What Investors Are Watching Before The Fed’s Key Inflation Report
The benchmark 10-year Treasury yield was little changed at 4.647%, while the 30-year yield stood at 5.181%. The 2-year yield was also steady at 4.199%.
Business
US Consumer Confidence Slips Amid Elevated Gas Prices
Americans’ assessment of current economic conditions improved slightly, but expectations for the coming months deteriorated.
Cracker Barrel Helps Itself To Humble Pie After Catastrophic CEO
According to Cracker Barrel’s board, they wanted an “innovator” who would bring in new customers.
Apple Launches New Mac Mini With First M6 Chip
The Mac Mini now starts at $899, a $100 increase from the previous price.
Regulation: Protecting Incumbents And Suppressing Competition
The result is an illusion of competition that allows poor service to persist without attracting better alternatives.
Social Trust Is A Superpower
Social trust is essential to the quality of our lives, how society functions, and nearly everything else
The Telephone And The Brief Episode Of “Imperfect” Competition (1894–1906)
There is a common myth that “public utilities,” including the telephone, were so-called “natural monopolies"
California Attorney General Halts Paramount-WBD Merger Talks
The meeting was intended to explore a possible settlement in California’s lawsuit seeking to stop the merger
AI Job Cuts Put CEOs Under Pressure To Change Their Message
Employers have attributed nearly 113,000 announced cuts this year to AI.
Micron Announces $10 Billion Investment In New Boise Research Lab
The investment adds to Micron’s broader commitment to expanding semiconductor manufacturing and research in the United States.
Walmart Reports Strong Quarter After Massive Tariff Refund
The company reported $6.4 billion in net income and raised its full-year guidance
Europe’s Regulatory Overreach Is Becoming A US National Security Risk
On paper, the intentions look sound. The reality is something far more dangerous under a veil of perceived goodwill.
America’s Transparency Problem Reaches The Salad Dressing Aisle
If this study is accurate, then “hint of avocado” might more accurately describe the oil used in at least three of Primal Kitchen’s most popular products, including its Avocado Oil Mayonnaise.
The Seen And The Unseen Cost Of A Government Grocery Discount
The lower price at the register is the visible part of the policy—what every shopper sees, every time, at checkout. But Hazlitt’s method requires looking past the immediate effect to the less obvious one.
Amazon To Expand Drone Deliveries To Nearly 500 US Cities
The expansion comes nearly 13 years after founder Jeff Bezos first unveiled the drone delivery concept.
New Hampshire Showdown
On Aug. 19 the legislature will attempt to override her veto. If they can’t override it, be assured they’ll be back next year for another round.