Good morning, and happy Thursday! We were a little slow on this week’s optical puzzle, which is actually kind of perfect, considering that it involves snails. If you’d like to kickstart your brain in a fun way, take a look at this drawing and see if you can spot the one snail with a unique shell. This one took our team over a minute to figure out, so reply to this email and let us know how well you do! In Today’s Brief
...and more
First time reading? Sign up here
|
||
Top TipsFed pauses rate hikesThe U.S. Federal Reserve announced yesterday that it is pausing interest rate hikes, marking the first break after 15 months of consecutive increases. The decision to hold off on a rate hike this month was unanimous between all members of the Federal Open Market Committee. In a statement, the Committee said that it “decided to maintain the target range for the federal funds rate at 5 to 5-1/4 percent.” This is the range where the Fed lifted rates at their last meeting, and it marks the highest level of its key interest rate since 2007. The Committee also said that it “would be prepared to adjust the stance of monetary policy” going forward to bring inflation back to its target level of 2%. The Fed’s decision to pause rate hikes comes one day after the Labor Bureau released a report showing that U.S. inflation rose by 4% in May (as measured by the Consumer Price Index). That 4% annualized increase in the CPI marks a decline of 3.1% from its November 2022 level, which saw an annualized increase of 7.1% from November 2021. |
||
Modelo overtakes Bud LightModelo Especial surpassed Bud Light in sales this May, according to Nielsen data from consulting firm Bump Williams, overtaking Bud Light as the highest-selling beer brand in the U.S. for the first time in two decades. Modelo–which is manufactured in Mexico and owned by Constellation Brands in the U.S.–received 8.4% of sales in the four weeks ending June 3rd, while the American-made Bud Light received 7.3%. Bud Light sales fell 24.6% compared to the same period last year, while Modelo sales jumped 10.2%, the data shows. However, Bump Williams stated that Bud Light still retains its number-one sales ranking on a running year-to-date basis (9% vs. Modelo’s 8%). Bud Light’s sales in the U.S. and overall market share have fallen in the weeks following the brand’s April partnership with social media influencer Dylan Mulvaney. Since the campaign began, the stock price of Bud Light’s parent company, Anheuser-Busch, has fallen around 15%. |
||
New Beatles recordDecades after the band broke up, Paul McCartney said that artificial intelligence was used to extract John Lennon’s voice from an old demo to create “the last Beatles record.” McCartney said that in order to use Lennon’s voice, he turned to Lord of the Rings director Peter Jackson for help. Speaking on the process, McCartney said that Jackson “was able to extricate John’s voice from a ropey little bit of cassette that had John’s voice and a piano.” He added that Jackson “could separate them with AI–he could tell the machine, ‘That’s the voice, that’s the guitar, lose the guitar. And he did that.” While McCartney didn’t specify the name of the track, it is speculated to be titled “Now and Then” which Lennon composed before his death in 1980. AI has become more prevalent in the creation of music this year. One of the more notable examples was a song called “Heart On My Sleeve” which used AI to clone the voices of Drake and The Weeknd. The song was removed from streaming services after it began charting. |
||
In partnership with Babbel
How to travel like a bossYou know you've always wanted to impress that cute French bartender or order tapas like a pro in Spain. Well, now you can make those dreams a reality with Babbel! Say goodbye to boring textbooks and hello to fun games, podcasts, and videos. Thanks to the expertise of 150 linguists, Babbel's unique approach uses scientifically proven methods to help you start speaking a new language in as little as 3 weeks. Plus, their bite-sized, 10-minute lessons are perfect for anyone with a busy schedule. You can learn on-the-go and fit it into your day faster than you can say "adiós" to your monolingual days. With 14 languages to choose from, Babbel has got you covered whether you want to impress your crush in Dutch or make small talk with locals on your next trip to Germany. And let's be real, who doesn't want to feel like a total boss while exploring new cultures? Don't wait any longer to start your language journey. Sign up for Babbel today and get up to 60% off your subscription. The world is waiting for you.
Please support our sponsors!
|
||
Quick TipsAround the Globe
On the Homefront
Glitz & GamesIn partnership with Xero Shoes
From our partners: Live Life Feet First – Most of us are walking around in shoes that keep our feet from doing what they were made for: flexing, moving, and feeling. With flexible soles and open-toe designs, Xero Shoes let your feet move naturally while giving you the support you need to stay comfortable all day. Try Xero Shoes and see why it’s one of Shark Tank’s biggest hits to date! Business & Markets
Tips & Tricks
|
||
Tip-OffsThe world’s most and least-competitive job markets. …and see the world’s most common blood types. The latest enemy of Musk’s Twitter: music publishers. One teen breaks the record for solving a Rubik’s cube. Different rooms affect the sound of balloons popping. Starbucks gets dinged in a case of racial discrimination. A first-ever wild hatching of endangered Burmese turtles. …and four things to know about the holiday Juneteenth. |
||
Looking Back…On June 15th: Bob Barker steps down as host of The Price Is Right after more than 30 years (2007); the U.S. Marines attack Saipan in the Mariana Islands while fighting in Word War II (1944); George Washington is named commander in chief of the colonies by the Continental Congress (1775); rapper and actor Ice Cube is born (1969). |
||
In partnership with Babbel
This isn't like you remember in high schoolBabbel is the real deal, and it's nothing like those snooze-fest high school classes you suffered through. With over 10M subscriptions sold, they're clearly doing something right. Babbel is designed by 150 linguistic geniuses who know what it takes to help you start speaking a new language in as little as three weeks. Their state-of-the-art tech makes learning a new language as easy as scrolling through Instagram. You won't find any boring lectures or endless memorization here - Babbel's got podcasts and games that will make you feel like you're chatting with locals in no time. Their lessons are short and sweet, so you can squeeze them into your busy schedule. Say "bonjour" to Babbel, and as a special treat for Tip News readers, you get up to 55% off a subscription. Don't miss out on this language revolution.
Please support our sponsors!
|
||
Support Tip NewsSpread the word about Tip News with your friends and earn epic rewards to help you relax, reflect and renew. ![]() Your Referral Count: 1Click the button below to access your personal rewards hub. Or share your personal referral link with others: |
||
This month's raffleGet a Wildcrafted Anti-Aging Skin Care Bundle from annmarie
Ends 6/30/23, 11:59 pm ET. Must be 18 years or older and a United States resident. Visit our website for official rules. |
||
Copyright © 2023, Tip News |
||