Archive for the 'Economy' Category
Store Closings In The United States Are On Pace To Set A New Record High In 2025
August 9th, 2025Via: Economic Collapse Blog: So far this year, the total amount of retail space that has been permanently closed has surpassed 120 million square feet. We have never seen anything like this before. Store closings spiked during the early days of the pandemic, but in 2025 stores are being permanently shuttered at an even faster […]
“Providing ChatGPT to the Entire U.S. Federal Workforce” for $1 for a Year
August 6th, 2025Try to imagine the insights into U.S. Government operations that OpenAI will gain from doing this… Also, by interacting with these systems, I wonder if the workers will inadvertently be training AI agents that will replace them? Before you cheer for fewer government workers, consider that fact that AI hallucinations are getting worse, not better: […]
Mexico Mandates Biometric Digital ID by 2026
August 4th, 2025It’s coming very fast now. Via: Reclaim the Net: Mexico has formally mandated the use of a new biometric-based digital ID system, making compulsory a previously voluntary identification mechanism known as the Unique Population Registry Code, or CURP. Under the new law, CURP IDs will now incorporate detailed personal biometric records, including fingerprints, iris scans, […]
AI Is Doing Job Interviews Now
August 4th, 2025Via: Fortune: AI is replacing human hiring managers in job interviews—and candidates are pushing back. Despite being unemployed, professionals told Fortune they’re refusing to take calls with bots, calling it an “added indignity” and a red flag for company culture. Still, stretched-thin HR teams say it’s the only way to handle thousands of applicants.
Companies Offering Top AI Researchers Hundreds of Millions of Dollars
August 3rd, 2025Via: Ars Technica: Silicon Valley’s AI talent war just reached a compensation milestone that makes even the most legendary scientific achievements of the past look financially modest. When Meta recently offered AI researcher Matt Deitke $250 million over four years (an average of $62.5 million per year)—with potentially $100 million in the first year alone—it […]
The Real Reasons Companies Want You on Their App
July 26th, 2025Via: idiallo: The answer, in short, is data. A lot of it. And access. A whole lot more of that too. Think about it this way. What can a website on your browser really get from you? Unless you manually upload your contact information, or there’s a serious security vulnerability, a website’s access to your […]
U.S. Birth Rate Hits All-Time Low, CDC Data Shows
July 24th, 2025In other news: Lower Birth Rate in Women Who Took Covid Vaccinations Via: CBS: The fertility rate in the U.S. dropped to an all-time low in 2024 with fewer than 1.6 children being born per woman, federal data released Thursday shows. The U.S. was once among only a few developed countries with a rate that […]
Government Grocery Store in Missouri: Empty Shelves, Smell of Rot
July 24th, 2025Via: ZeroHedge: One of the dozen or so socialist policy proposals from NYC Democratic mayoral nominee Zohran Mamdani is the creation of government-funded grocery stores. While the Democratic Party increasingly embraces socialist and Marxist-leaning policies, such as the seizure of private property, this idea of government-funded grocery stores appears disconnected from both fundamental economic realities […]
European Central Bank: “Applications for the Design Contest for Our Future Banknotes Are Now Open!”
July 16th, 2025The new designs for the future EU banknotes are in, beautifully fitting the given assigned theme of "European culture". Which one is your favorite? https://t.co/p7vcxrAx9j pic.twitter.com/hMqzkALSlu — Rob | Bitsaga.be (@BitsagaRob) July 15, 2025
U.S. Dollar Down Over 7% in 2025
July 4th, 2025Via: Semafor: The US dollar is on track for its worst year in modern history and may not be done falling yet. The greenback is down more than 7% this year and Morgan Stanley predicts it could fall another 10%. A weaker dollar could make US exports more competitive, boosting Trump’s plan to rebalance US […]
