a graph of employment at newspapers, which continually goes down
It's remarkable how low this number can get and still keep going down
a graph of employment at newspapers, which continually goes down
It's remarkable how low this number can get and still keep going down
BREAKING: A federal judge on Tuesday ruled that New York’s congestion pricing toll is legal and may continue, handing a major victory to the state in its defense of the first-in-the-nation traffic reduction plan, which the Trump administration had tried for more than a year to kill.
What comes next? Based on my industry soundings, oil companies and shipowners are holding discussions with the US government and others about getting the tanker traffic resumed. Either the US feels confident that the Iranian threat has diminished and declares the strait safe, or alternatively it organizes convoys under warship escort, with tankers crossing in batches. From the industry, I hear that the US is very much aware this needs to happen quickly — in days, not weeks. OPEC+ officials tell me that regional navies are involved in the discussion about convoys, although no decision has been taken yet. The US last provided escort to oil tankers convoys in the Persian Gulf in the mid-1980s under Operation Earnest Will during the Iran-Iraq war.
From @javierblas.bsky.social www.bloomberg.com/opinion/arti...
Fun fact: this is the same guy who, as an executive at Uber, suggested that the company hire oppo researchers to dig up dirt on critical journalists. It was @semaforben.bsky.social who broke the story www.buzzfeednews.com/article/bens...
Behind the preserved historical facades, the ultra-rich are buying up adjacent townhomes in the West Village and Upper East Side, combining them into a megamansion. It's part of a broader trend of small multifamily buildings being turned into single-family homes. www.bloomberg.com/graphics/202...
Historic neighborhoods with iron preservation mandates don't stop change. They accelerate change. Historic preservation turns units for renters into mansions for billionaires
www.bloomberg.com/graphics/202...
Chart showing change in US government revenue since January for individual income taxes (up $315 billion), customs duties (up $205 billion), payroll taxes for Social Security and Medicare (up $43 billion), and corporate income taxes (down $64 billion)
The increase in individual income tax receipts since last January had been much *bigger* than the increase in tariff revenue www.bloomberg.com/opinion/arti...
Chart showing trailing-12-month US government receipts from individual income taxes (which are rising briskly, even after adjusting for inflation) and social insurance payroll taxes (which aren't)
US income-tax receipts are taking off again. Social Security and Medicare payroll tax receipts aren't. Which means income inequality must be rising (new column with gift link) www.bloomberg.com/opinion/arti...
Flashback to last year's State of the Union: Trump falsely claimed that 10s of millions of dead people were getting Social Security.
But of course this year he won't claim victory--or even even acknowledge that wild claim--because it was false all along. #CBPPSOTU
everything you read about AI is someone's FORECAST. To date, there is no evidence it has raised economy-wide productivity or destroyed jobs (even among graduates). Even the impact of the capex on GDP - which is a real thing - has been wildly overstated for the past 12 months
TLDR: No. But it's worth diving into the data here to see how far off-course this administration has drifted, from day one.
Germany is just great at own goals. This here is an impressive bicycle kick into its own net.
www.handelsblatt.com/politik/konj...
Over the 12 months ending in January customs duties brought in $284 billion vs. $80 billion in the preceding 12 months
bsky.app/profile/erik...
Oct. 5, 2012 tweet from the (since-deceased) former GE CEO Jack Welch: "Unbelievable jobs numbers..these Chicago guys will do anything..can't debate so change numbers"
Never forget
I blame Jack Welch for this (by this I mean totally uninformed partisan takes on the jobs report)
None of the numbers in the monthly jobs report has anything to do with whether a person is collecting unemployment benefits or not. It's all based on surveys.
The first big wave of immigration to the US from what became Haiti started in the 1790s. Thousands of Americans emigrated *to* Haiti in the 1820s. Sounds like a bunch of Heritage Americans to me. New column, with gift link. www.bloomberg.com/opinion/arti...
That the "miserable negro," as Bonaparte called him, should have been forgotten so soon was not surprising; but the prejudice of race alone blinded the American people to the debt they owed to the desperate courage of five hundred thousand Haytian negroes who would not be enslaved.
Henry Adams, writing in Vol. II of his "History of the United States," first published in 1889: archive.org/details/hist...
What is now South Dakota became part of the US because Haitian freedom-fighters (and disease) destroyed the army Napoleon sent to reinstitute slavery there and then solidify French control over the Lousiana territory, causing him to sell the territory. So Hayti, SD, *should* be named after Haiti
... Alexandria, VA, and probably other places that were definitely named for the nation of Haiti www.alexandriava.gov/archaeology/...
Hayti, South Dakota, was supposedly named for "hay ties," but there were Hayti neighborhoods in Durham, NC ... www.thehbcuadvocate.com/what-happene...
Kicking myself for not having realized until just now that Kristi Noem is from Hayti en.wikipedia.org/wiki/Hayti,_...
The first big wave of immigration to the US from what became Haiti started in the 1790s. Thousands of Americans emigrated *to* Haiti in the 1820s. Sounds like a bunch of Heritage Americans to me. New column, with gift link. www.bloomberg.com/opinion/arti...
If you're in the market for a history of the dollar this spring, consider the history of the dollar that doesn't think the strong dollar was necessarily a good thing, and that often successful global currencies left local buyers and sellers poorly served
www.penguinrandomhouse.com/books/634502...
Who really benefits from this tax refund increase?
@byjustinfox.bsky.social explains the data 🎥
Lindsey Vonn is back in the gym 👀
A reminder that she tore her ACL on January 30, 2026.
🎥 lindseyvonn on IG
This is a problem:
The 5-year chart on that is especially awesome
I tried doing a consistent chart with just CDC numbers (with the 1900-1932 numbers adjusted to account for missing states) and got this: