Manhattan rents reach all-time high of $6,655/month

by

You either a get a Zohran golden ticket apartment and leech of of other people, or you pay the world's highest rent in any city. Amazing system. https://t.co/mt8DYHExTo — Lee Kuan Yimby (@LeeKuanYimby) August 12, 2026 Zohran Mamdani’s rent-stabilized NYC apartment could face ethics watchdog probe https://t.co/4J02LjO4wD pic.twitter.com/XjPfpN8Edt — New York Post (@nypost) August 14, … Read more

New “features” never benefit us. Flock off.

by

Flock Safety Announces New Privacy Measures After Backlash, Reports of Law Enforcement Abuse Flock Safety, the private AI-powered security camera company installing surveillance technology around the U.S., announced new security measures amid intensifying backlash and reports of law enforcement abuse. In response to public backlash to the ever-growing network of automated license plate readers (ALPRs), … Read more

The Lunatics Are Running The Asylum

by

by Michael When I was 10 years old, the United States was one trillion dollars in debt. Now we are nearly 40 trillion dollars in debt. So what did we get for spending 39 trillion dollars that we did not have? What we got was a gigantic mountain of debt that threatens to bring down … Read more

Retail sales slump, consumer sentiment plunges

by

U.S. retail sales fell in July for the first time in nine months as the boost from big tax refunds faded, suggesting that consumer spending was slowing down and prompting economists to slash their economic growth estimates for ​the third quarter. The unexpected decline in retail sales reported by the Commerce Department on Friday was … Read more

The SEC is preparing to allow US stocks to trade 24/7 on the blockchain.

by

BREAKING: 🇺🇸 The SEC is preparing to allow US stocks to trade 24/7 on the blockchain. pic.twitter.com/mp1VOdG0Tq — Bull Theory (@BullTheoryio) August 12, 2026 SEC Chair Paul Atkins is pushing an innovation exemption for tokenized listed securities. Bloomberg and others report the framework could enable continuous on-chain trading of stock tokens. Details may come as … Read more

Dell can’t ship Alienware PCs to certain US states due to newly adopted power consumption regulations

by

Interested in a new gaming PC from Dell’s Alienware brand but happen to reside in one of half a dozen states with strict energy efficiency rules? Well, you’re out of luck, as recently adopted laws are now preventing the company from shipping select configurations to customers in six states. Per the new rules, Dell is … Read more

Jamie Dimon of JPMorgan, $JPM, has said that the American dream is dying for the bottom 20% of households, per FORTUNE

by

Between house prices, the cost of living, and the threat AI poses to the labor market, Gen Z could be forgiven for giving up on the American Dream. Jamie Dimon, CEO of JPMorgan Chase, understands why—but he says they’re wrong anyway. The American Dream—the idea that anyone from anywhere can achieve success as long as … Read more

Why I don’t think “just tax billionaires more” solves it

by

If politicians can hand corporations subsidies, write tax loopholes, steer billions into defense contracts, run huge deficits and keep expanding the money supply, then taxing billionaires more afterward doesn’t fix the system. It just takes a bigger piece of the wealth created by that system. Want to actually attack the problem? Close the loopholes. Stop … Read more

CNN panelists just declared ICE agents murdered two American citizens on live TV

by

CNN goes off the rails after TWO panelists flat-out accuse ICE agents of murdering American citizens. Scott Jennings refuses to let it slide. Even the host had to step in and push back. SARAH MATTHEWS: “There weren’t murders of American citizens in our streets, and [Obama] was able to do… immigration enforcement.” JENNINGS: “What murders … Read more

Top economist warns that the AI math doesn’t make sense: ‘Profits are currently being funded by investors rather than earned from customers’

by

Slok broke the AI stack into four layers: models/applications, cloud/compute, energy/grid, silicon/equipment. Silicon and equipment (chipmakers) show 41% profit margins. Models and applications (OpenAI, Anthropic and similar) show -59% operating margins. Upstream profits are real but they are paid for by capital raised by the losing layer, not by end-user cash flow. Goldman projects AI … Read more

U.S. HOUSING MARKET TILTS HARD TO BUYERS, MORTGAGE FIRMS IMPLODE 70%.

by

U.S. homebuyer demand hit a record low in July, with just 967,000 buyers versus 1.46M sellers—a 51% seller surplus. Nearly 80% of major metros are now buyer’s markets, giving house hunters greater negotiating power. Miami leads with 154% more sellers than buyers, followed by Nashville and several Texas metros. High mortgage rates, elevated prices and … Read more

AOC gets plenty of exposure and air time

by

AOC gets plenty of exposure and air time, but there is a whole different level of scrutiny that is applied when one runs for president. One debate and it's over. https://t.co/YzswveIDcD — Jared Dillian (@dailydirtnap) August 13, 2026 BREAKING: AOC is now the odds favorite to be the 2028 Democratic nominee pic.twitter.com/r5aoK4NXRH — Kalshi (@Kalshi) … Read more

USPS Workers Are Quitting EVERYWHERE — Here’s Why

by

The United States Postal Service is struggling to hire and retain workers as staffing shortages continue affecting mail carriers, sorting facilities, and post offices across the country. Many employees point to heavy workloads, long hours, demanding routes, and increasing package volumes as reasons why keeping positions filled has become more difficult. In some areas, staffing … Read more