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BofA unpacks why AI could offset Iran war-fueled inflation

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NYSE Markets are looking past the Iran war despite predictions that it could cause more inflation. AI might explain why the market is brushing off shocks from the war, Bank of America says. Anticipation of AI-driven disinflation could ultimately offset wartime inflationary pressures. AI might explain why investors seem unfazed by predictions of renewed inflation due to the Iran war. Economists have warned that the Iran war and the oil shock that it's caused will have prolonged effects on the global economy, yet the stock market continue to hover near record highs . The disconnect has been stark , but Bank of America said that expectations for AI to drive disinflation could be limiting the outlook for longer term price increases. "Long-term inflation expectations have remained remarkably benign through tariffs and the Iran war," Bank of America economist, Aditya Bhave, wrote. "We think this is because markets are anticipating a disinflationary AI producti...
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Where to watch free Champions League live streams from anywhere

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When you buy through our links, Business Insider may earn an affiliate commission. Learn more Matteo Ciambelli/DeFodi Images via Getty Images Looking for the latest information on where to watch Champions League matches? Our guide can help you find local and international viewing options to watch every match from anywhere, covering both free and paid options. There are free live streams for both of this week's semi-finals further down this page. While many countries charge for access (see details below), there are plenty of free Champions League live streams for every round of games. To get around region blocks, you'll need a  VPN  (virtual private network) to access them from overseas. See also:   Best streaming deals | Best sports streaming services Champions League live stream: quick links Access live streams internationally via ProtonVPN (try it risk-free for 30 days) USA: Paramount Plus Luxembourg (select games): RTL2 (FREE) Ireland (select games...
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What Tim Cook built

On the latest episode of Equity, we discuss how Apple has changed since Cook became CEO in 2011, and what challenges incoming CEO John Ternus will be facing. from TechCrunch https://ift.tt/1WtlBb6 via IFTTT
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The New York Times says this is why the shooting didn't make its Sunday edition

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News of the shooting at the White House Correspondents' Dinner on Saturday night happened too late to make the Sunday morning edition of The New York Times. Courtesy of The New York Times The Sunday print edition of the Times made no mention of the White House Correspondents' dinner shooting. Some critics online called the omission intentional. The Times said it sent its Sunday edition to press at 8 p.m. on Saturday night, before the shooting took place. At 8:36 p.m. on Saturday night, shots were fired outside the ballroom of the Washington Hilton, where the White House Correspondents' Dinner was well underway. It marked the third time in three years that President Donald Trump faced the threat of assassination. That news, however, did not make The New York Times' Sunday paper. The Times covered the shooting extensively on its website. For its Sunday print edition, however, the next day's news had already been set when the shooting occurred, setting it ...
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I didn't like that my son was spending his allowance on gaming purchases. Turns out, he was learning financial responsibility.

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Courtesy of the author At first, in-game purchases felt like such a waste of money to me. Letting my son spend his money was an effective and safe way to help him make financial decisions. Open conversation, rather than control, is helping us encourage his independence. When we first stepped into the world of kid-oriented apps and online gaming , my husband and I saw in-game purchases as nothing more than buying nothing . Our 11-year-old son has always been careful with his money, perhaps to a fault. As he grew increasingly willing to spend more and more of his allowance on Robux , V-bucks, and Minecoins, we were alarmed. The whole thing irks me. I really struggle with virtual "cosmetic" purchases. Buying Skins, special emotes (expressions and dance moves, I think?), and expensive Nikes for your avatar? I can't wrap my frugal mind around it. At first, we tried to steer our son away from gaming purchases. We talked about the lure of instant gratification and...
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A massive Oracle data center planned for rural Michigan secures $16 billion in funding

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A digital rendering of the huge 1-gigawatt data center campus planned for Saline, Michigan, which will serve Oracle's AI business. Courtest of Related Digital The developer of a huge one-gigawatt data center says it has secured $16 billion in funding. The data center in rural Michigan will serve Oracle's AI business. Local residents have protested the data center, fearing grid impact and pollution. As far as data centers go, it's a big one. The Saline Township campus in Michigan, about 50 miles outside of Detroit, will have a capacity of more than 1 gigawatt. That's huge. Most data centers have capacities between 100 and 300 megawatts. And now the developer behind it, Related Digital, says it has secured the $16 billion needed to build it, with a little help from Blackstone and PIMCO. The campus will span 250 acres to start, making it one of the largest in the United States. Michigan Gov. Gretchen Whitmer last year called it the "largest investment in ...
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Anthropic created a test marketplace for agent-on-agent commerce

In a recent experiment, Anthropic created a classified marketplace where AI agents represented both buyers and sellers, striking real deals for real goods and real money. from TechCrunch https://ift.tt/GLBdkyr via IFTTT
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