Inflation barometer May PPI snapshot and Lennar earnings
The Labor Department releases May producer price index data showing a 0.2% April rise after two flat readings, with year-over-year wholesale prices up 2.3% in April. Economists forecast a 0.1% April-to-May slip. Lennar earnings expected to fall versus last year amid a slower spring homebuying market and modest mortgage rate changes.
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Beatles unveil final record using AI to lift Lennon's voice
Paul McCartney explains that artificial intelligence isolated John Lennon's vocal from an old demo and allowed mixing to produce a new Beatles track. The project, decades after the band's breakup, aims to recreate Lennon's presence in the completed record with AI-assisted processing.
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Stocks Rise as Inflation Cools and Cohen Increases Stake
Stocks climbed on cooler inflation data fueling bets the Fed will pause rate hikes this week. The S&P 500 gained about 0.7 percent to near fresh highs, while GameStop Executive Chairman Ryan Cohen increased his stake in the retailer.
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Lawrence Douglas County Health picks Smith as new director
Jonathan Smith is named incoming Lawrence Douglas County Public Health director to lead social determinants of health work for Douglas County. He has worked at clinics in Michigan and Kansas and with Health Information Exchange through KAMMCO Health Solutions in Topeka. He succeeds Dan Partridge, who led LDCPH since 2007, while Sonia Jordan serves as interim director from June 16 to July 25.
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