Economy is still growing only because companies are still absorbing the cost of tariffs instead of passing it on to consumers. But for how long can they continue to do so?
U.S. Economy Grew at a 3% Rate in Q2, a Better-Than-Expected Pace
Unfortunately the company also heavily contributes to health problems due to its high-sugar products and funding misleading research. It is one of the largest plastic polluters, causing significant environmental damage through single-use bottles. It also faced accusations of depleting water resources in vulnerable communities and engaging in unethical business practices...
what a smart move from Musk to disrupt OpenAI's plans, delaying its restructuring and valuation growth, while giving his competing AI venture, xAI, more time to catch up.
The feds should be working with citizen oversight committees before making any decision and be forced to also consider wage growth and wealth distribution alongside inflation and employment rates. They're 12 people (mostly bankers) deciding for a huge Country.
NY Fed finds mostly stable inflation expectations in January