Archive for the 'Economy' Category
Trump: 100% Tariffs on BRICS Countries If They Create New Currency that Competes Against U.S. Dollar
November 30th, 2024Rate of Insider Selling Highest in Two Decades
November 28th, 2024Via: Real Investment Advice: Record numbers of US executives are selling shares in their companies, as corporate insiders from Goldman Sachs to Tesla and even Donald Trump’s own media group cash in on the stock market surge that has followed his election victory. The rate of so-called insider sales has hit a record high for […]
Trying to Solve Fusion Power Generation with AI
November 26th, 2024Via: The Chemical Engineer: FUSION energy development is locked in step with artificial intelligence (AI), according to the findings of a new survey into how companies are using it to rapidly iterate their technology. There’s a well-worn putdown that nuclear fusion has struggled to shake: that the technology is only 30 years from commercial application, […]
Janette Nesheiwat: Trump’s Covid Swamp Pick for U.S. Surgeon General Praised Social Media Companies for Censoring Vaccine Information
November 25th, 2024Trump's pick for Surgeon General, Janette Nesheiwat, praised Facebook for censoring anti-vaccine information, adding that she will "hope and pray" other social media companies do the same. pic.twitter.com/Zqpz6ktLWs — TechJudge (@techjudge) November 23, 2024 Dr. Janette Nesheiwat supported masking kids in school. DEALBREAKER. https://t.co/3ERoCD7tBR — Liz Wheeler (@Liz_Wheeler) November 23, 2024 ?10 videos of Janette […]
Trump Vows New Canada, Mexico, China Tariffs that Threaten Global Trade
November 25th, 2024Do you need any electronics, mobile phones, computers, displays, or any other things not made in the U.S.? Even if companies were to capitulate and build factories in the U.S. (some will, most won’t) it’s not going to happen in time. Via: Reuters: President-elect Donald Trump on Monday pledged big tariffs on the United States’ […]
Drain the Swamp: Donald Trump Picks Scott Bessent, a Former Soros Money Manager, for Secretary of the Treasury
November 23rd, 2024Via: CBC: U.S. president-elect Donald Trump announced Friday that he’ll nominate former George Soros money manager Scott Bessent, an advocate for deficit reduction, to serve as his next treasury secretary. Trump said online Bessent would “help me usher in a new Golden Age for the United States.” Bessent, 62, is the founder of hedge fund […]
Pentagon Fails Another Financial Audit
November 20th, 2024Oh, “Making good progress,” is it? Mmm hmm. Via: The Hill: The Pentagon on Friday failed its seventh audit in a row, with the nation’s largest government agency still unable to fully account for its more than $824 billion budget, though officials stress they are making good progress toward a clean audit in 2028.
HarperCollins Confirms It Has a Deal to Sell Authors’ Work to AI Company
November 19th, 2024Via: 404 Media: HarperCollins, one of the biggest publishers in the world, made a deal with an “artificial intelligence technology company” and is giving authors the option to opt in to the agreement or pass, 404 Media can confirm. A spokesperson for HarperCollins told 404 Media in a statement: “HarperCollins has reached an agreement with […]
The EdTech Revolution Has Failed
November 12th, 2024I’m not sure when I first posted about this scam, but I found one from 2011. The tech elite who pushed this nonsense knew that it would result in disaster. Mission accomplished. Via: After Babel: When smartphones and social media platforms swept into teens’ lives in the early 2010s, schools experienced their own digital revolution, […]
Does Warren Buffett Know Something That We Don’t?
November 12th, 2024Via: Wall Street Journal: When the world’s most-followed investor doesn’t feel comfortable investing, should the rest of us be worried? Warren Buffett, who has quipped that his favorite holding period for a stock is “forever,” continues to have substantial money at work in American companies. But he has never taken this much off the table […]
