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August US PCE inflation cools to within reach of Fed target

(Reuters) – The personal consumption expenditures (PCE) price index rose 0.1% in August after an unrevised 0.2% gain in July the Commerce Department reported on Friday. Economists had forecast PCE inflation advancing 0.1%. In the 12 months through August, the PCE price index increased 2.2% after rising 2.5% in July. …

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No, Sam Altman, AI Won’t Solve All of Humanity’s Problems

We already knew where OpenAI’s CEO, Sam Altman, stands on artificial intelligence vis-à-vis the human saga: It will be transformative, historic, and overwhelmingly beneficial. He has been nothing but consistent across countless interviews. For some reason, this week he felt it necessary to distill those opinions in a succinct blog …

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Best High-Yield Savings Accounts for September 2024

As widely expected, the Federal Reserve issued an interest rate cut at its September meeting. The response from banks and credit unions varied. Some banks tracked by CNET dropped their annual percentage yields, or APYs, on high-yield savings accounts, making the average APY drop from 4.80% last week to 4.69% …

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‘Saturday Night’ | Anatomy of a Scene

new video loaded: ‘Saturday Night’ | Anatomy of a Scene transcript Back transcript ‘Saturday Night’ | Anatomy of a Scene The director Jason Reitman narrates a sequence from his film about the making of the first episode of “Saturday Night Live.” Hey, this is Jason Reitman. I’m the co-writer and …

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