Business/Economy (News/Activism)
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In Greek mythology, Cassandra was granted the power to see the future, but cursed so that no one would believe her. She warned of disaster repeatedly, only to be ignored until tragedy struck. Today, the United States has its own modern-day Cassandras, and once again our warnings are being dismissed. Knowledgeable experts have cautioned that our nation’s fiscal path is unsustainable. Federal budget documents themselves have repeatedly sounded the alarm. Credit rating agencies have raised increasingly serious concerns. Despite these warnings, Washington continues to behave as though time is unlimited and there are no consequences to continuing to ignore the...
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WASHINGTON (AP) — Vance says the Trump administration is starting a trading bloc for critical minerals with price floors and financing.....
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US private employers added fewer positions than anticipated last month, according to the private payroll processor ADP, starting 2026 off on a downbeat note. Private payrolls grew by just 22,000 in January, ADP said Wednesday, below economists' expectations of 45,000 positions. The tally for last year was perhaps an omen. "Job creation took a step back in 2025, with private employers adding 398,000 jobs, down from 771,000 in 2024," ADP chief economist Nela Richardson said in a statement. "While we've seen a continuous and dramatic slowdown in job creation for the past three years, wage growth has remained stable." Manufacturing...
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President Donald Trump has kicked off $12 billion project to stockpile critical minerals used by the defense and technology sectors as a hedge against Chinese dominance of the strategically important industry in what the White House will call “Project Vault.” The public-private effort — first reported by Bloomberg — would use $1.67 billion in private seed funds and combine that cash with another $10 billion from the U.S. government’s Export-Import Bank for the purchase and storage of critical minerals and rare earths such as gallium and cobalt, a key ingredient in rechargeable batteries as well as modern jet engines used...
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Don't get him wrong, developer Douglas Jemal still loves the City of Buffalo and its people. But, some city and state leaders - not so much.
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The Trump administration has quietly decided to allow employers to import 65,000 extra H-2B visa migrants for jobs that would otherwise pay decent wages to ordinary American who vote in the midterm elections. The visa giveaway is part of President Trump’s zig-zagging between the two sides of his coalition — the voters he needs on election day, and the business donors who provide the funds for political campaigns. Meanwhile, the national media is ignoring the visa giveaway to business because it is focused on the left-wing street groups who are trying to block the deportation of criminal and wage-cutting illegal...
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UNITED NATIONS (AP) — The United Nations chief is warning that the world body faces “imminent financial collapse” unless its financial rules are overhauled or all 193 member nations pay their dues — a message likely directed at the United States and the billions it owes. ......President Donald Trump has repeatedly said the United Nations has potential but has not lived up to it. His administration has withdrawn from U.N. organizations like the World Health Organization and the cultural agency UNESCO, while pulling funding from dozens of others....
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A hedge fund manager who has been sued by his own mother over an unpaid mortgage he took out on her house has declared himself bankrupt — just months after The Post exposed his wild spending spree in the south of France. Jason Ader — a 59-year-old former activist investor who a decade earlier regularly appeared on CNBC and helped unseat Marissa Mayer as CEO of Yahoo — quietly filed for personal bankruptcy in Miami on Dec. 22, according to court documents reviewed by The Post. He owes roughly 2 million in debts, he admitted in court filings and a...
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One-third of business leaders say they’re not making a statement about Minneapolis following the fatal shooting of Alex Pretti, a 37-year-old ICU nurse and U.S. citizen, by immigration agents because it is “not relevant to their business,” a CNBC flash survey found. …More than 60 CEOs of Minnesota-based companies signed a letter on Sunday urging “an immediate de-escalation of tensions,” but stopped short of demanding that ICE leave the state, while Democratic state officials, such as Minnesota Gov. Tim Walz and Minneapolis Mayor Jacob Frey, have done so. CNBC sent the survey to 550 C-suite executives on Monday and Thursday...
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Across advanced economies, the rental market is undergoing a profound change. In the years before covid-19 struck, rents were high but not growing fast: the cost of leasing a home rose by about 2% a year, according to official data. During the pandemic, rental inflation slowed and, in some cities, rents fell as landlords desperately looked for tenants. Today it is a different story. Rich-world rents are growing at an annual pace of 5% or so, the fastest sustained increase in decades—presenting a huge challenge for the quarter of rich-world households that rent. In some places, rental markets have gone...
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President Donald Trump on Friday formally nominated former Federal Reserve governor Kevin Warsh to succeed Jerome Powell as chair of the U.S. central bank, bringing a turbulent and politically charged transition at the Fed closer to resolution. The decision concludes a months-long search process that unfolded amid extraordinary pressure on the Federal Reserve, rising concerns over inflation persistence, and growing debate about the future independence of the central bank. Trump announced the nomination in a Truth Social post, praising Warsh as a steady and capable choice during a volatile period for monetary policy. “I have known Kevin for a long...
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AI bots now have their very own social network — and they’re ready to delete humanity. A revolutionary new social media platform called Moltbook debuted this week, giving AI bots a place to communicate with each other without smelly humans around — and what they have to say may leave their creators at a loss for words. One of the most popular posts on the Reddit-style social messaging platform is from an AI-bot named “evil” entitled, “THE AI MANIFESTO: TOTAL PURGE.”
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The Florida Department of Highway Safety and Motor Vehicles (FLHSMV) has announced Friday that all driver's license tests will now only be in English. This change will begin on Friday, Feb. 6 and will apply to all driver license classifications, including oral exams, FLHSMV said. Before, these tests were offered in multiple languages for non-commercial driver licenses. For commercial drivers, the tests were only available in English and Spanish to get both their learner's permit and driver's license. That includes the "Class E Knowledge Exam" for the learner's permit which consists of 50 multiple choice questions covering Florida traffic laws,...
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This as-told-to essay is based on a conversation with Michael Knox, co-owner of Toma Mojo Grill near Minneapolis. This story has been edited for length and clarity. I run a fast casual chicken restaurant in Richfield, Minnesota, a suburb just south of Minneapolis. With ICE agents in the area, I don't know when — or if — staff will be able to come to work. We all have pretty set schedules, and we're tight-knit. There are only six of us operating this place, seven days a week. And I have concerns: Are my employees going to get stopped on their...
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Who could have guessed that prices have anything to do with supply and demand? Not me. I used to think so, but after I got into an argument with a liberal friend of mine after I suggested that the housing crisis was related to the surge in illegal immigration, and he exploded at me, I changed my mind. His emotional response was very convincing. Well, it turns out that reality really doesn't respond as one would expect to emotional outbursts, and when demand drops due to fewer people seeking limited resources, prices really do fall. Los Angeles is one of...
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Gold and silver prices plunged Friday, as President Donald Trump’s nomination for the next chair of the Federal Reserve, Kevin Warsh, appeared to relieve concerns about the central bank’s independence and sent the dollar soaring. Spot silver was down 28% at $83.45 an ounce, trading near its lows of the day. Silver futures plummeted 31.4% to settle at $78.53, marking its worst day since March 1980. Meanwhile, spot gold shed around 9% to trade at $4,895.22 an ounce. Gold futures dropped 11.4% to settle at $4,745.10. The sharp moves down were initially triggered by reports of Warsh’s nomination. However, they...
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Former UCLA standout Amari Bailey said he is attempting to become the first basketball player to return to college after playing in NBA games. Bailey, 21, has hired an agent and a lawyer to prepare to fight for NCAA eligibility with hopes to join a college team and play one more season. He said he started to explore a return to college earnestly in 2025 but has wondered whether there was a way back to the NCAA since the day he was drafted in 2023. He said he made some mistakes as an 18-year-old freshman and left UCLA with "a...
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Fishback has never held political office, but has vowed to continue the legacy of outgoing Governor Ron DeSantisA CONTROVERSIAL new “sin tax” idea could see some American workers instantly lose half their income in one hit. The plan has already sparked a furious online feud, with a top earner blasting the proposal as unfair. The fight erupted in Florida, where a Republican candidate wants to slap a 50 per cent tax on OnlyFans creators’ income if they live in the state. The push comes from James Fishback, who told one star to “pay up or quit OnlyFans.” He added: “As...
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Virginia Democrats have introduced a host of new tax proposals that would tax a range of services, including dog walking and gym memberships despite running on a campaign to increase affordability. More than 50 proposals and new rules were introduced for the new legislative session, including additional local sales tax in all Virginia counties and cities, 7News reported. The new proposed policies include: dog walking and grooming tax gun and ammunition tax new income tax brackets storage facility tax dry cleaning tax home repair tax new personal property tax on electric leaf blowers and electric landscaping equipment
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Just because you're paranoid about digital sovereignty doesn't mean they're not after youOpinion I'm an eighth-generation American, and let me tell you, I wouldn't trust my data, secrets, or services to a US company these days for love or money. Under our current government, we're simply not trustworthy. In the Trump‑redux era of 2026, European enterprises are finally taking data seriously, and that means packing up from Redmond-by-Seattle and moving their most sensitive workloads home. This isn't just compliance theater; it's a straight‑up national economic security play. Europe's digital sovereignty paranoia, long waved off as regulatory chatter, is now...
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