Core News Daily

The Supreme Court upholds Fed independence-and also saves U.S. debt from a crisis

editorial@corenewsdaily.com (CoreNewsDaily Editorial) — Mon, 29 Jun 2026 00:00:00 GMT

Inside the CDCâ€™s mad scramble to meet Kennedyâ€™s demands

editorial@corenewsdaily.com (CoreNewsDaily Editorial) — Mon, 29 Jun 2026 00:00:00 GMT

Griffis wrote to his boss, Susan Monarez, the acting CDC director, warning that halting the campaign in the middle of an outbreak \u00e2\u20ac\u0153presents significant reputa

Sportsbooks say World Cup betting has surged past expectations, with US hype driving action

editorial@corenewsdaily.com (CoreNewsDaily Editorial) — Mon, 29 Jun 2026 00:00:00 GMT

Sportsbook operators are seeing record betting on this year

Why anti-CBDC Trump refuses to sign bill banning a digital dollar through 2030

editorial@corenewsdaily.com (CoreNewsDaily Editorial) — Thu, 25 Jun 2026 00:00:00 GMT

Trump turned legislation codifying his opposition to a Federal Reserve CBDC into leverage for the SAVE America Act.

Drug overdose deaths are down in L.A. County in 2025. Here's why

editorial@corenewsdaily.com (CoreNewsDaily Editorial) — Thu, 25 Jun 2026 00:00:00 GMT

Los Angeles County Public Health Department officials say accidental drug overdose deaths are down for the third year in a row.

The US Economy Is Vulnerable to a Stock Correction, KPGM Economist Warns

editorial@corenewsdaily.com (CoreNewsDaily Editorial) — Tue, 23 Jun 2026 00:00:00 GMT

A reversal of the stock market

U.S. Senate passes housing bill that carries four-year ban on a Fed CBDC

editorial@corenewsdaily.com (CoreNewsDaily Editorial) — Mon, 22 Jun 2026 00:00:00 GMT

The idea of a U.S. central bank digital currency \u2014 though little more than a research topic at the Federal Reserve \u2014 may be getting formally blocked.

Trump Touts ‘Best Economy Ever.’ What the Data Shows

editorial@corenewsdaily.com (CoreNewsDaily Editorial) — Mon, 22 Jun 2026 00:00:00 GMT

While Trump

Warsh’s gamble: A quieter Federal Reserve could mean volatile markets, higher rates

editorial@corenewsdaily.com (CoreNewsDaily Editorial) — Sat, 20 Jun 2026 00:00:00 GMT

Warsh, like many economists, thinks the financial markets have become too dependent on Fed guidance, and that such direction is more effective in financial cris

The Most Important Question In Investing: Who Has To Sell?

editorial@corenewsdaily.com (CoreNewsDaily Editorial) — Sat, 20 Jun 2026 00:00:00 GMT

Forced selling in investing creates stock market mispricing through index deletions, spinoffs, fund redemptions and institutional constraints.

Should you buy a home now or wait for lower rates?

editorial@corenewsdaily.com (CoreNewsDaily Editorial) — Sat, 20 Jun 2026 00:00:00 GMT

Mortgage expert Mitch Wilkins explains why you should marry the house and date the rate in today

S&P Futures Gain Ahead of First Fed Decision Under Warsh

editorial@corenewsdaily.com (CoreNewsDaily Editorial) — Wed, 17 Jun 2026 00:00:00 GMT

June S&P 500 E-Mini futures (ESM26) are up +0.11% this morning as investors await the first Federal Reserve rate decision under Kevin Warsh.

Mortgage rates are now falling but demand is still weaker

editorial@corenewsdaily.com (CoreNewsDaily Editorial) — Wed, 17 Jun 2026 00:00:00 GMT

A mixed week for mortgage rates resulted in less demand from both current homeowners and potential homebuyers.

SpaceX Stock: Market Valuation Set to Surpass Amazon After 3 Days

editorial@corenewsdaily.com (CoreNewsDaily Editorial) — Tue, 16 Jun 2026 00:00:00 GMT

SpaceX

Richest 1% of Americans now hold nearly a third of the country’s total wealth

editorial@corenewsdaily.com (CoreNewsDaily Editorial) — Tue, 16 Jun 2026 00:00:00 GMT

It is the largest percentage the Federal Reserve Board has recorded since it started monitoring the numbers in 1989.

New Fed Chair Warsh Faces His First Press Conference — What It Means for Your Money

editorial@corenewsdaily.com (CoreNewsDaily Editorial) — Mon, 15 Jun 2026 00:00:00 GMT

New Federal Reserve Chairman Kevin Warsh has talked at length in recent years about the U.S. central bank

AI-Powered Scams Cost Victims Billion Last Year — And It is Getting Worse

editorial@corenewsdaily.com (CoreNewsDaily Editorial) — Mon, 15 Jun 2026 00:00:00 GMT

Interpol estimates fraud cost victims $442B in 2025 as AI tools, deepfakes, and fraud-as-a-service kits industrialise scams from Lagos to Southeast Asia.

World Bank warns the 2020s are becoming a 'lost decade' for the global economy - 'barring a miracle'

editorial@corenewsdaily.com (CoreNewsDaily Editorial) — Fri, 12 Jun 2026 00:00:00 GMT

Global growth is now projected to slow to just\u00a02.5% in 2026, the weakest pace outside of outright recession in nearly 20 years.

U.S. equity funds record first weekly outflow in three weeks

editorial@corenewsdaily.com (CoreNewsDaily Editorial) — Fri, 12 Jun 2026 00:00:00 GMT

Investors pulled money out of U.S. equity funds in the week to June 10 on caution over \u200ba market selloff and expectatons that the Federal \u200cReserve would stay ha

SpaceX debut sparks trading frenzy, but threatens to suck oxygen out of stock market

editorial@corenewsdaily.com (CoreNewsDaily Editorial) — Fri, 12 Jun 2026 00:00:00 GMT

Elon Musk\u2019s historic SpaceX debut caused a trading frenzy Friday, shooting the company to a $2.15 trillion valuation \u2013 but its sheer size is threatening to suck

Why SpaceX is rocketing toward largest IPO in stock market history

editorial@corenewsdaily.com (CoreNewsDaily Editorial) — Thu, 11 Jun 2026 00:00:00 GMT

SpaceX, the rocket company founded by Elon Musk, will be going public and is expected to become the largest IPO in stock market history. Musk and the company ar

Trump cancels Iran strikes, touts imminent deal

editorial@corenewsdaily.com (CoreNewsDaily Editorial) — Thu, 11 Jun 2026 00:00:00 GMT

US President Donald Trump withdrew his threat of further strikes against Iran on Thursday and said a deal with Tehran to end the war could be signed in coming d

Oracle Shares Drop Sharply as Investors React to Large Capital Raise and AI Spending Plans

editorial@corenewsdaily.com (CoreNewsDaily Editorial) — Thu, 11 Jun 2026 00:00:00 GMT

Oracle

U.S. home sales surge to the fastest pace this year despite rising mortgage rates and prices

editorial@corenewsdaily.com (CoreNewsDaily Editorial) — Tue, 09 Jun 2026 00:00:00 GMT

Sales are still far below the historic norm. However, price growth is now lagging income growth in many areas, helping to improve affordability.

Trump's Economic Approval Hits Record Low as Iran War and Inflation Erode Public Confidence

editorial@corenewsdaily.com (CoreNewsDaily Editorial) — Tue, 09 Jun 2026 00:00:00 GMT

A new YouGov/Economist poll shows President Trump

South Korea's Kospi Stock Market Swings Wildly on AI Sell-Off

editorial@corenewsdaily.com (CoreNewsDaily Editorial) — Tue, 09 Jun 2026 00:00:00 GMT

South Korea

Trump’s Economy Polling Slides as Iran War Saps His Superpower

editorial@corenewsdaily.com (CoreNewsDaily Editorial) — Mon, 08 Jun 2026 00:00:00 GMT

President Donald Trump is barreling toward the midterm elections with a vulnerability that\u2019s something new in his political life: Voters are losing faith in the

OpenAI Files for IPO as AI Giants Race to Wall Street

editorial@corenewsdaily.com (CoreNewsDaily Editorial) — Mon, 08 Jun 2026 00:00:00 GMT

ChatGPT-maker OpenAI confidentially filed for a U.S. initial public offering, joining rival Anthropic in a push toward the stock market.

U.S. mortgage rates are staying high - and the Federal Reserve can do little about it

editorial@corenewsdaily.com (CoreNewsDaily Editorial) — Sat, 06 Jun 2026 00:00:00 GMT

Investors\u2019 inflation expectations, much more than the central bank, are among the factors that affect the cost of home loans.

New exchange of fire with Iran tests the fragile ceasefire

editorial@corenewsdaily.com (CoreNewsDaily Editorial) — Sat, 06 Jun 2026 00:00:00 GMT

The latest exchange of fire came as the Trump administration pressed Iran to make a deal to end the war that has strained the global economy and threatened a hu

Oil Shocks No Longer Trigger Recessions Like the 1970s, Federal Reserve Study Finds — But Inflation Is Still Coming for Your Wallet

editorial@corenewsdaily.com (CoreNewsDaily Editorial) — Thu, 04 Jun 2026 00:00:00 GMT

A Boston Fed study finds that rising domestic oil production has fundamentally changed how price shocks affect the US economy \u2014 less job destruction, but inflat

May Jobs Report Preview: Labor Market Shows Signs of Reset as Hiring Broadens Beyond Healthcare

editorial@corenewsdaily.com (CoreNewsDaily Editorial) — Thu, 04 Jun 2026 00:00:00 GMT

Economists expect Friday

The 'VOO and Chill' Economy Is Now Worth A Historic $1 Trillion

editorial@corenewsdaily.com (CoreNewsDaily Editorial) — Wed, 03 Jun 2026 00:00:00 GMT

VOO is the first ETF to surpass $1T in assets, cementing its lead over SPY and highlighting the dominance of low-cost passive investing.

Musk's SpaceX IPO could break the record for most money raised

editorial@corenewsdaily.com (CoreNewsDaily Editorial) — Wed, 03 Jun 2026 00:00:00 GMT

Prior mega-IPOs have come at market peaks, only for the stocks to decline. But trillion-dollar valuations will continue to remake the tech economy.

Mortgage demand falls 2.5%, refinancing continues to deteriorate

editorial@corenewsdaily.com (CoreNewsDaily Editorial) — Wed, 03 Jun 2026 00:00:00 GMT

Track MBA mortgage applications: composite, purchase & refinance indexes plus the latest 30-year fixed rate move to 6.57%.

Stock Market Opens June at Record Highs as NVIDIA Powers the AI Trade Forward

editorial@corenewsdaily.com (CoreNewsDaily Editorial) — Mon, 01 Jun 2026 00:00:00 GMT

Stock futures gained Monday to kick off a new month of trading after major indexes ended May at record highs, with news that Nvidia was entering the PC business

Saudi Arabia Is Tokenizing Its Trillion-Dollar Economy: What Sovereign Blockchain Means for Global Finance

editorial@corenewsdaily.com (CoreNewsDaily Editorial) — Mon, 01 Jun 2026 00:00:00 GMT

Uncover the impact of Saudi Arabia tokenization on global finance as it takes steps to create a sovereign-grade digital economy.

The AI economy could crash on mounting chip costs - and those token costs won't help

editorial@corenewsdaily.com (CoreNewsDaily Editorial) — Sat, 30 May 2026 00:00:00 GMT

Soaring GPU prices, debt-funded chip deals and an agentic token explosion \u2014 the cost of the hardware and compute powering AI could be what breaks it.

Russian spies are aggressively trying to steal Western technology as sanctions hit Putin's economy

editorial@corenewsdaily.com (CoreNewsDaily Editorial) — Sat, 30 May 2026 00:00:00 GMT

Russia also needs sanctioned computer technology and software updates for machine tools.

Venture Capital & Startup Funding Roundup, May 27, 2026

editorial@corenewsdaily.com (CoreNewsDaily Editorial) — Wed, 27 May 2026 00:00:00 GMT

The Airlines With The World's Most Superior Economy Class Seats In 2026

editorial@corenewsdaily.com (CoreNewsDaily Editorial) — Wed, 27 May 2026 00:00:00 GMT

Wells Fargo Is Betting on 3D-Printed Homes — and That's a Bigger Deal Than You Think

editorial@corenewsdaily.com (CoreNewsDaily Editorial) — Tue, 26 May 2026 00:00:00 GMT

Wells Fargo will provide a 50 basis point lender credit to buyers of Icon homes using its mortgages.

Russia's economy is much worse than it seems, and 'elites are increasingly alarmed' as GDP contracts

editorial@corenewsdaily.com (CoreNewsDaily Editorial) — Sun, 24 May 2026 00:00:00 GMT

While Russia has claimed its GDP expanded by about 13% between 2020 and 2024, Sweden

Trump Will Swear in Warsh on Friday to Lead U.S. Federal Reserve

editorial@corenewsdaily.com (CoreNewsDaily Editorial) — Thu, 21 May 2026 00:00:00 GMT

US News is a recognized leader in college, grad school, hospital, mutual fund, and car rankings. Track elected officials, research health conditions, and find n

Mortgage Rates, Now 6.5%, Hit Highest Level Since August

editorial@corenewsdaily.com (CoreNewsDaily Editorial) — Thu, 21 May 2026 00:00:00 GMT

The average rate on a 30-year mortgage in the United States rose amid growing concerns over inflation.

What Should Workers Do Before A Layoff Wave Hits Their Sector?

editorial@corenewsdaily.com (CoreNewsDaily Editorial) — Wed, 20 May 2026 00:00:00 GMT

The labor market

Mortgage Rates Near 7%: Homebuilder ETFs May Do Better Than REIT Funds

editorial@corenewsdaily.com (CoreNewsDaily Editorial) — Wed, 20 May 2026 00:00:00 GMT

Rising mortgage rates and bond yields are pressuring housing ETFs, with REIT funds facing greater risks than homebuilder ETFs.

Mortgage rates surge to highest level since July

editorial@corenewsdaily.com (CoreNewsDaily Editorial) — Tue, 19 May 2026 00:00:00 GMT

Mortgage rates continued to move higher Tuesday on uncertainty over the war with Iran. They are at the highest level since last July.

Trump approval drops amid economy, Iran war concerns

editorial@corenewsdaily.com (CoreNewsDaily Editorial) — Mon, 18 May 2026 00:00:00 GMT

Trump

The Major Differences Between This Bull Stock Market And The Late 1990s

editorial@corenewsdaily.com (CoreNewsDaily Editorial) — Mon, 18 May 2026 00:00:00 GMT

The biggest issue with the late 90s rally vs today\u2019s large-cap tech and growth market is accounting quality. Another difference is the lack of real euphoria aro

Why the Strait of Hormuz Crisis Should Terrify Every Business Owner

editorial@corenewsdaily.com (CoreNewsDaily Editorial) — Mon, 11 May 2026 00:00:00 GMT

The Strait of Hormuz disruption isn

Powell Out, Warsh Likely In: What a New Fed Chair Means

editorial@corenewsdaily.com (CoreNewsDaily Editorial) — Sat, 09 May 2026 00:00:00 GMT

Experts provide their thoughts on how Jerome Powell

The Federal Reserve Is Running Out of Reasons to Cut Interest Rates

editorial@corenewsdaily.com (CoreNewsDaily Editorial) — Fri, 08 May 2026 00:00:00 GMT

The Fed

US stocks hover just below records as oil slips on hopes of an Iran deal

editorial@corenewsdaily.com (CoreNewsDaily Editorial) — Thu, 07 May 2026 00:00:00 GMT

The U.S. stock market is hanging just below its records as oil prices keep dropping on hopes that a deal may be nearing to allow tankers to deliver crude once a

What Mamdani's fight with Ken Griffin means for NYC's economy

editorial@corenewsdaily.com (CoreNewsDaily Editorial) — Wed, 06 May 2026 00:00:00 GMT

Citadel CEO Ken Griffin said Zohran Mamdani\u2019s luxury-tax video may push the company to leave NYC for Miami, a move which other businessmen may follow.

Tariffs, War, and Inflation: Why Moody's Says the US Economy Is Under Siege From Both Sides

editorial@corenewsdaily.com (CoreNewsDaily Editorial) — Wed, 06 May 2026 00:00:00 GMT

Moody

Oil prices above $110 are starting to matter to the stock market again

editorial@corenewsdaily.com (CoreNewsDaily Editorial) — Tue, 05 May 2026 00:00:00 GMT

The correlation between stocks and oil, which is the most inverted it

US debt exceeds GDP for first time since WW II as Fitch warns credit rating could fall further

editorial@corenewsdaily.com (CoreNewsDaily Editorial) — Sun, 03 May 2026 00:00:00 GMT

America

Ross Gerber Warns Private Market Assets Are Overvalued And Risky For Investors

editorial@corenewsdaily.com (CoreNewsDaily Editorial) — Sun, 03 May 2026 00:00:00 GMT

Ross Gerber has accused large private-market players of keeping troubled private credit and private equity marked at inflated levels, then said wirehouses are s

What the Fed's Rate Pause Actually Costs You — And How to Fight Back

editorial@corenewsdaily.com (CoreNewsDaily Editorial) — Fri, 01 May 2026 00:00:00 GMT

The Federal Reserve held rates steady again. Here

US Economy Grew 2% in Early 2026, But Stagflation Clouds Loom as Iran War Pushes Inflation Higher

editorial@corenewsdaily.com (CoreNewsDaily Editorial) — Fri, 01 May 2026 00:00:00 GMT

The Number Looks Fine. The Picture Doesn't.

The Hidden Costs of the Fed's Rate Pause

editorial@corenewsdaily.com (CoreNewsDaily Editorial) — Fri, 01 May 2026 00:00:00 GMT

The Federal Reserve didn

Oil Shock, Rate Holds, and the Stagflation Trap: Why Global Central Banks Are Stuck

editorial@corenewsdaily.com (CoreNewsDaily Editorial) — Fri, 01 May 2026 00:00:00 GMT

Three of the world's most important central banks — the Federal Reserve, the Bank of England, and the Bank of Japan — all held interest rates steady this week. The Fed kept its benchmark at 4.25-4.

World shares are mixed and oil prices jump more than 3% after the UAE says it will exit OPEC