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Companies Report Raging Inflation, Except In Wages & Rents
Companies Report Raging Inflation, Except In Wages & Rents
Authored by Wolf Richter via Wolf Street,
Manufacturers reported that the costs of health insurance for employees shot up by 14.2% on average; service firms reported an average increase of 12.9%, according to a report by the New York Fed based on a survey of companies in the New York-Northern New Jersey region.
These are averages, but “some firms reported increases of between 25% and 50% when they renewed their coverage,” the report said.
Manufacturers and service firms both reported that the costs...
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May 1, 2026 / Tyler Durden
Meta Buys Robot Brain Startup As Zuck Wants Humanoids In Homes
Meta Buys Robot Brain Startup As Zuck Wants Humanoids In Homes
After the Oculus and Metaverse bets turned into costly disappointments for Mark Zuckerberg's Meta Platforms, the tech giant's pivot to real-world humanoid robotics appears to be gaining momentum, with news Friday afternoon that it is acquiring Assured Robot Intelligence.
Bloomberg reports that Meta has closed the acquisition of the humanoid robotics startup, which develops AI models to help robots understand, predict, and adapt to human behavior in complex environments.
What Meta has acquired appears to be a "robot brain" designed...
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Jun 15, 2026 / Tyler Durden
India's Solar Demand Set For 22% Annual Growth Through 2035
India's Solar Demand Set For 22% Annual Growth Through 2035
Submitted by Tsvetana Paraskova of OilPrice.com
India’s solar capacity is set to surge by 22% each year by 2035 as the data center boom will drive increased power consumption, a new report by Nuvama showed on Monday.
The consultancy estimates that India’s total power demand will rise by 6% every year over the next decade, “driven by economic growth, rising urbanisation, manufacturing expansion and increasing electrification across sectors,” according to the report cited by Indian news outlet ANI.
Solar growth will vastly...
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Apr 24, 2026 / Tyler Durden
Where Homosexuality Is Still Punishable By Death
Where Homosexuality Is Still Punishable By Death
The latest data from ILGA - the International Lesbian, Gay, Bisexual, Trans and Intersex Association, a global federation that monitors laws and rights affecting LGBT people - show that consensual same‑sex relations remain criminalized in a significant number of countries, with a small but deadly minority still prescribing the death penalty.
You will find more infographics at Statista">As Statista's Tristan Gaudiat shows in the chart below, according to ILGA’s database, over 60 countries around the world still criminalize consensual same‑sex activity, mostly through prison sentences of varying...
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