Cautious optimism

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This photo taken on May 24, 2023 shows the Tokyo Stock Exchange in Tokyo, Japan.
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Global stocks and oil prices rise as investors react to news of an agreement that could avert a catastrophic US debt default
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Here’s what’s open and closed on Memorial Day 2023
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One of China’s biggest cities is so cash-strapped it’s calling in debts
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Turkish lira hits new record low after Erdogan election victory
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Metals-rich Indonesia’s IPO market is so red-hot it’s thrashing Hong Kong and India
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Don’t expect the stock markets to rejoice about the debt ceiling deal
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Taylor Swift sets summer’s hottest dress code: Sequins, boots, cowboy hats
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State Farm stops home insurance sales in California, citing wildfire risks
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Lawyer apologizes for fake court citations from ChatGPT
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Microsoft executive calls for faster AI regulation
Higher mortgage rates, lower social security payments: The calamity Washington wants to avoid with a debt ceiling deal
Why does Wall Street expect a rate hike in June?
Too few jobs, too many workers and ‘no plan B’: The time bomb hidden in India’s ‘economic miracle’
LGBTQ+ brand creator ‘relieved’ after Target pulls his items off shelves due to online backlash
From your 401(k) to bonds, here’s how to protect your financial well-being as debt default worries grow
Check the price tag before grabbing a bottle of ketchup for your barbecue
Credit ratings agencies like Moody’s decide the US credit rating. Here’s what you need to know about them
Justice Department opens criminal hacking probe into leaked Tucker Carlson videos
Manhattan DA’s office must turn over documents related to former JPMorgan exec in bank lawsuit over Jeffrey Epstein connections
‘The mother of all crises.’ A US debt default would ricochet around the world
JPMorgan is cutting about 500 jobs
US mortgage giants were placed on credit watch. Here’s what that means for home buyers
Billionaire entrepreneur’s space tourism company pulls off high-stakes crewed test flight

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Lithium could be extracted from the Salton Sea
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‘I cried’: CNN reporter describes how representation matters in remake of ‘The Little Mermaid’
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See a sunspot larger than planet Earth
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Could kids solve the labor shortage?

In Case You Missed It

Debt default showdown

Visitors outside the US Capitol building in Washington, DC, US, on Tuesday, May 23, 2023.
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‘It’s going to be catastrophic:’ The debt ceiling standoff is worrying for some Americans
Don’t expect markets to rejoice if a deal is reached on the debt ceiling
From Social Security to your investments, here’s how to prepare for a US default
Why Moody’s is ‘confident’ America won’t suffer its first-ever default
America’s borrowing is its superpower. A default would tarnish that

transportation

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See what happens when you go off-roading in a $270k Lamborghini
Uber will now let teens ride in cars alone
From elite status to insurance coverage, these are the best credit cards for renting cars in 2023
Chinese automaker BYD to make EVs in Vietnam
Tesla raises car prices globally, with the biggest increase in China
America’s favorite mid-size pickup, the Toyota Tacoma, unveils 2024 lineup

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Baseball announcer fired for use of N-word on air
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Lithium could be extracted from the Salton Sea
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‘I cried’: CNN reporter describes how representation matters in remake of ‘The Little Mermaid’
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Success

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Return-to-office mandates won’t magically improve young employees’ career development
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How top execs get a bigger tax break on retirement savings than the rest of us
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US employees are more satisfied than ever, new survey finds
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6 money tips for new grads

Tech

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Dutch watchdog looking into alleged Tesla data breach
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Twitter debuts a mid-tier data access plan, to almost immediate backlash
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Glitches, echoes and ‘melting the servers’ crash DeSantis’ campaign launch on Twitter
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Microsoft leaps into the AI regulation debate, calling for a new US agency and executive order

Media

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Justice Department opens criminal hacking probe into leaked Tucker Carlson videos
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DeSantis’ Twitter launch disaster shows Musk’s platform isn’t ready for prime time
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Disney begins third round of expected layoffs, cutting more than 2,500 additional jobs, source says
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ABC Australia apologizes to host as he steps away due to ‘sickening’ racist attacks

Underscored

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These are the best credit card sign-up bonuses and deals of June
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The 10 best credit cards of June 2023