The June Consumer Price Index (CPI) fell 0.4% on the month against consensus for a 0.1% decline, following May’s 0.5% increase, and the annual rate dropped to 3.5% from 4.2%, well under the 3.8% forecast. Core prices were flat MoM and eased to 2.6% YoY versus 2.8% expected. June’s slide…
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If you’re an employer trying to reduce healthcare costs, Mark Cuban says your first port of call should be an AI chatbot.The billionaire entrepreneur says large language models like ChatGPT, Claude, and Gemini can analyze lengthy healthcare contracts and identify where companies are overpaying or being taken advantage of.”Run them all. Every healthcare contract you have run through Claude or whatever, and just say, ‘Where am I getting ripped off?'” Cuban said in an episode…
For better or worse, America treats retirement like a personal problem. Yes, there’s Social Security,…
BNY Markets’ John Velis and David Tam note that June Consumer Price Index (CPI) is…
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Meta is scaling up what was already slated to become its largest AI data center, a Louisiana campus that the tech giant says has fueled “life-changing returns” for local teachers and businesses.The company behind Facebook and Instagram said in a blog post on Monday that the Richland Parish data center,…
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Senator Lindsey Graham was a great American patriot. He was a freedom fighter. He was a throwback to an older Republican party that shunned isolationism and understood that America must never retreat from its friends, its allies, or the cause of freedom. He was a great friend of Israel at…
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AI is making a lot of people rich. You might not be one of them, says Palantir CEO Alex Karp — and that’s the problem.In an interview with Axel Springer CEO Mathias Döpfner, Karp said AI will likely raise living standards broadly, but the scale of gains at the very…
