Archive for the 'Economy' Category
And Now… Seagate and Western Digital Sell Out of Hard Drives
February 16th, 2026Seagate’s Hard Drives Are Sold Out Through 2026 as AI Storage Boom Continues: The company’s nearline storage capacity is completely sold out through calendar 2026, with orders for 2027 opening soon and discussions already underway for 2028. Hard drives are already sold out for the entire year, says Western Digital: Looking to buy a new […]
Kathy Ruemmler and “Uncle Jeffrey”: Top Lawyer Goldman Sachs Lawyer, and Former White House Counsel to President Barack Obama, Announces Resignation
February 12th, 2026Via: AP: Kathy Ruemmler, the top lawyer at storied investment bank Goldman Sachs (GS) and former White House counsel to President Barack Obama, announced her resignation Thursday, after emails between her and Jeffrey Epstein showed a close relationship where she described him as an “older brother” and downplayed his sex crimes. … While Ruemmler has […]
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 […]
