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Your Software Update

It was a busy week across markets and business. We have a quick quiz to keep you up to date on the latest news.

Question 1

Question 2

Question 3

We’ll have the answers after the break

Spending too much on certain items? We can help.

Answers

Question 1

Answer: B (Apple Intelligence)

Apple Intelligence has the ability to rewrite texts, create new emojis and images by prompting you iPhone, and describe images from your photos in order to bring them up in search. Apple Intelligence will also allow your phone to summarize emails. You can also take pictures of a location, flyer, or product to bring up more information. Expect Apple Intelligence to expand their capabilities in the years to come.

Question 2

Answer: D (Housing)

Inflation reached its lowest level since February 2021 last month. The Consumer Price Index (CPI) increased 0.2% last month, matching the Dow Jones expectation for the month. Housing-related costs remained higher than expected last month. The shelter component of the CPI rose 0.5% last month and 5.2% year or year, far outpacing headline inflation for the year.

Question 3

Answer: A (Pet care)

If you guessed pet care, you are correct. Americans spend roughly $147 billion on pet care, while child care spending amounts to $122 billion, and cosmetics a lowly $98 billion.