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Rate hike bets fading with risk-on – ING

ING’s Frantisek Taborsky notes that Central and Eastern European FX has benefited from improved global risk sentiment, even as elevated energy prices still imply some inflation. Markets have scaled back rate hike expectations from 2–3 to 1–2 moves since the US–Iran conflict began, while upcoming Czech National Bank and National…

Former Uber self-driving chief says crashing his Tesla in FSD exposed this big risk with AI

The former head of Uber’s self-driving program says a Tesla crash taught him a lesson about “overtrusting” AI.In an essay published Tuesday in The Atlantic, Raffi Krikorian wrote that his Tesla Model X was “totalled” after it crashed, with him at the wheel, into a wall while in Full Self-Driving mode last year.”Something felt off—the steering wheel jerked one way, then the other, and the car decelerated in a way I didn’t expect. I turned…

Finance news

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From lobster hats to claw hands: OpenClaw’s internet moment

The hottest accessory in tech right now is a lobster. Loading audio narration… They’re showing up everywhere: perched on heads as plush hats, frozen midair in claw-hand poses, even ending up on dinner plates in celebration of the OpenClaw hype.In a February episode of the “Y Combinator” podcast, CEO Garry…

Business

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Costco offers fertility treatments discounts with up to 80% savings nationwide

Costco is making a bold move into fertility care.  The membership-only retailer announced last Monday it will begin offering fertility treatments to customers at a steep discount through a new nationwide partnership with healthcare providers.The initiative brings together telehealth provider Sesame and fertility clinic IVI RMA North America to provide…

Investing

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