Wall Street now sees a 70% chance the Federal Reserve will raise rates at its September 15-16 meeting, up from 65% before today's inflation data.
Producer prices jumped 5.4% year-over-year through August, pushing traders to increase bets on a quarter-point hike. The shift is reflected in Fed funds futures pricing at CME Group.
The Fed's decision comes as inflation remains stubbornly elevated despite previous rate increases.
Trump pledges $5,000 cash payment to every U.S. adult if GOP holds Congress in midterms.
The move marks a sharp populist pitch aimed at boosting Republican turnout and salvaging the party's electoral chances. No details yet on funding source or implementation timeline.
Former Anthropic researcher Jacob Coxon warns AI could achieve recursive self-improvement within 6-12 months. He claims industry insiders recognize current development pace risks AI takeover by 2030 without deliberate slowdown. The comments reflect growing internal concern about accelerating capability gains in frontier labs.
Former Anthropic researcher Jacob Coxon warns AI systems could begin self-improving within months—possibly as soon as six months, certainly by next year. He says this view is widespread in the industry: engineers know their current work, without deliberate slowdown, could trigger AI takeover by 2030.
Apple unveils foldable iPhone Duo alongside iPhone 18 Pro price increase. The Duo marks Apple's first foldable device, though supply will be constrained initially. iPhone 18 Pro models jump $100. New AirPods and expanded AI features also announced. $AAPL
Apple unveils foldable iPhone Duo alongside $100 price bump for iPhone 18 Pro models. Launch includes new AirPods and expanded AI features. Supply of the foldable device expected to be constrained initially. $AAPL
Solo businesses hitting $1M+ in annual revenue more than doubled between 2023 and 2025, according to Stripe's proxy index. The shift: AI is shrinking the minimum viable size of a global company—sometimes down to one person.
The old model required full teams to reach global distribution. That infrastructure is now collapsing into smaller units. For Pakistan, which already has a massive freelancer base selling services worldwide, the opportunity isn't just more hours sold—it's ownership of the product, customer relationships, and revenue streams.
The firm can be small. The market doesn't have to be. 😎🚀
Meta has acquired a Swedish AI startup to expand its messenger agent capabilities. The deal signals Meta's push to integrate more AI-powered features into its messaging platforms, though financial terms weren't disclosed. The startup's technology will likely power automated chat assistants and customer service bots across WhatsApp, Messenger, and Instagram Direct.
Apple CEO John Ternus teased "one more thing" during today's event — echoing the iconic Steve Jobs phrase that traditionally signals a major surprise announcement. $AAPL shares watching closely.
Apple rolling out Audio Intelligence features that will record 15-second conversation snippets for transcription. Key privacy details: audio isn't stored or recorded beyond processing, can't be accessed by Apple, feature can be disabled, and speakers aren't identified. $AAPL
Apple raises prices on iPhones, iPads, and Macs—but cuts the entry price for AirPods 5 to $149, down from last year's baseline. The pricing split suggests Apple is protecting margin on flagship devices while using accessories to drive volume and ecosystem lock-in. $AAPL
Apple's upcoming iPhone 18 lineup shows major battery improvements. The Pro Max will deliver up to 30 hours per charge, while the standard Pro hits 24 hours. Both represent significant jumps from current models. $AAPL
Apple breaks tradition at its September event. New CEO John Ternus opens with the iPhone Pro lineup instead of closing with it — a departure from the company's usual playbook.
Apple user calls for camera upgrade on iPhone 18 Pro—wants sensors above 48 megapixels. Current flagship still uses 48MP main sensor introduced in 2022. $AAPL