Author: arthursheikin@gmail.com
[ad_1] If you’re tired of seeing inflation in the headlines, you’re probably not going to get much relief soon.That’s according to Liz Ann Sonders, the chief investment strategist at Charles Schwab, who thinks that inflation is going to be on a roller coaster ride going forward as the economy digests the impacts of President Donald Trump’s tariffs.Economists have warned that tariffs could be inflationary, but so far the effect on prices has been relatively mild.Members of Trump’s administration have said tariffs could cause a “one-time” price increase as companies make that transition. However, Sonders said that’s unlikely, pointing to how…
[ad_1] The stock market is going full tilt into risk after the latest inflation report. But not everybody is optimistic. The S & P 500 reached an all-time high on Tuesday after the cooler consumer price index report from July sounded the all-clear for the Federal Reserve to cut in September. On Wednesday, more investors were buzzing about the possibility of an ultra-big cut next month of a half-percentage point — adding to the positive mood on Wall Street. Yet, some investors are only getting more skittish as the market continues to run higher. They’re worried that stocks are priced…
[ad_1] India-based audio series platform maker Pocket FM aims to be the Netflix of audio. That is, the company intends to match its audio series with hundreds of episodes to its users’ tastes. For that to work, it needs to release content rapidly — something it’s now turning to AI to help with. The Lightspeed-backed startup is giving its writers an AI tool set that can do things like suggest better endings to an episode or make the narrative more engaging. The hope is that the tools will speed up the story-writing process. Pocket FM already uses some AI tools…
[ad_1] Business Insider 2025-08-13T16:37:41Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. You come to Business Insider for our sharp, useful, and fun coverage of business, tech, and innovation. You surely know and love our award-winning journalism, our incredible slate of shows on YouTube, our smart takes on today’s biggest stories, our riveting lifestyle coverage, and our must-read…
[ad_1] The best Dolby Atmos soundbars create an immersive sense of 3D audio, with sound effects spread in all directions, including above your head. This means falling rain, swooping helicopters, and soaring birds can sound like they’re actually coming from above. Top Dolby Atmos soundbars accomplish this with up-firing audio drivers that bounce sound off your ceiling and back down to your ears. Our reviewers have been covering home audio products for over a decade and have used that experience to test the best Dolby Atmos soundbars for different needs. The Samsung HW-Q990C earns our highest recommendation. It’s a powerful system that comes…
[ad_1] Anthropic has acquired the co-founders and most of the team behind Humanloop – a platform for prompt management, LLM evaluation, and observability – in a push to strengthen its enterprise strategy. The terms of the deal were not shared, but it appears to follow the acqui-hire playbook we’re increasingly seeing in the tech industry amid the war for AI talent. Humanloop’s three co-founders – CEO Raza Habib, CTO Peter Hayes, and CPO Jordan Burgess – have all joined Anthropic, alongside around a dozen engineers and researchers. Anthropic is growing fast in the enterprise space as it leads in agentic…
[ad_1] Some Cracker Barrel customers say they wish the chain would focus more on what it serves on its tables instead of how it decorates its walls.The restaurant chain is renovating some of its restaurants, opting for brighter paint jobs and nixing the lattice dividers mounted with antiques. The changes have drawn mixed reactions. Some on social media are lamenting the loss of Cracker Barrel’s nostalgic appeal, while other longtime customers say they care more about what’s on the plate.Nina Burton, who dined at a renovated Cracker Barrel location in East Ridge, Tennessee, earlier this year, told Business Insider that she didn’t…
[ad_1] Russians are pulling more cash from banks, partly because of mobile internet outages, the country’s central bank has said.The shutdowns, intended to defend against Ukrainian drones, have disrupted mobile payments, messaging apps, delivery services, and ride-hailing platforms, underscoring the economic fallout from Russia’s wartime security measures.Cash in circulation rose by about 200 billion rubles, or $2.5 billion, in June and then by the same amount again in July, according to a report from the Bank of Russia issued Monday.The central bank said this year’s demand is “slightly higher than in previous years” in part due to “the desire of…
[ad_1] Bank of America says the defense contractor V2X is benefiting from a “scale and scope strategy coming to fruition.” BofA upgraded the 11-year-old, Reston, Virginia based manufacturer to buy from neutral on Wednesday, raising its price target to $65 per share from $55. The bank’s forecast implies more than 19% upside from Tuesday’s $54.56 close. V2X jumped 7% in early trading Wednesday, brining its year-to-date gain to 22%. Analyst Mariana Perez Mora pointed to V2X recently winning a contract tied to the T-6 aircraft “as a key enabler of growth.” “[W]e would expect to start to see full revenue…
[ad_1] CoreWeave’s latest quarterly results surpassed Wall Street’s expectations, and while analysts reacted favorably to the results, an upcoming lock-up expiration was another matter. CoreWeave — which rents out Nvidia chips to companies — posted second-quarter revenue of $1.21 billion, above the $1.08 billion that analysts surveyed by LSEG had estimated. The company also issued better-than-expected forward guidance. While CoreWeave shares more than doubled over the past three months, soaring 107%, the stock was down 12% in early trading Wednesday. CRWV 1D mountain CRWV, 1-day Some analysts said the move lower could be tied to lock-up expiration effective at the…