BizToc

New York City had a higher cost of living last year, when it was ranked the 6th most expensive. However, it still remains more expensive than other major American cities like Los Angeles, which was No. 20, and San Francisco, at No. 25.

Bloomberg

One of last year's hottest Chinese stock fund managers has turned into one of this year's worst, thanks to regulatory crackdowns

Bloomberg Markets

Iran said the U.S. had agreed to lift sanctions on Iran’s oil industry and banks but the main issues stalling efforts by world powers to revive the nuclear deal are linked to penalties that go back to 2015

Business Insider

Lotus silk is only extracted by a few skilled craftspeople across the world. A single lotus silk scarf can sell for over $200

CNN

Five years after the Brexit vote, the United Kingdom is more divided than ever | Analysis by @lukemcgee

Lisa Abramowicz

Related: Wall Street firms are increasingly plowing into owning suburban rental homes as they see potential for further price gains.

Jim Cramer

how to get Nvidia the Second to play nice with poor Marley

NYT Business

“There’s sort of a perfect storm of very strong demand and weak supply due to the reopening of the economy,” said the Federal Reserve chair, adding that much or all of the recent overshoot in inflation came from short-term bottlenecks.

Forbes

Just four states haven't fully reopened yet—here's what they are waiting for:

Fast Company

3 digital side hustles (including NFTs) for creatives to build a business

Economic Times

India Pesticides plans to raise Rs 100 crore through the issue of fresh equity and Rs 700 crore through an offer for sale of existing shares

Bloomberg

Bubble Expert Jeremy Grantham Addresses ‘Epic’ Equities Euphoria +++ New Yorkers Confront a Novel Way to Vote and Weigh Their Choices +++ NYC Mayoral Primary Reaches Finale, Driven by Inequity and Crime +++ NYC Voters Chart Post-Pandemic Course After Fractious Mayor Race +++ Yang Unfazed Garcia Didn’t Reciprocate Support: Election Update +++ Powell Says Inflation From Reopening Larger Than Expected +++ Stocks Rebound With All Eyes on Fed’s Rhetoric: Markets Wrap +++ Treasury Nominee Says Crypto Is Anti-Money Laundering Priority +++ Bitcoin’s Money-Printing Machine Breaks Down as Futures Collapse +++ MicroStrategy Leads Crypto Stock Slump as Bitcoin Bounces +++ Housing Market ‘Gone Berserk’ Stirs Unease Over Investors’ Clout +++ Gold Steadies as Dollar Strengthens Ahead of Powell Testimony

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ZeroHedge

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Inside.com

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Morning Brew

Airlines Struggle to Handle Surge in Unruly Passengers and In-Flight Violence +++ Key Performance Indicators: June 23 +++ US Likely Won’t Hit Vaccination Goal by Fourth of July, Says White House +++ Tinder Rolls Out Biggest Update in Years +++ Blackstone to Buy Rental Firm Home Partners of America for $6B +++ Word Search

The Hustle

Stripe rolls out a super-fast ID verification tool +++ Roku was spun out of Netflix and is now pursuing the streaming giant’s playbook +++ Songtradr raised $50m to help it become the leading B2B music marketplace +++ Will advertisers’ gamble on the Tokyo Olympics pay off? +++ Airbnb and Vrbo grapple for more hosts amid fresh demand +++ How PCs became giant smartphones

CNBC

CBS

NYT Business

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Real-Time

Phoenix Suns, Los Angeles Clippers, Chris Paul, NBA, Western Conference

The injury woes continue for hard-throwing Blue Jays prospect Nate Pearson. 6 hours ago. Yahoo Sports ...

Cattle, Pico Rivera, Los Angeles

A herd of cows led sheriff's deputies on a chase through a city in southeastern Los Angeles County on Tuesday evening after escaping from a slaughterhouse, according to reports.

Chicago White Sox, Pittsburgh Pirates

PITTSBURGH (AP) — Pinch-hitter Erik Gonzalez's two-run single highlighted a four-run rally in the seventh inning as the Pittsburgh Pirates beat the skidding Chicago White Sox 6-3 on Tuesday night. A three-run homer by pinch-hitter Yasmani Grandal in the ...

New York Yankees, Kansas City Royals, Gerrit Cole, Luke Voit

NEW YORK (AP) — Gerrit Cole's strikeouts and spin rate dropped as he pitched for the first time since Major League Baseball's crackdown on sticky substances, and Ryan O'Hearn and the Kansas City Royals rallied against the Yankees' bullpen for four runs ...

Tampa Bay Rays, Boston Red Sox, MLB

ST. PETERSBURG, Fla. (AP) — Wander Franco hit a three-run homer and doubled in his big league debut for the Tampa Bay Rays, who lost their seventh straight in falling to the Boston Red Sox 9-5 in 11 innings Tuesday night.

Electric vehicle, Charging station, BP

BP has invested $7 million in electric vehicle-charging firm IoTecha in an effort to accelerate global adoption of EVs. While the dollar figure is relatively small, the company's investment represents a growing commitment to cleaner energy and marks another ...

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