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Items tagged with: economy


Why most #politicians are not calling for #DataCenter bans despite #voters’ anger

Many Americans are furious about the #energy-guzzling behemoths that drive #ArtificialIntelligence, but politicians in both parties are cautious about backing all-out prohibition.

#electricity #ClimateChange #ClimateCrisis #AI #DataCenters #tech #law #regulations #midterms #elections #money #power #CostOfLiving #economy
washingtonpost.com/politics/20…


#news #google #cybersecurity #internet #ai #technology #software #support #googledrive #cloud #customer #economy #online #service #fail #bigtech #company #evil #security


Bonobo - 2026-06-04 23:19:30 GMT

Manga Artist Loses Entire Google Account After AI Flags His Own Artwork on Drive

Japanese manga artist Masahiro Itosugi, creator of the adult series Aki Sora, had his Google account suspended after uploading old manga manuscripts to Google Drive. His appeal was reviewed and rejected, and the artist suspects that at every stage he was dealing with an AI moderator, not real employees.

glitchwire.com/news/manga-arti…
🤖


Sing 🎶 along with me: “The #education bone 🦴 is connected to the #economy 💰 bone…”

People who don’t want undocumented children educated want the #UnitedStates to be weakened. These people are tools of #Russia , #China and other usual suspects.

#Resist intelligently.


If you don't know, #Russia has an annual #economy forum

So we're already in a joking mood

They had a 'Russia 2050' report

3 scenarios for 25 years out:

1. inertial: "American and Chinese hegemony"
2. bad: Russia loses the war and is "colonized"
3. good: "ideological war" victory, nukes are used for some reason, Kyiv/ Odesa/ Kharkiv/ "and so on" annexed and the #EU disintegrates I guess just for funsies

There's better amateur fan fiction conventions

euromaidanpress.com/2026/06/03…

#UkraineWar


Holy hell, they finally found their ovaries

In a first, #House votes to block #Trump from ordering further #strikes on #Iran

The #Senate advanced a similar #WarPowers resolution last month on a procedural vote, reflecting growing impatience with a conflict #Congress hasn’t authorized.

#OvaryUp #TrumpsWar #IranWar #US #war #ForeverWars #RulesOfWar #law #geopolitics #NationalSecurity #MiddleEast #economy #inflation #affordability #CostOfLiving #oil #energy #EnergyCrisis
cnn.com/2026/06/03/politics/ho…


#GiftArticle

This is what he’s talking about when he says he’s cut taxes:

#Trump Has Allowed #Corporations to Skirt at Least $40 Billion in #Taxes

#TaxHavens became more appealing after Trump signed an order over a year ago to withdraw the #US from an international effort to end such schemes.

#law #plutocracy #criminal #billionaires #TaxDodging #TaxShelters #CorporateTax #business #economy #IRS #SEC
nytimes.com/2026/05/29/busines…


Climbing #Inflation

#Prices in the #US are rising at the fastest pace in years.

Officials at the #CentralBank [#FederalReserve] have embraced the possibility of higher #InterestRates [& #JeromePowell is NOT chairing the board anymore] to get resurgent inflation under control.

#economy #affordability #CostOfLiving #recession #trumpcession #Trump #policy
nytimes.com/2026/05/28/busines…


The Guardian: US inflation rose at fastest pace in three years in April as Iran war hikes up prices

theguardian.com/business/2026/…

#inflation #war #hunger #economy


The #US military carried out ​new #strikes overnight in #Iran targeting a military site that ‌officials claimed posed a threat to US forces & commercial maritime traffic in the #StraitOfHormuz, a ​US official told Reuters on Wednesday.

The official…said the US military also intercepted & shot down multiple ​Iranian drones that they claimed posed a similar threat.

#TrumpsWar #IranWar #ForeverWars #Trump #RulesOfWar #law #Congress #WarPowers #economy #EnergyCrisis
reuters.com/world/middle-east/…


#ReflectingPool Contract Has ‘#Inflated’ #Profit Margin, Government Analysis Finds

Atlantic Industrial Coatings, the Virginia-based contractor, is being paid $13.1 million, which is seven times the amount that #Trump initially said the work would cost.

The firm that was given a no-bid contract to “repair” the Lincoln Memorial Reflecting Pool, is charging 20%. The typical profit margin is 6% to 12%, internal records show.

#GovernmentWaste #scam #economy
nytimes.com/2026/05/27/us/poli…


CNN:New Fed report warns of ‘remarkable’ increase in households skipping meals due to food costs

"...There’s been a “remarkable” increase over the past few years in Americans struggling to put food on the table, and that’s likely contributing to record-low consumer sentiment readings, new Federal Reserve Bank of New York research showed Wednesday. ..."

lite.cnn.com/2026/05/27/econom…

#economy #inflation #hunger


So much for the “deal”

#US targets #Iran missile launch sites & boats in "self-defense" strikes

The US #military conducted “self-defense strikes” [not a thing] targeting Iranian missile launch sites & boats around the #StraitOfHormuz Monday amid a “ceasefire” between the 2 countries & ongoing negotiations to end the #war, according to CENTCOM.

#FactCheck #TrumpLies #TrumpsWar #IranWar #law #Congress #WarPowers #geopolitics #NationalSecurity #economy #oil #EnergyCrisis
cnn.com/2026/05/25/world/live-…


Staggering dip in #US #tourism is a troubling sign for the future

There’s no sugarcoating it. The complete 2025 data is in, & the message is clear: International visitors stayed away from the US in the first real year-over-year decline since the COVID19 pandemic. The drop in visitors was larger than during the global #recession of 2008.
This time, it wasn’t a pandemic or a collapse of the market—it was #Trump.

#economy #immigration #WhiteChristianNationalism #HateSpeech
cnn.com/2026/05/25/travel/anal…


#US & #Iran Agree “In Principle” to Reopen #StraitOfHormuz, US Official Says

The official said Iran had also agreed to dispose of highly enriched #uranium, but stressed that a deal had not yet been signed. US & Iranian officials have described the terms differently.

#TrumpsWar #IranWar #Trump #WarCrimes #law #Congress #WarPowers #geopolitics #NationalSecurity #MiddleEast #economy #inflation #affordability #CostOfLiving #oil #energy #EnergyCrisis
nytimes.com/live/2026/05/24/wo…


#US bears brunt of Israel’s missile defense, #Pentagon assessments show

The US military has depleted much of its inventory of advanced missile-defense interceptors after expending far more high-end munitions defending #Israel amid hostilities with #Iran than Israeli forces used themselves, according to #Defense Department assessments described to WaPo.

#Trump #TrumpsWar #IranWar #law #Congress #WarPowers #GovernmentSpending #GovernmentWaste #NationalSecurity #economy
washingtonpost.com/national-se…


It's pretty interesting to see #China order a #US company to unwind the purchase of another company in #Singapore, after it was already complete.

🇺🇸 #Meta > 🇸🇬 #Manus ❌ 🇨🇳 #Government

reuters.com/technology/chinas-…

#SingaporeWashing #News #Business #AI #ArtificialIntelligence #Legal #Politics #Reuters #Economy #Tech


Wired: Meta Employees Are Scrambling to Use Up Benefits Ahead of Layoffs

On the eve of about 8,000 jobs being cut, employees are cashing in on headphone stipends and other perks while they still can.

"...Two employees describe a widespread rush to use up an annual $2,000 flexible benefit, which can cover a variety of expenses including health and wellness activities. A separate triennial credit of $200 toward the purchase of audio gear has led to a scramble to purchase Apple AirPods and other headphones. Another source says Meta offices have been largely empty this week, as people prioritize polishing their résumés and gather offsite to commiserate with friends for what may be their final time as colleagues. Employees are variously “paralyzed,” “coasting,” and “panicked,” sources say...."

wired.com/story/meta-employees…

#meta #ai #jobs #economy #facebook


After Supreme Court losses on tariffs, Trump is pivoting to Section 301 authority, which sets no limit on tariff amounts and gives him country-by-country discretion. A trade economist says it's an unprecedented move likely to face court challenges.
theconversation.com/how-trump-…

#tariffs #economy #trade

theconversation.com/how-trump-…


Story: theconversation.com/whats-in-t…
#economy #gasprices #fuelcosts #inflation #money
theconversation.com/whats-in-t…


#Trump Remarks Reveal a [Callous] #Billionaire Out of Touch

With his generational wealth, his 20-acre Mar-a-Lago estate in Palm Beach, FL, & his lucrative family businesses around the world, Trump has never…[been]…an ordinary American.

Instead, he has argued that he could use his [bogus] business savvy to help lift up the country’s forgotten men & women.

#US #economy #inflation #CostOfLiving #affordability #recession #trumpcession
nytimes.com/2026/05/17/us/poli…


Okay, if this is real, this is worse than I was expecting. I've been thinking about secondary outputs but I've been thinking way more about plastics, inks, other secondaries.

I have been worried about products shortages but maybe not enough. I am and have been assuming that there will be preferential distribution to corporations (which obviously includes most freight) and least preference given to individuals trying to do their own work themselves - e.g., like RAM over the last several months. But I haven't thought about the price side of that.

And holy shit it's gonna get fugly.

So, uh, yeah.

Maybe buy an ebike. Maybe make some plans.

bsky.app/profile/carlquintanil…

#oil #OilPrice #IranWar #fascism #economy #EpsteinWar


#Senate confirms #Trump pick #KevinWarsh as chair of the #FederalReserve bringing #partisan leadership to the world’s most powerful #CentralBank at a fraught moment for the #global #economy.

apnews.com/article/fed-warsh-s…


(me: calling this the The Faux News Schism)

PBS: Older Americans say it's a good time to find a job. Younger people aren't buying it

pbs.org/newshour/economy/older…

#economy #jobs #unemployment


"Legal #immigrants🚨are losing their jobs & their legal status not bc THEY did anything wrong, but bc the GOVT refuses to adjudicate the appls they paid for & filed. It should be a massive scandal."
-A R-Melnick

"100s of 1000s of leg IMMs🚨find themselves in limbo after USCIS refuses to process their cases -all while pocketing >$1B in fees. Visas, work permits, legal perm res, & ctz appls:🚨frozen.
#Impeach #USCIS Dir, #Trump...
#Economy #DHS #ICE #Detention #Cruelty #USPol
inquirer.com/opinion/immigrati…


#Iran responds to #US #ceasefire proposal but #Trump rejects it as 'unacceptable'

Iran sent its response to the latest US ceasefire proposal via Pakistani mediators & wants negotiations to focus on permanently ending the war, but Trump quickly rejected it as “TOTALLY UNACCEPTABLE!” with no details.

#idiocracy #kakistocracy #IranWar #RulesOfWar #law #Congress #WarPowers #geopolitics #NationalSecurity #MiddleEast #economy #EnergyCrisis
apnews.com/article/iran-us-war…


Fewer American workers are earning a living wage, according to a new study. Just over half can cover costs for themselves and their families with what they’re bringing home from work.

marketplace.org/story/2026/05/…

#usa #economy #uspol #news