Inflation corners the Fed

Stubborn inflation has the Fed cornered while AI's biggest leaders call to slow down, two forces reshaping the outlook investors face right now.

• August inflation ran hot, pushing the market to price a roughly 90% chance of a September rate hike.
• The Trump administration's push for rate cuts leaves Fed Chair Warsh caught between stubborn inflation and political pressure to ease policy.
• Leaders of the three largest AI companies jointly called to slow development, warning AI is advancing faster than humans can monitor or control it.