MACRO
Fed Officials Say Higher Interest Rates Are Needed to Reach 2% Inflation Goal
Three Federal Reserve officials on Monday said policymakers will need to raise interest rates further this year to bring inflation back to the central bank’s goal.Bond Market Gets Limited Relief as Yields Reach 2023 Highs.
The Fed held interest rates steady in June after raising them for 10 straight meetings to a rang...

Neuralink, Elon Musk’s brain-implant company, said on Thursday it had received a green light from the US Food and Drug Administration (FDA) to kickstart its first in-human clinical study, a critical milestone after earlier struggles to gain approval.
Musk has predicted on at least four occasions since 2019 that his medical device company would begin human trials for a brain implant to treat severe conditions such as paralysis...

MACRO
Biden Says Debt Ceiling Agreement Reached to Avert US Default
President Joe Biden said he and House Speaker Kevin McCarthy reached a final agreement to avert a historic US default after the two spoke again Sunday afternoon. "We've got good news. I've just spoken with Speaker McCarthy. We have a bipartisan budget agreement,” Biden said to reporters at the White House. He urged both chambers of Congress to pass th...