A BrAIve New World For High Yield

Energy Drinks Become Latest Casualty As Fuel Shock Shifts Consumer Behavior The national average price for 87-octane gasoline at the pump has remained above the politically sensitive $4-per-gallon threshold for 57 days and counting, as the U.S.-Iran conflict continues to disrupt energy flows through the Strait of Hormuz chokepoint. That price shock at the pump has already translated into visible shifts in consumer behavior at gas stations and convenience stores, an emerging trend we first outlined in mid-April (see here and here). Adding to the consumer story of elevated gas prices pressuring...

What 122 Universal Basic Income Experiments Actually Show Authroed by Vance Ginn via the Daily Economy, Artificial intelligence has become the latest excuse for reviving one of the oldest bad ideas in economic policy: a universal basic income. Recent pieces in Newsweek, the LSE Business Review, and Fortune have all helped push the idea that AI may soon wipe out so many jobs that Washington will need to send everyone a check. Image Credit: Shutterstock That makes for a catchy headline. It also makes for terrible economics. The right question is not whether AI...

French Municipal Elections Provide Early Test For Le Pen's National Rally Ahead Of 2027 Presidential Race Takeaways France held the first round of municipal elections on Sunday in nearly 35,000 municipalities, serving as an initial indicator of political momentum ahead of the 2027 presidential election. Marine Le Pen’s National Rally (RN) is seeking to expand its limited local presence, with ambitions focused on southern cities such as Perpignan, Marseille, Nice and Toulon. Pre-vote polls suggested competitive races in key targets, but full first-round results and projections are emerging gradually after polls closed, with...