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EconomyNew formula puts figure under central bank’s 2% target for 6 monthsJapanese households are spending more on food as prices rise. (Photo by Nanami Sato)TOKYO — Japan on Friday released recalculated monthly inflation data that took 0.1 percentage point off consumer price index growth between January and March, extending a streak of undershooting the Bank of Japan’s 2% target to six months.

Market Update: AMT, J, MSI, SHEL, SYK, FBIN

Uber believes it’s found a solution to its AI spending problem after it blew through its budget for the technology in just the first few months of the year. In an interview with The Information earlier this year, Uber Chief Technology Officer Praveen Neppalli Naga admitted he went “back to the drawing board” on allotted spending after the rideshare giant encouraged employees to use its tools, particularly Anthropic’s Claude Code, as much as possible, even devising “leader boards” to rank software engineers on their usage.   The blitz was part of a trend of “tokenmaxxing,” or companies incentivizing workplace AI use,…

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Assessing a quick-flip continuation vehicle on the asset’s hold period alone is an imperfect metric.

Grindr CEO George Arison in New York, June 4, 2026.Emma Rose Milligan | Bloomberg | Getty ImagesGrindr is betting that artificial intelligence can do more than just improve the dating app experience. It believes AI can simultaneously create a new premium subscription business while also dramatically changing how quickly its engineers build software. “Our strategy has always been to use AI everywhere we can,” said CEO George Arison in an exclusive interview with CNBC.The LGBTQ-focused dating platform on Thursday reported second-quarter revenue of $138 million, up 33% from a year ago. The company also raised its 2026 guidance and now…

Back on June 30, I published Summer YOLO Fund: Permission To Spend, giving myself explicit written permission to blow through $40,000 in Honolulu this summer. The $40,000 was originally earmarked for investments in private startups after attending YC demo day. However, I wasn’t able to invest in companies I wanted, whether due to valuations or the round already being full. So instead of investing the money in public stocks or venture capital immediately, I decided to see if I could actually spend more money than I’m used to. As someone who has saved aggressively since 1999, when I realized I couldn’t…

Federal Reserve Board Governor Lisa Cook participates in a board meeting at the Federal Reserve on March 19, 2026 in Washington, DC.Kevin Dietsch | Getty ImagesPresident Donald Trump is “considering” firing Federal Reserve Board Governor Lisa Cook, the White House said this week, reviving an effort that had been stymied by the Supreme Court in June.White House presidential aide Dan Scavino, in a letter to Cook dated Wednesday, said there is “sufficient reason to believe that you made false statements on one or more mortgage agreements.”Those are the same allegations Trump and his allies floated when he first moved to…

I only recently learned what it is really about, namely very rapid travel into space and time dilation mattering for the return voyage. I had never before listened carefully to the lyrics.  I heard the “’39” reference at the beginning, the mention of volunteeers sailing away, and the general nostalgic British music hall mood to the piece, and assumed it concerned the Second World War.  But no, the volunteers sailing away are going to the stars, and their eventual return to the Earth will be for them a sad and tragic event, as everything they had known will be gone. …

US rate futures cut chances of September rate hike after jobs data Reuters