Archive for the 'Economy' Category
Layoffs Accelerating
November 25th, 2025Via: CNBC: The U.S. labor market is showing further signs of weakening as the pace of layoffs has picked up over the past four weeks, payrolls processing firm ADP reported Tuesday. Private companies lost an average of 13,500 jobs a week over the past four weeks, ADP said as part of a running update it […]
Trump Orders Moonshot-Like ‘Genesis Mission’ Relying on AI to Merge Science Data Across the U.S.
November 25th, 2025I wonder if this will be used to launder technologies out of the black world… Via: Independent: That’s one giant leap for AI. The Trump administration is unleashing thousands of massive data sets — compiled by agencies throughout the federal government — and the capabilities of America’s world-renowned national laboratories into a government-wide effort to […]
Google Producing AI Processors, Negotiating Partnership with Meta
November 25th, 2025Via: Tom’s Hardware: Meta may be on the cusp of spending billions on Google AI chips to power its future developments, as the social-media giant is reportedly in talks to both buy and rent Google compute power for its future AI endeavours, as reported by The Information, via Reuters. The ongoing negotiations reportedly involve Meta […]
Americans With Four-Year Degrees Now Comprise a Record 25% of Unemployed Workers
November 24th, 2025Via: ZeroHedge: The widening mismatch between an oversupply of college-educated workers and a deepening shortage of talent for non-degree, hands-on jobs has grown even more pronounced. Bloomberg reports that the latest delayed BLS data shows a sharp deterioration in white-collar jobs, especially those holding four-year degrees, now making up a record 25% of all unemployed […]
RAMpocalypse: AI Buildout Sends Memory Prices Skyrocketing
November 22nd, 2025I bought a 32GB (2x16GB) kit of CORSAIR Vengeance 6000MHz CL30 DDR5 on November 25, 2024 for $99.99. I thought I should buy another 32GB of that before prices rise… The same product is $427.99 now. haha Via: Tweaktown: With the AI boom and the rise of next-gen data centers in nearly every major city, […]
$1.2 Billion Suspicious Epstein Transactions? Wyden Demands Investigation After JP Morgan Failed To Report For Years
November 21st, 2025Via: ZeroHedge: On Thursday morning, Sen. Ron Wyden (D-OR) called for an investigation into whether JPMorgan Chase deliberately concealed suspicious transactions by Epstein. You really just need to look at Exhibit A in Wyden’s memo (dated Wednesday) based on unsealed court records: the number of transactions flagged as suspicious between 2002 – 2016, vs. a […]
U.S. Government To Buy 10 Large, New Nuclear Reactors
November 20th, 2025Via: ZeroHeadge: Hot on the heels of news that it will invest “hundreds of billions” in loans to the nuclear power industry, including one already disbursed loan for $1BN to restart Three Mile Island, Bloomberg reported that the US government also plans to buy and own as many as 10 new, large nuclear reactors that […]
“Potentially Transformative” Rare Earth Elements Discovery in Alaska
November 19th, 2025Keyword: Potentially Via: Discovery Alert: Recent geological investigations at Graphite One’s Graphite Creek facility in Alaska have revealed a potentially transformative development for North American critical minerals energy security. In November 2024, the company confirmed the presence of five permanent-magnet rare earth elements within garnet-bearing rocks at the same location designated for graphite extraction in […]
Senate Unanimously Approves Bill to Force Release of Epstein Files
November 18th, 2025*yawn* The Epstein files are like UFO disclosure, JFK, 9/11 etc. At maximum, only carefully managed limited hangouts will be released. There is no way that the full extent of the Epstein situation will ever come out. Via: The Hill: The Senate agreed by unanimous consent Tuesday to approve a House-passed bill to require the […]
Apple’s Quiet Path to Identity Control
November 18th, 2025Via: The Highwire: Apple’s new Digital ID feature has arrived. And in true Apple fashion, it is dressed in the language of ease and convenience. Scan your passport into your iPhone or Apple Watch. Move through TSA with a quick tap. In other words, no wallet, no cards, and no friction. If you listen to […]
