Opinion: Mark Zuckerberg’s massive bet on virtual reality is about to meet actual reality, and it won’t be pretty

Mark Zuckerberg is targeting corporate users with Meta Platforms Inc’s expensive new virtual reality headset. Even if the Meta Quest Pro manages to attract remote workers, the timing couldn’t be worse. In a keynote speech at the META, -1.54% Annual Developers Conference Tuesday, Zuckerberg unveils its latest VR headset at a whopping $1,499It is scheduled … Read more

Opinion: The Fed is missing a crucial turning point in its fight against inflation because it believes in flawed data

The Fed can’t see the next potential economic meltdown because it’s still looking in the rear-view mirror, seeing nothing but High inflation. The risk arises because the CPI and PCE – the two most important measures of inflation – have a fatal flaw in the way they measure shelter costs. “ If you get your … Read more