The Trump administration forced Anthropic, one of the country's leading artificial intelligence companies, to disable its new and powerful AI model, citing security concerns. It's an unprecedented move that comes as the government struggles to define the guardrails for an industry whose technology is rapidly advancing. Stephanie Sy discussed more with Amrith Ramkumar of The Wall Street Journal.
Spiking energy prices sent inflation to a three-year high in May, up 4.2% annually. The Labor Department said the cost of energy was responsible for over 60% of the increase. Core inflation, which strips out volatile food and energy prices, was up a more modest 2.9%. Geoff Bennett discussed more with Roben Farzad of Full Disclosure.