Steak-hungry Americans are skipping the meat aisle — and heading to restaurants instead. Why it matters: Sky-high grocery prices , especially for beef, are reshaping how people consume one of the most expensive proteins — and narrowing the gap between cooking at home and dining out. - Steak has become one of the most expensive items at the grocery store. - The average price for uncooked beef steaks is now about $12.74 per pound — a record high, federal data shows . Driving the news: Darden Restaurants said Thursday its LongHorn Steakhouse chain posted 7.2% same-store sales growth, far outpacing other brands in its portfolio. - At the same time, executives pointed to "double-digit demand destruction" for beef at retail — a…
Steak-hungry Americans are skipping the meat aisle — and heading to restaurants instead. Why it matters: Sky-high grocery prices , especially for beef, are reshaping how people consume one of the most expensive proteins — and narrowing the gap between cooking at home and dining out. - Steak has become one of the most expensive items at the grocery store. - The average price for uncooked beef steaks is now about $12.74 per pound — a record high, federal data shows . Driving the news: Darden Restaurants said Thursday its LongHorn Steakhouse chain posted 7.2% same-store sales growth, far outpacing other brands in its portfolio. - At the same time, executives pointed to "double-digit demand destruction" for beef at retail — a…Open
A bipartisan House Homeland Security Committee briefing with Anthropic's Jack Clark was held behind closed doors on Wednesday, per sources familiar with the meeting, and only briefly touched on the company's fight with the Pentagon. Why it matters: Anthropic — which is suing the federal government over its designation as a supply chain risk — is engaging with lawmakers on national security and AI, even as much of that discussion is happening out of the public eye. Inside the room: Clark met with committee lawmakers from both sides of the aisle in a closed-door session, according to three sources familiar with the meeting. - The discussion focused largely on issues like model distillation — shrinking powerful AI systems into…
A bipartisan House Homeland Security Committee briefing with Anthropic's Jack Clark was held behind closed doors on Wednesday, per sources familiar with the meeting, and only briefly touched on the company's fight with the Pentagon. Why it matters: Anthropic — which is suing the federal government over its designation as a supply chain risk — is engaging with lawmakers on national security and AI, even as much of that discussion is happening out of the public eye. Inside the room: Clark met with committee lawmakers from both sides of the aisle in a closed-door session, according to three sources familiar with the meeting. - The discussion focused largely on issues like model distillation — shrinking powerful AI systems into…Open
Its publisher, Hachette, will not release the novel in the United States and will discontinue its U.K. edition, citing its commitment to “original creative expression and storytelling.”
The president was cagey about his plans for Iran. He confirmed the Pentagon was seeking $200 billion to support a protracted war effort while also claiming it would be over soon.
Michael Rapino, the chief executive of the live entertainment colossus, fought back against accusations his government unfairly dominates the music industry.
The White House is expected to send Congress its ideas for regulating AI on Friday, sources familiar with the matter told Axios, but policy disagreements on the Hill are far from resolved. Why it matters: Republicans are looking to the White House for direction on AI, but its plan is likely to run into the same sticking points that have stalled action for years. - Those include how to protect children online and whether to preempt state laws that conflict with the federal standards they're trying to set. - Pressure is mounting for Congress to act as states move ahead with laws that AI companies are increasingly comfortable living with. What's inside: The White House is eyeing Friday to announce a legislative framework for federal AI…
The White House is expected to send Congress its ideas for regulating AI on Friday, sources familiar with the matter told Axios, but policy disagreements on the Hill are far from resolved. Why it matters: Republicans are looking to the White House for direction on AI, but its plan is likely to run into the same sticking points that have stalled action for years. - Those include how to protect children online and whether to preempt state laws that conflict with the federal standards they're trying to set. - Pressure is mounting for Congress to act as states move ahead with laws that AI companies are increasingly comfortable living with. What's inside: The White House is eyeing Friday to announce a legislative framework for federal AI…Open
The Trump administration announced a three-phase transition that will eventually include management of most federal student loans as well as the Free Application for Federal Student Aid (FAFSA).