Category «Current Events»

Newsworthy items that need my commentary.

The Fed Raised Rates Two Weeks Ago. Then Hiring Fell to 29,000 Jobs.

The Federal Reserve raised interest rates on September 16. Sixteen days later, the government told us employers added 29,000 jobs last month, when economists were expecting something closer to 85,000 or 90,000. That’s the timeline. Make of it what you will, but I’d make of it this: somebody pulled the brakes right before the car …

Amazon Blamed AI for 30,000 Layoffs. Its Workforce Grew by 20,000 Anyway.

Amazon wants you picturing a robot walking your coworker to the parking lot with a cardboard box. That’s not really what happened. Since October 2025, Amazon has cut roughly 30,000 corporate jobs in two waves — 14,000 last fall, another 16,000 in January. CEO Andy Jassy told employees back in a June 2025 memo that …

Everyone Said Ending Free Bags Would Sink Southwest. It Made Them $227 Million Instead.

Southwest Airlines spent decades selling you exactly one thing no other airline would: free bags. It showed up in every commercial and every earnings call, unchanged for years. Then in May 2025, Southwest killed it. The reaction was instant and confident. Fitch Ratings warned that adding bag fees risked “eroding Southwest’s competitive strengths relative to …

Your Plane Ticket Price Isn’t Random. It’s Personal.

Book a flight from an iPhone, in a hotel lobby, at midnight, after refreshing the same search four times because the price keeps changing, and Delta might quietly decide you look desperate enough to pay more. Sounds like a conspiracy theory. It isn’t anymore. It’s the subject of a congressional inquiry with an actual deadline. …

Your AI “Friend” Isn’t Making You Less Lonely. It’s Making You More.

Stanford researchers just spent months studying how people actually talk to AI chatbots, and the takeaway is blunt: the lonelier you already are, the worse an AI companion tends to make you feel. Not better. Worse. Researchers in Stanford’s Diyi Yang lab surveyed more than a thousand people who use Character.AI and dug through 244 …

Back-to-School Shopping Quietly Became a Financial Stress Test

Somewhere between the three-ring binders and the “suggested donation” for classroom supplies, back-to-school shopping quietly turned into one of the more stressful line items on the family calendar, and this year it’s worse than usual. New numbers out this month show families planning to spend less on the actual shopping trip than they did last …

Video Series: Defunding The Police

Black Lives Matter is an exceptionally important in this country – in the world as it gains (finally) some real momentum in the Summer of 2020. The potential for change seems real – the right people are saying the right things and even starting to do the right things. Has the idea of defunding the …

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