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Wall Street just limped through its roughest stretch in months, and every investor is asking the same nervous question: Is the worst over in the stock market, or is the selloff just getting started?
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It might take ‘a lightning bolt from God' to get these Senate Democratic hopefuls to bow for independents PoliticoDemocrats' novel red-state strategy: From the Politics Desk nbcnews.comAnalysis | A divided field threatens Democrats' Montana Senate hopes The Washington PostDropout pressure builds in Montana's U.S. Senate race Montana Free PressMontana
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Trump wanted interest rate cuts to be 'Rocket Fuel' for the economy. He is losing that fight so far AP NewsTrump says Fed Chair Warsh 'would love' to lower interest rates. He might push to raise them instead Yahoo FinanceTrump stands by his 'brilliant' Fed pick despite no rate cuts ReutersTrump renews rate pressure on Fed as July FOMC meeting opens mpamag.com
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EXCLUSIVE: Bessent's 'to do' list: buy $5-10 billion worth of Japanese yen, Reuters photo shows ReutersUS Treasury informed banks that it may intervene in Japan's yen, source says ReutersBessent ‘to-do' list shows proposal for US to buy $5bn-$10bn of Japanese yen The GuardianYen Gains as US Banks Asked by New York Fed to Check Key Rate bloomberg.com
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Bond investors don't understand how Fed Chair Kevin Warsh's pledge to restore stable prices squares with inaction on interest rates.
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The trio of dissenters at the Federal Reserve who backed an increase in interest rates this week contend high inflation could get entrenched in the economy unless the central bank acts decisively to get prices under control.
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