Columbus, OH

In these days of high interest rates, a single central bank meeting can produce a combination of anxiety and anticipation. This week, we have three of them. Officials from the US Federal Reserve and the Bank of Japan will meet today and tomorrow, with any policy decisions coming Wednesday. On Thursday, it will be the Bank of England’s turn in the spotlight. Here’s where markets stand on each gathering.

Central Banks in US, Japan, and the UK Prepare for Crucial Week

The Federal Reserve is widely expected to maintain its influential interest rate at its current 23-year-high level when officials make policy decisions on Wednesday. Inflation moderated in the second quarter and the job market has continued softening, factors that will likely encourage the Fed to cut interest rates in the coming months.

What To Expect on Interest Rates From Next Week’s Fed Meeting

The Bank of Japan (BOJ) said that it was preparing for an era of steady interest rate hikes by claiming victory over deflation, according to a major review of past policy that recognized a paradigm shift over consumer behavior. BOJ governor Kazuo Ueda has commissioned a review looking at the...

Bank of Japan Expected to Present 'Paradigm Shift' on Inflation, Rate-Hike Cycle

LONDON — European markets on Tuesday were slightly higher as earnings continue to dominate stock action and investors brace for central bank decisions in the U.S. and U.K. index was 0.2% higher at around 10 a.m. in London, with most sectors in positive territory. While most major bourses gained, London's.

Europe stocks higher ahead of central bank meetings; Diageo down 8%, Standard Chartered up 5%

Reuters

(Reuters) -The Japanese yen weakened on Tuesday as traders had some last minute doubts about whether the Bank of Japan would hike rates this week, while other majors held steady with Bank of England and Federal Reserve meetings also in focus.

Yen weakens on last minute doubts about BOJ hike

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NewsByJoshua

Here’s a story that’s making waves in the retail world: Conn's HomePlus, a well-known discount furniture chain, has just filed for Chapter 11 bankruptcy. And the news isn’t just about numbers—it’s about real people and places, so let’s dive into what’s happening.

Another retail giant has just filed for Chapter 11 bankruptcy and is shutting down several stores.

African countries are turning to gold to protect against currency losses and hedge geopolitical risks. Countries like Nigeria, Uganda, Tanzania, and Madagascar have announced plans to increase gold reserves and purchase gold domestically. Concerns about the stability of the U.S. financial system and the weaponization of the dollar are motivating...

African Countries Shift to Gold As Dollar Doubts Grow

Washington, DC

Deryl McKissack is no stranger to spotting toxic traits. McKissack, 63, is the founder and CEO of Washington D.C.-based construction firm McKissack & McKissack, which she launched with $1,000 from her savings in 1990. She churned through employees who weren't the right fit in her company's early years and the business struggled, she says.

63-year-old CEO shares the top 3 red flags she sees in employees: ‘No one wants to be in their presence'

Yuki Tatsumi, co-director of the East Asia Program and director of the Japan Program at the Stimson Center, discusses the Japan-U.S. Security Consultative Committee in Tokyo.

Analyst the discusses the significance of U.S.-Japan security talks

California State

In a concerning trend for California, numerous large companies are gearing up for significant layoffs, affecting thousands of workers across various industries. According to the WARN Tracker, California has seen a staggering 37,086 WARN layoffs this year alone, impacting 713 businesses statewide.

Concerns Rise as Massive Layoffs Hit California

I've been living in Finland, the world's happiest country, for five years now. I think one of the secrets to the happiness of the Finnish people is the country's work culture. Getting work here as a foreigner can be tough, but I've been fortunate to have two different corporate jobs in Finland. One job was at a start-up software company with under 50 employees, and the other was at a manufacturing company with over 500 employees.

28-year-old who left the U.S. for Finland: What work is like in the world's happiest country—'they essentially force you to take a vacation'

Contributors represent independent, third-party users who have joined our contributor program and self-verified their accounts. They have also demonstrated their experience writing hard news for other outlets. Contributors are expected, like all users, to adhere to our Community Standards.

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The HD Post

CALIFORNIA – Proposition 33, Justice for Renters Act, will be on the California ballot, November 5, for voters to decide on removing a rent control ban. According to Ballotpedia, a "yes" vote repeals the Costa-Hawkins Rental Housing Act (1995), which will allow cities and counties to limit rent on any housing.

Prop. 33 will allow California voters to decide on removing rent control ban

Employment of electricians is projected to grow 6% annually until 2032 — twice the rate of all other occupations — with about 73,500 job openings each year, according to the Bureau of Labor Statistics. More electricians retire or leave the job each year than come into the profession,...

America's demand for skilled electricians is entering a boom cycle

A U.S. appeals court on Monday blocked the U.S. Transportation Department's new rule requiring upfront disclosure of airline fees pending a full review of the regulation. The DOT issued final rules in April requiring airlines and ticket agents to disclose service fees alongside the airfare, saying it would help consumers avoid unneeded or unexpected fees.

Appeals court blocks U.S. airline fee disclosure rule

Bucks County Beacon

Conservatives have done the United States a huge favor by explaining in detail what they’ll try to do if Donald Trump is reelected. Project 2025 , a “presidential transition project” of the Heritage Foundation, helpfully lays out how a group of former Trump officials would like to transform the country into a right-wing dystopia where the rich thrive and the rest of us die aspiring to be rich.

Project 2025’s Plan to Gut Medicare and Medicaid

Miami, FL

MIAMI — Nicole Crooks stood in the plaza of the historic Lyric Theater, a royal blue hat shielding her from the midday sun that baked Miami. In its heyday, the theater, in the city's Overtown neighborhood, was an important cultural hub for the Black community. James Brown, Sam Cooke, Ray Charles, Aretha Franklin and Ella Fitzgerald performed there, in the heart of "Little Broadway," for esteemed audience members such as Jackie Robinson and Joe Louis.

Climate change is gentrifying neighborhoods. In Miami, residents fear high prices — and a lost soul

New Jersey State

Morristown Minute

A new initiative aims to provide housing for vulnerable Medicaid members, enhancing community wellness and support. MORRIS COUNTY, N.J. - In a significant move to tackle housing instability among Medicaid recipients, New Jersey's Human Services Commissioner Sarah Adelman, along with Community Affairs Commissioner Jacquelyn A. Suárez, today announced the availability of $95 million in funding for developers. This initiative, part of the Healthy Homes program, is designed to create affordable housing opportunities for NJ FamilyCare members who are either homeless, at risk of homelessness, or currently living in institutional settings.

$95 Million for Healthy Homes: Housing for Medicaid Members

So, Ford's CEO Jim Farley dropped some pretty big news recently, and it might just shake up how we think about electric vehicles (EVs). Speaking at the Aspen Ideas Festival, Farley laid out what he sees as a necessary shift in the automotive industry—especially for those of us accustomed to big, powerful vehicles.

Ford CEO Jim Farley Warns of ‘Radical Change’ and Says EV Batteries Will ‘Never Be Affordable’

Fortune

Get ready for a bonanza of rate cuts from the Federal Reserve that starts in a few months and extends all the way into next summer, according to analysts at Citi Research. In a note on Friday, the bank cited fresh signs of a slowing economy for its view that the Fed will trim rates by 25 basis points eight times, starting in September and extending to July 2025.

The Fed could slash rates by 200 points over 8 straight meetings as the economy heads for a sharper downtrend, Citi says

Markets Insider

"Although it might already be too late to fend off a recession by cutting rates, dawdling now unnecessarily increases the risk," Bill Dudley wrote.

It may already be too late for the Fed to stop a recession, former central bank president says

NewsBreak

Japan's central bank starts its monetary policy meeting today. Here's what's in focus

The Bank of Japan kicks off its July monetary policy meeting on Tuesday, with its policy decision due Wednesday. Traders are focused on the central bank's...

Japan's central bank starts its monetary policy meeting today. Here's what's in focus

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