Inflation ramped up in 2021 and crested above 9% in June 2022. The year-on-year inflation reading of 4% in May is better, but still not good. 

Employers are maintaining headcounts even as demand softens. 

If the writer’s strike stretches to late August, scripted shows stay on the sidelines. Without new content, many will spend more time with Prime Video, Hulu, Max, and Netflix. 

If AI can fake a song from Drake and The Weeknd, suddenly, the kidnapped kid or grandchild in jail scam gets a lot more believable. 

Reality is going to bite hard for up to 44 million borrowers or about 17% of the US adult population. 

Today’s JOLTS report has 10.1 million openings in April, the most since January. That was unexpected and a setback for the Fed. 

The chipmaker joins the likes of Apple, Microsoft, and Meta, but not everyone gets to stay in the Trillion-Dollar Club. 

During the 1849 Gold Rush, the ones who made the real money weren’t out panning for gold. They were the ones selling the picks and shovels to those panning for gold. 

Almost 49% are stretched—and it’s up from 42% last year. 

Treasury Department officials have asked federal agencies to find wiggle room for payments due before early June in a move to conserve cash.