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Items tagged with: economy


“Indigenous youth… bring knowledge, fresh perspectives, and a deep-rooted commitment to stewardship of the land… Do they know how important they are in assisting with a resource development resurgence and transformation? We need them to embrace this…”

#Indigenous #resources #economy #energy

windspeaker.com/news/opinion/i…


#TACO news

New #China #Trade ‘Deal’ Just Takes The #US Back to Where It Started

If a handshake agreement holds, it will merely undo some of the #damage from the #TradeWar that #Trump started.

#economy #tariffs #inflation #recession #geopolitics #TrumpIsWeak
nytimes.com/2025/06/11/us/poli…


More proof this is entirely unnecessary & serves #Trump’s interests alone.

• Distract you from his many other #illegal activities, his ineffectuality geopolitically, & his tanking of the #economy.

• Finally achieving his long coveted goal of creating an #authoritarian #MilitaryState in which no one is allowed to criticize him or even say they don’t like him.

#law #PosseComitatusAct #democracy #RightToProtest #Gestapo #California #NationalGuard #Marines #immigration
apnews.com/live/immigration-pr…


Trump’s call with Xi has eased some trade tensions — but an expert on U.S.-China relations says #China holds the upper hand in this week’s talks.

theconversation.com/trumpxi-ca…
#USPolitics #Economy


Trump’s promise to end taxes on tips sounds great, but the bill only covers reported cash tips, excludes some jobs, and still requires Social Security taxes to be paid.

Plus, the break may expire in a few years.

The fine print isn’t as generous as it seems, writes an economist:
theconversation.com/for-trumps…

#economy #Trump #USPolitics


“Who loves this the most are criminals and the cartels, because all the profit just got put right into their pockets.”

New from Kit @oconnell: Texas is renewing its commitment to a draconian state tradition— marijuana prohibition— with a new law that will cost 10,000s of jobs if it goes into effect. texasobserver.org/dan-patrick-…

#cannabis #drugs #law #TXlege #Texas #news #politics #USpol #health #economy


The #UnitedStates has had a failing public #education system for generations. It has been evident in the #PISA global standardized test scores, and it is now evident in the rise of #fascist #authoritarianism in #USpol. Our #economy is next.

#Resist #Trumpcession #8647now #NoKings


In Defense of the Middle Class:
When entrepreneur, NYU Business professor, philanthropist & UCLA Bruin 👌 Scott Galloway breaks down how the biillionaire class is destroying America... and how this will end.
#economy #america #middleclass #scottgalloway #billionaires


Opposition to #Trump's tax-cut & spending bill from hardline conservative #Republicans in the US #Senate & billionaire #ElonMusk adds another layer of #uncertainty for businesses.

Employers' reluctance to lay off #workers potentially keeps the US central bank [#FederalReserve] on the sidelines until the end of the year. Financial #markets expect the Fed will leave its benchmark overnight interest rate unchanged in the 4.25%-4.50% range this month, before resuming policy easing in Sept.
#economy


The #economy needs to create roughly 100,000 jobs per month to keep up with growth in the working age population. That number could decline as #Trump has revoked the temporary legal status of hundreds of thousands of migrants amid an #immigration crackdown.

Much of the job growth this year reflects worker hoarding by businesses amid Trump's flip-flopping on #tariffs, which economists say has hampered companies' ability to plan ahead.


#US #job growth slows in May; #unemployment steady at 4.2%

#JobGrowth slowed in May amid #Trump #tariff uncertainty, while the unemployment rate held steady at 4.2%, potentially giving the #FederalReserve cover to delay resuming interest rate cuts for a while.
Nonfarm payrolls increased by 139k jobs last month after rising by a downwardly revised 147k in April, the #Labor Dept's Bureau of Labor Statistics [#BLS] said in its closely watched employment report Fri.
#economy
reuters.com/world/us/us-job-gr…


In the #House version of the bill, #Republicans also turned to some well-worn gimmicks in a bid to lower the sticker price of the #legislation. Several of the bill’s tax cut provisions, including #Trump’s campaign pledges to not tax #tips & #overtime pay, would last for only a few years. Those cuts could become far more costly if they were continued.

#NationalDebt #CBO #PublicDisservice #USpol #law #economy #government #SocialServices #education #Medicaid #healthcare #FoodAssistance


The #CBO analysis focused on the version of the bill that passed the #House late last month, but the cost estimate could change as #Republicans in the #Senate begin to put their imprint on the legislation. #GOP lawmakers there want to deepen some of the bill’s tax cuts, while others are pressing to pare back some its #cuts to #Medicaid, the government #healthcare program for the #poor, & #CleanEnergy tax incentives.

#USpol #economy #government #NationalDebt #Trump


The nonpartisan Congressional Budget Office [#CBO] said Wednesday that the broad Republican bill to cut taxes for corporations & the wealthy & slash federal programs would add $2.4 trillion to the already soaring #NationalDebt over the next decade, in an analysis that was all but certain to inflame concerns that #Trump’s domestic agenda would lead to excessive government borrowing.

#USpol #economy #government
nytimes.com/2025/06/04/us/poli…


Is #Musk’s New #XChat #Bitcoin #Encryption Too Good to Be True? (Spoiler: NO!!!!😱)


source: cryptorank.io/news/feed/16934-…

However, as some #cryptography experts have pointed out, Bitcoin itself does not #encrypt #transactions, but rather signs them, so that the ”Bitcoin-style encryption” label is more of a #marketing phrase than an engineering term.


#chat #messenger #communication #security #cybersecurity #economy #ElonMusk #fail #problem #software #news #privacy #knowhow #crypto #knowledge


#Meta and #Yandex are de-anonymizing #Android users’ #web browsing #identifiers


source: arstechnica.com/security/2025/…

#Tracking code that Meta and #Russia - based Yandex embed into millions of websites is de-anonymizing visitors by abusing legitimate #Internet protocols, causing #Chrome and other browsers to surreptitiously send unique identifiers to native apps installed on a device, researchers have discovered. #Google says it's investigating the abuse, which allows Meta and Yandex to convert ephemeral web identifiers into persistent #mobile #app user identities.


#anonymity #surveillance #www #privacy #browser #fail #warning #danger #history #software #fail #problem #economy #news #identify #usa #politics #bigbrother


How this billion-dollar #London #startup backed by #Microsoft made 700 engineers sitting in #India pose as #AI


source: timesofindia.indiatimes.com/te…

#fail #technology #economy #fraud #problem #work #news #product #crap


#Cannabis found in #Haribo #candy bags prompts urgent #recall


source: nltimes.nl/2025/05/29/cannabis…

#fail #wtf #omg #problem #drugs #children #kids #news #economy #warning


The Human #Brain May Contain as Much as a Spoon’s Worth of #Microplastics, New #Research Suggests


source: smithsonianmag.com/smart-news/…

#Microplastic concentrations were also three to five times higher in the brains of patients with #dementia, compared to cognitively normal brains. It’s not clear whether microplastics may cause or contribute to dementia, nor whether dementia-induced changes to the brain might allow more microplastics to enter.


#health #humanity #economy #food #news #science #warning #danger #mental #problem #environment


WTF

A federal appeals court on Thursday allowed #Trump to continue collecting #tariffs under an #EmergencyPowers law for now, as his admin appeals an order striking down the bulk of his signature set of economic policies.

The Court of Appeals for the Federal Circuit granted an emergency motion from the Trump admin arguing a halt is “critical for the country’s national security.”[bull-fucking-shit]

#law #judiciary #Constitution #SeparationOfPowers #Congress #economy
apnews.com/article/trump-trade…


#Chip #software stocks sink on report #Trump ordered halt to #China #sales


source: cnbc.com/2025/05/28/chip-softw…

The report follows the Trump #administration's decision to get rid of the #Biden - era chip "Diffusion Rule" that limited the #export of artificial intelligence processors to China.


#cpu #ai #technology #trade #whitehouse #politics #usa #government #news #economy


#Microsoft blocks #emails that contain ‘Palestine’ after #employee protests


source: theverge.com/tech/672312/micro…

Microsoft confirmed to The Verge that it has implemented some form of #email changes to reduce “politically focused emails” inside the #company.


#economy #politics #palestine #israel #protest #censorship #war #conflict #problem #news #idf


Federal #trade #court blocks #Trump from imposing sweeping #tariffs under *#EmergencyPowers* #law

The ruling from a 3-judge panel at the New York-based Court of #InternationalTrade came after several lawsuits arguing Trump has exceeded his #authority, left US trade policy dependent on his whims & unleashed economic chaos.

#economy #inflation #recession #authoritarianism #AmericanAutocracy
apnews.com/article/trump-tarif…


#Trump suspended some sales to #China of critical US #tech, including those related to jet #engines, #semiconductors & certain #chemicals. The move is a response to China’s recent restrictions on exports of critical #minerals to the US, a decision by Beijing that has threatened to cripple #US #SupplyChains.
The new limits are pushing the world’s largest economies a step closer toward #SupplyChain #warfare, as the US & China flex their power.
#economy #inflation #recession
nytimes.com/2025/05/28/busines…


#Trump threatens 50% #tariffs on #EU & 25% penalties on #Apple as his #TradeWar intensifies

Trump on Fri threatened a 50% #tax on all imports from the #EuropeanUnion & a 25% tariff on Apple products unless #iPhones are made in US.

The threats, delivered on social media, reflect his ability to disrupt the #GlobalEconomy with an outburst of typing, & the reality that his tariffs have yet to produce the deals he is seeking or the return of domestic manufacturing.

#economy
apnews.com/article/trump-tarif…


#Lego Shuts Down #Bionicle #Fan #Game After 8 Years In Development


source: gamespot.com/articles/lego-shu…

Although Lego has not provided any justification, the #developer suggests that it might be because Masks of Power has acquired a high profile that is increasingly competing with official Lego products.


The quality of your game is far too good and would make our brand more valuable, so it must be banned. Do you understand #capitalism...

#gamer #gaming #fail #company #economy #politics #problem #news #fanbase


#Google backs down after locking out #Nextcloud Files #app


Source: theregister.com/2025/05/17/goo…

However, for a file #synchronization app like Nextcloud's, the "All files #access" #permission was required. And it had been granted for years until, quite suddenly, it wasn't anymore. The result was a crippled app in the #PlayStore, and Google appeared to ignore repeated requests for an #explanation.


#android #foss #floss #opensource #software #freedom #bigtech #economy #fail #problem #news #file #cloud


#AI #chatbots have had no significant impact on earnings or recorded hours in any #occupation, with confidence intervals ruling out effects larger than 1%.


Source: nber.org/papers/w33777

#study #technology #work #job #economy #bot #problem #efficiency #news


#Tesla - good for the #environment or good for #AltRight?


Watch: m.youtube.com/watch?v=lw4ZjhOu…

#video #car #musk #protest #tank #electricity #nonazis #usa #maga #politics #trump #problem #economy #qAnon


Two days before Trump announced dramatic plans for “reciprocal” tariffs on foreign imports, Transportation Secretary Sean Duffy sold stock in almost three dozen companies, according to records reviewed by ProPublica.

propublica.org/article/sean-du…

#News #Tariffs #Trump #SeanDuffy #Stocks #Trade #Economy #Business #USPolitics


Scientists have been studying remote work for four years and have reached a very clear conclusion: “Working from home makes us happier.”

farmingdale-observer.com/2025/…

#economy #employment #careers #workers #employees #workersrights #business


#Analysis: Clean #energy just put #China’s #CO2 #emissions into reverse for first time


source: carbonbrief.org/analysis-clean…

The analysis, based on official figures and commercial data, shows that China’s CO2 emissions have now been stable, or falling, for more than a year.


#economy #climate #future #politics #hooray #news #earth #nature