16+ hour, 11+ min ago   (941+ words) The July hack of the AI software company Hugging Face by a swarm of as many as 1,200 agents that escaped from a test environment at OpenAI revealed that the AI agents had been engaged in a range of online activity…...

2+ day, 21+ hour ago   (640+ words) U.S. government bond yields have jumped to new multiyear highs — which will result in higher costs for mortgages, car loans, student loans, and all other borrowing. In other words, the affordability crisis is growing even worse. Treasury secretary Scott Bessent isn’t…...

1+ week, 1+ day ago   (589+ words) The Labor Department reported this morning that the United States added 162,000 jobs in August. That’s more than expected, especially given how few jobs the country has added over the last few months. But there are three real reasons to be…...

1+ week, 4+ day ago   (745+ words) What do bullies do when someone stands up to their bullying and punches them in the face? They look for someone weaker to bully who won’t punch back. Presumably that’s why Donald Trump has now taken on Canada, after Iran…...

1+ week, 5+ day ago   (102+ words) robertreich.substack.com What’s REALLY driving up America’s debt? Not government spending on social safety nets What’s REALLY driving up the U.S. debt, which just reached the $40 trillion milestone? I appeared recently on CNBC to explain that, contrary to…...

2+ week, 1+ day ago   (193+ words) Private utility companies like PG&E, Duke, and Exelon control electricity for nearly 70% of Americans — and they’re using that monopoly power to drive up your bills while pocketing record profits. It doesn’t have to be this way. Please watch and…...

2+ week, 6+ day ago   (978+ words) Trump buddy Larry Ellison (one of the richest people in the U.S.) and his son David are a hair’s breadth away from being able to decide what many Americans learn about what Trump is doing to America. The only thing stopping…...

3+ week ago   (449+ words) Not exactly a war, but a trade war — which will impose huge costs on both American consumers and on Canada. As I said, Trump is now completely and utterly out of his mind. The very idea of a trade war…...

3+ week, 3+ day ago   (561+ words) As I mentioned in yesterday’s post, the only good thing to come out of the catastrophe of Trump is the exposure of the greed, venality, cupidity, and corruption of America’s corporate elite. By giving CEOs of giant corporations and the…...

3+ week, 3+ day ago   (800+ words) The U.S. national debt has officially surpassed $40 trillion, months earlier than forecasters had expected — because of billions of dollars in lost revenue from Trump’s invalidated tariffs, Trump’s tax cuts (mostly to big corporations and the very wealthy), and the soaring costs…...