Archive for the 'Economy' Category
Apple Will Begin Manufacturing Mac Mini In Texas Later This Year
February 24th, 2026Via: Apple: Apple today announced a significant expansion of factory operations in Houston, bringing the future production of Mac mini to the U.S. for the first time. The company will also expand advanced AI server manufacturing at the factory and provide hands-on training at its new Advanced Manufacturing Center beginning later this year. Altogether, Apple’s […]
OpenAI Is Suddenly in Trouble
February 21st, 2026Via: Cold Fusion TV: Related: AI Fails at 96% of Jobs (New Study)
Supreme Court Strikes Down Trump Tariffs
February 20th, 2026Update: Trump Says He Will Raise U.S. Global Tariff Rate from 10% to 15% — Update: Live: Trump Press Conference — The U.S. might have to refund $175 billion. Via: ZeroHedge: The Supreme Court on Friday struck down Trump’s tariffs. In a 6-3 decision (170-pages), the court ruled that Trump’s use of the 1977 International […]
As Refineries Close, California Needs to Get Gasoline Transhipped Through the Bahamas
February 16th, 2026This is so painfully retarded that I struggled to read all of it. Via: Bloomberg: US supplies of gasoline are being shipped out of the country to travel thousands of miles via the Bahamas before finally ending up in California, a state battling shrinking fuelmaking capacity and high pump prices. Shipments on the circuitous route […]
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 […]
