Writing the summary…
Inflation is outpacing wage growth again, squeezing Americans’ paychecks
Original reporting
CNBC: read the full reportRelated stories

'Skimpflation' warning as tinned mackerel alternative hits more supermarket shelves
Consumer group Which? has called the sale of jack mackerel, a cheaper, less nutritious species of fish, an example of "skimpflation".
Conversations that AIs are having in the office that may influence your performance review and pay
AI tools can help find the right tone and language for difficult workplace conversations about performance and pay, and managers are already using them.
Trump sees Iran war ending soon after midterm elections, predicts oil prices will then fall sharply
Oil prices retreated on Friday on hopes of a resumptions in negotiations, but notched sharp weekly gains after soaring above $100 a barrel.
Larry Ellison nixes plan to offload up to $7.5 billion worth of Oracle stock
Oracle founder Larry Ellison, the world's seventh-richest person, can sell up to 50 million of his shares in the software company under a new trading plan.
Anthropic's Amodei proposes plan to 'slow the pace' of advancing AI capabilities
Amodei's essay landed after an Anthropic researcher set off a firestorm on social media this week by announcing he quit his job at the company.

Donations of £72m make Reform’s prospects both rosier and riskier
Party can boost its campaign power with funds from billionaire backers, but it can also lose support from ordinary Britons All things being equal, pretty much any political strategist would welcome a £72m war chest; a sum higher than the combined spending of every major party at the 2024 general election. But all things are not equal, and with such a huge amount comes risk. Reform UK has been vocal in its arguments that two sudden £36m windfalls from billionaires Ben Delo and Christopher Harborne merely “levels the playing field” with the bigger parties when it comes to funding. Continue reading...