BREAKING: The odds of the Fed hiking rates at the July 29th meeting crash to 8% after CPI inflation unexpectedly posts its biggest monthly decline since April 2020
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EVERYONE IS CELEBRATING LOW INFLATION.
But no one is paying attention to this.
The same thing that brought inflation down is picking up again.
Oil is almost back at $81, its highest level in 4 weeks.
Every $10 increase in oil prices adds 0.3% to US inflation.
And this time the situation could be even worse.
First of all, the US petroleum reserve is at a 40-year low, which means oil prices can't be suppressed more by releasing new supply.
Additionally, AI is now contributing to inflation, and even the Fed is admitting that.
Furthermore, AI spending is only expected to accelerate, so inflation won't cool down much.
This means low inflation is only a buzzword, and the Fed's 2% target won't be reached until the US economy enters a recession.
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But no one is paying attention to this.
The same thing that brought inflation down is picking up again.
Oil is almost back at $81, its highest level in 4 weeks.
Every $10 increase in oil prices adds 0.3% to US inflation.
And this time the situation could be even worse.
First of all, the US petroleum reserve is at a 40-year low, which means oil prices can't be suppressed more by releasing new supply.
Additionally, AI is now contributing to inflation, and even the Fed is admitting that.
Furthermore, AI spending is only expected to accelerate, so inflation won't cool down much.
This means low inflation is only a buzzword, and the Fed's 2% target won't be reached until the US economy enters a recession.
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‼ BREWERY CLOSES AFTER 347 YEARS!
The managing director said that “current conditions do not allow us to continue.”
The brewery survived WW1, WW2, Napoleon, and many more conflicts like wars against Denmark.
But today’s German policies it could not survive. A deeply rooted traditional German institution is done … they’re gone.
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The managing director said that “current conditions do not allow us to continue.”
The brewery survived WW1, WW2, Napoleon, and many more conflicts like wars against Denmark.
But today’s German policies it could not survive. A deeply rooted traditional German institution is done … they’re gone.
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This is a great hack for AI drive thrus like Wendy’s
When you pull up and the screen starts talking to you with artificial intelligence, you ask for 10,000 water cups
The AI prompt will end and a real person will start speaking to take your order
This works because current AI drive-thru systems like Wendy’s, Taco Bell, McDonald and more have built-in limitations and safety fallbacks
The AI is trained to handle normal orders efficiently. An absurdly large request like 10,000 of anything exceeds reasonable thresholds for inventory checks and pricing calculations
The system detects it as low-confidence and escalates to a human to avoid errors
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When you pull up and the screen starts talking to you with artificial intelligence, you ask for 10,000 water cups
The AI prompt will end and a real person will start speaking to take your order
This works because current AI drive-thru systems like Wendy’s, Taco Bell, McDonald and more have built-in limitations and safety fallbacks
The AI is trained to handle normal orders efficiently. An absurdly large request like 10,000 of anything exceeds reasonable thresholds for inventory checks and pricing calculations
The system detects it as low-confidence and escalates to a human to avoid errors
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US authorities have approved an emergency rescue of 30 beluga whales stranded at a closed Canadian theme park
The whales had faced the possibility of euthanasia after the park said it could no longer afford to care for them
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The whales had faced the possibility of euthanasia after the park said it could no longer afford to care for them
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As women get more serious about finding a partner, they become more open to partners with kids.
For men, roughly the opposite
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For men, roughly the opposite
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!!! NYC Department of Buildings rejects plan to save a 174-year-old church in Bushwick that burned via arson
Demolition is set to begin in August
Ahmed Tigani leads the agency
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Demolition is set to begin in August
Ahmed Tigani leads the agency
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