve Chairman Kevin Warsh has assembled a new artificial intelligence task force whose members believe that AI has the potential to reshape the U.S. economy in ways that could benefit government and industry.

International Business Times

Stock Index Futures Slip as Chip Rally Fades, SK Hynix Debut in Focus

September S&P 500 E-Mini futures (ESU26) are down -0.11%, and September Nasdaq 100 E-Mini futures (NQU26) are down -0.41% this morning, taking a breather after a chip-led rally in the prior session, with all eyes on the U.S. trading debut of SK Hynix.

Barchart

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US Stock Market: Fed's Williams sees energy prices easing despite Middle East tensions, keeps options open on July rate decision

New York Fed President John Williams said oil prices are likely to ease over the coming months despite renewed Middle East tensions, while stressing it is too early to signal the Federal Reserve's next interest rate move. He reiterated that policymakers will remain guided by incoming economic data amid persistent…

The Economic Times

Stock Index Futures Tumble as Oil Jumps After Trump Says U.S.-Iran Ceasefire Is Over, FOMC Minutes on Tap

September S&P 500 E-Mini futures (ESU26) are down -0.96%, and September Nasdaq 100 E-Mini futures (NQU26) are down -1.34% this morning as sentiment took a hit after U.S. President Donald Trump declared an end to the ceasefire with Iran, sending oil prices and bond yields soaring.

Barchart

Stock Indexes Fall as Chip Stocks Sink and Crude Soars

The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed down -0.45%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.25%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.77%. September E-mini S&P futures (ESU26 ) fell -0.52%, and September E-mini Nasdaq futures...

Barchart

Dollar Edges Up on Weak Stocks and Crude Oil Strength

The dollar index (DXY00 ) rose by +0.24% on Tuesday. The dollar rose on Tuesday amid weakness in stocks, boosting liquidity demand for the currency. Also, higher crude oil prices on Tuesday pushed up inflation expectations and could persuade the Fed to keep monetary policy tight, a supportive factor for...

Barchart

Stock Indexes Falter as Chip Stocks Tumble

The S&P 500 Index ($SPX ) (SPY ) today is down -0.67%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.38%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -2.14%. September E-mini S&P futures (ESU26 ) are down -0.68%, and September E-mini Nasdaq futures...

Barchart

Dollar Firms on Stock Weakness and Hawkish Williams

The dollar index (DXY00 ) is up by +0.13% today. The dollar is moving higher today amid weakness in stocks, which is boosting liquidity demand for the currency. Also, hawkish comments today from New York Fed President John Williams boosted the dollar, as he said inflation is still quite high....

Barchart

Steven Spielberg sci-fi movies ranked, worst to best

Disclosure Day has arrived in cinemas, and it's got us nostalgic for all Steven Spielberg's best directorial sci-fi movies to date.

Space

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International Business Times

Trump Eases Pressure On Fed Chair Kevin Warsh As Inflation Climbs, Analysis Claims

The Trump administration is giving new Federal Reserve Chair Kevin Warsh more room to navigate elevated inflation, even as President Donald Trump continues to publicly favor lower interest rates.

Space

'Superman Returns' at 20: Is it a sequel? Is it a reboot? Two decades on, we're still not sure

Brandon Routh's only outing in the cape is more than just a love letter to Richard Donner's classic original movie.

Space

SpaceCamp at 40: A wish-fulfillment fantasy brought down to earth by NASA's real-life disaster

After the Challenger tragedy, nobody wanted to see a film about five kids on an adventure in space.

International Business Times

Fed Officials Keep Focus On Inflation As Goolsbee Warns Price Pressures Remain High

Chicago Federal Reserve President Austan Goolsbee said inflation remains the central bank's biggest concern despite some improvement in services prices.

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Stock Index Futures Slip as Chip Selloff Resumes, Fed Speak on Tap

September S&P 500 E-Mini futures (ESU26) are down -0.51%, and September Nasdaq 100 E-Mini futures (NQU26) are down -1.18% this morning as renewed selling pressure hit the tech sector, with chipmakers leading the declines.

The Guardian - UK

‘Once my tummy stopped shaking, I was absorbed by the scale, spectacle and wonder’: your Steven Spielberg film favourites

We’ve already listed our writers’ all-timers, now Guardian readers get their say on the seminal director’s best blockbusters

The Guardian - UK

The Guardian view on John Williams and Steven Spielberg: a partnership that changed cinema

Editorial: Over more than 50 years and 30 films, the composer-director duo have created some of the most memorable movie experiences of all time

Guitar World

“I’m sick of people saying Walk On the Wild Side is a classic. I got paid £12, and David Bowie didn’t even show up”: Session bass legend Herbie Flowers on the making of Lou Reed’s 1972 hit – and the hardest session he ever did

Having recorded over 20,000 sessions for the likes of David Bowie, Dusty Springfield, T.Rex, Paul McCartney and Elton John, Brian ‘Herbie’ Flowers was not your average bassist

The Guardian - UK

‘Pico’ Lopes and Cape Verde give Spain’s boys one hell of a neutralising

In today’s Football Daily: the World Cup has some new history boys to celebrate

Space

'Everybody came with their A-game': Oscar-winning sound editor Andy Nelson talks reuniting with Spielberg & John Williams for 'Disclosure Day'

'The truth is, everybody came with their A-game. Because the script called for it. Steven definitely calls for it.'

International Business Times UK

How Did John B. Williams Die? Real Cause of Death Revealed as Jazz World Shattered by His Tragic Passing

John B. Williams, renowned jazz bassist from 'The Tonight Show', has passed away at 85 following a health crisis. His career spanned decades, leaving a significant mark on the jazz world.

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