July 15, 2025
Inflation ticked up to 2.7% in June as the effects of tariffs took hold, potentially complicating Donald Trump’s economic playbook. Consumer prices rose 0.3% since May, fueled by higher gas and apparel costs. Core inflation – which is seen as more reliable because it discounts volatile food and energy prices – also edged up to 2.9% year-over-year. With new tariffs looming Aug. 1, policymakers are bracing for more turbulence.
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Microsoft is advancing its efforts to eliminate single-use plastics across its global packaging portfolio through material innovation and design changes across products like Surface and Xbox. By rethinking how packaging works—from cushioning to coatings and structural components—the company is reducing waste and demonstrating how design decisions at scale can deliver meaningful sustainability impact. Last week, Microsoft marked a key milestone in reducing single-use plastic in its packaging to just 0.07%, reflecting significant progress toward its broader commitment to become a zero-waste company by 2030. Read the full story here.
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In this “ask ian,” Ian Bremmer says the United Arab Emirates’ decision to withdraw from OPEC reflects a broader erosion of trust in longstanding institutions amid growing regional instability.
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