Soaring Memory Prices To Push Core PCE Up 0.5% As Fed Issues Red Alert
"the combined effects of AI-induced increases in memory, software, and electricity prices will add to 0.5% by year-end."
"the combined effects of AI-induced increases in memory, software, and electricity prices will add to 0.5% by year-end."
Qatari mediators currently on the ground in Tehran...
There's something very pernicious, very suspect about the idea of the government being venture capitalists...
It's not clear with which order the Department of Homeland Security will comply.
China's AI models are reaching a critical point of intelligence performance vs. global proprietary models, with a significant ramp up in domestic enterprise and global SME adoption that will enable a positive data flywheel of further model improvement.
The first is the global refining utilization rate.
SpaceX has scheduled the launch of its Transporter-17 rideshare mission for Tuesday, July 7.
Developed market central banks have turned into net “hikers” for the first time since 2022... All else being equal, it’s a bearish sign for equities...
In a social media post, Pritzker called the ruling "a victory in the fight to end gun violence..."
"One may ask how investors, looking back in two years, will come to view the timing and meaning of SK Hynix's U.S. offering?"
Weekend at Mitch's?
The health secretary is planning to establish a table of injuries that would be covered by the government.
Shares erupt. Citi views "positive" for stock.
The crude oil production in June, at 4.1 million bpd, was the highest ever on record for the UAE, nearly double the output in March 2026 at the start of the Hormuz crisis
"An escalation in hostilities on 7-8 July, however, clouds the outlook and could upend the forecast that sees the market flipping to a surplus next year"
Traffic through the Strait remains at “reduced levels,” (around 24% of pre-war transit) even though US-assisted vessel transits have been largely uninhibited.
It's performative...
Polymarket's application to allow users to take positions that are not fully collateralized follows authorization granted to rival Kalshi in March.
A 61-year-old Serbian man was almost sucked out of a Ryanair flight after a piece of the plane's engine broke off and struck a window on the Boeing 737-800, causing it to shatter.
"Any meaningful reallocation back towards domestic assets should be a source of support for the Yen, in addition to any rise in recession risk or more aggressive BoJ hikes"
