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The Federal Reserve faces a critical decision on interest rates NPRKevin Warsh Wanted a ‘Good Family Fight' at the Fed. He's Getting One. WSJWhat to Watch at the Federal Reserve's July Meeting The New York TimesDespite frustration over high prices, Federal Reserve is expected to keep rates unchanged -- for now AP News
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Wholesale chicken wing prices plunged 66% from pandemic-era highs, and restaurants are passing savings to customers with specials ahead of football season.
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A new study called "Boomsday Not Doomsday" argues AI will lower prices on food, housing and healthcare while creating new jobs across the economy.
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South Korea's Kospi share index falls 6% and other Asian shares are mixed as oil prices surge AP NewsKorean Stocks See Record Wave of Trading Halts on Chip Selloff Yahoo FinanceShares in Asian chip firms plunge further as AI sell-off continues The GuardianAsian Stocks Eye Gains as Oil Offsets Chip Selloff: Markets Wrap Bloomberg.comSouth Korea $2 trillion
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"Food prices have effectively reset to a permanently higher level after years of supply chain disruptions, labor shortages, transportation costs, and broad inflationary pressures."
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