@karlimatt.bsky.social
Reposted
"Mack Trucks announces layoffs at Lehigh Valley plant, blames tariffs" penncapital-star.com/briefs/mack-...
April 18, 2025 at 2:34 AM
"Mack Trucks announces layoffs at Lehigh Valley plant, blames tariffs" penncapital-star.com/briefs/mack-...
Reposted
I’m just gonna say it’s not rules and regulations that’re displacing Treasuries.
JAMIE DIMON ON Q1 CALL: There will be a "kerfuffle" in the Treasury markets because of all the "rules and regulations."
"That will happen, and when that happens, the Fed will step in...and they're not going to do it now because you don't have all those issues yet."
"That will happen, and when that happens, the Fed will step in...and they're not going to do it now because you don't have all those issues yet."
April 11, 2025 at 1:18 PM
I’m just gonna say it’s not rules and regulations that’re displacing Treasuries.
Reposted
Over the last fifteen years, the cost of solar panels has fallen about 70%.
That's made solar power facilities, that don't generate electricity directly like rooftop solar panels do, less valuable.
That's made solar power facilities, that don't generate electricity directly like rooftop solar panels do, less valuable.
California solar plant is riding into the sunset, thanks to cheaper PV panels
Concentrated solar power was one of several technologies that showed promise. Ivanpah's main buyer is pulling out to save customers money.
www.marketplace.org
April 9, 2025 at 11:08 PM
Over the last fifteen years, the cost of solar panels has fallen about 70%.
That's made solar power facilities, that don't generate electricity directly like rooftop solar panels do, less valuable.
That's made solar power facilities, that don't generate electricity directly like rooftop solar panels do, less valuable.
Reposted
In the minutes before President Donald Trump's social media post on Wednesday pausing tariffs sent the US stock market rallying, some unidentified options traders placed bets worth millions of dollars that the market would rebound, data shows reut.rs/3XSL2Qd
Well-timed options trades ahead of Trump's tariff pause draw questions
In the minutes before President Donald Trump's social media post on Wednesday pausing tariffs sent the U.S. stock market rallying, some unidentified options traders placed bets worth millions of dollars that the market would rebound, data shows.
reut.rs
April 10, 2025 at 9:24 PM
In the minutes before President Donald Trump's social media post on Wednesday pausing tariffs sent the US stock market rallying, some unidentified options traders placed bets worth millions of dollars that the market would rebound, data shows reut.rs/3XSL2Qd
Reposted
Usefully clear reasoning here.
www.nytimes.com/2025/04/09/o...
www.nytimes.com/2025/04/09/o...
Opinion | Trump’s Gulag Archipelago
Trump is seeking to establish a truly chilling proposition: that no one can stop his administration from imprisoning anyone it wants, anywhere in the world.
www.nytimes.com
April 9, 2025 at 9:03 PM
Usefully clear reasoning here.
www.nytimes.com/2025/04/09/o...
www.nytimes.com/2025/04/09/o...
Texas 19th Representative Jodey Arrington here claiming that the people of his district are happy to have a recession and maybe even a depression.
Neguse demolishes Arrington's hypocrisy: "When the stock market dropped 1k points years ago, you rushed to bemoan Biden's actions. You condemned it. Now the market drops 1k points every day for the last week and you claim it's the economy running well. Do you understand why that's a tough argument?"
April 9, 2025 at 9:09 PM
Texas 19th Representative Jodey Arrington here claiming that the people of his district are happy to have a recession and maybe even a depression.
Reposted
Neguse demolishes Arrington's hypocrisy: "When the stock market dropped 1k points years ago, you rushed to bemoan Biden's actions. You condemned it. Now the market drops 1k points every day for the last week and you claim it's the economy running well. Do you understand why that's a tough argument?"
April 9, 2025 at 2:55 PM
Neguse demolishes Arrington's hypocrisy: "When the stock market dropped 1k points years ago, you rushed to bemoan Biden's actions. You condemned it. Now the market drops 1k points every day for the last week and you claim it's the economy running well. Do you understand why that's a tough argument?"
😮
Rep. Brian Harrison filed the motion to vacate, arguing that Burrows had "betrayed the voters of Texas." https://www.kvue.com/article/news/politics/texas-legislature/texas-house-rejects-effort-remove-house-speaker-dustin-burrows/269-764b845a-0f95-4d18-a72d-ad369b28bcf4
Texas House resoundingly rejects effort to remove Speaker Dustin Burrows
Rep. Brian Harrison filed the motion to vacate, arguing that Burrows had "betrayed the voters of Texas."
www.kvue.com
April 9, 2025 at 9:03 PM
😮
Imagine the money that could be made in the stock market if you knew, maybe even just 5 minutes, before an announcement that would move the entire stock market. Just imagine.
Good thing we have the Securites & Exchange Commission to make sure insiders can't benefit from that CRIME! Oh wait.....
Good thing we have the Securites & Exchange Commission to make sure insiders can't benefit from that CRIME! Oh wait.....
April 9, 2025 at 7:45 PM
Imagine the money that could be made in the stock market if you knew, maybe even just 5 minutes, before an announcement that would move the entire stock market. Just imagine.
Good thing we have the Securites & Exchange Commission to make sure insiders can't benefit from that CRIME! Oh wait.....
Good thing we have the Securites & Exchange Commission to make sure insiders can't benefit from that CRIME! Oh wait.....
Reposted
The Keystone pipeline system, which carries crude oil from Canada to the U.S., was shut down on Tuesday because of a leak that spilled an estimated 3,500 barrels of oil in southeastern North Dakota, government and company officials said.
Oil Spill in North Dakota Prompts Shutdown of Keystone Pipeline
An estimated 3,500 barrels of oil spilled in a field near Fort Ransom, N.D., and the release was contained, the pipeline’s operator said.
www.nytimes.com
April 9, 2025 at 7:36 PM
The Keystone pipeline system, which carries crude oil from Canada to the U.S., was shut down on Tuesday because of a leak that spilled an estimated 3,500 barrels of oil in southeastern North Dakota, government and company officials said.
"With China, there's a possibility that they stop buying and boycott our debt," Steve Sosnick, of Interactive Brokers. "Japan has the largest stock of Treasurys, but China has been a big buyer. What happens if that source of foreign demand shrinks or dries up...?"
finance.yahoo.com/news/wild-sw...
finance.yahoo.com/news/wild-sw...
Wild swings in Treasurys have investors worried something is about to 'blow up' in markets
The unusual surge in long-term Treasury yields has rattled investors in the aftermath of President Trump's tariff-fueled "Liberation Day."
finance.yahoo.com
April 9, 2025 at 7:28 PM
"With China, there's a possibility that they stop buying and boycott our debt," Steve Sosnick, of Interactive Brokers. "Japan has the largest stock of Treasurys, but China has been a big buyer. What happens if that source of foreign demand shrinks or dries up...?"
finance.yahoo.com/news/wild-sw...
finance.yahoo.com/news/wild-sw...
If I push my child into a swimming pool, and then jump in to save them from drowning, that doesn't make me a hero. 🤦
Trump on the markets: "Up 2500 points. Nobody has ever heard of it. Gotta be a record."
April 9, 2025 at 7:15 PM
If I push my child into a swimming pool, and then jump in to save them from drowning, that doesn't make me a hero. 🤦
Reposted
All right I got fed up and had to write this.
And I’m sure after reading it carefully, Trump will stop saying this
www.propublica.org/article/hist...
And I’m sure after reading it carefully, Trump will stop saying this
www.propublica.org/article/hist...
April 8, 2025 at 3:24 PM
All right I got fed up and had to write this.
And I’m sure after reading it carefully, Trump will stop saying this
www.propublica.org/article/hist...
And I’m sure after reading it carefully, Trump will stop saying this
www.propublica.org/article/hist...
Reposted
Rand Paul: "The whole [tariffs] debate is so fundamentally backwards & upside down. It's based on a fallacy & the fallacy is this: that somehow in a trade, someone must lose. That somehow when you trade with someone, someone is taking advantage of you... I have a trade deficit with my grocery store"
April 8, 2025 at 4:13 PM
Rand Paul: "The whole [tariffs] debate is so fundamentally backwards & upside down. It's based on a fallacy & the fallacy is this: that somehow in a trade, someone must lose. That somehow when you trade with someone, someone is taking advantage of you... I have a trade deficit with my grocery store"
Reposted
A 9-year-old Kentucky boy who died in floodwaters while walking to catch his school bus is being remembered by his teacher as the “sweetest, kindest boy.”
Boy's death in Kentucky flooding raises questions about why school district didn't cancel classes
A 9-year-old Kentucky boy who died in floodwaters while walking to catch his school bus is being remembered by his teacher as the “sweetest, kindest boy.”
bit.ly
April 6, 2025 at 1:30 AM
A 9-year-old Kentucky boy who died in floodwaters while walking to catch his school bus is being remembered by his teacher as the “sweetest, kindest boy.”
Reposted
Erez Reuveni, the acting deputy director for the Office of Immigration Litigation, was told by officials at the DOJ that he was being placed on leave over a "failure to zealously advocate" for the government's interests.
abcnews.go.com/Politics/doj...
abcnews.go.com/Politics/doj...
DOJ places attorney on leave after struggling in Maryland migrant case
The DOJ has placed on leave the attorney who argued on behalf of the U.S. in a lawsuit brought by a man who was deported to El Salvador in error, sources told ABC News.
abcnews.go.com
April 6, 2025 at 12:29 AM
Erez Reuveni, the acting deputy director for the Office of Immigration Litigation, was told by officials at the DOJ that he was being placed on leave over a "failure to zealously advocate" for the government's interests.
abcnews.go.com/Politics/doj...
abcnews.go.com/Politics/doj...
Reposted
“The WH was simply demanding lists of concessions, according to one foreign diplomat deeply involved in the conversations. The diplomat said Trump officials wanted regulations and other barriers to be wiped away to boost US goods and services being sold abroad.”
Inside President Trump’s whirlwind decision to upend global trade
Why did Trump impose tariffs? Inside the advice that shaped his decision.
wapo.st
April 5, 2025 at 4:06 AM
“The WH was simply demanding lists of concessions, according to one foreign diplomat deeply involved in the conversations. The diplomat said Trump officials wanted regulations and other barriers to be wiped away to boost US goods and services being sold abroad.”
Houston Cougars!!!!
April 6, 2025 at 3:51 AM
Houston Cougars!!!!
Reposted
obscene lying from Stephen Miller on Fox News as he claims the economy was in "depression" thanks to Biden when Trump took office (the American economy was in fact the envy of the world three months ago ... )
April 4, 2025 at 7:01 PM
obscene lying from Stephen Miller on Fox News as he claims the economy was in "depression" thanks to Biden when Trump took office (the American economy was in fact the envy of the world three months ago ... )
Reposted
The White House has confirmed that the formula behind President Trump's new tariffs is essentially based on the U.S. trade deficit with a foreign country, divided by the country’s exports. Here's how that works. nyti.ms/4jgr9e8
April 3, 2025 at 3:52 PM
The White House has confirmed that the formula behind President Trump's new tariffs is essentially based on the U.S. trade deficit with a foreign country, divided by the country’s exports. Here's how that works. nyti.ms/4jgr9e8
Reposted
List of countries not subjected to tariffs:
Russia
Belarus
North Korea
Cuba
They apparently took the time to impose tariffs on several uninhabited islands, so the omissions are extra noteworthy. If you spot others please flag!
Russia
Belarus
North Korea
Cuba
They apparently took the time to impose tariffs on several uninhabited islands, so the omissions are extra noteworthy. If you spot others please flag!
April 2, 2025 at 10:07 PM
List of countries not subjected to tariffs:
Russia
Belarus
North Korea
Cuba
They apparently took the time to impose tariffs on several uninhabited islands, so the omissions are extra noteworthy. If you spot others please flag!
Russia
Belarus
North Korea
Cuba
They apparently took the time to impose tariffs on several uninhabited islands, so the omissions are extra noteworthy. If you spot others please flag!
Reposted
French far-right leader Marine Le Pen faces one of the defining days of her political career on Monday, when a court rules whether she is guilty of embezzlement in a trial that could see her barred from the 2027 presidential race reut.rs/3DZbukp
France's Le Pen faces crunch day in graft trial that could kill her presidential hopes
French far-right leader Marine Le Pen faces one of the defining days of her political career on Monday, when a court rules whether she is guilty of embezzlement in a trial that could see her barred from the 2027 presidential race.
reut.rs
March 31, 2025 at 2:27 AM
French far-right leader Marine Le Pen faces one of the defining days of her political career on Monday, when a court rules whether she is guilty of embezzlement in a trial that could see her barred from the 2027 presidential race reut.rs/3DZbukp
Reposted
This is a huge loss for FDA regulatory science. Peter Marks led FDA CBER during COVID vax clinical development. Rigorous standards for safety/efficacy were met before emergency use authorization. Peter Marks was one of the COVID heroes while RFK Jr was spreading disinformation.
wapo.st/4hQn8fm
wapo.st/4hQn8fm
RFK Jr. forces out Peter Marks, FDA’s top vaccine scientist
Marks, an architect of Operation Warp Speed for coronavirus vaccines, warned that a measles outbreak shows how confidence in science is being “undermined.”
wapo.st
March 29, 2025 at 2:39 AM
This is a huge loss for FDA regulatory science. Peter Marks led FDA CBER during COVID vax clinical development. Rigorous standards for safety/efficacy were met before emergency use authorization. Peter Marks was one of the COVID heroes while RFK Jr was spreading disinformation.
wapo.st/4hQn8fm
wapo.st/4hQn8fm
Reposted
NIH has rescinded its scientific integrity policy. Hard to see this as anything other than clearing the way for shoddy research on things like vaccines. Regardless of the rationale, it's bad news for public health.
grants.nih.gov/grants/guide...
grants.nih.gov/grants/guide...
NOT-OD-25-080: Rescission of the Final Scientific Integrity Policy of the National Institutes of Health
NIH Funding Opportunities and Notices in the NIH Guide for Grants and Contracts: Rescission of the Final Scientific Integrity Policy of the National Institutes of Health NOT-OD-25-080. OD
grants.nih.gov
March 29, 2025 at 8:04 PM
NIH has rescinded its scientific integrity policy. Hard to see this as anything other than clearing the way for shoddy research on things like vaccines. Regardless of the rationale, it's bad news for public health.
grants.nih.gov/grants/guide...
grants.nih.gov/grants/guide...