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Hot May CPI sticks a pin in Fed rate-cut bets

Welcome to our Hot Inflation Summer. Beer, beef, and bikini prices are rising just as our paychecks are shrinking, according to two government reports released June 10.  Plus the cost of borrowing money — the… 

Morgan Stanley spots hidden multi-decade data center winner

Some categories of investment theses don’t make headlines. Not because they’re boring, but because they move slowly enough that most investors lose patience before the payoff arrives. U.S. manufacturing reshoring has that kind of story. Morgan… 

Anthropic sounds the alarm on AI danger

Every machine that ever mattered was built by a human hand. Someone drew the blueprint, cut the steel, or wrote the code, then signed off before it shipped. We argue about who gets rich and… 

Ray Dalio delivers jolting stock market verdict

Ray Dalio is not telling investors to ignore the artificial intelligence boom. He’s warning them that the stock market might be underestimating it too much. The billionaire founder of Bridgewater Associates has issued a stunning…