Top stories today:

1. Elon Musk, Vivek Ramaswamy to co-lead DOGE
2. Apple said to launch wall-mounted tablet in Mar.
3. Perplexity experiments with ads to monetize AI-powered search engine
4. CPI projected at 0.2% MoM, core CPI at 0.3%, out at 8:30 AM ET

0. Data and calendar

Listen to our AI-generated podcast summarizing today’s newsletter (beware the few hallucinations):

1. Elon Musk, Vivek Ramaswamy to co-lead Department of Government Efficiency

• Musk and Ramaswamy “will pave the way for my Administration to dismantle” bureaucracy, Trump said.

• The duo will also help “slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies.”

• From outside of government, both will “provide advice and guidance.”

• DOGE is the acronym of the new department.

• “At least” $2T could be cut from the federal budget, Musk said in October.

• Jul. 4, 2026: the deadline for their work to end, before the next mid-term elections. Also, the country's 250th anniversary.

• Dogecoin -10% on the news to $0.38 / $56B market cap.

2. Apple said to launch wall-mounted tablet as home command center in Mar.

• Square iPad-like design with a 6-inch display rumored.

• A front camera, built-in battery, and internal speakers expected.

• Home appliance controlling, video conferencing, and AI-based app navigation features are likely.

• Siri and Apple Intelligence could be deeply integrated.

• Amazon’s Echo Show and Google’s Nest could be in its competition.

4. Perplexity experiments with ads to monetize AI-powered search engine