Weis Markets rolls out Instacart’s AI-powered caper carts to reinvent in-store shopping

Weis Markets has partnered with Instacart to launch AI-powered Caper Carts, bringing smart shopping cart technology to select grocery stores. Featuring computer vision, digital coupons, loyalty rewards and real-time spending updates, the initiative highlights how artificial intelligence in retail is reshaping the in-store shopping experience and driving the next phase of retail innovation.

US Stock Market: Bessent applauds Fed communication reset, questions dot plot’s relevance

U.S. Treasury Secretary Scott Bessent has backed Federal Reserve Chair Kevin Warsh’s push to revamp the Fed’s communication strategy, including a review of its widely watched dot plot interest-rate forecasts and forward guidance. Bessent argued that markets have become overly reliant on these projections, which often fail to accurately predict future policy moves.

US Stock Market: Retail investor rush sends Wendy’s stock soaring on heavy trading volume

Wendy’s shares experienced a dramatic surge, climbing nearly 29% as retail investors flocked to the struggling fast-food chain. This rally, reminiscent of the 2021 meme stock craze, saw the stock trending on platforms like Stocktwits and Reddit. The significant buying interest from individual traders comes as the company faces sluggish sales and activist pressure, with…

Global Market: China’s ‘future industries’ investment boom sparks valuation bubble concerns

China is witnessing a massive surge in venture capital, pouring billions into futuristic sectors like space, quantum computing, and AI. This investment frenzy, driven by Beijing’s ambition to lead in technology and reduce reliance on foreign tech, sees even revenue-less startups attracting significant funding. Investor confidence is high, with new listing rules easing domestic market…