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How have prices changed in a year? NPR checked 114 items at Walmart - NPR
We found the effects of tariffs and extreme weather, relief (finally!) in the egg cooler, plus one case of shrinkflation.
Tesla Driver-Assist System FSD Will Switch to Subscription-Only, Musk Says - Bloomberg.com
Tesla Inc. will stop selling the assistance system it calls Full Self-Driving for a one-time fee and transition entirely to a monthly subscription model, according to Elon Musk.
‘Resource nationalism’ could propel gold to $5,000 and silver to $100 this year, investors say - CNBC
Silver broke above $90 for the first time on Tuesday.
China announces record $1tn trade surplus despite Trump tariffs - BBC
Beijing reported the largest-ever trade surplus at $1.19tn as China diversified its trade.
Blistering Metals Rally Sends Gold, Silver and Copper to Records - Bloomberg.com
Metals extended their dramatic start to the year — with gold, silver, copper and tin all hitting record highs — bolstered by bets on lower US interest rates and improved sentiment across Chinese financial markets.
IMF presses governments to step up support for workers displaced by AI - Financial Times
Analysis finds evidence of the technology hitting wages and employment in certain areas
Why the world’s central bankers had to speak up against Trump’s attacks on the Fed - The Conversation
It’s unusual for central bank leaders to issue such a statement. But the reason is simple: what happens in the US matters worldwide.
Eric Adams’s crypto coin crashes soon after launch, sparking scam accusations - The Washington Post
Former New York mayor Eric Adams hawked the “NYC Token,” a meme coin that he claimed would be used to fight “anti-Americanism” and antisemitism.
Saks Global files for bankruptcy amid luxury market strains - CNN
Saks Global, the parent company of luxury retailer Saks Fifth Avenue, filed for bankruptcy protection late Tuesday, according to court documents filed in US Bankruptcy Court in Houston, Texas.
Proposed billionaires' tax in California rattles Silicon Valley, entangles Gov. Newsom - ABC News
A proposal to tax the accumulated wealth of California billionaires has ignited a political uproar in Silicon Valley and across the state
Proposed billionaires’ tax in California rattles Silicon Valley, entangles Gov. Newsom - AP News
A proposal to tax the accumulated wealth of California billionaires has ignited a political uproar in Silicon Valley and across the state. A large health care union is attempting to place a proposal before voters in November that would impose a one-time 5% ta…
Inside the US justice department’s probe of Jay Powell - Financial Times
Investigation into Federal Reserve chair’s testimony raises questions around the independence of the country’s judicial arm
US approves sale of Nvidia's advanced AI chips to China - BBC
Nvidia has been caught in a tug-of-war between the US and China as the countries compete for AI dominance.
China's annual trade surplus hits a record $1.2 trillion as December exports sharply beat estimates - CNBC
China's exports growth in December sharply beat expectations, catapulting the annual trade surplus to a record high.
Japan in Crisis - Robin J Brooks | Substack
Only higher interest rates can stop the Yen from falling, but that risks a fiscal crisis
Frustration mounts inside White House over Pirro’s handling of Powell investigation - CNN
White House officials are heaping blame on DC US Attorney Jeanine Pirro over her office’s criminal investigation into Fed Chair Jerome Powell, faulting her for blindsiding them with an inquiry that has forced the administration into a dayslong damage control …
US approves sale of Nvidia's advanced H200 chips to China - BBC
Nvidia has been caught in a tug-of-war between the US and China as the countries compete for AI dominance.
Stock futures are flat as traders look ahead to more bank earnings: Live updates - CNBC
Bank earnings got off to a rocky start. Investors continued to digest several demands made by President Donald Trump.
Honey, I shrunk the data centres: Is small the new big? - BBC
Huge data centres are being built to handle AI computing but some experts say they aren't necessary.
Woman, child struck by vehicle in Meriden McDonald’s parking lot - WFSB
Two pedestrians were struck by a care in a McDonald’s parking lot on East Main Street Tuesday evening, according to Meriden police.