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Key Words: Suze Orman says to do this right now if you’re worried about inflation

The rate of U.S. inflation reached a 40-year high of 8.6% in May

: U.K finance minister and health secretary both resign

The U.K. Chancellor of the Exchequer or finance minister, Rishi Sunak, and the U.K. Health Secretary, Sajid Javid, have both quit their Cabinet posts, the BBC reported Tuesday.

: Kohl’s failed takeover was just one of a wave of abandoned deals amid market volatility

Kohl's announced that takeover talks had ended with Franchise Group, one of at least three deals that have recently terminated due to market conditions

: Tesla analysts trim their estimates after deliveries fall

Wall Street got busy Tuesday rewriting some of its estimates for Tesla Inc. after the electric-car maker reported fewer quarterly deliveries, its proxy for sales, and production numbers over the long weekend.

Key Words: ‘No way’: Missouri attorney general threatens to sue cities that help cover out-of-state abortion travel

The lawsuit threat came after Kansas City, Mo., passed legislation that could reimburse city employees' travel costs.

Currencies: Dollar soars as recession fears finally hit the round-the-clock currency market

After more than a month of evaluation, the currency market sees recession turning into “global phenomenon,” said Tom Nakamura of AGF Investments in Toronto.

Economic Outlook: The U.S. won’t officially be in recession if GDP shrinks again — and here’s why

Since World War Two the U.S. economy has never shrunk for two quarters in a row without a recession being declared. But an exception to the rule could happen soon.

The Margin: Wimbledon 2022 prize money: How much will each winner make?

The $2.5 million prize for the 2022 champion represents a 19% increase from last year. Plus, how much players will make even if they lose in the first round.

The Tell: Credit Suisse cuts S&P 500 target again for 2022 as U.S. stocks sink

Credit Suisse Group analysts have again cut their price target for the S&P 500, lowering their estimate for the U.S. stock-market benchmark by 600 points to 4,300.

Commodities Corner: Recession worries pull U.S. oil prices below $100, but ‘bleak’ supply picture suggests a bargain

Concerns about a recession and a drop in energy demand led to a drop in U.S. benchmark West Texas Intermediate crude-oil prices below the $100 -a-barrel mark on Tuesday for the first time in months. That's contributed to talk of a potential "buying opportunity" for traders, even as some analysts expect further price declines.

: Most essential workers have seen their pay increase during the pandemic — but many still don’t believe they’re being paid a fair wage

'Tepid wage increases are part of the reason for the Great Resignation,' one expert said.

The Fast Foodist: No more extra pickles? Subway’s new menu doesn’t allow for customization on these 12 sandwiches

The chain says its Subway Series sandwiches are 'expertly crafted.' But will customers be OK with the fact they can't decide what goes into them?

The Wall Street Journal: Spotify rival Deezer’s stock plunges in trading debut

Shares in French music-streaming service Deezer fell in their first day of trading, a fresh sign of the difficult environment facing startups and loss-making companies.

The Moneyist: ‘I am a 53-year-old single man with very little savings’: I want to take out a 30-year mortgage, but pay it off in 7 years. Is that possible?

‘My credit-union credit card allows me to make a balance transfer at 0% financing with no fee once a year.’

Personal Finance Daily: Most essential workers have seen their pay increase during the pandemic — but many still don’t believe they’re being paid a fair wage and the Missouri attorney general threatens to sue cities that help cover out-of-state abortion travel

Tuesday's top personal finance stories.