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Dow Jones sits out the disinflation party

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…

Mark Cuban says AI can expose where employers are getting ‘ripped off’ by health insurers

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…

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Meta is doubling down on its Louisiana AI data center

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,…

Business

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Investing

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