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_in-moscow-39life-goes-on39-despite-the-conflict-in-ukraine.jpg "In Moscow, 'life goes on' despite the conflict in Ukraine<br/><br/>Although omnipresent on state television channels, the conflict remains barely visible in the streets of Moscow. Only adverts at a few bus stops show jobs with the army and praise the \")
⏲ 1:24 👁 2.1M
_fed39s-neel-kashkari-advocates-for-no-interest-rate-cut-until-39we-get-a-lot-more-data-to-convince-us39-amid-inflation-u.jpg "Neel Kashkari, President of the Federal Reserve Bank of Minneapolis, has advocated for keeping interest rates unchanged until more data shows underlying inflation is declining. Kashkari believes cutting rates now could jeopardize the foundation of U.S. economic prosperity by undermining anchored inflation expectations. Kashkari does not have a vote on the FOMC this year but highlights the Fed's concerns about cutting rates prematurely before taming inflation. Kashkari says Fed should leave rates unchanged \")
⏲ 0:40 👁 445K
_warnings-issued-over-supermarket-spending-challenges.jpg "Consumer group Which? and debt support charity StepChange have said 'spending challenges' issued by the retailers can seem like a good deal, but encourage unnecessary spending.")
⏲ 1:5 👁 360K
_mcdonalds-kfc-and-others-are-bringing-back-value-meals.jpg "TheStreet’s Conway Gittens brings you the biggest news of the day, including what investors are watching and why popular fast food chains are bringing back value meals.")
⏲ 1:43 👁 7.4M
_fair-work-commission-announces-3-75-minimum-wage-rise.jpg "Political reporter Tom Crowley has more on the political fallout of the wages decision from parliament house.")
⏲ 2:43 👁 1.2M
_sba-to-introduce-new-government-backed-credit-lines-up-to-365-million-for-small-businesses.jpg "The Small Business Administration plans to unveil new government-backed credit lines of up to $5 million for small businesses. In coming months, the SBA will launch a working capital pilot program designed to be more attractive than existing products. The program aims to provide small businesses funding for specific projects or to borrow against their assets. The SBA's new working capital lines offer small business owners the option to fund specific projects or borrow against their assets, with interest rates ranging from approximately 12% to 15%.")
⏲ 0:36 👁 205K
_uk-shop-price-rises-slow-to-0-6-annual-rate-in-may-easing-inflation-pressure.jpg "Shop price rises in the UK slowed to an annual rate of 0.6% in May, down from 0.8% in the previous month. Food inflation also fell for the thirteenth month in a row to 3.2%, providing some relief for household budgets under pressure from high inflation. Prices of non-food items like furniture, TVs, and audio equipment have been falling as retailers cut prices ahead of the Euros football tournament. Unusually wet weather has also helped ease prices, and promotional activity from retailers is expected to increase to boost demand.")
⏲ 0:36 👁 530K
_ex-treasury-secretary-larry-summers-warns-trump39s-re-election-may-push-mortgage-rates-beyond-10-39never-been-a-presiden.jpg "Tax cuts, tariff hikes, labor supply curb by clamping down on immigrants -part of Trump's economic agenda bode ill for inflation: Summers. The economist, however, says it's difficult to predict the timing and the precise dynamics.")
⏲ 0:58 👁 1.1M
_the-big-hecs-debt-changes-coming-into-effect-on-july-1-2024.jpg "The federal government has announced that HECS will be indexed by the lower of the WPI or the CPI, but what does this mean for the amount you owe?")
⏲ 1:33 👁 8.4M
_euro-zone-inflation-surges-to-2-6-in-may-prompting-rate-cut-expectations.jpg "Eurozone inflation increased to 2.6% in May 2024 from 2.4% in April, as both headline and core inflation came in higher than economists expected. Services inflation, an important metric for the ECB, rose to 4.1%. Markets continued to fully price in an interest rate cut by the ECB at its June meeting, following signals from policymakers that a cut is likely. Inflation has cooled significantly from a peak of 10.6% in October 2022 but has remained below 3% for the past eight months. The euro was slightly higher against the dollar and pound after the inflation release.")
⏲ 0:43 👁 605K
_biden39s-campaign-struggles-to-connect-with-black-voters-as-black-officials-raise-alarms.jpg "Prominent Black officials and Democratic operatives are worried that President Biden's campaign is failing to effectively communicate his policy achievements to Black voters in key battleground states, resulting in a decrease in enthusiasm and support due to an information gap. Multiple factors, such as a fragmented news landscape, Biden's limited accessibility, Trump's targeted appeals to Black voters, and persistent inflation, contribute to the Biden campaign's struggles. Polls indicate a potential rise in Black male support for Trump compared to 2020 have alarmed and puzzled party officials. The Black voting bloc is crucial for Biden's reelection, especially in battleground states.")
⏲ 0:42 👁 170K
_advocates-warn-extreme-heat-could-drive-home-cooling-costs-to-decade-high.jpg "Advocates Warn Extreme Heat , Could Drive Home Cooling , Costs to Decade High.<br/>NBC reports that the average cost of keeping a home <br/>in the United States cool from June to September is <br/>set to hit $719 in 2024, according to new projections.<br/>Advocates for low-income households found <br/>that those annual costs for cooling a home in <br/>the summer are about 8% higher than in 2023.<br/>Back in 2021, the average cost <br/>to cool a home was down at <br/>an average of $573 annually.<br/>According to organizations that distribute federal financial <br/>support, an estimated one million fewer families <br/>will be able to receive assistance paying their energy bills. .<br/>This loss of assistance comes partly as the result of government <br/>funding for the Low Income Home Energy Assistance Program <br/>(LIHEAP) dropping to $4.1 billion, down from $6.1 billion in 2023.<br/>It’s inflation in the sense that you <br/>have to spend more to cool your <br/>house, but you’re using more of it, Mark Wolfe, Executive director of the National Energy <br/>Assistance Directors Association (NEADA), via NBC.<br/>So you can’t blame <br/>the price. This is more <br/>the price of climate change, Mark Wolfe, Executive director of the National Energy <br/>Assistance Directors Association (NEADA), via NBC.<br/>The National Oceanic and Atmospheric Administration <br/>has warned that 2024 is expected to rank among <br/>the top five hottest years on record. .<br/>According to the National Energy Assistance Directors <br/>Association (NEADA) report, many households face the <br/>risk of debt or potential utility shut-offs for nonpayment.<br/>These estimates could, in fact, <br/>understate the final costs of home <br/>cooling this summer if temperatures <br/>continue to reach record levels, National Energy Assistance Directors <br/>Association (NEADA) report, via NBC")
⏲ 1:31 👁 115K
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_in-moscow-39life-goes-on39-despite-the-conflict-in-ukraine.webp "In Moscow, 'life goes on' despite the conflict in Ukraine<br/><br/>Although omnipresent on state television channels, the conflict remains barely visible in the streets of Moscow. Only adverts at a few bus stops show jobs with the army and praise the \")
_fed39s-neel-kashkari-advocates-for-no-interest-rate-cut-until-39we-get-a-lot-more-data-to-convince-us39-amid-inflation-u.webp "Neel Kashkari, President of the Federal Reserve Bank of Minneapolis, has advocated for keeping interest rates unchanged until more data shows underlying inflation is declining. Kashkari believes cutting rates now could jeopardize the foundation of U.S. economic prosperity by undermining anchored inflation expectations. Kashkari does not have a vote on the FOMC this year but highlights the Fed's concerns about cutting rates prematurely before taming inflation. Kashkari says Fed should leave rates unchanged \")
_warnings-issued-over-supermarket-spending-challenges.webp "Consumer group Which? and debt support charity StepChange have said 'spending challenges' issued by the retailers can seem like a good deal, but encourage unnecessary spending.")
_mcdonalds-kfc-and-others-are-bringing-back-value-meals.webp "TheStreet’s Conway Gittens brings you the biggest news of the day, including what investors are watching and why popular fast food chains are bringing back value meals.")
_fair-work-commission-announces-3-75-minimum-wage-rise.webp "Political reporter Tom Crowley has more on the political fallout of the wages decision from parliament house.")
_sba-to-introduce-new-government-backed-credit-lines-up-to-365-million-for-small-businesses.webp "The Small Business Administration plans to unveil new government-backed credit lines of up to $5 million for small businesses. In coming months, the SBA will launch a working capital pilot program designed to be more attractive than existing products. The program aims to provide small businesses funding for specific projects or to borrow against their assets. The SBA's new working capital lines offer small business owners the option to fund specific projects or borrow against their assets, with interest rates ranging from approximately 12% to 15%.")
_uk-shop-price-rises-slow-to-0-6-annual-rate-in-may-easing-inflation-pressure.webp "Shop price rises in the UK slowed to an annual rate of 0.6% in May, down from 0.8% in the previous month. Food inflation also fell for the thirteenth month in a row to 3.2%, providing some relief for household budgets under pressure from high inflation. Prices of non-food items like furniture, TVs, and audio equipment have been falling as retailers cut prices ahead of the Euros football tournament. Unusually wet weather has also helped ease prices, and promotional activity from retailers is expected to increase to boost demand.")
_ex-treasury-secretary-larry-summers-warns-trump39s-re-election-may-push-mortgage-rates-beyond-10-39never-been-a-presiden.webp "Tax cuts, tariff hikes, labor supply curb by clamping down on immigrants -part of Trump's economic agenda bode ill for inflation: Summers. The economist, however, says it's difficult to predict the timing and the precise dynamics.")
_the-big-hecs-debt-changes-coming-into-effect-on-july-1-2024.webp "The federal government has announced that HECS will be indexed by the lower of the WPI or the CPI, but what does this mean for the amount you owe?")
_euro-zone-inflation-surges-to-2-6-in-may-prompting-rate-cut-expectations.webp "Eurozone inflation increased to 2.6% in May 2024 from 2.4% in April, as both headline and core inflation came in higher than economists expected. Services inflation, an important metric for the ECB, rose to 4.1%. Markets continued to fully price in an interest rate cut by the ECB at its June meeting, following signals from policymakers that a cut is likely. Inflation has cooled significantly from a peak of 10.6% in October 2022 but has remained below 3% for the past eight months. The euro was slightly higher against the dollar and pound after the inflation release.")
_biden39s-campaign-struggles-to-connect-with-black-voters-as-black-officials-raise-alarms.webp "Prominent Black officials and Democratic operatives are worried that President Biden's campaign is failing to effectively communicate his policy achievements to Black voters in key battleground states, resulting in a decrease in enthusiasm and support due to an information gap. Multiple factors, such as a fragmented news landscape, Biden's limited accessibility, Trump's targeted appeals to Black voters, and persistent inflation, contribute to the Biden campaign's struggles. Polls indicate a potential rise in Black male support for Trump compared to 2020 have alarmed and puzzled party officials. The Black voting bloc is crucial for Biden's reelection, especially in battleground states.")
_advocates-warn-extreme-heat-could-drive-home-cooling-costs-to-decade-high.webp "Advocates Warn Extreme Heat , Could Drive Home Cooling , Costs to Decade High.<br/>NBC reports that the average cost of keeping a home <br/>in the United States cool from June to September is <br/>set to hit $719 in 2024, according to new projections.<br/>Advocates for low-income households found <br/>that those annual costs for cooling a home in <br/>the summer are about 8% higher than in 2023.<br/>Back in 2021, the average cost <br/>to cool a home was down at <br/>an average of $573 annually.<br/>According to organizations that distribute federal financial <br/>support, an estimated one million fewer families <br/>will be able to receive assistance paying their energy bills. .<br/>This loss of assistance comes partly as the result of government <br/>funding for the Low Income Home Energy Assistance Program <br/>(LIHEAP) dropping to $4.1 billion, down from $6.1 billion in 2023.<br/>It’s inflation in the sense that you <br/>have to spend more to cool your <br/>house, but you’re using more of it, Mark Wolfe, Executive director of the National Energy <br/>Assistance Directors Association (NEADA), via NBC.<br/>So you can’t blame <br/>the price. This is more <br/>the price of climate change, Mark Wolfe, Executive director of the National Energy <br/>Assistance Directors Association (NEADA), via NBC.<br/>The National Oceanic and Atmospheric Administration <br/>has warned that 2024 is expected to rank among <br/>the top five hottest years on record. .<br/>According to the National Energy Assistance Directors <br/>Association (NEADA) report, many households face the <br/>risk of debt or potential utility shut-offs for nonpayment.<br/>These estimates could, in fact, <br/>understate the final costs of home <br/>cooling this summer if temperatures <br/>continue to reach record levels, National Energy Assistance Directors <br/>Association (NEADA) report, via NBC")
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