What If AGI Is Already Here, And It's Made Of... Children?

Record Ground Beef Prices May Finally Be Breaking Consumer Demand Last week's retail sales report provided fresh evidence that the K-shaped economy is buckling, with national average gasoline prices still printing above $4 a gallon and discretionary spending weakening. Consumer stress is now surfacing in the grocery aisle: as beef prices hover near record highs, Americans are beginning to trade down to cheaper proteins. Bloomberg cites new data from Chicago-based market research company Circana, showing that beef sales volumes declined .3% during the 13 weeks through mid-July. Volumes had risen about...

All Banks Pass Fed's Stress Test, Unleashing Latest Wave Of Dividends And Buybacks In all the excitement over Micron's blowout earnings, we almost forgot that today was another Fed stress test day - which every bank passed with flying colors as usual - which in turn allowed bank to unleash a fresh flood of dividends and buybacks. The biggest US banks boosted their dividends after passing this year’s Federal Reserve stress tests, a hurdle that even Bloomberg admits has "softened" in recent years as regulators hash out new requirements. The results of...