Diesel Hits $5.85 as Trump's Iran War Drains Americans at the Pump
Americans are paying more for diesel than at any point in recorded history, and the guy responsible is now pitching a Venezuela oil deal as the fix. Diesel averaged $5.85 a gallon this week, according to the American Automobile Association, up from $3.71 a year ago and past the...
13 Million Jobs Sitting on a Private Equity Time Bomb
Private equity firms are currently sitting on over 13,500 companies they cannot sell, loaded with debt, staffed by millions of workers, and...
Jobs Market Posts Third-Worst Month of Year After Losing 23K Jobs in July
The U.S. economy shed 23,000 jobs in July. Now August is expected to add a grand total of 53,000 — which, in a country of 330 million...
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Record 401(k) Millionaires While 72% of Workers Can't Retire
Uber Fires 3,000 People, Stock Goes Up 2%
DOJ Sends Beef Price Warning Letters to Walmart, Costco, Amazon, and Five Other Giants
US Borrowing Costs Hit 18-Month High as Oil, Inflation Gang Up
Apple Sues OpenAI for Allegedly Poaching Staff to Steal Hardware Secrets
FTC Says Amazon Secretly Rigged Its Own Ad Auctions for $69B
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Ohio Comic Shop Paid $16K in Illegal Tariffs and Won't See a Dime Back
The Supreme Court ruled that a big chunk of Trump's tariffs were illegal, and the federal government is sitting on more than $160 billion in refunds it owes...
Sony and Warner Sue Anthropic for 'History's Biggest IP Theft'
Late on a Friday night, because that's when you drop news you want people to miss, units of Sony Music and Warner Music filed a federal lawsuit against AI...
Trump's Fed Chair Hints at Rate Hikes While Inflation Still Burns
Kevin Warsh, Donald Trump's hand-picked Federal Reserve Chair, stood at the annual Jackson Hole retreat on Friday and told the world that inflation is still a...
Nvidia Posts 70% Growth and Wall Street Still Pouted
Nvidia projected 70% revenue growth, beat its earnings expectations, and watched its stock tick downward in after-hours trading anyway. Seventy percent....
Bill Gates: AI Will Gut White-Collar Jobs Within a Decade
Bill Gates just published a nearly 6,000-word essay arguing that AI will obliterate white-collar jobs in law, medicine, software, and customer service within a...
Oklahoma Utility Cuts Power 5x the National Rate While It's 100 Degrees Outside
A Tulsa hospital worker opened her electric bill this summer and found a $1,373 charge — more than her monthly rent — and decided to tell the internet about...
Wall Street Has Been Betting on Your Death Since the AIDS Crisis
There is a multibillion-dollar financial market built entirely around waiting for people to die, and there is a decent chance your life insurance policy is...
UAW Goes After Deere's AI Gold Rush: 'You're Either With Workers or Millionaires'
John Deere makes tractors. Caterpillar makes bulldozers. Neither company has anything to do with artificial intelligence, or so you'd think. Turns out, when...
Paramount Is Paying $7M a Day and Just Blew Up Its Own Settlement Talks
Paramount is staring down a $7 million-a-day penalty fee, twelve state attorneys general, and a trial date in March — and somehow, apparently, someone on their...
Businesses Pocketed Your Illegal Tariff Money. Good Luck Getting It Back.
The Supreme Court ruled in February that some of Trump's tariffs were illegal, and U.S. businesses are now collecting more than $160 billion in government...