NY Fed: Inflation Expectations Jump, Driven By Surging Gas

Unitree Unveils Real-Life Transformer Robot. Only Costs $650,000 Chinese robotics firm Unitree, known for its robot dogs and humanoids, has unveiled a production-ready "manned mecha": a large robotic machine piloted by a human. Unitree wrote on X that the manned mecha costs $650,000 and weighs as much as a car. The bipedal mecha is piloted by a human operator who sits in its belly.  The machine looks like something out of a sci-fi movie. And it tranforms into a giant robo-dog.  Chinese media outlet Global Times reported that Unitree Robotics CEO Wang...

Xi Urges Immediate Opening Of Hormuz Strait For First Time, In Call With Saudi Crown Prince China's President Xi Jinping on Monday demanded the uninterrupted passage of vessels through the Strait of Hormuz in a phone call with Saudi Arabia's Crown Prince Mohammed bin Salman, state news agency Xinhua reports. He urged the normalization of shipping traffic after about 50 days of disruption which obviously and significantly impacts Chinese oil imports. "Normal navigation through the Strait of Hormuz should be maintained, this is in the shared interests of regional countries and...

Here Come The Cancellations: Brookfield-Backed Compass Pulls Out From Major Northern Virginia Data Center Project Compass Datacenters has decided to withdraw from its plan to develop a major data-center corridor in Northern Virginia after spending years pursuing approvals and investing tens of millions of dollars, according to Bloomberg. The company ultimately concluded the project wasn’t feasible due to mounting legal challenges, stricter regulations, and weakening political support, particularly around tax incentives. This move highlights a broader shift in how communities and policymakers are responding to data-center projects. Local residents have increasingly raised...