Pelosi claims government spending is ‘reducing the national debt,’ not causing inflation https://ift.tt/SaFPsHm

House Speaker Nancy Pelosi, D-Calif., argued Friday that increased government spending is "doing the exact reverse" of contributing to inflation.

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A look at Temu, Shein, Meituan, and other Chinese companies' expansion plans in Brazil, as they face slowing domestic demand and hurdles in the US and Europe (Meaghan Tobin/New York Times) https://ift.tt/F1qzQUR

Meaghan Tobin / New York Times : A look at Temu, Shein, Meituan, and other Chinese companies' expansion plans in Brazil, as they face slowing domestic demand and hurdles in the US and Europe — Confronted with tariffs and scrutiny in the United States and Europe, Chinese consumer brands are betting that they can become household names …

Miami-based Pelico, which offers a supply chain orchestration platform, raised a $40M Series B led by General Catalyst, bringing its total funding to $72M (Colin Campbell/Axios) https://ift.tt/kfjRq7o

Colin Campbell / Axios : Miami-based Pelico, which offers a supply chain orchestration platform, raised a $40M Series B led by General Catalyst, bringing its total funding to $72M — Supply chain orchestration platform Pelico raised $40 million in strategic financing led by General Catalyst, co-founder Tarik Benabdallah tells Axios Pro.

Tesla's robotaxi service will launch in Austin with just ~10 cars that are geofenced to avoid complex intersections and monitored by backup teleoperators (Richard Waters/Financial Times) https://ift.tt/4Pt6rf8

Richard Waters / Financial Times : Tesla's robotaxi service will launch in Austin with just ~10 cars that are geofenced to avoid complex intersections and monitored by backup teleoperators — Autonomous ride-hailing service to make tentative debut in Austin, Texas, with only about 10 cars — For Elon Musk, tech's great showman …

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