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Inflation rate slipped to 2.1% in April, lower than expected, Fed’s preferred gauge shows newsthirst.

Inflation barely budged in April as tariffs President Donald Trump implemented in the early part of the month had yet to show up in consumer prices, the Commerce Department reported Friday. The personal consumption expenditures price index, the Federal Reserve’s key inflation measure, increased just 0.1% for the month, putting the annual inflation rate at…

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Japan AI unicorn Preferred Networks has big plans in trucking, robots newsthirst.

Toru Nishikawa (right), co-founder and chief executive officer of Preferred Networks, and Daisuke Okanohara, co-founder and chief executive researcher, with a Fanuc Corp. robotic arm at their company’s headquarters in Tokyo, Japan, March 16, 2018. Bloomberg | Bloomberg | Getty Images Preferred Networks is a little-known name outside of Japan, but the Toyota-backed artificial intelligence unicorn…

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