The CFPB Has Been Gutted
The Consumer Financial Protection Bureau terminated the positions of 1,406 employees at the congressionally mandated agency.
Wired (www.wired.com)
• Published 3 months ago
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At monopoly trial, Zuckerberg redefined social media as texting with friends
Mark Zuckerberg played up TikTok rivalry at monopoly trial, but judge may not buy it.
Ars Technica (arstechnica.com)
• Published 3 months ago
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The Rev. Al Sharpton calls meeting with Target CEO over DEI rollbacks ‘constructive’
Brian Cornell sat down with the civil rights leader in New York amid calls from activists to boycott the Minneapolis-based retailer and lower foot traffic in stores.
Minneapolis Star Tribune (www.startribune.com)
• Published 3 months ago
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Fed independence could take a hit from the Supreme Court
Markets would likely be very spooked if the president could choose to influence monetary policy.
Fortune (fortune.com)
• Published 3 months ago
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Trump’s Transportation Secretary Sean P. Duffy Takes Control of Penn Station Overhaul, Saves Taxpayers $120 Million
Amtrak, backed by the U.S. Department of Transportation, will lead the transformative revitalization of New York Penn Station, the nation’s busiest rail hub.
Transportation.gov (www.transportation.gov)
• Published 3 months ago
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Hertz Stock Spikes After Bill Ackman Reveals $46 Million Stake
Hertz stock rallies after SEC filings show that Bill Ackman's Pershing Square has taken a large stake in the car rental company.
Investor's Business Daily (www.investors.com)
• Published 3 months ago
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This is Mark Zuckerberg's theory of why Facebook is losing cultural relevancy
Emails presented during the Meta's FTC antitrust trial reveal Mark Zuckerberg's worries about Facebook.
Business Insider (www.businessinsider.com)
• Published 3 months ago
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US halts construction of vast wind farm off New York coast
The pause is a major blow to the US's wind energy industry which has been targeted by President Trump.
BBC News (www.bbc.com)
• Published 3 months ago
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‘People are dropping like flies’: CFPB begins laying off vast majority of staff
More than 1,500 staffers at the Consumer Financial Protection Bureau are expected to be hit by the reduction-in-force effort, which kicked off Thursday, said a person familiar with the matter.
Politico (www.politico.com)
• Published 3 months ago
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Japan inflation comes in at 3.6%, surpasses BOJ target for three straight years
Japan's inflation grew 3.6% year on year in March, marking three straight years that the headline inflation figure is above the Bank of Japan's 2% target.
CNBC (www.cnbc.com)
• Published 3 months ago
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Dow on the cusp of first 'death cross' since November 2023
U.S. equities ended mostly lower Thursday in a holiday-shortened week, with Japan-U.S. trade talks in focus, UnitedHealth and criticism by President Trump of Fed Chair Powell.
MarketWatch (www.marketwatch.com)
• Published 3 months ago
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Zillow turns housing bear—just look at its updated 2025 forecast
Zillow projects that U.S. home prices will fall -1.7% between March 2025 and March 2026. Last month, Zillow economists still thought U.S. home prices would rise this year.
Resiclubanalytics.com (www.resiclubanalytics.com)
• Published 3 months ago
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Discord gets sued for allegedly violating child safety laws
The state of New Jersey has filed suit against Discord for allegedly deceiving consumers that it does enough to protect young users.
The Verge (www.theverge.com)
• Published 3 months ago
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Google’s latest AI model report lacks key safety details, experts say
The technical report for Google's latest AI model, Gemini 2.5 Pro, lacks key safety details, according to experts.
TechCrunch (techcrunch.com)
• Published 3 months ago
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Temu quietly makes drastic decision as consumers switch gears
TheStreet (www.thestreet.com)
• Published 3 months ago
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Netflix Q1 Results Top Expectations as Streamer Stops Reporting Subscriber Counts
Netflix beat Wall Street financial estimates for Q1 2025, the first quarter it is no longer reporting subscriber counts.
Variety (variety.com)
• Published 3 months ago
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Beneath Market’s Uneasy Calm, Dread Runs Deep Across Wall Street
It was an unexpected, if improbable relief. The panic unleashed by Donald Trump’s trade war, which convulsed financial markets around the globe and sowed doubts about America’s standing in the world, died down nearly as quickly as it began.
Bloomberg (www.bloomberg.com)
• Published 3 months ago
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How tariffs could impact the availability of baby products
NPR's Mary Louise Kelly speaks with Steven Dunn founder and CEO of Munchkin a U.S.-based company selling lifestyle products for mothers, babies and children. Dunn has written an open letter to President Trump and Congress about how tariffs could harm his busi…
NPR (www.npr.org)
• Published 3 months ago
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UnitedHealth Loses $120 Billion in Value on Stock's Worst Day Since 1998
UnitedHealth Group stock had one of its worst days ever on Thursday after the healthcare giant unexpectedly cut its profit forecast for the year.
Investopedia (www.investopedia.com)
• Published 3 months ago
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The Dow's Thursday tumble, explained
The fall on Thursday represents the largest point impact for the DJIA on record.
Axios (www.axios.com)
• Published 3 months ago
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