U.S. News
Household worries over finances hit highest level since July 2022, New York Fed survey shows
While the central bank’s monthly survey showed the inflation outlook mostly unchanged, the general perception of conditions deteriorated.
Household worries over finances hit highest level since July 2022, New York Fed survey shows
While the central bank’s monthly survey showed the inflation outlook mostly unchanged, the general perception of conditions deteriorated.
Food supply ‘not at risk’ after new Texas screwworm cases, USDA secretary says
The U.S. will lean on the same playbook it did starting in the late 1950s, part of which involves releasing sterile insects to suppress the pest’s population.
Airline profits set to halve this year as fuel costs jump by $100 billion: IATA
“The big unknown is how long travelers and shippers can tolerate the higher costs,” IATA’s Willie Walsh said.
Trump insists negotiations are continuing despite Israel and Iran trading strikes
Iran and Israel striking each other threatens the fragile ceasefire between the U.S. and Iran has been in place since early April.
‘Bring ’em on’: Delta wants United’s crown over the Pacific, too
Delta’s president, Peter Carter, told CNBC that the carrier wants to take United on over the Pacific.
Google to pay SpaceX $920 million a month for compute capacity at xAI data centers
Ahead of a planned IPO, SpaceX inked a deal to rent compute capacity to Google for $920 million per month for 32 months.
Trump wants Bill Pulte to fire big chunk of national intelligence office staff: WSJ
President Trump’s comments are sure to roil members of Congress who criticized the appointment of Bill Pulte as acting national intelligence director.
Hot jobs report puts Fed cuts further out of reach as Chair Warsh faces policy tests
Another big jobs report in May has swept aside the possibility of interest rate cuts anytime soon.
Model routing is a fix for AI overspending. That’s a problem for OpenAI and Anthropic
Companies are shifting from running everything on the most powerful AI model to matching each task to the right one, a practice called model routing.
AI is designing OpenAI’s next model in a sign of ‘superintelligence’: SoftBank’s Masayoshi Son to CNBC
SoftBank CEO Masayoshi Son said his forecast of artificial superintelligence arriving in 10 years was “conservative” and thinks it will be here sooner.
U.S. payrolls rose by 172,000 in May, much more than expected; unemployment at 4.3%
Nonfarm payrolls were expected to increase by 80,000 in May while the unemployment rate held at 4.3%.
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