My morning WFB (work from seashore) reads:
• US greenback suffers worst begin to 12 months since 1973: Donald Trump’s commerce insurance policies and rising debt ranges have sparked decline of greater than 10% in first half of 2025, US greenback suffers worst begin to 12 months since 1973 (Monetary Instances)
• The Jobs Market Is Beginning to Fall Aside: Even when Thursday’s jobs report is available in sturdy, a glance behind the headline quantity tells a special story. (Wall Road Journal) see additionally Amazon Is on the Cusp of Utilizing Extra Robots Than People in Its Warehouses: The e-commerce big now counts multiple million of the machines at its services. (Wall Road Journal)
• E.T.F.s Are Booming. Mutual Funds Need In on the Motion. Asset managers are eagerly awaiting an S.E.C. choice that might permit mutual funds to additionally commerce as E.T.F.s — probably altering how trillions of {dollars} are invested. (New York Instances)
• Surveillance pricing lets firms determine what your greenback is price: What when you present up on the resort at 9pm and the hotelier can ask a credit score bureau how a lot you possibly can afford to pay for the room? What if they will discover out that you just’re in chemotherapy, so that you don’t have the stamina to buy round for a less expensive room? What if they will inform that you’ve got a 5AM flight and have to get to mattress proper now? (Pluralistic)
• They’re within the Prime 10% of Earners. They Nonetheless Don’t Really feel Wealthy. By many measures, probably the most prosperous People are thriving. However $250,000 doesn’t imply what they thought it will. (Wall Road Journal)
• How Trump’s Tariffs May Upend the Auto Trade—and Increase the Value of Your Subsequent Automotive: President Trump needs an all-American automobile. U.S. car gross sales might plunge by as a lot as 20% if he makes use of large levies to get one. (Barron’s)
• Name Middle Employees Are Uninterested in Being Mistaken for AI: As extra employees are requested by strangers in the event that they’re bots, surreal conversations are prompting introspection within the business about what it means to be human. (Bloomberg) see additionally Disrupted or displaced? How AI is shaking up jobs: New expertise is beginning to have a profound impact on work and employment. (Monetary Instances)
• Inside Operation Gold Rush, largest well being care fraud bust in U.S. historical past: Officers say they have been in a position to cease Medicare from paying out $10 billion, however perpetrators nonetheless collected about $1 billion from different insurers. (Washington Put up)
• The seven issues that make ADHD a lot worse: Consultants level to a spread of life-style and environmental triggers that may worsen this neurodevelopmental dysfunction. Right here’s repair them (Telegraph)
• LeBron James’ contract choice marks main Lakers shift — towards Luka Dončić: The Los Angeles Lakers’ Luka Dončić period has formally begun; LeBron James’ choice to select up his $52.6 million participant possibility for subsequent season. His leverage isn’t what it as soon as was nowadays, and that has all the things to do with Dončić. (New York Instances)
You’ll want to take a look at our Masters in Enterprise subsequent week with Kate Moore, Chief Funding Officer of Citi Wealth; chargeable for overseeing investments, portfolio technique and asset allocation for the trillion {dollars} Citi Wealth manages. Beforehand, she was Head of Thematic Technique and PM for the International Allocation Fund at BlackRock.
Processing Cycles: Computing will quickly eat extra vitality air-con globally
Supply: Tedium
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