Anthropic's Updated S-1: An $80.7BN Half-Year Loss, A $750BN Compute-Tab, And A 'Catastrophic Incident' Warning

July Rate-Hike Off The Table After Producer Price Inflation Drops Most Since COVID Following yesterday's much cooler than expected, Goldman's Rich Privorotsky notes that today’s PPI print matters more for the core PCE read-through (Fed's favorite inflation indicator), particularly healthcare and financial services. While May's headline PPI print was hot, core was cooler than expected, and June's data release today was expected to show no change in headline producer prices. In fact, like with CPI, headline Producer prices actually saw deflation (-0.3% MoM), equaling the biggest monthly decline since April 2020. The...

Iran Goes Offensive: Strikes LPG Tanker In Strait Of Hormuz, Threatens 'Punishment' For All Violators Things are fast escalating once again in the Strait of Hormuz, after White House officials have lately been gloating that the US Navy has overseen record wartime oil flows through the vital waterway, which each warring side is still claiming to 'control'. Iran's Islamic Revolutionary Guard Corps (IRGC) said Friday it targeted a liquefied petroleum gas (LPG) tanker in the Strait of Hormuz (hours ago), with Iranian state media reporting that the vessel was attempting to...

74% Of Sex-Crime Suspects In Spain's Basque Country Are Foreigners Via Remix News, Foreign-born suspects account for nearly three-quarters of sexual-crime arrests in Basque Country, official figures show Official statistics released by the Basque regional police, the Ertzaintza, indicate that people born outside Spain made up 58.7 percent of all arrests in the first half of 2026 even though they represent 10.2 percent of the population. The disparity is sharper in several high-profile offense categories. Of the 107 people detained for crimes against sexual freedom, 79 were born abroad, making up 74 percent...