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Fed's Collins: Whether interest rates can be maintained depends on progress in inflation; if there is no sustained improvement, a rate hike will be considered.

Fed's Collins: Whether interest rates can be maintained depends on progress in inflation; if there is no sustained improvement, a rate hike will be considered.

``` Boston Fed President Susan Collins stated that she currently supports keeping interest rates unchanged, but this position depends on inflation continuing to fall back towards the Fed’s 2% target and making more progress. Collins wrote in an article published by the Boston Fed on Tuesday: "Maintaining the current

Waymo plans to launch a driverless taxi service in Munich by the end of 2027.

Waymo plans to launch a driverless taxi service in Munich by the end of 2027.

``` Waymo is extending its autonomous mobility footprint to Europe. The Alphabet-owned company announced plans to offer driverless ride-hailing services in Munich, Germany by the end of 2027, marking its first attempt to enter the EU market and its third international market. Waymo stated in Tuesday's announcement that the

NVIDIA targets entry-level physical AI, Jetson Orin Nano 2 doubles inference performance and reduces power consumption by 40%.

NVIDIA targets entry-level physical AI, Jetson Orin Nano 2 doubles inference performance and reduces power consumption by 40%.

``` Nvidia is further extending the capabilities of artificial intelligence (AI) from data centers to real-world devices such as robots. On Tuesday the 25th Eastern Time, Nvidia announced the release of its new generation entry-level robotics computing platform, Jetson Orin Nano 2, targeting edge AI applications such as robots and drones

Hormuz shipping sees a breakthrough! Iran and Oman plan to establish a temporary security corridor, crude oil drops more than 4% intraday

Hormuz shipping sees a breakthrough! Iran and Oman plan to establish a temporary security corridor, crude oil drops more than 4% intraday

``` New diplomatic progress has emerged in restoring shipping in the Strait of Hormuz, with international crude oil prices extending losses during Tuesday’s session. Iran and Oman issued a joint statement on the 25th, announcing that both sides have discussed establishing a temporary joint shipping corridor and conducting demining operations

Hai Di Lao Rarely Reflects on Old Growth Model: Growth Should Shift from the Frontline to "Headquarters Platform Driven"

Hai Di Lao Rarely Reflects on Old Growth Model: Growth Should Shift from the Frontline to "Headquarters Platform Driven"

``` One of Haidilao’s most distinctive organizational abilities in the past was granting authority to the frontline. But as the restaurant business becomes increasingly difficult, the boundaries of this model are now being redefined. On August 25, Haidilao disclosed its unaudited 2026 interim results. The company’s revenue in the

Brent crude falls below $90: US plans to send diplomats back to the Middle East, Palestinian side mediates with sanctions relief proposal

Brent crude falls below $90: US plans to send diplomats back to the Middle East, Palestinian side mediates with sanctions relief proposal

Multiple signals of diplomatic easing have emerged, putting significant pressure on the crude oil market. Brent crude fell below $90 per barrel on Tuesday, with a decline of over 3%, while WTI crude simultaneously dropped to around $82.50, hitting a one-week low. According to Xinhua News Agency, Pakistan’s

Goldman Sachs Partner: Using less AI makes you "dumber"

Goldman Sachs Partner: Using less AI makes you "dumber"

``` AI is making Wall Street employees more efficient, but it may also make them “dumber.” An AI head at Goldman Sachs warns that excessive reliance on AI could cause “cognitive atrophy,” leading people to gradually lose the ability for independent reasoning and problem-solving. According to CNBC, Chris Churchman, head of