Manufacturers have indicated job cuts for three of the past four months as they seek to reduce head count over costs and demand concerns.
[Editor’s note: This essay, originally written in 2001, explains where Alan Greenspan went wrong in his view of business cycles and economic stimulus. It was in 2001 that we really began to see Greenspan’s inflationary methods become more apparent as he embraced new and aggressive forms of Fed activism. Greenspan’s push for greater levels of Fed intervention would lead to the housing bubble, its collapse, and the financial crisis of 2008.]
People are falling in love with their chatbots, mourning deleted AI companions, and treating artificial systems as romantic
The Declaration of Independence of July 4, 1776, embraces two value sets. The first is natural rights, and the second is limited government.
“The war of aggression against Iran was ‘a bridge too far‘ for the U.S. empire.”
Its ability to wage war and occupy more territory in Lebanon — and for how long — certainly comes into question.
Oracle cut thousands of jobs in order to have more readily available cash it can use for its AI data center buildouts.
Tokyo also wants more spending, and it will be hard to keep control of yields while further increasing Japanese deficits.
Against the odds, the Memorandum of Understanding signed by the US and Iran appears to be holding, after threats and counter-threats. It may collapse, but it has survived a first round of talks between the two sides in Switzerland over the weekend.
President Trump started a war on Iran against all sober guidance and in violation of the US Constitution’s requirement that only Congress can declare war. There must be a reckoning for our elected leaders who violate their oath of office, the Constitution, and simple common sense.
