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The consumer price index dipped 0.1% last month, the first drop since May 2020, after being unchanged in May, the Labor Department’s Bureau of Labor Statistics said. U. S. consumer prices fell for the first time in four years in June amid lower gasoline costs and moderating rents, firmly putting disinflation back on track and drawing the Federal Reserve another step closer to cutting interest rates in September.

So far, Arbaugh, based in Arizona, was the only patient to have received the implant, but Musk said he hopes to have participants in the high single digits this year. The tiny wires of Neuralink’s brain chip implant used in the first participant in a trial run by Elon Musk’s company have become “more or less very stable”, a company executive said on Wednesday.

The latest inflation readings will likely help convince the Fed’s policymakers that inflation is returning to its 2% target. Inflation in the United States cooled in June for a third straight month, a sign that the worst price spike in four decades is steadily fading and may soon usher in interest rate cuts by the Federal Reserve.

Movie rental service Redbox is finally closing after its parent company announced that assets will be liquidated in Chapter 7 bankruptcy. Here’s what to know. Redbox, those familiar kiosks that dispense DVDs and Blu-Rays at Walmart and convenience and grocery stores around the country, has finally succumbed to the digital revolution with Redbox closing.

Helium leaks and thruster failures almost derailed their arrival at the International Space Station, and have kept them there much longer than planned. Two astronauts who should have been back on Earth weeks ago said Wednesday that they’re confident that Boeing’s space capsule can return them safely, despite a string of vexing breakdowns.

Comment sections have historically been bastions of hate speech and polarization. Spotify is trying to navigate this maze with their new podcast feature. Spotify announced this week the rollout of a comments feature on its podcasts. But we’ve already seen other tools’ and websites’ comment sections devolve over the years into hate speech and polarization.