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Apollo Global Management's Slok warns: The Federal Reserve may be underestimating inflation risks from soaring diesel prices.
Torsten Slok of Apollo Global Management Inc. warns that record diesel prices pose a greater threat to inflation than the Federal Reserve may realize, as these fuel costs are passed on to the core Consumer Price Index (CPI).
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Google will launch its first AI chip satellite next week via SpaceX, equipped with its self-developed Trillium TPU chip, but it will require a 15-minute shutdown for cooling after each 15-minute operation.
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Bitget's security team confirmed a backend system intrusion, with forged transfers triggering an outflow of funds; the CEO stated losses exceeded $300 million, possibly linked to North Korean hackers.
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