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2026 Rate-Hike Expectations Plummet After Cooler-Than-Expected PPI
2026 Rate-Hike Expectations Plummet After Cooler-Than-Expected PPI
Following yesterday's cooling (in-line) consumer price inflation data (driven in large part by energy deflation), US producer prices were expected to rebound modestly in July from a 0.3% MoM decline (headline) in June.
Instead, headline Producer Prices were unchanged MoM (cooler than expected), pushing the annual change down from +5.5% to +4.7% YoY...
Source: Bloomberg
Core PPI (Ex Food and Energy) also printed cooler than expected (+0.2% MoM vs +0.3% MoM), dragging Core PPI YoY down to +4.2%...
Final demand services: Prices for final demand services...
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Mar 23, 2026 / Tyler Durden
DOJ Moves For Permanent Dismissal Of Charges Against 2 Ex-Cops In Breonna Taylor Case
DOJ Moves For Permanent Dismissal Of Charges Against 2 Ex-Cops In Breonna Taylor Case
Authored by Troy Myers via The Epoch Times,
The Department of Justice (DOJ) is looking to permanently dismiss the cases against two former Louisville police officers connected to the night Breonna Taylor was killed six years ago, according to court documents filed Friday.
Former Detective Joshua Jaynes and former Sgt. Kyle Meany were accused of falsifying a warrant that led to the botched police raid on her apartment the night she died. Federal prosecutors said in the motion...
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Jul 8, 2026 / Tyler Durden
Some College Students Are Testing At The Level Of 10-Year-Olds
Some College Students Are Testing At The Level Of 10-Year-Olds
Via Futurism,
Are you smarter than a 4th grader?
Gone are the days of university freshmen reading classical philosophers like Plato or contemporary pedagogues like Ta-Nehisi Coates. These days, incoming college students are lucky if they can get through Judy Blume’s “Tales of a Fourth Grade Nothing.”
According to a new “Survey of Adult Skills” conducted by the Organization for Economic Co-operation and Development - a forum for 38 high-income, predominantly Western countries - a not insignificant number of adult students enrolled in higher education...
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Feb 21, 2026 / Tyler Durden
Precrime: Months Before Massacre, OpenAI Worried About Canada's Trans Mass Killer
Precrime: Months Before Massacre, OpenAI Worried About Canada's Trans Mass Killer
Months before a Canadian man in a dress went on a Feb 10 rampage, killing his mother and half-brother at home before slaughtering five students and an education assistant at a secondary school where he was formerly a student, employees at OpenAI were deeply troubled by his interactions with the firm's ChatGPT AI chatbot.
As first reported by the Wall Street Journal, Jesse Van Rootselaar's ChatGPT activity was flagged by the company's automated review system. When employees took a...
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