More and more workers are using GLP-1 weight loss drugs. It is costing their employers a fortune. More than 36 million people with job-based insurance have a body mass index that would medically qualify them for a GLP-1 drug.
- Warner Brothers CNN, 22 October 2025
Facebook will fire 600 people within its AI division
- Comcast's CNBC, 22 October 2025
Low-income consumers pulling back on restaurant spending may signal trouble ahead
- Zero Hedge, 21 October 2025
Brazil has the worst wealth inequality in the world (followed by Rossiya, South Africa, the United Arab Emirates, Saudi Arabia, Sweden, and the United States
- Zero Hedge, 21 October 2025
Bubble bubble toil and trouble: internal documents reveal how Amazon has a far-reaching plan to replace 75% of its paid-human workforce with non-paid AI robots [KM: yes, Jeff Bezos must get richer, and his poor workers must get poorer]
- Ochs-Sulzberger's New York Times, 21 October 2025
Convenience stores in Nihon are hiring robots run by serf-workers in the Philippines, helping to train robots to restock shelves
- Rest of World, 20 October 2025
One third of the people in the USA have more credit card debt than savings
- Zero Hedge, 20 October 2025
Paramount Global is planning to fire up to 3000 people working for the company, starting in a few weeks. The goal is to reduce operational expenses by roughly $2 billion in the years following the merger.
- Zero Hedge, 20 October 2025
The AI bubble's next casualty [KM: i.e., next opportunity to make billions at the expense of paid-humans] could be the gig/serf economy, with the very workers who built the gig economy finding themselves training the non-paid AI technology that eliiminates their paid-human jobs
- Business Insider, 19 October 2025
Wealthy people - the rich - in the USA are spending less [should be not good for the SP500]. The non-rich are struggling to keep on spending, due to high prices and a weakening job market.
- Ochs-Sulzberger's New York Times, 19 October 2025
The immigration policies with "substantially" increase the federal debt by $1.74 trillion and reduce gross domestic product (GDP) by $12.1 trillion throughout the span of the next 10 years. The price of
- The Hill, 18 October 2025
The [crimes] behind your clothing's "made in Guatemala" label, crimes committed against tens of thousands of women who work in clothing factories in Guatemala making cheap clothes for people in the USA. These crimes include imposing impossible work quotas, wage theft and sexual harassment.
- Warner Brothers CNN, 18 October 2025
[VIDEO]: Female workers describe impossible quotas, sexual harassment and death threats inside factories in Guatemala producing clothes bound for the USA and for clothing brands in the USA
- Warner Brothers CNN, 18 October 2025
Two million people in the Philippines work in call centers. All of their jobs are threatened by non-paid AI, and a proposed law in the USA (where many of the non-paid AI comes from) that will force whatever paid humans doing call center work for USA companies be in the USA. [KM: the rich, and the rich AI companies, must get richer]
- Alibaba's South China Morning Post, 18 October 2025
Trucking companies are already struggling financially. Trump's new 25% tax/tariff on on heavy-duty trucks and parts is set to take effect next month, and will probably make things worse financially for trucking companies.
- Ochs-Sulzberger's New York Times, 17 October 2025
An estimated 455,000 women left the workforce between January and August this year. Economists are sounding the alarm: The losses, if continued, not only stand to erase the historic gains made by women in recent years but also risk stifling US economic growth.
- Warner Brothers CNN, 17 October 2025
Small businesses are being financially damaged by Trump's taxes/tariffs and economists say it is a warning for the economy. Many of the small businesses said they have been forced to freeze hiring, pull back growth plans, take on new financing or cut salaries to keep operations afloat.
- Comcast's CNBC, 17 October 2025
Trump's taxes/tariffs to cost companies in the USA about $1.2 trillion in 2025, with consumers paying for most of the costs
- Comcast's CNBC, 17 October 2025
Uber[-assholes] are paying paid-human Uber gig drivers to train non-paid AI systems that will eliminate the jobs of the paid humans [KM: yes, the uber-rich must get richer]
- Business Insider, 16 October 2025
The longevity time bomb in Europe: the pension Ponzi scheme nobody wants to talk about. People are not dying fast enough.
- Zero Hedge (locked), 16 October 2025
Frustrated Gen Z threatens to topple governments in Africa. Protesters say their anger reflects a lack of economic opportunity in Africa with the world's youngest population.
- Ochs-Sulzberger's New York Times, 16 October 2025
Shares of Nestlé, the world's largest food company, rise over 7% after the company announced that it will be firing 16,000 people due partly to non-paid automation and non-paid AI. [KM: the rich must get richer, the poor - let them eat Nestlé's cakes]
- Warner Brothers CNN, 16 October 2025
Shares of Nestlé, the world's largest food company, rise over 7% after the company announced that it will be firing 16,000 people due partly to non-paid automation and non-paid AI. [KM: the rich must get richer, the poor - let them eat Nestlé's cakes]
- Comcast's CNBC, 16 October 2025
Big banks like JPMorgan Chase and Goldman Sachs are already using non-paid AI to hire fewer paid-human employees [KM: the rich banks must get richer]
- Comcast's CNBC, 16 October 2025
Hollywood panics as paid-human actors face replacement by AI generated non-paid actors.
- Zero Hedge, 15 October 2025
Meet the non-paid AI chatbots destroying the paid-human jobs of call-center workers in Bharat [KM: while call-center owners and AI companies get richer]
- Thomson's Reuters, 15 October 2025
Elon Musk's Tesla reportedly places a large order for parts for human-like robots, $685 million in parts, [KM: so that Elon Musk can become even richer through the elimination of human jobs]
- Zero Hedge, 15 October 2025
AI has already disrupted hiring for these job categories, as adoption nears a tipping point. Entry-level jobs are already at risk due to AI tools, HSBC analysts say, and the pressure could worsen in an economic downturn. [KM: yes, but the rich clients of HSBC must get richer]
- Murdoch's MarketWatch, 15 October 2025
[The very rich] Google's Waymo's non-paid robotaxi service launches in London [KM: to start profiting from the destruction of paid-human taxi driving in Europe]
- Comcast's CNBC, 15 October 2025
[The very rich] Google's Waymo's non-paid robotaxi service launches in London [KM: to start profiting from the destruction of paid-human taxi driving in Europe]
- Murdoch's Wall Street Journal (locked), 15 October 2025
[The very rich] Google's Waymo's is accelerating its efforts to profit
The demographic time-bomb threatening your retirement. The aging population of the USA, combined with shrinking birthrates and falling immigration, mean fewer workers fund Social Security. Here is how this demographic reversal could trigger a retirement meltdown.
Why is Switzerland so rich? Thoughts on a prosperous and well-run nation. It is economically liberal, while also having high trust in government and a working welfare state. [Unlike Trump's USA]
The very rich ex-executive of Facebook, Sheryl Sandburg, is investment $5 million in Flint, a new AI startup to use non-paid to autonomously build and update websites - profitting from eliminating the paid-humans who now do these tasks. [KM: the rich must get richer]
Goldman Sachs warns it will be firing more people, as it uses non-paid AI to replace paid humans at the extremely rich company with $15 billion revenue
Africa is home to 16 of the world's 20 fastest growing populations
JP Morgan's biometric mandate (employees will be required to submit their biometric data to enter its buildings) signals new era of authoritarian workplace surveillance in finance
Coal miners with black lung say they are "cast aside to die" under Trump. Miners say the Trump administration is failing to enforce limits on a lethal workplace hazard - inhaling coal and silica dust.
[The AI bubble has inflated] the economy of the USA. But the technology hasn't yet fulfilled the promise of making humans work more efficiently. [KM: yes, but rich AI companies are getting richer]
Seeking to profit from destroying more paid-human jobs, Salesforce announced Agentforce Voice, a feature that allows companies to have artificial intelligence agents answer customer service calls. [KM: the rich must get richer]
Seeking to profit from destroying more paid-human jobs, Reliable Robotics is among startups hoping to revolutionize air travel by doing away with the need for paid-human pilots on cargo, military and even passenger aircraft with non-paid self-flying technology. [KM: yes, the profit in AI investments - destroying human jobs]
Why AI will widen the financial gap between [rich] superstar employees and everyone else
The unemployment of Black Americansl is surging again. This time is different. Federal layoffs and an end to diversity initiatives have weakened a historically strong labor market for Black workers.
More than half (700 out of 1300) of the people working at the CDC that were just fired by the Trump administration ... have been rehired
More than half (700 out of 1300) of the people working at the CDC that were just fired by the Trump administration ... have been rehired
Trump orders his administration to fire 4000 people working for the federal government, with more firings to come
The film industry in Indonesia uses non-paid AI to make Hollywood-style movies less expensively, by not having to pay humans for some of the paid-labor-intensive aspects of filmmaking
[Another reason why people in the USA rely so much on drugs]: 80% of [surveyed] people working in the USA say their workplace is toxic
Adoption of more non-paid AI results in a record large number of people being fired at TCS, the top private employer in Bharat. TCS fired 19,755 people (which includes some people who left voluntarily).
The Federal Reserve has not defeated high inflation. Has it failed?
Orsted, a windpower company, will fire 2,000 people in response to Trump's attacks on wind power generation in the USA, in particular, canceling permits for Orsted projects
Orsted, a windpower company, will fire 2,000 people in response to Trump's attacks on wind power generation in the USA, in particular, canceling permits for Orsted projects
Struggling residents of the Central Valley of California line up for groceries amid the cost-of-living crisis in California.
Only 48% of adults in the USA under the age of 30 have a full-time job
Trump's Labor Department admits that Trump's [racist] immigration crackdown is causing a shortage of farm workers
Farms in the USA are closing without workers. Trump's [racist] immigration policies threaten to empty shelves in stores of agriculture products.
AI is poised to disrupt the job market - some roles could "radically transform" [KM: some jobs will be destroyed, so rich AI companies can get richer]
SoftBank to buy ABB robotics unit for $5.4 billion as it looks to position itself at the center of the artificial intelligence boom [KM: to make more billions it doesn't need by replacing paid-humans].
Crisis-stricken France weighs work-life balance against overseas competition. Political turmoil in France over budget, benefits exposes contrasts in work culture and employee productivity between Europe, Zhōngguó and the USA.
"Scary times": YouTube's biggest star, MrBeast (Jimmy Donaldson), fears that non-paid AI could impact "millions of [paid-human] creators" after the extremely rich OpenAI launches Sora. [KM: don't be a whiner - OpenAI must get richer]
Federal Reserve officials are still split about how much to cut interest rates as the government shutdown deprives policymakers of key data, with some worried more about inflation and others more concerned about the job market.
Delays spread to major airports across the country, as the seventh day of government shutdown impacts travelers. In Nashville, so many controllers have stayed home the facility, which guides planes into and out of the airport, is closing. Inadequate numbers of controllers limit operations at the airports in Chicago, Houston, Newark and Las Vegas.
Major airports in the USA reported widespread delays Monday as the federal shutdown strained an already short-staffed air-traffic system, prompting fresh warnings from industry and labor leaders that the impasse could ripple across the peak travel season. A growing number of air traffic controllers, not being paid during the shutdown, are not reporting to work.
A ski resort town in Nihon is roiled by a debate over immigration. Residents are protesting a planned housing facility for 1200 seasonal foreign workers, exposing the conflict between Nihon's need for labor and anxieties over immigration.
The government shutdown meant no jobs report. Carlyle's analysis shows it would have been pretty bad. Employment growth was essentially flat in September, according to data from investment giant Carlyle that seeks to fill in data gaps created by the government shutdown.
I am an American who has worked in Deutschland for years. The corporate culture and job security feel much better here. I feel like I have more job security in Germany, and that work-life balance is encouraged.
Almost 100 million jobs could be lost to AI and automation. [KM: yes, but the rich and rich AI companies will get richer]
Bessie Margolin (1909-1996), lawyer who turned workers' hopes into law. Her streak of Supreme Court victories, which began during the New Deal era, benefited millions of workers and continue to shape labor rights today. In 1968, the Seattle Times called her "the nation's number one fighter for equal pay for women".
The entertainment industry in Los Angeles is in full collapse. Production has slowed to historic lows, jobs are vanishing, and longtime workers are leaving Los Angeles in droves. FilmLA reports that production in the region hit its lowest point, outside the pandemic, since at least 1995. With cheaper options abroad and new fears about AI replacing artists, recovery looks distant.
These four paid-human jobs will be destroyed by non-paid AI: translators, court room reporters, copy editing and junior lawyer legal support
US hiring plans sink to lowest since 2009 in September as labor market slowdown continues. So far this year, employers planned to add just 204,939 jobs, according to Challenger, Gray & Christmas.
An increasingly successful non-paid AI-generated actor, named Tilly Norwood, deepens anxiety over non-paid AI in Hollywood. The actors' union, SAG-AFTRA condemned using 'stolen perforances' without compensation. [KM: forget the "this will help, not replace". This will replace paid-humans.]
Student-loan debt is strangling Gen X. For many in the 'forgotten generation', the promise of higher education has become an albatross of debt and regret. And the debt is only getting more burdensome.
Haiti, suffering many economic problems, suffers further, as the USA ends a trade initiative that imperils embattled clothing exporters that employ thousands who make garments for Hanes, Calvin Klein and Gap - the last big industry for Haiti
As the government shutdown continues, Trump's economic chaos only accelerates
Jobless youth in Zhōngguó are not happy with a plan to attract skilled foreign professionals with a new 'K-visa'. "There are so many (master's degree holders) here struggling to find jobs, and you are looking to bring in more talent (from overseas)?"
Becoming richer by investing in AI companies that offer tools to eliminate paid-human jobs in the services industries - may be harder to achieve than very rich venture capitalists think
Will AI eat our brains? Progress comes from learning. But you can't learn when AI does all of your thinking for you. [KM: Yes, but rich AI companies must get richer.]
Goldman Sachs warns that demand for speciality coffee is at risk as youth unemployment rises. [KM: yes, but AI can generate images of young people buying coffee]
Schools are training kids to follow in AI's footsteps - pushing them toward a 'life of hurt', says a VC-turned-educator. "College or Chipotle" - schools are giving students two bad options - overpriced degrees or low-wage work - while AI is taking over the real jobs in between
Self-driving truck company Einride raises $100 million [KM: to more quickly replace paid-human drivers with self-driving trucks]
Manufacturing ISM rises, beats predictions, as the employment index rebounds
Private payrolls declined in September by 32,000 in key ADP report coming amid shutdown data blackout
Private payrolls declined in September by 32,000 in key ADP report coming amid shutdown data blackout
Private payrolls declined in September by 32,000 in key ADP report coming amid shutdown data blackout
Big Oil is getting leaner and leaner. Exxon is the latest large oil company to announce firings of people as the industry continues to adapt to lower oil prices.
Big Oil is getting leaner and leaner. Exxon is the latest large oil company to announce firings of people as the industry continues to adapt to lower oil prices.
Pope Leo XIV blasted Trump's "inhumane" treatment of immigrants, suggesting that Trump's isn't as 'pro-life' as he pretends to be, [adding to criticisms from many businesses suffering from loss of workers]
Pope Leo XIV blasted Trump's "inhumane" treatment of immigrants, suggesting that Trump's isn't as 'pro-life' as he pretends to be, [adding to criticisms from many businesses suffering from loss of workers]
The vanishing American dream: why young adults can not afford homes, families, or stability. They are entering their peak family-formation years already financially crippled.
OpenAI releases list of paid-human tasks that it says its non-paid ChatGPT can already replace [KM: yes, helping rich AI companies get richer]
Ugly JOLTS shows most unemployed versus job openings; plunge in hiring and quits. The JOLTS report was ugly enough to guarantee another Fed rate cut in October in case we get a government shutdown tonight and Friday's job report is not issued due to the government shutdown.
Trump's/Republicans and Democrats inability to govern together, if it results in a government shutdown, could increase the jobless rate to 4.7% in the USA
US Berkeley computer science professor Hany Farid says that "everybody" is struggling to get programming jobs. The ability of non-paid AI to create software is making this situation worse.
The culture magazine, 'n + 1', urges professional writers to resist non-paid AI, boycott and stigmatize AI slop. "AI-made material is a waste product: flimsy, shoddy, disposable, a single-use plastic of the mind."
More high-tech misery: the hustle culture trend '966' (working 9am to 9pm, six days a week) is taking hold in Silicon Valley
As AI destroys paid-human white-collar jobs, more young people in the USA are choosing blue-collar jobs, skilled trades such as being electricians, plumbers, welders, masons, HVAC technicians and other occupations requiring extensive training and often licensing.
Lufthansa to fire 4,000 paid-humans as the airline plans to rely more on non-paid AI to boost efficiency [KM: yes, the rich must get richer]
Lufthansa to fire 4,000 paid-humans as the airline plans to rely more on non-paid AI to boost efficiency [KM: yes, the rich must get richer]
Researchers are finding that productivity gains are modest - at best, when using AI coding tools, and at worst, that non-paid AI tools can actually slow down paid-human software developers [KM: can't inflate a bubble this way]
Hours after Canada announced on Thursday that it had ordered its beleaguered postal service to end door-to-door mail service, shut down some rural post offices and consolidate its operations, postal workers began a walkout.
The CEO of Walmart issues a warning: "[non-paid] AI is going to change literally every [paid-human] job." The country's largest private employer says the number of people it iwll employ will stay flat over the next three years, despite plans to grow, as non-paid AI eliminates some paid-human jobs, and transforms others.
Beware co-workers who produce AI-generated 'workslop'. "The insidious effect of workslop is that it shifts the burden of the work downstream, requiring the receiver to interpret, correct, or redo the work."
The CEO of Walmart issues a warning: "[non-paid] AI is going to change literally every [paid-human] job." The country's largest private employer says the number of people it iwll employ will stay flat over the next three years, despite plans to grow, as non-paid AI eliminates some paid-human jobs, and transforms others.
Laid-off tech workers say Trump's H-1b crackdown will not help them get a paid job. Many say their biggest problems are a weak domestic job market, the rise of non-paid AI, and a glut of displaced (formerly paid) people looking for similar roles
The best non-paid AI chatbots to replace paid-human customer service representatives
Miracle under threat: the collapse of the birth rate in South Korea could undo decades of economic growth, leading to a permanent recession by 2040
[KM: More paid-human jobs to be destroyed]: Google's YouTube Music is testing AI hosts that will interrupt listening to music with commentary from the non-paid AI 'hosts'. This will be similar to how paid-human radio hosts add-in the occasional comment.
Editorial: Trump's economic mistake of imposing $100,000 fees on H1-B visas. Companies that cannot import talent will hire more people outside the USA.
By the end of 2030, Bosch hopes to fire 13,000 paid humans, particularly in its car-parts manufacturing arm in Deutschland, as it plans to rely more on non-paid AI to maximize productivity
Next week, Lufthansa will announce that it will be firing several thousand people, with a goal of firing 20% of its people in the coming years
Jobless claims tumble to 218,000, well below estimate despite fears of labor market weakness. Initial claims for unemployment insurance were expected to total 235,000 for the week ending September 20.
Jobless claims tumble to 218,000, well below estimate despite fears of labor market weakness. Initial claims for unemployment insurance were expected to total 235,000 for the week ending September 20.
Trump and Trump's budget office threaten mass firings of people in the government if the Democrats force a government shutdown because Republicans don't want to negotiate on the next round of government funding (Democrats want more money for healthcare for the non-rich). "Trump has been firing federal workers since day one - not to govern, but to scare."
Trump and Trump's budget office threaten mass firings of people in the government if the Democrats force a government shutdown because Republicans don't want to negotiate on the next round of government funding (Democrats want more money for healthcare for the non-rich). "Trump has been firing federal workers since day one - not to govern, but to scare."
Novo Nordisk's woes are reducing the economic growth of Denmark. Because of its size, the drugmaker has an outsize effect on Denmark. Now, as it sheds jobs, forecasts for economic growth in Denmark are falling, too.
20% of Generation Z people are "very concerned" that non-paid AI will take their paid-human jobs in the next years
A $100,000 per worker visa fee much favors [filthy rich] Big Tech. Silicon Valley start-ups said they were concerned they would be disproportionately hurt by the new visa fee for skilled foreign workers, given their limited resources. [KM: yes, but the rich must get richer]
Wall Street is poaching bankers in a red-hot job market. Dealmaking is picking up, and big firms are hunting for more bankers, even as hiring slows in many other industries.
Hundreds of federal employees who lost their jobs in Elon Musk's [idiotic, authoritarian] cost-cutting blitz are being asked to return to work - [because they are needed as are needed tens of thousands of other people fired by Trump/Musk]
Hundreds of federal employees who lost their jobs in Elon Musk's [idiotic, authoritarian] cost-cutting blitz are being asked to return to work - [because they are needed as are needed tens of thousands of other people fired by Trump/Musk]
Seasonal retail hiring to fall to lowest level since 2009, signaling trouble for holidays, report says. The number of seasonal jobs retailers hire for is an indicator of how strong or weak they expect the holiday shopping season to be.
AI can now pass the hardest level of the CFA (chartered financial analyst) exam in a matter of minutes. [KM: another sector of human-paid jobs to be eliminated to make rich AI companies richer]
The Catholic Church has a manpower problem: fewer male priests every year [(since the Church hates the idea of female priests found in other Christian sects)]. Seminaries are closing or merging. Priests are doing more with less. Some parishes have no leader.
Will Trump's $100,000 fee/tax on H1-B visas help workers in the USA? Changes to the H1-B system could benefit from U.S. workers. But economists say that losing skilled foreign workers could weaken the overall job market in the USA - and shift some manufacturing to outside the USA.
AI-generated 'workslop' is destroying productivity. The survey of 1,150 full-time workers found recipients spend an average of one hour and 56 minutes addressing each incident of workslop, costing organizations an estimated $186 per employee monthly. For a 10,000-person company, lost productivity totals over $9 million annually.
Spirit Airlines to furlough 1,800 flight attendants, amid its second bankruptcy
The Feds' Bostic sees little reason to reduce interest rates further for now. The Atlanta Fed president, Raphael Bostic, said risks of weaker employment outcomes have risen, but years of elevated inflation remain a serious concern.
The Generation Z people of Asia are angry with their leaders. The perceived privileges enjoyed by political elites have sparked a wave of protests across Asia, where a large generation of young people is feeling deprived of economic opportunities.
Letter: there are too few nurses for an aging USA. Fixing the problem starts by strengthening the nursing-education pipeline through bipartisan legislation.
The government of Bharat warns that Trump's new $100,000 fee for H1-B visas with have "humanitarian consequences"
Sales of 'Hamburger Helper' rise as people in the USA try to stretch their food dollars. The price of beef and other grocery items is climbing, and consumers are relying more on canned meats and a 1970s food booster, 'hamburger helper'.
They were promised a taste of (Christian) America. They got abuse and exploitation. Every year, tens of thousands of young people are sent on visas to toil as farmworkers, housekeepers and office interns, all in the name of cultural exchange.
The very rich CEO of Uber says that non-paid robotaxis could displace paid-human drivers in 10 to 15 years, and create a "big, big, societal question". [KM: which won't stop filthy rich AI companies from creating a robotaxi industry.]
House Republicans introduce bill to change the Federal Reserve's dual mandate (established in 1977) by having the Fed focus mostly on inflation and not on employment levels
I lost my job, and unfettered non-paid AI made it much harder to find a new paid-human job. The tech field is streamlining workforces in pursuit of profit, often at the expense of human labor. [KM: Sorry, but the rich must get richer.]
As the authoritarian Trump has the USA reduce its presence at the United Nations, autocrats from other countries seek more control of the UN. As Trump reduces funding for the UN, Zhōngguó Rossiya and Qatar are seeking to influence its work on human rights and labor.
Anti-austerity strikes and protests grip France. Barely a week into the job, Prime Minister Sébastien Lecornu faces rising social unrest on top of political deadlock and financial turmoil.
"Tax the rich", protesters in France scream out, as the wealthy/rich push back on paying more
Jobless claims in the USA fell last week. The number of Americans who newly filed for unemployment benefits declined sharply last week, returning the figures to the previous trend after a large spike the week before.
Via and Google's Waymo partner to bring non-paid robotaxis to public transit systems, taking more jobs from paid-human taxi drivers [KM: but the rich must get richer]
The Federal Reserve faces no good options as labor market wobbles while inflation increases. The central bank is grappling with how quickly to lower interest rates after restarting cuts on Wednesday, amid mixed economic signals and a relentless pressure campaign from Trump.
Fed Chair Powrll's 'last stand': balancing a tricky economy and intense political pressure. The Fed chair is making a risky gambit, reducing interest rates even though the economy isn't flashing red. He has been here twice before.
The top 20% of rich Americans are keeping the economy alive. That is not a good sign, a sign of a 'K-shaped' economy, where a small share of high-wealth Americans is seeing continued gains while a larger share of middle- and lower-income households is experiencing increased strain. A significant correction in stock prices - the wealth of the rich - could cause them to spend less, causing a recession.
The top 20% of rich Americans are keeping the economy alive. That is not a good sign, a sign of a 'K-shaped' economy, where a small share of high-wealth Americans is seeing continued gains while a larger share of middle- and lower-income households is experiencing increased strain. A significant correction in stock prices - the wealth of the rich - could cause them to spend less, causing a recession.
Here is how the wealthy are propping up the car market. Wealthier customers have been boosted by rising house values, stock market returns and favorable credit, while lower- and middle-income car buyers find themselves unable to buy increasingly expensive cars.
Very rich Anthropic CEO Dario Amodei doubled down on his warning that non-paid AI could soon cause mass unemployment of now paid-human workers. [KM: but this won't stop Amodei, (mis)Anthropic and other AI companies from getting richer while the poor get poorer]
Fed Chair Powell said that the Federal Reserve is firing 10% of the people working at the central bank
Trump secured the border [with his racist immigration policies]. But where are more jobs for Americans? There is little evidence that less immigration means more opportunities for Americans to work. The evidence clear - it is not a zero-sum game (one less immigrant, one more American job). The the past decade of fluctuating migration levels and unemployment rates seriously undermines that claim.
DHL is on customs agent hiring spree as Trump's trade war brings big changes to shipping in the USA
An unresponsive public is undermining government economic data. Jobs revisions that led President Trump to fire the head of the Bureau of Labor Statistics are due to falling survey-response rates.
Online marketplace Fiverr to fire about 250 paid-humans working for the company (about 30% of the workforce), and replace them with non-paid AI tools
Businesses are overwhelmingly relying on Anthropic's AI software to automate with non-paid AI tools - paid-human jobs, rather than collaborate on work with paid-humans
It is an economic crisis for the USA! A huge 67% of workers in the USA are living paycheck to paycheck in 2025
Extreme heat caused by global heating spurs new laws aimed at protecting workers worldwide. Governments around the world are enacting measures to try to protect workers from the dangers of heat stress. They are barely keeping up with the risks caused by the burning of fossil fuels.
In the spirit of Jesus' socialism, Pope Leo XIV has criticized how the salaries of chief executives dwarf those of their employees, singling out Tesla's trillion-dollar compensation package for the [racist] Elon Musk
Non-paid AI tool usage by companies triggers a 70% collapse in fresh graduate hiring at the IT giants of Bharat that employ 5.4 million [KM: so the rich AI companies can get richer]
Trump is wisely minimizing some of his major anti-immigrant policies, because the loss of (il)legal immigrants is hurting the economy. But this action is angering his far-right allies.
You don't know how bad the job market is right now. Speaking with mentees (seeking jobs) around the world, the pattern is the same: it is impossible to get a job. For example, in the design world, it is very hard to get an entry-level job. Companies only want people with experience [which you can't get if AI does your entry level job].
A decline in corporate earnings is signaled by employment data
Editorial: many on Wall Street, and Trump [and his puppets], keep saying that inflation is vanquished as they hope - plead - for lower interest rates. Yet the economic data are not supporting their optimism. This makes it harder for significant interest rate reductions by the Fed.
Steady inflation, and soft jobs data, pull the Fed in opposing directions with regards to reducing interest rates. Consumer prices were up 2.9% in August from a year earlier, more than July's gain of 2.7%. The year-over-year reading was the highest since the start of 2025.
Job-destroying AI companies' AI tools will render impotent any interest rate reductions done by the Fed (usually done to boost the economy and thus create more jobs). But now, all an interest rate reduction will do is fuel inflation (for being 'cocaine' to the financial markets), with any new paid-human job demand filled by non-paid AI.
France in flames as the 'block everything' protest movement sweeps the country
Prey on the "blessed meek": Klarna goes public [KM: to get rich] as more than 50% of non-rich people say risky buy-now-pay-later is the only way they can afford to buy things
Mounting deportations meet slow hiring in a "curious kind of balance". An influx of immigrants helped ease worker shortages, and now their expulsion is helping to mask the weakening demand for labor in the USA.
The Fed official who called the jobs slowdown and became a candidate for chair. Christopher Waller, an economist with blue-collar roots, has emerged as one of three serious contenders to lead the Federal Reserve.
Using non-paid AI to destroy thousands of paid-human podcasters. An AI startup, Inception Point AI, wants to use AI to generate 5000 podcasts for 3000 epsidoses a week, with each episode costing $1. "Why pay a celebrity podcast host millions when you can create your own using AI?" [KM: let thos millions flow to the rich AI companies]
Shares of meme-stock Opendoor soar 50% after the company names a new CEO. OpenDoor buys and sells homes over the Internet.
One reason share of OpenDoor soared is the CEO's promise: to fire 85% of the people working for OpenDoor "There are over 1,400 people working at Opendoor. I don't know what most of them do. We don't need more than 200 of them."
Deaths in the USA will exceed births sooner than expected, thanks to Trump's [racist] immigration policies. The USA's population is expected to be smaller and grow more slowly over the next three decades due to the Trump's [racist] crackdown on immigrants.
The massive IT sector of Bharat faces a lengthy period of uncertainty with customers delaying or re-negotiating contracts while Trump and the Republican Congress debate a proposed 25% tax on American companies using foreign outsourcing services, analysts and lawyers said.
Ozempic maker Novo Nordisk to fire 9000 people. The Danish drugmaker said it needed to streamline operations and become more agile, as it faces a more competitive and consumer-focused market.
Ozempic maker Novo Nordisk to fire 9000 people. The Danish drugmaker said it needed to streamline operations and become more agile, as it faces a more competitive and consumer-focused market.
Trump's racist immigration policies have resulted in increased money transfers to Guatemala, Honduras and other nations in recent months. Undocumented migrants in the United States say they are sending money to relatives while they can.
France and a new prime minister face a day of disruption. Protesters blocked roads, roundabouts and tram lines across the country as Sébastien Lecornu took office.
Wildfire fighters in the USA to wear masks after decades-long ban on smoke protections. The Forest Service is reversing course as it faces growing pressure over workers falling ill with cancer and lung disease. The move is part of a flurry of changes to aid firefighters.
Amazon, to make the very rich Jeff Bezos richer (and others), jumps into the non-paid robotaxi service with the launch of its Zoox non-paid robotaxi business in Las Vegas, [KM: want to profit from destroying paid-human taxi cab drive jobs - to make the rich richer]
Health insurance costs for businesses to rise by most in 15 years. Insurers say that the rising premiums are driven by growing healthcare costs.
Editorial: Trump's blaming Biden and the Federal Reserve for slow ecnoomic growth will not work forever - he is now in control of the economy.
Inflation erased the wage gains of people in the USA last year, leaving household incomes little changed beyond the richest households
Worst statistical revision in history: the BLS admits a record 911,000 fewer jobs were added under President Biden
Despite more national socialist subsidies and industrial interference by Trump, oil and natural gas producers in the USA (and the rest of the world) are bracing for a prolonged downturn, with job losses and investment cuts spreading through the industry
Why billions in AI investments can be a disaster for some companies, as many companies are not seeing a return on the investment in AI [KM: yeah, because these companies paid-human jobs are harder to destroy with non-paid AI]
Trump wants more foreign manufacturing in the USA. But companies from Asia are having trouble getting enough work visas for personnel needed to get U.S. factories running, immigration specialists say.
How the boom in non-paid AI is decreasing work for paid-human consultants. Consultants have a lot to gain helping companies deploy the most transformative technology in decades. Some of their clients say so far they have overpromised and underdelivered.
The US economy employed 911,000 fewer people than originally reported as of March 2025, providing stark new evidence that the labor market was downshifting long before this summer. The revisions are also sure to increase political pressure on Jerome Powell to push the Federal Reserve to reduce interest rates quickly.
The latest NY Fed survey confirms that the labor market continues to deteriorate at an accelerating pace, and absent a jumbo rate cut soon, the deterioration will be sufficient to trigger a recession.
Mortgage rates decline on reports of worsening of the economy of the USA. "We are seeing a lot of interest in refinances." One housing economist says the 30-year mortgage rate will drop below 6% if October's jobs report is also negative.
Healthcare jobs are propping up the stalling labor market. one danger: coming reductions in Medicaid spending [so Trump can give more money to rich people] pose a threat to health services and healthcare jobs.
OpenAI more aggressively attacks the paid-human jobs of Hollywood, by backing an animated film ("Critterz") produced by non-paid AI.
Younger, the number of Generation Z people working in Silicon Valley has been reduced by 50% at tech companies. Thanks to non-paid AI automation, younger workers are actively being boxed out of the industry, with the proportion of workers aged 21 to 25 being slashed in half at these massive [KM: filthy rich] public businesses.
Non-paid AI is not just destroying entry-level paid-human jobs. AI tools are also destroying career ladder as we know it. [KM: yes, but the rich AI compnies must get richer.]
To help paid-humans losing their jobs to non-paid AI, the filthy rich OpenAI company is launching a jobs platform run by ... non-paid AI [instead of hiring people to help people find jobs - this is how much they hate humans]
Visiting the USA is about to get more expensive for foreign travelers, as Trump imposes more visa-related fees on travellers entering the USA. The World Travel and Tourism Council projected in May that the United States will lose $12.5 billion in international visitor spending in 2025.
The editorial board of Murdoch's Wall Street Journal has published a snark-filled critique of Trump after August's disastrous jobs report.
Editorial: the editorial board of Murdoch's Wall Street Journal has published a snark-filled critique of Trump after August's disastrous jobs report.
Second weak jobs report undercuts Trump's claims of a booming economy
Consumers in the USA are just fine, thanks, based on recent spending trends. Bank of America Institute finds that checking and savings account balances have grown 50% since 2019, while the ratio of total debt payments to disposal income has fallen.
Companies and employers need certainty around Trump's taxes/tariffs, not lower interest rates
Nobel laureate Geoffrey Hinton has warned that AI will concentrate wealth among a small elite while impoverishing most workers. The computer scientist, who pioneered neural network research in the 1980s, told Financial Times that rich people will use AI to replace workers, creating massive unemployment and profit increases [for the rich].
The unemployment rate in Canada rises to 7.1% as Trump's taxes/tariffs hurt the economy of Canada. Persistent uncertainty around Trump's hostile trade policy has kept businesses in Canada on tenterhooks, discouraging hiring.
Flight attendants working for Air Canada reject a wage offer from management. Management had offered a 12 percent wage increase for those with five years on the job or less, and 8 percent for those with more than six.
Labor markets in the USA stalled this summer, with August data adding to slowdown. This increases the probability that the Federal Reserve will reduce interest rates starting this month.
Odds of the Fed reducing interest rates this month surge after a lousy jobs report
Job growth stalls in the USA: the USA economy added just 22,000 jobs in August, and unemployment is at highest level in nearly four years. This the latest data from the Bureau of Labor Statistics. Other labor market data released so far this week further confirmed that the labor market has cooled down considerably.
Job growth stalls in the USA: the USA economy added just 22,000 jobs in August, and unemployment is at highest level in nearly four years. This the latest data from the Bureau of Labor Statistics. Other labor market data released so far this week further confirmed that the labor market has cooled down considerably.
Job growth stalls in the USA: the USA economy added just 22,000 jobs in August, and unemployment is at highest level in nearly four years. This the latest data from the Bureau of Labor Statistics. Other labor market data released so far this week further confirmed that the labor market has cooled down considerably.
10-year Treasury Bond yields decline to lowest level since April after weaker-than-expected jobs report
South Korea expresses "concern" over an immigration raid at a Hyundai manufacturing plant in Georgia. Operations at Hyundai's $7.6 billion electric vehicle manufacturing plant, which employs about 1200 people, were not interrupted.
Over 450 undocumented immigrants are apprehended in massive ICE raid at Hyundai plant in union-hating Georgia
'Soft' survey data shows USA services surging ... and plunging in August
The ADP employment report disappoints in August; hiring plans collapse. "A variety of things could explain the hiring slowdown, including labor shortages, skittish consumers, and AI disruptions."
Initial jobless claims rise to the highest level since June
AI company Anthropic raises its valuation to $183 billion after receiving another $13 billion in new funding. [KM: even more paid-human jobs will have to be destroyed for these investments to make the rich richer]
McDonald's escalates the restaurant industry's fight over tipping. McDonald's says all workers should receive a minimum wage, including tipped servers employed by rivals.
ConocoPhillips says it will fire 20% to 25% of the people working for the company
ConocoPhillips says it will fire 20% to 25% of the people working for the company
How Trump's taxes/tariffs hurt my factory in the USA that our family started in 1929
It is Trump's economy now. Households earning between $50,000 and $100,000 are trading down, cutting back and feeling increasingly strapped, while high earners keep on spending.
Behind this season's good earnings for companies: firing people, charging customers more, and unhappy/glum workers. Consumer spending is not increasing company profits as much as expense reduction (including firing people) and efficiency drives. That could be a problem if workers become too unhappy.
Trump's taxes/tariffs dampen the holiday mood of jewellers in Bharat as exports of jewelry are predicted to decline by 70%. Over 100,000 jobs in Bharat may be at risk because of the impact of Trump's taxes/tariffs on the sector, according to industry executives.
Google's Waymo's non-paid robotaxi service expands to two more cities to kill paid-human jobs, Denver and Seattle. [KM: the rich must get richer]
$332,000,000 -
Colgate-Palmolive agreed to pay $332 million to settle a long-running class-action lawsuit accusing the consumer products company of making mistakes in calculating its employees' pensions
Are AI tools making doctors worse at their jobs? Physicians are using the technology for diagnoses and more - but may be losing skills in the process.
Black Americans are losing jobs in a warning for the economy of the USA under the racist Trump. Unemployment among Black people reaches highest level since 2021. "I am in the fight of my life."
Over 1000 Labor Day rallies are held across the USA to protest the authoritarian Trump. Protests in the theme of "Workers Over Billionaires" attract tens of thousands of people in all 50 states.
The rich authoritarian Trump has destroyed the union rights of nearly half a million people working for the federal government
The rich authoritarian Trump is destroying unions. Why are they so quiet [especially the idiot union members who voted for him]? On this Labor Day, the rich authoritarian Trump is the most ruthlessly antilabor president since before the Great Depression.
Congress must immediately restore the union rights of federal employees being destroyed by the rich, authoritarian Trump
Workers who lost jobs to foreign trade needed help. Washington reduced the funding to help these people. Trade Adjustment Assistance was supposed to help people whose jobs were threatened by overseas competition, but Congress eroded its support starting in the 1980s.
Rented robots get the worst jobs and help factories keep the humans. Robots-for-rent is one way some small U.S. factories gain access to automation, reducing turnover and ensuring workers are not injured.
Zhōngguó is trying to expand its social safety net. Yet many people in Zhōngguó are worried. A move to force employers to pay into benefits for their employees has left people worrying that small businesses will close and jobs will be lost.
In high levels of unemployment Zhōngguó, the goal is to have 300,000 non-paid robotaxis in operation by 2030, causing 300,000 paid-humans to lose their jobs [KM: but the rich AI companies get richer]
Prepare for another huge negative revision in payroll counts in the USA, which should allow the Fed to reduce interest rates by 0.5%
New study from Stanford University finds that non-paid AI is reducing the amount of entry-level hiring as young workers lose paid jobs
New study from Stanford University finds that non-paid AI is reducing the amount of entry-level hiring as young workers lose paid jobs
Chiquita to return to Panama and invest $30 million and create 5,000 jobs, rehiring thousands of people fired during recent strikes
Chiquita to return to Panama and invest $30 million and create 5,000 jobs, rehiring thousands of people fired during recent strikes
Initial jobless claims improved last week, falling from 234k to 229k, remaining in the same near-record-low range it has been in for the last three years. Not exactly data that demands interest rate reductions anytime soon.
Disney and the decline of the middle class in the USA. Disney, and many other companies, using algorithms, are now focused on selling to the privileged a markedly better experience, leaving everyone else to either give up, or fight to keep up. "Disney positions itself as the all-American vacation. The irony is that most Americans cannot afford Disney."
Before the crash of an Air Bharat airplane, soaring demand for travel put strain on pilots in Bharat. A boom in air travel in Bharat meant pilots were often hitting the maximum hours allowed to fly, sometimes with insufficient rest.
Computer science degrees were once a golden ticket. Now, jobs are hard to find. Non-paid AI is enabling companies to automate some parts of the coding and software development process, reducing the need for human workers, especially in entry-level roles. "It feels like I am competing with non-paid AI just to get my foot in the door."
The rich CEO of Robinhood offers a useless solution to non-paid AI destroying paid-human jobs of the non-rich: investing will replace a salary in the post-AI world, full-well knowing most professional money managers, let alone individual investors, don't make much money trading
Why did Trump halt their project? The Revolution Wind project was 80% complete when Trump put it on hold. Union laborers [including idiots who voted for Trump] just want to work.
The Conference Board's Consumer Confidence index declines in August as inflation fears reignite ... labor market weakness accelerates as inflation fears re-surge
"These six facts provide early, large-scale evidence consistent with the hypothesis that the AI revolution [i.e., rich AI companies wanting to get richer] is beginning to have a significant and disproportionate impact on entry-level workers in the labor market in the USA."
There is now clear evidence that non-paid AI is wrecking the job prospects of young people in the USA (if not the world). [KM: But the rich AI companies must get richer.]
In the last year, automobile companies in Deutschland have fired about 50,000 people, 7% of their workforce. Trump's tax/tariff trade war, competition from Zhōngguó and a sluggish economy have hurt the industry.
Robomart unveils a new non-paid delivery robot with a $3 flat-fee, to challenge the non-paid delivery robots of DoorDash and Uber Eats - [KM: the rich wanting to become richer by] destroying paid-human jobs
45% of workers in Central America avoid going to the bathroom at work, due to social stigma. Specialists warn that holding back this natural urge can lead to serious health problems.
The states in the USA with the highest rates of poverty are in the Chrisitan 'Bible Belt', the highest poverty rate being in Christian Louisiana and Mississippi
Under the sun in Italy, a debate rages over the cost of a beach day, in particular, the cost of beach umbrellas, for example, 50 euros to rent two beach chairs and an umbrella Beaches are public, but the government in Italy leases portions of the coastline to more than 7,000 mostly family-run beachfront clubs, which charge whatever they want. Are these businesses charging too much, or are people in Italy earning less money to pay?
So long to the dream jobs of the technology world. It is the shut up and grind era, tech workers said, as Apple, Google, Meta and other giants age into large bureaucracies.
TikTok to fire hundreds of paid-human contant moderators, and replace them with non-paid AI
Filthy rich Google, to profit more from helping to increase unemployment in New York City, has its Waymo robotaxi division start testing its paid-human taxi-job-destroying vehicles in New York City
A unionization effort JPMorgan reveals tensions inside the bank. At JPMorgan Chase, software developers and investment banking associates are among the supporters of a union facing long odds of recognition from the top.
How managers are using non-paid AI to hire and fire people. An analysis showed that more than one in five managers who responded frequently let AI make final decisions without any human input.
Many Air Canada flight attendants are dissatisfied with wage increases in a tentative agreement that ended a crippling strike earlier this week and union members may not approve the deal
The IRS is begging former workers to return to the agency, after the IRS followed the authoritarian Trump's and authoritarian Musk's orders to fire/force-retire large numbers of IRS workers earlier in the year, an idiotic mismanagement tactic
Evidence suggests Trump's racist immigration policies are shrinking the size of the immigrant labor force, and the broader U.S. labor pool in recent months. As the USA increasingly relies on immigration into the future to grow the national population and labor force, Trump's racist policies will hurt the economy of the USA.
More workers are getting job-skill certificates. They often do not pay off. Many of the thousands of online courses and other credentials employees pursue to boost careers fall short in delivering, a new study finds.
We need to rethink AI before rich AI companies destroy what it means to be human. [Filthy rich] AI companies are on track to erase human purpose, replacing paid-human work, struggle, and growth with non-paid machines.
Some farmers in Florida, including racists who voted for Trump, are reducing the harvests of their crops, and earning less money, as deportation fears drive workers away from the farmers' fields
One reason flight attendents went on strike at Air Canada was the issue of boarding pay. Most airlines don't start paying flight attendants until the plane doors are shut. The attendants do not get paid for the work done on the ground before and after flights take off and land. Boarding pay is fairly new in part because flight attendants have not had enough bargaining power in recent decades to get airlines to agree to it.
As rich AI companies destroy paid-human creative jobs - writers, actors and musicians are pivoting to pursue master's degrees in psychology and social work. "The industry I grew up in has [been destroyed]."
Air Canada strike ends after airline and flight attendants reach tentative agreement
Air Canada strike ends after airline and flight attendants reach tentative agreement
Springfield, Ohio, faces a future without immigrant workers from Haiti, because of the racist immigration policies of their racist idol, Trump. Now Trump's racist policies are forcing many of these workers to leave Springfield, hurting businesses. [Next time, don't vote for a racist.]
The white racist Trump's high taxes/tariffs on imports from most non-white Bharat will destroy exporters in Bharat. The taxes/tariffs will hurt many Indian businesses and may put vast numbers of people out of work.
The white racist Trump's high taxes/tariffs on imports from most non-white Bharat is pushing Bharat back towards better relations with Zhōngguó
A workers union in Panama files a lawsuit against Chiquita Brands, after the company fired 6,000 people in Panama in the town of Changuinola, in the Caribbean province of Bocas del Toro, dismissed the workers after protests that semi-paralyzed the region.
Disney's Marvel abandons the state of Georgia, taking jobs with it. Tax incentives lured studios to help build the 'Hollywood of the South', but now Ma;5Crvel and others are going overseas for cheaper labor costs.
Eric Vaughan, the rich CEO of IgniteTech fired nearly 80% of the people in his company in 2023 because they refused to adopt non-paid AI fast enough. 2 years later, even richer, Vaughan celebrates this misery by saying that he would again fire lots of paid-humans to replace them with non-paid AI. [KM: Let them eat cake, I guess.]
Why I stopped trusting ChatGPT to help me write software, after it nearly got me fired
Government orders striking Air Canada flight attendants to return to work. Their union criticizes move less than 12 hours after start of action that has left more than 100,000 travellers stranded.
Government orders striking Air Canada flight attendants to return to work. Their union criticizes move less than 12 hours after start of action that has left more than 100,000 travellers stranded.
The government of Canada issues a directive ordering striking flight attendents to resume working for Air Canada, with flights restarting on the next day
Flight attendants working for Air Canada begin their strike, crippling the airline. Ahead of the work stoppage, the airline said it had canceled most of the 700 flights that it directly operates, which carry about 130,000 people each day.
Flight Attendants working for Air Canada begin their strike, crippling the airline. Ahead of the work stoppage, the airline said it had canceled most of the 700 flights that it directly operates, which carry about 130,000 people each day.
About 10,000 flight Attendants working for Air Canada begin their strike, crippling the airline. Ahead of the work stoppage, the airline said it had canceled most of the 700 flights that it directly operates, which carry about 130,000 people each day.
Nobody is buying homes, nobody is switching jobs - and mobility in the USA is stalling. The paralysis has economic consequences for everyone. Growing families cannot upgrade, empty-nesters cannot downsize, and when people cannot move for a job offer, they often earn less.
Cognition obtains about $500 million to advance the AI code-generation business, to help companies fire/not-hire paid humans by replacing them with non-paid AI. The very rich Peter Theil's Founders Fund is the lead investor in the financing.
OpenAI in talks to sell around $6 billion in stock at roughly $500 billion valuation. A lot of people are going to have to lose their jobs to make this unprofitable company worth such a valuation.
OpenAI in talks to sell around $6 billion in stock at roughly $500 billion valuation. A lot of people are going to have to lose their jobs to make this unprofitable company worth such a valuation.
The consultants at McKinsey (no longer giving advice to opioid drug traffickers) are terrified as they realize that non-paid AI can generate the same quality management consulting pablum that they get paid lots of money to spew
The more overtly Christian Southern states in the USA have the lowest average incomes, while the more liberal coastal states have the highest average incomes, led by states in New Engaldn and on the West Coast.
Non-paid AI is now eliminating paid-human jobs in the apartment industry, taking over work orders, lease renewals, showings and more from paid-humans who are doing such work now.
The latest version of ChatGPT, GPT-5, makes OpenAI more competitive with Anthropic in helping companies use non-paid AI to not-hire/fire paid-human programmers
Despite not being in a recession, but because of Trump's trade/economic policies, companies in New York City all but stopped hiring people in the first half of 2025, with fewer than 1000 private-sector jobs added - a reality being seen in other cities across the USA. Trump's attacks on foreign countries has discouraged tourism from those countries, and a lot of tourists visit New York City.
Editorial: now we know who is paying for Trump's taxes/tariffs: consumers and businesses in the USA. Producer prices surge, and real wages for the non-rich still are not rising fast enough, proving Trump's lie that the rest of the world will pay for his taxes/tariffs.
One measure of inflation just increased at the fastest rate in three years. Wholesale inflation jumped to a recent high, likely pushing up the Fed's preferred price metric.
One measure of inflation just increased at the fastest rate in three years. Wholesale inflation jumped to a recent high, likely pushing up the Fed's preferred price metric.
Air Canada, the biggest airline in Canada, is poised to start canceling several dozen flights Thursday ahead of a weekend lockout of flight attendants that threatens to throw travel plans for tens of thousands into chaos during the peak summer season.
Air Canada, the biggest airline in Canada, is poised to start canceling several dozen flights Thursday ahead of a weekend lockout of flight attendants that threatens to throw travel plans for tens of thousands into chaos during the peak summer season.
Dubai's non-paid robotaxis are coming to destroy jobs of paid-human taxi drivers. The UAE plans to become the world's testing ground for non-paid autonomous vehicles and upend the lives of 30,000 paid cabbies in the process.
The era of big raises for low-paid workers is over. Wage growth for top earners once again outstripped gains for those at the bottom.
The next big tax threat is coming from your state capital. Mismanaged state pension funds leave retirement systems massively short nationwide - collectively having shortfalls over $1 trillion
Too much work and too little productivity: the eternal dilemma of Latin America. The region continues to have wide productivity gaps. If this problem is alleviated, real labor income for workers could increase.
The minimum wage in Los Angeles could rise to $30 an hour. Is it just enough or too much? With tourism down, and the city in a slump, hotel owners fear for their survival.
The minimum wage in Los Angeles could rise to $30 an hour. Both labor unions and businesses groups have proposed ballot measures over the law approved by the City Council in May.
86% of people in the USA feel stressed about the cost of groceries, and many people are starting to really panic
Recent computer science graduates whose jobs were taken by non-paid AI are forced to find work at Chipotle and other lower-paying human jobs.
More than half of industries are already shedding workers, a predictive signal that has accompanied past recessions
The first victims of non-paid AI? Computer science jobs. Fresh computer science graduates are facing unemployment rates of 6.1% to 7.5% - more than double what biology and art history majors are experiencing. Non-paid AI programming tools are eliminating junior programming paid-human jobs.
Why young americans dread turning 26: the chaos of obtaining health insurance (when they lose family health care under the Affordable Care Act). Young adults without jobs that provide insurance find that their options are limited and expensive. The problem is about to get worse. Buying cheap subpar insurance that leaves them with insurmountable debt following a medical crisis.
The Federal Aviation Administration says it plans to rapidly hire and train 8,900 air traffic controllers in the next four years. It would not be enough to end a shortage of controllers. Due to losses of controllers during the same time period, the net gain will only be about 1000 controllers even though it needs 3000 more controllers.
Restaurants in the USA are under threat as costs greatly increase (e.g., beef prices) and consumers reduce spending at restaurants. Their food costs are up over 20% in four years. It is harder to find quality workers - hard to pay them more, and harder to retain if paying them the minimum wage.
Zhōngguó's Baidu, apparently wanting to profit from paid humans losting their taxi driving jobs, will deploy its self-driving, non-paid, robotaxis globally through deals with Uber and Lyft. [KM: The rich get richer.]
[KM: The rich get richer, the poor lose their jobs:] shares of Tesla jump after its non-paid robotaxi service obtains a rideshare permit from the state of Texas
The Bureau of Labor Statistics costs $600 million a year, but provides little useful economic information. Should it be eliminated?
From illegal immigrants to humanroid robots (the latest hope of Tesla [KM: to remain rich]): the next wage apocalypse for the working class of the USA is approaching. "We estimate that 1 humanroid robot [KM: which makes people like Musk richer] at $5/hour can do the work of 2 humans who have to be paid at a much higher cost."
The authoritarian Trump has his administration begin to cancel union protection for federal workers
Why it is so difficult to manufacture in the USA, and thus why Trump's tax/tariff war will not create lots of manufacturing jobs in the USA. Building supply chains in the USA is difficult.
As non-paid AI takes over the film and TV business in Zhōngguó, paid-human performers are struggling to work within its strict creative parameters -- or even make sense of its scripts
A new study raises concerns over Universal Basic Income to support people when non-paid AI takes all of their paid-human jobs. UBIs have not achieved significant improvements and may actually have some negative consequences for recipients.
A new study raises concerns over Universal Basic Income to support people when non-paid AI takes all of their paid-human jobs. UBIs have not achieved significant improvements and may actually have some negative consequences for recipients.
Moderna is firing 10,000 people as its business erodes
Trump idiotically pledged to bring manufacturing back to the USA. The sector is sputtering. Economic activity tied to manufacturing in the USA has shrunk during most of Trump's second term.
The European Central Bank said the threat of job losses in Europe was set to intensify as Trump's taxes/tariffs force companies based in Zhōngguó to be more competitive in Europe.
Shares of Duolingo increase 30% on boosted guidance, as replacing/not-hiring paid humans and using non-paid AI increases the number of its subscribers
Why workers in the world's biggest gem factory in Bharat are the latest victims of Rossiya's war against Ukraine, with over 100 diamond workers committing suicide in the last 3 years. Bharat's so-called 'Diamond City' (Surat, Guajrat) was once a dream to thousands, but now it has become a symbol of depression.
Remittances sent to their families in México plummet 16% in June, as more immigrants leave the USA workforce
The solar industry in Zhōngguó has quietly fired 33% of its workers
After Elon Musk's DOGE stormtroopers forced too many people to be fired from the very important National Weather Service, the NWS obtains permission to hire 450 people.
Beware the [misanthropic] AI industrial complex. [KM: The hatred of humans:] the same families paying higher utility bills may also face stagnant wages or displacement in the very sectors non-paid AI automates [KM: so that the rich can become richer].
To profit from eliminating the jobs of paid-human taxi drivers, Lyft and Baidu plan to start driverless, non-paid, taxi service early next year in Britain and Deutschland, joining Uber and Momenta in using electric cars from Zhōngguó to eliminate paid-human taxi drivers, vehicles which are the least expensive even with tariffs
Earning more but in worse shape: hardship overwhelms many familes in the USA. Nearly half of the children in the USA live in households below the middle class level as inflation and the end of Covid relief worsens the finances of working parents.
A contentious jobs report in July confirms that the economy of the USA is slowing sharply
Mo Gawdat, a former executive at Google, says that the idea that non-paid AI will create new paid-human jobs is "100 percent crap" - even CEOs are at risk of displacement
Mo Gawdat, a former executive at Google, says that the idea that non-paid AI will create new paid-human jobs is "100 percent crap" - even CEOs are at risk of displacement
The vast majority of adults in the USA are majorly stressed out about the costs of groceries
Shoppers in the USA are becoming thrifty again. Generic brands and bulk buying are on the rise as shoppers find themselves in a summer of economic uncertainty.
Unemployed people in the USA endure longer job searches in a cooling market. The number of people unemployed for at least 27 weeks has topped 1.8 million. Companies are using the delays to see if they can replace more paid humans with non-paid AI.
New graduates discover a dismal job market. Recent college graduates searching for jobs are finding that practical degrees, work experience and even connections are no match for sluggish hiring.
Non-paid AI is coming to replace paid-human consultants. If AI can analyze information, crunch data and deliver a slick PowerPoint deck within seconds, how does McKinsey, the biggest name in consulting, stay relevant?
More than 3,000 Boeing defense workers go on strike after rejecting contract from Boeing management
More than 3,000 Boeing defense workers go on strike after rejecting contract from Boeing management
Legal AI startup Harvey reaches $100 million in annual recurring revenue helping law firms use non-paid AI to replace/not-need paid human lawyers do legal research, drafting and diligence projects
All major casinos along the Las Vegas Strip are now unionized in historic labor victory. 60,000 workers at the casinos are members of the Culinary Union.
Workers at Boeing's defense facilities in Missouri and Illinois will beging a strike, their first strike since 1996
40 job categories that will be destroyed by AI [KM: well, at least the rich will get richer]
The repeatedly-bankrupt Trump's efforts to control economic information echo an authoritarian playbook. In firing the head of the agency that collects employment statistics, Trump underscored his tendency to suppress facts he does not like and promote his own version of reality.
The repeatedly-bankrupt Trump's efforts to control economic information echo an authoritarian playbook. In firing the head of the agency that collects employment statistics, Trump underscored his tendency to suppress facts he does not like and promote his own version of reality.
A petulant bullyboy Trump fires the labor statistics chief because the latest statistics were bad for Trump. History shows the perils of demanding "thou shalt not" lies in economic statistics. Economists say that unbiased data is essential for policymaking, and for democracy.
Editorial: how Trump's economic advisors/puppets have to lie to defend his decision to fire the head of labor statistics.
Former Treasury Secretary Larry Summers called the authoritarian Trump's accusation without providing evidence that the top Bureau of Labor Statistics official manipulated jobs report numbers a "preposterous charge", a "thou shalt not" lie
Former Treasury Secretary Larry Summers called the authoritarian Trump's accusation without providing evidence that the top Bureau of Labor Statistics official manipulated jobs report numbers a "preposterous charge", a "thou shalt not" lie
Non-paid AI is coming to replace paid-human consultants. If AI can analyze information, crunch data and deliver a slick PowerPoint deck within seconds, how does McKinsey, the biggest name in consulting, stay relevant?
Extremely rich Big Tech companies have fired 100,000 paid-human workers in 2025, and the AI revolution to replace workers with non-paid AI is just getting started. So far, [KM: to make the rich richer], non-paid AI is replacing paid-humans faster than new jobs can be created for humans.
Two days after Fed Chair Powell says that the USA has a "solid" jobs market, the Labor Department reports that the job market in the USA is not "solid"
A weak jobs report signals stagflation in the USA. Blame Trump's tax/tariff trade wars.
TACO Trump's lesser tariffs, and a terrible jobs report, sparks global stocks' worst losing streak in 23 months
Until the authoritarian Trump fired her, the commissioner of the Bureau of Labor Statistics had the support of both Democrats and Republicans
Why Trump's firing of the commissioner of the Bureau of Labor Statistics is so damaging to the USA
The job market in the USA slowed substantially in July and was much weaker than previously thought in previous months, suggesting Trump's trade policy may be stifling hiring. The USA economy added just 73,000 jobs last month, and the monthly totals for May and June were revised down by a combined 258,000 jobs.
The job market in the USA slowed substantially in July and was much weaker than previously thought in previous months, suggesting Trump's trade policy may be stifling hiring. The USA economy added just 73,000 jobs last month, and the monthly totals for May and June were revised down by a combined 258,000 jobs.
Treasury Bond yields decline as much as 0.2%, after a horrible jobs report
Weaker than expected job gains combined with rising unemployment rates and massively negative revisions have sent rate-cut odds soaring with September now priced around 75%
It is harder for economists to find jobs in the USA. Bad for them, a bad sign for other highly educated people seeking jobs. One of the reasons is that some of these paid-humans can be replaced by non-paid AI.
Researchers at Microsoft [gleefully with bonuses in their eyes?] reveal the 40 paid-human jobs most threatened by non-paid AI, [KM: so that the rich executives/investors of Microsoft can get richer]
Unadjusted jobless claims report at 10-month low, but worse could be to come as plans to reduce staff spiked in July to a level that was well above the average for the month since the pandemic
Your favorite pretty model? Thanks to non-paid AI, your favorite model may be nothing more than generated by non-paid AI, another job category eliminating human jobs [KM: to make rich AI companies richer]
Most Gen Z workers fear that non-paid AI is eventually going to kill their paid-job careers, and force them into lower-paying blue collar jobs
Bharat is losing its best and brightest people. Without political and economic reform, the top engineers, doctors and scientists in Bharat will keep leaving.
Atlassian, a tech company in Australia, fires 150 paid-humans with an insulting pre-recorded video, as it replaces paid-humans with non-paid AI. [KM: The rich get richer.]a
Misogynistic AI programs, such as ChatGPT, advise women to ask for lower salaries than men. Such hatred of women is no surprise coming from a technology controlled mostly by white men.
Stack Overflow data reveals the hidden productivity tax/cost of "almost right" AI code. "While most developers use AI, they like it less and trust it less this year."
The $20 minium wage law in California has eliminated 18,000 restaurant jobs, according to a new study
The number of job openings declines, as the number of hires unexpectedly plunges
Non-paid AI is wrecking an already fragile job market for college graduates, [KM: while making rich AI companies richer]. Companies have long leaned on entry-level workers to do grunt work that doubles as on-the-job training. Now bots can do many of those chores.
A CEO brags that he gets "extremely excited" firing paid-humans and replacing them with non-paid AI. [KM: The rich get richer.]
Trump's new tax/spending bill [to make the rich richer], may force many local grocery stores to close because of their reliance of SNAP (food stamps for the poor) funds for which are being eliminated [to give more money to rich people]
Highly paid corporate executive are firing lots of the people who work for them - and they couldn't be prouder. Bosses are not just unapologetic about firing paid-humans. Many brag about firing paid humans as accomplishments in the "replace people with non-paid" AI era.
The stock market is signalling that consumers are running out of money to spend. While the SP500 is up 10% year-to-date, the Consumer Discretionary ETF (XLY) is flat for the year
The destruction of an workplace raid by the ICE immigration police enforcing Trump's racist immigration policies. Leaders of Glenn Valley Foods in Nebraska tried to verify every hire through a federal system. After a raid by the immigration police, the executives are wondering how they can keep the company from being destroyed by Trump's policies.
A heartbreaking economic indicator in the USA: more people are giving up their pets
Union members who assemble Boeing's fighter jets in the St. Louis area have "overwhelmingly voted" to reject the company's contract offer on Sunday, with the company now preparing for an imminent strike
Union members who assemble Boeing's fighter jets in the St. Louis area have "overwhelmingly voted" to reject the company's contract offer on Sunday, with the company now preparing for an imminent strike
Trump's harassment of students from Zhōngguó is making it easier for quant funds and investment funds in Zhōngguó to hire recent PhD graduates in the USA - good for Zhōngguó, bad for the USA
Starbucks CEO Brian Niccol made 6,666 times more than the median employee at his coffee chain last year
Leadership of the biotech industry in the USA is being eroded by a skeptical FDA
Intel to fire 15% of the people working for the company - about 24,000 people to be fired, and cancel billions in projects, in an attempt to improve its business and finances
Intel to fire 15% of the people working for the company - about 24,000 people to be fired, and cancel billions in projects, in an attempt to improve its business and finances
Intel to fire 15% of the people working for the company - about 24,000 people to be fired, and cancel billions in projects, in an attempt to improve its business and finances
How Trump's racist mass deportations of illegal immigrants could backfire on the economy of the USA by reducing the amount of money people earn, reducing GDP and worsening the national debt
Vice president Vance slams Microsoft for firing Americans while applying for H-1B visas to obtain foreign employees
To make the rich richer, and the workers sicker, AI startups in Silicon Valley are asking their paid human employees to work 6 12-hour days a week
The rich CEO of the rich OpenAI (joyfully?) tells a Federal Reserve conference that entire categories of paid-human jobs will disappear due to AI - "totally gone", especially call-center jobs which employ huge numbers of poorer people around the world.
In Bharat, government jobs pay far more than equivalent jobs in the private sector - so much so that the entire labor market and educational system have become grossly distorted by profit/rent-seeking to obtain these jobs. Competition to obtain government jobs wastes tremendous amounts of resources and distorts the labor and educational market.
Employees work better and tire less when working a four-day week, according to a six-month trial involving thousands of individuals
The electricity grid in the USA is running out of electricity, due to the huge demand for AI data centers by [KM: want-to-get-richer rich] AI companies either offering useless AI apps or AI apps to eliminate paid-human jobs
Misogynistic AI programs, such as ChatGPT, advise women to ask for lower salaries than men. Such hatred of women is no surprise coming from a technology controlled mostly by white men.
Since the 1970s, the prices of homes has increased more rapidly than the salaries of homebuyers. The price/income ratio has gone from around 4.0 to 5.3
The new tax/spending law starts to end corruption in the pay of some doctors. For decades, a secret committee (the RUC) of the American Medical Association set prices for how much Medicaid should pay doctors for different medical services. And for decades, critics have complained that this process unfairly rewards surgeons and other specialists, at the expense of primary care physicians and other generalists.
Large rich Big Tech companies are using non-paid robots and non-paid drones to deliver more foods to homes and apartments, destroying more and more paid-human delivery jobs.
11 of 12 "overwhelmed and underpaid" gardeners working for King Charles of England quit working at his Highgrove estate over demands about their working conditions
Nursing homes and home care agencies have lost workers as the mostly-white racist Trump administration has moved to end deportation protections for [mostly non-white] migrants with temporary legal status
Mass firings of people continue across freight-related companies in the USA. In the past few weeks, about 4100 people have been fired who worked in trucking, logistics, lumber production, and manufacturing.
Netflix uses special effects generated by non-paid AI for first time to cut costs, i.e., the costs of paying humans to produce special effects
[Filthy rich] Google's AI is 'slitting the throat' of the journalism industry, by starving published of income [KM: to make Google and its executives/investors even richer].
Amazon's AWS cloud services division fires hundreds of paid humans that it replaced with non-paid AI
Mostly socially-useless AI accounted for 71% of venture capital funding in Q1 2025, starving funds for the type of future technologies that Zhōngguó is dominating. Traitors.
Can the develoepd world grow its way out of stagnation by boosting productivity?
The median age of a first-time home buyer is 38 years old. That is bad for the USA.
Many young people are stuggling to find jobs due to lousy career advice, and non-paid AI. Hypocritical employers demand experience for a person's first job, but are also using AI to eliminate many of the 'first position' jobs that people need to gain experience.
Non-paid AI breeds mindless inhumanity [KM: while making the rich richer]. This AI is deadly for fostering comprehension and worse for moral thinking.
Car company Baidu, based in Zhōngguó, and Uber team up to cause more paid-human taxi drivers to lose their jobs, by agreeing to use Baidu's non-paid humanless-driver cars through Uber's platform outside the USA and Zhōngguó. [KM: The rich get richer.]
More elimination of paid-human jobs: in Shenzhen, Zhōngguó, delivery robots will ride the human-used subway to restock more than 100 stores of the 7-Eleven retain chain
More AI misanthropy: an AI-generated band obtained 1 million plays on Spotify. Now music insiders say listeners should be warned. The Velvet Sundown released two albums before admitting their music, images and backstory were created by non-paid AI.
Paid humans fired by gamemaker King (owners of Candy Crush) say they were replaced by non-paid AI that was developed by the paid humans
The authoritarian Elon Musk is subjecting the people that work for his AI company to suffer close surveillance. Musk is ordering employees to to install a productivity tracking software on their personal computers, a mandatory 'Big Brother' dictate - the 'Musk Archipelago'.
Non-paid AI is already showing signs of slashing paid-human job openings in the United Kingdom. The overall number of online job postings are down 31% in the three months to May compared with the same period in 2022.
Taiwan is held up as a recent bastion of liberal values. But migrant workers report abuse, injury and death in its fishing industry.
Goldman Sachs just made your computer science degree worthless, as it piloting non-paid AI software engineers to replace many of its paid-human programmers
Statistics on the growing business of Google's Waymo's non-paid robotaxis that growingly taking work from paid-human drivers
Berlin experiences a 1,059% increase in 10 years of immigrants from Bharat
Trump's immigration police are scaring off illegal immigrants would are rebuilding the fire-ravaged areas of Los Angeles
Republicans in Missouri pass a law nullifying the will of the people, people who in a ballot measure voted to have a minimum wage and required paid sick leave in the state. Such care for the non-rich is of no concern to the politicians who control the state.
The CEO of Nvidia, Jensen Huang, says that non-paid AI could lead to large number of paid-humans losing their jobs "if the world runs out of ideas".[KM: But this won't stop Huang from making himself and Nvidia richer.]
Video: 75% of people in the USA with children say that child care costs are "a major problem"
Trump is allowing the State Department to fire 1300 people in the coming days
TACO Trump's shock-and-awe taxes/tariffs trade wars have not created much of a manufacturing jobs boom in the USA. Not only are not many jobs not being created, but Trump's chaotic flip-flopping trade policies are paralyzing businesses.
How deepfake AI job applicants are stealing remote work jobs
10 paid-human jobs that non-paid AI will replace by 2026. And maybe you will be able to find (lower-paying) replacement jobs.
Video game actors in Hollywood end an 11-month strike with new protections from non-paid AI being used to create digital replicas of their voices or appearances. If those replicas are used, actors must be paid at rates comparable to in-person work.
An insider claims that Microsoft saved a half-billion dollars with non-paid AI by automating low-level jobs done by now-fired paid humans. [KM: Well, at least Bill Gates is richer.]
The economic drain of Trump's racist mass deportations. A report from the Dallas Fed shows how much Trump's racist immigration policies could hurt economic growth.
Undocumented workers at construction projects face unchecked exploitation by their (white) employees who are exploiting Trump's racist immigration activities: "It is more work, less pay".
There are more older adults than children in most states in the USA, as the median age rises to a new high
"Unprepared and entitled": college graduates are unpopular with hiring managers
The world's best and brightest workers and researchers are moving, but it is not the USA made more hostile by Trump
The USA and Europe want to obtain more rare earth metals from Africa. But countries in Africa want more than money - they want jobs for their citizens, so they are imposing restrictions on exports of rare earth metals and minerals to develop processing industries in their countries, creating jobs as well as profits.
TACO Trump and his administration are now downplaying previous suggestions that some illegal aliens, specifically those working on farms and in hospitality, could be protected from deportation.
Shares of Intel increase at least 7% after Intel announces it will start firing over 500 people in its facilities in Oregon
Which group of people will have to lose more of their paid jobs to non-paid AI, [KM: to make rich AI companies richer]: young people or experienced people (or both)?
You think that non-paid AI is coming to take your paid-human job? First, non-paid AI is taking the paid-human job of your interviewer.
The number of people renting housing in the USA rose to a record high, as fewer people can afford to buy a new home with the current salaries
The technology giant with the highest revenues per employee? Porn site OnlyFans!
Deutschland's public pension system needs infusions of government cash, in addition to payroll taxes, as the pension fund runs out of money due to people getting older and leaving their jobs
Volkswagen joins the "lets create more unemployment of paid humans" non-paid robotaxi industry, bringing its non-paid self-driving minivans to the USA
The government of Zhōngguó is urged to implement more aggressive policies to tackle price wars, deflation and weak demand. As Beijing cracks down on cutthroat competition, analysts call for stable jobs, a better social safety net and support for companies.
Scarlett Johansson has become the all-time highest grossing lead actor, with her movies grossing a record $14.8 billion
Trump wants more skilled tradespeople - 'blue-collar' workers. But his Labor Department is eliminating the Job Corps, a residential career training program for low-income and at-risk youth that has helped prepared people for skilled trade work for over 50 years.
The dumbing of the USA [KM: to make rich AI companies/executives/owners richer]: 97% of Gen Z students are using AI to write essays, do homework, and get into college - i.e., to get ahead without learning or thinking. Idiocracy - here we come!
UPS offers buyouts to drivers to leave their jobs, a first in its 117-year history. UPS is reducing costs because of flat parcel volumes, rising labor costs and a long-term decline in its stock price.
Air traffic controllers in France go on strike, disrupting travel within, into and out of France
The weaknesses in the June employment report
Nvidia might soon achieve a market capitalization of $4 trillion, the first company to do so. [KM: Just think of the number of people who have to lose their jobs to generate the profits Nvidia needs to maintain its P/E ratios.]
Problems in the recent favorable jobs report, including wage growth slowing, unemployment rising for Black Americans, employees working fewer hours and manufacturing employment down a bit
Odds of the Fed reducing interest rates in July decline, after a strong jobs report for June, and Republicans passing a new law that will increase the national debt by trillions
It is becoming harder for teenagers to find summer jobs due to businesses troubled about economic conditions. Such jobs are a valuable learning experience.
147,000 people are hired by companies in June (non-farm payrolls), about the same as April and May, with the jobless rate slightly declining to 4.1%.
147,000 people are hired by companies in June (non-farm payrolls), about the same as April and May, with the jobless rate slightly declining to 4.1%.
147,000 people are hired by companies in June (non-farm payrolls), about the same as April and May, with the jobless rate slightly declining to 4.1%.
More corporate executives start confessing their 'wet dream': that non-paid AI will cause lots of paid-humans to lose their jobs. The CEO of Ford (giddily?) predicts that AI will allow CEOs like him to fire "literally half of all white-collar" paid humans that work for companies.
As Elon Musk loses the ability to earn more billions he doesn't need from sales of Tesla vehicles (as that business suffers from his actions), Musk focuses on the next way for Big Tech companies to make more billions: non-paid robotaxis which are only profitable to Musk if they cause lots of paid humans to lose their jobs.
Wimbledon joins other tennis tournaments in replacing paid-human line judges with non-paid AI systems
More billions for rich AI companies by increasing social alienation: more people are not attending corporate videoconferences to interact with fellow humans, but instead letting an AI note-taker sit in on the meeting for them
'Beggar-thy-neighbor': Trump's taxes/tariffs could cause ally Italy to suffer a loss of over $21 billion in export revenues, and cause 118,000 people in Italy to lose their jobs
Denmark will now require women to register for assessment days for potential military conscription, the same requirements that are for men. Women could voluntarily sign up for military service up and until now.
Denmark will now require women to register for assessment days for potential military conscription, the same requirements that are for men. Women could voluntarily sign up for military service up and until now.
While investing more in non-paid AI, Microsoft to fire an additional 9000 people, about 4% of its global workforce. It announced the firing of 6000 people in May.
While investing more in non-paid AI, Microsoft to fire an additional 9000 people, about 4% of its global workforce. It announced the firing of 6000 people in May.
While investing more in non-paid AI, Microsoft to fire an additional 9000 people, about 4% of its global workforce. It announced the firing of 6000 people in May.
Wrong prediction: companies in the private sector employed 33,000 less people in June (some firings, some retirements, etc.), as opposed to a prediction that they would have hired 100,000 people
Wrong prediction: companies in the private sector employed 33,000 less people in June (some firings, some retirements, etc.), as opposed to a prediction that they would have hired 100,000 people
While he gets even rich, rich Silicon Valley investor Vinod Khosla predicts (gleefully?) that non-paid AI will replace 80% of the jobs performed by paid-humans by the year 2030 [KM: making them non-consumers of SP500 products]
A federal judge ordered a halt to the firings of large numbers of people at the USA Department of Health and Human Services, the firings a violation of the Administrative Procedures Act
A federal judge ordered a halt to the firings of large numbers of people at the USA Department of Health and Human Services, the firings a violation of the Administrative Procedures Act
A federal judge ordered a halt to the firings of large numbers of people at the USA Department of Health and Human Services, the firings a violation of the Administrative Procedures Act
The extremely rich Jeff Bezos' Amazon is close to having more non-paid AI robots working in its warehouses than paid-humans
Deploying his millionth robot, the extremely rich Jeff Bezos' Amazon is close to having more non-paid AI robots working in its warehouses than paid-humans
Immigrants, most non-white, have helped restore the economies of cities in the 'Rust Belt' of the USA. Now, because of Trump's racist deportation policies, the immigrants are appearing at their jobs less frequently, if not remaining in hiding, hurting the economies of these cities (many of which voted for Trump).
Large financial institutions such as BNY and JPMorgan say that non-paid AI systems have become useful enough to replace paid-humans that work at their companies
Large financial institutions such as BNY and JPMorgan say that non-paid AI systems have become useful enough to replace paid-humans that work at their companies
The rich CEO of Amazon says that non-paid AI will result in "fewer [paid-humans] doing some of the jobs" that are being replaced by non-paid AI
What happens after AI destroys college writing, by allowing students to easily cheat on doing their homework? Who will want to hire graduates that can't think for themselves or write well?
A new way to replace paid humans with non-paid AI - use an AI system that include biological neural cells - all ;5Dthe benefits of a human's brain without having to pay, clothe or feed the humans
Very rich companies such as OpenAI, Amazon and Meta have supersized their spending on AI, with no signs of slowing down. [KM: The number of paid human jobs they need to destroy to show a profit and become richer on this spending is astronomical.]
The future of stablecoins in a weak economy. If the Federal Reserve reduces its baseline interest rate down to 0% again, regional banks will be competing more directly with the digital token.
Europe is recruiting academics disenchanted with the USA and Trump administration. The UK, France and other countries have set up funds to help USA researchers relocate to research institutions in Europe.
The University of Toronto has attracted several professors from the USA amid turmoil between American higher-education institutions and the authoritarian Trump administration. Other universities and businesses in Canada are attracting scientists and engineers from the USA as well.
For women migrants in the Arabian peninsula, work often means violence against them. Mo Ogrodnik's novel, "Gulf", follows characters from different countries and classes confronting the Islamic region's forced stratification into oppressor and oppressed.
The AI backlash keeps growing stronger. As generative AI tools continue to proliferate, pushback against the technology and its negative impacts grows stronger.
The World Economic Forum argues that it will take 123 more years to achieve full gender-parity globally, with women have equal rights and equal pay to men.
On the quiet southern border of the USA, there are empty farms and frightened workers. As immigration sweeps have prompted protests across the USA, the border is quiet, as would-be migrants stay away and undocumented workers hide at home.
Gloomy Americans reduce spending spending as inflation ticks higher
Uber in talks with its founder, Travis Kalanick, to fund a deal to acquire a self-driving car company of its own, so that Uber can more quickly profit from replacing paid-human taxi drivers with non-paid robotaxis
Tesla's non-paid robotaxi launch shows that Google's non-paid robotaxi service, Waymo, is worth more than $45 billion as both companies seeking to profit by eliminating paid-human taxi drivers
How non-paid AI will kill opportunities for paid-humans to be paid for frontend Web site development
Stocks are being given a warning they should not ignore. Stocks at or near all-time highs are not priced for a weakening in the jobs market. But that weakening is what a gauge of planned layoff warnings indicates.
Trump's nominee for OSHA director, David Keeling, would take over the workplace-safety agency just as it is considering rules to protect against extreme heat. His former employers, UPS and Amazon, have opposed the rules.
The CEO of Nvidia says that non-paid robots are Nvidia's biggest opportunity after non-paid AI tools
Why factories are having trouble filling nearly 400,000 open jobs - many 'blue collar' jobs. For every 20 positions, there is one qualified candidate, says one manufacturing chief executive. Some of Trump's policies are likely to exacerbate the problem. Trump's crackdown on immigration, which includes attempts to revoke deportation protections for migrants from troubled countries, may eliminate workers who could have filled those jobs.
Consumer confidence in the USA dropped last month to a reading of 93, a 5.4 point decline from May, according to data the Conference Board released on Tuesday. The decline was seen across all political affiliations but was strongest among Republican respondents.
Consumer confidence in the USA dropped last month to a reading of 93, a 5.4 point decline from May, according to data the Conference Board released on Tuesday. The decline was seen across all political affiliations but was strongest among Republican respondents.
Shares of dating app company, Bumble, jump 26% as the company announces plans to fire about 240 people working for the company.
The contradictions of Zhōngguó, where unemployment is a huge problem. Zhōngguó is reportedly on the verge of 100 DeepSeek-like breakthroughs amid aspirations for world domination of non-paid AI destroying human jobs.
Shares of Uber are up over 7% today, as investors celebrate the coming loss of income for tens of thousands of paid-human taxi drivers, as Uber announces a partnership with Google's Waymo non-paid robotaxi service in Atlanta
Shares of Uber are up over 7% today, as investors celebrate the coming loss of income for tens of thousands of paid-human taxi drivers, as Uber announces a partnership with Google's Waymo non-paid robotaxi service in Atlanta
Amazon Fresh, Kroger, UNFI and other food production, distribution and retail companies together are firing over 1500 people in a new surge of firing people
A "white collar blood bath" caused by rich AI companies and their non-paid AI systems - does not have to be our fate
A $30 minimum wage has hotel owners in Los Angeles in revolt. They are seeking to suspend a city ordinance requiring what union leaders say is the highest minimum wage in the USA.
People in the USA are side-hustling like we are in a recession. The two-job trend these days is about necessity, not pursuing a passion.
An illustrator confronts fears that non-paid AI systems generating illustrations will destroy his jobs (and jobs of other paid-human illustrators)
The value of Tesla rises about $100 billion after it launches its non-paid robotaxi service in Austin, Texas. Pretty much all of the 10 million taxi drivers in the world will have to lose their jobs to make this a profitable venture for Musk and Tesla shareholders.
Students graduating with computer engineering degrees experience double the rate of unemployment as art history majors. Big Tech used-and-chewed-up programmers to get their job-destroying AI programs developed.
"The better life is out of reach": this dream is slipping away in Zhōngguó. Promised a path to prosperity through hard work and education, working class youths in Zhōngguó are hitting immovable ceilings.
How Tesla's job-destroying non-paid robotaxi service compares with Baidu's Apollo Go in Zhōngguó. Tesla is finally entering the robotaxi business, but Baidu has been testing its job-destroying non-paid robotaxi service for years.
The state of Texas, to encourage further unemployment of poorer taxi drivers, enacts regulations for very rich robotaxi companies to operate in the state
How black lung disease came roaring back to coal country. Once nearly eradicated, old s is back and suffocating younger miners. Federal cuts ordered by Trump risk putting a solution further out of reach.
High costs have ended the USA's love affair with cars. Cars now cost a fortune in repairs, insurance and shocking expensive replacement parts.
To make the rich richer, Trump and Republicans want to impose work requirements on the poor to obtain Medicare. Similar requirements at the state level in Georgia and Arkansas have largely failed.
The biggest companies across the USA are reducing their workforces. It is not just Amazon. There is a growing belief that having too many employees will slow down a company - and that anyone still on the payroll could be working harder.
Shares of Krogers rise as the supermarket chain attracts weary customers. Kroger raised its 2025 same-store sales outlook as a result of the latest quarter's performance, helping send shares up more than 9%.
Baidu, based in Zhōngguó, wanting to help more people lose their jobs so it can profit, plans to expand its non-paid robotaxi business to Singapore and Malaysia, as non-paid robotaxi companies in Zhōngguó race to grow by destroying overseas more paid-human taxi driver jobs
The computer science job bubble is bursting. AI is ideally suited to replacing the very type of idiots who built it. The first to go will be entry-level coding positions.
Intel will outsource marketing to Accenture and non-paid AI, firing many of its own paid-human workers
Under pressure, officials in Bharat move against abuse in sugar fields. Women are coerced into needless hysterectomies and girls are pushed into child marriages. After a court ruling and a Times investigation, things may be changing.
Tesla's non-paid robotaxi, long promised by the extremely rich Elon Musk, joins a crowded field of rich companies seeking to become richer by destroying millions of paid-human taxi car jobs
Double suicide: in a race to attrach data centers with few paid human jobs and which have a goal to eliminate more paid human jobs, states forfeit hundreds of millions of dollars in tax revenue to extremely rich tech companies
How many paid-human jobs will have to be destroyed to return a profit? SoftBank reportedly pitches a $1 trillion hub in Arizona to build non-paid AI systems. [KM: Anything to make CEO Masayoshi Son richer.]
$75,000,000+ -
Kroger is ordered to pay $75M+ to man who lost part of hands while working at one of Kroger's stores in Michigan
Non-paid AI avatars in Zhōngguó just proved that they are more effective than 'influencers'. It took two people in Zhōngguó only 7 hours to sell more than $7 million of products using the non-paid AI avatars.
To help quicken paid-human taxi car drivers losing their jobs, Amazon's Zoox autonomous driving unit opened a robotaxi production facility in California [KM: in the latest move by an extremely rich company to become richer].
Microsoft plans to fire thousands of paid-humans, mostly salespeople, as the tech giant streamlines its workforce amid increased investments in non-paid AI tools to replace paid humans.
Microsoft plans to fire thousands of paid-humans, mostly salespeople, as the tech giant streamlines its workforce amid increased investments in non-paid AI tools to replace paid humans.
Warnings about non-paid AI are the 'hip' new sociopathic way for CEOs to keep their workers afraid of losing their paid jobs
One engineer puts it bluntly: with non-paid AI, "anybody whose job is done on a computer all day is over .. it is just a matter of time" before you are fired and replaced with non-paid AI
Companies that replaced paid-humans with non-paid AI are realizing their mistake
Texas Instruments plans a $60 billion investment to expand its manufacturing operations in the USA. The funds will be used to build or expand seven chip-making facilities in Texas as well as Utah, and will create 60,000 jobs.
Non-paid AI will replace paid-human jobs at Amazon. Rich CEO Andy Jassy confirms the worst fears of Google's paid-human workers.
Of course. Non-paid AI will allow Amazon to fire more paid-humanss in the coming years
Of course. Non-paid AI will allow Amazon to fire more paid-humanss in the coming years
Paid humans were already freaked out about losing their jobs to non-paid AI -- and Amazon just proved them right
Ex-Google AI chief, Geoffrey Hinton, has a stark prediction for paid-human workers: Most of you are about to get replaced by non-paid AI. Only workers in the health care industry will survive, and "very skilled workers" in other industries.
Young college and university graduates are facing an employment crisis. Slow hiring is especially daunting for those just starting out.
Samsung is desperate to be competitive with semiconductor processor chips. Workers say it comes at a cost to their health. Scarred by long hours, low pay, and a hostile work culture, many chip workers are leaving for competitors, including American companies.
Intel will fire 15% to 20% of the people that work in its factories, with most of the cuts taking place in July
A new benchmark developed by academics shows that LLM-based AI agents perform below par on standard CRM tests and fail to understand the need for customer confidentiality
Police and protesters clashed in Panama on Saturday during an operation to clear a highway near the Costa Rican border, where teachers and Indigenous groups are protesting against a pension reform that could privatize their pensions.
Inside Trump's extraordinary turnaround on immigration raids. Trump's decision to pause most raids targeting farms and hospitality workers took many inside the White House by surprise. It came after intensive lobbying by his agriculture secretary.
Non-rich people in the USA are financing the purchase of their groceries with debt. What does it say about the economy? Increased use of dangerous "buy now, pay later" loans may signal shifting consumer habits, but could also be a troubling sign of financial stress.
Trump shifts the focus of his deportation efforts, pausing most raids on farms, hotels and eateries. The pivot on one of Trump's important issues suggested that his immigration crackdown was hurting industries and constituencies that he did not want to lose.
Trump shifts the focus of his deportation efforts, pausing most raids on farms, hotels and eateries. The pivot on one of Trump's important issues suggested that his immigration crackdown was hurting industries and constituencies that he did not want to lose.
Trump shifts the focus of his deportation efforts, pausing most raids on farms, hotels and eateries. The pivot on one of Trump's important issues suggested that his immigration crackdown was hurting industries and constituencies that he did not want to lose.
Editorial: Trump shifts the focus of his deportation efforts, pausing most raids on farms, hotels and eateries. The pivot on one of Trump's important issues suggested that his immigration crackdown was hurting industries and constituencies that he did not want to lose.
The CEO of BT (British Telecom) expects non-paid AI could allow BT to fire thousands of paid-humans working for the company as part of its goal to fire more than 40,000 people by 2030
Is AI the reason for your layoff? New York becomes the first state to require companies to disclose if they fired paid-humans to replace them with non-paid AI.
Despite Trump's tax/tariffs, to promote more manufacturing in the USA, it wasn't imports that lead to manufacturing decline in the "Rust Belt" of the USA, but rather than manufacturing and jobs moved to the labor-hostile South
How labor unions came to define the immigration protests in Los Angeles. Unions have backed immigrant rights in California and have been on the forefront of resisting Trump's deportations.
The central bank of Bharat plans to tighten rules for overseas remittances by resident Indians, barring them from holding foreign currency deposits with lock-in periods
Unemployment rises to 7% in Canada, due in part to Trump's taxes/tariffs
The government of Britain will spend $19 billion on a new nuclear power plant. The new project, called Sizewell C, will be expensive to build, but it will create 10,000 jobs and provide a steady supply of electric power for millions of homes.
Trump and Republicans are proposing the world's most cruelest tax . To make the rich richer, these Republicans want to tax monies earned by people in the USA sent to other countries, 'remittances', that feed, clothe, and house substantial numbers of humans around the world in some of the world's poorest countries.
Seeking an advantage in the AI race to become richer with non-paid that replaces pain-humans, the very rich Mark Zuckerberg and Facebook will create a new 'superintelligence' laboratory
How underpaid are women in the WNBA? It is embarrassing. The average salary of a man playing in the NBA is around $10 million. That is 80 times the average salary of a woman playing in the WNBA. WNBA games attract about one-third of the viewers that NBA games attract, a measure of the broadcast revenue per player, and demanding of a similar salary ratio near 3/1, not 80/1.
How ASML, the maker of the "most complex machine humans ever creatde" (lithography machines to produce semiconductors) is navigating Trump's trade fights
Paramount Global told employees that it would be firing over 600 people (over 3.5% of its workforce) and that the majority of the impacted staff would be alerted on Tuesday.
Uber partners with AI firm Wayve to test fully driverless, non-paid, car rides (i.e., robotaxis) in the United Kingdom, so that Uber can get richer by eliminating paid-human jobs
Uber partners with AI firm Wayve to test fully driverless, non-paid, car rides (i.e., robotaxis) in the United Kingdom, so that Uber can get richer by eliminating paid-human jobs
How AI is slowly killing my coding creativity and critical thinking
Trump targets workplaces as the immigration crackdown widens. Many industries have become dependent on immigrant labor. Some workplace raids have been met with protest.
Car dealerships are replacing paid-human phone call agents, with non-paid AI voice agents
AI is taking thousands of jobs; is yours at risk? Experts and those who have lost work to AI integration weigh in as 92 million jobs could be cut globally by 2030.
A construction boom for AI data centers (for mostly socially useless AI applications) faces local resistance in 28 states
Dollar stores are seeing higher-income shoppers rush in the door. It is a warning sign for the economy of the USA.
One conclusion from the recent USA jobs report? There is little need to rush by the Fed to reduce interest rates.
Child labor law violations in the USA rose in recent years in a manner that the Department of Labor has called "alarming".
Schools are now free to begin paying their athletes directly, marking the dawn of a new era in college sports brought about by a $2.8 billion legal settlement with the NCAA that was formally approved Friday. The NCAA will pay nearly $2.8 billion in back damages over the next 10 years to athletes who competed in college at any time from 2016 through present day.
Artificial intelligence could upend entry-level work as recent college graduates enter the job market, eliminating many positions at the bottom of the white-collar career ladder or at least reshaping them, some experts told ABC News
Petronas, the state energy company of Malaysia, has reportedly announced plans to fire 10% of its people, in response to the challenging operating conditions in the oil and gas sector, particularly falling crude prices
To boost the stock market to increase his popularity, Trump demands that the Fed reduce interest rates by a huge 1.0%. That normally takes a recession, which the USA is not experiencing in this moment.
A high court in the United Kingdom tells lazy, malpracticing lawyers to "take urgent action" to stop misusing AI after the inclusion of fake legal references in submissions to the court
AI surveillance will not stop theft, but AI surveillance might stop unions. The loss prevention industry is excited about using technology to combat shoplifting. But workers are getting caught up in the dragnet.
Hedge fund CEO Ken Griffin does not understnad why Trump wants to take jobs from Zhōngguó. "Why are we aspiring to be the nation of the lowest-cost workforce int he world?" .
Despite Trump's tax/tariff trade wars, manufacturing jobs are never returning to the USA
Payrolls in the USA increased 139,000 in May, more than unexpected, and the rate of unemployment remained the same at 4.2%. The stock indexes rise over 1%. Nearly half the job growth came from health care, which added 62,000. Leisure and hospitality contributed 48,000, while social assistance added 16,000. All are lower paying jobs.
Hiring slowed in the USA, with 139,000 new jobs added in May. Job growth cooled slightly last month, a sign employers remained cautious amid uncertainty over tariffs and the economy. The gains were better than expected, and the jobless rate held at 4.2%.
The number of corporations firing people have increased in the last month
Thre prediction of today's jobs report: "new jobs below 100,000 and the end of the increase of new jobs"
Squeezed by the economic slowdown in Zhōngguó, some users of the Internet criticize the elite of Zhōngguó. A Harvard graduate, a doctor and an actress have been at the center of social media storms over perceived privilege. Some people think economic anxiety is causing the criticisms.
The president of Panama appeals to a higher power as nearly 2 months of peotests by banana workers, and others, disrupt Panama
The new CRO of Nissan proposes a massive restructuring that includes the firing of 15% of the people working for the company
Robert Smith, CEO of the investment firm Vista Equity Partners, tells thousands of finance professionals at a private equity conference that 60% of them will be "looking for work" next year
Disney says that its theme parks generate $67 billion in annual economic impact in the USA
Under the Trump administration, the Food and Drug Administration is eagerly embracing AI tools that staff members are reportedly calling rushed, buggy, overhyped, and inaccurate.
Procter & Gamble to fire 7,000 people. Here is what that tells us about the economic health of consumer brands, especially in light of Trump's tax/tariff trade wars.
Procter & Gamble to fire 7,000 people, about 15% of the people working for the company
Procter & Gamble to fire 7,000 people, about 15% of the people working for the company
The annual birth rate in Nihon falls to a record low as the population emergency worsens
Vietnam eliminates its two-child policy to combat falling birthrate. Vietnam's declining birthrate is most pronounced in urban areas, while nationally, male births still outnumber female.
The city of Los Angeles passes a new law requiring a $30 minimum wage for people working at hotels and airports
Treasury Bond yields and the USA dollar decline, as 'bad' jobs data sparks a surge in hopes that the Fed will reduce interest rates
Treasury Bond yields and the USA dollar decline, as 'bad' jobs data sparks a surge in hopes that the Fed will reduce interest rates
Treasury Bond yields and the USA dollar decline, as 'bad' jobs data sparks a surge in hopes that the Fed will reduce interest rates
A contradiction: the Services PMI index increases while the ISM Services index declines - signal a soaring, or plunging, economy?
A contradiction: the Services PMI index increases while the ISM Services index declines - signal a soaring, or plunging, economy?
The labor market in the USA JOLTed by sharp rebound as job opening rise, new hires surge. The collapse of the US labor market has been postponed indefinitely.
The labor market in the USA JOLTed by sharp rebound as job opening rise, new hires surge. The collapse of the US labor market has been postponed indefinitely.
Recruiting by companies using non-paid AI is 'all the rage' -- as employers stop using paid-humans to screen new people to hire, and rely instead on non-paid AI: "Seemed insane, now it is normalized". For employers, particularly those hiring at high volume, the switch can save hundreds of hours of work done by paid-humans.
The economic weakness of Zhōngguó in its trade war with Trump: a risk of huge job losses. A chronic housing slowdown and high youth unemployment rate have made Zhōngguó more vulnerable than it was in Trump's first term.
To make Mark Zuckerberg richer, Facebook and Instagram will fully automate the creation of advertising using non-paid AI, eliminating the need for paid-humans to create ads
World scientists look elsewhere as laboratories in the USA stagger under Trump's/Musk's destruction of funding for science research. With the welcome mat withdrawn for promising researchers from around the world, America is at risk of losing its longstanding pre-eminence in the sciences. Thanks to Trump and Musk.
The 'unseen hand': why the rise of AI will mark a new era of net job loss, [KM: while rich AI companies get richer]
Tony Xu, the CEO of DoorDash, is taking on the role of industry consolidator in food delivery
"One day I overheard my boss saying: just put it in ChatGPT": the workers who lost their jobs to AI. From a radio host replaced by avatars to a comic artist whose drawings have been copied by Midjourney, how does it feel to be replaced by a bot?
For some recent college graduates, the AI 'job apocalypse' may already be here. The unemployment rate for recent college graduates has jumped as companies try to replace entry-level workers with artificial intelligence.
Google's Waymo - a company offering non-paid robotaxi service [KM: to eliminate as many paid-human taxi drivers as possible to make the owners of Google and Waymo richer], has just reached 10 million rides not done by paid-humans.
Of course, workers want a four-day work week. Companies should too. Businesses and nonprofits that adopt a shorter work week see excellent results in performance metrics and revenue -- and they rarely want to go back.
Why incels ('involuntary celibate') are taking the 'Black pill to become NEET (Not in Education, Employment or Training). "It used to be contained to [rejection of] romantic relationships and sex. Now we are seeing this broader disengagement from society as a whole. We should all be concerned about that trend."
As AI grows 'smarter', I have a down-to-earth worry: losing my job. As someone who makes my living with words and enjoys using them, I find AI's uninvited intrusions into my day not just annoying, but alarming.
The Business Insider media business is firing 21% of its paid-humans after "going all in" to use non-paid AI
What happens if we-want-to-be-richer AI companies destroy huge numbers of paid-human jobs (the savings shared with the rich AI companies)? Will the AI systems themselves destroys the AI companies?
Non-paid AI could spark a 'bloodbath' for white collar jobs - sending unemployment to 20%, according to the CEO of (mis)Anthropic - [KM: while making rich AI companies richer]
7 million new jobs will evaporate in the USA in 2025, because of Trump's tax/tariff trade war
We made a film with non-paid AI, not human filmmakers. You will be very impressed with the quality -- and freaked out for the implications for paid human filmmakers. We tried to direct an AI film with Veo and Runway. The tools are magic. The process is madness.
Surging imports from Zhōngguó to the USA between 1999 and 2011 did hurt SOME jobs in the USA, but the effect was local and temporary - while workers moved to other areas for new jobs, with overall jobs and consumer welfare increasing. Manufacturing-heavy areas in the Midwest and South saw employment declines, but services jobs sprouted in coastal and high-tech hubs like the West Coast and Northeast. Import competition shifted jobs rather than eliminated them.
Salesforce says that non-paid AI has reduced its hiring of paid-human engineers and customer service workers.
The weak link in Zhōngguó's trade war with Trump: the risk of huge job lossses. A chronic housing slowdown and high youth unemployment rate have made Zhōngguó more vulnerable than it was in Trump's first term.
Trump's taxes/tariffs on imports from Zhōngguó are having a "massive impact" on small business in the USA. For example, a small Vermont business that sells water bottles used by cyclists and others is struggling to adapt to Trump's taxes/tariffs even after they were temporarily lowered.
Trump's tactic of using taxes/tariffs to have more ships built in the USA are doubtful due to economics. Ships built in the USA cost as much as 5-times as much as ships built in Asia.
Nihon will spend $6.3 billion to shield its economy from Trump's taxes/tariffs
Trump's tax/tariff trade war with Zhōngguó is hurting the economy of ports in southern California. Declining shipments financially hurt dockworkers, truckers and Big Nick's Pizza.
At Amazon, some software engineers say that their jobs have begun to resemble the grueling work of people in Amazon's warehouses. Some programmers have said that their work is becoming more routine, less thoughtful and, crucially, much faster paced.
At Amazon, some software engineers say that their jobs have begun to resemble the grueling work of people in Amazon's warehouses. Some programmers have said that their work is becoming more routine, less thoughtful and, crucially, much faster paced.
Millions of federal employees are monitoring the progress of Trump's longed-for "Big Beautiful Bill" for changing the economy and taxes of the USA, as it contains provisions targeting their generous, taxpayer-subsidized pensions.
The military of the Christian USA spent $6 billion in the past 3 years to recruit and retain soldiers to use weapons/swords, and not to use ploughshares
Caitlin Clark could have a 'billion dollars of worth' to the WNBA as her star power reaches unforeseen levels. She generated a huge 25% of the entire league's economic activity in 2024.
How Trump and MAGA movement want to destroy the future economy of the USA. Their goal is to have the USA abandon service-sector work in favor of manufacturing and heavy industry - . The reality is that this particular campaign -- this effort to de-skill the working population of the USA -- is more likely to immiserate the country and impoverish its residents than it is to inaugurate a golden age of prosperity.
Booz Allen will fire 2500 people in consulting positions as Trump cracks down on government spending on outside consultants. Booz Allen, which makes most of its money from government-related work, expects to trim 7% of its workforce. Shares fell 16.5%.
The latest oil war due to Trump makes landfall in the USA: rigs in the Permian basin and crew counts plummet as oil prices plunge, and it is about to get much worse
A union has been certified at a Whole Foods Market store in Philadelphia, marking a first in the USA for the Amazon.com grocery chain. Jeff Bezos' Amazon's Whole Food's executives are fighting the election results.
Chiquita's subsidiary in Panama will fire up to 5000 people, workers who have been on strike since April, workers seeking reforms to social security
Wells Fargo warns that Trump's taxes/tariffs will not greatly increase manufacturing jobs in the USA, which will need a minimum $2.9 trillion investment to regain their peak levels of manufacturing jobs
Walmart to fire 1500 people in corporate jobs in a reorganization aimed at trimming its expenses and speeding up decision-making
Trump's taxes/taiffs will not create a resurgence of manufacturing jobs in the USA, according to an analysis by Wells Fargo bank
Frugality rules as people in the USA start making the most of constrained finances in a hand-me-down market. Thrift stores and consignment shops are an alternative to buying new as import tariffs loom and price hikes look set to bite.
Using AI, a kill-human-jobs startup says it makes animation 90% cheaper [by being able to eliminate the need for paid-human animators]
The reign of Austin, Texas, as a tech hub might be coming to an end. Regional tech hubs in conservative regions of the USA are losing talent as workers return to the liberal coasts, with Austin being one of the hardest hit.
$2,300,000 -
Dior to pay $2.3 million help victims of labor exploitations after an investigation in Italy. Last year prosecutors in Milan uncovered workshops where underpaid workers, often immigrants who were in the country illegally, produced leather bags then sold to Dior and Armani for a tiny fraction of their retail price.
Google subsidiary Waymo says it reached 10 million robotaxi trips, doubling in five months, 10 million taxi rides not provided by paid humans, .
The non-paid robotaxi service of Baidu completes 11 million rides amid company growth, 11 million taxi rides not provided by paid humans
$9,400,000 -
In 2023, HBO paid a stuntwoman, Casey Michaels, after in 2021, she shattered her left ankle performing a stunt she argues was not designed competently by the coordinators on-set, ending her career
College towns in the USA go from boom to bust. Many state universities are losing more students every year, failing the local economies they once fostered.
Trump is waging a tax/tariff trade war to bring back more manufacturing and manufacturing jobs to the USA. But do people in the USA want these jobs, as many current manufacturing jobs are unfilled?
At the Los Angeles airport, Uber and Lyft serf-drivers wait, and wait, and wait. One of the busiest airports in the world used to be a prime place for gig drivers to earn money. Now, it is typical of their increasing desperation. "Now you can barely survive." [KM: Uber's and Lyft's need to make the rich richer have shrunk wages paid to their drivers.]
Borrowers report credit-score carnage as student loans hit reports. "My score was in the high 700s and dropped to about 480."
The 'bamboo ceiling': Asian-Americans make up 13% of U.S. professionals but only 3% of top executives. To change that, workplaces need to challenge stereotypes and understand different communication styles.
How the sovereign funds of oil-rich nations in the Middle East are joining the AI investment bubble, more trillions of dollars to [KM: to inflate the AI bubble]
States in the anti-union, Bible-belt Christian states have the lowest average salaries, Mississippi being the lowest at $28.25/hour, followed by Louisiana at $29.17/hour, and Arkansas at $29.95/hour
Microsoft will fire 122 paid-human software engineers in the Bay Area, with wealthy CEO Satya Nadella saying that the company has about 30% of its software written by non-paid AI.
Underestimating the greed of business owners, an official in Zhōngguó who oversees a technology hub in Beijing says that non-paid humanoid robots will not replace paid-human workers and cause mass unemployment, amid a rapid expansion of the robot sector and state funding for it.
The global population is predicted to begin declining in 2085
First-time home buyers are struggling. That is bad news for home builders. Even with construction companies offering cheap mortgages, youngish people are finding it difficult to enter the market.
Mexican President Claudia Sheinbaum has denounced a provision in a tax bill being considered in the United States Congress that would impose a 5% tax on remittances - money sent to people in México from their relatives in the USA.
More than 1,000 people working at Starbucks, baristas, go on strike to protest the new dress code
ChatGPT decreases idea diversity in brainstorming
A software engineer lost his $150,000-a-year job to non-paid AI -- and he has been rejected from 800 jobs and forced to deliver for DoorDash and live in a trailer to make ends meet. Worse, some of his failed interviews were with AI hiring agents.
Burberry, the luxury fashion house based in London, plans to fire about 1700 of its people by 2027
Burberry, the luxury fashion house based in London, plans to fire about 1700 of its people by 2027
An job interview with an AI hiring agent spirals into "dystopian, disturbing" glitch: "I was freaked out". Nearly half of Gen Z job hunters say their degrees have already been rendered useless by non-paid generative AI such as ChatGPT.
Walgreens closing dozens of stores across 17 states
Microsoft to firce over 6000 of its people around the world
Chegg will fire about 22% of its people, or 248 employees, to cut costs and streamline its operations as students increasingly turn to AI-powered tools such as ChatGPT over traditional edtech platforms.
McDonald's says it plans to hire 375,000 people this summer. The hiring surge is focused on staffing up its 13,000 US restaurants as the company prepares to open 900 new locations over the next two years.
"Everybody is replaceable": the new ways that bosses talk about the people that work for them
How taxes/tariffs are crushing small businesses: "nobody in power seems to care". Owners are laying off staff and tapping personal savings, hoping to hold out until a trade deal with Zhōngguó is agreed to.
Nissan Motor will additionally slash more than 10,000 jobs globally, bringing the total cuts including previously announced layoffs to about 20,000 or 15% of its workforce
To save money, Walgreens will start using non-paid robots to fill prescriptions
While coming in much stronger than expected, the latest employment data confirmed what we already suspected: the economy is slowing.
Raids by Trump's immigration police are anti-business, anti-conservative and anti-American
A federal judge pauses much of the massive firings of people working at USA government agencies. "The Court holds the President likely must request Congressional cooperation to order the changes he seeks, and thus issues a temporary restraining order to pause large-scale reductions in force in the meantime."
How tough is it in Hollywood? Entry-level writer jobs vanish after recent fires, strikes and Trump's threat of 100% taxes/tariffs on film imports.
Some coffee shops across the country are trying to keep remote workers from taking over, nixing WiFi and laptops to dissuade Zoom squatters from setting up shop
Panasonic to fire 10,000 people, and spend $896 million on structural reform
How many humans will lose their paying jobs, as software generated by AI keeps improving? One estimate is that coding accounts for half of all large language model usage today.
AI use damages professional reputation, study suggests. People using AI tools at work experience negative judgments about their competence and motivation from colleagues and managers.
Globalization did not hollow out the American middle class. The protectionist narrative is more myth than fact.
Following considerable firings of paid-human tax analysts, the IRS plans to use non-paid AI to supplement its ability to collect taxes from companies and citizens of the USA.
Everyone is using generative AI to cheat their way through college
Generation Z people are drinking less alcoholic products because they are financially broke
Free trade with Bharat is not an economic win for the USA, it is deja vu with Zhōngguó: cheap labor, ignored externalities, and another gut punch to U.S. industry dressed as opportunity .
A 'darker' economic outlook at many companies is causing less travel by businesspeople, as companies more closely scrutinize travel expenses and seek more meetings via videoconferencing
Initial jobless claims fell by 13,000 to 228,000 in the week that ended May 3, the Labor Department said Thursday. That is a return to recent trends. Despite uncertainty over trade policy, companies are not moving to cut jobs through layoffs.
500,000 non-paid robotaxis could be earning money on the streets of Zhōngguó by 2030, destroying 500,000 paid-human jobs
Crowdstrike to fire 500 paid-humans, replacing the people with non-paid AI
IRS loses nearly 1 in 3 tax auditors due to budget reductions by Trump's and Musk's DOGE government destruction agency.
Warren Buffett's Berkshire Hathaway's Geico insurance company cites massive firings of people (from 50,000 to 20,000 people, and technology upgrades, as reasons for its financial recovery
Trump's taxes/tariffs could wreck what the garment workers of Bangladesh have gained. The factories that make clothing for export had remade themselves and raised national incomes along the way. They never bargained for a trade war with the USA under Trump.
Trump's taxes/tariffs are forcing garment factories that sell to the USA to consider alternative markets or cheaper locations in and outside Zhōngguó.
Hyundai deploys non-paid Atlas humanoid robots in its manufacturing facility in Georgia as part of a $21 billion effort to automate operations. These advanced bipedal robots, developed by Boston Dynamics are designed to perform tasks traditionally carried out by paid humans.
Waymo plans to double production of non-paid robotaxis at its Arizona plant by end of 2026, to more quickly eliminate paid-human jobs
Consulting firm PwC will firce about 1500 people, about 2% of its workforce, in the USA
Thousands of machinists union members go on strike at jet engine maker Pratt & Whitney
Europe is trying to hire scientists in the USA who are suffering from Trump's threats to universities and reducing support for the scientists' research
Europe unveils $567 million campaign to attract researchers and scientists from the USA, as the president of France decries the mistakes of Trump over drastic reductions in federal support for science
Factory workers in Vietnam are living in fear of Trump's tax/tariff trade war. The threat of 46 percent taxes/tariffs, among the highest for any country, is rattling factory managers and workers in Vietnam, as well as thousands of exporters
Zhōngguó is experiencing many worker protests over unpaid wages, with more factory closures, due to Trump's tax/tariff trade war
Nine signs that conditions are ripe for a major economic crisis in the USA
Uber signs a deal with Momenta to launch a non-paid robotaxi service next year in Europe,
Native-born workers surge over 1 million new jobs, back to an all-time high
Nonfarm payrolls increased a seasonally adjusted 177,000 for the month, slightly below the downwardly revised 185,000 in March but above the Dow Jones estimate for 133,000. The unemployment rate, however, held at 4.2%, as expected, indicating that the labor market is holding relatively stable.
Trump again asks the Federal Reserve to lower interest rates, after a solid jobs report in April
Earnings for Estee Lauder decline as it continues to fire people. Estee Lauder confirmed it will fire thousands of more people as the beauty-products maker logged a sharp decline in its fiscal third quarter net income due to ongoing weakness in the once-hot Asian market.
Non-paid driverless trucks owned by Aurora are officially running their first regular long-haul routes, making roundtrips between Dallas and Houston, beginning a campaign to eliminate paid-human truck drivers.
Amazon announces a $4 billion rural delivery network, and estimates it can create 100,000 new jobs
Weekly jobless claims surge to 241,000, more than expected, in latest sign of economic trouble
Many trucks on being used for transport today have outstanding loans greater than the value of the trucks - negative equity, to be made worse as the shipping business is about to decline due to Trump's tax/tariff trade wars
Stagflation scenario slammed as the Fed's favorite inflation indicator, the PCE, tumbles to four year lows
Private payroll growth slowed to 62,000 in April, well below expectations of 120,000 jobs
Private payroll growth slowed to 62,000 in April, well below expectations of 120,000 jobs
The optimism about stock prices is only 'skin deep'. As the almost inevitable tariff-driven slowdown burrows into the economy, households will start to deleverage, reducing their allocation to stocks.
Odds increase for an interest rate reduction by the Fed, after ADP reports weakest job growth since July 2024
New weight-loss drugs are sending a surprising number of people in the USA to the emergency room. New research finds that ER visits related to semaglutide use might be on the rise.
Trump's tax/tariff trade wars and massive firings of government officials is already devastating many of his most loyal supporters
UPS to fire 20,000 people on expected lower volume of shipments from Amazon, due to Trump's tax/tariff trade war
UPS to fire 20,000 people on expected lower volume of shipments from Amazon, due to Trump's tax/tariff trade war
The Port of Los Angeles says shipping volume will plummet 35% next week as Trump's taxes/tariffs on imports from Zhōngguó start devastating the economy
The Port of Los Angeles says shipping volume will plummet 35% next week as Trump's taxes/tariffs on imports from Zhōngguó start devastating the economy
Duolingo will replace paid-human contract workers with non-paid AI. Duolingo is going to be "AI-first" says its CEO.
Suggestions made by racist generative AI have the potential to function poorly for billions of users in the Global South by generating generic language that makes them sound more like Americans
Facebook faces a lawsuit in Ghana over the negative health impact of extreme Internet content on its moderators. Workers at contractor in Accra say they have suffered from depression and anxiety as a result of their work, [KM: while Facebook gets richer].
Working while homeless: in the USA, it is all too common.
The 'mom-and-pop' small business trucking companies are in dire straits as bad news increases, made worse by Trump's taxes/tariffs on imports, greatly decreasing the need for shipping across the USA by the trucking companies.
Tech workers are just like the rest of us: miserable at work. Google, Meta and Amazon are piling on demands and taking away perks. A job in Silicon Valley just is not what it used to be.
Meet the non-paid robot replacing four paid-human workers at a time on solar panel projects. The robots are solar by Leapting Technology, based in Shanghair.
Shares of trucking company Saia plummet 30% as demand for its trucks plummet due to Trump's tax/tariff trade war. Shares are down 46% year-to-date.
The city of Los Angeles will start firing a large number of people working for the city, in light of a $1 billion budget deficit
Google's Waymo reports 250,000 non-paid robotaxi rides per week that accepted payment in the USA, 250,000 payments not made by paid-human taxi drivers
A female host, Thy, has been on the Australian Radio Network's Sydney-based CADA station for six months, to present four hours of hip-hop. Turns out Thy is a non-paid AI avatar, taking work away from a paid-human radio host.
The first sign of the disastrous impact of Trump's tax/tariff trade war is seen in data that incoming shipments to the Port of Los Angeles are expected to be roughly 36% lower than the previous year in the week ending May 10
The first economic shocks due to Trump's tax/tariff trade war will soon hurt the Port of Los Angeles, with massive firings of people driving trucks on the West Coast, shocks that will spread across the broader economy
12 signs that consumers in the USA are experiencing far more financial stress than most people realize
42% of the people in the USA under 30 say that they are "barely getting by" financially with the job salaries. 50% of these people do not have college degrees.
Macy's, the iconic retail chaine, closes 150 stores in the USA, after more than 150 years in business
The Port of Los Angeles is predicted to have a steep drop in container traffic. Scheduled import volumes for the LA Port for the week ending May 3 show a 38.53% week-over-week plunge.
Big Oil in the USA is offshoring its prized engineering jobs to Bharat. Chevron and other oil companies are cutting thousands of positions, while offshoring more white-collar jobs to Bharat.
Shares of Intel rise over 6% after a report from Bloomberg late Tuesday said the chipmaker plans to fire 20% of the people working for Intel
Intel plans to fire over 20,000 people working for the company
Broke and burned-out young workers in Zhōngguó come together under a new banner: "rat people"
Exporters in Zhōngguó are losing a lot of money due to Trump's tax/tariff trade war. They have three options - all of them are bad.
The misanthropic CEO of Anthropic gloats/warns that non-paid fully AI 'employees' are a year away from taking jobs from paid humans
Welcome to the era of AI delirium, where model launches outpace (paid-human job destroying) product roadmaps
Over 100 mid-market software companies are caught in a dangerous "squeeze" between AI-native startups and tech giants. AI agents are evolving from mere assistants to becoming applications themselves, potentially rendering traditional SaaS architecture obsolete.
Marketers are putting more content and quality control in the hands of non-paid AI, and thus needing fewer paid-humans
Nihon announces a record decline in population, shrinking for the 14th year, as its demographic crisis deepens
Losing international students could devastate many colleges. Students could bypass the USA for friendlier countries as the Trump administration attacks universities and revokes visas. Their loss could hurt schools and the economy and local jobs.
In the USA, similar to the Roman Empire, the rich get richer. The top 1% of people in the USA own 30% of the wealth of the USA. The bottom 50% own 2% of the wealth of the USA.
The hatred of humanity worsens: a famed AI researcher launches a controversial startup, Mechanize, to replace all human workers everywhere, initially attacking humans with paid 'white-collar' jobs, [KM: so there is more profits for the rich.]
People were deactivated from delivering. Their finances were devastated. Millions of Americans earn money finding gig work through platforms like Uber, Lyft or DoorDash. Many see their financial lives upended when their account is suddenly blocked for unclear reasons .
Retailers of low-cost products have been waiting for the higher-income consumer. They have arrived. As financial stress mounts, chains like Dollar Tree and Academy that cater to the budget-conscious are seeing more of a new class of shoppers.
Trump's taxes/tariffs on imports of products from Zhōngguó could devastate small businesses in the USA
Tourism is the next casualty in Trump's tax/tariff trade war. Trump's hostile policies toward the rest of the world pose a massive risk to the hospitality industry, which employs millions of Americans.
Actors who sold their likenesses to be used for AI avatars are regretting their decisions to do so, as their likenesses are being used in AI videos that they embarrassing, damaging, or harmful.
$6,900,000 -
The airport retail company Paradies Shops is close to finalizing a $6.9 million settlement to resolve a class-action lawsuit on behalf of employees whose personal information was stolen in a ransomware attack in 2020
Trump plans to reclassify many federal workers, making them easier to fire, by classifying career government employees that work on policy matter as "schedule policy/career", which is pretty much everyone in the government to some extent
The billionaire-owned Los Angeles Times launches non-paid AI-generated opposing viewpoints for its columns, eliminating the need for paid-humans to write opposing viewpoints
Why non-paid AI might not take all our paid-human jobs - if huamsn act quickly . MIT economics professor Sendhil Mullainathan says it is in the power of humans to put AI on a path to help us, rather than replace us.
Wages in the UK increased in the first few months of 2025, suggesting that continued high inflation will remain a concern for the Bank of England, despite the damping effect on growth likely to come from Trump's tax/tariff trade war.
Mark Cuban says that Trump's taxes/tariffs caused companies to panic-buy inventory, resulting in cost-cutting and people being fired
A technology investor says that non-paid AI is already eliminating paid-human jobs - and human recruiters and lawyers are most at risk of losing their jobs
Small businesses sue the Trump administration over authority to impose taxes/tariffs on imports. The lawsuit argues that Trump's taxes/tariffs are illegal and unConstitutional under the International Emergency Economic Powers Act
For restaurants that rely on imports, the tariff news is scant relief. Confusion and uncertainty worry an industry with thin profit margins and few domestic sources for foreign ingredients and foods.
Small businesses in the USA that rely on imports from Zhōngguó are selling off inventory, and firing people, amid Trump's escalating tax/tariff trade war
Small sellers of fireworks, ski apparel and other imports cannot escape Trump's tax/tariff war. Uncertainty about Trump's taxes/tariffs is leading many small businesses to interrupt or halt production because they cannot absorb price hikes and lack leverage to negotiate.
Amazon wants to keep prices low . One seller's tariff woes show why it is hard to keep prices low. If taxes/tariffs on products from Zhōngguó stay high, Ramon Gonzalez said he might have to close his online store.
Economists say the manufacturing decline in the USA in recent decades was not mainly about free trade, but about the pace of change without time to adjust for manufacturers in the USA unable to deal with the flood, not stream, of products from Zhōngguó.
How construction contracting work became an economic race to the bottom. The reality of being a real estate contractor includes labor shortages, brutal competition and low, low margins.
Homeowners in the USA must earn $50,000/year more than renters to cover their housing payments
Trump's taxes/tariffs on imports from Zhōngguó will soon bring "irreversible" damage to many businesses in the USA. For other than tech products, for most businesses in the USA, orders from Zhōngguó are being canceled and freight from Zhōngguó being shipped could be abandoned.
As Trump forces technology companies to abandon their equality and diversity efforts, women executives still remain uncommon
Canada vows to use billions of dollars from tax/trade retaliation to aid its workers and businesses
An experiment, with 122 people over three years in Deutschland, has found that people are likely to continue working full-time even if they receive no-strings-attached universal basic income payments.
STMicroelectronics, a supplier of electronics to Tesla, to fire nearly 3,000 people amid sluggish processor chip sales. The Tesla supplier said it would fire nearly 3,000 people through 2027 as the European chip maker seeks to revamp its fortunes after months of lackluster sales.
Sex workers have been saying that a recession is coming, and their financial indicators are eerily correct. Many of their customers are tipping less, or not all. Business at brothels has declined, and strippers are earning less
Trump ordering the IRS to help with deportations exposes a common "thou shalt not" lie of Republican party. For years, Republican extremists/ , including Trump and his allies, have spread the lie that undocumented immigrants do not contribute to the economy of the USA.
The economically-nonsensical omission from Trump's import/export calculations on which he has based his flip-flopping tax/tariff trade war upon: the calculations ignore $1 trillion of a major export from the USA: financial/travel/business services
Trump's taxes/tariffs threaten the status of the USA as an energy superpower. Fractured trade relations and a potential global recession are poised to reduce international sales and domestic output of fossil fuels.
Artisan, the misanthropic "stop hiring humans" startup selling AI agents raises $25 million ... though is still hiring humans, with some funds raised by Y Combinator.
Trump's taxes/tariffs are already reducing imports of automobiles and idling factories, costing people their jobs. A few carmakers have closed factories, laid off workers or shifted production in response to the auto tariffs that took effect last week.
Uber wades into a fierce price war to stay competitive in Bharat. Upstarts and political pressures are forcing Uber to play by new rules as they reshape the ride-hailing economy of Bharat.
The economy of former-ally Canada is starting to crack under the pressure of Trump's tax/tariff trade war. Expectations of a recession rise along with unemployment as the outlook for consumer demand shrinks.
Shopify says it will only hire paid-humans where non-paid AI cannot do the job
The first victim of Trump's trade war: the economy of Michigan. With one in 10 jobs dependent on the auto industry, the state is already feeling the effects of tariffs. Automakers and factory workers are tightening their belts, even as many locals hope the short-term pain will lead to long-term gain.
BYD, the giant automobile company in Zhōngguó, poses a huge threat to Tesla and the Big 3 automakers of Detroit (and their workers), and Trump's taxes/tariffs could make it worse
Real wages in Nihon down for the second straight month due to higher levels of inflation.
Dozens of companies are building non-paid robots that look like paid-human homecare workers. One of them is training a machine to be a non-paid butler and will soon test them in homes, eliminating more human jobs [KM: as the rich AI companies get richer.]
Your new lunch habit is hurting the economy. More people are bringing lunch to work and restaurants are selling fewer lunches than they did in 2020.
Trump's new taxes/tariffs will be a massive blow to the profits of Ford and General Motors, and force large numbers of people to be fired across the auto industry
Nonfarm payrolls in March increased 228,000 for the month, up from the revised 117,000 in February and better than the Dow Jones estimate for 140,000. Health care was the leading growth area, consistent with prior months. The industry added 54,000 jobs, almost exactly in line with its 12-month average. However, the unemployment rate moved up to 4.2%, higher than the 4.1% forecast as the labor force participation rate also increased.
AI could affect 40% of paid-human jobs and widen economic inequality between nations
Trump is promising a manufacturing renaissance in the USA. But is that even possible? The economic story of the USA in the 21st century has been shaped by the deliberate pursuit of freer trade, which contradicts Trump's tax/tariff trade war.
The CEO of job-posting site, Indeed, says that non-paid AI can perform skills for "roughly two-thirds" of paid-human jobs, threatening the jobs of 300 million people. [While the rich AI companies get richer.]]
Trumps's taxes/tariffs force Stellantis to fire 900 people at its factories in Michigan and Indiana, after Stellantis shut down production at facilities in Canada and México in response to the taxes/tariffs.
ISM Services survey declines to 9-month lows, while unemployment plunges
Trump's huge number of firings of government employees make job losses in March the largest in 36 years, with March normally a month when job gains/losses are not large
Trump's dismantling of the Minority Business Development Agency could hinder job growth. Supporters of the agency said its gutting could hurt minority-owned businesses that already face additional barriers to gaining capital
Eurozone inflation falls close to target but price pressures remain as unemployment hits new low
JOLTs job openings drop despite odd jump in Federal openings; hires hit 5 month high
Has the decline begun of knowledge work by paid-humans? The unemployment rate for college graduates has risen faster than for other workers over the past few years. How worried should they be about being replaced by non-paid AI?
As Trump and Musk destroy federal programs, Republicans in Congress - rejecting/abandoning their Constitutional obligation to be a check on the administration (not rendering onto Caesar), and try to leverage their connections to try to insulate themselves and their voters.
The GenX career meltdown. Just when they should be at their peak, experienced workers in creative fields find that their skills are all but obsolete. A big threat is non-paid AI, which seems likely to replace many paid jobs for the remaining Gen X copywriters, photographers and designers.
As sexism persists in Islamic Turkeys' high tech sector, women are leaving Turkey for less patriarchal workplaces abroad.
Fashion retailer H&M will use non-paid digital clones of paid human fashion models in its ads and social media. Some fear the move could impact other models, photographers and make-up artists - paid humans.
The multi-billionaire Bill Gates predicts that within 10 years, non-paid AI will replace many doctors and teachers, that paid humans won't be needed "for most things", [KM: making filthy rich people like him even richer]
OpenAI claims a breakthrough in image creation with its GPT-4o that can generate more realistic images, making it easier to replace paid-human artists with non-paid AI - [KM: the rich get richer again]
Farmers, dockhands and shipowners fight against Trump's proposed taxes/fees on ships from Zhōngguó. A broad cross-section of businesses in the USA is increasing its opposition to Trump's plan to impose steep fees on ships from Zhōngguó docking at ports in the USA.
Some businesses in Europe are excluding the USA from what were once global commitments to diversity and equality, while these companies in Europe still promote diversity and equality goals elsewhere
What recession? Initial jobless claims hover near multi-decade lows.
Can new military spending in Europe help its economies? The political leaders of Europe hope surge of investment, to fill a security void left by Trump's politicies that favor Rossiya, can ignite growth. It will not be easy.
Siemens to fire more than 6,000 people in its automation and EV charging businesses. The German industrial conglomerate said the measures will affect around 5,600 jobs worldwide in the automation segment and around 450 jobs globally in the electric-vehicle charging business.
Amazon to fire 14,000 managers by early 2025. Globally, the management force will be brought down to 91,936 from 105,770, a reduction of 13%.
Morgan Stanley to fire about 2000 people to reduce costs and improve operational efficiency, about 2% to 3% of its workforce
Adobe is releasing non-paid AI agents to replace paid-human agents that companies can use to help consumers navigate corporate web sites
Job seekers hit wall of salary deflation. The salary bump that people who switch jobs used to command has vanished.
Audi to fire 7,500 people as the auto industry in Deutschland struggles. Audi is doing so to reduce costs and help Audi transition its production to electric vehicles. The automaker said that the planned cuts were partly an attempt to reduce bureaucracy. It noted that it had "signficiantly reduced" the number of company committees in recent months and was trying to lessen employee workloads through digitization.
Trump's memo reveals his plans to throw the Social Security system into chaos, the welfare net for Americans.
Bank of America tightens oversight of junior bankers' work hours after death of Leo Lukenas who allegedly (had to) work 100 hours per week.
Trump's tax/tariff trade war and retaliation by other countries will economically hurt the hardest the people that voted for Trump. Foreign countries are targeting their counterattacks, with taxes/tariffs that have been carefully designed to hit Trump where it hurts: nearly 8 million Americans work in industries targeted by the levies and the majority are Trump voters.
For the last few decades, birth rates in Europe have fallen below replacement rate (which keeps population levels the same), and this will only accelerate going into the future.
Wage talks in Nihon signal another year of big pay increases. Nion's spring wage negotiations are closely watched by policymakers and economists.
Can the Department of Agriculture be reduced to a more efficient size? The Agricultural Department started with 10 employees and now has nearly 100,000. Agriculture Secretary Brooke Rollins aims to get back to basics.
Argentina may be near a deal for a loan from the International Monetary Fund, but President Javier Milei needs to follow with structural reforms on issues such as labor and taxes
Shares of Uber will rise from its non-paid AI robo-taxi service. [KM: More profits for the rich, fewer paid jobs for humans].
Programming themselves out of work: since 2022, the number of software development jobs has been decreasing, in part to companies replacing paid-human programmers with non-paid AI
Members of the Gen Z generation - people born after 1995 - were spending twice the amount they had in savings on average in February, and don't have enough money to cover a single month of spending. The ratio has increased in the past two years, and is much higher than for other generations.
Why buying/studying-for an MBA is a waste of time. On today's world of accelerating technological change, an MBA is little more than an overpriced badge that adds little real value.
Trump's taxes/tariffs put the paycheck-to-paycheck "blessed meek" suffering on the front lines of his trade war
Google's Waymo robotaxi division, working [hard] to replace many paid-human drivers with non-paid robotaxis, [KM: to make the rich richer], was sanctioned with 589 parking tickets in San Francisco in 2024
[KM: Humanity-hating] Pony AI, based in Zhōngguó, is scaling up its non-paid robotaxi fleet, planning to turn profitable by 2029 by helping to eliminate the need for paid human taxi drivers. The company hopes to launch more than 1,000 non-paid robotaxis this year, and aims to have more than 10,000 on the road within the next three years, [KM: while making its CEO and investors richer while causing more human taxi drivers to lose their jobs].
The Trump's immigration policies are scaring both undocumented workers, and the people who hire them. Fearing roundups, many immigrants are staying home. Construction, agriculture, senior care and hospitality employers say labor shortages will worsen.
Consumers keep bailing out the economy. Now they might be running out of spending money. Recession fears rekindle concerns that Americans are overstretched on debt.
The latest 'goldilocks' JOLT data shows unexpected increase in jobs openings, hires and quits. Did someone in the government statistics office get tapped on the shoulder to distort the numbers in a ailing economy?
Tech start-ups typically raised huge sums to hire armies of workers and grow fast. Now non-paid AI tools are making a few workers more productive, and eliminating the need to hire lots of paid humans, [KM: so the rich investors can get richer]].
Trump orders NOAA to fire 20 percent of its employees. Together with recent firings and resignations, the new cuts could hamper the National Weather Service's ability to produce lifesaving forecasts, scientists say.
A chill sets in for undocumented workers, and those who hire them, thanks to the immigration policies of Trump. Construction, agriculture, senior care and hospitality employers say labor shortages will worsen as many immigrants stay home, fearing roundups.
The city of Saint Louis wants immigrants. Trump's crackdown could hurt their economies. Shrinking cities have tried to stabilize their populations with foreign-born residents. The strategy was working, until the inauguration of Trump.
"Not as bad as feared": the USA adds 151,000 jobs in February, as the unemployment rate rises to 4.1%
The BLS reports that payroll growth in the USA in February totals 151,000 people with new jobs, less than expected. It is not until March that all of the government employee firings will be accounted for in the BLS report.
The BLS reports that payroll growth in the USA in February totals 151,000 people with new jobs, less than expected. It is not until March that all of the government employee firings will be accounted for in the BLS report.
The BLS reports that payroll growth in the USA in February totals 151,000 people with new jobs, less than expected. It is not until March that all of the government employee firings will be accounted for in the BLS report.
Trump's attempts at massive firings of federal employees first pushes out mostly new, young employees. The loss of early career workers has raised concerns about the impact on the next generation of civil servants.
HPE to eliminate 2,500 jobs as Trump's taxes/tariffs hurt fiscal outlook
ThyssenKrupp plans to fire 1800 people at its weakened auto tech division, which posted a slump in sales and orders for the final three months of last year
Trump tells the heads of government agencies that staffing decisions will be their decisions, and not the decisions of the authoritarian, un-elected, Elon Musk
Trump tells the heads of government agencies that staffing decisions will be their decisions, and not the decisions of the authoritarian, un-elected, Elon Musk
DHL to fire about 8000 people in Deutschland this year, about 1% of its workforce
The CEO of Starbucks tells its workers to worker harder, after many other workers were fired
McDonald's is now using non-paid AI to improve order accuracy and help restaurants detect equipment issues before they fail
The Los Angeles Times' billionaire owner, Patrick Soon-Shiong, who unveiled an unpaid AI tool that generates opposing perspectives to be displayed on opinion stories (as opposed to paying humans to write opposing stories ), was unaware the new tool had created racist pro-KKK arguments less than 24 hours after it launched
Private employers in the USA added just 77,000 jobs in February, far below expectations, ADP says
Republican efforts to greatly spending on Medicaid (healthcare for the "blessed meek") may jeopardize the entire Medicaid system and negatively impact the economy, so they have money more to give to rich people in the form of tax cuts
31 million people in the USA borrowed money from health care last year, about $74 billion in new debt, despite most of them have some form of health insurance.
ADP reports biggest disappointment in job gains in 2 years in February
Veterans are being hurt by Trump's and Musk's massive firing of government employees, a slap in the face for the veterans . Nearly 30 percent of civil service employees in the federal government are veterans.
Banks loan $2 billion to build a 100-acre AI data center in Utah. .
A store-brand supplier feels the pain as shoppers pull back even on lower-cost groceries. First, shoppers squeezed by inflation began ditching name-brand snacks and drinks in favor of lower-price store brands. But now, with costs for coffee, eggs and other basic grocery items surging, consumers are cutting out many cheaper items as well. That has TreeHouse Foods, one of the largest manufacturers of private brands in the USA, feeling the pinch.
Demographic doom: the birth rate in Nihon falls to the lowest in 125 years
Lindt to supply chocolate to Canada from its factories from Europe, instead of from its factories in the USA, in response to Canada's taxes/tariffs on imports from the USA in response to Trump's taxes/tariffs on imports from Canada. Once again, Trump hurts workers in the USA.
Trump's new taxes/tariffs could quickly reduce automobile production in North America by a third, a loss of 20,000 vehicles a day not produced, as automakers attempt to mitigate increased costs and buyers hold off on purchasing new cars and trucks
Stagflation fears bubble up as Trump's taxes/tariffs take effect and the economy slows. The phenomenon, not seen since the dark days of hyperinflation and sagging growth in the 1970s and earler 1980s, has primarily manifested itself lately in "soft" data.
Graduates from top MBa programs in the USA are struggling to land jobs. At every one of the top MBA schools in the USA, job-placement outcomes have declined since 2021, and this year is looking no better. Job growth in white-collar sectors is tepid, and private-sector wage growth is declining.
A robot-maker in Zhenzhen, UBTech Robotics, installs its first 'team' of humanoid non-paid robots in an automobile factory in Ningbo owned by Zeekr, which makes electric vehicles. The human-shaped robots work as a team to complete tasks such as lifting heavy boxes and handling soft materials.
In the shipbuilding industry, the USA is tiny and rusty. The Trump administration has floated a proposal that would seek to revive the shipbuilding industry in the USA. The idea faces both labor and financial challenges.
$12,300,000 -
Yellow, a shipping company in bankrutpcy, settles WARN layoff claims from non-union employees for $12,300,000
The American Federation of Teachers is pressuring some of the biggest shareholders of Tesla as Elon Musk's government destruction with Trump threatens the education system of the USA, while threatening the pensions of members of the AFT (the AFT's investment portfolio has shares of the declining in value Tesla)
Sergey Brin, one of the rich co-founders of Google, suggests that his workers work a minimum of 60 hours a week
People in California are falling behind on bill payments amid soaring debt. People in California have accrued the highest per capita debt levels since 2008 as a growing number fall behind on their bills.
Paid human therapists prepare for battle against non-paid AI pretend therapists. Chatbots posing as therapists may encourage users to commit harmful acts, warns the American Psychological Association, chatbots which could end up hurting vulnerable humans
The very rich Marc Benioff, CEO of Salesforce, San Francisco's largest private employer, says that SalesForce does not plan to hire paid-human engineers this year because of the success of non-paid AI agents created and used by the company
Technicolor fires hundreds of people in California amid reported financial collapse while facing insolvency. Part of its problems is the growing use of non-paid AI to generate visual effects for movies that previously had been done by paid humans.
Technology experts 'freak out' over a video of two non-paid robots conversing in their own secret language, after calculating that both robots are AI systems. The robots are AI assistants .
Facebook in talks to build a $200 billion AI data center. [KM: Everyone in the USA will have to lose their jobs to make this profitable, and the rich richer.]
Shares of Alibaba rise 5% after it makes its AI video generation model free to use globally, replacing paid-humans that make videos and graphics
Trump announces an inquiry that could result in new taxes/tariffs on imoprts of copper. The biggest imports of copper come from Chile, which would be hurt economically with higher taxes/tariffs. As would consumers in the USA, who would pay more for products using copper.
$16,800,000 -
DoorDash will pay $16.8 million to workers for, in its early years, not giving customer-paid tips to the workers - pure theft.
Dockworkers approve a labor deal. The six-year contract includes a 62% pay raise for humans, and protections against fully automated non-paid machinery at East Coast and Gulf Coast ports.
Dockworkers approve a labor deal. The six-year contract includes a 62% pay raise for humans, and protections against fully automated non-paid machinery at East Coast and Gulf Coast ports.
Elon Musk is 'shredding' the government of the USA? Hah! Not even close. The firings are within the ranges of firings and hiring by past administrations.
Nvidia and Cisco extend their partnership that has a goal of hastening the adoption of AI, so that Nvidia and Cisco can profit more from replacing paid humans with unpaid AI
Aluminum producer Alcoa said on Tuesday that Trump's plan to impose a tax/tariff on imports of aluminum could cause about 100,000 people to lose their jobs in the USA and would itself not be enough to entice it to boost production in the country, further causing another 80,000 people in related industrial sectors to lose their jobs.
Aluminum producer Alcoa said on Tuesday that Trump's plan to impose a tax/ariff on imports of aluminum could cause about 100,000 people to lose their jobs in the USA and would itself not be enough to entice it to boost production in the country, further cause another 80,000 people in related industrial sectors to lose their jobs.
Trump's plan to expand taxes/tariffs on imports of aluminum will cause higher costs for can and component makers - "It is going to cost me a lot of money"
Apple joins a slew of companies touting more jobs in the USA. How much is actually new? Businesses are exaggerating the impact of investment plans to appeal to Trump.
Starbucks to fire 1,100 people working in corporate positions, amid sluggish sales
Starbucks to fire 1,100 people working in corporate positions, amid sluggish sales
Retail store closures outpace openings amid "historic shift" to service-based tenants. But the outlook is not all bad, as the real estate churn may open up 140 million square feet of retail space in a market where high quality storefronts are in short supply, a JLL report says.
How Amazon and the Internet made in-store shopping, an important social activity, miserable. Physical stores do not have enough staff. Now, physical stores also do not have enough stuff to sell. [KM: But rich companies do keep getting richer.]
As Trump attacks/defunds universities in the USA, Zhōngguó welcome PhD refugees from the USA, with the leading educational institutions in Zhōngguó offering new academic pathways. Trump weakens the USA and strengthens Zhōngguó.
The countries most dependent on foreign remittances from their citizens who work in other countries: Tajikistan, Tonga, Nicaragua, Lebanon, Samoa, Nepal, and Honduras
Mark Zuckerberg approves massive bonuses for executives at Facebook (up to 200% of their base salary), days after firing 4,000 people
A Republican Congressman defends firing of tens of thousands of paid-humans, saying that "a lot of the work they do is duplicitious with [non-paid] AI"
Google just confirmed the non-paid AI reality that many paid-human programmers are desperately trying to deny - non-paid AI is gradually replacing paid-human programmers
Very rich baseball owners welcome ... unpaid robot umpires to replace paid-human umpires
Trump and Musk lie that firings of government employees targets low performers and new employees. The reality is far from it - people who have been recently promoted or received strong performance reviews are among those who have been terminated.
Zhōngguó holds the dominant position in humanoid robot ecosystem and industry. Zhōngguó leads the West in number of top listed companies involved in developing humanoid robots.
Microsoft shows progress toward real-time non-paid AI-generated game worlds, lessening the need for paid-human game designers.
Southwest Airlines is preparing to fire 15% of its corporate employees, eliminating about the jobs of 1,750 people in an effort to cut costs and streamline the operations of the airline
Bret Taylor, the CEO of Sierra and chairman of OpenAI, says non-paid AI agents will one day be the entire customer experience devoid of paid-human customer service representatives. [KM: to make executives like him even richer]
The 'white collar' recession is pummeling office workers, but the end might be near. One in four U.S. workers who lost their jobs last year were white-collar professional, in part due to non-paid AI doing some of their paid-human work.
Trump's idea of 'competence' is that - only white men need apply
Houston-based Waste Management will continue to not rehire for jobs in 2025 by reducing dependency on roles that require physical labor and turning more to technology, AI, and automation for its services.
Utah bans collective bargaining for public workers. Utah joined two other states in prohibiting collective bargaining for teachers, police officers and other public employees in an authoritarian move that was seen as a possible blow to the labor movement of the USA.
Trump's decision to fire 3,400 people working for the Forest Service, and freeze the Service's budget used for wildfire prevention, comes as wildfires are growing more dangerous and frequent
Americans have always sought debt-relief after holiday spending. Now their struggle with credit card debt and auto loan payments lasts all year. Many are stuck in what have become unaffordable car loans, while others turned to their credit cards over the past years to buffer themselves from higher prices on groceries and gas.
Why young women in Asia are going 'boy sober' and 'swiping left' on romance. More young women are opting out of traditional dating and marriage, prioritising career and personal freedom over societal expectations.
Are AI advancements in Zhōngguó a double-edged sword hanging over already dire job prospects? Many companies are already planning to fire paid-humans as unpaid automation takes over repetitive tasks. The government has conflicting goals - finding jobs for young people, while supporting other young people creating AI system that destroy paid jobs for ... young people.
Apptronik, a new company building non-paid humanoid-like robots to replace paid humans in their jobs, is announcing a $350 million Series A funding round on Thursday. The round is being co-led by B Capital and Capital Factory, with participation from Google. [KM: make the rich richer by getting people fired from their jobs.]
12 facts about the de-industrialization of the USA. For one, the USA has lost almost 70,000 factories sicne 2000. Only 8% of semiconductors are manufactured in the USA. The USA sends soybeans to Zhōngguó, while Zhōngguó sends industrial goods to the USA.
How to best prepare for an impending 'apocalypse' in paid-human AI jobs, as AI companies are destroying paid-human jobs
Chevron will fire up to 20% of its workforce as part of a plan to slash costs by between $2 billion and $3 billion by the end of 2026
Less than a month after filing for Chapter 11 bankruptcy protection for the second time in a year, craft retailer JOANN is preparing to close over 500 of its stores in 40 states
How Dave's Hot Chickens beat rising labor costs. The restaurant chain added menu items and tweaked operations to offset rising wages for employees in California and other markets.
Fintech unicorn Zepz in the United Kingdom, a remittances platform - to fire 20% of its people
Lyft [our wealth] says that it will be ready in 2026 to profit from getting paid-humans to lose their jobs, when it will be ready to launch its fleet of non-paid robotaxis
New marriages in Zhōngguó decline to a record low, while the number of divorces is increasing. Declining number of marriages and births pose a severe challenge to Beijing, as it grapples with the pressure of a shrinking workforce and rapidly aging population on the slowing economy of Zhōngguó.
Behind the scenes, corporate America is scrambling to stop the deportation plans of Trump, instead of openly confronting that is bad for the USA economy (except for deporting criminals)
Sales in the USA for McDonald's decline as customers spend less. The fast-food giant's store sales and earnings in the USA fell as the burger chain dealt with the fallout of an E. coli outbreak hitting its domestic business last year.
McDonald's quarterly earnings met expectations, but its revenue fell short of Wall Street's estimates. The burger chain's USA same-store sales declined as customers spent less at its restaurants. But both of its international divisions reported same-store sales growth.
Even Disney is worried about the high cost of a Disney vacation. Price hikes have moved the Happiest Place on Earth out of reach for many Americans, alienating parkgoers and worrying executives.
Unemployment for paid programmers and IT workers rises to 5.7% as non-paid AI hits tech jobs
Diversity and equality (DEI) initiatives did not change the racial and sexual profile of the workplace that much. It is still mostly white men at the top.
The economy of the USA continues to grow, . But almost everything and everyone else is falling behind. The gap between the prosperity and quality of life for most (non-rich) Americans has grown since the 1990s.
In January, over a million foreign-born workers found a job compared to only 8,000 native-born workers. The number of native-born workers remains unchanged over the past six years, still below levels last hit in 2019, just before the Covid crisis.
One month after a near-record drop in consumer credit we just saw the biggest increase in consumer credit on record, coming at a time when credit card APRs are the highest on record
Jobs growth in January is below estimates, amid massive revisions which trim unemployment, and reduce historic payrolls. JObs growth in January was at 143,000, below estimates of 175,000. Average hourly earnings printed at 4.1% YoY, beating soundly the 3.8% estimates and unchanged from an upward revised December print (which was 3.9% before).
The economy of the USA added just 143,000 jobs in January, but the unemployment rate fell to 4%. Job growth was concentrated in health care (44,000), retail (34,000) and government (32,000).
Amazon is pulling ahead of rivals in the AI investment race with plans for more than $100 billion in capital expenditures this year. .
SoftBank is prepared to invest $40 billion in OpenAI at a $260 billion valuation.
Trump is sued by government employee unions over his unconstitutional attempt to place most of USAID's 10,000-strong global workforce on administrative leave while freezing funding and operations
"Sell All Things" the market stalls ahead of the 'most important job print' ... since the last one. Everything was sold today - stocks, bonds, gold, crypto, dollar.
Spot gold holds steady after weekly jobless claims in the USA rise to 219,000
Goods-producers in the USA suffer the biggest job losses in two years, while services employment soars
Towns with lots of factories in the USA that were hurt by the 'Zhōngguó Shock' bounced back economically. But not the factory workers. Retail and restaurants have helped communities that were hit by the tidal wave of cheap products from Zhōngguó two decades ago. That does no do much for former factory workers.
Estée Lauder will fire up to 7000 people. The cosmetics company has been struggling with weak demand, especially in Asia.
Bond prices, gold and Big Tech rise in price after a bad jobs report and lessened worries about the trade war with Zhōngguó
Job openings in December suddenly plummet by more than 500,000 as the job market becomes more problematical, below all Wall Street estimates with the exception of one
The administration of Trump has warned more than 1,100 Environmental Protection Agency employees who work on climate change, reducing air pollution, enforcing environmental laws and other programs that they could be fired at any time.
OpenAI, in its ongoing hatred of humans, unveils an unpaid AI tool that can do research similar to paid humans
The USA desperately needs more air traffic controllers. So why is it so tough to hire them? Stressful working conditions are a big problem.
Bernie Sanders to Trump: instead of Greenland, steal Denmark's ideas of free health care, paid parental leave and $22 minimum wage
Why are these motorcycle taxi drivers wearing pink? "Boda Girls" in Kenya are turning a male-dominated industry upside down. Their favored customers are pregnant women needing rides to the hospital.
Trump and Republicans in Congress are considering treating work benefits such as employer-provided transportation, free food and on-site gyms as a new source of taxable income to help pay for Trump's tax cuts for the rich.
Jensen Huang, CEO of Nvidia, says non-paid AI agents are a "trillion dollar profit opportunity" for rich people and rich companies, the trillions derived from firings lots of humans with paying jobs.
The population of Nihon aged 65 and over has reached an all-time high of 36 million, accounting for 29.3% of the total population. Currently, 51% of companies in Japan report a shortage of full-time employees.
Don't blame DEI for the crash at the Reagan National Airport. Blame Ronald Reagan. Experts say that the air traffic control problems of the USA are still suffering from the mass firing of 12,000 air traffic controllers back in 1981, ordered by Reagan.
STMicroelectronics forecasts sales decline amid weak demand for legacy processors. The processor maker -- which counts Apple, Samsung Electronics and Tesla among its customers -- expects lower sales, as demand for legacy semiconductors remains subdued.
Thousands of people at STMicroelectronics could be fired, after a gloomy outlook and a slump in processor sales
Retailer Costco Wholesale will increase pay for most of its hourly U.S. store workers to more than $30 per hour. The pay hike comes after Costco Teamsters union members said earlier this month that they voted in favor of a nationwide strike as they entered final round of talks to reach a new contract ahead of a Jan. 31 deadline.
OpenAI is asking for tens of billions of dollars in new investment to "fund its money-losing business operations", because it is unable to generate enough revenues [KM: from humans being fired from their paid-jobs]
Q4 GDP growth comes in unexpectedly light despite red hot personal spending beating estimates by a record. The bubbled USA economy is all about consumer credit and increased debt.
The GDP of the USA grew 2.5% in 2024, but slowed slightly in final quarter. Consumer spending fueled growth, despite ongoing fears about inflation.
Initial jobless claims decline to near multi-decade lows, evidence of little-to-no weakness in the labor market, making it harder for the Fed to reduce interest rates
$48,400,000 -
Italy seizes $48.4 million from the Italian subsidiary of FedEx, following an investigation into alleged tax fraud linked to illicit labour supply
Trump's offer to federal employees to quit and be paid through September 30, in order to get rid of his opponents, is already proving to be a useless failure. The ultimatum is making federal employees vowing to stay in their positions out of sheer spite.
Nissan is planning to fire up to 2,000 people in the USA and reduce production by 25%. It aims to close a production line at its Smyrna, Tennessee plant by April and another at its Canton, Mississippi plant later in the year.
Why oil industry jobs are down, even with production up. The industry is pumping ever more oil and natural gas, but it is doing so with only about three-quarters as many workers as it employed a decade ago.
Whole Foods workersl in Philadelphia form the grocer's (a subsidiary of Amazon) first union in decades. Employees vote to organize under UFCW as the store becomes the only union-represented Whole Foods location.
Whole Foods workersl in Philadelphia form the grocer's (a subsidiary of Amazon) first union in decades. Employees vote to organize under UFCW as the store becomes the only union-represented Whole Foods location.
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A criminal indictment unsealed in New York charged seven people with "operating a multi-state conspiracy in which they attempted to defraud the United States of more than $600 million by filing more than 8,000 false tax returns claiming COVID-19-related employment tax credits.", according to the Justice Department.
Work in Hollywood was already drying up. Then the wildfires hit. The wildfires have given new urgency to discussions about how to revive one of Los Angeles's defining, and dominant, industries: film and television production.
Amazon's fight with its unions heads to its grocery aisles. Whole Foods workers in Philadelphia are voting on whether to form the first union in the Amazon-owned chain.
59% of people in the USA do not have $1,000 for an emergency
OpenAI's new anti-paid-human jobs program. The company's Stargate project will create lots of profits . But not lots of earnings for paid humans.
An important Trump goal emerges: replacing paid humans with non-paid AI? The only explanation for his $500 billion AI infrastructure project that teams up with Silicon Valley.
The [humanity-hating] CEO of (mis)Anthropic says that AI could surpass "almost all humans at almost everything" shortly after 2027. Just think of the profits by replacing paid humans with non-paid AI that does "almost everything".
Biden's big failure: wages didn't keep up with inflation during his administration
Amazon is exiting its operations in the Canadian province of Quebec, leading to the loss of about 1,700 full-time jobs, the company said on Wednesday, prompting Ottawa to express its unhappiness. The Amazon warehouse targeted was unionized in May, and authoritarian Amazon struck back .
Automakers in the USA prepare for the impact of Trump's new taxes/tariffs on imports from Canada and Mexico. In the short term, taxes/tariffs on vehicles and parts from Canada or México would lead to higher prices at dealerships and lower demand for cars. Rather than protecting U.S. auto workers, as Trump has promised, tariffs would lead to job losses because automakers would cut their work forces to compensate for slumping sales, analysts said.
Trump pushes for early renegotiation of the trade deal between the USA, México and Canada. Trump is using the threat of higher taxes/tariffs on goods from Canada and México to pressure the two nations to start renegotiating a continental trade deal.
18,000 unionized workers at Costco prepare to strike after a vote passes to do so
Oracle released a new set of non-paid AI agents to help salespeople with a range of tasks around dealing with customers that currently are being doing by paid-human assistants. [KM: Let's make Larry Ellison richer by helping to fire more humans!!!]
$8,000,000 -
Two meatpacking companies, Perdue Farms and JBS, to pay $8 million for violating child labor laws in the USA. The two companies abused migrant children by relying on the children to do dangerous work in their slaughterhouses to earn more money for the rich owners of the companies.
The Trump to begin large-scale deportations of immigrants next week. The new administration of the Trump is planning a large-scale immigration raid in Chicago next week, the first move in the Trump's promised mass deportation campaign.
Dumb question of the week: if we have such a strong economy, why are so many Americans struggling? Because the strong economy only benefits the rich, thanks to a Congress that ignores their "blessed meek".
Population growth in Zhōngguó drops for the third year in a row, despite an increase in births
Population growth in Zhōngguó drops for the third year in a row, despite an increase in births
British oil company BP to fire 4700 people as part of a major effort to reduce costs. BP will also fire 3000 contractors.
Replit CEO on AI breakthroughs: "We do not care about professional paid human programmers [or humans] anymore."
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Mastercard agrees to settle for $26 million, a compensation lawsuit alleging racial and sexist discrimination. The complaint accusses the company of underpaying female, Black and Hispanic employees compared with their male and white counterparts.
The leader of Zhōngguó, Xi Jinping, is reining in the country's once-freewheeling finance sector with purges and pay cuts. Xi's campaign against capitalist excess ushers out internationally experienced financiers for a new generation of loyal functionaries.
Deaths in the USA are predicted to exceeed births within a decade. A new report from the Congressional Budget Office lowers expected immigration, fertility and population growth.
Macquarie, a large bank in Australia, [KM: seeking to profit from replacing paid humans with unpaid AI], will invest up to $5 billion in data centers being built by artificial-intelligence infrastructure company Applied Digital, adding to Macquarie's substantial AI-related investments [KM: to profit from replacing paid humans with unpaid AI, humans who will no longer need bank accounts at ... Macquarie].
[KM: Filthy rich billionaire] Mark Zuckerberg announces he will fire paid-humans after saying that programming jobs will be replaced by non-paid AI
OpenAI courts Trump with a vision of "[non-paid] AI in America"
Businesses are starting to link their non-paid AI investments with reducing hiring plans of paid humans, so-called cost avoidance of having to pay humans, in an effort to justify investing in AI
Consumer inflation expectations jump as the labor market and household finance sentiments crumble
How unauthorized immigrants in the USA help finanace Social Security benefits, while Republicans want to expel these immigrants and reduce Social Security benefits .
Is the Human Resources department really your friend? Don't expect the human resources department to take your side in a workplace dispute, especially if it involves a conflict with your boss.
Nihon is the 'Silicon Valley' of the robot revolution. Companies like Fanuc, Yaskawa Electric, and Nachi-Fujikoshi churn out nearly half of global supply, according to the International Federation of Robotics.
The newst humanoid robot available Pudu Robotics, the D9 humanoid robot, is ready to replace humans in paid tasks. From performing ground cleaning tasks with the Pudu SH1 to carrying boxes in warehouses and stocking shelves in stores, the D9's potential applications are as vast as the number of paid humans they can replace.
Macy's and Kohl's announce closures of 93 stores in total, citing inflationary pressures on costs and decreased consumer spending
BYD, the electric vehicle giant in Zhōngguó, slows operations in Brazil as accusatons are made that it treats its workers there "slavery-like". The labor practices of companies based in Zhōngguó are driving a wedge between BYD and efforts to expand globally in areas where employee protections are paramount.
Dow declines nearly 700 points on Friday as a strong jobs report casts doubt that the Federal Reserve will reduce interest rates in the near term
Hopes that the Fed will further reduce interest rates plummet after a strong jobs report
The Dow Jones Index declines more than 650 points, after a strong jobs report dampens the odds of the Fed reducing interest rates. U.S. payrolls grew by 256,000 in December, while economists polled by Dow Jones expected to see an increase of 155,000.
Scorching hot jobs report in December: the USA unexpectedly adds massive 256,000 jobs in December, smashing estimates, as unemployment drops
Hiring blew past expectations with 256,000 jobs added in December. Hiring was stronger than expected. The data put further rate cuts by the Fed in doubt.
Bond yield reaction shouldn't be large if payroll history is a guide. Historical data is consistent with a relatively contained net move in US yields after today's payrolls data report.
December payrolls preview: all signs point to a miss
US Steel, its merger with Nippon Steel blocked, faces stark alternatives. US Steel is fighting to revive a takeover by Nippon Steel. Other mergers could also face obstacles, and going it alone could force it to fire workers.
The International Longshoreman's Association (ILA) and the United States Maritime Alliance (USMX) have reached a tentative agreement on a new six-year master contract. "This agreement will replace the expiring contract which had been extended after a short strike in October 2024. "This agreement protects current ILA jobs and establishes a framework for implementing technologies that will create more jobs while modernizing East and Gulf coast ports."
The only way [KM: billionaires] investing hundreds of billions in AI will make money - getting humans fired. 4 in 10 companies in the global economy are planning to fire paid humans and replace them with non-paid AI.
Deutsche Lufthansa plans to hire 10,000 employees in 2025. Deutsche Lufthansa said more than half of the hiring is to take place in Deutschland.
Trump announces that a billionaire from the United Arab Emirates will invest $20 billion to build even more data centers in the USA to hasten the replacement of paid humans with unpaid AI systems, [KM: while making these two billionaires richer?].
Trump announces that a billionaire from the United Arab Emirates will invest $20 billion to build even more data centers in the USA to hasten the replacement of paid humans with unpaid AI systems, [KM: while making these two billionaires richer?].
US Steel and Nippon Steel sue the government to block Biden's decision to prohibit the merger of the two steel companies
Dockworkers in the USA threaten to strike against automation that replaces paid humans with unpaid robots, creating economic uncertainty for the economy of the USA
US Steel and Nippon Steel challenge Biden's decision to kill their $14.1 billion merger. The companies accuse the president, head of steelworkers union and Cleveland-Cliffs CEO of teaming up to block the transaction.
Unemployed office workers are having a harder time finding new jobs. More than 1.6 million unemployed workers have been job hunting for at least six months - a number that has ballooned by more than 50% in the past two years. The pain of long-term unemployment is largely in high-paying white-collar jobs, including in tech, law and media - human-paid jobs that are being targeted for elimination by the hundreds of billions of dollars being invested in non-paid AI [KM: by the misanthopes of the AI world].
Non-paid artificial intelligence agents have emerged as one of the most exciting aspects of generative AI for business of eliminating paid human workers, because they take chatbots to the next level, performing complex tasks without help from paid-humans.
How the Democrats lost the working class. Their theory seemed sound: stabilize financial markets, support the poor and promote a more secure, integrated world. But blue-collar workers were left behind.
Taxi cab drivers in Hong Kong, long scorned and frustrated, face the end of an era. A government push to modernize taxi services (including installing cameras and credit card readers) comes up against the habits of drivers known for driving fast and accepting only cash.
How Uber and Lyft are gearing up for the non-paid robotaxi revolution that replaces paid human taxi drivers with unpaid robot taxis. After ending their own driverless plans, the ride-sharing companies are embracing autonomous-vehicle operators and offering new app features, [KM: once again to make the rich richer.]
Forklifts hurt thousands of workers each year. Factories are seeking alternatives. Companies say the demand for autonomous versions is growing.
Unpaid AI robots are entering the public world -- with mixed results at replacing paid humans. They are terrible cocktail party guests but operators say the potential of what unpaid robots can do to replace paid humans is growing.
Dockworkers in the USA, and their employers, are set to resume labor talks. The negotiations set for January 7 would come one week ahead of potential strikes that could shut down ports in the USA from Maine to Texas.
Why Canada should join the European Union. Europe needs space and resource, while Canada needs people. Let's do a deal between the two.
Initial jobless claims decline to an 8-month low to end 2024
Indian-Americans have slammed racist comments by some supporters of Trump against his handpicked artificial intelligence adviser Sriram Krishnan following Krishnan's suggestion to allow more skilled immigrants (such as from Bharat) into the USA. Far-right critics, particularly those aligned with the Make America Great Again (MAGA) ideologies, have criticised Krishnan for his call and decried his appointment with racist comments.
Where have all the managers gone? As corporate America goes on a mission to thin its management ranks, workers on all levels are having to adjust their career paths and re-examine the way to better pay and status.
Help wanted: factories in the USA seek workers for the nearshoring boom. Factories in the USA employ about 13 million people. Plant owners are struggling to fill positions even as other sectors of the economy, such as transportation and warehousing, have recovered from pandemic-era labor shortages.
A minimum-wage increase (30%) that is less than inflation (44%) in Turkey generates anger and protests
Shen Yun needed publicity. The Epoch Times wrote 17,000 articles. A publisher that rose to prominence promoting right-wing conspiracy theories has also served as sword and shield for the dance group and the religious movement behind it.
An epic construction site in the desert of Islamic Saudia Arabia is a hazard for workers. Gang rape, suicides and highway deaths plague Neom, the futuristic Islamic vision of Crown Prince Mohammed.
As the film industry in Hollywood struggles, the region's economy feels the pain. Film production has failed to bounce back after major strikes last year, and competition from other locales has gotten more intense.
Amazon and UPS are in a race to see who can replace the most paid-human delivery drivers with non-paid drones. A multibillion-dollar drone delivery market is taking shape. The rewards could be massive. [KM: yes, the rich must get richer].
Holiday sales reveal a split in consumer spending. Gains were driven by households earning $100,000 or more, while retailers and brands experienced a pullback by lower-income shoppers.
Continuing jobless claims hit 3-year-highs as initial claims hold near 7-month lows
A credit-score hangover is hitting the riskiest borrowers in the USA. Credit scores soared during the pandemic, enabling a borrowing binge that has now forced a reckoning.
The non-paid delivery drones of Amazon are ready for replacing lots of paid-human delivery people. A recent visit to Amazon's overhauled drone delivery program in Arizona left me impressed by the drones, but skeptical that the public will welcome them.
Baristas at more than 300 Starbucks stores go on strike
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Tyson Foods and eight other poultry processors have agreed to pay $180 million to resolve a lawsuit in U.S. court claiming they conspired to suppress poultry workers' wages.
The 'invisible wall' amplifying the population doom loop in Zhōngguó. A two-tier system that has long made workers leave children behind in villages is cutting into birthrates.
Consumers in the USA feel less confident as economy concerns mount. Confidence among American consumers dropped unexpectedly in December, with expectations growing bleaker for the economic situation in the new year.
Demand at food banks has soared to record levels all over the USA
Elon Musk (rightly) complains that the Federal Reserve is overstaffed with 23,000 employees at the Fed's offices in Washington and at the 12 regional Fed banks
Walmart and one of its financial technology partners allegedly opened expensive bank accounts for delivery drivers without their consent. The Consumer Financial Protection Bureau claimed that Walmart and Branch Messenger Inc. required the delivery drivers to be paid through costly accounts. The agency sued the two companies in the US District Court for the District of Minnesota, according to a statement.
Death on the night shift at frozen pizza factories in Chicago. Undocumented workers help feed America's addiction to prepared foods, but some take jobs with staffing agencies that expose them to hazardous conditions
"Almost all sectors are considering to fire people" - bankruptcies in Deutschland are increasing by double-digit numbers
Volkswagen reaches labor deal, avoiding plant closures in Germany. The automaker agreed to keep all 10 of its factories in Deutschland open and to guarantee the jobs of its workers until the end of 2030.
Volkswagen aims to reduce workforce by 35,000 people in deal with union. The auto giant strikes an agreement to cut billions of dollars in costs while avoiding factory closures.
50% Of manufacturers in Canada are considering to fire people if Trump enacts his threatened taxes/tariffs
Baristas at Starbucks hit the picket lines in a multi-state strike campaign. Do these kids realize that their jobs will just get automated by AI from Silicon Valley ?
Baristas at Starbucks hit the picket lines in a multi-state strike campaign. Do these kids realize their jobs will just get automated by AI from Silicon Valley from the rich companies that are attuned to the rich owners of Starbucks?
Immigrants dominate population growth in the USA. The Census Bureau estimates that the population of the USA grew by 8.5 million over the past four years, with immigrants making up the vast majority.
Unemployment for young people in Zhōngguó is easing, for now at least. The youth-unemployment rate fell to 16.1 per cent in November, its third consecutive monthly decline, according to data released by the government of Zhōngguó.
Teamsters launch pre-Christmas strikes at Amazon warehouses, warn of "serious impact on customers". Unions represent only about 1% of the workforce of Amazon.
Teamsters threaten pre-Christmas strikes at Amazon warehouses, warn of "serious impact on customers"
Salesforce will hire 2,000 people to sell non-paid AI products, CEO Marc Benioff says. That means a lot of paid-humans are going to have to lose their jobs such as for customer service, due to companies buying Saleforce's products, to make their investment in these products profitable for them (and for Benioff)
A sudden loss of undocumented workers threw a tech supplier into upheaval. Jabil says it required "herculean efforts" to replace immigrant employees from a staffing agency. Other businesses are bracing for "an enforcement storm" under Trump. They shouldn't whine like babies if they voted for Trump.
Amazon, to make Jeff Bezos richer, disregarded internal warnings on injuries, an investigation by the USA Senate asserts. A staff report by the Senate labor committee, led by Bernie Sanders, uncovered evidence of internal concern about high injury rates at the e-commerce giant.
The war in Myanmar between the ruling military leaders and rebels fighting for more freedoms, has forced doctors and nurses into prostitution. Nearly four years into a grinding civil conflict, the economy is in ruins, and people -- even professionals with degrees - are desperate.
In dispute about working conditions at ports in the USA, Trump backed a union that courted him. Trump is supporting the International Longshoremen's Association, which could strike soon if it does not reach a deal on automation with employers.
The drugs that young bankers use to survive their working conditions. Many on Wall Street see Adderall and Vyvanse as tools to plow through long hours of tedious work amid high-pressure competition.
A new risk for employers : losing millions of migrants with temporary work permits. Trump promised to eliminate programs that provide temporary work permits, including to people brought to the USA illegally as children.
Fashion brand Mango is strongly criticized after replacing paid-human models with non-paid AI in new advertising campaign
The Canadian dollar strengthens are the Bank of Canada lowers interest rates by 0.5% again, and blames de-growth on Trump's threats of taxes/tariffs and immigration
German industrial giant, Bosch, to fire about 8,250 people (about 2% of its workforce) at its factories around the world, in the next few years, another blow to the beleagured economy of Germany.
Ghost towns in Greece offer a glimpse of a country struggling with an "existential" population crisis
In the rapidly aging cities of Zhōngguó, young people flee and few babies are born. Funshun, where roughly a third of the population is 60 or above, offers a snapshot of the future of Zhōngguó.
Workers in the USA are falling behind those in other rich countries when it comes to basic skills such as reading a thermometer .
Wall Street is betting billions on rental homes as ownership slips out of reach. Millennials priced out of the most coveted suburban neighborhoods are turning to upscale single-family rentals nearby. Developers are eager to capture that demand.
[KM: Seeking to make the rich richer, and get more humans fired], Amazon has expanded into online car sales with the launch of Amazon Autos, an e-commerce business that lets customers find, order, and buy new cars, trucks, and SUVs from dealerships
The average age of cars keeps rising, but people cannot afford maintenance
Trump's threats of mass deportations could threaten workforces and finances of industries ranging from agriculture to healthcare
How the obsession of the USA to make the rich richer has turned vital human interaction into a luxury good that only the rich can afford
In a "last hurrah", credit card debt explodes higher despite record high APR interest rates as savings rate plummets. Everyone is bracing for the moment when the US economy suddenly grinds to a halt and collapses under the weight of its own debt.
Jobs in November surge above estimates as wage growth comes in hot, and unemployment rises. Wall Street views these numbers as causing the Fed to reduce interest rates in December.
The economy in the USA adds 227,000 jobs in November, unemployment rate rises to 4.2% as labor market rebounds
"The market is pricing a December reduction in interest rates." - how Wall Street reacts to today's solid jobs report. "A December cut is in the offing but, come early 2025, the Fed is likely to slow its cutting pace to every other meeting."
Airbus to move ahead with 2,000 job cuts at struggling defense and space business. The cuts amount to around 5% of the people in the division, fewer than the up to 2,500 positions Airbus had initially sought to eliminate two months ago.
Google's Waymo non-human-driven ride-hailing service to expand into Miami, leading to paid-humans losing their jobs [KM: while making extremely rich Google richer]
Guardian journalists strike over planned sale of sister publication. Workers have begun a 48-hour walkout, the first in 50 years for the outlet, over a proposal to sell The Observer to Tortoise Media, a digital media start-up.
An economic role reversal in the USA: working-class Blacks make gains while Whites fall back. The loss of manufacturing jobs in one Illinois county points to a key factor in the narrowing income gap.
Why more middle income people in the USA are struggling to save money
ADP job employment statistics are reported less than expected, as manufacturing in the USA reports the biggest job losses since June 2023. Worse still, wage inflation re-accelerated.
A plan by the Biden administration would phase out a provision that allows employers to pay workers with disabilities less than the federal minimum wage.
The construction industry braces for a one-two punch: taxes/tariffs and deportations. Trump's immigration and trade policies put home builders in a vulnerable economic position.
Agricultural giant Cargill to fire thousands of people. The company faces pressure on the beef industry and weak grain prices.
Cargill confirmed this week that it would be firing people from its global workforce by about 5%, with job firings impacting thousands of employees globally
The Nasdaq is up a bit, and the Dow and SP500 down a bit, as investors analyzed fresh jobs data and waited for new Fedspeak to cement or dent growing hopes for future interest rate cuts.
Unions at Volkswagen begin short strikes and threaten more. Workers at nine of the Volkswagen's factories in Deutschland walked off their jobs for several hours, and warned they would escalate the action if their demands went unmet.
Unions at Volkswagen begin short strikes and threaten more. Workers at nine of the Volkswagen's factories in Deutschland walked off their jobs for several hours, and warned they would escalate the action if their demands went unmet.
Wall Street is not buying the deportation threats of Trump or the spending cut claims of Elon Musk
The 'Great Flattening' is here to stay. Companies in the USA are undergoing a rapid corporate restructuring -- 'waging war' on middle managers, "managers of managers". It is not just that tens of thousands of middle managers have lost their jobs. It is that the jobs themselves have been eliminated.
The number of male registered nurses in the U.S. has nearly tripled since the early 2000s. One reason is that nursing jobs offer good pay and job stability and faces little threat from automation.
The idiots in the Dalton, Georgia, who voted for Trump are now realizing that his vows to eliminate all illegal immigrants will financially hurt the town's carpet mills which rely heavily on immigrant workers.
A new law in Belgium gives sexual pleasure workers contracts, benefits and safety protection. The new law also establishes fundamental rights for sexual pleasure workers including the right to refuse clients, choose their practices and stop an act at any moment.
A majority of people in the USA will rely on credit for this year's Black-Friday/Cyber-Monday purchases, despite deep discounts
VIDEO: 30 companies racing to manufacture and sell non-paid humanoid robots for homes, to replaced paid human domestic workers
A misanthropic startup in Zhōngguó wants to build non-paid AI robot chefs to eliminate paid humans in the kitchen. Cooking robots can help restaurants cut labor costs by 30 percent, and reduce food and seasoning waste by 10 percent. [KM: If all companies do this, who is going to have a job to eat in such restaurants?]
United Aircraft, based in Shenzhen, Zhōngguó, is preparing for mass production of its drone, as demand for aerial deliveries by unpaid drones eliminates the need for paid-human delivery drivers. The company is preparing to fill 1 billion yuan in orders for its new drone as the 'low altitude, fewer employees' economy gains momentum.
Artificial intelligence has become a subject for people in the art and theater worlds who are worried about paid artists being replaced with non-paid AI.
The nursing home industry wants Trump to rescind staffing mandate. A Biden administration rule that imposed minimum rules on nursing levels may not survive, even though many homes lack enough workers to maintain care for residents.
Local governments in Zhōngguó hold back wages in desperate scrape for cash. Recent attempts by Zhōngguó to address the trillions in hidden debt held by local governments only scratches the surface.
The most hated way of firing someone is more popular than ever. It is the age of the PIP. Performance improvement plans are on the rise. Workers dread them. Managers do too.
Jobs and inflation data tell us interest rate reductions will continue, but more slowly
A growing number of leading academics are being tempted away from Western countries as they make the move to science and research universities and institutions in Zhōngguó. Mathematics has seen a particularly high influx of top-level expertise in recent years, which may signal the growing competitiveness of Zhōngguó in the field.
Workers at Amazon plan a strike between Black Friday and Cyber Monday in major cities in 20 countries around the world. The 'days of resistance' seek to "hold Amazon accountable for [labor] abuses, environmental degradation and threats to democracy".
Revisions in the savings-rate of Americans erase $140 billoin in American's wealth as the Fed's favorite inflation indicator jumps to 6-month high
Continuing jobless claims rise above 1.9 million Americans - the highest in 3 years
Good news (NOT!) for auto workers who voted for Trump. Trump's proposed taxes/tariffs would deal a big blow to the auto industry and auto workers. Automakers and parts suppliers would struggle if Trump followed through on his threat to impose 25 percent tariffs on imports from Canada and Mexico.
Classic capitalism: Zhōngguó is bombarding talented engineers in the USA and Europe with job offers, freaking out the West. Companies in Zhōngguó are trying to poach engineers in high-tech Western industries by offering to triple their salaries as Beijing seeks to catch up with Silicon Valley in the battle for tech supremacy.
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Walmart must pay a truck driver $35 million after firing him and accusing him of fraud after an accident
Softbank-backed online shopping site Meesho has rolled out what it claims is the first GenAI-powered voice bot among Indian e-commerce firms for customer support, allowing it to fire up to 75% of the people working in its customer call centers.
The shipping industry is wrestling with one of its biggest challenges - shorts of seafarers for their crews. The shipping industry is contending with a worldwide shortage of seafarers, and it is fueling a troubling mix of fake resumes, accidents at sea, and elevated freight rates.
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Disney agrees to pay $43 million to settle lawsuit alleging it paid men more than women
Workers who clean airplanes, remove trash and help with wheelchairs at Charlotte's airport, one of the busiest in the USA, went on strike Monday during a busy week of Thanksgiving travel, to demand higher wages.
To help make Elon Musk richer, people working at Tesla reportedly faced temperatures of up to 100F because of a faulty furnace door
ThyssenKrupp Steel has announced plans to fire about 11,000 people by the end of this decade - about 40% of its employees - becoming the latest German industrial giant to opt for drastic action to prop up its fortunes. The company said Monday that it is aiming to fire about 5,000 people by 2030, through reducing production and streamlining administration. A further 6,000 people will be transferred to external service providers or shed through the sale of business units.
Are coding boot camps are a fraudulent form of education in a newer world where non-paid generative AI can generate a similar quality of code to that generated by paid-humans who have graduated from these coding boot camps?
Bosch to reduce hours for 10,000 workers in Germany. People mostly on 38- or 40-hour contracts at sites around Deutschland will have their hours reduced to 35 hours.
How allies of Trump lie about how immigration hurts workers in the USA. They argue that immigration will raise wages and give jobs to sidelined Americans. Many studies suggest otherwise.
Why the economy of Germany, once a leader in Europe, is in crisis. High energy prices, a complex bureaucracy, aging public infrastructure and geopolitical developments have hurt export industry of Germany. Political paralysis under the previous government exacerbated the situation. German industrial companies have seen production shrink more than 12 percent since 2018.
National economies in Europe slow as threats of taxes/tariffs compound political turmoil. Business activity in the eurozone declined this month as the threat of higher duties on exports to the U.S. added to political uncertainties at home.
Bosch to cut thousands of jobs as auto woes intensify. Bosch said it expected to cut 3,500 jobs in its cross-domain computing solutions division by 2027. Subdued car sales and intense competition have hit earnings at carmakers.
The Fed's Williams predicts that inflation is cooling and interest rates will fall further. John Williams, who heads the Federal Reserve Bank of New York, says 2% is the rate that can best balance the Fed's employment and price stability goals.
Inflation will not hit the Fed's targets in 2025. Interest rates will decline anyway.
Supercheap robotics manufactured by Baidu in Zhōngguó should scare the hell out of competitors in the USA such as Waymo. [KM: But should paid human taxi drivers being even more scared about losing their jobs to make the rich richer]?
Weird: continuing jobless claims rise to 3-year highs, as initial jobless claims drop to 7-month lows
Zhōngguó surpasses Deutschland and Nihon in the adoption density of industrial robots
Ford Motors to fire 14% of its people in Europe, blaming a shift in electric vehicle demand and rising competition
Nearly 50% of Americans say they live paycheck to paycheck - but only 30% do, according to a Bank of America analysis
Robot companies struggle to make non-paid robots that can eliminate all paid humans in warehouses. Current robots can load and unload trucks, move goods and do other repetitive tasks but are stymied by some, like picking items from a pile. But in their quest to replace all humans, the robot companies will solve this problem.
AI startup FutureHouse is seeking to eliminate the need for paid human scientists by creating non-paid AI scientists, capable of not just formulating hypotheses but also conducting the experiments, analyzing data, and sharing possibly game-changing findings.
The rich owner of Infosys, Narayama Murthy, has tripled down on his previous statements that 70-hour work weeks are what's needed in Bharat and revealed he also thinks weekends were a mistake. Poor people must work harder to make rich people (especially at tech companies) richer.
Trump officials reportedly are easing rules for non-paid self-driving cars as Elon Musk pushes non-paid robotaxis [KM: so that he can cause more people to lose their jobs, while he gets richer]
The contradiction of Trump's goal of a stronger defense and a smaller government workforce: 70% of civilian workers in the government are in military-related agencies
The contradiction of Trump's goal of helping corporate America and helping blue-collar workers who got him elected: Trump will have to reconcile traditional Republican resistance to unions and workplace rules with "New Right" advovacy for employees. [Of course, the workers who voted for Trump will get screwed.]
Greed is good! After earning a record $19.7 billion in yearly profits, partly due allegations by the government that it and Mastercard are monopolies, Visa celebrates its good fortune by firing 192 people
Why state governments are offering workers at private companies in the USA access to IRAs. With the plans, workers are automatically enrolled and contribute through payroll deductions. The goal is to help more Americans save for retirement.
Boeing has delivered firing notices to more than 400 people in its professional aerospace labor union, part of thousands of cuts planned as the company struggles to recover from financial and regulatory trouble as well as an eight-week strike by its machinists' union.
$10,912,000 -
Paul Walczak, a business owner in Florida, pleads guilty to paying employment taxes and not filing his individual income tax returns. In total, Walczak caused a tax loss to the IRS of $10,912,334.80.
Agility Robotics, another company want to replace paid-humans with non-paid robots, demonstrated its Digit humanoid robot that is able to sort through a pile of coloured T-shirts and place them in a basket - a laundry operation done by lots of paid humans.
Jobs at foreign firms in Zhōngguó drop to 14-year lows amid fears of further firings. The number of people employed by foreign companies in Zhōngguó fell 15 per cent last year, dipping below 10 million for first time since 2009.
Trump's immigration plans could cause much economic harm ... to the USA. Expelling noncitizens on a mass scale is likely to raise prices on goods and services and lower employment rates for U.S. workers, many economists say.
Nvidia readies Jetson Thor computers for humanoid robots in 2025. The company is targeting a fragmented market of robot makers who are trying to profit from replacing paid-humans with non-paid robots. Imagine taking a robot taxi to a restuarant with a robot valet and robot waitors and waitresses - [KM: well, imagine the profits for the robot companies].
Advance Auto Parts reported a third-quarter loss, slashed its full-year outlook, and announced plans to close 700 stores and distribution centers by summer 2025. The top automotive aftermarket parts provider for professionals and do-it-yourself consumers was pressured by soft demand for vehicle parts, as elevated inflation and broader economic pressures left fewer consumers repairing their vehicles.
Initial jobless claims drop to the lowest in 6 months. So PPI hot, and jobless claims at a fresh six month low - not the kind of data that The Fed doves want to see to justify another rate-cut.
The PPI unexpectedly prints higher than expected across the board. Bottom line: this is a long way from the Fed's mandated 2%, and it's moving in the wrong direction!
The labor shortage in Hong Kong will rise to 180,000 people by 2028 due to the city's rapidly aging population. By 2028, more than 2 million people, or 28 per cent of the population, will be aged 65 or above.
The NLRB rules that employers cannot hold mandatory anti-union meetings. The ruling, stemming from a complaint against Amazon, bars companies from compelling workers to attend meetings on the downsides of unionization.
Southwest Airlines is managing overstaffing issues at 20 airports by offering voluntary separation to ground operations, cargo, and provisioning employee. Part of the problem is delay of delivery of airplanes from the troubled Boeing.
A list of 400 large companies in the USA that employ (illegal) immigrants
Trump has murky plans for Social Security, raising fears of a public health crisis. Millions are barely scraping by on the program, which Trump seems determined to destroy to make the meek meeker.
With less workers compared to retirees, the Social Security program in the USA has become a Ponzi scheme. The Social Security trust fund is a figurative piggy bank that holds only IOUs issued by the Treasury to the Social Security Administration, not actual money.
School districts in the USA that spent Covid-19 subsidies on hiring teachers and administrators, now have to manage firing some of these people.
$11,250,000 -
The state of Illinois fines DoorDash $11,250,000 for stealing customer-paid tips from workers for DoorDash
CNN is reportedly firing on-air talent and hundreds of workers
Google's Waymo's non-human-driven robotaxis are now open to anyone who wants a taxi ride where they don't have to pay humans, [KM: but rather make billionaires richer]
23andMe fires 40% of its people, shuts drug development business. The genetics company is closing a unit that was once seen as core to its future.
A publisher in the Netherlands has announced that it will use non-human, non-paid AI to translate some of its books that were formerly translated by paid humans, [KM: the only real productivity in AI - getting rid of humans].
It is surprisingly easy to jailbreak poorly designed (in a rush for billions of dollars) LLM-driven robots. Researchers induced bots to ignore their safeguards without exception.
The Trump administration will be more hostile to unions. After gains by organized labor under President Biden, a second Trump administration is likely to change course on regulation and enforcement to make life more miserable for working people in union.
How non-human, non-paid, ChatGPT destroyed an online education giant, Chegg, that employed a lot of paid humans. Chegg's stock has dropped 99% as students looking for help with homework defect to non-human AI.
Employers at the Port of Montreal lock out dockworkers after a final offer is rejected. The dispute exacerbates the disruption to trade in Canada as a lockout at ports along the West Coast continues.
Using generative AI saves ad agencies a lot of time and money (that they don't have to pay to human workers). Should they still charge by the hour? Some ad agencies are trying to move to new compensation models that focus on the scope of work they perform, not the hours it takes for them to do it. A nice tactic, until their clients use the AI tools themselves, and eliminate the need not only for ad agency workers, but ad agency executives.
The Great Britain and USA, and Israel, have the highest percentage of full-time workers receiving low wages (less than 2/3 of gross median full-time earnings) - all three averaging about 23% of such low-paid people.
Americans have spent all of their savings from the Covid pandemic era. At the end of September 2024, Americans had collectively dis-saved $291 billion since March 2020.
The government of Deutschland collapses as mass strikes grind the economy to a halt
Continuing jobless claims jump to 3-year-highs
Nissan prepres to fire 9000 people and cut global production capacity by a fifth, while reducing its annual profit prediction by 70% to $975 million
Voters in Massachusetts approved a new law giving ride-hailing serf drivers the ability to form unions. The votes clear the way for drivers to bargain with transportation network companies, like the serf-masters Uber and Lyft, over wages, benefits and work conditions.
Stellantis to indefinitely lay off 1,100 workers at Jeep plant in Ohio
SAD: goodbye to the middle class in the USA: half of all workers in the USA earn less than $43,222 a year
Factories in France falter as the auto industry in Europe prepares for major firing of people. Factories produced fewer goods again in September, as the manufacturing sector in France suffers from high energy bills and tougher competition from Zhōngguó.
The woes continue for automakers in Europe, as Michelin and Schaeffler plan to fire thousands of people. Michelin and Schaeffler said they plan to close factories and cut thousands of jobs in Europe as car-part suppliers reel from weakness in the automotive sector.
The working poor in the USA are hurt by "weaker credit metrics and mixed confidence" as Black Friday shopping weekend nears
The strike at Boeing is over. Its business and financial problems are not over. The aerospace manufacturer and its new chief executive face a daunting to-do list, including improving quality and increasing production of its commercial planes.
A paralyzing strike ends at Boeing after workers ratify a new "life-changing" contract
Workers at Boeing approves a new contract, ending a costly strike. About 33,000 workers at the aerospace manufacturer had been on strike for nearly two months, having rejected two earlier contract offers.
Union workers at Boeing vote to end strike. Machinists are set to return to work after ratifying a contract with a 38% pay raise.
The richly-paid executives at AI search company Perplexity offer to help the New York Times replace striking piad-human tech workers with non-human, non-paid AI systems.
The richly-paid executives at Netflix are bullish on non-human, non-paid generative AI for developing video games after firing 35 human game developers
An "ugly" jobs report. Not only were just 12,000 jobs created, all of the jobs were in the public sector (government). Private payrolls dropped by 28,000.
Jobs shock: October payrolls huge miss as private jobs go negative for first time since 2020
12,000 jobs were added in the USA in October as storms sidelined workers. Gain of 100,000 was expected; jobless rate steady at 4.1%.
12,000 jobs were added in the USA in October as storms sidelined workers. Gain of 100,000 was expected; jobless rate steady at 4.1%.
Boeing makes another offer to end machinists strike. The company is offering a 38% wage increase over four years in its latest proposal. That is up from its original offer of 25%, which was overwhelmingly rejected by a union local representing machinists.
Shares of Aurora crash 17% after the startup that manufactures non-human-driverless trucks delays its commercial launch. Investors invested $500 million into the company in August.
The new electric Atlas humanoid robot manufactured by Boston Dynamics can autonomously move automobile parts between storage bins. With success, Boston Dyanmic will help many companies fire paid human workers and replace them with robots.
Shocking drop in job openings after massive downward revision; quits plunge to 8 year low. It appears the BLS goalseekers have finally given up trying to make the labor market appear stronger than it is.
Zhōngguó seeks a "birth-friendly society" with stimulus to increase births on the agenda. Subsidies and tax cuts are set to be rolled out as part of efforts to build a "birth-friendly society" amid the looming demographic crisis in Zhōngguó.
Starbucks threatens to fire employees who do not work in the office - just weeks after reportedly letting new CEO work from home
Unionized dockworkers and employers at a swath of ports in the USA set their first bargaining since a recent strike for after an election that could scramble the dynamics in negotiations
Researchers at MIT develop a faster, better way to train robots to handle general-purpose tasks and new skills, helping to more quickly eliminate more paid human jobs
A majority of people surveyed state that generative AI will further deepen economic equality - the rich get richer, the poor lose their jobs to AI. Unchecked growth and development of ever more capable large language AI models
The Biden Administration made a big investment in Intel. But will it be a failed investment? A plan to revive USA chip manufacturing rests partly on Intel, a company that is firing lots of people and delaying factories, even as the government pushes for the opposite.
The economic crisis of attacks on immigrants: the economy of the USA needs to import humans - we don't make them anymore.
Google's non-human-driving unit, Waymo, closes $5.6 billion funding round as the non-paid robotaxi race heats up in the USA. [KM: A lot of humans are going to have to lose their jobs for investors to obtain good returns.]
Non-human generative AI is replacing paid humans to handle the task of onboarding new employees, with the non-human AI processing hundreds of employees better (i.e., cheaper) and faster.
Sotheby's agrees to sell its first work credited to a humanoid robot using artificial intelligence, which could be sold for more than $120,000 at auction. The robot is owned/built by art gallery owner Aidan Mellor, an attempt to solve one financial drain for art galleries - having to pay human artists.
A radio station in Poland, Radio Krakow, has fired its human journalists and is relaunching the station by replacing the paid humans with non-human AI-generated "presenters" who don't have to be paid.
Workers at Boeing want their defined-benefit pension plan restarted (it was frozen 10 eyars ago). It will not happen - such pension plans are too expensive.
Why workers at Boeing rejected a new contract: retirement benefits. A large majority of more than 33,000 striking union members voted against a contract that included big raises but not the restoration of a frozen defined-benefits pension plan.
Shares of Boeing fall 4% after striking workers at Boeing voted 64% against new labor deal and will extend their six-week strike
Workers at Boeing resoundingly reject new contract and extend strike. The vote, hours after Boeing reported a $6.1 billion loss, will extend a nearly six-week-long strike at factories where the company makes its best-selling commercial plane.
Until recently, Boeing seemed insulated from any default risk but the continuing machinist union strike comes at a huge cost of about $1 billion in cash a month, and markets are worried.
Striking workers at Boeing voted 64% against new labor deal and will extend their six-week strike
Striking workers at Boeing voted 64% against new labor deal and will extend their six-week strike
Striking workers at Boeing voted 64% against new labor deal and will extend their six-week strike
Most of the states in the USA that refuse to have a state minimum wage higher than the federal minimum wage of a measily $7.50/hour - are in the 'Bible Belt' of southern states
20% of the households in the USA making over $150,000 live paycheck-to-paycheck
TGI Fridays may be the next restaurant chain to enter bankruptcy
Retail space is going fast and pushing out local shops. Small businesses struggle to compete with national chains as rents rise.
Profits at General Motors near a record high - with profits of $3.4 billion just in the 3rd quarter, a year after management argued that it could not afford to pay more money to the people working for GM
As Kamala Harris courts 'Sun Belt', housing costs stand in her way. Shuttered factories and trade deals helped turn working-class Midwesterners against Democrats. Will the high cost of housing do the same in the Sun Belt?
Empty tables and rising costs push more restaurants into bankruptcy. Red Lobster, Roti and other chains are closing locations as chapter 11 filings grow.
What a crackdown on immigration could mean for cheap milk. Undocumented labor quietly props up the entire American economy -- but nowhere more dramatically than on dairy farms. Dairy farms have rising production costs, while the price they obtain for their milk products doesn't change much. They need (undocumented) immigrant workers.
Looking for a woman in finance? After 200 years, there still are not many. In "She-Wolves", the historian Paulina Bren recounts the uphill -- and ongoing -- battle of women to break into the finance industry.
"They refused to let me quit my job" - workers in Nihon turn to resignation agencies to quit jobs. One in six workers has engaged a firm to hand in notice for them, as younger workers reject traditional work ethic.
A union representing striking machinists at Boeing said Saturday that members will vote Wednesday on a new contract deal that includes a 35% pay hike over four years that could end a more than month-old strike
The largest trade union in Nihon plans to seek a 5% pay increase for workers at next s annual wage negotiations, a move that would likely be welcome by the central bank.
In sports, American socialism is beating European capitalism. The more egalitarian, redistributive club competitions that exist in the USA are starting to be copied in Europe.
The 'Great Stay' (where companies are being very slow to hire, very slow to fire and job switching is also unusually slow) is preventing young workers from getting their first jobs.
According to a survey released Thursday by Bankrate, a financial analytics firm, 37 percent of American credit card holders have maxed out or nearly maxed out on their card limits since the Federal Reserve began raising interest rates in March 2022
What is 'killing' Disney, and Hollywood in general, is the rampant immaturity and laziness of its creative workers.
Facebook partners with Blumhouse Productions, the Hollywood company that produces popular horror films, to put its new generative AI video model Movie Gen to the test. If successful, Hollywood companies will be able to fire more people and use AI to generate movies/videos.
Airbus to shed 2,500 jobs in embattled defense and space division. The cuts come as the company battles with delays, increased costs and competition from the likes of SpaceX.
PPG Industries will fire 1800 people in the USA and Europe, and and close various facilities as part of a cost-reduction program, the paints and coatings maker said on Thursday
PPG to cut 1,800 jobs, shrink costs with sale of architectural-coatings business. PPG agreed to sell its architectural-coatings business in the USA and Canada to private-equity firm American Industrial Partners for $550 million, and outlined cost and job cuts.
For women working in Bharat, staying safe can feel like a full-time job. Taking steps to ward off a violent attack, and reassuring family members, is an invisible form of labor for women that is a central element of their work life.
Stellantis expands factory in Mexico to build more Ram pickup truck outside the USA. Such a move by the automaker would threaten its already-frayed relationship with the UAW.
Healthcare premiums are soaring even as inflation eases. Back-to-back years of increases in premiums have added to the average cost of family coverage, reaching roughly $25,500 this year for employers and workers.
Health costs and flat raises are set to squeeze paychecks. Insurance deductibles are on the rise as companies scale back how much they expect to pay workers.
Adobe said it has started publicly distributing an AI model that can generate video from text prompts, joining the growing field of companies trying to upend film and television production using generative artificial intelligence [KM: to eliminate as many human workers as possible]
Can the government convince people to have more babies? Nihon has been trying to boost its fertility rate for 30 years. Now the rest of the rich world is, too.
Unions defy their leadership with more "no" votes on new contracts. Fed up with inflation and seizing a moment of labor power, workers at Boeing, AT&T and Southwest reject deals negotiated by union bosses.
Private equity firms are now acquiring skilled trade small businesses. Private equity firms nationwide are acquiring home services companies, such as HVAC, plumbing, and electrical businesses, aiming to create larger, more profitable operations.
Why politicians in Bharat ignore abuses in the sugar industry of Bharat: they run the sugar industry. Politicians run most of the mills in the state of Maharashtra. They deny or downplay evidence of coerced hysterectomies, debt bondage and child labor in the fields.
From 2010 to 2019, Boeing spent an estimated $68 billion on executive-enriching and rich-people-enriching share repurchases and dividends, instead of improving quality and manufacturing at the company. Now, in 2024, ironically claiming it has no money, it is firing 17,000 people.
JPMorgan calls it: the economy of the USA has made a soft landing. The bank reported better-than-expected third-quarter results, a sign that the economy is chugging along as the Fed lowers interest rates.
Uber and Lyft have been locking New York City drivers out of their apps to avoid paying millions of dollars in pay, according to a report. he lockouts are an attempt to make Uber and Lyft drivers seem busier on paper -- which could save the companies nearly $30 million in pay by convincing the city not to raise a key portion of its minimum wage formula during its annual review.
Boeing to fire 10% of its people amid a strike, and delay production of the new 777X airplane. The plane maker plans to book $5 billion in charges on troubled programs and warns of a deeper quarterly loss amid machinists strike.
Shares of Tesla decline 6% after a boring debut of its yet-to-be-produced robotaxi, the Cybercab. Analysts noted "relatively limited details on the robotaxi business plan", and not too many details on its Optimus humanoid robot. Analysts need to see how Tesla will profit [KM: from replacing paid humans with its machines].
Increase in jobless claims reignites the risks of a recession. The percentage of US states with claims rising significantly on an annual basis is back above a level that has been associated with previous recessions.
[KM: To truly earn billions replacing human beings,] OpenAI needs another $25 billion of investments. An IPO? Is the public markets willing to tolerate a massively money-losing company?
Boeing and its workers dig in for a long fight, despite the cost of a strike. Nearly a month into a union walkout, the aerospace giant withdrew its latest contract offer, and the two sides exchanged blame over the breakdown.
The financial woes of Volkswagen reflect a stagnant economy in Germany. The largest automaker in Deutschland rode a wave of strong sales for years, but lagging demand and pressure from Zhōngguó are forcing it to consider layoffs.
Baidu seeks to profit from taking jobs from humans, by launching its robotaxi service outside of Zhōngguó. The internet company Baidu has been seeking new growth engines in fields such as non-human-driving technology as its core advertising business has slowed in recent years. [KM: New profits to be found taking jobs from humans.]
Boeing rejects a contract offer with its union as the SP500 warns about potential negative credit rating due to a prolonged strike
I am a doctor. ChatGPT's bedside manner is better than mine. I see my job security "going out the window". These programs are good on the technical side of medicine (symptoms and diseases), but are developing a good bedside manner with patients.
In the countryside of Nihon, century-old companies learn to embrace foreign workers. The regional economies of Nihon are facing severe labor shortages. Their survival depends on their ability to persuade foreign workers to stay.
The battle over robots and automation at ports in the USA is on. Striking dockworkers are back to work -- but disagreement over automation stands in the way of lasting peace.
At a warehouse in Brooklyn, robots are reshaping the grocery-delivery business. A pilot program at Save A Lot, a discount grocer, at their fulfillment center, is using robots to help complete orders - eliminating the need for paid humans, and according to the company behind the tech, keep grocery bills down (or corporate profits up).
Three of the four fastest growing number of jobs in the USA are also the lowest paid: home/personal health care aides, restaurant cooks, and fast food workers
Star TV anchors are on notice: you are not getting a raise. Rampant cost-cutting across a media industry struggling to transition to the streaming era is finally coming for the high-paid performers.
How bad are ports in the USA? The best port in the USA is 53rd worldwide. The dockworkers union won a 62% pay raise thanks to President Biden, but it still opposes any automation.
Young people in Zhōngguó are pessimistic about prospects as new college graduates flood grim job market. The youth unemployment rate in Zhōngguó rises further as a record 11.79 million graduates look for work, forcing many to adjust expectations.
Meta unveils instant AI video generator that adds sounds. The tech giant is among the many companies building technology that could remake Hollywood (by allowing entertainment companies to fire more human video producers) -- and help spread disinformation.
This will be your new favorite podcast. The hosts are not human. With this Google tool, you can now listen to a show about any topic you could possibly imagine.
Waymo and Hyundai team up [KM: to help people lose their jobs], as the Waymo chooses the Hyundai Ioniq 5 vehicle for its new fleet of non-paid robotaxis, taxis that don't need paid human drivers
Amazon has shut down three more stores featuring its Just Walk Out technology, but the company says it remains committed to building out that technology as an offering for third-party merchants [KM: to help them eliminate more human workers].
Stellantis Chief Financial Officer Natalie Knight has informed her team of white collar workers about the need to take "drastic measures" to shore up the Jeep and Ram parent's finances
The dockworkers were just the start: other unions will now strike, expecting 62% wage increases
Traders canceled their investments/bets on the pace of future Federal Reserve interest-rate cuts after September US employment data blew past estimates and signaled a robust hiring trend.
Blowout payrolls: September's 254,000 new jobs soar above highest estimate, unemployment rate drops and wages spike. And there you have it: another policy error by the Fed when it raised rates by 0.5%.
Employers in the USA add 254,000 jobs in September, surpassing expectations. The labor market bounced back in September, a sign that economic growth remained solid. The unemployment rate fell to 4.1 percent. Job growth was broad: Health care employment boomed, as did leisure and hospitality; the construction and retail sectors also added a significant number of jobs. Manufacturing was the only major sector to lose jobs.
10-year Treasury bond yields soar after jobs report blows past expectations, rising 0.09%, with 2-year yields up 0.14%.
Factory workers are dying because machines are not being turned off. Employees get caught in machinery that is not powered down during maintenance; 'lockout' regulations are frequently ignored in busy factories.
Port workers in the USA agree to end strike after accepting a 62% wage increase over six years
Port strike ends as workers agree to tentative deal on wages and contract extension
On the heels of a 53.4% YoY rise in job cut announcements (privately released by Challenger, Gray, & Christmas), initial jobless claims released by the government remain in a world of their own, rising very modestly to 225,000 from 219,000.
The wage gap for Latin American women in the USA widens to $1.3 million for full-time and part-time workers. Latinas working full time, year-round were typically paid just 58 cents for every dollar paid to white, non-Hispanic men.
Truckers see ports turn into ghost towns, and worry about their future. The strike by longshoremen has halted commerce at Newark and other ports on the East and Gulf Coasts, affecting an ecosystem of supply-chain workers.
President Biden scolds ocean carriers for not paying dockworkers "fair wages"
Daron Acemoglu, an economist and professor at MIT, argues that AI can only replace 5% of humans at work, which he predicts will cause a stock market crash as corporate earnings don't increase for overzealous companies that have invested billions into the technology. "A lot of money is being wasted. You are not going o get an economic revolution out of that 5%."
The ADP employment report shows strong rebound in jobs after a five month slowdown. So how will The Fed explain their next interest rate reduction if jobs are re-accelerating?
500 Starbucks locations have voted to unionize as labor talks continue
USA manufacturing surveys signal stagnation, and weak employment. "Factories reported the largest monthly drop in production for 15 months in response to a slump in new orders, in turn driving further reductions in employment."
Dilution fears: Boeing considers selling $10 billion in new shares of stock as strikes strain liquidity
33,000 Boeing workers lose health care coverage
The striking union at Boeing asks the CEO to "truly engage" after workers' health coverage is reduced
As union dockworkers began striking against employers at East and Gulf Coast ports early Tuesday morning, reports of panic-buying at supermarkets almost immediately started spreading across social media.
Dockworkers launch strike at ports from Maine to Texas. Retailers say they can weather a short shutdown but prices are likely to rise and shortages might grow in a prolonged walkout, though billions of dollars of products will be stranded at the ports.
Dockworkers launch strike at ports from Maine to Texas. Retailers say they can weather a short shutdown but prices are likely to rise and shortages might grow in a prolonged walkout, though billions of dollars of products will be stranded at the ports.
US port strikes erupt, first shutdown in 50 years sparks fears of supply chain crisis
US port strikes erupt, first shutdown in 50 years sparks fears of supply chain crisis
Beneath the potential strike at ports in the USA: tensions over innovation eliminating the need for paid-humans. Port operators have long embraced automation to replace 'expensive' people, while dockworkers view it as a threat to their livelihoods and families.
Young men in the USA are falling even further behind. Men in their 20s and early 30s are much more likely than their female peers to live with their parents, and many say they feel aimless and isolated.
How Trump stirred up racial hatred in Charlerio, Pennsylvania, where a lot of immigrants from Haiti had calmly settled and helped revitalize its struggling economy. Trump's racist rhetoric encouraged disgruntled racists in the town to cause trouble.
AI avatars are now doing job interviews - [KM: allowing more humans to be fired for human resource departments]
A $5 billion per day nightmare looms amid rising risk of paralyzing port strikes in the East Coast of the USA
[KM: To hasten the elimination of humans in the film industry], AI startup Runway (one investor is Nvidia) says that it is giving filmmakers up to $1 million if they use AI to make their movies
Disney layoffs reportedly underway as several hundred white-collar workers will be fired. Disney's workforce peaked at around 220,000 in 2019 and has since been steadily dropping, with the latest figure at 170,000 by the end of 2023.
Software developers gaining little (if anything) from AI coding assistants
Initial jobless claims drop back near multi-decade lows - a sign of a healthy economy, a week after the Fed slashed interest rates by 0.5% because it thinks the economy is ... not healthy
Final Q2 GDP beats estimates on inventory, government boosts; second half 2023 GDP revised lower. Second half of 2023 was indeed revised lower, but the revisions were not as drastic as Goldman expected.
First jobs, now the economy: the USA GDP is set for a huge downward revision in Thursday's report. Why does the government never revise up the numbers for jobs and GDP? Is it "thou shalt not" lying?
Does the Gen Z "doom spending" trend explain why retail sales haven't collapsed yet? Almost 30% of the US consumer population has no plans to prepare for the future and is incapable of mentally adapting to sour financial conditions.
High nonresponse rate for job surveys may affect quality of monthly jobs reports. "In recent years, it has become more difficult for Census interviewers to reach respondents."
Life in the USA for immigrants from Haiti that are being attacked by racists: working jobs that no other Americans want, and sleeping on the floor. While meatpacking giant JBS found workers, while new employees found grim living conditions "worse than being in jail".
A looming East Coast port strike could shake the economy. Businesses are preparing for a strike by dockworkers on the East and Gulf Coasts, which could begin October 1 if negotiations do not yield a new contract.
The shutdown of a Boar's Head plant deals a hard blow to a battered corner of Virginia in Greensville County. A decadeslong decline in manufacturing in rural, southern Virginia will make it all the more difficult for hundreds of laid-off factory workers.
As IBM pushes for more automation, its AI simply not up to the job of replacing poeple. IBM's plan to replace thousands of people with AI presently looks more like outsourcing jobs to Bharat, at the expense of organizational competency.
Unions at Boeing reject the company's "best and final offer" to end the strike
A shortfall in young engineers threatens nuclear renaissance. Despite a rising demand for clean energy, not enough young people are entering the atomic industry.
"The biggest wild card in the presidential election": just days left until a crippling port strike paralyzes the East Coast
Volkswagen might have to fire up to 30,000 workers in Deutschland as it suffers from selling fewer automobiles
Youth unemployment in Zhōngguó rises to a new high as fresh college graduates flood the job market
Looming insurance crisis threatens taxis and Uber vheicles in New York City. American Transit, the largest insurer of the city's for-hire vehicles, is insolvent. Its collapse could create a crisis that would take thousands of cars out of service.
Jobs at technology companies are disappearing and are not returning soon. Employment for software engineers has cooled as resources shift toward developing artificial intelligence, AI developed in part by the non-unemployed software engineers. AI companies need profits from getting engineers fired to justify their [KM: socially criminal] valuations.
A filmmaker in Bharat, Ram Gopal Varma, announces he is abandoning the use of human musicians for AI-generated music. He welcomes a future with no musicians who are human, [KM: the goal of billion dollar AI corporations]. But with no jobs, who are going to buy their AI products?
The strike at Boeing by 33,000 members of the International Association of Machinists union, which reaches its seventh day today, has already cost the company and workers $572 million
IBM has been firing thousands of people, while trying to make sure no one notices. "Unlike traditional layoffs, this one was done in secret. My manager told me that they were required to sign an NDA not to talk about the specifics."
Lions Gate Entertainment, the entertainment company behind "The Hunger Games" and "Twilight" plans to start using generative AI in the creation of its new movies and TV shows, a sign of the emerging technology's advance in Hollywood that will allow more paid-humans to be replaced by non-paid computers
Cisco in August fired 5,600 people, after firing 4,000 people in February
BlackRock and Microsoft partner on a massive new AI infrastructure fund. The Global AI Infrastructure Investment Partnership will seek to raise $30 billion to invest in data centers and infrastructure. Where will the profits come to obtain a return on this $30 billion investment, other than through the firing of humans. [KM: And how much socialist subsidies (consumers paying in part for the power) will this partnership of billion dollar companies rely on?]a
The economics of the Trump's and Vance's attacks on immigrants in Springfield, Ohio: immigrants are revitalizing American cities, including American cities controlled by Republicans
Cowardly major corporations abandon an LGBTQ+ rights report card after facing attacks by activists
The Federal Reserve is poised to lower interest rates this week. Recent jobs data have been a reminder that a soft landing is not yet assured.
Zhōngguó is joining the global push towards raising the retirement age. The new thresholds approved by legislators last week, however, continue to grasp at a utopian idea of ageing that is not compatible with the shrinking workforce in the People's Republic.
Last week, Zhōngguó announced plans to gradually raise retirement ages by up to five years by 2040, starting from January. Contributions to pension funds are needed from richer provinces to help the three northeastern rust-belt provinces of Liaoning, Jilin and Heilongjiang, where ageing rates have been among the nation's highest, pension fund shortfalls present a long-term vulnerability.
New algorithm helps enhance AI LLM models to collaborate for smarter, more efficient solutions, [KM: creating more opportunities to fire paid-humans from their decision-making jobs]
The workers' strike at Boeing could cause financial chaos across its network of 10,000+ suppliers around the world, as with Boeing having "significant spending reductions" imminent, which could trigger layoffs and disruptions across its supplier network.
The strike could cost Boeing more than $1 billion. But that could be the least of its problems. Boeing has a long way back to profitability, no matter how long the strike lasts. Forunately, it can double its employees' salaries and not be affected much. Most of its costs are for parts from suppliers.
Boeing strike: bosses bruised, blindsided and on brink of crisis
Hundreds of Amazon delivery drivers at a facility in Queens, New York, have moved to join the Teamsters union. Drivers at the facility, known as DBK4, have called for consistent schedules, properly maintained delivery trucks and reasonable workloads, the union said, if Bezo wants more billions of dollars he doesn't need..
Boeing freezes hiring in sweeping cost cuts as it grapples with factory worker strike
Shares of Intel are up 6% post-market, after the CEO reveals a new deal with Amazon Web Services, plant delays in Poland and Germany, and firing 15,000 people by year-end
Shares of Intel are up 6% post-market, after the CEO reveals a new deal with Amazon Web Services, plant delays in Poland and Germany, and firing 15,000 people by year-end
The Islamic regions of the Arab states and North Africa suffer the worst levels of youth unemployment in the world. While the world average is around 13%, in North Africa it is 23% and 28% in the Arab states.
Layoffs are few. So why are jobs harder to find? Past economic cycles show that unemployment starts to tick up ahead of a recession, with wide-scale layoffs coming only later.
Interest rates in the USA are too high. The Fed should reduce by 0.5%. With rates so far from 'neutral', and the labor market cooling, it is better to start with a reduction of 0.50% instead of 0.25%.
It is too close to the election for the Fed to reduce interest rates. There is a reason why the central bank almost never makes changes in the final months of a campaign.
Americans are falling behind on the paying of their bills. Wall Street is alarmed. Lenders are seeing a rise in late payments on credit cards and auto loans.
The strike by machinists at Boeing adds cash crunch to the new CEO's rescue mission. Ratings firms are warning that a prolonged work stoppage could sink Boeing's debt into junk status.
Trump's proposal to end taxes on overtime pay could cost billions. The former president left many key details about the overtime plan unaddressed, including whether the exception would apply to the payroll taxes that fund Social Security and Medicare.
In Zhōngguó, dejected social media users are calling "garbage time" about the ailing economy in Zhōngguó. The sports term refers to a time during a game when defeat becomes inevitable. Officialdom is warning against using it to take veiled jabs at the pollitical and economic system of Zhōngguó.
Zhōngguó raises retirement age for the first time since the 1950s. The move, made in the hope of addressing an aging population, was decidedly unpopular. It will be phased in gradually, starting on Jan. 1, 2025. The retirement age for men, previously 60, will increase in increments of several months before finally reaching 63 by 2040. The retirement age for women in white-collar jobs, previously 55, will rise to 58. Women in blue-collar jobs, who previously could retire at 50, will have to work until 55.
Moody's threatens bonds issued by Boeing with a downgrade to 'junk' status, as a strike halts 737 production
Workers at Boeing walk off the job in first strike since 2008. Thousands of workers who build commercial planes in the Seattle and Portland, Ore., areas rejected a tentative contract recommended by union leaders. The last Boeing strike, in 2008, lasted 50 days; the contract that ended the dispute has been extended twice. If the current strike lasts about as long, it will cost Boeing at least $3 billion.
OpenAI's fund-raising talks could value company at $150 billion. The San Francisco start-up hopes to raise $6.5 billion as part of an aggressive push for more investment. [KM: How many humans will have to lose their jobs to create the earnings needed to justify this bubble valuation?]
Wall Street is curbing the working hours of young bankers after overwork outcry. JPMorgan is adding an 80-hour weekly cap and Bank of America is revamping timekeeping after a Wall Street Journal investigation highlighted investment work-obsessed culture at banks.
Verizon Communications will book a third-quarter severance charge of up to $1.4 billion after roughly 4,800 employees accepted a buyout offer
Amazon boosts pay for its drivers following threats to unionize. Amazon says it is investing about $2 billion into its delivery services program that will boost average driver pay to nearly $22 an hour.
The gap between the unemployment rate and unadjusted claims continues to widen, so how can The Fed cut rates with near-record-low initial jobless claims prints?
The ECB reduces interest rates by 0.25% to 3.50% (as expected); projects worsening stagflation.
The ECB reduces interest rates by 0.25% to 3.50% (as expected); projects worsening stagflation.
American Airlines flight attendants ratify new contract with immediate raises topping 20%
Will automation replace jobs? Port workers may strike over it. A contract covering longshore workers on the East and Gulf Coasts will expire at the end of September, but talks have been stalled over the use of equipment that can function without paid-human operators.
Making steel more environmentally-friendly at the largest steel plant in Britain comes with heavy job losses. The British government and Tata of Bharat said they would invest 1.25 billion pounds in a plan to convert the steel mill at Port Talbot in Wales to an electric furnace. As part of the overhaul, about 2,800 people of the company's 8,000 steel wortkers in Britain will be fired over time.
PwC is firing 1,800 people in first formal cuts since 2009. The Big Four accounting firm is in the process of cutting employees primarily in its U.S. advisory and products and technology operations.
McDonald's rolls out self-serve cash kiosks that could make eliminate the need for paid-human cashiers. Existing kiosks can handle credit cards, not cash. The new kiosks can handle cash, eliminating the need for people to be paid. Taco Bell and Panera have used similar self-order screens at their restaurants. [KM: Anything to make the rich richer.]
Samsung is firing up to 30% of its people working overseas in some divisions. Samsung, based in South Korea, has instructed subsidiaries worldwide to fire about to 15% of their people in sales and marketing, and fire up to 30% of their people in the administrative staff, two of the sources said.
Retailers and manufacturers are seeking to mitigate a potentially multibillion-dollar hit if members of the International Longshoreman's Association go on strike beginning October 1 at 13 of the major East Coast and Gulf Coast ports in the USA.
Human-driverless semi-trailer trucks could be a reality soon. Two startups working to bring driverless technology to long-haul trucking, [KM: and thus two dedicated startups working to destroy some jobs for humans].
Volkswagen and Deutschland were great economics for each other. Now they are not. Both the carmaker and its home country are suffering from high costs, eroding tech leadership and a reliance on Zhōngguó.
A strike by people working at Boeing is looking more likely. The union president expects workers to reject contract offer.
Google's Waymo's non-paid robo-taxis are almost ready to replace paid-human beings. Can they now turn a profit? Now that its technology is showing it can replace human drivers on city streets, Google, which owns Waymo, plans to invest billions more - [KM: profiting by elimnating the need for humans earning a living].
$3,000,000 -
The SEC fines seven companies for violations of whistleblower-protections rules. Companies will pay a combined $3 million over employment agreements and separation releases with language that could deter whistleblowers from coming forward.
In a "last hurrah", credit card debt unexpectedly soars in the USA despite record high APR rates for credit cards, as savings rate hits record low. It is difficult to see how the US consumer pretends that all is well after this.
Inflation expectations rise over medium-term as delinquency fears unexpectedly hit 4 year high. Americans continue to grow more concerned about their ability to keep up with debt payments, even as inflation expectations over the next 3 years rebounded.
MidWest Transport, a trucking company in Illinois with 480 people driving their trucks, abruptly ceases operations. The company was known to have a bit of a problem with safety issues.
Big Lots, a discount retailer with 1,400 stores in the SUA, files for bankruptcy as stock loses 50% of its value, having lost 50% of its value as well last week
Shares of Boeing rise 4% on "historic contract offer" with its union, potentially averting a crippling strike
Boeing reaches deal with biggest union in effort to avoid strike. The jet maker agreed to increase wages by 25% for its largest union in a four-year pact aimed at preventing a crippling strike.
IT unemployment rises to 6% amid overall jobs growth in the USA. AI and general streamlining efforts leave tech workers in a tough labor market. Joblessness for IT workers is at its worst since the dot-com bubble burst in the early 2000s.
Nurses win a bigger role as doctors strike in South Korea. As hospitals struggle from a monthslong walkout, nurses have picked up some of the slack. A new law gives them more responsibilities and, they say, greater recognition.
Great replacement job shock: 1.3 million native-born Americans just lost their jobs, replaced by 635,000 immigrants
Social Security is facing $63 trillion in long-term unfunded liabilities, and about a $23 trillion shortage for the next 75 years. OASDI trustees noted that the shortfall could be eliminated if the combined payroll tax rate was raised to "about 17.0 percent" or if there was "a permanent reduction in benefits for all current and future beneficiaries by about 26.5 percent".
Gwyneth Paltrow's Goop slashing 18% of workforce to focus on beauty products
The jobs report in August for USA dashes hopes for a big interest-rate reduction by the Fed
Hiring softened this summer, making it more probable the Fed will reduce interest rates. Job growth in the USA rebounded slightly in August after a midsummer scare, but a mixed reading provided little clarity as to how aggressively the Federal Reserve will begin cutting interest rates.
For the Fed, a sign that the job market is cooling but not cracking
June payrolls miss but unemployment rate declines, pulling back from "Sahm recession" trigger as wages unexpectedly rise
The USA added 142,000 jobs in august, below expectations. The labor market may have shifted into lower gear last month, with a second weaker-than-expected jobs report. The unemployment rate dropped to 4.2 percent.
Hiring improved a bit in August with 142,000 jobs added. Report offers little clarity on size of expected Fed interest rate reduction.
The hot labor market has melted away. Just ask new college grads. Unemployment is still low, but job seekers are competing for fewer openings, and hiring is sluggish. That is a big turnaround from recent years.
America is pumping so much oil that prices of gasoline could be below $3 in the next three months
USA services surveys confirm "baffle 'em with bull$hit" season is back. New orders improve, employment worsen and prices paid rise.
Jobless claims data refuses to accept the 'hard economic landing' scenario. Unadjusted initial claims are at their lowest in 10 months.
Job openings fall to lowest level since January 2021
ADP employment report is the weakest since January 2021. That is also the fifth straight monthly decline in the ADP employment report's jobs addition.
Lyft to fire people to reduce the size of its bikes and scooters division. Lyft said it is further firing people in a new wave of layoffs as it eliminates dockless bikes and scooters from the business.
While the number of construction job openings are down 50% in just 6 months, the number of residential building construction jobs is the highest on record. Are the number of existing construction jobs about to crash to maintain the correlation?
Catastrophic JOLT: job openings crater to lowest since 2021 as data manipulation fails. The Department of Labor appears to have given up manipulating the labor market data.
Immigrants from Haiti are revitalizing the town of Springfield, Obio. But a few crimes committed is an evil excuse for the J.D. Vance to stir up racial hatred to appeal to white votes. A tactic that always works, is always evil.
Rise of the pint-size startup is reshaping the economy of the USA. The number of employees at companies launched since the pandemic is sharply lower, reflecting broader trends in the way people work.
Immigrants from Zhōngguó flock to Mexico in search of jobs, more freedom or better financial prospects at a time when the economy of Zhōngguó has slowed, youth unemployment rates remain high and its relations with the USA and its allies have soured.
Persistent economic pressures, and changing consumer habits, send more restaurants into bankruptcy. "Consumers who dine at lower-end restaurants are the ones who will stop dining out first."
Why thousands of hotel workers are on strike. Pandemic-era cuts to staffing and services like daily housekeeping and room service have persisted, which unions say has resulted in lower incomes and heavier workloads for remaining workers.
Worked very hard, doctors in Bharat fear for their safety too. Grueling shifts, abuse from the public and subpar security are nothing new to medical workers in Bharat, where a ghastly killing has put a spotlight on their plight.
Hotel strikes by workers during Labor Day weekend reflect the frustrations of a workforce largely made up of women of color. The strikes targeting Marriott, Hilton and Hyatt hotels were set to last one to three days.
Strikes start at top hotel chains in the USA as housekeepers seek higher wages and daily room cleaning work. Unionized housekeepers, however, have waged a fierce fight to restore automatic daily room cleaning at major hotel chains, saying they have been saddled with unmanageable workloads, or in many cases, fewer hours and a decline in income.
The report card on guaranteed income is still incomplete. A three-year analysis of unconditional cash stipends concluded that the initiative has had some success, but not the transformational impact its proponents hoped for.
For two-job workers, there is not enough hours in a day to stay afloat. The job market is softening, but more Americans are holding down multiple jobs. That speaks to both rising living costs and a bountiful market for gig-economy work.
Threat of strikes this fall threatens operations at ports in the USA. Officials at the dockworkers' union will meet next week to discuss walkout plans at ports from Maine to Texas if demands for a 77% wage increase are not met.
Workers in Nihon cannot quit their jobs. They hire resignation experts to help.
Offices in Zhōngguó are now emptier than during the peak of Covid lockdowns as the economy declines
SAD: the majority of people in the USA can no longer afford an average house
The hotelification of offices, with signature scents and saltwater spas. Hoping to lure workers back to their desks, companies are designing 'work resorts', deluxe spaces meant to compete with the comforts and versatility of their living room.
Bosses are finding ways to pay workers less. After a tumble in pay for white-collar job openings, wages for new hires in many blue-collar sectors are now falling.
Amazon loses bid to overturn union loss. The National Labor Relations Board denied the request from Amazon to overturn the results of a 2022 election in which workers voted to unionize a Staten Island warehouse.
Initial jobless claims drop again as labor market sends mixed signals. Almost as if one hand of the Dept of Labor (initial claims reports) is unaware of what the other hand (Payrolls and especially revisions) is doing.
Republican Senator Rick Scott on Wednesday asked Intel CEO Pat Gelsinger for more details on Intel's plans to fire more than 15,000 people despite being set to receive nearly $20 billion in socialist grants and loans to boost chip production.
A time bomb is threatening economies across Asia. Double-digit unemployment is holding back tens of millions of young people, raising urgent questions for a swath of fast-growing nations.
How to best prepare for the AI jobs apocalypse. Right now, unemployment is rising, while corporate profits are also soaring. That is unusual - unless. It tells us that companies are using non-paid AI to fire people -- to boost profits [KM: to make executives and rich shareholders richer].
Higher prices, lower turnover, more workers: the reality of California's $20 fast-food minimum wage. Since increasing the state's fast-food minimum wage from $15.50 to $20, California has added more fast-food jobs.
Klarna, the buy-now-pay-later service company, plans to fire half of its people by using AI
Klarna, the buy-now-pay-later service company, plans to fire half of its people by using AI
Conference Board survey signals weakest labor market since Covid lockdowns, snd purchase plans for homes, cars, and appliances all plunged.
Why Nippon Steel's $15 billion takeover of US Steel is in peril. The proposed merger of these two industrial giants, which proponents say would benefit both countries, is ensnared by political and labor opposition.
IBM eliminates its R&D division in Zhōngguó, and will fire 1000 people
Luxembourg and Finland (and France, Sweden, Denmark) offer their workers the most 'paid time off', while the USA, Nihon and Zhōngguó offer not much paid-time off from work.
The National Labor Relations Board in the USA has determined that a union's claims that Chipotle Mexican Grill illegally refused to give raises to workers at a Michigan restaurant after they became the first and only employees of the fast-casual chain to unionize have merit
If grocery rivals merge , do workers suffer? As Kroger seeks to acquire Albertsons, federal regulators argue that the biggest supermarket combination in history will hurt not only consumers, but workers as well.
The social recession is accelerating. Did wages rise 10-fold to match the 10-fold rise in the cost of a modest house? No! That is a social recession in a nutshell.
A non-paid robot - not a paid human - in downtown Boston can paint your nails in 10 minutes for $10. Clockwork's fully autonomous manicure machine is one sign of the misanthropic wave of automation coming for many parts of working society
The farm workers union battles a grower in California owned by Democratic donors. Wonderful Nurseries, owned by Stewart and Lynda Resnick, has sued the state to overturn a labor organizing law championed by the United Farm Workers.
Fast-food restaurants fight to keep cusomters, as food and wage costs spike
"A lot of us are gone". How the push to diversify a somewhat-racist publishing industry fell short. Lisa Lucas was among the big hires meant to shake up the industry. Her departure, alongside other prominent Black editors and executives, has led some to question the pledge of publishers to diversify, to make the industry less racist.
The government of Canada orders arbitration and end to rail freight shutdown
Later in the day, the government of Canada forces the rail lockout to end
Railroads in Canada lock out 9,000 employees as labor talks break down. The government of Canada has declined to intervene in a labor conflict that threatens to stanch cross-border trade and upend supply chains in North America.
Freight rail in Caanda shuts down as labor talks collapse: strike declared, as "members head to picket lines"
A dovish Fed on interest rates, and a dismal job-revisions (adjusted down 800,000) send bonds, big-tech, bitcoin, and gold bullion higher
Minutes of the Fed FOMC show the "vast majority" can agree with an interest rate reduction in September
Minutes of the Fed FOMC show the "vast majority" can agree with an interest rate reduction in September
Revision of USA jobs data, down 818,000 jobs, is the second worst revision in USA history, and an election year shocker
War is draining the male-dominated work force of Ukraine. Enter the women. More and more women are replacing men mobilized in the army. But there are not enough of them to make up for the labor shortage affecting the economy.
Judges in Mexico vote to strike, opposing an overhaul of the legal system. The outgoing president of Mexico wants judges elected, not appointed. Court workers have already walked out to protest his plan, which critics call a power grab.
A nation of workaholics has a new fixation: working less. Fresh statistics are blowing a hole in the reputation of Deutschland for hard work as a new generation discovers the joys of taking it easy.
The growing support for autonomous driving in Zhōngguó is giving robotaxi pioneers a leg up in some of the biggest cities in Zhōngguó. Soon, these companies in Zhōngguó could be global leaders in a market potentially worth more than $100 billion, throwing millions of people out of work in a world where unemployment is a huge problem for the non-rich.
Zhōngguó on the verge: welfare state crumbles, explosion in social unrest as youth unemployment soars, strikes surge. "The uptick in strikes is a reflection of the increasing social pressure as the economy struggles to improve."
Industry groups in Canada urge Prime Minister Trudeau to 'take action' as inflation-reigniting rail-strike looms
A deadly fire exposes the plight of low-paid migrants inl wealthy Islamic Kuwait. After the blaze killed 49 migrant workers, a government crackdown focused on building violations -- bypassing deeper problems that leave migrants with low wages and unsafe housing across the oil-rich Islamic Gulf.
General Motors reverses its Covid-pandemic hiring spree by firing 1000 people working in technology jobs
General Motors reverses its Covid-pandemic hiring spree by firing 1000 people working in technology jobs
Youth unemployment on the rise in Zhōngguó as more graduates enter the labor market. Joblessness among 16- to 24-year-olds reaches a high under revised calculation system that excludes students.
A three-day strike at BHP's massive Escondida copper mine in Chile was halted on Friday after management and a large union reached a deal, the miner said, easing concerns about a hit to global supplies of the metal
Can the Fed reduce interest rates with non-seasonally-adjusted jobless claims near record multi-decade lows?
In a world where companies are trading the work of talented artists for generative AI, many players have started to wonder if and when such a change will happen for "Magic: The Gathering".
Cisco will fire 7% of its people, over 5000 people fired, after it eported its third straight quarter of declining revenue - but a yearly profit of $10.3 billion, wrapping up its first full fiscal year drop since 2020.
Cisco will fire 7% of its people, over 5000 people fired, after it eported its third straight quarter of declining revenue, wrapping up its first full fiscal year drop since 2020.
Paramount (parent company of CBS, Nickelodeon and MTV), will fire thousands of people, 15% of its employees in the USA, ahead of its merger next year with the Hollywood studio Skydance.
The United Auto Workers has filed federal labor charges alleging former President Trump and Elon Musk attempted to "intimidate and threaten" workers during their Monday evening interview on the social platform Twitter/X.
The United Auto Workers has filed federal labor charges alleging former President Trump and Elon Musk attempted to "intimidate and threaten" workers during their Monday evening interview on the social platform Twitter/X.
Wage negotiations at the Escondida copper mine run by BHP Group in northern Chile ended without agreement, triggering a walkout at an operation that accounts for roughly 5% of global mined copper supply
Mining giant BHP said on Tuesday that it had started removing workers on strike at its Escondida copper mine in Chile, deepening tensions at the site after a powerful union rejected the company's latest invitation for talks on pay. London-listed shares of BHP and copper prices each fell less than 1% on Tuesday.
Workers at BHP's Escondida mine in Chile began a strike Tuesday after failing to reach a wage agreement with management, setting the stage for a major disruption at the biggest copper operation in the world
Cheaper services reduce US Producer Price gains in July
The Heritage Institute's "Projest 2025" plan to destroy checks and balances harms American workers, a plan supported by Trump and the rich people who supprot him. The new authoritarian playbook would devastate American workers in many ways.
Labor talks at major East Coast and Gulf Coast ports in the USA are "very far apart" as potential paralyzing strike looms
Credit-card and auto-loan delinquencies surged in the second quarter
"Travel trends deteriorating", as consumer downtown worsens. "Consumers have less disposable income available and less capacity to do anything, including travel."
Biggest shakeup in a century set to hit real estate agents this week, as they no longer will be able to require homesellers to pay fixed commissions to both the buyer's and seller's agents, in the past a 6% commission
People in half of the countries in the OECD earn less now than pre-Covid pandemic. People in the US, Canada, Japan, Australia and many European countries now have less money at their disposal than roughly four years ago.
What to know about online paycheck advances and why they face scrutiny. The Consumer Financial Protection Bureau has proposed a rule that would treat the offerings as loans, requiring the providers to disclose their charges as interest rates.
Zhōngguó wants to raise its retirement age. A pension crisis looms. Officials in Zhōngguó did not provide details on the proposal. But it still created a firestorm on local social media.
Cisco plans to fire thousands of people in a second round of layoffs. These cuts could be similar in scale to the 4,000 people fired in February and may be announced as early as next Wednesday.
Yields on 10-year Treasury Bonds rise back above 3.98%, after Wall Street assessed weekly jobless claims data that came in below expectations, and allayed some concerns of a weakening labor market
Weekly initial claims for unemployment insurance fall to 233,000, less than expected, in a positive sign for labor market
Will the latest AI systems kill meaningless jobs? And is that so bad? A quarter of the work force in rich countries sees their jobs as potentially pointless, according to a study by two Dutch economists. A recent estimate by Goldman Sachs found that generative A.I. could eventually automate activities that amount to the equivalent of some 300 million full-time jobs globally - many of these in office roles like administrators and middle managers.
After a pay boom, raises are shrinking. Workers have lost much of the leverage that let them command bigger paychecks in recent years.
Axios announced on Tuesday that it would lay off about 50 employees, or roughly 10 percent of the company
KKR founders sued for allegedly getting giant payday for no work. The lawsuit adds to legal scrutiny of arcane tax deals benefiting private-equity executives.
China Evergrande aims to recover $6 billion from executives and others. The heavily indebted real estate developer in Zhōngguó said it is seeking to claw-back the money from seven individuals, including founder Hui Ka Yan, his ex-wife, a former chief executive and a former chief financial officer.
Artificial intelligence is upending the tech outsourcing industry in Bharat. While the sector is adapting, the changes might result in the loss of many coveted paid-jobs.
More than 27 million people in the USA lack health insurance
I resigned from Tesla after nearly 8 years. I lost confidence in Elon Musk's vision for the company.
Collectively, Americans owe a record $1.14 trillion on their credit cards, according to a new report from the Federal Reserve Bank of New York. As credit card debt mounts, young adults, who are likely renters with less of a financial cushion than their elders, are increasingly falling behind.
Nihon needs foreign workers. It is just not sure that it wants them to stay. Foreign employees have become much more visible in Nihon. But policies designed only for short-term stays may hurt the country in the global competition for labor.
Traders gamble on Fed emergency interest rate cuts, but officials need more data to react. The Federal Reserve cuts rates outside of scheduled meetings only in extreme cases. But job market weakening could make for bigger rate cuts down the road.
Trading in government bonds and stocks in Nihon halted after plunging into bear market as everything crashes everywhere
The Nikkei stock index in Nihon posts its biggest single-day fall since 1987 after weak economic data from the USA. The Nikkei Stock Average closed down 12.4%, a historic fall triggered by disappointing jobs data in the USA, and a further rise in the yen
Robots are coming, and they are on a mission: install solar panels. Energy companies say a labor shortage is one big obstacle to installing more solar power. The companies are turning to machines to speed things up.
Racked by extreme heat, one worker died on the job. His story is a warning about the effects of global heating. Cory Foster's death shows perils of prolonged exposure to extreme heat worsened by global heating.
Small businesses make hard choices as insurance costs surge. Some are raising prices. Others are adopting stricter screening for job candidates, adding workplace safety training and weighing changes to employee healthcare coverage.
Trump proposes to end taxes on Social Security benefits. The idea would benefit higher-income retirees and hasten automatic benefit cuts.
The activist pushing companies to end their diversity policies
Data shows that 1.6 million people in the USA will have their car repossessed by the bank before the end of the year, a slight increase from the 1.5 million autos repossessed in 2023 and a drastic upturn from the 1.1 million in 2021.
Mortgage rates plunge to 6.4%, the lowest level in more than a year, after weak employment report
Stocks dropped Friday as a disappointing jobs report added to fears that the USA economy is weakening. The Dow closed 612 points, or 1.5%, lower, after falling more than 900 points earlier in the session. The S&P 500 lost 1.8% and the Nasdaq Composite declined 2.4%.
Recession triggered: payrolls miss huge, up just 114,000 as soaring unemployment rate activates "Sahm rule" recession
Job growth totals 114,000 in June, much less than expected, as the unemployment rate in the USA rises to 4.3%
Wall Street to Big Tech: is AI ever going to make money, other than by getting people fired? Big Tech still has relatively little to show for all their billions spent in terms of significant revenue gains from AI or profitable new products, and investors are starting to get antsy.
$8,500,000,000 -
After receiving $8.5 billion in socialist subsidies, Intel is so criminally managed that it firing 15,000 people to try to re-invent itself, mismanagement private sector investors knew about for not wanting to so subsidize Intel, forcing the taxpayers to lose $8.5 billion.
More than 100 video game performers picketed in front of the Warner Bros. Studios building on Thursday to protest against what they call an unwillingness from top gaming companies to protect paid voice actors and motion capture workers equally against the unregulated use of non-paid AI.
Initial jobless claims in the USA surge to 12-month highs. Is this 'bad' enough news to guarantee that the Fed increases interest rates in September?
Executives and human resources departments admit their return-to-office policy is meant to make people quit
AI might still be dominating financial headlines, but investors should take heed when too much of the narrative for these stocks is focused on euphoria and explosive growth potential. Pettit says that on both the buy and sell sides, it remains a mystery to most as to what these AI companies will do in the next five years.
Despite receiving billions of dollars of socialist subsidies, Intel plans to fire thousands of people to finance a recovery and cope with an eroding market share
Is the labor market about to crack? It is the key question for the Federal Reserve. Central bankers are paying more attention to the strength of the job market as inflation cools. But it is a difficult time to gauge its resilience.
Starter homes cost at least $1 million in 117 cities in California. When homes are ranked by value, those in the bottom third are considered starters. The average U.S. starter home sells for $197,000.
Minimum-wage increase takes toll on fast-food restaurants in California, survey finds. "Now after just a few months, the policy has been a disaster, killing jobs and shuttering restaurants."
Major cities in Africa are sitting on a 'keg of gunpowder' as growing youth anger fuels unrest. Young people are experiencing a summer of discontent as anger and frustration erupt over corruption, the soaring cost of living, and widespread unemployment.
John Deere under fire for laying off hundreds of American workers as it shifts manufacturing to Mexico
Global sales at McDonald's are in decline, down 1% in the USA, because people can't afford fast-food with their current salaries
Global sales at McDonald's are in decline, down 1% in the USA, because people can't afford fast-food with their current salaries
The share of young adults living with parents is the highest since 1940
The needs for childcare services limits gains by women in the workforce. Participation in the labor force has surged among women in their prime working years. But for those with children under 5, the gains may have peaked.
Away from the war in Gaza, another Palestinian economy is wrecked by Israel, with the support of the USA. With the closure of checkpoints, Israeli Arabs cannot come to Jenin and Tulkarm to shop, and West Bank Palestinians cannot leave to work in Israel, cutting incomes and building militancy.
The move, 'Barbie', was supposed to change Hollywood for women (really?). Why didn't it? In the 12 months since the release of the movie, little has changed in Hollywood.
Robots sacked, screenings shut down: a new movement of luddites is rising up against AI. Company after company is swallowing the hype, only to be forced into embarrassing walkbacks by anti-AI backlash.
Hotel owners and union clash over proposal to regulate nonunion hotels. The New York union says the measure would enhance safety, while hotel owners say it would destroy businesses.
A few blockbuster podcasts are making all the money. The top shows are adding video, merchandise and live tours and signing megadeals with Spotify, Sirius and Amazon.
The discount retail chain, Big Lots, will close more than 50 stores in California
Hospitals make comeback after facing labor issues for years. Chains including HCA Healthcare and Tenet Healthcare are experiencing greater demand for services as they hire more workers.
The new threat to the semiconductor chip industry: worker unrest. With the semi-authoritarian industry growing in importance and investment pouring in, workers are demanding greater pay and benefits.
Local, state and federal governments in the USA have the highest level of union membership
Bad news for the idea of a 'Universal Basic Income'. Researchers found that giving people $1,000 every month for three years resulted in decreased productivity and earnings, and more leisure time.
Continuing jobless claims in the USA hover at 32-month highs
The percentage of people in the USA that worry they won't be able to pay their bills is higher than it was during the Great Recession.
The hottest job market in a generation is over. The pandemic-induced hiring spree is waning, leaving workers in the USA with more ordinary prospects.
Trump's vice presidential running mate, Republican Senator J.D. Vance, flunks 'Econ 101' by supporting increases in the federal minimum wage
General Motors will restart its operations with non-paid self-driving taxis in Dallas, Houston and Phoenix. General Motors has invested billions of dollars in its driverless taxi division, in the hope that it will some day generate significant revenue and profits by eliminating the need to hire paid-humans to drive the taxis. [KM: People unemployed by General Motors will not be able to buy General Motors' fckin cars.]
60-year-olds people in the USA are staring at financial peril. A bruising recession and the disappearance of pensions have left many young boomers financially exposed.
The office market in Washington, DC, is in trouble - no matter who wins the presidency. The Biden administration has struggled to get members of the federal workforce back to the office on a more regular basis.
There are signs of severe credit-card and auto-loan stress in Generation Z
Cash-strapped consumers flock to McDonald's for its $5 meal deal
Behind protests in Bangladesh, rage over economic inequality. Demonstrations set off by the reinstatement of a quota system for government jobs revealed broader resentment about the uneven distribution of wealth and opportunity in the Islamic country.
Bangladesh scales back a policy on public-sector hiring that sparked unrest. A court ruling has sharply reduced a quota system for filling government jobs, after protests over the issue turned violent and were brutally suppressed by the Islamic government.
Borrowers/consumers in the USA are on shakier financial ground. Years of higher inflation and interest rates have left consumers mired in debt, even as the overall economy is healthy.
Why men and women are not having babies in the USA. The costs and rising expectations of parenthood are making young people think hard about having any children at all.
The white-collar hiring rut is here. The is bad news for young college graduates. After a pandemic boom, hiring is down for jobs that require a bachelor's degree. "These companies just got way, way too bloated."
Hiring by the government helped prop up the job market. Now hiring by the government is set to slow down.
Wage growth in the United Kingdom cooled in the three months to May, after months of strong recent rises, keeping an August interest-rate reduction in play at the Bank of England.
Sean O'Brien, the head of the Teamsters union, sells his soul to Republicans by supporting proposals that would limit the rights of employees - the members of his union. He argues that big business has "sold out" workers, the same big business that donates billions to the Republican party.
Initial jobless claims rebounds to highest since August 2023
Shares of Bank of America rise 4% despite missing on FICC, net interest income and looming CRED loss tsunami
Bank of America relies on Wall Street operations for profits, as high interest rates pose challenges to Main Street and consumer operations (such as elevated deposit costs).
A factory owned by Caterpillar in Mexico draws complaint of labor abuses. The Biden administration declined to pursue a union complaint of labor abuses in Mexico, raising new concerns about offshoring.
Many aging migrants pay taxes. They stare down a retirement with no benefits. A wave of undocumented immigrants are hitting retirement age in the USA without savings or the cushion of Social Security or Medicare -- even though many have paid taxes for years or even decades.
The law firm hitting businesses with thousands of disability suits. Entrepreneurs face allegations that their websites are not accessible to visually impaired people.
Extreme heat is causing billions in damages that insurers will not cover. Heat waves have become more intense, stunting crops and leading to worker injuries.
The $25 trillion system of retirement savings needs fixing. Fifty years after Congress passed a landmark retirement law, 401(k) and I.R.A. accounts enrich mostly higher-income households. Here are five ways they can be improved.
How rebuilding forests helped pangolins, orangutans and people. Land restored by local residents in Borneo drew an array of wildlife after nonprofit groups first addressed the needs of nearby villagers.
"Equipment shutting down": the largest union of Samsung Electronics declared an indefinite strike on Monday. By late week, Bloomberg reported the union shifted strike efforts to a critical AI memory plant.
US producer prices surge at fastest pace in 15 months as services costs soar - not good news for those waiting for the Fed to 'cocaine' the markets with an interest rate reduction
Shares of Tesla fall 8% of reports on delays of deliveries of its job-killing robotaxis, while shares of Uber and Lyft rise
Shares of Tesla fall 6% of reports on delays of deliveries of its job-killing robotaxis, while shares of Uber and Lyft rise
The first "Miss AI" has been crowned, and she is a gorgeous lifestyle influencer from Morocco. Who needs humans, huh?
Workers in the USA have quit quitting, for now. The job-hopping frenzy of the pandemic years has given way to what some economists are calling the "big stay".
Intuit to fire, then hire, 1800 people in a pivot towards more reliance on the AI bubble
Dwight Jackson, a Black man, got a job interview after he changed the name on his resume to a name that sounded 'white' - using 'John Jembrowski'. Now, he is suing for discrimination.
Homes in the big cities of California cost 10 times more than the average income
AI will eventually destroy almost every paid-human job that now exists. [KM: yes, but rich AI companies must get richer]
A Wall Street law firm wants to define consequences of protests against Israel's horrible attacks on Palestinians. Sullivan & Cromwell is requiring job applicants to explain their participation in protests. Critics see the policy as a way to silence speech about the war.
The union at Samsung Electronics launches an indefinite strike. The union is citing the unwillingness of management to talk to union leaders.
Shares of UiPath, a developer of automation software, drop 7% (now down 50% this year) after it announced it is firing 10% of people, or about 420 jobs, as part of a broader restructuring
Vacuum cleaner manufacturer, Dyson, plans to fire 1000 people in the United Kingdom (our of 3500 employees)
John Deere to fire about 600 people from three of its factories in the USA
The odds for an interest rate reduction in September increase, after a jobs report that stated that the unemployment rate increased a bit to 4.1%
Why the current jobless statistics are probably flawed: too many new jobs are created by the Birth/Death assumptive adjustment, and there has been a steady decline of full-time jobs and steady increase of part-time jobs
The jobless rate in June triggers the Sahm rule: a recession is imminent?
Payrolls rise 206,000 after huge downward revisions as unemployment rate jumps to three year high
The economy in the USA adds 206,000 jobs as hiring stays strong. Jobless rate ticked up to 4.1% in June; wage gains slowest since 2021.
The economy in the USA adds 206,000 jobs as hiring stays strong. Jobless rate ticked up to 4.1% in June; wage gains slowest since 2021.
Government hourly wages are 23.2 percent more than private workers on average. Benefits are the real killer. Government total compensation is 39.9 percent more than private workers.
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Microsoft will pay $14,000,000 to settle allegations it discriminated against employees who took leave
Construction industry suffers largest layoffs 'since Lehman' as initial jobless claims disappoint (again)
Filings for jobless claims in the USA inch up modestly, but continuing claims rise for ninth straight week
Private companies added 150,000 jobs in June, below the upwardly revised 157,000 in May and the Dow Jones consensus estimate for 160,000. Leisure and hospitality added 63,000 jobs, easily the biggest gain among the categories that payrolls processing firm ADP measures.
The ADP payrolls report disappoints in June - 3rd straight monthly decline in additions. "Had it not been for a rebound in hiring in leisure and hospitality, June would have been a downbeat month.".
Grandparents in Sweden became eligible for paid parental leave this week after the country enacted a trailblazing new law aimed at extending child care benefits beyond the immediate family of a child. Under the change, which took effect Monday, parents are able to transfer a portion of their parental leave days to other caretakers, cementing reputation of Sweden as a global trendsetter in progressive parental leave policies.
Women in Bharat face a jobs crisis. Are factories the solution? As multinational brands shift factory production from Zhōngguó, women in Bharat -- long shut out of the work force -- could be prime beneficiaries.
Gig-economy serf drivers are boosting the need for public chargers for electric vehicles. Rideshare drivers who work for companies such as Uber are increasingly turning to electric vehicles to reduce fuel costs.
Influx of workers from Bharat into Taiwan? Companies roll out welcome mat, but "prejudices" could be a problem due to differences in language and culture. Taiwan and Bharat have signed a deal to allow workers in Bharat to help plug a stubborn labour shortage spawned by the low birth rates in Taiwan.
The 'frozen' housing market is warping the economy in the USA. Cheap mortgages are forcing millions of homeowners in the USA to stay put. That is becoming a problem well beyond the property market, as renters, realtors and job recruiters (people can't accept new jobs without new housing) are among those suffering financially.
Jobs data may miss the immigration surge. What that means for interest rate reductions by the Fed.
Nearly 1-in-3 Americans earning over $150,000 worry about making ends meet. More than 15% of people earning over $150,000 took an additional job over the past year to cope with tighter financial conditions.
Uber and Lyft agree to minimum wage, and other benefits for drivers in Massachusetts, lower wages of which their scammy business models rely upon. Uber and Lyft drivers will receive minimum wage and other benefits in Massachusetts under an agreement with the states' attorney general.
Shares of Walgreens plummet 22% after it reduced its profit forecast for fiscal 2024 and said it would close more underperforming U.S. stores as weak consumer spending hurts retail operations
Walgreens plans major store closures in the USA. Shares of the pharmacy chain plummeted 25% after The Wall Street Journal reported the CEO's plans and the company lowered its guidance for the full year.
Walgreens is planning to close more of its roughly 8,700 stores in the United States, its parent company said on Thursday, after the retail pharmacy giant reported third-quarter earnings that fell short of analyst expectations
Continuing jobless claims rise to highest in the USA since November 2021, and initial claims are trending significantly higher.
The governor of New York's canceling of congestion pricing for vehicles in New York City could prevent 100,000 jobs from being created, if billions of dollars of funding that had been expected from congestion pricing fees is not restored. A majority of those jobs would have been created by private companies that work with the authority to build new trains and buses and install new propulsion systems, among other things.
OpenAI CTO says AI may fill some creative industry jobs that were replaceable. Murati believes AI will play more of a collaborative role for workers, though some creative industry jobs
Sony introduces AI for single-instrument accompaniment generation in music production, accompaniment now done by ... paid humans. [KM: Let them eat cake in the future.]
Employees at Boeing are demanding a 40 percent increase in salaries for 32,000 people, as the biggest union at Boeing seeks to exploit the many crises facing Boeing. The union is also seeking a guarantee that a new narrow-body plane will be built in Seattle, forestalling any bid to cut costs by shifting production elsewhere.
After Seattle mandates a $4.99 fee on the failed business model of Uber Eats, "to help drivers", deliveries crash 45%
SAD: retirement nightmare! Hordes of older Americans may need to go back to work just to survive.
Foxconn, a major manufacturer of Apple devices, has been excluding female candidates from assembly jobs at its flagship smartphone plant in Bharat because they are married. Both companies' codes of conduct state that workers shouldn't be discriminated against on the basis of marital status.
When hospital prices go up, local economies take a hit. Companies lay off workers to make up for health-insurance costs after hospitals raise prices, research finds.
Women in US have just one-third of the retirement savings that men have. On average, men had saved $157,000 for retirement, while women had only put aside $50,000. Compared with the men surveyed, women were three times more likely to be focused on providing for their families and children than saving.
The state of California reveals that all of its reported jobs gains in 2023 were fake, after all of the preliminary monthly reports were revised downwards.
AI automation in the workplace is about to reach a major tipping point. 60% of companies plan in the next 12 months to use software, equipment, and/or other technologies to automate tasks being done by paid-human employees.
AI doesn't cause people to lose their paid jobs and lose income, income that now flows to the billionaires controlling the AI? Tell that to freelancers. There is now data to back up what freelancers have been saying for months [KM: about losing money to non-paid AI].
The chief technology officer of OpenAI admits: AI will cause creative people fired from their paid jobs [KM: to make OpenAI more billions], but then [KM: to her, who is richly paid], maybe these people shouldn't be working
The Establishment Survey overestimated job creation by nearly 700,000 in 2023 in the USA
Banks, law and consulting firms are watering down their diversity recruiting programs. Minority students are concerned about what the cutbacks mean for their futures in an already tight job market.
Once again, IBM has been sued for age discrimination, this time alongside spin-off Kyndryl, for allegedly cutting the jobs of older workers while creating similar positions for younger ones.
Sri Lanka loses 10 percent of its doctors amid exodus after economic crisis. Faced with spiralling inflation and poor pay, doctors in Sri Lanka have migrated en masse to other nations in the past two years, crippling hospitals.
Continuing jobless claims continue to rise, while initial jobless claims in California crash
Social-media 'influencers' are not getting rich -- they are barely getting by. Earning a decent, reliable income as a social-media creator is getting harder, as platforms pay less for popular posts and brands get pickier about sponsorship deals. A possible TikTok ban is adding to anxiety over job stability.
AI is replacing paid-human tasks faster than you think
Twelve executives at GBH, Boston's non-profit public radio channel, earned more than $300,000 each last year, prompting criticism among current and former employees about the organization's choices in confronting a budget shortfall
More doctors walk off the job in South Korea. Physicians across the country staged a one-day strike, the latest escalation in a months-old protest against the plan by the government to train more doctors.
How the Teamsters and a homegrown union plan to take on Amazon
Cities in the USA with the most people at risk for losing their paid jobs to AI
The Daily Beast is "gutting its senior editorial team after implementing voluntary buyouts last month, with nearly 70% of unionized staffers leaving the outlet". "We are currently watching the collapse of The Beast".
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California has fined Amazon a total of $5.9 million, alleging the e-commerce giant worked warehouse employees so hard that it put their safety at risk, alleging illegal work quotas at 2 warehouses.
$5,900,000 -
California has fined Amazon a total of $5.9 million, alleging the e-commerce giant worked warehouse employees so hard that it put their safety at risk, alleging illegal work quotas at 2 warehouses.
Industrial production in the USA surges in May, biggest MoM jump since January 2023 as the ISM tumble
Fast-food managers in California are obtaining massive pay raises, despite restaurants raising prices and shutting stores, and whining about their woes by blaming it on having to pay their employees a minimum wage of $20 - a minimum wage imposed by law that also by law increased managers salaries by 25%
20% of California lives in poverty; what's going on?
Working in "hellfire": gig workers bear the brunt of heatwaves in Bharat. Delivery workers face physical and mental hardships while enduring a scorching summer in Bharat.
Apple sued by employees alleging unequal pay for women. The suit targets Apple's hiring practices used to set compensation, as well as performance-review policies at Apple.
Initial jobless claims surge to 10-month highs as california joblessness soars
Shares of Tesla popped in premarket trading, after Elon Musk said shareholders are set to approve his controversial $56 billion pay package and a resolution to move the electric carmaker's incorporation to Texas.
Amtrak pays 14 executives six-figure bonuses ($200,000+) as losses continue. Some executives received payments of nearly half a million dollars as the rail service remained $1.7 billion in the red and the new Acela program continued to face challenges. In 2023, Amtrak paid out more than $5 million in short- and long-term incentive bonuses to its executives even as the passenger rail service posted $1.7 billion in losses.
Fedex to cut up to 2000 back-office jobs in Europe amid weak freight demand
Salaries in Silicon Valley salaries are declining, leaving workers in the lurch. Wages in Silicon Valley fell 15% from 2022 to 2023.
To address falling sales, Best Buy carried out another round of layoffs and job restructurings last week, with the company cutting some of its sales staff and reducing the pay for others.
Shortage of skilled-trade workers crippling some industries
Dockworkers cancel bargaining, threaten strike at seaports in the USA. The union that represents workers at ports from Maine to Texas canceled labor talks in a row over the use of automated machinery.
A teacher shortage across the USA is costing schools $4 billion per year
Prime Minister Modi is humbled by voters in Bharat, and faces portent economic struggles. With his grip on political power weakened, the prime minister of Bharat is confronting the same formidable challenge -- how to generate hundreds of millions of jobs.
10,000 fast food workers in California 'McFired' thanks to $20 minimum wage
A new measure shows wages for CEOs at even more astronomical levels. With new executive pay disclosures, the big picture is still riches for the rich at the top, and lagging wages for most of the rank-and-file - the meek of these CEO's Jesus who will inherit nothing.
Employment in the trucking sector has fallen by nearly 30,000 jobs in the past year as shipping volumes and rates have retreated
Ultra-cheap meals from the delivery giant of Zhōngguó are hugely popular. Drivers are bearing the costs [KM: which allows the companies to become richer]. Meituan's group order program boomed amid Zhōngguó's post-Covid-19 thrift economy, but delivery drivers say they are working longer for less pay.
The retail bloodbath: more than 2,600 store closings have been announced so far in 2024
The number of new jobs rises strongly in May, with 270,000 jobs added. The unexpectedly strong job growth shows that employers remain undaunted, despite pressure from high interest rates. The unemployment rate ticked up to 4 percent. This adds to the odds that the Fed will not increase interest rates anytime soon.
May payrolls soar by 272000, above highest estimate, as wages come in red hot. With everyone dead certain it would be a miss, we said it would beat. We were right.
Payrolls instant reaction: a schizophrenic report. The establishment survey makes it look like an incredibly strong and healthy labor market. The household survey makes it look like a very weak labor market.
The number of new jobs rises strongly in May, with 270,000 jobs added. The unexpectedly strong job growth shows that employers remain undaunted, despite pressure from high interest rates. The unemployment rate ticked up to 4 percent. This adds to the odds that the Fed will not increase interest rates anytime soon.
Bolt's drive-to-win insurance scheme is putting drivers' lives at risk. Many drivers in Nigeria who attempted to win health care said they have become ill while doing so -- and still can't afford treatment.
A labor union at Samsung Electronics in South Korea said many workers went on strike Friday, marking the first such walkout in the 55-year history of the smartphone and chipmaking giant.
A labor union at Samsung Electronics in South Korea said many workers went on strike Friday, marking the first such walkout in the 55-year history of the smartphone and chipmaking giant.
Initial jobless claims in the USA rise near 8-month highs
Birth-rates are plunging in the six most populated countries in the world: Nigeria, Pakistan, Bharat, Indonesia, Zhōngguó and the USA
Employers in the USA reported fewer open jobs in April, adding to signs that supply and demand for workers are coming back into balance after pandemic-era disruptions.
Wall Street finally admits the biggest economic shocker: all jobs in the past year have gone to illegal aliens
ADP payrolls unexpectedly tumble to lowest since January, as wage growth continues slowing
The YOLO economy (spend all you can, "you only live once") is dying. That could be bad news for a consumer-driven economy. Inflation is still elevated and consumers are running out of their Covid-era savings, the job market is beginning to tighten and workers are getting worried about losing their jobs.
Bond prices and bitcoin rise in price (but not stocks) as 'bad' news jolts interest rate reductions back to life
Job openings tumble with hiring stuck at 2018 levels
Eight Black workers sue General Mills over discrimination at a plant in Georgia. They accuse the food company of tolerating decades of racism at a suburban Atlanta plant led by white managers known as the Good Ole Boys.
United Airlines reduces its plans to hire people in 2024 due to delays of deliveries of new planes from Boeing
The union for American Airlines wanrs: "all flight attendants need to prepare for strike"
Dollar General to eliminate the "vast majority" of self-checkout terminals in its stores due to soaring theft
In Miami, jobs are plentiful -- and you might need two jobs to afford living in Miami. The Fed wants strong employment and low inflation. Miami shows just how hard it is to attain both at once.
A "restaurant apocalypse" is starting to sweep across the USA, and that is really bad news for the economy of the USA
A matter of survival as a heat wave in South Asia reaches 127 degrees. Pakistan and Bharat are sweltering. For laborers, not working because of the extreme temperatures can mean not eating.
The 'March of Dimes' syndrome. How activist groups and charities, once they achieve their goals (March of Dimes addressed polio, now gone), to keep their jobs like bureaucracies, look for a new cause to fight for and raise money for
c
Sony Pictures Entertainment will use AI to reduce film costs (less work/jobs for humans)
The resurgence of the oil industry in Canada is doomed without a supply of younger workers
The $150,000/year housekeeper in Palm Beach, Florida. Wage inflation kicks up into second gear.
The "worst since the great recession" of 2008 -- the Dallas Fed Services Survey slumps in May as respondents fear "inflation is getting pretty scary"
If AI can do your job, maybe it can also replace your CEO. Chief executives are vulnerable to the same forces buffeting their employees. Leadership is important, but so is efficiency - and cost-cutting.
Fintech company Klarna is using generative AI to reduce marketing costs, and fire marketing people, by $10 million annually
Some Asian American and Pacific Islander women in the USA will lose $1 million in their working careers to be paid less than men
A 100-ton locomotive with no one in the cab. Railroad unions are raising safety concerns about the growing use of remote-controlled trains after a rash of fatal accidents.
The average vehicle in the USA is 12.6 years old, as inflation makes it harder to buy new vehicles
The union representing governemnt border agents in Canada said over 90% of its members voted to go on strike as soon as next month, posing a risk to billions of dollars in daily cross-border commercial trade between the USA and Canada.
First McDonald's, now Burger King admits that consumers have less money to spend, as Burger King plans to reintroduce a $5 meal deal
Many Americans say they will never retire. Everyday expenses and housing costs, including rent and mortgage payments, are the biggest reasons why people are unable to save for retirement.
A shortage of men is pushing women into the mines of Ukraine. With the war in its third year, some women are moving into traditionally male-dominated sectors of the economy to make up for a growing shortage of men.
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The NCAA and Power Five college sports associations agree to pay $2.8 billion over 10 years to more than 14,000 former and current college athletes who say now-defunct rules prevented them from earning money from endorsement and sponsorship deals dating to 2016
Americans desperate for bargains are flocking to online retailer Temu, and making its owner in Zhōngguó very rich
Walmart and Target unless a 'tsunami' of price cuts, as the working-poor hit a 'brick-wall' of spending
Companies in the USA in 2024 need fewer hires of new university graduates. Companies are hiring fewer fresh graduates and rethinking their needs for entry-level talent.
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TPC Group, a petrochemical company in Texas, has pleaded guilty to a violation of the Clean Air Act and agreed to pay more than $30 million in connection with two explosions that injured workers and caused the evacuation of thousands, due to explosions at a TPC Group plant in the coastal city of Port Neches the day before Thanksgiving 2019
Americans are falling deeper into debt to buy groceries. To get relief, some are turning to credit cards, buy now pay later or payday loans to buy food. But those balances can be difficult to pay down due to a higher cost of living.
Disneyland character workers at California park vote to unionize. The vote determined whether 1,700 workers who play characters such as Mickey and Minnie Mouse and who dance at parades could join the union representing other workers at the park in Anaheim, Calif.
A loss at Mercedes-Benz slows the Southern campaign of the United Auto Workers. After Mercedes workers voted against joining the United Automobile Workers, the union will have less momentum as it campaigns to organize factories in the South.
1 in 7 of 'Generation Z' (those 13 to 29) in the USA have 'maxed out' their credit cards. Credit card delinquencies have surpassed pre-pandemic levels and continue to rise. Severe credit card delinquencies, those 90 days overdue, have now climbed to 10.7% -- the highest since 2012.
An effort by the UAW to organize workers at a Mercedes plant in Alabama has high stakes. Southern political leaders, most Christian, say a win for the United Automobile Workers would threaten their post-slavery economies. Activists want to strike a blow against a system they say exploits the poor
Boeing supplier Spirit AeroSystems will fire hundreds of people. The parts maker said it would fire 400-450 people in response to a slowdown in production at Boeing.
Freak robot made in Zhōngguó can learn, think, work like humans. Inventor says Astribot humanoid robot can move at 33 feet per second, and it is shocking the world.
An innovative jobs program in New York broke the rules to succeed. Now the rules may change to help its new model for job training.
Record levels of household debt, a jump in delinquencies, signall "worsening financial distress", according to the Federal Reserve
The only real fix to the future funding problems of Social Security? The USA needs more babies.
FAA still short about 3,000 air traffic controllers, new federal numbers show
Squeezed for decades, the working class of the USA is finally having to live with excessive debt, while the rich get richer
Unions struggled in the southern USA states for years. The economy gave auto workers an opening. Employees at a Mercedes-Benz plant in Alabama will vote in the week ahead on whether to unionize. The UAW had a big win last month at a Volkswagen plant in Tennessee.
How a shadowy network of NGOs supplies mega-corrpotations with (illegal) immigrants to allow the biilionaire owners to exploit cheap labor - many companies with many Christians in their management exploiting Jesus' "meek"
AI bots are taking over the job application process, and everyone is losing. It is bot versus bot on the hiring front lines, as job hunters turn to new tools to counter the AI that is screening their applications.
Only half of adults say they could afford their childhood home today
How inadequate tracking of bird flu leaves dairy workers at risk. Farmworkers have been exposed to milk infected with the bird flu virus. But there has been virtually no testing on farms, and health officials know little about who may be infected.
Boeing locks out firefighters in contract dispute, and President Biden weighs in. The aircraft manufacturer and a union representing 125 firefighters are at odds over pay at the company's plants in the Seattle area.
Reality dawns? Initial jobless claims suddenly spike to highest in 9 months. Is this the start of reality re-appearing in official labor market data?
France says it built the Olympics facilities safely. Migrant workers do not count in their safety statistics. Undocumented workers played a larger and more dangerous role in delivering the Games than the Macron administration acknowledges.
Desperate for workers but totally against migrant labor: the dilemma of West Virginia. State officials focus on illegal immigration despite seeing few newcomers. The governor deployed National Guard troops to the Texas border.
It took decades, but working women in Nihon are making progress. Employers have taken steps to change a male-dominated workplace culture. But women still struggle to balance their careers with domestic obligations.
A report on workplace culture at the Federal Deposit Insurance Corporation released on Tuesday revealed a broad, yearslong pattern of sexual harassment, discrimination and abuse of mostly women and members of minority groups by senior officials. The findings are likely to lead to another potentially bruising round of questions for the agency's chair, Martin Gruenberg, who is scheduled to testify in Congress later this month.
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Fayette Janitorial Service, a cleaning company for slaughterhouses, is fined $649,000 for using children in dangerous jobs cleaning slaughterhouses
How TikTok is wiring Gen Z's money brain. Endless videos about the economy and consumerism are giving 20-somethings a case of "money dysmorphia" - worrying that they don't have enough -- stuff.
Tyson Foods warns low-income consumers are cracking under inflation storm. "And in retail, we are seeing roughly 20% cumulative inflation over the last three year."
Cue Health, which boomed with Covid tests during the crisis - and once worth $2.3 billion, fires hundreds of more people
AI-generated samples of people is here, and they are ready to work for free. AI that can predict how specific humans will look, act and feel could do the paid jobs of human fashion models, human focus group members and human clinical trial participants.
ISM Services Survey slumps in April - first contraction since 2022 but prices are accelerating
Unit labor costs soar in Q1 as the so-called 'AI productivity boom' fails to deliver results
The long-predicted reducing spending by consumer finally starts reducing sales at restaurants such as Starbucks, Kentucky Fried Chicken and McDonald's.
Job openings plunge, the number of people quitting plunges, and new hites unexpectedly plummet to the levels of January 2018
ADP employment report strong in April, but the technology sector lost jobs
Tesla fires many on battery charger team, raising doubts about expansion. The carmaker dismissed 500 employees in a unit that was critical to its success and seen as important to the future of electric vehicle sales in the USA.
White collar jobs hiring is stalling out across much of the USA, with industries such as finance, technology, media, and professional services such as law and accounting all suffering despite the national unemployment rate hovering near historic lows.
Rising food prices send more shoppers to Aldi. The German grocer keeps prices low with smaller stores, fewer staffers and a slimmer product menu than bigger supermarkets.
How the new minimum wage law in California could shrink the Subway sandwich chain to its smallest size in decades. Subway shrunk its sandwich chain in the US by 443 stores last year, a surprise downsizing that experts said could continue as its shops in California have to pay people more because of the new increased minimum wage.
A month after a higher state minimum wage for fast-food workers went into effect, consumers picking up burgers and burritos at chains in the Golden State grapple with prices rising at a faster clip than in other states.
Solar construction workers in New York State -- whose numbers are expected to grow rapidly to meet climate goals -- are transient, may not receive benefits and are subject to racial disparities in pay, finds a new report from the ILR School's Climate Jobs Institute.
According to the absurd numbers that the government feeds us, the unemployment rate is very low and there are lots of jobs available. So why are there so many Americans that can't find a job even though they are desperate to be hired?
AI could allow call centers to fire most of their people, if not force the call centers out of business, according to the head of Tata Consultancy Services
First-time buyers must earn $120,000 to afford the average home
Republican-led states savage child labor protection, wanting their children to work more hours for less. In Louisana, politicians vote to remove lunch breaks for child workers.
Companies controlled by multi-billionaries such as Starbucks, Amazon, SpaceX -- are attacking the pro-worker policies of the National Labor Relations Board
Cannabis use greatest among lower-income and less educated. 9% of U.S. adults report using cannabis regularly.
US PMIs scream stagflation as manufacturing 'contracts', prices rise, heaviest job cuts since the global financial crisis
Euro area PMI activity hits 11 month high on service expansion as manufacturing recession gets worse
Delta Air lines to give employees another 5% raise, and raise starting wages to $19/hour
Could the victory of the United Auto Workers at a Volkswagen factory in Tennessee set off a wave? Some experts say the outcome at a plant in Chattanooga may be organized labor's most significant advance in decades. But the road could get rockier in the union-hostile, sourthern States.
Could the victory of the United Auto Workers at a Volkswagen factory in Tennessee set off a wave? Some experts say the outcome at a plant in Chattanooga may be organized labor's most significant advance in decades. But the road could get rockier in the union-hostile, authoritarian, sourthern States.
Construction jobs in Philadelphia set to plunge as residential projects hit a wall
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Providence Health & Services must pay more than 33,000 hourly employees a total of more than $200 million after a King County judge found evidence the hospital system had willfully been shortchanging staffers for years through illegal timekeeping and meal break practices.
Security analyst jobs in Zhōngguó are "permanently" disappearing
The middle class cannot afford homes in nearly half of the top 100 metropolitan areas in the USA
Workers at a Volkswagen plant in Tennessee vote to join the United Auto Workers, in a historic win for the union. The victory at the Tennessee factory helped the union toward its goal of reversing declining membership by organizing foreign-owned factories. It is also a threat to the 'plantation business model' of the southern states.
Workers at a Volkswagen plant in Tennessee vote to join the United Auto Workers, in a historic win for the union. The victory at the Tennessee factory helped the union toward its goal of reversing declining membership by organizing foreign-owned factories. It is also a threat to the 'plantation business model' of the southern states.
The FAA issued a directive to ensure minimum rest periods for air traffic controllers as a study said more changes are needed to avoid safety risks.
Compensation for CEOs rose to another record in 2023. The 11.4% median increase for 100 top CEOs was well ahead of the 4.3% gain for the average worker, who can still afford to eat cake.
Nike "permanently" firing 740 people at its headquarters in Oregon, as part of a restructuring to trim costs
A rejuvenated UAW aims to unionize workers at Volkswagen. The union is aiming to use the momentum from Detroit deals to expand in the South by organizing a plant owned by a foreign automaker.
America is uniquely ill-suited to handle a falling population. Which is a worry, because much of it is already shrinking, especially in the non-coastal regions of the USA.
Why so many college graduates in Zhōngguó cannot find jobs. Our number-crunching suggests that their plight could be much worse than previously thought.
The computation demand for the new, job-destroying AI, by 2030 could be consuming more energy than Bharat, much of that energy generated by burning coal and oil, worsening the environment
Artificial intelligence tools can replace much of Wall Street's entry-level white-collar work - financial document analysis, allowing financial firms to stop hiring and firing young people to do this grunt work.
An oversupply of trucking capacity is weighing on the earnings outlooks of carriers. A push by retailers and manufacturers to cut shipping costs is sending trucking industry hopes of an earnings rebound into a skid.
Tesla shares decline 1% in premarket trade after reports Tesla will fire more than 10% of the people working for the company
Tesla shares decline 1% in premarket trade after reports Tesla will fire more than 10% of the people working for the company, and two key executives will resign
Immigrants in Maine are filling a labor gap. It may be a prelude for the USA. A wave of rapid immigration is taxing local resources around the country and drawing racist political ire. But it might leave the economy of the USA improved.
A few New York City restaurants are experimenting with virtual staff members, who greet customers onscreen via Zoom from the Philippines.
Generative AI is changing the economics of hiring at these companies. With price tags of up to millions a year for a single use case for AI, companies hope that AI can deliver savings by allowing the companies to hire and pay less humans.
Companies developing AI systems are threatening the paid-jobs of many Americans,
A Congressional Gold Medal for America's Rosies, the women on the home front during World War II. Rosie the Riveters, the American women who filled a crucial labor shortage during World War II and reshaped the work force, were honored at the Capitol. A male-dominated Congress only authorized the Medal in 2020.
Young people in Zhōngguó are deliberately not saving for retirement. Citing a rapidly aging society, difficult job market and uncertainty about the future, some young people are rejecting the idea of saving for old age.
The real estate nightmare unfolding in downtown St. Louis. The office district is empty, with boarded up towers, copper thieves and failing retail stores -- even the Panera outlet shut down. The city is desperately trying to reverse the 'doom loop'.
Demand for Spam and canned meats "is on fire" as relentless food inflation forces cash-strapped shoppers to scale back
Discount retailer Dollar Tree has sparked a revolt among some of its customers after increasing the price cap of items to $7 across thousands of stores nationwide. "I would rather get everything at Walmart."
Why the national debt of the USA is unsustainable and is destroying the middle class, a destruction aided by Big Tech
The economic benefits one company obtained when it started providing child care services to its employees
The calls for help coming from above the poverty line. The operators taking distress calls in the USA say they hear from more people who earn too much to be eligible for many social services.
Two companies in Nihon argue that "social order could collapse" in the AI era. Telecommunications company NTT and leading newspaper Yomiuri will issue a manifesto calling for new laws to restrain generative AI.
The rent really is too damn high: why you feel poorer than ever. Americans feel real economic pain, but it is not just due to three years of inflation -- it is about 30 years of disaster
Pilots in France go on strike against a proposal of the government to ban strikes
Nihon to embark on an era of "mass foreign investment". A rapidly declining native birth rates, an aging society and a chronic labor shortage is fueling the importation of millions of foreigners who "are changing the face of Nihon".
Artificial intelligence will lead to many companies employing fewer people in the next five years, staffing provider Adecco Group. Some 41% of senior executives expect to have smaller workforces (partly through firing people) because of AI technology. [KM: rich companies must get richer]
Behind today's stellar jobs print: it was literally all part-time jobs (and illegals). Since March 2023, the number of full-time workers has collapsed by 1.347 million while the number of part-time workers exploded by 1.888 million!
Bond yields are correct to assume jobs market has not yet cracked. The widening gap between household employment and payrolls is causing concern the weaker message from the household survey is the more accurate.
Job growth zoomed in March as payrolls jumped by 303,000 and unemployment dropped to 3.8%. THis strength of the economy is one more reason the Fed won't rush to reduce interest rates in 2024.
Eyeglasses improve income, not just eyesight. A study found that when farsighted workers in Bangladesh were given free reading glasses, they earned 33 percent more than those who had not.
Jamaica needs teachers, yet England poaches them and classrooms lie empty. How can that be right?
The "British are coming" for your white-collar job. Businesses in the USA are sending all types of work across the Atlantic, drawn by depressed U.K. salaries, tax incentives and a weak currency.
Yu Hua on why young people in Zhōngguó no longer want to work for private companies
Junior bankers say that they will quit after bonuses fall -- but the top 1.0% of bankers celebrate soaring markets and plunging private jet costs
Job cut announcements and notifications in the USA remain high, while government reported initial jobless claims remain low. Distortion?
Bharat is one of the fastest-growing major economies in the world, but it is struggling to find enough well-paid jobs for millions of its highly educated graduates
Inflation in Turkey rises to 68% despite continued increases in interest rates, now at 50%/year. Much of the inflation in recent months stems from a significant increase to the minimum wage that s government mandated for 2024.
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Meat processors Mountaire Farms and Case Foods have agreed to pay a combined $22 million to resolve claims in U.S. court that they conspired to suppress wages of poultry workers, pushing the total settlements in the litigation to more than $217 million
A viral AI influencer, completely computer-generated, is going to host a television show. Who needs paid-humans?
Restaurants are filing thousands of people, while some restaurant chains are closing multiple locations because the cost of operation will be higher than the benefits, after a new $20 minimum wage law comes into force.
Federal officials are planning to impose a mandate that freight railroads operate trains with two-person crews, adopting a policy that railroads have opposed and that Congress failed to legislate.
Gross domestic income shows that the USA is in stagnation. According to the Bureau of Economic Analysis, real GDI increased only 0.5% in 2023, compared with an increase of 2.1% in 2022. Keyynesian government spending funded by debt has failed.
The 12 national joint-stock banks in Zhōngguó reported deep salary cuts last year, while 10 lenders also demanded employees return performance-based bonuses, amid the ongoing efforts of the government to reshape the financial industry.
Students from Nepal and the Philipines flock to Australia for work. Nepal and the Philippines are the top source markets for international students in Australia, after Zhōngguó and Bharat. Lax oversight, regulations and visa rules that allow unlimited work rights are part of the reason.
Winners and losers as a $20/hour wage for fast-food workers takes effect in California, the highest such wage in the USA. Better pay for workers could come at the cost of forcing businesses to fire some people and raise prices.
Larry Summers, now an OpenAI board member, thinks that AI could replace "almost all" forms of labor performed by to-be-jobless paid-humans. Just do not expect a "productivity miracle" anytime soon.
The Philadelphia Fed admits that its USA Payrolls data is overstated by at least 800,000
The declining value of the federal minimum wage in the USA. In 1960, the federal minimum wage was $1 per hour. After accounting for inflation, this would be worth around $10.28 today (it's at $7.25).
The Social Security Administration must stop the unethical use of junk data about non-existent jobs that people could obtain (to deny people disability benefits), such as "addressing envelopes"
Javier Milei, the libertarian president of Argentina, plans to fire 70,000 government workers (out of 3.5 million government workers in a population of 45 million).
Restaurants in California fire people as fast-food wages set to rise. Restaurant chains fire workers and reduce hours ahead of a state minimum-wage increase; California fast food workers will earn $20 an hour starting in April.
With the tip tax credit falling, full service restaurants in Washington, DC, fire 3700 people
Canada Goose, a manufacturer of high-end outerwear, is firing nearly 1000 people, about 17% of its people, mostly corporate jobs.
Teachers are quitting. Some states want to pay more to keep them working. Nationally, average teacher pay has barely budged since 1990. New legislation seeks to increase minimum salaries.
Ericsson to fire 1,200 people in Sweden due to lower volumes os sales. The Swedish telecommunications-equipment company said it expects a challenging mobile networks market in 2024, with further volume contraction as customers remain cautious.
A bill of rights for strippers is signed into law in Washington state
The brutality of sugar in debt, child marriages and hysterectomies in Bharat. An investigation into the sugar-cane industry in the state of Maharashtra found workers ensnared by debt and pushed into child marriages and unnecessary hysterectomies.
Deutschland is hurt by 'strike madness' while its economy stumbles. A wave of strikes by workers in Germany, feeling the sting of inflation and stagnant growth, is the latest sign of the bleak outlook for the economic powerhouse of Europe.
Could real estate agents be thrown out of work the same as were travel agents? Not quite, since buying a home is a longer term investment than buying a plane ticket.
One CEO's radical fix for corporate troubles: purge the bosses. Bayer Chief Executive Bill Anderson is throwing out the corporate playbook for a management plan that shifts more decisions to workers.
Immigration policies are helping the USA do better than Asia economically. Antipathy toward large-scale foreign labor is emerging as an Achilles' heel for Asia.
Retirement crisis faces government and corporate pensions. Back in 1966, each employee shouldered $555 of social benefits. Today, each employee has to support more than $18,000 in benefits.
Nvidia announces non-paid AI-powered health care 'agents' that outperform human nurses - and only cost $9 per hour and don't need to be paid health benefits
Olive Garden and LongHorn Steakhouse owner Darlden warns lower income customers are spending less
Continuing jobless claims issued by the government revised downward for 20th straight week
Working-age women in Nihon have been joining the labor market for years, a trend that has continued strongly in recent months as a tight labor market prods companies to work to attract new employees. The jump in female participation has happened partly by design. Since about 2013, the Japanese government has tried to make both public policies and corporate culture more friendly to women in the work force.
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A $335 million settlement between the Ultimate Fighting Championship and hundreds of fighters is expected to gain final approval by September, ending a multiyear clash over claims the league suppressed wages
Signet Jewelers, the parent company of Kay Jewelers and Zales, warned that persistently high inflation and job market uncertainty have forced some young folks to delay engagements.
"Root to Rice", an attempt by Costa Rica to lower rice prices by mostly eliminating import taxes on rice, failed, as prices of rice continued to rise (good for rich importers) while 9000 rice workers lost their jobs
Unilever to fire 7,500 people and spin off Ben & Jerry's ice cream subsidiary, as consumers trade down to cheaper brands amid high inflation
Unilever is better off without Ben and Jerry. Its ice-cream business is struggling and enjoys less overlap with the rest of the consumer company.
Unilever to fire 7,500 people and spin off Ben & Jerry's ice cream subsidiary, as consumers trade down to cheaper brands amid high inflation
A legal settlement has upended the model for buying and selling homes for the past three decades and prompted more than a million agents to re-examine their careers
Economic impact of a shortage of plumbers should concern everyone. Three years ago, the National Association of Home Builders reported there was a 55% shortfall in the number of plumbers available for work.
The economy of Zhōngguó has a new problem: its job market. Joblessness rose for the third straight month, pointing to pockets of weakness in the economy of Zhōngguó.
A ChatGPT for music is here. Inside Suno, the startup changing everything. Suno wants everyone to be able to produce their own pro-level songs - but what does that mean for artists? [KM: Only one thing - being able to earn less money.]
Teachers in Japan demand an end to "excessive" number of hours that they have to work, as many are pushed to the brink of exhaustion. Some 900,000 Japanese educators have signed petitions calling for the government to address long hours of unpaid work and poor pay.
Workers at an Amazon air hub in Kentucky celebrated a victory Thursday after federal labor regulators found that Amazon violated labor law by trying to prevent workers there from unionizing
Laid-off technology workers face "sense of impending doom" with job cuts at highest since dot-com crash. 50,000 people have been fired so far in 2024, after 260,000 people were fired in 2023.
Women are not getting the big jobs at Goldman Sachs, and they are heading for the exits. The Wall Street giant pledged to bring more women into senior ranks. Instead, top talent says better opportunities are elsewhere.
Lyft and Uber plan to leave Minneapolis after the city council forces them to increase the wages of drivers, something their scammy business models can't support
Government data on jobs goes from the sublime to the ridiculous
Small businesses are firing people. It is a warning sign for the economy of the USA. Economic pressures are trapping small businesses in a cycle that makes it even more difficult to compete with larger, more established businesses.
Modern workplace technology linked to lower employee well-being, study finds. Who would have thought that AI, robots, and trackers could make employees miserable? [KM: well, at least rich technology companies are richer]
The Bank of Nihon "has made up its mind to increase interest rates" after union wage negotiations lead to a surge in pay
Amazon tells warehouse workers to close their eyes and think happy thoughts, to forget about lousy working conditions.
Exports from Zhōngguó are surging. Prepare for the global backlash. Increasing overseas sales of manufactured goods are helping the economy of Zhōngguó, and creating employment, but countries from Europe to South Asia may lose jobs.
How Tent Partnership for Refugees, a shadowy network of NGOs, supplies 400 multinational corporations with migrants to exploit cheap labor
Home care aides fight to end 24-hour shifts: "This work is killing them". Home health care, among the fastest growing industries in New York and nationwide, is also one of the lowest paying, with often grueling hours.
Americans do not care as much about work. And it is not just Gen Z. Blame it largely on the pandemic, which weakened the hold the workplace held on psyches of people.
The wasted economic potential of women in Islamic Egypt. Islamic Egypt's resistance to women entering the workforce has kept it from reaping the economic benefits of globalization.
Payroll report in the USA can send dollar and Treasury bonds in opposite direction. Another robust showing in US non-farm payrolls could reignite the ascent of the dollar while prompting a decline in Treasuries heading into the weekend.
In 2023, the number of top films with actresses in leading roles was the lowest in a decade, and women have been joining the film academy at a considerably slower rate.
The European Central Bank, citing growth in wages, keeps interest rates unchanged
The ECB holds interest rates at same levels as central bankers weigh timing of reductions. Officials signaled they would likely wait until June to be confident enough to start cutting rates, as policymakers around the world consider the risk of moving too fast.
The USDJPY yen ratio plunges as soaring wage growth in Nihon sparks a surge in the probability that the Bank of Nihon will increase interest rates
Government supplied statistics on jobless claims in the USA refuse to budge despite more corporate firings, and warnings of future corporate firings
The job applicant rejected from being hired because his interviewer was ... an incompetent AI system.
Job openings and hires decline as workers quitting their job plunge to pre-Covid levels
ADP employment report sees wage-growth re-accelerating in February in the USA
The District of Colombia is raising the pay of workers in restaurants. What does that mean for customers? Higher prices? Fewer places? As several states consider lifting wages for tipped workers, here is how the shift is already playing out in the nation's capital.
Patients lose access to weight-loss drugs as employers stop coverage. To rein in spiraling spending, employers are discontinuing reimbursement or placing new limits on who is covered.
A book publishing startup pitches authors a novel deal: $0 up front / advance, but bigger profits. Approach contrasts with traditional publishers, which pay author advances and do not offer the opportunity to own a stake in the business.
Income needed to afford a home in the USA has soared by 80% since 2020
The Services Surveys in February signal stagflation: higher prices, slower economic growth
A new study shows that white-collar employees who can work remotely now live roughly twice as far from their offices as they did prepandemic.
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Ohio fines CVS Health $1.5 million over safety and staffing issues. The penalty is part of a settlement of 27 cases involving safety concerns revealed during inspections of nearly two dozen stores, officials said.
Evonik, a chemicals company in Germany, said it would fire up to 2,000 people by 2026, expecting cost reductions of around 400 million euros, after its fourth-quarter underlying earnings came in slightly below consensus forecasts.
JPMorgan has AI-driven cashflow management software that has slashed manual work by up to 90% for some of its customers
Rich countries are becoming addicted to cheap labor. Businesses are relying more on migrant workers as labor shortages persist, but economists warn of long-term dangers. And racists/nationalists oppose immigration.
Imports from Zhōngguó in the early 2000s lowered prices and wiped out jobs in the USA. A sequel of sorts might be in the making.
'Nepo' (nepotism) babies crowd the runways. The casting craze for celebrity kids hit the big time with the likes of Gigi Hadid and Kendall Jenner. In 2024, the trend is not slowing down. Another way for the rich to get richer.
South Korea needs foreign workers, but often fails to protect them. Though a shrinking population makes imported labor vital, migrant workers routinely face predatory employers, inhumane conditions and other abuse.
How bad can it get for the business of Hollywood? It is still recovering from the Covid pandemic, streaming services are not the great hoped-for profit center, and now AI threatens everyone's jobs.
We must grow our aerospace workforce. "The aircraft mechanic shortage has reached a critical point."
After gains at the Big Three authomakers, the United Autoworkers Workers union aims at nonunion plants. A looming union election at a Volkswagen plant in Chattanooga could determine the trajectory of union organizing at more than a dozen auto factories.
Despite the lies Republicans, the economy of the USA is surpassing expectations (what do you expect with deficit spending?), because of immigration. Immigrants aided the pandemic recovery and may be crucial to future needs. The challenge is processing newcomers and getting them where the jobs are.
Sltaffing shortages at nursing homes in the USA, and other problems, persist. Infection control lapses, severe staffing shortages and lowering vaccination rates have continued to plague many facilities beyond the pandemic.
Supercore inflation soars in january, services costs re-accelerate as socialist government handouts spike, with the biggest MoM rise in Services inflation ex-shelter since December 2021.
Key Fed inflation measure rose 0.4% in January as expected, up 2.8% from a year ago
The demographic implosion in Nihon: live births crash to a record low, 12 years ahead of forecast
Employee shortages at hotels threaten to push travel costs even higher. Room rates look poised to rise as owners pass on escalating wage costs.
Book review: "White Rural Rage: The Threat to American Democracy" - how technology's 'creative destruction' destroys less-educated, rural communities, who in their rage at the ill-fortune, give their political support to Trump
Expedia to fire 9% of its people (about 1500 people) amid transformational efforts (i.e., using more AI). The online travel company expects to book pretax charges and cash expenditures of up to $100 million.
Threat of strike looms large over East and Gulf Coast ports of the USA, affecting 70,000 dockworkers
Has Starbucks surpassed Amazon as the villain of big labor in New York? New York has stood at the vanguard of progressive workplace legislation. Is Starbucks ignoring the law?
"We have consistently flirted with death": Elon Musk wanted his Boring Company to build a tunnel system below Las Vegas. Former employees say they feared for their lives while working for the extremely rich Musk.
Tyler Perry halts $800,000,000 studio expansion due to AI advancements. The 'Mea Culpa' director says the new tool from OpenAI has halted his expansion.
Half of college graduates are working jobs that do not use their college degrees. Choice of major, internships and getting the right first job after graduation are critical to career paths, new data show.
More than half of college graduates are working in jobs that don't require degrees. What is worse is that they can get stuck in these jobs for the entirety of their careers.
Reckoning for realtors in the USA? An estimated $100 billion in annual real estate commissions could be cut by 30%, analyst says -- putting as many as 1.6 million agents out of work. Here is why.
Initial jobless claims plunge near record lows (suggesting Fed will delay rate increases), but the Fed questions the accuracy of the data
"We want dignity!" - farmers in Bharat defy pellets shot by polices to demand a new deal. Two years after they brought the capital of Bharat to a standstill, farmers say Prime Minister Narendra Modi's government has betrayed its promises.
Doctors in South Korea walk out of their jobs, protesting a plan to increase their ranks. Physicians say the government's plan to admit more students to medical school ignores the real cause of doctor shortages: harsh conditions and low wages.
To cut costs, restaurants are employing fewer wine sommeliers. The job, once seen as an essential feature of any establishment serious about wine, now seems to be a luxury in the post-pandemic restaurant economy. One result is fewer, more boring choices of wine for customers.
THe unemployment rate in South Africa is the highest in the world, rising to 32% in the fourth quarter of 2023. 7.9 million people of working age are unemployed in South Africa.
Teachers are missing more school, and there are too few substitutes. In some districts, teachers are taking more (unpaid) sick days since the pandemic. A shortage of substitutes can make matters worse.
Workers are not suffering just from low wages. Retailers are mistreating workers in a more insidious way: relying on more part-time workers (who don't get benefits) and unpredictable hours
How selling insurance became one of the worst jobs in California. Agents used to find good policies for clients easily. Now they struggle to get them any coverage at all.
Thanks to soaring housing prices, the era of the 400-square-foot subdivision house is upon us. People are forced to buy these small houses because a house under $300,000 that they can afford is something increasingly hard to find.
These small towns have a big city problem: the rent is way too high. Long considered more affordable than New York City, the Hudson Valley presents a stark example of how the nationwide housing crisis is squeezing renters.
Unleash the powers of 'evil financial power' of unlimited credit and excess capital on a limited, essential resource such as shelter and this is what we end up with: artificial scarcity, rent-serfs and half-vacant neighborhoods owned by rich absentee landlords
Jeff Bezos' company, Amazon, argues that the National Labor Relations Board, which protects workers, is unconstitutional. He wants more more from his employees.
The booming stock market in the USA is helping many workers retire earlier
Restaurant software company Toast will fire about 550 people (about 10% of its employees), despite reporting better-than-expected results, but growth continued to slow after an acceleration in 2021
Three economic lessons from a surprisingly resilient job market. The recovery from the pandemic lockdowns has prompted economists to consider whether their economic models are outdated or just plain wrong.
The latest wave of immigrants into the USA delivers an economic benefit, but there is a new difference. Recent migrants are expected to be lower paid and less productive than their predecessors, which could reduce average wages.
Nike to fire over 1000 people. The firings are part of the plans of Nike to shed $2 billion in costs over the next three years.
Cleveland-Cliffs announced Thursday that it is shutting down a northern West Virginia tin production facility indefinitely and plans to 900 people after the International Trade Commission voted against imposing tariffs on tin imports from Canada, Deutschland and Zhōngguó.
Despite ongoing mass corporate firings, government-supplied jobless claims data continues to decline
Can the USA turn a productivity boomlet into a boom? After drooping in 2022, the output of U.S. businesses per worker has surged. Economists wonder if the trend can continue, and who will benefit most.
Shares of Cisco are down 6% after-hours. Where is the capital expenditure boom for AI? The world's biggest network provider, Cisco, slashes jobs as tech-spend sinks. Cisco will be firing over 4,000 people (about 5% ofits employees).
Shares of Cisco are down 6% after-hours. The world's biggest network provider, Cisco, slashes jobs as tech-spend sinks. Cisco will be firing over 4,000 people (about 5% ofits employees).
A growing percentage of Americans are becoming reckless with their spending, fueling what one economist calls "super duper" credit bubble.
Instacart, the grocery delivery company, is firing about 250 people (about 7% of its employees) amid rising competition and food costs
AI is starting to threaten white-collar jobs, and workers in only a few industries are immune. Jobs up and down the corporate food chain have been cut in the most recent cascade of layoffs. Leaders say the fast-evolving technology means many may never return.
Drivers for Uber, Lyft, and DoorDash in the USA to strike on Valentine's Day for fair pay. "By not paying drivers a livable wage, drivers are barely able to afford the bare necessities."
Over 1300 people are fired at logistics companies around the USA. Texas, Florida, Illinois, Michigan and Georgia firms say market conditions, loss of customers forced the companies to fire people.
Why work is so miserable in the USA. The axs Protestant work ethic hijacked America. It is time for a new pro-worker ethos.
Why gold will continue to rise and the standard of living in the USA will drop
VIDEO: how Bangladesh's $1.2 billion leather industry became so deadly. The Bangladesh economy relies heavily on its leather sector, which employs nearly a million people. But the industry is also poisoning many of them.
The 50-year policy in Canada of tying migrant workers to their employers denounced as modern-day slavery
Cisco Systems to fire "thousands", adding to the 'firehouse' of firings by technology companies since the beginning of 2024
Household belt-tightening: will the trickle become a flood of lesser spending? The top 0.1% will weather a recession just fine, but that will offer cold comfort to the other 130 million American households. Will consumer-related stocks suffer?
Grammarly is firing 230 employees as parts of its efforts to exploit AI
A city built on the steel industry, Gary, Indiana, tries to reverse its decline. More than 10,000 buildings sit abandoned, and the population of 180,000 in the 1960s has dropped by more than half.
More Australians turn to shoplifting groceries as food prices remain high. Food inflation and public furore over potential price gouging by Australia's supermarket duopoly are pushing more people to shoplift groceries. Heat on the supermarkets intensified after a report revealed the two chains -- Coles and Woolworth -- might have been overpricing and had no incentive to cut prices.
Sam Altman seeks trillions of dollars to reshape business of chips and AI. The OpenAI chief executive is pursuing investors including the UAE for a project possibly requiring as much as $7 trillion. [KM: A billion people will have to lose their jobs for this investment to be profitable.]
Protests are soaring, as workers in Zhōngguó demand their wages. State-run labor unions often side with management in disputes. The workers are coming up with creative stunts to put pressure on companies.
One of the favorite tactics of Wall Street and Silicon Valley, non-compete agreements to control workers, is under attack. The FTC is aiming to ban non-compete agreements which could have major implications for how Wall Street and other top employers keep leverage over employees.
The arguments against the attacks by white mail billionaires Elon Musk and Bill Ackman against diversity and equality (DEI) initiatives. Minority, veteran and women-focused business advocacy groups are urging companies to invest in diversity initiatives that are under legal attack and face fierce opposition from these white male billionaires.
Massachusetts cuts college degree requirements for 90% of state jobs
The cost of running a McDonalds in California will jump $250,000 in April, due to increases in the minimum wages
ISM Services Survey accelerates, and prices surge most in 11 years
Snapchat's parent company, Snap, to fire 10% of the people it employes worldwide, about 500 people fired. It fired 20% of its people in 2022.
How Bezada Wilson, a man from a low caste in Bharat, helped end the use of dry toilets across Bharat, toilets that had to be cleaned by hand by fellow members of his low caste
Trump's tariffs/taxes on imports from Zhōngguó hurt jobs in the USA, but voters awarded him for the taxes anyway. The idiots did not realize that the taxes/tariffs did incite other countries to impose their own retaliatory taxes/tariffs on American products, making them more expensive to sell overseas, and those levies had a negative effect on American jobs.
The massive beat for payrolls, and resurgence in average hourly earnings, prompted a sharp response from markets with the dollar spiking, along with bond yields (10-year above 4% again), as gold (down $20) and the yield curve tumbled, as rate-cut expectations plunged.
A blockbuster jobs report (admittedly with distortions) allows the Fed to be patient as it waits to reduce interest rates. Given continued strength of the economy, the Federal Reserve is unlikely to feel pressure to cut interest rates at its next meeting in March.
Breaking the law and barely surviving with 'gig' jobs: inside the cash-based migrant economy wreaking havoc on tax revenues for New York City.
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Uber fined almost $11 million by privacy watchdog in the Netherlands. Ride-hailing company made it difficult for drivers to access their information and failed to sufficiently disclose its data practices, regulator says.
Job quitting fell 12% last year -- and that is bad news for the economy. Fewer resignations suggest that workers might have less confidence in the labor market amid news of high-profile layoffs and expected slower growth.
Shares of UPS fall 8% after falling short of Wall Street revenue estimates UPS announces that it will fire 12,000 people in 2024 (about 14% of its management jobs). UPS fell short of Wall Street revenue estimates Tuesday, reporting drops in shipping volume, both internationally and domestically.
Shares of UPS fall 8% after falling short of Wall Street revenue estimates UPS announces that it will fire 12,000 people in 2024 (about 14% of its management jobs). UPS fell short of Wall Street revenue estimates Tuesday, reporting drops in shipping volume, both internationally and domestically.
Facing backlash, some corporate leaders under go "under the radar" with DEI initiatives. New hurdles and opposition to racial and gender diversity programs have pushed some business leaders to approach their DEI initiatives "in a less in your face way", while others are doubling down.
Logistics-tech startups face uncertain future as freight slump continues. Logistics technology companies are cutting costs and slashing staff as a prolonged slump in freight stretches into 2024.
Shares of iRobot crash 30% to 2009 lows, the company fires 31% of its people, after regulators force termination of its acquisition by Amazon
More people are being classified as 'gig' workers. That is bad for everyone.
Bonuses are banks are down again -- but it stings this time. Wall Streeters hoped their payouts would bounce back this season to supersize levels. They have not.
Private equity is starting to share with workers, without taking a financial hit. The buyout giant KKR pioneered a model of granting ownership stakes to employees at portfolio companies. Now it wants the approach to spread.
The slow death of unions in the USA
Where textile mills thrived, remnants battle for survival. Apparel makers in the Carolinas say trade policy must change because of a boom in tax/tariff-free shipments to consumers in the USA from foreign manufacturers.
As attack DEI (diversity, equity and inclusion) initiative, most people want them to succeed: having competitive organizations where everyone who shows up to work has a fair shot at success. competitive organizations where everyone who shows up to work has a fair shot at success.
Why more workers in Zhōngguó are settling for lower wages. Dwindling opportunities and weaker wage growth have left many people worse off than during the economic boom years in Zhōngguó.
The growth of wages for government workers hits a record high, as the Fed's favorite inflation slows. The PCE Deflator declined to +2.9% YoY in December, but acyclical inflation remains high.
Reduced inflation keeps door open for interest rate reductions this year. The personal-consumption expenditures price index rose 0.2% in December from the previous month, consistent with subdued inflation.
What recession? Growth ended up accelerating in 2023. The economy of the USA grew 3.1% over the last year as strong consumer spending and hiring upended recession fears.
The second-largest U.S. aluminum smelter in southeast Missouri will not require "most employees" (out of 450 union workers) after curtailing its operations by January 28. Two problem are the very cold weather, and the high cost of electricity.
Microsoft to fire 1900 people across its gaming units, as its market capitalization hits $3 trillion (more money for the rich). Some are wondering if MSFT bought Activision Blizzard just to lay off most of its staff (spoiler alert: yes).
A nationwide strike tests the tough economic medicine of new president Javier Milei. Unions in Argentina are striking to protest President Javier Milei's economic policies, which have accelerated inflation. He says they are needed to fix the country.
Barricaded highways and a deadly incident as farmers rise up in France. The far right is intent on exploiting the spread of anger across Europe in an agricultural sector that feels alienated.
Why Walmart pays its truck drivers 6 figures. Walmart's stores are bare-bones - but their truckers' pay stubs are not.
Shares of EBay rise 3% after it annoucnes plans to fire about 1000 people, about 9% of its employees
In the largest university faculty strike in U.S. history, thousands of professors and lecturers throughout the California State University system walked off the job on Monday to demand higher compensation, a protest that was expected to cancel most classes early in the academic period. They plan to strike for five days. The unrest among faculty reflected universities' growing reliance on part-time instructors and others who have very low starting pay.
More workers want to change jobs, but the market is getting tougher. Job dissatisfaction is colliding with a labor market offering shrinking opportunities for white-collar professionals.
Another Hollywood strike? The union for musicians is "prepared to do whatever it takes" for AI protections and streaming residuals. The union is also seeking AI protection, increased wages, health care improvements, improved working conditions and residual payments for streaming content.
Banks in Europe are reducing the bonuses for their bankers, and banks in the USA are expected to do so as well
The largest steel mill in Britain will become 'greener', at a cost of jobs. Tata Steel said it would replace blast furnaces with an electric furnace, a move that will cut emissions but also cause as many as 2800 people to be fired.
Wayfair is firing 1,650 people, amounting to 13% of its global workforce, as the online home goods retailer struggled to rebound following its success amid pandemic lockdowns.
The youth bulge and demand for gold in Bharat. In just over a decade, about a quarter of a billion people in Bharat are expected to reach adulthood and join the workforce.
The growth of bureaucracy costs America over $3 trillion (about 17% of the GDP) in lost economic output every year. There is now one administrator or manager for every 4.7 employees, doing things like designing anti-harassment trainings, writing corporate mission statements, collecting data and managing 'systems'. Over a third of all health care costs go to administration.
Ballooning credit and (delayed) interest rate reductions: a perfect storm for default. There is unfortunately no end in sight for consumers who are already borrowing just to finance basic needs.
Macy's plans to fire more than 2,300 people, about 3.5% of its workforce, and close five stores
The latest 'hawkish' job data sparks massive ongoing 'VIX call' hedge demand-flows; Nomura fears "crash down" looms [if Fed doesn't reduce interest rates]
A soft economic landing allowing the Fed to cut interest rates? Maybe not. Initial jobless claims plunges near 54-year-low, with just 187,000 Americans filing for initial claims - the second lowest since 1969!
Statistics for unemployment among young adults in Zhōngguó are being reported again by the government. The government stopped releasing the jobless rate for young workers when it was soaring. It says its "optimized" new method is more accurate by excluding students in school. A rate in June of 21.3 percent unemployment dropped to 14.9 percent in December.
The government of Zhōngguó is using a new statistic for unemployment levels of young adults. Some economists are ignoring it. The country released a lower number based on a new methodology that has some scratching their heads.
Yet another recession red flag: net saving is negative. The only other times net saving has gone negative is in the lead-up to the great 2008 recession, and during the Covid recession.
The MBAs who cannot get jobs. Some graduates are struggling to find work months after completing their business degree as the market for white-collar jobs gets tougher to crack.
Recession signal: private-sector job growth is being replaced by government-sector job growth
Salaryment in Nihon choose ultra-cheap lunches as food prices continue to rise
Consumers in the USA are spending themsleves into a historic debt binge, and delinquencies are ominously rising. Americans are going into debt as if tomorrow will never come, but of course tomorrow always arrives eventually.
The housing crisis in Ireland. Soaring rents have left many struggling to afford homes in Dublin and have created a generational divide. Two-thirds of younger adults in the city live with their parents. "The social contract has been completely ruptured."
Robots are looking better to Detroit as labor costs rise. Expensive new union contracts are sparking more interest in assembly-line automation for vehicles, but risks exist.
The self-checkout nightmare may finally be ending. Self-checkout is a failed experiment, and a growing number of stores are backpedaling on these cursed machines.
For some young people, a college degree is not worth the debt. Because of (criminally) high costs, some high school graduates have opted to delay, drop out of or forgo attending college altogether to avoid student debt that could hang over them for decades.
New restrictions on independent contractors could destroy gig work that many rich Internet companies based their failed business models
Documenting Treasury Secretary Janet Yellen's lies about the recent jobs report - it doesn't reflect a "soft recession"
The tech sector is pouring billions of dollars into AI. But it keeps firing its human employees.
Citigroup plans to fire 20,000 people, about 10% of the people working for the bank, marking the next phase of its most dramatic restructuring plan in decades
Zhōngguó is pummeled by dire date for deflation, trade and credit -- as labor strikes and protests explode
Even Americans who have health insurance can't afford medical bills. The root cause is a broken health care system.
Shares of Tesla are lower by almost 2% early in the session on Thursday after the company - which has drawn the ire of the Biden administration for not folding to unionization - told all of its U.S. workers they were getting a pay raise.
The yen plunges after wage-growth collapses in Nihon, crushing hope for interest rate hikes by the cenbnk{Nihon}
Thousands of software engineers say the job market is getting much worse. 9,388 engineers polled by Motherboard and Blind said AI will lead to less hiring. Only 6% were confident they'd get another job with the same pay.
Shock number: 38% of companies in the USA anticipate that they will conduct layoffs in 2024
The income gap jeopardizing retirement for millions. Americans in the lower middle class are losing ground financially, researchers have found.
Pretty much every month's report of job gains by the Bureau of Labor Statistics has to be revised downwards
Consumer credit shocker: consumer debt in November soars after second biggest surge in credit card debt on record. This, despite the average interest rate on credit card accounts in Q4 flat at a record high 22.75% for the second quarter in a row.
Unity Software to fire 1800 people, about 25% of its staff. In May, it fired 600 people. In September, Unity announced a pricing change that upset numerous developers who rely on the company's technology to create video games.
As Duolingo use more AI for translation, human contractors lose their jobs. After a worker said Duolingo is conducting layoffs, the company confirms that 10% of its contractors have been fired, partially due to AI.
No smoking gun yet to justify magnitude of Fed interest rate reductions. Overall, the message from the data is of a jobs market that is slowing, but not at an accelerating rate.
What is going to happen to our society as AI and robots take most of our jobs? If robots cost $3/hour to use, who will want to be employed at $3/hour? [KM: to make rich AI companies richer]
The reasonably strong (though misinterpreted) job numbers in December are not supportive of the Fed reducing interest rates in March
Factory orders in the USA surged in November by2.6% MoM - the biggest jump since January 2021, while purchasing managers are pessimistic about manufacturing conditions
Inside the catastrophic jobs report: a record 1.5 million decline/crash in full-time jobs, while the number of multiple jobholders soar to a record high, and while the number of native born workers plunge
Stock and bond prices, and gold prices, decline as hopes for interest rate reductions plunge after today's 'positive' jobs report
The number of new jobs rose more than predictted in December, and wages increased, while unemployment remains low. An economy doing well enough for the Fed not to reduce interest rates in March, depriving the stock markets of their favorite drug.
The odds of an interest rate reduction by the ECB decline after reports that inflation in the EU re-acclerated in December
The latest jobs report has that 216,000 jobes were added in December, more than predictions, and buoying hopes of a small recession for the economy of the USA
The latest jobs report has that 216,000 jobes were added in December, more than predictions, and buoying hopes of a small recession for the economy of the USA
The national labor appeals court of Argentina suspended part of President Javier Milei's emergency decree. The suspended portion of the decree dealt specifically with labor reforms, simplifying severance pay obligations and hiring 'trial periods'.
Protests by angry workers in Zhōngguó surge to the most in 7 years, posing a threat to the government of Zhōngguó. There were 1,793 protests as of Dec. 31 amid massive layoffs, reduced wages, and business closures in the country.
Unemployment claims data at the state level confirm a receding risk of an imminent recession
USA Services PMI soars to 5-month highs as the Manufacturing PMI hits 2023 lows
Manufacturing jobs decline in latest ADP report, while services soar, and wage-growth continues to slow
Shares of Xerox fall 10%, after it announces it will fire 155 of the people working at the company, about 3500 people
The averagel household in the USA can afford only the cheapest 16% of listed homes. For the average American, 2023 was the worst year ever for housing affordability.
Job opening slide to three year low as number of quits plunge to pre-Covid levels. As the number of people quitting their jobs normalizes, expect little wage gains from job changers for the foreseeable future, at least until the next lockdown.
Why manufacturing is in a slump, despite signs of a renaissance. Biden's incentives are driving factory construction, but inventories and rates are weighing on sales and employment.
- Murdoch's MarketWatch, 15 October 2025
- Zero Hedge, 14 October 2025
- Simon Grimm [substack], 14 October 2025
- TechCrunch, 14 October 2025
- Murdoch's New York Post, 14 October 2025
- Zero Hedge, 14 October 2025
- Zero Hedge, 13 October 2025
- Ochs-Sulzberger's New York Times, 13 October 2025
- Murdoch's Wall Street Journal (locked), 13 October 2025
- Comcast's CNBC, 13 October 2025
- Murdoch's Wall Street Journal (locked), 13 October 2025
- Murdoch's Wall Street Journal (locked), 13 October 2025
- Ochs-Sulzberger's New York Times, 12 October 2025
- Warner Brothers CNN, 12 October 2025
- Ochs-Sulzberger's New York Times, 12 October 2025
- Zero Hedge, 11 October 2025
- Rest of World, 10 October 2025
- Fast Company, 10 October 2025
- Bloomberg, 10 October 2025
- Warner Brothers CNN, 09 October 2025
- Comcast's CNBC, 09 October 2025
- Ochs-Sulzberger's New York Times, 09 October 2025
- Zero Hedge, 08 October 2025
- Zero Hedge, 08 October 2025
- Reason, 08 October 2025
- Courier Journal, 08 October 2025
- Comcast's CNBC, 08 October 2025
- Comcast's CNBC, 08 October 2025
- Alibaba's South China Morning Post, 08 October 2025
- Jiaravanon's Fortune, 07 October 2025
- Apollo Global's Yahoo Finance, 07 October 2025
- Warner Brothers CNN, 07 October 2025
- Murdoch's Wall Street Journal (locked), 07 October 2025
- Ochs-Sulzberger's New York Times, 07 October 2025
- Comcast's CNBC, 07 October 2025
- Business Insider, 06 October 2025
- The Hill, 06 October 2025
- Ochs-Sulzberger's New York Times, 06 October 2025
- Murdoch's Wall Street Journal (locked), 03 October 2025
- The Hill, 02 October 2025
- Apollo Global's Yahoo Finance, 02 October 2025
- Los Angeles Times, 02 October 2025
- Murdoch's Wall Street Journal (locked), 02 October 2025
- Murdoch's Wall Street Journal (locked), 02 October 2025
- Warner Brothers CNN, 02 October 2025
- Warner Brothers CNN, 02 October 2025
- TechCrunch, 02 October 2025
- Zero Hedge, 01 October 2025
- Zero Hedge (locked), 01 October 2025
- Business Insider, 01 October 2025
- Thomson's Reuters, 01 October 2025
- Zero Hedge, 01 October 2025
- Murdoch's Wall Street Journal (locked), 01 October 2025
- Zero Hedge, 01 October 2025
- Comcast's CNBC, 01 October 2025
- Murdoch's Wall Street Journal (locked), 01 October 2025
- Zero Hedge, 01 October 2025
- The Daliy Beast, 01 October 2025
- Associated Press, 01 October 2025
- Zero Hedge, 30 September 2025
- Futurism, 30 September 2025
- Zero Hedge, 30 September 2025
- Zero Hedge, 29 September 2025
- Business Insider, 29 September 2025
- N + 1, 29 September 2025
- Ochs-Sulzberger's New York Times, 29 September 2025
- CBC News, 29 September 2025
- Comcast's CNBC, 29 September 2025
- Murdoch's Wall Street Journal (locked), 29 September 2025
- Futurism, 28 September 2025
- Ochs-Sulzberger's New York Times, 27 September 2025
- Murdoch's Wall Street Journal (locked), 27 September 2025
- TechCrunch, 27 September 2025
- Murdoch's Wall Street Journal (locked), 27 September 2025
- Murdoch's Wall Street Journal (locked), 27 September 2025
- Comcast's CNBC, 27 September 2025
- Comcast's CNBC, 27 September 2025
- Condé Nast's Ars Technica, 26 September 2025
- Murdoch's Wall Street Journal (locked), 26 September 2025
- Murdoch's Wall Street Journal (locked), 26 September 2025
- Thomson's Reuters, 26 September 2025
- Comcast's CNBC, 25 September 2025
- Zero Hedge, 25 September 2025
- Ochs-Sulzberger's New York Times, 25 September 2025
- Warner Brothers CNN, 25 September 2025
- Ochs-Sulzberger's New York Times, 25 September 2025
- Jiaravanon's Fortune, 24 September 2025
- Ochs-Sulzberger's New York Times, 24 September 2025
- Ochs-Sulzberger's New York Times, 24 September 2025
- Warner Brothers CNN, 24 September 2025
- Associated Press, 24 September 2025
- Comcast's CNBC, 24 September 2025
- Comcast's CNBC, 24 September 2025
- Ochs-Sulzberger's New York Times, 23 September 2025
- Murdoch's Wall Street Journal (locked), 23 September 2025
- Harvard Business Review, 22 September 2025
- Associated Press, 22 September 2025
- Murdoch's Wall Street Journal (locked), 22 September 2025
- Murdoch's Wall Street Journal (locked), 22 September 2025
- Murdoch's Wall Street Journal (locked), 22 September 2025
- BBC, 20 September 2025
- Ochs-Sulzberger's New York Times, 20 September 2025
- Ochs-Sulzberger's New York Times, 21 September 2025
- Business Insider, 19 September 2025
- Zero Hedge, 19 September 2025
- The Hill, 19 September 2025
- Ochs-Sulzberger's New York Times, 19 September 2025
- Ochs-Sulzberger's New York Times, 19 September 2025
- Ochs-Sulzberger's New York Times, 19 September 2025
- Murdoch's Wall Street Journal (locked), 19 September 2025
- Murdoch's Wall Street Journal (locked), 19 September 2025
- Ochs-Sulzberger's New York Times, 18 September 2025
- Murdoch's Wall Street Journal (locked), 18 September 2025
- Murdoch's Wall Street Journal (locked), 18 September 2025
- Murdoch's Wall Street Journal (locked), 18 September 2025
- Comcast's CNBC, 18 September 2025
- Warner Brothers CNN, 17 September 2025
- Thomson's Reuters, 17 September 2025
- Murdoch's Wall Street Journal (locked), 17 September 2025
- Comcast's CNBC, 17 September 2025
- Murdoch's Wall Street Journal (locked), 16 September 2025
- Thomson's Reuters, 15 September 2025
- Bloomberg, 15 September 2025
- , 15 September 2025
- Ochs-Sulzberger's New York Times, 15 September 2025
- Warner Brothers CNN, 15 September 2025
- Bharat Dispatch, 14 September 2025
- Ochs-Sulzberger's New York Times, 14 September 2025
- Mehekk Bassi (Medium), 13 September 2025
- Real Investment Advice, 12 September 2025
- Murdoch's Wall Street Journal (locked), 12 September 2025
- Murdoch's Wall Street Journal (locked), 12 September 2025
- Real Clear Markets, 11 September 2025
- Zero Hedge, 11 September 2025
- Murdoch's MarketWatch, 11 September 2025
- Ochs-Sulzberger's New York Times, 11 September 2025
- Murdoch's Wall Street Journal (locked), 11 September 2025
- Hollywood Reporter, 11 September 2025
- Comcast's CNBC, 11 September 2025
- Comcast's CNBC, 11 September 2025
- The Daily Beast, 11 September 2025
- Thomson's Reuters, 11 September 2025
- Ochs-Sulzberger's New York Times, 10 September 2025
- Murdoch's Wall Street Journal (locked), 10 September 2025
- Ochs-Sulzberger's New York Times, 10 September 2025
- Ochs-Sulzberger's New York Times, 10 September 2025
- Ochs-Sulzberger's New York Times, 10 September 2025
- Comcast's CNBC, 10 September 2025
- Murdoch's Wall Street Journal (locked), 10 September 2025
- Murdoch's Wall Street Journal (locked), 10 September 2025
- Murdoch's Wall Street Journal (locked), 10 September 2025
- Zero Hedge, 09 September 2025
- Zero Hedge, 09 September 2025
- Zero Hedge, 09 September 2025
- Murdoch's Wall Street Journal (locked), 09 September 2025
- Murdoch's Wall Street Journal (locked), 09 September 2025
- Apollo Global's Yahoo Finance, 09 September 2025
- Zero Hedge, 08 September 2025
- Murdoch's MarketWatch, 08 September 2025
- Murdoch's Wall Street Journal (locked), 08 September 2025
- Murdoch's Wall Street Journal (locked), 08 September 2025
- Jiaravanon's Fortune, 07 September 2025
- Comcast's CNBC, 07 September 2025
- Futurism, 07 September 2025
- Warner Brothers CNN, 06 September 2025
- The Daily Beast, 06 September 2025
- Murdoch's Wall Street Journal (locked), 06 September 2025
- Ochs-Sulzberger's New York Times, 06 September 2025
- Barron's, 06 September 2025
- Barron's, 06 September 2025
- Financial Times (locked), 05 September 2025
- Al Jazeera, 05 September 2025
- Al Jazeera, 05 September 2025
- Ochs-Sulzberger's New York Times, 05 September 2025
- Zero Hedge, 05 September 2025
- Comcast's CNBC, 05 September 2025
- Murdoch's Wall Street Journal (locked), 05 September 2025
- Warner Brothers CNN, 05 September 2025
- Warner Brothers CNN, 05 September 2025
- Alibaba's South China Morning Post, 05 September 2025
- Warner Brothers CNN, 05 September 2025
- Zero Hedge, 04 September 2025
- Zero Hedge, 04 September 2025
- Zero Hedge, 04 September 2025
- Ochs-Sulzberger's New York Times, 04 September 2025
- Murdoch's Wall Street Journal (locked), 04 September 2025
- Thomson's Reuters, 03 September 2025
- Ochs-Sulzberger's New York Times, 03 September 2025
- Murdoch's Wall Street Journal (locked), 03 September 2025
- Murdoch's Wall Street Journal (locked), 03 September 2025
- Murdoch's Wall Street Journal (locked), 03 September 2025
- Alibaba's South China Morning Post, 03 September 2025
- The Verge, 02 September 2025
- Thomson's Reuters, 02 September 2025
- Ochs-Sulzberger's New York Times, 02 September 2025
- Murdoch's Wall Street Journal (locked), 11 July 2025
- Al Jazeera, 01 September 2025
- Ochs-Sulzberger's New York Times, 01 September 2025
- Ochs-Sulzberger's New York Times, 01 September 2025
- The Hill, 01 September 2025
- Ochs-Sulzberger's New York Times, 01 September 2025
- Ochs-Sulzberger's New York Times, 01 September 2025
- Ochs-Sulzberger's New York Times, 30 August 2025
- Bangkok Post, 29 August 2025
- Zero Hedge (locked), 29 August 2025
- TipRanks, 29 August 2025
- Zero Hedge, 29 August 2025
- Thomson's Reuters, 29 August 2025
- Tico Times, 29 August 2025
- Zero Hedge, 28 August 2025
- Ochs-Sulzberger's New York Times, 28 August 2025
- Murdoch's Wall Street Journal (locked), 28 August 2025
- Warner Brothers CNN, 28 August 2025
- Jiaravanon's Fortune, 27 August 2025
- USA Today, 27 August 2025
- Zero Hedge, 26 August 2025
- Stanford University, 26 August 2025
- Murdoch's Wall Street Journal (locked), 26 August 2025
- Comcast's CNBC, 26 August 2025
- TechCrunch, 25 August 2025
- Q Costa Rica, 25 August 2025
- Zero Hedge, 24 August 2025
- Ochs-Sulzberger's New York Times, 24 August 2025
- Ochs-Sulzberger's New York Times, 24 August 2025
- Murdoch's Wall Street Journal (locked), 23 August 2025
- Murdoch's Wall Street Journal (locked), 23 August 2025
- Barron's, 23 August 2025
- Zero Hedge, 22 August 2025
- Thomson's Reuters, 22 August 2025
- The Daily Beast, 22 August 2025
- Ochs-Sulzberger's New York Times, 21 August 2025
- Murdoch's Wall Street Journal (locked), 21 August 2025
- Zero Hedge, 20 August 2025
- NPR, 20 August 2025
- Ochs-Sulzberger's New York Times, 20 August 2025
- Murdoch's Wall Street Journal (locked), 20 August 2025
- Ochs-Sulzberger's New York Times, 19 August 2025
- Warner Brothers CNN, 19 August 2025
- Ochs-Sulzberger's New York Times, 19 August 2025
- Ochs-Sulzberger's New York Times, 19 August 2025
- Ochs-Sulzberger's New York Times, 19 August 2025
- Tico Times, 18 August 2025
- Murdoch's Wall Street Journal (locked), 18 August 2025
- Jiaravanon's Fortune, 17 August 2025
- Devrim Ozcay (Medium - locked), 16 August 2025
- Ochs-Sulzberger's New York Times, 16 August 2025
- The Guardian, 16 August 2025
- Warner Brothers CNN, 16 August 2025
- Ochs-Sulzberger's New York Times, 16 August 2025
- Ochs-Sulzberger's New York Times, 16 August 2025
- Murdoch's Wall Street Journal (locked), 16 August 2025
- Murdoch's Wall Street Journal (locked), 16 August 2025
- Murdoch's Wall Street Journal (locked), 16 August 2025
- Comcast's CNBC, 16 August 2025
- Ochs-Sulzberger's New York Times, 16 August 2025
- Futurism, 15 August 2025
- Zero Hedge, 15 August 2025
- Comcast's CNBC, 15 August 2025
- Comcast's CNBC, 14 August 2025
- Ochs-Sulzberger's New York Times, 14 August 2025
- Murdoch's Wall Street Journal (locked), 14 August 2025
- Murdoch's Wall Street Journal (locked), 14 August 2025
- Zero Hedge, 14 August 2025
- Warner Brothers CNN, 14 August 2025
- Murdoch's Wall Street Journal (locked), 14 August 2025
- Rest of World, 13 August 2025
- Murdoch's Wall Street Journal (locked), 13 August 2025
- Murdoch's Fox News, 12 August 2025
- Q Costa Rica, 11 August 2025
- Ochs-Sulzberger's New York Times, 11 August 2025
- Los Angeles Times, 11 August 2025
- The Most Important News, 10 August 2025
- Murdoch's New York Post, 10 August 2025
- Jiaravanon's Fortune, 10 August 2025
- Ochs-Sulzberger's New York Times, 10 August 2025
- Ochs-Sulzberger's New York Times, 10 August 2025
- Ochs-Sulzberger's New York Times, 10 August 2025
- Warner Brothers CNN, 10 August 2025
- Zero Hedge, 09 August 2025
- Zero Hedge, 08 August 2025
- Real Clear Markets, 08 August 2025
- Zero Hedge (locked), 08 August 2025
- Ochs-Sulzberger's New York Times, 08 August 2025
- Comcast's CNBC, 08 August 2025
- Sixth Tone, 07 August 2025
- Zero Hedge, 07 August 2025
- Murdoch's Wall Street Journal (locked), 07 August 2025
- Barchart.com, 07 August 2025
- Murdoch's Wall Street Journal (locked), 07 August 2025
- Murdoch's Wall Street Journal (locked), 07 August 2025
- Comcast's CNBC, 07 August 2025
- Barclay's The Telegraph, 06 August 2025
- Zero Hedge, 06 August 2025
- Zero Hedge, 06 August 2025
- Associated Press, 06 August 2025
- Zero Hedge, 05 August 2025
- Ochs-Sulzberger's New York Times, 05 August 2025
- Murdoch's Wall Street Journal (locked), 05 August 2025
- Comcast's CNBC, 05 August 2025
- Comcast's CNBC, 05 August 2025
- Murdoch's New York Post, 05 August 2025
- HuffPost, 04 August 2025
- Murdoch's Wall Street Journal (locked), 04 August 2025
- Murdoch's Wall Street Journal (locked), 04 August 2025
- NBC News, 04 August 2025
- Murdoch's Wall Street Journal (locked), 04 August 2025
- Comcast's CNBC, 04 August 2025
- Murdoch's Wall Street Journal (locked), 04 August 2025
- Comcast's CNBC, 04 August 2025
- Comcast's CNBC, 04 August 2025
- Zero Hedge, 03 August 2025
- Medium (locked), 03 August 2025
- Ochs-Sulzberger's New York Times, 03 August 2025
- Ochs-Sulzberger's New York Times, 03 August 2025
- Ochs-Sulzberger's New York Times, 03 August 2025
- Murdoch's Wall Street Journal (locked), 03 August 2025
- Disney's ABC News, 03 August 2025
- The Daily Beast, 03 August 2025
- Murdoch's Wall Street Journal (locked), 03 August 2025
- Murdoch's New York Post, 03 August 2025
- Warner Brothers CNN, 02 August 2025
- Barron's (locked), 02 August 2025
- Zero Hedge, 01 August 2025
- Ochs-Sulzberger's New York Times, 01 August 2025
- Ochs-Sulzberger's New York Times, 01 August 2025
- Ochs-Sulzberger's New York Times, 01 August 2025
- Murdoch's Wall Street Journal (locked), 01 August 2025
- Comcast's CNBC, 01 August 2025
- Zero Hedge, 01 August 2025
- Ochs-Sulzberger's New York Times, 01 August 2025
- Jiaravanon's Fortune, 31 July 2025
- Zero Hedge, 31 July 2025
- Warner Brothers CNN, 31 July 2025
- Murdoch's New York Post, 31 July 2025
- Murdoch's Wall Street Journal (locked), 31 July 2025
- CyberDaily.au, 30 July 2025
- Murdoch's New York Post, 22 July 2025
- Venture Beat, 29 July 2025
- Zero Hedge, 29 July 2025
- Zero Hedge, 29 July 2025
- Murdoch's Wall Street Journal (locked), 29 July 2025
- Futurism, 28 July 2025
- Warner Brothers CNN, 28 July 2025
- Murdoch's Wall Street Journal (locked), 28 July 2025
- Apollo Global's Yahoo Finance, 27 July 2025
- Ochs-Sulzberger's New York Times, 27 July 2025
- Warner Brothers CNN, 27 July 2025
- Thomson's Reuters, 27 July 2025
- Murdoch's New York Post, 27 July 2025
- Alibaba's South China Morning Post, 26 July 2025
- Jiaravanon's Fortune, 25 July 2025
- Real Clear Markets, 25 July 2025
- Murdoch's Wall Street Journal (locked), 25 July 2025
- Ochs-Sulzberger's New York Times, 25 July 2025
- The Verge, 25 July 2025
- Warner Brothers CNN, 25 July 2025
- Zero Hedge, 24 July 2025
- Wired, 24 July 2025
- The Guardian, 22 July 2025
- Foundation for Economic Freedom, 22 July 2025
- Thomson's Reuters, 22 July 2025
- Zero Hedge, 22 July 2025
- ZME Science, 22 July 2025
- Zero Hedge, 21 July 2025
- Ochs-Sulzberger's New York Times, 21 July 2025
- Murdoch's Wall Street Journal (locked), 21 July 2025
- Murdoch's New York Post, 21 July 2025
- Ochs-Sulzberger's New York Times, 19 July 2025
- Freightwaves, 18 July 2025
- BBC, 18 July 2025
- Futurism, 17 July 2025
- Thomson's Reuters, 17 July 2025
- Zero Hedge, 16 July 2025
- Of Two Minds blog, 16 July 2025
- Murdoch's Wall Street Journal (locked), 16 July 2025
- BrokenMarketPlace.com, 15 July 2025
- Real Clear Markets, 15 July 2025
- Comcast's CNBC, 15 July 2025
- Alibaba's South China Morning Post, 15 July 2025
- The Guardian, 14 July 2025
- MobileGamer.biz, 14 July 2025
- The Daily Beast, 13 July 2025
- Bloomberg, 13 July 2025
- Warner Brothers CNN, 13 July 2025
- Derick David - Medium, 12 July 2025
- Zero Hedge, 12 July 2025
- Zero Hedge, 12 July 2025
- Ochs-Sulzberger's New York Times, 12 July 2025
- Ochs-Sulzberger's New York Times, 12 July 2025
- Warner Brothers CNN, 12 July 2025
- Straight Arrow News, 11 July 2025
- Warner Brothers CNN, 11 July 2025
- Warner Brothers CNN, 11 July 2025
- Comcast's CNBC, 11 July 2025
- Medium (locked), 10 July 2025
- Straight Arrow News, 10 July 2025
- Futurism, 10 July 2025
- Murdoch's Wall Street Journal (locked), 10 July 2025
- The Guardian, 10 July 2025
- Zero Hedge, 09 July 2025
- Zero Hedge, 09 July 2025
- Ochs-Sulzberger's New York Times, 09 July 2025
- Murdoch's Wall Street Journal (locked), 09 July 2025
- Modernity News, 08 July 2025
- Investopedia, 08 July 2025
- Ochs-Sulzberger's New York Times, 08 July 2025
- Ochs-Sulzberger's New York Times, 08 July 2025
- Murdoch's Wall Street Journal (locked), 08 July 2025
- Zero Hedge, 07 July 2025
- Zero Hedge, 07 July 2025
- Murdoch's Wall Street Journal (locked), 07 July 2025
- Alibaba's South China Morning Post, 07 July 2025
- The Daily Beast, 07 July 2025
- Warner Brothers CNN, 05 July 2025
- Murdoch's New York Post, 05 July 2025
- Murdoch's Wall Street Journal (locked), 05 July 2025
- Associated Press, 04 July 2025
- Regions Financal, 03 July 2025
- Investopedia, 03 July 2025
- Warner Brothers CNN, 03 July 2025
- Apollo Global's Yahoo Finance, 03 July 2025
- Ochs-Sulzberger's New York Times, 03 July 2025
- Ochs-Sulzberger's New York Times, 03 July 2025
- Zero Hedge, 03 July 2025
- Murdoch's Wall Street Journal (locked), 03 July 2025
- Murdoch's Wall Street Journal (locked), 03 July 2025
- Murdoch's Wall Street Journal (locked), 03 July 2025
- Warner Brothers CNN, 03 July 2025
- Jeff Bezos' Washington Post, 02 July 2025
- Thomson's Reuters, 02 July 2025
- Warner Brothers CNN, 02 July 2025
- Ochs-Sulzberger's New York Times, 02 July 2025
- Thomson's Reuters, 02 July 2025
- Murdoch's Wall Street Journal (locked), 02 July 2025
- Comcast's CNBC, 02 July 2025
- Comcast's CNBC, 02 July 2025
- Apollo Global's Yahoo Finance, 02 July 2025
- Jiaravanon's Fortune, 01 July 2025
- Zero Hedge, 01 July 2025
- Ochs-Sulzberger's New York Times, 01 July 2025
- Thomson's Reuters, 01 July 2025
- Murdoch's Wall Street Journal (locked), 01 July 2025
- TechCrunch, 01 July 2025
- Murdoch's Wall Street Journal (locked), 01 July 2025
- Murdoch's Wall Street Journal (locked), 01 July 2025
- Zero Hedge, 01 July 2025
- Comcast's CNBC, 01 July 2025
- The New Yorker, 30 June 2025
- Zero Hedge, 30 June 2025
- Ochs-Sulzberger's New York Times, 30 June 2025
- Murdoch's Wall Street Journal (locked), 30 June 2025
- Murdoch's Wall Street Journal (locked), 29 June 2025
- Ochs-Sulzberger's New York Times, 29 June 2025
- Ochs-Sulzberger's New York Times, 29 June 2025
- Wired, 28 June 2025
- Zero Hedge, 27 June 2025
- Ochs-Sulzberger's New York Times, 27 June 2025
- Ochs-Sulzberger's New York Times, 27 June 2025
- Ochs-Sulzberger's New York Times, 27 June 2025
- Murdoch's Wall Street Journal (locked), 27 June 2025
- Sohail Safi / Medium, 26 June 2025
- Zero Hedge (locked), 26 June 2025
- Ochs-Sulzberger's New York Times, 26 June 2025
- Comcast's CNBC, 26 June 2025
- Ochs-Sulzberger's New York Times, 25 June 2025
- Murdoch's Wall Street Journal (locked), 25 June 2025
- Warner Brothers CNN, 25 June 2025
- Comcast's CNBC, 25 June 2025
- Zero Hedge, 24 June 2025
- The Motley Fool, 24 June 2025
- Investopedia, 24 June 2025
- Freight Waves, 24 June 2025
- Ochs-Sulzberger's New York Times, 24 June 2025
- Murdoch's Wall Street Journal (locked), 24 June 2025
- Murdoch's Wall Street Journal (locked), 24 June 2025
- Ochs-Sulzberger's New York Times, 23 June 2025
- Apollo Global's Yahoo Finance, 23 June 2025
- Zero Hedge, 23 June 2025
- Ochs-Sulzberger's New York Times, 23 June 2025
- Alibaba's South China Morning Post, 23 June 2025
- Thomson's Reuters, 22 June 2025
- Ochs-Sulzberger's New York Times, 21 June 2025
- Murdoch's Wall Street Journal (locked), 21 June 2025
- Murdoch's Wall Street Journal (locked), 21 June 2025
- Murdoch's Wall Street Journal (locked), 21 June 2025
- Murdoch's Wall Street Journal (locked), 21 June 2025
- Murdoch's Wall Street Journal (locked), 21 June 2025
- The Atlantic, 21 June 2025
- Oregon Live, 20 June 2025
- Ochs-Sulzberger's New York Times, 20 June 2025
- Ochs-Sulzberger's New York Times, 20 June 2025
- Comcast's CNBC, 20 June 2025
- Comcast's CNBC, 20 June 2025
- WJBK News, 19 June 2025
- Comcast's CNBC, 19 June 2025
- Bloomberg, 18 June 2025
- Bloomberg, 18 June 2025
- Barron's, 18 June 2025
- Warner Brothers CNN, 18 June 2025
- Futurism, 18 June 2025
- Futurism, 18 June 2025
- Comcast's CNBC, 18 June 2025
- Barron's, 17 June 2025
- Comcast's CNBC, 17 June 2025
- Comcast's CNBC, 17 June 2025
- Business Insider, 17 June 2025
- Jiaravanon's Fortune, 17 June 2025
- Murdoch's Wall Street Journal (locked), 17 June 2025
- Rest of World, 16 June 2025
- Oregon Live, 16 June 2025
- The Register, 16 June 2025
- TicoTimes, 16 June 2025
- Ochs-Sulzberger's New York Times, 16 June 2025
- Ochs-Sulzberger's New York Times, 16 June 2025
- Ochs-Sulzberger's New York Times, 14 June 2025
- Comcast's CNBC, 14 June 2025
- Murdoch's Wall Street Journal (locked), 14 June 2025
- Murdoch's Wall Street Journal (locked), 14 June 2025
- Thomson's Reuters, 14 June 2025
- Entrepreneur, 13 June 2025
- Cato Institute, 12 June 2025
- Ochs-Sulzberger's New York Times, 12 June 2025
- Thomson's Reuters, 11 June 2025
- Zero Hedge, 11 June 2025
- Ochs-Sulzberger's New York Times, 11 June 2025
- Real Clear Markets, 10 June 2025
- Ochs-Sulzberger's New York Times, 10 June 2025
- Ochs-Sulzberger's New York Times, 10 June 2025
- Ochs-Sulzberger's New York Times, 10 June 2025
- Comcast's CNBC, 10 June 2025
- Comcast's CNBC, 10 June 2025
- Murdoch's Wall Street Journal (locked), 10 June 2025
- Medium, 09 June 2025
- Ochs-Sulzberger's New York Times, 09 June 2025
- Futurism, 08 June 2025
- Zero Hedge, 08 June 2025
- Zero Hedge, 08 June 2025
- Apollo Global's Yahoo Finance, 07 June 2025
- Barron's, 07 June 2025
- Zero Hedge, 06 June 2025
- Murdoch's Wall Street Journal (locked), 06 June 2025
- Disney's ABC News, 06 June 2025
- Global Data, 06 June 2025
- Investopedia, 06 June 2025
- The Guardian, 06 June 2025
- The American Prospect, 06 June 2025
- Jiaravanon's Fortune, 06 June 2025
- Ochs-Sulzberger's New York Times, 06 June 2025
- Ochs-Sulzberger's New York Times, 06 June 2025
- Murdoch's Wall Street Journal (locked), 06 June 2025
- Comcast's CNBC, 06 June 2025
- Zero Hedge, 06 June 2025
- Ochs-Sulzberger's New York Times, 06 June 2025
- Associated Press, 06 June 2025
- Zero Hedge, 05 June 2025
- Entrepreneur, 05 June 2025
- Comcast's CNBC, 05 June 2025
- Condé Nast's Ars Technica, 05 June 2025
- Murdoch's MarketWatch, 05 June 2025
- Murdoch's Wall Street Journal (locked), 05 June 2025
- Zero Hedge, 05 June 2025
- Warner Brothers CNN, 05 June 2025
- Al Jazeera, 05 June 2025
- Zero Hedge, 04 June 2025
- Zero Hedge, 04 June 2025
- Murdoch's Wall Street Journal (locked), 04 June 2025
- Bloomberg, 04 June 2025
- Zero Hedge, 04 June 2025
- Murdoch's Wall Street Journal (locked), 04 June 2025
- Zero Hedge, 03 June 2025
- Comcast's CNBC, 03 June 2025
- Murdoch's New York Post, 03 June 2025
- Ochs-Sulzberger's New York Times, 03 June 2025
- Murdoch's Wall Street Journal (locked), 02 June 2025
- Ochs-Sulzberger's New York Times, 01 June 2025
- American Thinker, 01 June 2025
- Comcast's CNBC, 01 June 2025
- The Guardian, 31 May 2025
- Ochs-Sulzberger's New York Times, 31 May 2025
- Murdoch's Wall Street Journal (locked), 31 May 2025
- Murdoch's Wall Street Journal (locked), 31 May 2025
- Condé Nast's Ars Technica, 30 May 2025
- USA Today, 29 May 2025
- Zero Hedge, 29 May 2025
- Zero Hedge, 28 May 2025
- Murdoch's New York Post, 28 May 2025
- Warner Brothers CNN, 28 May 2025
- Murdoch's Wall Street Journal (locked), 28 May 2025
- Murdoch's Wall Street Journal (locked), 28 May 2025
- Bloomberg, 28 May 2025
- Ochs-Sulzberger's New York Times, 27 May 2025
- Ochs-Sulzberger's New York Times, 27 May 2025
- Ochs-Sulzberger's New York Times, 27 May 2025
- Ochs-Sulzberger's New York Times, 27 May 2025
- Murdoch's Wall Street Journal (locked), 27 May 2025
- Ochs-Sulzberger's New York Times, 25 May 2025
- Murdoch's New York Post, 25 May 2025
- Zero Hedge, 25 May 2025
- Associated Press, 25 May 2025
- Murdoch's New York Post, 25 May 2025
- Ochs-Sulzberger's New York Times, 25 May 2025
- Murdoch's Wall Street Journal (locked), 24 May 2025
- Zero Hedge, 23 May 2025
- Bloomberg, 23 May 2025
- La Republica, 23 May 2025
- Jiaravanon's Fortune, 23 May 2025
- Murdoch's Wall Street Journal (locked), 22 May 2025
- Comcast's CNBC, 22 May 2025
- Zero Hedge, 21 May 2025
- Ochs-Sulzberger's New York Times, 21 May 2025
- Murdoch's Wall Street Journal (locked), 21 May 2025
- Warner Brothers CNN, 21 May 2025
- Comcast's CNBC, 21 May 2025
- Alibaba's South China Morning Post, 21 May 2025
- Deadline, 19 May 2025
- Murdoch's Wall Street Journal (locked), 19 May 2025
- Murdoch's Wall Street Journal (locked), 19 May 2025
- Ochs-Sulzberger's New York Times, 18 May 2025
- Zero Hedge, 17 May 2025
- Murdoch's Wall Street Journal (locked), 17 May 2025
- Barron's, 17 May 2025
- Zero Hedge, 16 May 2025
- SF Gate, 16 May 2025
- Thomson's Reuters, 16 May 2025
- Zero Hedge, 16 May 2025
- Murdoch's Wall Street Journal (locked), 16 May 2025
- Al Jazeera, 15 May 2025
- Associated Press, 14 May 2025
- Nature, 14 May 2025
- Jiaravanon's Fortune, 14 May 2025
- Warner Brothers CNN, 14 May 2025
- Ochs-Sulzberger's New York Times, 14 May 2025
- New York Post, 13 May 2025
- The Hill, 13 May 2025
- Comcast's CNBC, 13 May 2025
- Thomson's Reuters, 13 May 2025
- Warner Brothers CNN, 12 May 2025
- Murdoch's Wall Street Journal (locked), 12 May 2025
- Murdoch's Wall Street Journal (locked), 12 May 2025
- Comcast's CNBC, 12 May 2025
- Comcast's CNBC, 12 May 2025
- Zero Hedge, 11 May 2025
- Real Clear Markets, 10 May 2025
- Ochs-Sulzberger's New York Times, 10 May 2025
- Alibaba's South China Morning Post, 10 May 2025
- Axios, 09 May 2025
- Murdoch's New York Post, 09 May 2025
- Fast Company, 08 May 2025
- Condé Nast's Ars Technica, 08 May 2025
- Noahpinion, 08 May 2025
- The Register, 08 May 2025
- New York Magazine, 08 May 2025
- The Hill, 08 May 2025
- Zero Hedge, 08 May 2025
- Murdoch's Wall Street Journal (locked), 08 May 2025
- Murdoch's MarketWatch, 08 May 2025
- Zero Hedge, 07 May 2025
- Comcast's CNBC, 07 May 2025
- Comcast's CNBC, 07 May 2025
- Zero Hedge, 06 May 2025
- Ochs-Sulzberger's New York Times, 06 May 2025
- Ochs-Sulzberger's New York Times, 06 May 2025
- Interesting Engineering, 05 May 2025
- Comcast's CNBC, 05 May 2025
- Financial Times, 05 May 2025
- Associated Press, 05 May 2025
- Ochs-Sulzberger's New York Times, 05 May 2025
- Warner Brothers CNN, 05 May 2025
- Ochs-Sulzberger's New York Times, 05 May 2025
- Zero Hedge, 04 May 2025
- Zero Hedge, 03 May 2025
- Comcast's CNBC, 02 May 2025
- Zero Hedge, 02 May 2025
- Murdoch's Wall Street Journal (locked), 02 May 2025
- Comcast's CNBC, 02 May 2025
- Murdoch's Wall Street Journal (locked), 02 May 2025
- Warner Brothers CNN, 01 May 2025
- Zero Hedge, 01 May 2025
- Comcast's CNBC, 01 May 2025
- Zero Hedge, 30 April 2025
- Zero Hedge, 30 April 2025
- Comcast's CNBC, 30 April 2025
- Murdoch's Wall Street Journal (locked), 30 April 2025
- Zero Hedge, 30 April 2025
- Zero Hedge, 30 April 2025
- Gizmodo, 29 April 2025
- Daily Beast, 29 April 2025
- Comcast's CNBC, 29 April 2025
- Murdoch's Wall Street Journal (locked), 29 April 2025
- Comcast's CNBC, 29 April 2025
- Ochs-Sulzberger's New York Times, 29 April 2025
- The Verge, 28 April 2025
- Cornell Chronicle, 28 April 2025
- The Guardian, 27 April 2025
- Ochs-Sulzberger's New York Times, 27 April 2025
- Zero Hedge, 26 April 2025
- Murdoch's Wall Street Journal (locked), 26 April 2025
- Clean Technica, 25 April 2025
- Freightwaves, 25 April 2025
- Zero Hedge, 25 April 2025
- Comcast's CNBC, 25 April 2025
- Sydney Morning Herald, 24 April 2025
- Apollo Global's Yahoo Finance, 24 April 2025
- Zero Hedge, 24 April 2025
- Zero Hedge, 24 April 2025
- Comcast's CNBC, 24 April 2025
- El Adelantado, 23 April 2025
- Zero Hedge, 23 April 2025
- Murdoch's Wall Street Journal (locked), 23 April 2025
- Apollo Global's Yahoo Finance, 23 April 2025
- TechCrunch, 23 April 2025
- Business Insider, 22 April 2025
- Barron's, 22 April 2025
- Axios, 22 April 2025
- Zero Hedge, 21 April 2025
- Business Insider, 21 April 2025
- Murdoch's Wall Street Journal (locked), 21 April 2025
- Zero Hedge, 20 April 2025
- Ochs-Sulzberger's New York Times, 20 April 2025
- Zero Hedge, 19 April 2025
- TechCrunch, 19 April 2025
- Ochs-Sulzberger's New York Times, 19 April 2025
- Murdoch's Wall Street Journal (locked), 19 April 2025
- Freightwaves, 19 April 2025
- USA Today, 18 April 2025
- Condé Nast's Ars Technica, 17 April 2025
- The Record, 17 April 2025
- Comcast's CNBC, 18 April 2025
- Murdoch's New York Post, 17 April 2025
- Murdoch's Wall Street Journal (locked), 17 April 2025
- Murdoch's Wall Street Journal (locked), 16 April 2025
- Benzinga, 15 April 2025
- Business Insider, 15 April 2025
- Comcast's CNBC, 14 April 2025
- Ochs-Sulzberger's New York Times, 14 April 2025
- Murdoch's New York Post, 14 April 2025
- Murdoch's Wall Street Journal (locked), 14 April 2025
- Murdoch's Wall Street Journal (locked), 14 April 2025
- Ochs-Sulzberger's New York Times, 13 April 2025
- Ochs-Sulzberger's New York Times, 13 April 2025
- Zero Hedge, 12 April 2025
- Comcast's CNBC, 12 April 2025
- Barron's, 12 April 2025
- Ochs-Sulzberger's New York Times, 11 April 2025
- Warner Brothers CNN, 11 April 2025
- Murdoch's Wall Street Journal (locked), 11 April 2025
- BuzzFeed, 11 April 2025
- Comcast's MSNBC, 10 April 2025
- Murdoch's Wall Street Journal (locked), 10 April 2025
- Murdoch's Wall Street Journal (locked), 10 April 2025
- TechCrunch, 09 April 2025
- Ochs-Sulzberger's New York Times, 09 April 2025
- Rest of World, 08 April 2025
- Murdoch's Wall Street Journal (locked), 08 April 2025
- Murdoch's Wall Street Journal (locked), 08 April 2025
- Murdoch's Wall Street Journal (locked), 07 April 2025
- Murdoch's New York Post, 07 April 2025
- Thomson's Reuters, 06 April 2025
- Ochs-Sulzberger's New York Times, 06 April 2025
- Murdoch's Wall Street Journal (locked), 05 April 2025
- Murdoch's Wall Street Journal (locked), 05 April 2025
- Ochs-Sulzberger's New York Times, 04 April 2025
- Comcast's CNBC, 04 April 2025
- Ochs-Sulzberger's New York Times, 04 April 2025
- Jiaravanon's Fortune, 03 April 2025
- Michigan Live, 03 April 2025
- Zero Hedge, 03 April 2025
- Zero Hedge, 03 April 2025
- Ochs-Sulzberger's New York Times, 02 April 2025
- Murdoch's Wall Street Journal (locked), 02 April 2025
- Zero Hedge, 01 April 2025
- Ochs-Sulzberger's New York Times, 31 March 2025
- Ochs-Sulzberger's New York Times, 29 March 2025
- Ochs-Sulzberger's New York Times, 28 March 2025
- Rest of World, 27 March 2025
- BBC, 27 March 2025
- Comcast's CNBC, 26 March 2025
- Murdoch's Wall Street Journal (locked), 26 March 2025
- Murdoch's Wall Street Journal (locked), 24 March 2025
- Murdoch's Wall Street Journal (locked), 21 March 2025
- Zero Hedge, 20 March 2025
- Ochs-Sulzberger's New York Times, 20 March 2025
- Murdoch's Wall Street Journal (locked), 19 March 2025
- Bizz Buzz, 18 March 2025
- Thomson's Reuters, 18 March 2025
- Thomson's Reuters, 18 March 2025
- Murdoch's Wall Street Journal (locked), 18 March 2025
- Murdoch's Wall Street Journal (locked), 18 March 2025
- The New Republic, 17 March 2025
- Murdoch's New York Post, 17 March 2025
- Ochs-Sulzberger's New York Times, 16 March 2025
- Zero Hedge, 15 March 2025
- Murdoch's Wall Street Journal (locked), 15 March 2025
- Murdoch's Wall Street Journal (locked), 15 March 2025
- Barron's, 15 March 2025
- Barron's, 15 March 2025
- Zero Hedge, 14 March 2025
- Jiaravanon's Fortune, 14 March 2025
- Hindustan Times, 13 March 2025
- Real Clear Markets, 13 March 2025
- Bezos' Washington Post, 13 March 2025
- Murdoch's Wall Street Journal (locked), 13 March 2025
- Ochs-Sulzberger's New York Times, 12 March 2025
- Murdoch's Wall Street Journal (locked), 12 March 2025
- Zero Hedge, 11 March 2025
- Ochs-Sulzberger's New York Times, 10 March 2025
- Ochs-Sulzberger's New York Times, 10 March 2025
- Ochs-Sulzberger's New York Times, 09 March 2025
- Ochs-Sulzberger's New York Times, 09 March 2025
- Zero Hedge, 07 March 2025
- Comcast's CNBC, 07 March 2025
- Ochs-Sulzberger's New York Times, 07 March 2025
- Murdoch's Wall Street Journal (locked), 07 March 2025
- Ochs-Sulzberger's New York Times, 07 March 2025
- Murdoch's Wall Street Journal (locked), 07 March 2025
- Murdoch's Wall Street Journal (locked), 07 March 2025
- Comcast's CNBC, 07 March 2025
- Murdoch's Wall Street Journal (locked), 07 March 2025
- Thomson's Reuters, 06 March 2025
- Murdoch's Wall Street Journal (locked), 05 March 2025
- Murdoch's Wall Street Journal (locked), 05 March 2025
- Warner Brothers CNN, 05 March 2025
- Comcast's CNBC, 05 March 2025
- Comcast's CNBC, 05 March 2025
- Nextstar Media's The Hill, 05 March 2025
- Zero Hedge, 05 March 2025
- Ochs-Sulzberger's New York Times, 05 March 2025
- Murdoch's Wall Street Journal (locked), 05 March 2025
- Murdoch's Wall Street Journal (locked), 05 March 2025
- Zero Hedge, 04 March 2025
- Thomson's Reuters, 04 March 2025
- Comcast's CNBC, 04 March 2025
- Comcast's CNBC, 04 March 2025
- Financial Advisor, 03 March 2025
- Alibaba's South China Morning Post, 03 March 2025
- Murdoch's Wall Street Journal (locked), 03 March 2025
- Freight Waves, 01 March 2025
- Ochs-Sulzberger's New York Times, 01 March 2025
- Jiaravanon's Fortune, 28 February 2025
- Zero Hedge, 28 February 2025
- Ochs-Sulzberger's New York Times, 28 February 2025
- SF Standard, 27 February 2025
- SF Gate, 26 February 2025
- Murdoch's New York Post, 26 February 2025
- Zero Hedge, 26 February 2025
- Comcast's CNBC, 26 February 2025
- Ochs-Sulzberger's New York Times, 26 February 2025
- Ochs-Sulzberger's New York Times, 26 February 2025
- MSJ, 26 February 2025
- Ochs-Sulzberger's New York Times, 26 February 2025
- Issues & Insights, 25 February 2025
- Bloomberg, 25 February 2025
- Thomson's Reuters, 25 February 2025
- Murdoch's Wall Street Journal (locked), 25 February 2025
- Murdoch's Wall Street Journal (locked), 25 February 2025
- Murdoch's Wall Street Journal (locked), 25 February 2025
- Ochs-Sulzberger's New York Times, 24 February 2025
- Comcast's CNBC, 24 February 2025
- Zero Hedge, 24 February 2025
- Murdoch's Wall Street Journal (locked), 24 February 2025
- Alibaba's South China Morning Post, 23 February 2025
- Zero Hedge, 22 February 2025
- Murdoch's New York Post, 21 February 2025
- Warner Brothers CNN, 21 February 2025
- Medium, 20 February 2025
- Ochs-Sulzberger's New York Times, 20 February 2025
- Warner Brothers CNN, 20 February 2025
- Alibaba's South China Morning Post, 19 February 2025
- Condé Nast's Ars Technica, 19 February 2025
- Murdoch's Wall Street Journal (locked), 18 February 2025
- Murdoch's Wall Street Journal (locked), 18 February 2025
- Jiaravanon's Fortune, 17 February 2025
- Nextstar Media's The Hill, 17 February 2025
- Zero Hedge, 17 February 2025
- Ochs-Sulzberger's New York Times, 17 February 2025
- Ochs-Sulzberger's New York Times, 17 February 2025
- Apollo Global's Yahoo Finance, 6 February 2025
- Alibaba's South China Morning Post, 15 February 2025
- Alibaba's South China Morning Post, 15 February 2025
- Apollo Global's Yahoo Finance, 3 February 2025
- Zero Hedge, 13 February 2025
- Investor Place, 12 February 2025
- Comcast's CNBC, 12 February 2025
- Comcast's CNBC, 12 February 2025
- Murdoch's Wall Street Journal (locked), 12 February 2025
- Comcast's CNBC, 12 February 2025
- The Verge, 10 February 2025
- Warner Brothers CNN, 10 February 2025
- Insider, 10 February 2025
- Murdoch's Wall Street Journal (locked), 10 February 2025
- Comcast's CNBC, 10 February 2025
- Murdoch's Wall Street Journal (locked), 10 February 2025
- Murdoch's Wall Street Journal (locked), 10 February 2025
- Murdoch's Wall Street Journal (locked), 10 February 2025
- Ochs-Sulzberger's New York Times, 08 February 2025
- Zero Hedge, 07 February 2025
- Zero Hedge, 07 February 2025
- Murdoch's Wall Street Journal (locked), 07 February 2025
- Comcast's CNBC, 07 February 2025
- Murdoch's Wall Street Journal (locked), 07 February 2025
- Comcast's CNBC, 07 February 2025
- Axios, 06 February 2025
- Zero Hedge, 06 February 2025
- Kitco News, 06 February 2025
- Zero Hedge, 05 February 2025
- Murdoch's Wall Street Journal (locked), 05 February 2025
- Murdoch's Wall Street Journal (locked), 05 February 2025
- Zero Hedge, 04 February 2025
- Zero Hedge, 04 February 2025
- Ochs-Sulzberger's New York Times, 04 February 2025
- Ochs-Sulzberger's New York Times, 04 February 2025
- Warner Brothers CNN, 04 February 2025
- Benzinga, 03 February 2025
- Ochs-Sulzberger's New York Times, 03 February 2025
- Comcast's CNBC, 02 February 2025
- Jiaravanon's Fortune, 31 January 2025
- Zero Hedge, 31 January 2025
- The Daily Beast, 31 January 2025
- Murdoch's Wall Street Journal (locked), 31 January 2025
- Zero Hedge, 31 January 2025
- Thomson's Reuters, 30 January 2025
- Futurism, 30 January 2025
- Zero Hedge, 30 January 2025
- Murdoch's Wall Street Journal (locked), 30 January 2025
- Zero Hedge, 30 January 2025
- Thomson's Reuters, 30 January 2025
- The New Republic, 29 January 2025
- Zero Hedge, 28 January 2025
- Ochs-Sulzberger's New York Times, 28 January 2025
- Murdoch's Wall Street Journal (locked), 28 January 2025
- Ochs-Sulzberger's New York Times, 28 January 2025
- Zero Hedge, 27 January 2025
- Ochs-Sulzberger's New York Times, 27 January 2025
- Ochs-Sulzberger's New York Times, 27 January 2025
- Zero Hedge, 25 January 2025
- Ochs-Sulzberger's New York Times, 25 January 2025
- The Byte, 25 January 2025
- Condé Nast's Ars Technica, 22 January 2025
- Zero Hedge, 22 January 2025
- Thomson's Reuters, 22 January 2025
- Ochs-Sulzberger's New York Times, 22 January 2025
- Murdoch's Wall Street Journal (locked), 22 January 2025
- Zero Hedge, 21 January 2025
- Thomson's Reuters, 21 January 2025
- Ochs-Sulzberger's New York Times, 18 January 2025
- Murdoch's Wall Street Journal (locked), 17 January 2025
- Zero Hedge, 17 January 2025
- Alibaba's South China Morning Post, 17 January 2025
- Ochs-Sulzberger's New York Times, 17 January 2025
- Comcast's CNBC, 16 January 2025
- Semafor, 15 January 2025
- Ochs-Sulzberger's New York Times, 15 January 2025
- Murdoch's Wall Street Journal (locked), 15 January 2025
- Murdoch's Wall Street Journal (locked), 15 January 2025
- Murdoch's Wall Street Journal (locked), 15 January 2025
- The Byte, 14 January 2025
- Ochs-Sulzberger's New York Times, 14 January 2025
- Murdoch's Wall Street Journal (locked), 13 January 2025
- Zero Hedge, 13 January 2025
- Ochs-Sulzberger's New York Times, 13 January 2025
- Ochs-Sulzberger's New York Times, 12 January 2025
- Barron's, 12 January 2025
- Murdoch's New York Post, 11 January 2025
- Zero Hedge, 10 January 2025
- Alibaba's South China Morning Post, 10 January 2025
- Comcast's CNBC, 10 January 2025
- Comcast's CNBC, 10 January 2025
- Comcast's CNBC, 10 January 2025
- Zero Hedge, 10 January 2025
- Murdoch's Wall Street Journal (locked), 10 January 2025
- Zero Hedge, 10 January 2025
- Zero Hedge, 10 January 2025
- Ochs-Sulzberger's New York Times, 10 January 2025
- Ochs-Sulzberger's New York Times, 09 January 2025
- Nextstar Media's The Hill, 09 January 2025
- Murdoch's Wall Street Journal (locked), 09 January 2025
- Comcast's CNBC, 07 January 2025
- Zero Hedge, 07 January 2025
- Ochs-Sulzberger's New York Times, 07 January 2025
- Associated Press, 07 January 2025
- Ochs-Sulzberger's New York Times, 07 January 2025
- Murdoch's Wall Street Journal (locked), 07 January 2025
- Murdoch's Wall Street Journal (locked), 07 January 2025
- Ochs-Sulzberger's New York Times, 06 January 2025
- Ochs-Sulzberger's New York Times, 06 January 2025
- Murdoch's Wall Street Journal (locked), 06 January 2025
- Murdoch's Wall Street Journal (locked), 06 January 2025
- Murdoch's Wall Street Journal (locked), 03 January 2025
- Murdoch's Wall Street Journal (locked), 03 January 2025
- Economist, 02 January 2025
- Zero Hedge, 02 January 2025
- Alibaba's South China Morning Post, 01 January 2025
- Murdoch's Wall Street Journal (locked), 31 December 2024
- Murdoch's Wall Street Journal (locked), 31 December 2024
- Zero Hedge, 30 December 2024
- Ochs-Sulzberger's New York Times, 30 December 2024
- Murdoch's Wall Street Journal (locked), 30 December 2024
- Ochs-Sulzberger's New York Times, 28 December 2024
- Barron's, 27 December 2024
- Murdoch's Wall Street Journal (locked), 27 December 2024
- Zero Hedge, 26 December 2024
- Murdoch's Wall Street Journal (locked), 26 December 2024
- Ochs-Sulzberger's New York Times, 25 December 2024
- Ochs-Sulzberger's New York Times, 25 December 2024
- Thomson's Reuters, 24 December 2024
- Murdoch's Wall Street Journal (locked), 24 December 2024
- Murdoch's Wall Street Journal (locked), 24 December 2024
- Zero Hedge, 23 December 2024
- Zero Hedge, 23 December 2024
- Murdoch's Wall Street Journal (locked), 23 December 2024
- Ochs-Sulzberger's New York Times, 22 December 2024
- Zero Hedge, 21 December 2024
- Ochs-Sulzberger's New York Times, 21 December 2024
- Murdoch's Wall Street Journal (locked), 21 December 2024
- Zero Hedge, 20 December 2024
- Zero Hedge, 20 December 2024
- Ochs-Sulzberger's New York Times, 20 December 2024
- Murdoch's Wall Street Journal (locked), 20 December 2024
- Alibaba's South China Morning Post, 19 December 2024
- Comcast's CNBC, 19 December 2024
- Zero Hedge, 18 December 2024
- Comcast's CNBC, 17 December 2024
- Ochs-Sulzberger's New York Times, 17 December 2024
- Ochs-Sulzberger's New York Times, 17 December 2024
- Ochs-Sulzberger's New York Times, 17 December 2024
- Ochs-Sulzberger's New York Times, 16 December 2024
- Murdoch's Wall Street Journal (locked), 16 December 2024
- Murdoch's Wall Street Journal (locked), 15 December 2024
- The Cool Down, 11 December 2024
- Zero Hedge, 11 December 2024
- Warner Brothers CNN, 11 December 2024
- Comcast's CNBC, 11 December 2024
- Murdoch's Wall Street Journal (locked), 11 December 2024
- Murdoch's Wall Street Journal (locked), 11 December 2024
- Murdoch's Wall Street Journal (locked), 11 December 2024
- TechCrunch, 10 December 2024
- Ochs-Sulzberger's New York Times, 09 December 2024
- Comcast's CNBC, 09 December 2024
- Ochs-Sulzberger's New York Times, 08 December 2024
- Zero Hedge, 06 December 2024
- Zero Hedge, 06 December 2024
- Apollo Global's Yahoo Finance, 06 December 2024
- Zero Hedge, 06 December 2024
- Murdoch's Wall Street Journal (locked), 06 December 2024
- Thomson's Reuters, 05 December 2024
- Ochs-Sulzberger's New York Times, 05 December 2024
- Murdoch's Wall Street Journal (locked), 05 December 2024
- Zero Hedge, 04 December 2024
- Zero Hedge, 04 December 2024
- Ochs-Sulzberger's New York Times, 04 December 2024
- Murdoch's Wall Street Journal (locked), 04 December 2024
- Murdoch's Wall Street Journal (locked), 03 December 2024
- Associated Press, 03 December 2024
- Apollo Global's Yahoo Finance, 03 December 2024
- Ochs-Sulzberger's New York Times, 03 December 2024
- Murdoch's Wall Street Journal (locked), 03 December 2024
- Warner Brothers CNN, 03 December 2024
- Business Insider, 02 December 2024
- Murdoch's Wall Street Journal (locked), 02 December 2024
- Murdoch's Wall Street Journal (locked), 02 December 2024
- Associated Press, 01 December 2024
- Zero Hedge, 30 November 2024
- Warner Brothers CNN, 30 November 2024
- Alibaba's South China Morning Post, 30 November 2024
- Alibaba's South China Morning Post, 30 November 2024
- Ochs-Sulzberger's New York Times, 30 November 2024
- Ochs-Sulzberger's New York Times, 30 November 2024
- Murdoch's Wall Street Journal (locked), 30 November 2024
- Murdoch's Wall Street Journal (locked), 30 November 2024
- Barron's, 30 November 2024
- Alibaba's South China Morning Post, 29 November 2024
- Murdoch's New York Post, 28 November 2024
- Zero Hedge, 27 November 2024
- Zero Hedge, 27 November 2024
- Ochs-Sulzberger's New York Times, 27 November 2024
- Murdoch's Wall Street Journal (locked), 27 November 2024
- Jiaravanon's Fortune, 27 November 2024
- TechCrunch, 26 November 2024
- Comcast's CNBC, 26 November 2024
- Warner Brothers CNN, 26 November 2024
- Murdoch's Wall Street Journal (locked), 26 November 2024
- Business Insider, 25 November 2024
- Ochs-Sulzberger's New York Times, 25 November 2024
- Ochs-Sulzberger's New York Times, 24 November 2024
- Thomson's Reuters, 23 November 2024
- Ochs-Sulzberger's New York Times, 23 November 2024
- Ochs-Sulzberger's New York Times, 23 November 2024
- Murdoch's Wall Street Journal (locked), 23 November 2024
- Murdoch's Wall Street Journal (locked), 23 November 2024
- Barron's, 23 November 2024
- Barron's, 23 November 2024
- The Verge, 22 November 2024
- Zero Hedge, 21 November 2024
- Alibaba's South China Morning Post, 21 November 2024
- Comcast's CNBC, 20 November 2024
- Comcast's CNBC, 19 November 2024
- Ochs-Sulzberger's New York Times, 19 November 2024
- Freethink, 18 November 2024
- The Register, 18 November 2024
- Zero Hedge, 18 November 2024
- Murdoch's Wall Street Journal (locked), 18 November 2024
- Murdoch's Wall Street Journal (locked), 18 November 2024
- SF Gate, 16 November 2024
- Ochs-Sulzberger's New York Times, 16 November 2024
- Associated Press, 16 November 2024
- USA Dept. of Justice, 15 November 2024
- The Guardian, 15 November 2024
- Alibaba's South China Morning Post, 15 November 2024
- Ochs-Sulzberger's New York Times, 15 November 2024
- Murdoch's Wall Street Journal (locked), 15 November 2024
- Murdoch's Wall Street Journal (locked), 14 November 2024
- Zero Hedge, 14 November 2024
- Zero Hedge, 14 November 2024
- Alibaba's South China Morning Post, 14 November 2024
- Ochs-Sulzberger's New York Times, 14 November 2024
- Zero Hedge, 13 November 2024
- Zero Hedge, 13 November 2024
- Salon, 13 November 2024
- Cato Institute, 13 November 2024
- Zero Hedge, 13 November 2024
- State Journal-Register, 12 November 2024
- Zero Hedge, 12 November 2024
- Associated Press, 12 November 2024
- Murdoch's Wall Street Journal (locked), 12 November 2024
- The Guardian, 11 November 2024
- IEEE Spectrum, 11 November 2024
- Ochs-Sulzberger's New York Times, 11 November 2024
- Murdoch's Wall Street Journal (locked), 11 November 2024
- Murdoch's Wall Street Journal (locked), 11 November 2024
- Murdoch's Wall Street Journal (locked), 11 November 2024
- Zero Hedge, 10 November 2024
- Zero Hedge, 08 November 2024
- Zero Hedge, 07 November 2024
- Zero Hedge, 07 November 2024
- Comcast's CNBC, 07 November 2024
- WBUR News, 06 November 2024
- Comcast's CNBC, 06 November 2024
- Zero Hedge, 06 November 2024
- Murdoch's Wall Street Journal (locked), 06 November 2024
- Murdoch's Wall Street Journal (locked), 06 November 2024
- Zero Hedge, 05 November 2024
- Ochs-Sulzberger's New York Times, 05 November 2024
- Zero Hedge, 05 November 2024
- Ochs-Sulzberger's New York Times, 05 November 2024
- Murdoch's Wall Street Journal (locked), 05 November 2024
- TechCrunch, 04 November 2024
- 404 Media, 04 November 2024
- Zero Hedge, 01 November 2024
- Zero Hedge, 01 November 2024
- Comcast's CNBC, 01 November 2024
- Murdoch's Wall Street Journal (locked), 01 November 2024
- Murdoch's Wall Street Journal (locked), 01 November 2024
- Zero Hedge, 31 October 2024
- Tech Crunch, 30 October 2024
- Zero Hedge, 29 October 2024
- Alibaba's South China Morning Post, 29 October 2024
- Murdoch's New York Post, 29 October 2024
- Murdoch's Wall Street Journal (locked), 29 October 2024
- MIT News, 28 October 2024
will might be a net negative for society.
- Zero Hedge, 28 October 2024
- Ochs-Sulzberger's New York Times, 28 October 2024
- Murdoch's Wall Street Journal (locked), 28 October 2024
- Comcast's CNBC, 25 October 2024
- Comcast's CNBC, 24 October 2024
- Warner Brothers CNN, 24 October 2024
- Warner Brothers CNN, 24 October 2024
- Barron's, 24 October 2024
- Ochs-Sulzberger's New York Times, 24 October 2024
- Thomson's Reuters, 24 October 2024
- Ochs-Sulzberger's New York Times, 24 October 2024
- Murdoch's Wall Street Journal (locked), 24 October 2024
- Zero Hedge, 24 October 2024
- Murdoch's Wall Street Journal (locked), 24 October 2024
- Comcast's CNBC, 24 October 2024
- Zero Hedge, 23 October 2024
- Zero Hedge, 23 October 2024
- Zero Hedge, 23 October 2024
- Murdoch's Wall Street Journal (locked), 23 October 2024
- Warner Brothers CNN, 22 October 2024
- Ochs-Sulzberger's New York Times, 22 October 2024
- Murdoch's Wall Street Journal (locked), 22 October 2024
- Ochs-Sulzberger's New York Times, 20 October 2024
- Ochs-Sulzberger's New York Times, 20 October 2024
- The Guardian, 19 October 2024
- Thomson's Reuters, 19 October 2024
- Murdoch's Wall Street Journal (locked), 19 October 2024
- Murdoch's Wall Street Journal (locked), 19 October 2024
- Warner Brothers CNN, 18 October 2024
- Zero Hedge, 18 October 2024
- Law and Liberty, 18 October 2024
- Thomson's Reuters, 17 October 2024
- Murdoch's Wall Street Journal (locked), 17 October 2024
- Comcast's CNBC, 16 October 2024
- Murdoch's Wall Street Journal (locked), 16 October 2024
- Murdoch's Wall Street Journal (locked), 16 October 2024
- Murdoch's Wall Street Journal (locked), 16 October 2024
- Murdoch's Wall Street Journal (locked), 15 October 2024
- Murdoch's Wall Street Journal (locked), 15 October 2024
- Thomson's Reuters, 14 October 2024
- Ochs-Sulzberger's New York Times, 14 October 2024
- Ochs-Sulzberger's New York Times, 14 October 2024
- Zero Hedge, 13 October 2024
- Ochs-Sulzberger's New York Times, 12 October 2024
- Common Dreams, 12 October 2024
- Murdoch's Wall Street Journal (locked), 12 October 2024
- Murdoch's New York Post, 11 October 2024
- Murdoch's Wall Street Journal (locked), 11 October 2024
- Warner Brothers CNN, 11 October 2024
- Zero Hedge, 10 October 2024
- Spyglass, 10 October 2024
- Ochs-Sulzberger's New York Times, 10 October 2024
- Ochs-Sulzberger's New York Times, 10 October 2024
- Murdoch's Wall Street Journal (locked), 10 October 2024
- Zero Hedge, 09 October 2024
- Ochs-Sulzberger's New York Times, 09 October 2024
- Ochs-Sulzberger's New York Times, 09 October 2024
- Murdoch's Wall Street Journal (locked), 09 October 2024
- Murdoch's Wall Street Journal (locked), 09 October 2024
- Zero Hedge, 07 October 2024
- Murdoch's Wall Street Journal (locked), 07 October 2024
- Murdoch's Wall Street Journal (locked), 07 October 2024
- Alibaba's South China Morning Post, 05 October 2024
- Ochs-Sulzberger's New York Times, 05 October 2024
- Murdoch's Wall Street Journal (locked), 05 October 2024
- Carscoops, 05 October 2024
- TechCrunch, 04 October 2024
- Zero Hedge, 04 October 2024
- Zero Hedge, 04 October 2024
- Zero Hedge, 04 October 2024
- Bloomberg, 04 October 2024
- Zero Hedge, 04 October 2024
- Ochs-Sulzberger's New York Times, 04 October 2024
- Comcast's CNBC, 04 October 2024
- Murdoch's Wall Street Journal (locked), 04 October 2024
- Zero Hedge, 03 October 2024
- Comcast's CNBC, 03 October 2024
- Zero Hedge, 03 October 2024
- Comcast's CNBC, 03 October 2024
- Ochs-Sulzberger's New York Times, 03 October 2024
- Zero Hedge, 02 October 2024
- Murdoch's New York Post, 02 October 2024
- Zero Hedge, 02 October 2024
- Comcast's CNBC, 02 October 2024
- Zero Hedge, 01 October 2024
- Zero Hedge, 01 October 2024
- Freight Waves, 01 October 2024
- Thomson's Reuters, 01 October 2024
- Freight Waves, 01 October 2024
- Murdoch's Wall Street Journal (locked), 01 October 2024
- Comcast's CNBC, 01 October 2024
- Zero Hedge, 01 October 2024
- Ochs-Sulzberger's New York Times, 01 October 2024
- Ochs-Sulzberger's New York Times, 30 September 2024
- Murdoch's Wall Street Journal (locked), 30 September 2024
- Ochs-Sulzberger's New York Times, 29 September 2024
- 404 Media, 27 September 2024
- Zero Hedge, 26 September 2024
- Variety, 26 September 2024
- Zero Hedge, 26 September 2024
- CIO, 26 September 2024
- Zero Hedge, 26 September 2024
- Zero Hedge, 26 September 2024
- Zero Hedge, 26 September 2024
- Zero Hedge, 25 September 2024
- Zero Hedge, 25 September 2024
- Murdoch's Wall Street Journal (locked), 25 September 2024
- Ochs-Sulzberger's New York Times, 25 September 2024
- Murdoch's Wall Street Journal (locked), 25 September 2024
- The Register, 24 September 2024
- Zero Hedge, 24 September 2024
- Murdoch's Wall Street Journal (locked), 24 September 2024
- Zero Hedge, 23 September 2024
- Zero Hedge, 23 September 2024
- Alibaba's South China Morning Post, 22 September 2024
- Ochs-Sulzberger's New York Times, 22 September 2024
- Murdoch's Wall Street Journal (locked), 20 September 2024
- TechCrunch, 19 September 2024
- Warner Brothers CNN, 19 September 2024
- The Register, 18 September 2024
- Wall Street Journal, 18 September 2024
- TechCrunch, 18 September 2024
- Murdoch's Wall Street Journal (locked), 18 September 2024
- Radley Balko, 17 September 2024
- Associated Press, 17 September 2024
- Ochs-Sulzberger's New York Times, 17 September 2024
- Thomson's Reuters, 17 September 2024
- Alibaba's South China Morning Post, 17 September 2024
- TechXplore, 16 September 2024
- Zero Hedge, 16 September 2024
- Warner Brothers CNN, 16 September 2024
- Thomson's Reuters, 16 September 2024
- Comcast's CNBC, 16 September 2024
- Comcast's CNBC, 16 September 2024
- Zero Hedge, 16 September 2024
- Ochs-Sulzberger's New York Times, 16 September 2024
- Zero Hedge, 16 September 2024
- Ochs-Sulzberger's New York Times, 16 September 2024
- Murdoch's Wall Street Journal (locked), 16 September 2024
- Murdoch's Wall Street Journal (locked), 16 September 2024
- Murdoch's Wall Street Journal (locked), 16 September 2024
- Murdoch's Wall Street Journal (locked), 16 September 2024
- Ochs-Sulzberger's New York Times, 15 September 2024
- Ochs-Sulzberger's New York Times, 14 September 2024
- Murdoch's Wall Street Journal (locked), 14 September 2024
- Zero Hedge, 13 September 2024
- Ochs-Sulzberger's New York Times, 13 September 2024
- Ochs-Sulzberger's New York Times, 13 September 2024
- Murdoch's Wall Street Journal (locked), 13 September 2024
- Murdoch's Wall Street Journal (locked), 13 September 2024
- Murdoch's Wall Street Journal (locked), 13 September 2024
- Zero Hedge, 12 September 2024
- Zero Hedge, 12 September 2024
- Ochs-Sulzberger's New York Times, 12 September 2024
- Comcast's CNBC, 12 September 2024
- Ochs-Sulzberger's New York Times, 12 September 2024
- Ochs-Sulzberger's New York Times, 12 September 2024
- Murdoch's Wall Street Journal (locked), 12 September 2024
- Murdoch's New York Post, 11 September 2024
- Thomson's Reuters, 11 September 2024
- FreightWaves, 10 September 2024
- Condé Nast's Ars Technica, 10 September 2024
- Murdoch's Wall Street Journal (locked), 10 September 2024
- Associated Press, 10 September 2024
- Ochs-Sulzberger's New York Times, 10 September 2024
- Murdoch's Wall Street Journal (locked), 10 September 2024
- Zero Hedge, 09 September 2024
- Zero Hedge, 09 September 2024
- Zero Hedge, 09 September 2024
- Zero Hedge, 09 September 2024
- Zero Hedge, 09 September 2024
- Murdoch's Wall Street Journal (locked), 09 September 2024
- Murdoch's Wall Street Journal (locked), 09 September 2024
- Ochs-Sulzberger's New York Times, 08 September 2024
- Zero Hedge, 07 September 2024
- Ochs-Sulzberger's New York Times, 07 September 2024
- Murdoch's New York Post, 07 September 2024
- Barron's, 06 September 2024
- Murdoch's Wall Street Journal (locked), 06 September 2024
- Ochs-Sulzberger's New York Times, 06 September 2024
- Zero Hedge, 06 September 2024
- Ochs-Sulzberger's New York Times, 06 September 2024
- Murdoch's Wall Street Journal (locked), 06 September 2024
- Ochs-Sulzberger's New York Times, 06 September 2024
- Warner Brothers CNN, 06 September 2024
- Zero Hedge, 05 September 2024
- Zero Hedge, 05 September 2024
- Apollo Global's Yahoo Finance, 05 September 2024
- Zero Hedge, 05 September 2024
- Murdoch's Wall Street Journal (locked), 05 September 2024
- Zero Hedge, 04 September 2024
- Zero Hedge, 04 September 2024
- Ochs-Sulzberger's New York Times, 04 September 2024
- Murdoch's Wall Street Journal (locked), 04 September 2024
- Murdoch's Wall Street Journal (locked), 04 September 2024
- Zero Hedge, 03 September 2024
- Ochs-Sulzberger's New York Times, 03 September 2024
- Ochs-Sulzberger's New York Times, 03 September 2024
- Associated Press, 01 September 2024
- Ochs-Sulzberger's New York Times, 01 September 2024
- Ochs-Sulzberger's New York Times, 01 September 2024
- Murdoch's Wall Street Journal (locked), 31 August 2024
- Murdoch's Wall Street Journal (locked), 31 August 2024
- Warner Brothers CNN, 31 August 2024
- Zero Hedge, 30 August 2024
- Zero Hedge, 30 August 2024
- Ochs-Sulzberger's New York Times, 30 August 2024
- Murdoch's Wall Street Journal (locked), 30 August 2024
- Murdoch's Wall Street Journal (locked), 30 August 2024
- Zero Hedge, 29 August 2024
- Thomson's Reuters, 29 August 2024
- Murdoch's Wall Street Journal (locked), 29 August 2024
- Investor Place, 29 August 2024
- Salon, 27 August 2024
- Sifted, 27 August 2024
- Zero Hedge, 27 August 2024
- Zero Hedge, 27 August 2024
- Ochs-Sulzberger's New York Times, 27 August 2024
- Zero Hedge, 26 August 2024
- Zero Hedge, 26 August 2024
- Thomson's Reuters, 26 August 2024
- Ochs-Sulzberger's New York Times, 26 August 2024
- Zero Hedge, 25 August 2024
- Boston Globe, 25 August 2024
- Ochs-Sulzberger's New York Times, 23 August 2024
- Zero Hedge, 22 August 2024
- Ochs-Sulzberger's New York Times, 22 August 2024
- Ochs-Sulzberger's New York Times, 22 August 2024
- Warner Brothers CNN, 22 August 2024
- Murdoch's Wall Street Journal (locked), 22 August 2024
- Zero Hedge, 22 August 2024
- Zero Hedge, 21 August 2024
- Zero Hedge, 21 August 2024
- Murdoch's Wall Street Journal (locked), 21 August 2024
- Zero Hedge, 21 August 2024
- Ochs-Sulzberger's New York Times, 21 August 2024
- Ochs-Sulzberger's New York Times, 21 August 2024
- Murdoch's Wall Street Journal (locked), 21 August 2024
- Murdoch's Wall Street Journal (locked), 21 August 2024
- Zero Hedge, 20 August 2024
- Zero Hedge, 20 August 2024
- Ochs-Sulzberger's New York Times, 20 August 2024
- Zero Hedge, 19 August 2024
- Thomson's Reuters, 19 August 2024
- Alibaba's South China Morning Post, 17 August 2024
- Thomson's Reuters, 16 August 2024
- Zero Hedge, 15 August 2024
- Slate, 14 August 2024
- SF Gate, 14 August 2024
- Comcast's CNBC, 14 August 2024
- Ochs-Sulzberger's New York Times, 14 August 2024
- The Hill, 13 August 2024
- Murdoch's Wall Street Journal (locked), 13 August 2024
- Murdoch's Wall Street Journal (locked), 13 August 2024
- Thomson's Reuters, 13 August 2024
- Bloomberg, 13 August 2024
- Thomson's Reuters, 12 August 2024
- American Progress, 12 August 2024
- Zero Hedge, 12 August 2024
- Zero Hedge, 12 August 2024
- Zero Hedge, 12 August 2024
- Warner Brothers CNN, 12 August 2024
- Zero Hedge, 10 August 2024
- Ochs-Sulzberger's New York Times, 10 August 2024
- Barron's, 10 August 2024
- Zero Hedge, 09 August 2024
- Comcast's CNBC, 08 August 2024
- Comcast's CNBC, 08 August 2024
- Ochs-Sulzberger's New York Times, 08 August 2024
- Murdoch's Wall Street Journal (locked), 08 August 2024
- Ochs-Sulzberger's New York Times, 07 August 2024
- Murdoch's Wall Street Journal (locked), 07 August 2024
- Murdoch's Wall Street Journal (locked), 07 August 2024
- Murdoch's Wall Street Journal (locked), 07 August 2024
- Zero Hedge, 06 August 2024
- BUsiness Insider, 06 August 2024
- Comcast's CNBC, 06 August 2024
- Ochs-Sulzberger's New York Times, 06 August 2024
- Ochs-Sulzberger's New York Times, 06 August 2024
- Murdoch's Wall Street Journal (locked), 05 August 2024
- Murdoch's Wall Street Journal (locked), 05 August 2024
- Ochs-Sulzberger's New York Times, 05 August 2024
- Murdoch's Wall Street Journal (locked), 05 August 2024
- Murdoch's Wall Street Journal (locked), 05 August 2024
- Murdoch's Wall Street Journal (locked), 03 August 2024
- Murdoch's Wall Street Journal (locked), 03 August 2024
- Zero Hedge, 02 August 2024
- Comcast's CNBC, 02 August 2024
- Warner Brothers CNN, 02 August 2024
- Zero Hedge, 02 August 2024
- Comcast's CNBC, 02 August 2024
- Warner Brothers CNN, 02 August 2024
- Wired, 01 August 2024
- Associated Press, 01 August 2024
- Zero Hedge, 01 August 2024
- Zero Hedge, 01 August 2024
- Apollo Global's Yahoo Finance, 31 July 2024
- Thomson's Reuters, 31 July 2024
- Ochs-Sulzberger's New York Times, 31 July 2024
- Zero Hedge, 30 July 2024
- Zero Hedge, 30 July 2024
- Warner Brothers CNN, 30 July 2024
- Murdoch's New York Post, 29 July 2024
- CBS News, 29 July 2024
- Murdoch's Wall Street Journal (locked), 29 July 2024
- Zero Hedge, 29 July 2024
- Ochs-Sulzberger's New York Times, 29 July 2024
- Ochs-Sulzberger's New York Times, 28 July 2024
- Ochs-Sulzberger's New York Times, 27 July 2024
- The Guardian, 27 July 2024
- Murdoch's Wall Street Journal (locked), 27 July 2024
- Murdoch's Wall Street Journal (locked), 27 July 2024
- Zero Hedge, 26 July 2024
- Murdoch's Wall Street Journal (locked), 26 July 2024
- Murdoch's Wall Street Journal (locked), 26 July 2024
- Zero Hedge, 25 July 2024
- Reason, 25 July 2024
- Zero Hedge, 25 July 2024
- Zero Hedge, 25 July 2024
- Murdoch's Wall Street Journal (locked), 25 July 2024
- Cato Institute, 24 July 2024
- Ochs-Sulzberger's New York Times, 24 July 2024
- Murdoch's Wall Street Journal (locked), 24 July 2024
- Murdoch's Wall Street Journal (locked), 24 July 2024
- Zero Hedge, 23 July 2024
- Zero Hedge, 22 July 2024
- Ochs-Sulzberger's New York Times, 22 July 2024
- Ochs-Sulzberger's New York Times, 22 July 2024
- Murdoch's Wall Street Journal (locked), 22 July 2024
- Murdoch's Wall Street Journal (locked), 22 July 2024
- Murdoch's Wall Street Journal (locked), 20 July 2024
- Barron's, 20 July 2024
- Murdoch's Wall Street Journal (locked), 19 July 2024
- Murdoch's Wall Street Journal (locked), 19 July 2024
- Zero Hedge, 18 July 2024
- Zero Hedge, 16 July 2024
- Apollo Global's Yahoo Finance, 16 July 2024
- Ochs-Sulzberger's New York Times, 16 July 2024
- Murdoch's Wall Street Journal (locked), 15 July 2024
- Murdoch's Wall Street Journal (locked), 15 July 2024
- Murdoch's Wall Street Journal (locked), 15 July 2024
- Ochs-Sulzberger's New York Times, 14 July 2024
- Ochs-Sulzberger's New York Times, 13 July 2024
- Zero Hedge, 12 July 2024
- Zero Hedge, 12 July 2024
- Axios, 11 July 2024
- Murdoch's MarketWatch, 11 July 2024
- Warner Brothers CNN, 11 July 2024
- Murdoch's Wall Street Journal (locked), 11 July 2024
- Murdoch's Wall Street Journal (locked), 11 July 2024
- Warner Brothers CNN, 10 July 2024
- Zero Hedge, 10 July 2024
- Washington Times, 10 July 2024
- Ochs-Sulzberger's New York Times, 10 July 2024
- Murdoch's Wall Street Journal (locked), 10 July 2024
- Comcast's CNBC, 09 July 2024
- Comcast's CNBC, 09 July 2024
- Warner Brothers CNN, 07 July 2024
- Murdoch's Wall Street Journal (locked), 06 July 2024
- Zero Hedge, 05 July 2024
- Zero Hedge, 05 July 2024
- Zero Hedge, 05 July 2024
- Murdoch's Wall Street Journal (locked), 05 July 2024
- Comcast's CNBC, 05 July 2024
- Zero Hedge, 03 July 2024
- Associated Press, 03 July 2024
- Zero Hedge, 03 July 2024
- Associated Press, 03 July 2024
- Comcast's CNBC, 03 July 2024
- Zero Hedge, 03 July 2024
- Ochs-Sulzberger's New York Times, 03 July 2024
- Ochs-Sulzberger's New York Times, 03 July 2024
- Harvard Business School, 02 July 2024
- Alibaba's South China Morning Post, 29 June 2024
- Murdoch's Wall Street Journal (locked), 29 June 2024
- Barron's, 29 June 2024
- Zero Hedge, 28 June 2024
- Murdoch's Wall Street Journal (locked), 28 June 2024
- Thomson's Reuters, 27 June 2024
- Murdoch's Wall Street Journal (locked), 27 June 2024
- Ochs-Sulzberger's New York Times, 27 June 2024
- Zero Hedge, 27 June 2024
- Ochs-Sulzberger's New York Times, 27 June 2024
will may lead to people being fired.
- Fox Business, 26 June 2024
- TechXplore, 26 June 2024
- Barclay's The Telegraph, 26 June 2024
- Zero Hedge, 26 June 2024
- Zero Hedge, 25 June 2024
- Thomson's Reuters, 24 June 2024
- Murdoch's Wall Street Journal (locked), 24 June 2024
- Thomson's Reuters, 24 June 2024
- Zero Hedge, 23 June 2024
- Jiaravanon's Fortune, 22 June 2024
- Murdoch's Wall Street Journal (locked), 22 June 2024
- PC Magazine, 21 June 2024
- Mises Institute, 21 June 2024
- Murdoch's Wall Street Journal (locked), 21 June 2024
- The Register, 20 June 2024
- Al Jazeera, 20 June 2024
- Zero Hedge, 20 June 2024
- Murdoch's Wall Street Journal (locked), 20 June 2024
- Warner Brothers CNN, 20 June 2024
- Boston.com, 19 June 2024
- Ochs-Sulzberger's New York Times, 19 June 2024
- Ochs-Sulzberger's New York Times, 19 June 2024
- (Un)Common Logic, 18 June 2024
- Zero Hedge, 18 June 2024
- Associated Press, 18 June 2024
- Associated Press, 18 June 2024
- Zero Hedge, 18 June 2024
- Murdoch's New York Post, 17 June 2024
- Zero Hedge, 16 June 2024
- Al Jazeera, 15 June 2024
- Murdoch's Wall Street Journal (locked), 14 June 2024
- Zero Hedge, 13 June 2024
- Ochs-Sulzberger's New York Times, 13 June 2024
- Ochs-Sulzberger's New York Times, 13 June 2024
- Comcast's CNBC, 12 June 2024
- San Jose Mercury News, 11 June 2024
- The Verge, 11 June 2024
- Zero Hedge, 11 June 2024
- Murdoch's Wall Street Journal (locked), 11 June 2024
- Zero Hedge, 10 June 2024
- Ochs-Sulzberger's New York Times, 10 June 2024
- Zero Hedge, 09 June 2024
- Ochs-Sulzberger's New York Times, 09 June 2024
- Murdoch's Wall Street Journal (locked), 08 June 2024
- Rest of the World, 07 June 2024
- Zero Hedge, 07 June 2024
- Ochs-Sulzberger's New York Times, 07 June 2024
- Zero Hedge, 07 June 2024
- Zero Hedge, 07 June 2024
- Murdoch's Wall Street Journal (locked), 07 June 2024
- Rest of the World, 06 June 2024
- Warner Brothers CNN, 06 June 2024
- Ochs-Sulzberger's New York Times, 06 June 2024
- Zero Hedge, 06 June 2024
- Zero Hedge, 06 June 2024
- Murdoch's Wall Street Journal (locked), 06 June 2024
- Zero Hedge, 05 June 2024
- Zero Hedge, 05 June 2024
- Warner Brothers CNN, 04 June 2024
- Zero Hedge, 04 June 2024
- Zero Hedge, 04 June 2024
- Thomson's Reuters, 04 June 2024
- Thomson's Reuters, 04 June 2024
- Zero Hedge, 03 June 2024
- Zero Hedge, 03 June 2024
- Murdoch's Wall Street Journal (locked), 03 June 2024
- Zero Hedge, 02 June 2024
- Ochs-Sulzberger's New York Times, 02 June 2024
- City Journal, 01 June 2024
- IndieWire, 30 May 2024
- Zero Hedge, 30 May 2024
- Zero Hedge, 30 May 2024
- Zero Hedge, 29 May 2024
- Ochs-Sulzberger's New York Times, 29 May 2024
- Thomson's Reuters, 28 May 2024
- Comcast's CNBC, 28 May 2024
- Ochs-Sulzberger's New York Times, 28 May 2024
- Zero Hedge, 25 May 2024
- Murdoch's Wall Street Journal (locked), 25 May 2024
- Zero Hedge, 24 May 2024
- Zero Hedge, 24 May 2024
- Murdoch's Wall Street Journal (locked), 24 May 2024
- Murdoch's New York Post, 23 May 2024
- Warner Brothers CNN, 23 May 2024
- Zero Hedge, 23 May 2024
- Murdoch's Wall Street Journal (locked), 23 May 2024
- Associated Press, 21 May 2024
- Comcast's CNBC, 20 May 2024
- Ochs-Sulzberger's New York Times, 20 May 2024
- Ochs-Sulzberger's New York Times, 20 May 2024
- Warner Brothers CNN, 17 May 2024
- Ochs-Sulzberger's New York Times, 17 May 2024
- Murdoch's Wall Street Journal (locked), 17 May 2024
- Murdoch's Fox News, 16 May 2024
- Ochs-Sulzberger's New York Times, 15 May 2024
- Zero Hedge, 14 May 2024
- Jeff Bezos' Washington Post, 14 May 2024
- Warner Brothers CNN, 14 May 2024
- Zero Hedge, 13 May 2024
- Murdoch's Wall Street Journal (locked), 13 May 2024
- Zero Hedge, 11 May 2024
- Murdoch's Wall Street Journal (locked), 11 May 2024
- Zero Hedge, 10 May 2024
- Ochs-Sulzberger's New York Times, 10 May 2024
- Ochs-Sulzberger's New York Times, 10 May 2024
- Zero Hedge, 09 May 2024
- Ochs-Sulzberger's New York Times, 09 May 2024
- Murdoch's Wall Street Journal (locked), 09 May 2024
- Ochs-Sulzberger's New York Times, 08 May 2024
- Ochs-Sulzberger's New York Times, 08 May 2024
- Warner Brothers CNN, 07 May 2024
- Murdoch's Wall Street Journal (locked), 07 May 2024
- Zero Hedge, 06 May 2024
- SF Gate, 06 May 2024
- Murdoch's Wall Street Journal (locked), 04 May 2024
- Zero Hedge, 03 May 2024
- Zero Hedge, 02 May 2024
- Comcast's CNBC, 02 May 2024
- Zero Hedge, 01 May 2024
- Zero Hedge, 01 May 2024
- Ochs-Sulzberger's New York Times, 01 May 2024
- Zero Hedge, 30 April 2024
- Murdoch's Wall Street Journal (locked), 30 April 2024
- Murdoch's New York Post, 29 April 2024
- Murdoch's Wall Street Journal (locked), 29 April 2024
- Cornell University News, 26 April 2024
- Zero Hedge, 26 April 2024
- Nikkei's Financial Times, 26 April 2024
- Zero Hedge, 24 April 2024
- The Hill, 24 April 2024
- Murdoch's Wall Street Journal (locked), 24 April 2024
- Zero Hedge, 23 April 2024
- Zero Hedge, 23 April 2024
- Zero Hedge, 23 April 2024
- Comcast's CNBC, 22 April 2024
- Ochs-Sulzberger's New York Times, 22 April 2024
- Murdoch's Wall Street Journal (locked), 22 April 2024
- Zero Hedge, 21 April 2024
- Ochs-Sulzberger's New York Times, 21 April 2024
- Zero Hedge, 20 April 2024
- Zero Hedge, 20 April 2024
- Murdoch's Wall Street Journal (locked), 20 April 2024
- Ochs-Sulzberger's New York Times, 20 April 2024
- Murdoch's Wall Street Journal (locked), 20 April 2024
- Barron's, 20 April 2024
- Zero Hedge, 19 April 2024
- Murdoch's Wall Street Journal (locked), 18 April 2024
- Economist, 18 April 2024
- Economist, 18 April 2024
- Bloomberg, 17 April 2024
- Ochs-Sulzberger's New York Times, 17 April 2024
- Ochs-Sulzberger's New York Times, 17 April 2024
- Murdoch's Wall Street Journal (locked), 16 April 2024
- Zero Hedge, 15 April 2024
- Murdoch's Wall Street Journal (locked), 15 April 2024
- Ochs-Sulzberger's New York Times, 13 April 2024
- Ochs-Sulzberger's New York Times, 13 April 2024
- Murdoch's Wall Street Journal (locked), 13 April 2024
- Warner Brothers CNN, 13 April 2024
- Ochs-Sulzberger's New York Times, 12 April 2024
- Ochs-Sulzberger's New York Times, 12 April 2024
- Murdoch's Wall Street Journal (locked), 11 April 2024
- Murdoch's New York Post, 09 April 2024
- Zero Hedge, 09 April 2024
- Zero Hedge, 08 April 2024
- Murdoch's Wall Street Journal (locked), 08 April 2024
- Murdoch's Wall Street Journal (locked), 08 April 2024
- Murdoch's Wall Street Journal (locked), 08 April 2024
- Salon, 06 April 2024
- Zero Hedge, 06 April 2024
- Zero Hedge, 05 April 2024
- Thomson's Reuters, 05 April 2024
- Zero Hedge, 05 April 2024
- Zero Hedge, 05 April 2024
- Comcast's CNBC, 05 April 2024
- Comcast's CNBC, 05 April 2024
- Ochs-Sulzberger's New York Times, 05 April 2024
- The Guardian, 05 April 2024
- Murdoch's Wall Street Journal (locked), 05 April 2024
- Economist, 04 April 2024
- Murdoch's New York Post, 04 April 2024
- Zero Hedge, 04 April 2024
- Murdoch's Wall Street Journal (locked), 04 April 2024
- Comcast's CNBC, 03 April 2024
- Thomson's Reuters, 02 April 2024
- Murdoch's New York Post, 02 April 2024
- Zero Hedge, 02 April 2024
- Murdoch's Wall Street Journal (locked), 02 April 2024
- Zero Hedge, 01 April 2024
- Alibaba's South China Morning Post, 01 April 2024
- Alibaba's South China Morning Post, 31 March 2024
- Ochs-Sulzberger's New York Times, 29 March 2024
- Jiaravanon's Fortune, 28 March 2024
- Zero Hedge, 28 March 2024
- Zero Hedge, 28 March 2024
- The Hill, 28 March 2024
- Zero Hedge, 27 March 2024
- Murdoch's Wall Street Journal (locked), 26 March 2024
- Zero Hedge, 26 March 2024
- Murdoch's Fox News, 26 March 2024
- Murdoch's Wall Street Journal (locked), 26 March 2024
- Murdoch's Wall Street Journal (locked), 26 March 2024
- Associated Press, 26 March 2024
- Ochs-Sulzberger's New York Times, 24 March 2024
- Ochs-Sulzberger's New York Times, 23 March 2024
- Warner Brothers CNN, 23 March 2024
- Murdoch's Wall Street Journal (locked), 23 March 2024
- Murdoch's Wall Street Journal (locked), 23 March 2024
- Zero Hedge, 22 March 2024
- Murdoch's Fox News, 21 March 2024
- Zero Hedge, 21 March 2024
- Zero Hedge, 21 March 2024
- Ochs-Sulzberger's New York Times, 21 March 2024
- NBC News, 20 March 2024
- Zero Hedge, 20 March 2024
- QCostaRica, 20 March 2024
- Ochs-Sulzberger's New York Times, 20 March 2024
- Murdoch's Wall Street Journal (locked), 20 March 2024
- Murdoch's Wall Street Journal (locked), 20 March 2024
- Murdoch's Wall Street Journal (locked), 20 March 2024
- Murdoch's Wall Street Journal (locked), 20 March 2024
- Washinggton Examiner, 19 March 2024
- Murdoch's Wall Street Journal (locked), 19 March 2024
- Rolling Stone, 17 March 2024
- Alibaba's South China Morning Post, 16 March 2024
- Jeff Bezos' Washington Post, 15 March 2024
- Comcast's CNBC, 15 March 2024
- Murdoch's Wall Street Journal (locked), 15 March 2024
- Murdoch's New York Post, 14 March 2024
- Zero Hedge, 14 March 2024
- USA Today, 14 March 2024
- TechSpot, 13 March 2024
- Zero Hedge, 13 March 2024
- Zero Hedge, 12 March 2024
- Ochs-Sulzberger's New York Times, 12 March 2024
- Zero Hedge, 11 March 2024
- Ochs-Sulzberger's New York Times, 11 March 2024
- Murdoch's Wall Street Journal (locked), 11 March 2024
- Murdoch's Wall Street Journal (locked), 09 March 2024
- Zero Hedge, 08 March 2024
- Ochs-Sulzberger's New York Times, 08 March 2024
- Ochs-Sulzberger's New York Times, 08 March 2024
- Murdoch's Wall Street Journal (locked), 08 March 2024
- Zero Hedge, 07 March 2024
- Zero Hedge, 07 March 2024
- The Guardian, 06 March 2024
- Zero Hedge, 06 March 2024
- Zero Hedge, 06 March 2024
- Ochs-Sulzberger's New York Times, 06 March 2024
- Murdoch's Wall Street Journal (locked), 06 March 2024
- Murdoch's Wall Street Journal (locked), 06 March 2024
- Zero Hedge, 05 March 2024
- Zero Hedge, 05 March 2024
- Ochs-Sulzberger's New York Times, 05 March 2024
- Ochs-Sulzberger's New York Times, 05 March 2024
- Murdoch's Wall Street Journal (locked), 05 March 2024
- Murdoch's New York Post, 04 March 2024
- Murdoch's Wall Street Journal (locked), 04 March 2024
- Murdoch's Wall Street Journal (locked), 04 March 2024
- Ochs-Sulzberger's New York Times, 03 March 2024
- Ochs-Sulzberger's New York Times, 03 March 2024
- Ochs-Sulzberger's New York Times, 03 March 2024
- Zero Hedge, 02 March 2024
- Ochs-Sulzberger's New York Times, 02 March 2024
- Ochs-Sulzberger's New York Times, 01 March 2024
- Ochs-Sulzberger's New York Times, 01 March 2024
- Zero Hedge, 29 February 2024
- Comcast's CNBC, 29 February 2024
- Zero Hedge, 28 February 2024
- Murdoch's Wall Street Journal (locked), 28 February 2024
- Ochs-Sulzberger's New York Times, 27 February 2024
- Murdoch's Wall Street Journal (locked), 27 February 2024
- Freight Waves, 26 February 2024
- Ochs-Sulzberger's New York Times, 25 February 2024
- Jiaravanon's Fortune, 24 February 2024
- Murdoch's Fox News, 24 February 2024
- Murdoch's Wall Street Journal (locked), 24 February 2024
- CBS News, 23 February 2024
- MoneyWise, 23 February 2024
- Zero Hedge, 22 February 2024
- Al Jazeera, 21 February 2024
- Ochs-Sulzberger's New York Times, 21 February 2024
- Ochs-Sulzberger's New York Times, 21 February 2024
- Fox News, 20 February 2024
- Ochs-Sulzberger's New York Times, 20 February 2024
- Ochs-Sulzberger's New York Times, 20 February 2024
- Murdoch's Wall Street Journal (locked), 20 February 2024
- Ochs-Sulzberger's New York Times, 18 February 2024
- Ochs-Sulzberger's New York Times, 18 February 2024
- Zero Hedge, 17 February 2024
- Ochs-Sulzberger's New York Times, 17 February 2024
- Barron's, 17 February 2024
- Comcast's CNBC, 16 February 2024
- Ochs-Sulzberger's New York Times, 16 February 2024
- Murdoch's Wall Street Journal (locked), 16 February 2024
- Murdoch's Wall Street Journal (locked), 16 February 2024
- Associated Press, 15 February 2024
- Zero Hedge, 15 February 2024
- Ochs-Sulzberger's New York Times, 15 February 2024
- Zero Hedge, 14 February 2024
- Comcast's CNBC, 14 February 2024
- Zero Hedge, 14 February 2024
- Murdoch's Wall Street Journal (locked), 14 February 2024
- Murdoch's Wall Street Journal (locked), 13 February 2024
- Thomson's Reuters, 12 February 2024
- Frieght Wave, 11 April 2024
- Vox, 11 February 2024
- GoldFix, 11 February 2024
- Business Insider, 10 February 2024
- Al Jazeera, 09 February 2024
- Zero Hedge, 09 February 2024
- Zero Hedge, 09 February 2024
- TechCrunch, 09 February 2024
- Ochs-Sulzberger's New York Times, 09 February 2024
- Alibaba's South China Morning Post, 09 February 2024
- Murdoch's Wall Street Journal (locked), 09 February 2024
- Economist, 08 February 2024
- Comcast's CNBC, 08 February 2024
- Murdoch's Wall Street Journal (locked), 08 February 2024
- Zero Hedge, 05 February 2024
- Zero Hedge, 05 February 2024
- Zero Hedge, 05 February 2024
- Comcast's CNBC, 05 February 2024
- Ochs-Sulzberger's New York Times, 03 February 2024
- Ochs-Sulzberger's New York Times, 03 February 2024
- Zero Hedge, 02 February 2024
- Ochs-Sulzberger's New York Times, 02 February 2024
- Murdoch's New York Post, 01 February 2024
- Murdoch's Wall Street Journal (locked), 01 February 2024
- Murdoch's Wall Street Journal (locked), 31 January 2024
- Comcast's CNBC, 30 January 2024
- Ochs-Sulzberger's New York Times, 30 January 2024
- Ochs-Sulzberger's New York Times, 30 January 2024
- Murdoch's Wall Street Journal (locked), 30 January 2024
- Zero Hedge, 29 January 2024
- Ochs-Sulzberger's New York Times, 29 January 2024
- Murdoch's Wall Street Journal (locked), 29 January 2024
- Ochs-Sulzberger's New York Times, 28 January 2024
- Zero Hedge, 27 January 2024
- Ochs-Sulzberger's New York Times, 27 January 2024
- Ochs-Sulzberger's New York Times, 27 January 2024
- Murdoch's Wall Street Journal (locked), 27 January 2024
- Zero Hedge, 26 January 2024
- Murdoch's Wall Street Journal (locked), 26 January 2024
- Murdoch's Wall Street Journal (locked), 26 January 2024
- Thomson's Reuters, 25 January 2024
- Zero Hedge, 25 January 2024
- Ochs-Sulzberger's New York Times, 25 January 2024
- Ochs-Sulzberger's New York Times, 25 January 2024
- Zero Hedge, 23 January 2024
- Comcast's CNBC, 23 January 2024
- Ochs-Sulzberger's New York Times, 23 January 2024
- Murdoch's Wall Street Journal (locked), 23 January 2024
- Newhouse CNN, 21 January 2024
- Zero Hedge, 20 January 2024
- Ochs-Sulzberger's New York Times, 20 January 2024
- Newhouse CNN, 19 January 2024
- Zero Hedge, 19 January 2024
- Ochs-Sulzberger's New York Times, 19 January 2024
- Zero Hedge, 18 January 2024
- Comcast's CNBC, 18 January 2024
- Zero Hedge, 18 January 2024
- Zero Hedge, 18 January 2024
- Ochs-Sulzberger's New York Times, 18 January 2024
- Murdoch's Wall Street Journal (locked), 18 January 2024
- Zero Hedge, 17 January 2024
- Murdoch's Wall Street Journal (locked), 17 January 2024
- Zero Hedge, 16 January 2024
- The Guardian, 16 January 2024
- Zero Hedge, 16 January 2024
- Ochs-Sulzberger's New York Times, 16 January 2024
- Murdoch's Wall Street Journal (locked), 16 January 2024
- Gizmodo, 15 January 2024
- Ochs-Sulzberger's New York Times, 15 January 2024
- Zero Hedge, 14 January 2024
- Zero Hedge, 13 January 2024
- Murdoch's Wall Street Journal (locked), 13 January 2024
- Murdoch's Wall Street Journal (locked), 13 January 2024
- Zero Hedge, 12 January 2024
- Zero Hedge, 11 January 2024
- Zero Hedge, 11 January 2024
- Zero Hedge, 10 January 2024
- Vice Motherboard, 09 January 2024
- Zero Hedge, 09 January 2024
- Ochs-Sulzberger's New York Times, 09 January 2024
- Issues Insights, 08 January 2024
- Zero Hedge, 08 January 2024
- Comcast's CNBC, 08 January 2024
- PC Magazine, 08 January 2024
- Zero Hedge, 08 January 2024
- Economic Collapse, 07 January 2024
- Murdoch's Barron's, 06 January 2024
- Zero Hedge, 05 January 2024
- Zero Hedge, 05 January 2024
- Zero Hedge, 05 January 2024
- Zero Hedge, 05 January 2024
- Zero Hedge, 05 January 2024
- Ochs-Sulzberger's New York Times, 05 January 2024
- Murdoch's Wall Street Journal (locked), 05 January 2024
- Zero Hedge, 04 January 2024
- Zero Hedge, 04 January 2024
- Zero Hedge, 04 January 2024
- Zero Hedge, 04 January 2024
- Zero Hedge, 04 January 2024
- Ochs-Sulzberger's New York Times, 04 January 2024
- Zero Hedge, 03 January 2024
- Zero Hedge, 03 January 2024
- Murdoch's Wall Street Journal (locked), 02 January 2024
