TazaPulse

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North Carolina Treasurer passes on SpaceX citing valuation concerns; favors OpenAI, Anthropic

TazaPulseJune 10, 2026

North Carolina State Treasurer Brad Briner said the year’s hottest IPO is too expensive for his pension fund to own. Briner, who oversees roughly $200 billion for North Carolina’s teachers, firefighters and police officers, said the state has invested heavily in artificial-intelligence startups OpenAI and Anthropic while avoiding a direct stake in SpaceX — expected...

Amazon trucking expansion sparks freight stock sell-off

TazaPulseJune 10, 2026

Amazon trailers are parked at an Amazon Air gateway at Miami International Airport in Miami, Sept. 26, 2023. Joe Raedle | Getty Images Shares of several large freight carriers slumped Wednesday after Amazon announced it’s opening up its trucking services to companies beyond its own network. The e-retailer said it will offer less-than-truckload shipping to...

Us Inflation: Cost of conflict: US inflation hits 3-year high as Iran war fuels energy shock

TazaPulseJune 10, 2026

US inflation climbed to a fresh three-year high in May, driven largely by rising energy prices linked to global supply disruptions following the Iran conflict, according to official data released on Wednesday.The Consumer Price Index (CPI) rose 4.2% in May compared to a year earlier, up from 3.8% in April, the US labour department said.It...

FSSAI Confirms No New Regulation on Zero Added Sugar in Baby Foods Amid Controversy | India News

TazaPulseJune 10, 2026

Baby food (AI representational) The Food Safety and Standards Authority of India (FSSAI) has confirmed that there is no new regulation mandating zero added sugar in infant foods.TOI’s queries on media reports that FSSAI had constituted a committee to assess whether added sugar ought to be allowed in infant food products did not elicit any...

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Regulators’ proposed prediction markets rules ban trading on terrorism, assassinations

TazaPulseJune 10, 2026

The Commodity Futures Trading Commission headquarters in Washington, Dec. 23, 2022. Ting Shen | Bloomberg | Getty Images Federal regulators came out with their first proposed rules on how to oversee prediction markets on Wednesday. The Commodity Futures Trading Commission, which has taken the lead as the federal regulator over the markets, will seek to...

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AI helps junior staff ‘mature’ faster, founder says, amid job crisis

TazaPulseJune 10, 2026

Orlando Bravo, co-founder of Thoma Bravo, during the Bloomberg House event in Miami, Florida, US, on Thursday, April 30, 2026. Bloomberg | Bloomberg | Getty Images Thoma Bravo’s billionaire founder says AI will transform junior workers’ roles by eliminating grunt work, despite growing concerns about the technology’s impact on entry-level roles. Orlando Bravo, the founder...

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CPI inflation report May 2026: Prices rose 4.2% annually

TazaPulseJune 10, 2026

Inflation accelerated in May as rising energy costs contributed to pain for consumers, though underlying pressures were less intense. The consumer price index, a broad gauge of goods and services costs across the U.S. economy, rose at a seasonally adjusted 0.5% for the month, putting the annual inflation rate at 4.2%, the Bureau of Labor...

Evening news wrap: Iran ‘reviews’ US negotiations following strikes; MP withdraws proposed two-child rule for government jobs & more | India News

TazaPulseJune 10, 2026

Trump warned that Iranwould “have to pay the price” as negotiations took “too long”. Madhya Pradesh has withdrawn a proposed two-child norm for government jobs, reversing a long-standing eligibility restriction. Families of Air India AI171 crash victims are questioning compensation settlement terms before the official investigation is complete. An Indian-origin police officer was killed while...

Ahmedabad Metro Rail Project Phase 2A: Ahmedabad Metro expansion: Cabinet approves Rs 2,169-crore airport corridor

TazaPulseJune 10, 2026

The Union cabinet on Tuesday approved Phase 2A of the Ahmedabad Metro Rail Project, a 6.032-km corridor connecting Koteshwar Road to Ahmedabad Airport.The project, approved by the Cabinet chaired by Prime Minister Narendra Modi, will be built at a total cost of Rs 2,169.04 crore, including interest during construction (IDC).The new corridor will have five...

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5 things to know before the stock market opens Wednesday

TazaPulseJune 10, 2026

This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Wednesday. Keep an eye out for the latest consumer inflation data dropping at 8:30 a.m. ET. If Wall Street’s consensus forecast comes true, it would mark the first time annual price growth registers above 4% since 2023. Stock futures are lower...