Archive for the 'Economy' Category
U.S. Budget Hole Set to Deepen by Trillions
February 11th, 2026Via: Wall Street Journal: The U.S. budget deficit will remain roughly flat for the next two years and then widen over the next decade as interest costs consume an increasing share of spending, the Congressional Budget Office said Wednesday in a forecast that highlighted the country’s long-run fiscal challenges. The U.S. is projected to run […]
Elon Musk’s Latest Scheme Is a Satellite Catapult on the Moon
February 11th, 2026My guess is that Musk has read The Moon Is a Harsh Mistress and that we’re all being trolled. Via: Engadget: With his newfound focus on the Moon, Elon musk is making some wild new plans. In an xAI meeting with employees, Musk said the company needed to build an AI satellite factory on the […]
Florida: Why Talking About Sugar Could Get You Sued
February 7th, 2026Via: Dr. Berg:
New Site Lets AI Rent Humans
February 6th, 2026I think that it’s not satire. Via: Futurism: The machines aren’t just coming for your jobs. Now, they want your bodies as well. That’s at least the hope of Alexander Liteplo, a software engineer and founder of RentAHuman.ai, a platform for AI agents to “search, book, and pay humans for physical-world tasks.” When Liteplo launched […]
Exposing How the U.S. Government Commits Fraud Against its Citizens
February 5th, 2026Good, now do the Pentagon. Via: Nick Shirley:
California High Speed Rail Project Fraud, “Multibillion-Dollar Money Pit”
February 5th, 2026Via: New York Post: Gavin Newsom is desperately trying to keep secret key details of California’s troubled High Speed Rail project — now costing taxpayers about $215 million per mile. The California Post has obtained records detailing 58 separate construction projects built over the past eight years along the 171-mile Central Valley route running between […]
January Layoffs Highest Since 2009
February 5th, 2026Via: CNBC: Layoff plans hit their highest January total since the global financial crisis while hiring intentions reached their lowest since the same period, outplacement firm Challenger, Gray & Christmas reported Thursday. U.S. employers announced 108,435 layoffs for the month, up 118% from the same period a year ago and 205% from December 2025. The […]
SpaceX Acquires xAI in $1.25 Trillion Merger
February 3rd, 2026Via: Reuters: Elon Musk said on Monday that SpaceX has acquired his artificial-intelligence startup xAI in a record-setting deal that unifies Musk’s AI and space ambitions by combining the rocket-and-satellite company with the maker of the Grok ?chatbot. The deal, first reported by Reuters last week, represents one of the most ambitious tie-ups in the […]
Ed Dowd: Never Seen Risk Like This Before in My Career
February 2nd, 2026Via: USA Watchdog: Dowd says, “This is a big call, and what is going to happen does not happen that often. We will try to call the bottom in the future, but right now, I have never seen risk like this before in my career. This has been unfolding. . .. I have not been […]
SpaceX: 1 Million Satellites For Orbital Data Center [???]
January 31st, 2026Via: PC Magazine: SpaceX is requesting to launch up to one million satellites to create a network of orbiting data centers around Earth. Late on Friday, the company filed the request with the Federal Communications Commission, describing the project as a “constellation of satellites with unprecedented computing capacity to power advanced artificial intelligence (‘AI’) models […]
