Anthropic just made a move that feels less like a modest expansion and more like a shot across the bow in the world of enterprise artificial intelligence (AI). The company acquired Fractional AI -- a developer of generative AI enterprise applications -- as part of its strategy to launch its own consulting venture. This move signals that Anthropic is no longer content being one of many providers of...
Anthropic just made a move that feels less like a modest expansion and more like a shot across the bow in the world of enterprise artificial intelligence (AI). The company acquired Fractional AI -- a developer of generative AI enterprise applications -- as part of its strategy to launch its own consulting venture. This move signals that Anthropic is no longer content being one of many providers of frontier generative AI models. Rather, it is entering the messy world of on-the-ground AI deployment -- a market that Palantir Technologies (PLTR 0.41%) has dominated for years. Could Anthropic actually make a dent in Palantir's position as an AI operating system supplier for major corporations? Palantir's paradox: Glorified consultant or SaaS powerhouse? Prior to the AI revolution, many on Wall Street viewed Palantir less as a pure software company and more as a consultancy in software-as-a-service (SaaS) clothing. This critique is not entirely without merit. Indeed, Palantir's software platforms -- Foundry for commercial data integration and Gotham for government agency analytics -- deliver recurring subscription revenue. However, some of the company's success comes from forward deployed software engineers. These Palantir employees get embedded on-site within client organizations, where they help clients make sense of unstructured data and get more value out of the services Palantir offers. Palantir's revenue features platform licenses mixed with professional services fees. This model creates sticky, multiyear contracts that appear more like bespoke consulting retainers than plug-and-play software subscriptions. However, describing it as a consulting firm is too narrow a view. The human layer is precisely what helps create the company's lock-in. Once Palantir's engineers design an ontology -- a map of the client's entire data universe -- and train AI agents on its workflows, the switching costs involved in moving to a rival player's service become excessive. Anthropic's ...
Key Points The U.S. Federal Reserve brought the 2022 inflation crisis under control by aggressively increasing interest rates. Oil prices are currently spiking because of the ongoing war in Iran, and the latest inflation reading just came in at a three-year high. Wall Street is now pricing in a 68% chance of an interest rate hike before the end of 2026, which could trigger a decline in the stock m...
Key Points The U.S. Federal Reserve brought the 2022 inflation crisis under control by aggressively increasing interest rates. Oil prices are currently spiking because of the ongoing war in Iran, and the latest inflation reading just came in at a three-year high. Wall Street is now pricing in a 68% chance of an interest rate hike before the end of 2026, which could trigger a decline in the stock market. 10 stocks we like better than S&P 500 Index › Last week, Kevin Warsh was sworn in as the new chairman of the U.S. Federal Reserve. He served on the Fed's Board of Governors from 2006 to 2011, and he also spent several years on Wall Street. He will need every bit of that experience in his new role, because the U.S. economy might be facing another inflation crisis. One of the Fed's primary objectives is to keep the Consumer Price Index (CPI) measure of inflation increasing at a rate of around 2% per year. However, because of the recent surge in oil prices caused by the ongoing war in Iran, the CPI just increased at the fastest pace in three years. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » As a result, Warsh might have to oversee at least one interest rate increase later this year, which could be bad news for the S&P 500 (SNPINDEX: ^GSPC) stock market index. The Fed might have to reverse some of its recent interest rate cuts The CPI hit a 40-year high of 8% in 2022, which prompted the Fed to embark on one of the most aggressive campaigns in its history to raise the federal funds rate (the benchmark overnight interest rate). Over an 18-month period between March 2022 and August 2023, the central bank raised the effective rate from a historic low of 0.1% to 5.3%. The policy seemed to work, because inflation settled at an annualized rate of around 2.9% in 2024, which allowed policymakers to start c...
Key Points SaaS stocks have struggled throughout 2026 as investors worry about competition from Anthropic and other AI tools. Palantir hasn't been hit as harshly as its peers, in part due to the company's unique business model. As part of its push into AI enterprise consulting, a market that Palantir dominates, Anthropic recently acquired Fractional AI. 10 stocks we like better than Palantir Techn...
Key Points SaaS stocks have struggled throughout 2026 as investors worry about competition from Anthropic and other AI tools. Palantir hasn't been hit as harshly as its peers, in part due to the company's unique business model. As part of its push into AI enterprise consulting, a market that Palantir dominates, Anthropic recently acquired Fractional AI. 10 stocks we like better than Palantir Technologies › Anthropic just made a move that feels less like a modest expansion and more like a shot across the bow in the world of enterprise artificial intelligence (AI). The company acquired Fractional AI -- a developer of generative AI enterprise applications -- as part of its strategy to launch its own consulting venture. This move signals that Anthropic is no longer content being one of many providers of frontier generative AI models. Rather, it is entering the messy world of on-the-ground AI deployment -- a market that Palantir Technologies (NASDAQ: PLTR) has dominated for years. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Could Anthropic actually make a dent in Palantir's position as an AI operating system supplier for major corporations? Palantir's paradox: Glorified consultant or SaaS powerhouse? Prior to the AI revolution, many on Wall Street viewed Palantir less as a pure software company and more as a consultancy in software-as-a-service (SaaS) clothing. This critique is not entirely without merit. Indeed, Palantir's software platforms -- Foundry for commercial data integration and Gotham for government agency analytics -- deliver recurring subscription revenue. However, some of the company's success comes from forward deployed software engineers. These Palantir employees get embedded on-site within client organizations, where they help clients make sense of unstructured data and get more va...
According to Scaramucci, the median U.S. home price now sits around $432,000, while the income needed to comfortably afford that home is roughly $160,000. Meanwhile, median household income, he said, is $84,000. He pointed to housing affordability as one of the clearest examples of the problem. “You just stole 30% of his life,” he said on the podcast while discussing the decline in purchasing powe...
According to Scaramucci, the median U.S. home price now sits around $432,000, while the income needed to comfortably afford that home is roughly $160,000. Meanwhile, median household income, he said, is $84,000. He pointed to housing affordability as one of the clearest examples of the problem. “You just stole 30% of his life,” he said on the podcast while discussing the decline in purchasing power for hourly workers since 2020. Scaramucci said that inflation has quietly devastated people who rely on wages instead of assets. The conversation focused heavily on economic anxiety in the U.S. and the growing divide between wealthy Americans and working-class families. Trending: What If Your Investment Income Didn't Rely Entirely on Market Swings? Some Investors Are Taking a Different Approach “We’ve got Republican senators asking me for opposition research on you,” he recalled being told. “Get this guy out of here.” “He said, ‘What the hell are you doing?'” Scaramucci said on the podcast. “I said, ‘What do you mean?’ He said, ‘You can’t talk like that from the White House. You’re talking directly to the American people.'” He recalled giving a press conference from the White House shortly after taking the role. Afterward, he said a political ally called him with a warning. Scaramucci, who famously spent just 11 days as White House communications director in 2017, said he quickly learned how political power works behind the scenes. Investors With $1M+ Often Use Advisors for Tax Strategy — This Tool Matches You With One in Minutes Scaramucci didn’t elaborate further, but the comment appeared to reference the political and media backlash Musk has faced following his involvement in government reform efforts, his ties to the Department of Government Efficiency initiative and his increasingly outspoken political views. “On Wall Street, we are front stabbers. In Washington, they’re backstabbers,” the SkyBridge Capital founder said during a recent RiskReversal Media podcast . “L...
Shares of Micron Technology (MU 1.23%) have been surging in the past year, and the company, which sells memory and storage products, has a valuation that may still not look all that expensive given ongoing product shortages. Memory is in high demand, and that has enabled the business to generate robust results, with not only sales volumes rising significantly but Micron being able to raise prices....
Shares of Micron Technology (MU 1.23%) have been surging in the past year, and the company, which sells memory and storage products, has a valuation that may still not look all that expensive given ongoing product shortages. Memory is in high demand, and that has enabled the business to generate robust results, with not only sales volumes rising significantly but Micron being able to raise prices. The net effect has been a business that's been growing at a fast rate on both its top and bottom lines. And when that happens, its valuation can still appear modest, potentially convincing investors that it's still a good buy, with even more upside. Today, the stock is sitting on gains of nearly 700% over the past 12 months, and its market cap is just under $850 billion. With strong quarterly results still likely ahead for the company this year, is it inevitable that Micron Technology joins the trillion-dollar club in 2026? Why investors still believe the stock looks cheap Micron Technology stock, despite its impressive gains over the past year, trades at a seemingly modest price-to-earnings multiple of 35. I say modest because after such a significant run-up in value, you might expect its valuation to be a whole lot higher than that. Many top growth stocks can trade at P/E multiples in excess of 30, and investors may not bat an eye. When you look at its forward P/E, however, which is based on analyst expectations of its growth for the year ahead, then that's when you might really believe the stock is cheap. Micron trades at a forward P/E of less than eight. And its price-to-earnings-growth (PEG) multiple is less than 0.30; anything below 1.0 would normally be considered a bargain. At these kinds of multiples, it's easy to see why investors remain incredibly bullish on the stock. Expand NASDAQ : MU Micron Technology Today's Change ( -1.23 %) $ -9.34 Current Price $ 752.76 Key Data Points Market Cap $847B Day's Range $ 747.20 - $ 780.16 52wk Range $ 92.22 - $ 818.67 Volume ...
After Stephen Colbert's viral talk show parody, CBS backs down from copyright action toggle caption Evan Agostini/Evan Agostini/Invision/AP/Invision CBS and parent company Paramount have backed away from efforts to limit reposting of Stephen Colbert's mock appearance as host of a Michigan public access show called "Only In Monroe." Colbert posted the hour-long parody a day after being ousted from ...
After Stephen Colbert's viral talk show parody, CBS backs down from copyright action toggle caption Evan Agostini/Evan Agostini/Invision/AP/Invision CBS and parent company Paramount have backed away from efforts to limit reposting of Stephen Colbert's mock appearance as host of a Michigan public access show called "Only In Monroe." Colbert posted the hour-long parody a day after being ousted from his nearly 11-year-long run at "The Late Show." "It's been an excruciating 23 hours without being on TV," Colbert joked during the program. "So I am grateful to be here on Monroe Community Media, before they also get acquired by Paramount." Sponsor Message The deadpan appearance, which featured rockstar Jack White as an even more deadpan sidekick, quickly went viral. The program was reposted widely on Youtube and other social media platforms, leading CBS to initially fire off copyright protection notices. "Paramount is apparently trying to suppress copies of "Only in Monroe" from appearing on other social platforms by filing frivolous copyright notices," wrote long-time media reporter Matthew Keys Sunday on X. In a statement to NPR on Monday, CBS said that Colbert's "Only In Monroe" episode was "financed and produced by CBS studios" and was approved for distribution on only three Youtube channels: The Late Show, Monroe Community Media and Colbert's personal channel. "As is our regular practice, we send copyright notices to unauthorized websites that post copyrighted content from CBS and our network/studio talent such as Stephen Colbert," the statement said. "However, for this episode, [we] have decided to waive further enforcement of this standard industry practice until additional review." CBS canceled Colbert's top-rated late-night show in July 2025, describing the move as a financial decision. But the cancellation also came as Paramount Global – which owns CBS – sought the Trump administration's approval for its $8.4 billion merger with Skydance Media. Colbert, a frequen...
Two teenagers were in police custody in northwestern France on Monday, a day after an 11-year-old boy was found dead with a wet towel tied around his neck, prosecutors said. The boy was found on the banks of the Vilaine river in the northwestern city of Rennes with a wet bath towel tied tightly around his neck, prosecutors said on Sunday. On Monday, a 16-year-old boy was detained at his home, whil...
Two teenagers were in police custody in northwestern France on Monday, a day after an 11-year-old boy was found dead with a wet towel tied around his neck, prosecutors said. The boy was found on the banks of the Vilaine river in the northwestern city of Rennes with a wet bath towel tied tightly around his neck, prosecutors said on Sunday. On Monday, a 16-year-old boy was detained at his home, while a 15-year-old girl was detained after presenting herself to police, Rennes prosecutor Frederic Teillet said in a statement. Advertisement “It is therefore the two young people who were seen with the victim at the scene on the afternoon of the incident who are currently in police custody” on charges of “murder of a minor”, Teillet said. The victim was 11 years old, and not 12 as initially announced, Teillet said. Advertisement The boy’s body was found after a fisherman alerted police to cries of a child in the area, a police source told Agence France-Presse.
JD.com Inc. (NASDAQ:JD) is one of the cheap NASDAQ stocks to buy right now. On May 12, JD.com announced its financial results for Q1 2026, reporting net revenues of RMB315.7 billion, a 4.9% increase year-over-year. Net income attributable to ordinary shareholders was RMB5.1 billion, while non-GAAP net income reached RMB7.4 billion. JD Retail showed strong performance with an operating margin of 5....
JD.com Inc. (NASDAQ:JD) is one of the cheap NASDAQ stocks to buy right now. On May 12, JD.com announced its financial results for Q1 2026, reporting net revenues of RMB315.7 billion, a 4.9% increase year-over-year. Net income attributable to ordinary shareholders was RMB5.1 billion, while non-GAAP net income reached RMB7.4 billion. JD Retail showed strong performance with an operating margin of 5.6%, reaching record profitability levels. The company also continued its share repurchase program, buying back approximately 1.6% of its outstanding shares for $631 million during the quarter. The company highlighted ongoing operational progress across its segments, including JD Logistics’ technological advancements and the international expansion of its Joybuy retail service in Europe. Additionally, boards of several subsidiaries approved restricted share unit grants to Richard Qiangdong Liu to support long-term value creation. Here is Why JD.com (JD) is One of the Cheap NASDAQ Stocks to Buy Right Now JD.com Inc. (NASDAQ:JD) is an internet retail and supply chain-based technology company. It also acts as a service provider and has three segments: JD Retail, JD Logistics, and New Businesses. While we acknowledge the potential of JD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. Disclosure: None. Follow Insider Monkey on Google News.
Four senior lawyers, including the former attorney general Dominic Grieve, have written to Keir Starmer urging him to request that Indian prosecutors drop charges against the British national Jagtar Singh Johal on the basis that continued prosecution would be in manifest breach of the double jeopardy rule which prevents someone being tried twice for the same offence. Johal has been held in an Indi...
Four senior lawyers, including the former attorney general Dominic Grieve, have written to Keir Starmer urging him to request that Indian prosecutors drop charges against the British national Jagtar Singh Johal on the basis that continued prosecution would be in manifest breach of the double jeopardy rule which prevents someone being tried twice for the same offence. Johal has been held in an Indian jail for eight years, and in March last year was acquitted of the terrorist charges laid against him in a court in Punjab. The court found the prosecutors had ‘miserably failed’ to present any reliable evidence, despite having had seven years to do so. Despite his acquittal, Johal faces eight essentially duplicate cases filed by India’s National Investigation Agency (NIA), all based on the same “confession” printed on a sheet of paper that his supporters claim he signed after he was tortured by police with electricity and threatened with being burned alive. The letter urging Starmer, as a former human rights lawyer, to recognise the legal justice in intervening has also been signed by the distinguished barrister Lady Helena Kennedy, the former Lord Advocate for Scotland, Dame Elish Angiolini, and Geoffrey Robertson KC. It is hoped that the calibre of the letter writers might galvanise Starmer to intervene. In their letter, the four say it would be “entirely appropriate” for the UK government to ask the Indian government to drop the remaining case since domestic Indian proceedings would have acquitted Johal of all charges against him. The double jeopardy rule, they say, “reflects a basic and intuitive principle that in a just system, no one should be repeatedly prosecuted, tried or punished for crimes of which they have already been convicted or acquitted. The prohibition of double jeopardy exists across multiple areas of international law, including international human rights law, international criminal law and international humanitarian law. It is generally considered t...
Key Points Investors historically reaped gains from Nvidia primarily through share price appreciation. The company's decision to raise its dividend could be a sign that it wants to welcome a new cohort of investors beyond those seeking artificial intelligence (AI)-driven growth. Nvidia's dividend is now at a level that should appeal to value funds, endowments, and pension funds. 10 stocks we like ...
Key Points Investors historically reaped gains from Nvidia primarily through share price appreciation. The company's decision to raise its dividend could be a sign that it wants to welcome a new cohort of investors beyond those seeking artificial intelligence (AI)-driven growth. Nvidia's dividend is now at a level that should appeal to value funds, endowments, and pension funds. 10 stocks we like better than Nvidia › During its fiscal first-quarter 2027 earnings release, Nvidia (NASDAQ: NVDA) announced that it would be increasing its quarterly dividend from $0.01 to $0.25 per share. All shareholders on record as of June 4 will be eligible for the increase. I see this move as a deliberate evolution in Nvidia's capital-allocation playbook. For the last few years, the company has been the archetype of hypergrowth -- dumping excess profit into research and development (R&D) amid historic levels of artificial intelligence (AI) infrastructure spending. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » By lifting its dividend payout, Nvidia is signaling that the business has matured enough to return cash while still funding an ambitious roadmap. In my eyes, Nvidia's decision to raise its dividend by 2,400% is a strategic pivot designed to widen its shareholder base beyond the retail traders and momentum funds that have crowded its ownership throughout the AI revolution. Attracting more income-oriented and institutional capital Nvidia's prior dividend payment of $0.01 was nominal. Frankly, it was a token gesture that did quite little to interest pension funds, insurance companies, or endowments whose mandates require steady yields. By raising the payout to a level that actually registers on income screens, Nvidia quietly opens the door to a new cohort of capital that cherishes predictability over pure price...
During its fiscal first-quarter 2027 earnings release, Nvidia (NASDAQ: NVDA) announced that it would be increasing its quarterly dividend from $0.01 to $0.25 per share. All shareholders on record as of June 4 will be eligible for the increase. I see this move as a deliberate evolution in Nvidia's capital-allocation playbook. For the last few years, the company has been the archetype of hypergrowth...
During its fiscal first-quarter 2027 earnings release, Nvidia (NASDAQ: NVDA) announced that it would be increasing its quarterly dividend from $0.01 to $0.25 per share. All shareholders on record as of June 4 will be eligible for the increase. I see this move as a deliberate evolution in Nvidia's capital-allocation playbook. For the last few years, the company has been the archetype of hypergrowth -- dumping excess profit into research and development (R&D) amid historic levels of artificial intelligence (AI) infrastructure spending. Will AI create the world's first trillionaire? Our team just released a report on a little-known company, called an "Indispensable Monopoly," providing the critical technology Nvidia and Intel both need. Continue » By lifting its dividend payout, Nvidia is signaling that the business has matured enough to return cash while still funding an ambitious roadmap. In my eyes, Nvidia's decision to raise its dividend by 2,400% is a strategic pivot designed to widen its shareholder base beyond the retail traders and momentum funds that have crowded its ownership throughout the AI revolution. Image source: The Motley Fool. Attracting more income-oriented and institutional capital Nvidia's prior dividend payment of $0.01 was nominal. Frankly, it was a token gesture that did quite little to interest pension funds, insurance companies, or endowments whose mandates require steady yields. By raising the payout to a level that actually registers on income screens, Nvidia quietly opens the door to a new cohort of capital that cherishes predictability over pure price appreciation. These types of investors usually do not index on the latest quarterly beat or next quarter's guidance. Instead, they opt for underwriting decades-long compounders -- thus demanding a visible, sustainable yield as evidence of prudent financial discipline. Institutional funds often face internal hurdles when buying zero-yield tech stocks. A credible dividend helps remove this hur...
The headline performance data rolling across trading desks on Friday afternoon looks almost too clean to be real. The benchmark S&P 500 extended its massive winning streak to eight consecutive weeks as ten of the eleven market sectors finished cleanly in positive territory, with healthcare leading the charge. CNBC’s Julia Boorstin framed it cleanly on ... 10 of 11 Sectors Higher: Why the S&P’s Ral...
The headline performance data rolling across trading desks on Friday afternoon looks almost too clean to be real. The benchmark S&P 500 extended its massive winning streak to eight consecutive weeks as ten of the eleven market sectors finished cleanly in positive territory, with healthcare leading the charge. CNBC’s Julia Boorstin framed it cleanly on ... 10 of 11 Sectors Higher: Why the S&P’s Rally Looks Healthier Than the Headlines Suggest
Benjamas Deekam/iStock via Getty Images Cumberland Advisors’ Chief US Economist David Berson summed up the April PPI report in his morning note on May 13 th : Slice and dice it however you want, but the April PPI was terrible. Inflation pressures are building, and it would be extremely unwise for the Fed to even consider easing monetary policy in this environment. Final demand PPI up by 1.4 percen...
Benjamas Deekam/iStock via Getty Images Cumberland Advisors’ Chief US Economist David Berson summed up the April PPI report in his morning note on May 13 th : Slice and dice it however you want, but the April PPI was terrible. Inflation pressures are building, and it would be extremely unwise for the Fed to even consider easing monetary policy in this environment. Final demand PPI up by 1.4 percent for the month, pushing the 12-month trend rate up to 6.0 percent. Producer Price Index by Commodity: Final Demand: Finished Goods (WPSFD49207) | FRED First, I’m in full agreement with David Berson. Second, let’s look at the details in the report and estimate what lies ahead. To do this, we look at the intermediate components of the PPI. They have some forecast power. Whether the full price change impact will ultimately be passed through to consumers or be absorbed in part by businesses is always unknown. A “buyer’s strike” or other behavioral changes on the part of consumers alter the final outcome. What we do know is that intermediate goods and services price changes lead consumer prices by a few months. The BLS has plenty of data to support this conclusion. The Richmond Fed and other sources help us project what lies ahead. Bottom line - we are not going to like the inflation coming over the summer months and into the midterm election cycle. Kevin Warsh was confirmed as new Fed Chair on the day that all national inflation forecasts were being rewritten for a worsening outlook. Historical Lag Time (PPI to CPI Pipeline) Producer prices act as an early warning signal for consumer prices, but the transmission is never instantaneous. Richmond Fed economic research indicates that wholesale pipeline spikes flow into the Consumer Price Index (CPI): Do rapidly rising producer prices signal pain ahead for consumers? We take a fresh look at the relationship between producer and consumer price indexes. We document a correlation between upstream producer prices and the Fed’s preferr...
OnlyFans "Hack" Hoax Likely Used To Push Malware-Laced Leak Checkers A cyber threat actor advertised a purported database of 340 million OnlyFans-linked user records on a well-known cybercrime forum, asking for 0.313 BTC, or roughly $76,000, according to U.K.-based cybersecurity news site HackRead . The alleged "340 million OnlyFans user mega leak" narrative ran rampant on X this past holiday week...
OnlyFans "Hack" Hoax Likely Used To Push Malware-Laced Leak Checkers A cyber threat actor advertised a purported database of 340 million OnlyFans-linked user records on a well-known cybercrime forum, asking for 0.313 BTC, or roughly $76,000, according to U.K.-based cybersecurity news site HackRead . The alleged "340 million OnlyFans user mega leak" narrative ran rampant on X this past holiday weekend, garnering millions of views from several accounts, which were described as nothing more than an engagement trap. HackRead pointed out that " conversations with the seller and a review of sample data suggest that the collection did not result from a direct breach or scraping of OnlyFans systems ." HackRead noted that: The seller advertised the database as containing usernames, names, email addresses, phone numbers, follower counts, likes, uploaded content statistics, account types, and linked social media profiles. The claims initially gave the impression of a direct platform breach or scraping incident. However, the story changed after Hackread.com contacted the threat actor directly on Telegram . In private messages, the seller clarified they did not hack or breach OnlyFans. Instead, they claimed the database was built using information collected from previous data leaks and public sources, including breached records from platforms such as Twitter , Instagram , and Spotify . " We didn't breach or hack OnlyFans ," the seller said in a message shared with Hackread.com. "We used existing breaches and leaks databases and matched with users of the OnlyFans platform." But that didn't stop some X users from pushing the "OnlyFans is hacked" narrative. OnlyFans is Hacked 🚨 Apparently OnlyFans has been hacked and they're selling the complete database of 340 million users including data of content creators and consumers. The leaked data includes - Usernames and profile names - Email addresses - Phone numbers -… pic.twitter.com/gsNn4UpWD9 — StarPlatinum (@StarPlatinum_) May 24, 2...
"With his tragic and unexpected passing on Sunday at Swanholme Lakes, we would like to raise awareness about children playing near any rivers or lakes in the hot weather," Carl said.
"With his tragic and unexpected passing on Sunday at Swanholme Lakes, we would like to raise awareness about children playing near any rivers or lakes in the hot weather," Carl said.
Since the ceasefire agreement was signed on 16 April, Israeli attacks have been largely confined to the south of the country, where Israeli troops remain and from where Israel says drones and rockets have been launched.
Since the ceasefire agreement was signed on 16 April, Israeli attacks have been largely confined to the south of the country, where Israeli troops remain and from where Israel says drones and rockets have been launched.
Last week, Kevin Warsh was sworn in as the new chairman of the U.S. Federal Reserve. He served on the Fed's Board of Governors from 2006 to 2011, and he also spent several years on Wall Street. He will need every bit of that experience in his new role, because the U.S. economy might be facing another inflation crisis. One of the Fed's primary objectives is to keep the Consumer Price Index (CPI) me...
Last week, Kevin Warsh was sworn in as the new chairman of the U.S. Federal Reserve. He served on the Fed's Board of Governors from 2006 to 2011, and he also spent several years on Wall Street. He will need every bit of that experience in his new role, because the U.S. economy might be facing another inflation crisis. One of the Fed's primary objectives is to keep the Consumer Price Index (CPI) measure of inflation increasing at a rate of around 2% per year. However, because of the recent surge in oil prices caused by the ongoing war in Iran, the CPI just increased at the fastest pace in three years. As a result, Warsh might have to oversee at least one interest rate increase later this year, which could be bad news for the S&P 500 (^GSPC +0.37%) stock market index. The Fed might have to reverse some of its recent interest rate cuts The CPI hit a 40-year high of 8% in 2022, which prompted the Fed to embark on one of the most aggressive campaigns in its history to raise the federal funds rate (the benchmark overnight interest rate). Over an 18-month period between March 2022 and August 2023, the central bank raised the effective rate from a historic low of 0.1% to 5.3%. The policy seemed to work, because inflation settled at an annualized rate of around 2.9% in 2024, which allowed policymakers to start cutting rates in September of that year. There have been six cuts since then, but that progress is now at risk. The ongoing war between the U.S. and Iran, which started in February this year, triggered a sharp spike in oil prices. A barrel of West Texas Intermediate crude currently trades for around $97, marking a 68% increase since the beginning of 2026. It's driving up the price of every product that travels by boat, plane, or truck, so consumers aren't just feeling the pinch at the gas pump, but also at the grocery store and at their favorite retailers. The pain is starting to show up in the inflation data. The CPI rose at an annualized rate of 3.8% in April, which ...