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Top stories today:
1. Fed pauses rate hikes but suggests +50 bps is coming by year-end
2. Google's shopping generative AI lets you try clothes on different models
3. EU Parliament approves AI regulation bill, which goes to member states
4. European Commission wants Google to break up its ad tech segment
5. Twitter sued by music association for $250M+
6. China's economy slows down in May

0. Data and calendar

All values as of 6 AM ET / 3 AM PT, other than S&P500 close (4 PM ET / 1 PM PT).

All times are ET.

1. Fed pauses rate hikes but suggests +50 bps is coming by year-end

Fed pauses rate hikes but suggests +50 bps is coming by year-end

0. Data and calendar

1. Fed pauses rate hikes but suggests +50 bps is coming by year-end

Keep reading

Anthropic restores Fable 5, Mythos 5 after U.S. lifts export controls

OpenAI teases Codex keyboard device for Jul. 15

GPT-5.6 Sol, Terra, Luna debut in limited preview as OpenAI’s newest frontier models

OpenAI said to delay IPO to 2027 amid doubts over Sam Altman’s $1T valuation goal

Fed pauses rate hikes but suggests +50 bps is coming by year-end

0. Data and calendar

1. Fed pauses rate hikes but suggests +50 bps is coming by year-end

Subscribe to keep reading

Keep reading

Anthropic restores Fable 5, Mythos 5 after U.S. lifts export controls

OpenAI teases Codex keyboard device for Jul. 15

GPT-5.6 Sol, Terra, Luna debut in limited preview as OpenAI’s newest frontier models

OpenAI said to delay IPO to 2027 amid doubts over Sam Altman’s $1T valuation goal