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Consumer sentiment fell in early October as views of current economic conditions crashed to an all-time low and inflation expectations moved higher. The University of Michigan’s preliminary consumer sentiment index dipped from 48.1 to 46.3, the lowest reading since May. This was below even the…

Streaming giant Netflix is reportedly set to announce the layoffs of about five percent of its workforce. The streamer will reduce by five percent as soon as next week, and up to 800 of its 16,000 employees will receive pink slips starting next week, according…

Anthropic has rewritten its usage policy for the first time in more than a year, adding new restrictions on election interference, weapons development, and surveillance. Dario Amodei’s AI giant has raised eyebrows by also adding a policy that will ban users who treat the Claude…

Anthropic and OpenAI have spent the past year recruiting former officials from President Trump’s administration into senior roles, a hiring pattern that tracks with frontier AI’s growing status as a matter of national security. CNBC reports that Anthropic has brought on at least two former…

Elon Musk’s SpaceX announced Thursday it is acquiring low-frequency cellular spectrum meant to help Starlink’s signal reach indoors, not just outdoors, a move towards offering wireless service to American consumers. Business Insider reports that T-Mobile stock dropped more than 11 percent in after-hours trading following…

Undercover footage obtained by Breitbart News shows another Ohio Democrat field organizer comparing the defeat of former Hungary Prime Minister Viktor Orban to the need to defeat Republicans in the state. This comes a day after Breitbart News reported on field staff encouraging volunteers to…

Treasury Secretary Scott Bessent fired back Friday at Sen. Elizabeth Warren’s new “Trumpflation” tracker, accusing the Massachusetts Democrat of cherry-picking economic data to obscure gains in Americans’ purchasing power under President Donald Trump. “Another day, another Econ 101 lesson for Professor Warren,” Bessent said in…

Quebec’s incoming premier says a growing economy does not make ordinary citizens any richer, and that mass immigration is pushing their wages down. Paul St-Pierre Plamondon leads the separatist Parti Québécois (PQ), which erased the governing Coalition Avenir Québec on Monday, a party that went…

President Donald Trump announced Friday that Russia has agreed to supply millions of tons of diesel fuel to the American and global market, following a call with Russian President Vladimir Putin. The president said the first shipments would begin immediately, with larger deliveries scheduled through…

The Weekly Wrap: People Are Worried About Diesel Prices and AI Crowding Out Everything The 10-year Treasury yield hit its highest point since 2002. This is actually a sign of economic strength, but the financial press insists it means doom because Donald Trump is president,…