GM cutting hundreds of salaried IT workers as it trims costs, evaluates needs
General Motors is laying off hundreds of salaried employees in its information technology operations.
AI is ‘absolutely useless’ at forecasting inflation. This proven model is 12 times more accurate.

A “low-tech” tool from the Cleveland Fed consistently outperforms generative AI, which has struggled to provide reliable forecasts.
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There’s a new top target for the S&P 500 as the ‘melt-up’ intensifies

‘We’ve never seen anything like this,’ says Wall Street veteran Yardeni
I’m giving $10,000 to my stepchildren. My wife warned me against gifts of equal value for my nephews. Is that fair?

“Our net worth is about $4 million, and we are both 60.”
U.S. stock futures fall, oil surges as Trump calls Iran’s latest offer to end war ‘totally unacceptable’

U.S. stock-index futures fell and oil prices rose on Sunday, after President Donald Trump called Iran’s response to the latest U.S. proposal to end the war “totally unacceptable.”
As Nvidia earnings draw closer, here are 5 things investors need to watch

The chip maker’s stock has been a laggard — but Goldman Sachs sees five potential catalysts that could come out of its earnings call later this month.
Target is trying to win back busy families from Walmart, starting with the baby aisle
Target is refreshing its baby category as part of a broader effort to offer better products and more convenience to compete with Walmart and Amazon.
‘Fibermaxxing’ has spurred the launch of fiber sodas and gummies. Is the craze going too far?

Companies are rushing to cash in on “functional snacking,” but experts warn that the health benefits of fiber treats might not be all they’re cracked up to be.
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