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Saturday, February 15, 2025

Market Insights

Trump’s federal firings imperil government services from cities to farm towns

The cuts were initially poised to affect nuclear defense programs and impact veterans’ mental health care, workers warned. The Trump administration’s move to fire thousands of federal employees could have a swift and severe impact on public services, staffers warned Friday, making it harder for …

Kennedy completes Trump’s quack-ification of America. Republicans wanted this.

This is what Americans who voted for Trump wanted. So whatever fresh hell flows from RFK Jr. and this League of Incompetent Ninnies is on them. They own all of it. I, for one, was delighted to see anti-vaccine loon Robert F. Kennedy Jr. confirmed as the new Health and Human Services secretary. …
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PSW’s Weekly Webinar: Earnings Report and How to be a Millionaire

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Inflation is heating up again, putting pressure on Trump to cool it on tariffs

Inflation figures released on Feb. 12, 2025, will come as a disappointment to Americans who hoped President Donald Trump would be true to his word on …

Trump’s short-sighted trade war with Canada is already hurting the US

It was a whirlwind three days for American-Canadian relations. On Feb. 1, the Trump administration slapped a 25 percent tariff on Canadian exports, …

Japan’s SoftBank reports loss weeks after announcing AI investment with U.S. President Trump

TOKYO (AP) — Japanese technology company SoftBank Group Corp. reported a 369.2 billion yen ($2.4 billion) loss for the fiscal third quarter as it racked up red ink from its Vision Fund investments. That’s compared to a 950 billion yen profit in October-December 2023. Quarterly sales rose 3% from the …

Global Economic Growth Patterns (Or Should I Say Decline)

Global Economic Growth Patterns (Or Should I Say Decline) By Peter Zeihan We’re looking at some global economic growth patterns today. Unfortunately, we’re entering an era with...

What’s Behind Elon Musk’s Hostile Bid for Control of OpenAI (shared)

The tech mogul is unlikely to win. But his goal may be more about making life difficult for the A.I. start-up and its leader, Sam Altman. We have spent much of the past 24 hours on the telephone trying to get to the bottom of Elon Musk’s hostile bid for Sam Altman’s OpenAI. It was a development in …

Cybertruck Fatality Rate Far Exceeds That of Ford Pinto

The Tesla Cybertruck was recalled seven times last year. An analysis from FuelArc calls out Tesla’s Cybertruck for having a higher fatality rate than …

PSW’s Weekly Webinar: Halfway Through Earnings Season

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Trump agrees to consider Australian exemption from tariffs, describing Albanese as ‘very fine man’

US President Donald Trump has agreed to “consider” exempting Australia from the 25% tariff he has imposed on imports of steel and aluminium to the US. …

As Musk works to slash federal spending, his own firms have received billions in government contracts

NASA is the single largest customer of Musk's company SpaceX. As billionaire businessman Elon Musk has been leading an unprecedented effort to slash …

AI is transforming the search for new materials that can help create the technologies of the future

From the bronze age to the Industrial Revolution and beyond, the discovery and development of new materials has been a driving force in human …

Elon Musk is trying to buy OpenAI for $97 billion

Elon Musk has offered to buy the operating assets of OpenAI for $97.4 billion, Axios has learned from multiple sources, in a move that could turn the …

A New AI World

A New AI World Courtesy of Scott Galloway, No Mercy/No Malice, @profgalloway Audio Recording by George Hahn, Illustration and Charts by Shira Seri Levi A hat tip...

Meta Informs Staff that Layoffs Will Begin Monday Morning in a Now-Leaked Internal Memo

Have a good weekend, Meta employees! Meta sent employees an internal memo on Friday outlining what to expect as the tech giant implements its latest round of layoffs affecting 5% of its 72,000-person workforce, around 3,000 employees. A memo obtained by Business Insider and posted to Meta's internal …

US Bird Flu Response Disrupted in Early Weeks of Trump Administration, Sources Say

By Leah Douglas and Tom Polansek (Reuters) - The Trump administration has disrupted the U.S. response to bird flu as the outbreak worsens, leading to …

How to find climate data and science the Trump administration doesn’t want you to see

Information on the internet might seem like it’s there forever, but it’s only as permanent as people choose to make it. That’s apparent as the second …

Enzymes are the engines of life − machine learning tools could help scientists design new ones to tackle disease and climate change

Enzymes are molecular machines that carry out the chemical reactions that sustain all life, an ability that has captured the attention of scientists …

How much does scientific progress cost? Without government dollars for research infrastructure, breakthroughs become improbable

Biomedical research in the U.S. is world-class in part because of a long-standing partnership between universities and the federal government. On Feb. …

Trump White House’s disengagement from HIV/AIDS response could have lethal consequences

With the endless stream of announcements, reversals, measures and countermeasures coming from the new administration of United States President …