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Food safety
Nara organic infant formula recalled after 3 botulism cases
The voluntary recall covers whole milk powdered infant formula sold in the U.S. through Target, Target.com and Nara.com, according to an FDA notice
Media consolidation
Fox to buy Roku in $22 billion streaming deal
The cash-and-stock agreement would pair Fox’s live news and sports business with Roku’s streaming platform and is expected to close in the first half of 2027
Inflation
Wholesale prices jump 1.1% in May as energy costs surge
The producer price index rose faster than economists expected, lifting annual wholesale inflation to 6.5%, its highest rate since November 2022
Inflation
U.S. inflation rose to 4.2% in May, highest in three years
The consumer price index matched forecasts as energy prices jumped, while core inflation came in softer on a monthly basis
Artificial intelligence
OpenAI files confidential IPO plans as AI funding race accelerates
The ChatGPT maker says no timing has been set, but its filing follows Anthropic’s own public-listing plans and a looming SpaceX debut
Food costs
8 free apps that can help trim grocery and meal costs
Flashfood, Too Good To Go, Ibotta and other food-saving apps offer different ways to find discounts, use leftovers, earn rewards or locate free local food