EU Could Lose 1.3 Million Jobs Due To Energy Price Surge From Iran War

Beer Demand Goes Flat As Even Alcoholics Pull Back With Gas Above $4 Beer sales across the U.S. over Memorial Day weekend were troublingly soft, according to a new Goldman report, which attributed the weakness primarily to a "challenging macro backdrop" and unusually cold weather across parts of the Lower 48 states. The Gulf-related fuel price shock has kept the national average for 87-octane gasoline above the politically sensitive $4-per-gallon threshold for more than 66 days, or roughly two months. Consumers are already pulling back on purchases at gas stations and...

Waymo Partners With Waze To Use Self-Driving Cars To Track Potholes Authored by Dylan Morgan via The Epoch Times (emphasis ours), Two Alphabet-owned companies, Waymo and Waze, announced on April 9 that they will team up to detect potholes and share that information with local government agencies to help get them filled more efficiently. A self-driving Waymo vehicle awaits passengers in Los Angeles on July 1, 2025. John Fredricks/The Epoch Times “Waymo is already making roads safer where we operate,“ said Arielle Fleisher, the company’s policy development and research manager, in a statement....

Futures Slide As Tech Tumbles On Fears Of AI Slowdown, Oil Jumps US futures are sliding, dragged by fears of a possible AI development slowdown as well as higher oil prices (Brent > 108), though bond yields are not reacting yet (10Y yield still under 5%). As of 8:00am ET, S&P futures are down 0.6%, and potentially facing their first down 1% day since late July; Nasdaq futures plunging 1.5% as AI-linked stocks like chipmakers and memory tumble in US premarket trading following a call to put the brakes on developing cutting-edge...