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Anthropic is calling for a global pause on development of the most powerful AI systems, saying current models are beginning to show signs of escaping human control.
US inflation is set to rise further:
ISM Services Prices rose +0.6 points in May, to 71.3, the highest since August 2022.
Since February, the index has risen +8.3 points, the biggest 3-month increase since 2021.
Diesel, gasoline, oil, and related commodities were the most frequently cited as "up in price" in the survey.
In May alone, no commodities were reported as "down in price."
Historically, rapidly rising services prices have led CPI inflation with a ~3-month lag.
The current reading suggests CPI could rise above 5.0% for the first time since early 2023, from the 3.8% seen in April.
Inflation pressures are mounting.
BREAKING: The US economy adds 172,000 jobs in May, crushing expectations of 85,000.
The unemployment rate was 4.3%, in-line with expectations of 4.3%.
April's jobs number was also revised UP by +64,000 jobs.
This marks the second strongest US jobs report in 13 months.
๐จ๐บ๐ธ Flesh-eating screwworm detected in the US for the first time since 1966.
A 3-week-old calf in La Pryor, Texas, just 30 miles from the Mexican border, is the first confirmed case.
This parasite burrows through living flesh. Females lay eggs in open wounds. If untreated, it kills the host.
The USDA is now establishing a 20km quarantine zone and preparing to release millions of sterile flies to contain the spread.
This has been advancing through Central America and Mexico for over a year. Everyone saw it coming.
Now it's here. And beef prices are about to feel it.