How Focusing On Meeting Deadlines Can Cost More Than Missing ThemgettyIt might sound counterintuitive to say that deadlines cost more than missing them, but the reality is there is a hidden danger in treating deadlines as sacred. There is an opportunity cost of finishing on time without asking enough questions. When leaders push projects forward no matter what, they often silence curiosity, discourage people from raising concerns, and miss the chance to slow down in ways that could prevent disaster. There a ...

NEW YORK (AP) — Wall Street keeps setting more records, and excitement about the artificial-intelligence industry keeps leading the way. The S&P 500 climbed 0.4% to set an all-time high following mixed trading on Monday. The Dow Jones Industrial Average dipped 63 points, or 0.1%, while the Nasdaq composite rose 0.7% to its own record. Advanced Micro Devices helped lead the way and soared 23.7% after announcing a deal where OpenAI will use its chips to power AI infrastructure. As part of the deal, OpenAI ...

Core Insights - The Trump administration is considering significant tariff reductions for major automobile producers in the U.S. if they produce or assemble their cars domestically, which could benefit the U.S. advanced manufacturing and automotive industries [2][3] - For Faraday Future (FF), this potential policy change could enhance pricing flexibility and profitability for the FX Super One and bolster confidence in the U.S. automotive industry, positively impacting capital market perceptions [3] - FF has finalized the U.S. production assembly plan for the FX Super One, with component supply set to commence, aiming for the first U.S.-version rollout by year-end [4][9] - The FX Super One is undergoing testing and validation in both the U.S. and UAE, with a launch in the UAE scheduled for October 28 and deliveries starting in November [6] - FF showcased the FF 91 and FX Super One at WETEX 2025 in the Middle East, receiving positive feedback and interest from UAE royal families and government officials, marking progress in the company's strategic initiatives in the region [7] - FF successfully closed a strategic investment of $30 million in Nasdaq-listed QLGN, reflecting a nearly 140% unrealized gain based on the closing price at the time of the transaction [9][11] - The company has recently strengthened its leadership team with new appointments in legal affairs, capital markets communication, and financial management [10] Production and Development - The finalized U.S. production assembly plan for the FX Super One is a critical milestone that will impact vehicle delivery costs and operational efficiency [4][9] - The component supply system for the FX Super One has reached initial completion, indicating progress in the execution of the Bridge Strategy [5] - Ongoing testing and validation of the FX Super One in the U.S. and UAE are crucial for ensuring readiness for the upcoming launches [6] Strategic Investments and Market Position - The investment in QLGN is part of FF's broader strategy to engage in the cryptocurrency and Web3 sectors, with plans for rebranding and launching new products under the CXC10 name [11] - The company's Dual Flywheel & Dual Bridge Eco-Strategy aims to integrate financial and mobility ecosystems, potentially unlocking greater value creation [12] Safety and Future Plans - A recent fire incident at one of FF's satellite office buildings highlighted the need for improved safety measures, prompting the company to enhance its fire prevention efforts [13] - Looking ahead, FF will focus on the production readiness of the FX Super One in the U.S. and preparations for deliveries in the UAE [14]

Core Insights - The Trump administration is considering significant tariff reductions for major automobile producers in the U.S. if they produce or assemble their cars domestically, which could benefit the U.S. advanced manufacturing and automotive industries [2][3] - Faraday Future (FF) has finalized the U.S. production assembly plan for the FX Super One, with component supply set to commence, aiming for the first U.S.-version rollout by year-end [4][15] - FF successfully closed a strategic investment of $30 million in Nasdaq-listed QLGN, reflecting a nearly 140% unrealized gain based on the closing price at the time of the transaction [9][15] Production and Development - The finalized production assembly plan for FX Super One is expected to significantly impact vehicle delivery costs and operational efficiency throughout the product lifecycle [4] - The component supply system has reached initial completion, marking a critical phase in executing the Bridge Strategy [5] - Ongoing testing and validation for the FX Super One are taking place in both the U.S. and UAE, with a launch set for October 28 and deliveries starting in November [6] Market Engagement - FF showcased the FF 91 and FX Super One at WETEX 2025 in the Middle East, receiving positive feedback and interest from UAE and Dubai royal families and senior government officials [7] - The participation in WETEX 2025 is seen as a strategic step forward in establishing a presence in the Middle East market [7] Leadership and Strategy - Three new leaders have joined FF, enhancing expertise in legal affairs, capital markets communication, and financial management [8] - The company is focused on its Dual Flywheel & Dual Bridge Eco-Strategy, which aims to integrate financial and mobility ecosystems [10] Safety and Future Plans - A fire incident at one of FF's satellite office buildings highlighted the need for improved safety measures, prompting the company to enhance its fire prevention efforts [11] - Looking ahead, FF will continue to prioritize the U.S. production readiness of FX Super One and preparations for UAE deliveries [12]

Core Points - The Hainan Provincial Department of Commerce has announced adjustments to the 2025 consumer goods trade-in policy, specifically suspending the automobile replacement subsidy policy effective from October 6, 2025 [1] - Consumers who have obtained a new vehicle sales invoice before October 6, 2025, can still apply for subsidies, while applications for invoices issued after this date will not be accepted [2][4] - The deadline for submitting subsidy applications is October 31, 2025, and any necessary corrections must be completed by November 15, 2025, or the application will be considered forfeited [4][5] Policy Adjustments - The automobile replacement subsidy policy is suspended, but subsidies for household appliances, home decoration, and digital products will continue under existing policies [1] - The policy suspension does not affect consumers who purchased new vehicles before the suspension date and meet the subsidy criteria [3] - Consumers must ensure that their new vehicles are registered and that all necessary documentation is completed by the specified deadlines to qualify for the subsidy [5]

Core Insights - Hainan has launched a series of trade-in activities for consumer goods during the National Day and Mid-Autumn Festival holidays, aimed at stimulating holiday consumption through a combination of policies and services [2] Group 1: Trade-in Activities - Multiple cities in Hainan, including Haikou and Qionghai, have initiated trade-in programs for various consumer goods such as automobiles, home appliances, and digital products, attracting consumer interest [2] - Haikou city has organized a series of trade-in events in commercial districts, with many merchants participating and offering additional discounts and optimized services to promote trade-in sales [2] - Qionghai city has collaborated with over 40 home appliance and home decoration merchants to conduct promotional activities themed around trade-ins, alongside an autumn auto exhibition featuring promotional offers from car sales companies [2] Group 2: Consumer Engagement - The auto show in Wanning has gathered nearly 100 models from 19 different car brands, with government and enterprise collaboration offering purchase subsidies of up to 40,000 yuan, which has become a significant attraction for consumers [2] - Many merchants in Hainan have reported increased foot traffic and product sales during the holiday period, with notable interest in new product launches such as the Xiaomi 17 smartphone, which has seen a sales increase of approximately 30% compared to the same period last year [2]

The Pace of Innovation From Railroads to AILooking at major technologies to see how long it takes for a prototype to achieve widespread usageRussell Salsbury14 min read·Just nowJust now--Press enter or click to view image in full sizeVideo Telephone, Jean-Marc Côté’s 1899 illustration of the smart phone in 2000, public domainIf not a Medium member click here to view the story.Two years ago Lannie Rose wrote a fun article, The Fastest Tech in the West. She used Copilot to estimate the time from the first com ...

Group 1 - The ISM services number came in weaker than expected at 50, indicating potential inflationary pressures in the service sector, which constitutes 60% of the CPI index [1][2] - Prices paid by service sector companies increased, suggesting that inflation in services may be more persistent than previously thought [1][2] - Employment index in the ISM report showed a slight improvement at 47.2%, indicating challenges in assessing the true state of the economy without government data [1][2] Group 2 - In the absence of government data, alternative indicators such as Red Book same-store retail sales and OpenTable restaurant data are crucial for assessing consumer health [1][2] - The consensus forecast for inflation is at 3% for the next 12 months, higher than the Fed's target of 2%, raising concerns about inflation risks if the economy does not slow down [2] - The Fed may need to consider rate hikes if inflation remains sticky and does not decrease as expected [2] Group 3 - Consumer spending has been resilient, but persistent inflation could lead to reduced real spending as prices rise [2] - Higher inflation for an extended period may result in higher interest rates, impacting borrowing costs and increasing delinquency rates on consumer credit [2] - The AI sector is becoming increasingly concentrated, with the top companies driving significant market performance, raising concerns about potential overvaluation [5][6] Group 4 - Historical data suggests that government shutdowns have minimal impact on market performance, with markets often rising during shutdown periods [21][22] - The upcoming earnings season is critical, with expectations for a 7% year-on-year gain in Q3 for the S&P 500, particularly strong in technology [29][30] - Valuations are elevated, with the S&P 500 trading at a 42% premium compared to a 20-year history, indicating potential risks for future returns [33][34]

Lynch, remaining in reflective mode, talked about something else he has been quoted as having said: that investors have lost far more money preparing for corrections or trying to anticipate corrections than in actual corrections. Similarly, in the economy, everyone, including the experts, is often wrong — for instance, two years back, in widely forecasting a recession in 2024 . “I think,” Lynch joked, “economists have predicted 33 of the last 11 recessions.”“Play the market is not what you do. You buy good ...

After moving mostly higher over the past few sessions, stocks saw further upside in early trading on Friday but gave back ground over the course of the day. The major averages pulled back well off their highs of the session before eventually closing mixed.While the tech-heavy Nasdaq fell 63.54 points or 0.3 percent to 22,780.51, the S&P 500 crept up 0.44 points or less than a tenth of a percent to 6,715.79 and the Dow climbed 238.56 points or 0.5 percent to 46,758.28.Despite the mixed performance on the da ...