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Items tagged with: economy
“Cleveland, OH is experiencing one of the most significant YoY trucking volume drops of major manufacturing cities. Down 35% YOY.
Dom freight out of LA is at the weakest levels (seasonally adjusted) it’s been since 2020.
Up till now, the "Liberation day tariffs" haven’t been a factor in declining volumes out of S Cal.
It’s going to get worse.”
-C Fuller
Trump’s #tariffs are decimating the #economy. Unless they’re rescinded soon, there’ll be a deep #recession by the fall.
#Trumpcession #USPol
You won't believe what they have found out:
apnews.com/article/google-ille…
#google #monopoly #economy #news #advertisement #internet
Google's digital ad network declared an illegal monopoly
Google has been branded an abusive monopolist by a federal judge for the second time in less than a year, this time for illegally exploiting some of its online marketing technology to boost the profits fueling an internet empire currently worth $1.Michael Liedtke (AP News)
The results suggest that while the #IEA has accurately anticipated primary and final energy demand growth, it has historically overestimated the growth in #fossil #fuels and #nuclear #electricity generation and severely underestimated the growth in key #renewable #technologies including solar #photovoltaics and #wind #power, the latter occurring across scenarios.
Source: sciencedirect.com/science/arti…
• #WEO #energy scenarios have significantly underestimated #solar PV growth potential.
• Outlook and normative scenarios indicate bias for nuclear and against renewables.
• Power-to-X flexibility options exist in the #GEC model, though their use is limited.
• Increased #transparency of assumptions for key technologies is required.
• Exogenous limitations of key technologies may impede global energy transitions.
#corruption #science #future #fail #environment #technology #news #co2 #politics #climate #humanity #economy
#FTC is expected to soon grill Mark #Zuckerberg in #Meta's #antitrust #trial
Source: businessinsider.com/meta-antit…
In the trial, FTC regulators want to force Meta to spin off the two services. If it succeeds, it would be a major blow to Meta's #business. #Instagram and #WhatsApp both have over 2 billion active users, according to the latest available data from those companies.
#usa #economy #politics #trump #news #facebook #internet #socialmedia
FTC to soon grill Mark Zuckerberg in Meta's antitrust trial
The FTC's case against Meta is the result of a yearslong probe into whether the social media behemoth violated US competition laws.John L. Dorman (Business Insider)
Genius move to lose $9 trillion of actual value to try to address a smaller trade deficit that isn’t an actual debt. 🤦♂️
Why do we still need #people?
* To elect the government in a supposed democracy. Well manipulated with fear and fake news, of course.
* As a consumer in capitalism, to buy unnecessary cheap products at a high price. Preferably virtual products that can be scaled up at will without production costs and still generate real profit.
* To train the AI models and to generate training data for these models.
* As modern-day slaves to serve the financial elite and provide a comfortable life for them.
* As cannon fodder for wars.
* As guinea pigs for pharma tests.
* To write silly posts,comments and as followers for influencers.
...
Have I forgotten anything?
#humanity #ethics #future #philosophy #politics #economy #life #question #system #problem #criticism #protest #HumanRights
#Sony steps away from #8K TVs – for now
source: flatpanelshd.com/news.php?suba…
8k is too much...
#entertainment #tv #hardware #technology #video #news #consumer #economy
Why do we still need #people?
- To elect the government in a supposed democracy. Well manipulated with fear and fake news, of course.
- As a consumer in capitalism, to buy unnecessary cheap products at a high price. Preferably virtual products that can be scaled up at will without production costs and still generate real profit.
- To train the AI models and to generate training data for these models.
- As modern-day slaves to serve the financial elite and provide a comfortable life for them.
- ...
Have I forgotten anything?
#humanity #ethics #future #philosophy #politics #economy #life #question #system
#Google removes pledge to not use #AI for weapons from website
source: techcrunch.com/2025/02/04/goog…
#news #technology #terminator #skynet #military #war #economy
Google removes pledge to not use AI for weapons from website | TechCrunch
Google removed a pledge to not build AI for weapons or surveillance from its website this week. The change was first spotted by Bloomberg. The companyMaxwell Zeff (TechCrunch)
Dutch lawmakers push for ‘red button’ to erase #digital footprints
source: nltimes.nl/2025/04/01/dutch-la…
Although websites require users to accept or decline #cookies before browsing, the lawmakers argue that #children often accept them without fully understanding the #consequences. “Children don’t realize what they’re agreeing to,” Six Dijkstra said.
#internet #bigdata #bigbrother #kids #cybersecurity #online #surveillance #economy #footprint #politics #security #news #Netherlands
Dutch lawmakers push for ‘red button’ to erase digital footprints
Dutch lawmakers Don Ceder (ChristenUnie) and Jesse Six Dijkstra (NSC) have introduced a proposal to make it easier for individuals to delete their personal data from the internet.NL Times
someone¹ is furiously dumping US treasuries (AKA "US debt" AKA "the most secure store of value on earth") on the open market, driving interest rates 🚀🌖 and freaking everyone on fintwit the fuck out (interest rates, which go up in response to selling pressure, don't usually move this fast, especially at this time of day).
Worth mentioning that #ScottBessent said that the goal Trump’s 5D chess move w/#tariffs was to drive the rate on the 10 yr treasuries *down* to make it easier for Americans to afford houses etc. Needles to say, up is the opposite of down.
"I used to think that if there was reincarnation, I wanted to come back as the president or the pope or as a .400 baseball hitter. But now I would like to come back as the bond market so I can scare the shit out of everybody."
- James Carville
¹ probably China (TBD). China holds an enormous about of US debt and they now have strong incentive to dump it.
#bonds #uspol #eupol #china #PRC #tariff #bondmarket #recession #economy
#Apple Customers Dash to Stores to Buy #iPhones Ahead of #Tariffs
source: bloomberg.com/news/articles/20…
Apple’s best-selling and most important product, are manufactured in #China, which is in line for tariffs of 54%.
#trade #production #panic #usa #politics #trump #president #technology #whitehouse #government #globalization #economy #consume #news
From #RobertReich @rbreich@instagram.com @imcivicaction@instagram.com @rbreich
#Trump has only been in office two months and we're already heading towards a #recession — largely due to his careless use of #tariffs and #mismanagement of the #economy. This shouldn't be surprising. Trump doesn't understand the economy and tanked pretty much every #business he ever touched. Watch.
instagram.com/reel/DIJ86BOBbZv
Robert Reich on Instagram: "Trump has only been in office two months and we're already heading towards a recession — largely due to his careless use of tariffs and mismanagement of the economy. This shouldn't be surprising. Trump doesn't understand the e
21K likes, 406 comments - rbreich on April 7, 2025: "Trump has only been in office two months and we're already heading towards a recession — largely due to his careless use of tariffs and mismanagement of the economy. This shouldn't be surprising.Instagram
We lost the world but we got AI!
Sure, we destroyed our #civilization because of the high #energy consumption and the excessive use of resources for #AI, but for a short time we were able to convert all the photos from our childhood into the Studio #Ghibli #style and were #happy about it.
#image #photo #art #artwork #meme #quote #wisdom #apocalypse #fail #humanity #future #technology #endtime #economy #internet #anime #problem #climate
If you wonder what the rest of the world thinks of Trump:
youtube.com/watch?v=avEtMcELaP…
#USpol #trump #tariffs #economy #republican #taxTheRich
'The most economically illiterate speech I have ever heard', analyst says • FRANCE 24 English
FRANCE 24's Sharon Gaffney speaks to Scott Lucas, professor of US and International Politics at the Clinton Institute at University College Dublin, about the...YouTube
Much has been said about what Trump’s ‘Liberation Day’ tariffs mean for the global liberal order. But what do they mean for everyday American consumers? And what could be its fiscal impact?
Today's Number Theory breaks it down.
Read on HT app: is.gd/NUmU7y
#Tariffs #Tariff #Trade #Trump #DonaldTrump #DataViz #Economy
'Nowhere's safe': How an #island of #penguins ended up on #Trump #tariff list
source: bbc.co.uk/news/articles/cly8xl…
Two tiny, remote #Antarctic outposts populated by penguins and #seals are among the obscure places targeted by the Trump #administration's new tariffs.
The penguins are understandably pissed off.
It's hard to say who is the craziest head of state with all the crazy politicians in the world.
#usa #fail #problem #economy #penguin #seal #intelligence #future #democracy #politics #trade #world #globalization
Trump tariffs: How island of penguins and seals ended up on list
The remote Heard and McDonald Islands haven't been visited by humans in almost a decade.Ottilie Mitchell and Tiffanie Turnbull (BBC News)
#Newsom asks world leaders to exempt #California exports from retaliatory tariffs
source: foxnews.com/politics/scoop-new…
#USA #export #trade #economy #politics #trump #news
SCOOP: Newsom asks world leaders to exempt California exports from retaliatory tariffs
California Gov. Gavin Newsom announced plans Friday to counter President Donald Trump's tariff hikes, asking countries to exempt California exports from retaliatory taxes.Jamie Joseph (Fox News)