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Is the US really in an AI race with China—or are we racing toward completely different finish lines?In this episode, Tristan Harris sits down with China experts Selina Xu and Matt Sheehan to separate fact from fiction about China's AI development. They explore fundamental questions about how the Chinese government and public approach AI, the most persistent misconceptions in the West, and whether cooperation between rivals is actually possible. From the streets of Shanghai to high-level policy discussions, Xu and Sheehan paint a nuanced portrait of AI in China that defies both hawkish fears and naive optimism.If we're going to avoid a catastrophic AI arms race, we first need to understand what race we're actually in—and whether we're even running toward the same finish line.Note: On December 8, after this recording took place, the Trump administration announced that the Commerce Department would allow American semiconductor companies, including Nvidia, to sell their most powerful chips to China in exchange for a 25 percent cut of the revenue.RECOMMENDED MEDIA“China's Big AI Diffusion Plan is Here. Will it Work?” by Matt SheehanSelina's blogFurther reading on China's AI+ PlanFurther reading on the Gaither Report and the missile gapFurther Reading on involution in ChinaThe consensus from the international dialogues on AI safety in ShanghaiRECOMMENDED YUA EPISODESThe Narrow Path: Sam Hammond on AI, Institutions, and the Fragile FutureAI Is Moving Fast. We Need Laws that Will Too.The AI ‘Race': China vs. the US with Jeffrey Ding and Karen Hao Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
You're listening to American Ground Radio with Stephen Parr and Louis R. Avallone. This is the full show for December 12, 2025. 0:30 We dig into new FBI data showing that California led the nation in active shooter incidents from 2020 to 2024 — 25 incidents, more than any other state — and the irony is impossible to ignore. This is the same state with the most aggressive gun control regime in the country: assault weapon bans, magazine limits, waiting periods, registration, red flag laws, ammo restrictions, carry permit mandates — layers upon layers of regulation. If gun control worked the way it’s sold emotionally and rhetorically, California should be the safest state in America. It’s not. That’s the core question they keep coming back to: why doesn’t gun control work where it exists the most? The answer is uncomfortable for the left. Laws don’t stop criminals. They only restrict law-abiding citizens. Shooters don’t follow magazine limits, don’t wait ten days, don’t register firearms, and don’t ask permission. California’s system controls one group of people — responsible citizens — while leaving violent criminals untouched. 9:30 Plus, we cover the Top 3 Things You Need to Know. The US trade deficit dropped to the lowest level in five years.That's according to data released by the Commerce Department's Bureau of Economic Analysis. Half of the commercial drivers licenses issued in the state of New York to foreign workers were issued illegally. The Leader of Black Lives Matter in Oklahoma has been arrested for embezzling $3.15 million. 12:30 Get Prodovite Plus from Victory Nutrition International for 20% off. Go to vni.life/agr and use the promo code AGR20. 13:00 We step back from politics and wrestle with one of the oldest and hardest questions there is: why God allows suffering. We reflect on how some tragedies are so overwhelming, so senseless, that the only human response is to ask “why.” And they point to the assassination of Charlie Kirk as one of those moments — a young man devoted to ideas, speech, and persuasion, taken suddenly, leaving behind a family and a nation trying to make sense of it. 15:00 American Mamas Teri Netterville and Kimberly Burleson tackle a listener question that hits a nerve for a lot of people: what do you do when you’re in your late 50s, you know you still have something to offer — but you don’t feel a clear passion anymore? The Mamas talk about how passion isn’t always something you “figure out” in advance. Sometimes it finds you. Sometimes it only makes sense in hindsight. They reflect on how certain seasons — raising children, leading nonprofits, stepping into unexpected roles — demand everything you have, and when they end, it can feel disorienting. But that doesn’t mean you’re empty. It means you’re available. If you'd like to ask our American Mamas a question, go to our website, AmericanGroundRadio.com/mamas and click on the Ask the Mamas button. 23:00 After revisiting the debate over gun laws and crime, we dig into a case out of Atlanta where a homeowner shot two juveniles allegedly stealing packages off his porch. While no one defends theft, the discussion makes a clear distinction between protecting property and using deadly force. Gun rights come with limits, and firing at someone who is fleeing raises serious legal and moral questions. Exercising a right irresponsibly only undermines the right itself. 26:30 We move on to Maryland, where lawmakers are considering a $25-an-hour minimum wage — a move activists are calling “survival,” not radical. But survival for whom? We break down what a $25 minimum wage actually means for employers, especially small businesses, and why economists warn it could lock people out of the workforce entirely. When the first rung on the ladder costs $52,000 a year, employers stop taking chances — and the people shut out first are young workers with no experience. California is a real-time case study: higher mandated wages, fewer jobs, more automation, and young people locked out of entry-level work altogether. The conclusion is blunt — every time government raises the minimum wage, someone becomes unemployable by law. 32:00 Get TrimROX from Victory Nutrition International for 20% off. Go to vni.life/agr and use the promo code AGR20. 32:30 President Trump signed legislation this week honoring the 1980 U.S. Olympic hockey team — and on the surface, it’s exactly what you’d expect: a celebration of grit, teamwork, patriotism, and one of the greatest upsets in sports history. But this is also vintage Trump. Because this isn’t just about hockey — it’s about symbolism. Forty-five years later, Trump is reminding the world, and especially Moscow, of what happened at Lake Placid. At the height of the Cold War, the Soviet Union rolled out a fully funded, state-run, professional team designed to showcase the superiority of communism. And they lost — on live television — to a bunch of American college kids playing for pride. 35:30 Plus, it's Fake News Friday! We're putting you to the test with our weekly game of headlines—are they real news, fake news, or really fake news? From death threats against Marjorie Taylor Greene and suspected terrorists, to tech company taxes, Nigerian prince scams, and even criminals "too handsome" to stand trial, can you spot the fake news? Play along, keep score, and share your results with us on Facebook page: facebook.com/AmericanGroundRadio. 39:30 We reacted to Illinois Governor J.B. Pritzker signing legislation legalizing assisted suicide for terminally ill patients, making Illinois the 12th state to do so. While supporters frame it as “compassion,” this argument has already played out elsewhere — most notably in Canada — and the results are chilling. 41:30 And we end today's show with some words of wisdom about work. Follow us: americangroundradio.com Facebook: facebook.com / AmericanGroundRadio Instagram: instagram.com/americangroundradioSee omnystudio.com/listener for privacy information.
This Day in Legal History: Bush v. GoreOn December 12, 2000, the U.S. Supreme Court issued its landmark decision in Bush v. Gore, effectively ending the Florida recount and resolving the 2000 presidential election in favor of George W. Bush. The per curiam opinion held that the Florida Supreme Court's method for ordering a manual recount violated the Equal Protection Clause of the Fourteenth Amendment due to inconsistent standards across counties. The Court also ruled that there was not enough time to implement a constitutionally valid recount before the deadline for certifying electors.The decision was one of the most controversial in the Court's history. It was split 5-4 along ideological lines, with the majority—led by Chief Justice Rehnquist and Justices Scalia, Thomas, Kennedy, and O'Connor—arguing that allowing the recount to continue would irreparably harm Bush. The dissent, written by Justices Stevens, Ginsburg, Breyer, and Souter, criticized the majority for intervening in a state election process and undermining public confidence in judicial neutrality.The ruling effectively awarded Florida's 25 electoral votes to Bush, giving him 271 electoral votes—one more than needed to win the presidency—despite losing the national popular vote to Al Gore. The case remains a flashpoint in debates over judicial activism, the politicization of the courts, and the role of federal courts in state election matters. It also raised enduring questions about election integrity and the limits of judicial power in resolving political disputes.The watchdog group American Oversight filed a lawsuit against the U.S. Commerce and Justice Departments, demanding records of legal arrangements between the Trump administration and nine major law firms. The group had submitted eight Freedom of Information Act (FOIA) requests in October seeking details about agreements in which the firms pledged to provide nearly $940 million in pro bono or discounted legal services to the federal government. After receiving inadequate responses, the group took legal action to compel the release of any related contracts, communications, or internal legal analyses.The agreements were announced by Trump earlier in the year on social media, shortly after he issued executive orders targeting law firms for their previous political and diversity-related work. American Oversight is particularly concerned about whether the deals were transparent and whether they might have influenced government policy or enforcement decisions. Several firms—Kirkland & Ellis, Paul Weiss, Simpson Thacher, and Skadden Arps—were reported to have been involved in trade matters or other projects with the administration. None of the firms or the agencies responded to requests for comment.This lawsuit follows a similar legal action by Columbia University's Knight First Amendment Institute, which alleged in October that related federal record requests had been improperly denied. Meanwhile, Democratic lawmakers have also asked several of the firms to explain their government work, but the firms declined, citing client confidentiality and discretion in matter selection.Trump administration sued for records of law firm deals | ReutersA federal judge blocked a renewed attempt by immigration authorities to detain Kilmar Abrego, just one day after his court-ordered release from ICE custody in Pennsylvania. U.S. District Judge Paula Xinis had previously ordered Abrego's temporary release, but an immigration judge quickly issued a new directive requiring him to report back to detention by the following morning. In response, Abrego's attorneys filed an emergency request to stop the re-detention, which Xinis granted.In her ruling, Judge Xinis emphasized that judicial decisions must be respected and cannot be reversed hastily without due process. Abrego's case has drawn national attention, serving as a high-profile example of what critics view as the Trump administration's heavy-handed immigration enforcement tactics. Originally deported in March to El Salvador under disputed circumstances, Abrego was returned to the U.S. in June to face charges related to human smuggling.Supporters argue his case reflects serious due process violations, while administration officials have maintained he poses a public safety risk. The legal tug-of-war over Abrego's detention has become emblematic of broader legal and political conflicts surrounding immigration enforcement and civil liberties under the Trump administration.Judge blocks new effort to detain Kilmar Abrego | ReutersA federal judge in Boston ruled that the Trump administration acted unlawfully when it attempted to terminate a FEMA program designed to help states prepare for natural disasters. U.S. District Judge Richard Stearns sided with a coalition of 20 mostly Democratic-led states, finding that the administration overstepped its authority by trying to cancel the Building Resilient Infrastructure and Communities (BRIC) program and redirect its funds elsewhere without congressional approval.The Department of Homeland Security, which oversees FEMA, had labeled the program wasteful and politically driven when it moved to end it in April. Judge Stearns rejected that rationale, emphasizing that Congress—not the executive branch—has the power to decide how federal funds are spent. He previously issued an order in August blocking FEMA from diverting more than $4 billion in BRIC funding. In this latest decision, he ordered the program reinstated and required FEMA to take immediate steps to undo its termination.Massachusetts Attorney General Andrea Joy Campbell praised the ruling, stating it would save lives by preserving funding for critical infrastructure improvements meant to prevent disaster-related harm. The Department of Homeland Security, in contrast, denied that it had ended BRIC and accused the court of siding with a politicized narrative, claiming the program had been misused by the Biden administration.Since its launch, BRIC has approved over $4.5 billion in grants for nearly 2,000 disaster mitigation projects, many located in vulnerable coastal states. The lawsuit, led by states like Washington and Massachusetts, argued that canceling the program delayed or canceled hundreds of vital community projects aimed at reducing disaster risk.Trump administration unlawfully canceled disaster prevention program, US judge rules | ReutersPresident Trump announced an executive order threatening to withhold federal broadband funding from states with AI regulations deemed obstructive to national technological dominance. The order targets state-level laws that the administration argues create a fragmented, burdensome environment for AI innovation, particularly for startups. Trump emphasized the need for a single, centralized regulatory system, positioning the U.S. to compete more aggressively with China in the AI sector.The order authorizes the Commerce Department to review state AI laws and restrict access to the $42 billion Broadband Equity Access and Deployment fund for non-compliant states. It also criticizes anti-discrimination measures in states like Colorado, claiming such laws inject “ideological bias” into AI development. While the administration supports certain safeguards, such as child protection, it aims to dismantle what it sees as excessive oversight.Critics argue the move undermines state authority and risks public safety. Representative Don Beyer warned the order violates the 10th Amendment and discourages meaningful congressional action. State leaders from both parties have defended their right to regulate AI, citing the federal government's inaction on tech legislation. States like New York, California, and Florida have already enacted laws addressing AI's risks, from data transparency to deepfake bans.Trump threatens funding for states over AI regulations | ReutersThis week's closing theme is by Abigail Leahey and her classmates.This week, we are proud to present a performance of singular clarity, youthful ambition, and the product of more than a little bit of dedicated practice: The First Scale March, recorded live on December 10th at a school Winter Concert. Its thematic simplicity belies its pedagogical complexity: it is equal parts warm-up and war cry. The holidays are upon us.The featured artist, Abigail, is one of several violins. She was born in New Jersey in 2014 and has been defying expectations and delighting her family ever since. A gifted writer, illustrator, softball player, and—crucially—violinist, she began studying the instrument in earnest in early 2025. In a bold display of ambidextrous courage, she agreed to learn the instrument right-handed.Abigail's musical sensibility combines the raw urgency of a student recital with the unmistakable rhythmic intensity of a group trying very hard to play the same tempo at the same time. Her phrasing evokes a deep respect for the discipline of practice; she has come a long way—and is still going.We are honored to showcase this piece as a representative work from a performer at the dawn of her musical journey, backed by a supporting cast of equally determined string players. With hearts full and bows raised, they march forward—one note at a time. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.minimumcomp.com/subscribe
Kevin talks about his alma matre Xavier University's upset victory over the University of Cincinnati in the "Crosstown Shootout"; Indiana's stunning victory over THE Ohio State University; the College Football Playoff selection results; Cincinnati Bengals vs Buffalo Bills; the U.S. Commerce Department released the much anticipated Personal Consumption Expenditures Price Index the Core Personal Consumption Expenditures Price Index; local gas prices compared to the national prices; Kevin has the details, digs into the data, puts the information into historical perspective, offers his insights and of course, his opinions.
Kevin talks about his alma matre Xavier University's upset victory over the University of Cincinnati in the "Crosstown Shootout"; Indiana's stunning victory over THE Ohio State University; the College Football Playoff selection results; Cincinnati Bengals vs Buffalo Bills; the U.S. Commerce Department released the much anticipated Personal Consumption Expenditures Price Index the Core Personal Consumption Expenditures Price Index; local gas prices compared to the national prices; Kevin has the details, digs into the data, puts the information into historical perspective, offers his insights and of course, his opinions.See omnystudio.com/listener for privacy information.
Kevin talks about his alma matre Xavier University's upset victory over the University of Cincinnati in the "Crosstown Shootout"; Indiana's stunning victory over THE Ohio State University; the College Football Playoff selection results; Cincinnati Bengals vs Buffalo Bills; the U.S. Commerce Department released the much anticipated Personal Consumption Expenditures Price Index the Core Personal Consumption Expenditures Price Index; local gas prices compared to the national prices; Kevin has the details, digs into the data, puts the information into historical perspective, offers his insights and of course, his opinions.See omnystudio.com/listener for privacy information.
Story of the Week (DR):Netflix to Buy Warner Bros. in $83 Billion Deal to Create a Streaming GiantThe deal to acquire the Hollywood giant's television and film studios as well as HBO Max will bulk up the world's biggest paid streaming service.The acquisition is expected to close after Warner Bros. Discovery carves out its cable unit, which the companies expected be completed by the third quarter of 2026. That means there will be a separate public company controlling channels like CNN, TNT and Discovery.Trump administration views Netflix and Warner Bros. deal with ‘heavy skepticism,' senior official saysThe New York Post on Thursday reported that, “Paramount Skydance chief David Ellison met with Trump officials and key lawmakers in Washington DC on Wednesday to press his case against Warner Bros. Discovery's potential selection of Netflix as its merger partner.”Costco is poking the Trump bear MMBig public companies have mostly treated President Donald Trump with kid gloves during his second term. They've quietly avoided conflict while seeking favor with ornate gifts, large donations to his pet projects and strategic deployments of CEOs to the Oval Office.That's what made Costco's decision last week to sue the Trump administration so shocking.Costco filed a lawsuit that contends Trump overstepped his emergency powers by imposing sweeping tariffs – and claimed the company is due a refund.Biden commerce secretary to join Costco board as company sues over Trump's tariffsCostco board now 50/50Gina Raimondo led the agency responsible for crafting U.S. trade policy during all four years of Democrat Joe Biden's presidency.Rhodes Scholar Raimondo led Biden's Commerce Department; former governor of Rhode Island (2015-2021)AT&T Commits to Drop DEI Programs and GoalsIn the letter, AT&T makes a series of commitments, including stating that:“AT&T does not and will not have any roles focused on DEI”“we removed training related to “diversity, equity and inclusion” as well as any references to it from our internal and external messaging”“It is AT&T's longstanding practice to pay and advance individuals based on merit and qualification”From Brendan Carr's tweet: NEW on DEI: AT&T has now memorialized its commitment to ending DEI-related policies in an FCC filing and “will not have any roles focused on DEI.” This follows the big changes @robbystarbuck already announced earlier this year.AT&T promised the government it won't pursue DEI. FCC commissioner warns it will be a ‘stain to their reputation long into the future'Anna Gomez, the sole Democrat on the FCC: “AT&T's reversal isn't a sudden transformation of values, but a strategic financial play to curry favor with this FCC/Administration. Companies should remember that abandoning fairness and inclusion for short-term gain will be a stain to their reputation long into the future.”AT&T eliminates DEI programs, says hiring and advancement will now be merit-basedZillow Doesn't Care If Climate Change Destroys Your New HomeThe real estate platform recently removed climate risk scores from its listings—a potentially ruinous development for some buyers.Classified board; co-founders/co-Executive Chairs Lloyd D. Frink 36% and Richard N. Barton (Netflix; Qurate Retail) 40%10 votes per share of Class B common stock55% voting power; less than 12% economic interestCombined $83M in pay over last 3 years; primarily optionsGender Influence Gap (-23%): April Underwood 2%; Amy C. Bohutinsky 2% (former Zillow COO and CMO); Claire Cormier Thielke 1%LT directorsCompensation committee chair Jay Hoag (2005-)!Netflix, TripAdvisor, Peloton 65%Audit committee chair Greg Maffei (2005-)Qurate Retail, Charter Communications; Live Nation Entertainment; TripAdvisor; Liberty Broadband; SiriusXMAlso: Erik Blachford (2005-); Gordon Stephenson (2005-)Also: CEO Jeremy Wacksman and earnings underperformer: J. William Gurley (Stitch Fix .094 earnings; Nextdoor .010 earnings)Goodliest of the Week (MM/DR):DR: Melinda French Gates slams billionaires who aren't giving away enough of their wealthThere are more billionaires than ever — and they have almost $16 trillionMM: Billionaire heads on robot dogs pooping photos go viral at major Miami art fair MMAssholiest of the Week (MM):The “arrogant pricking” of CEOsPalantir CEO Alex Karp defends being an ‘arrogant prick'—and says more CEOs should be, tooIn Karp's worldview, “arrogance” is a necessary survival mechanism for a leader who intends to be right even when it is unpopular.“The only people who pay the price for being wrong in this culture, in complete fashion, are poor people,” Karp said. “The rest of us somehow outsource all the times we're wrong and stupid to the whole society.”Meanwhile, we're now hearing from Sundar Pichai (who's trying Cassandra on for size), never ending diatribes from Sam Altman, Elon Musk, Mark Zuckerberg, Jeff Bezos, and everyone else with a 6000x CEO pay ratio… “Merit based” ass kissingAT&T eliminates DEI programs, says hiring and advancement will now be merit-basedFCC boss Brendan Carr claims another victory over DEI as AT&T drops programsSo how "merit-based" is the board? Top knowledge: economics (useful for phones... somehow...). Team TSR performance: 0.482 (where 0.500 is the average return for a board). Controversies performance is an excellently horrible 0.204, with CEO John Stankey as one of the worst performers... ON EARTH at 0.028 (meaning, he's in the worst 3% of all people on boards for controversies facing their companies). For most of the board, it matters more to be connected than good.Replacing government safety nets with billionaire whims DRJeff Bezos and Lauren Sánchez Bezos commit $102.5 million to organizations combatting homelessness across the U.S.: ‘This is just the beginning'Sánchez Bezos recounted meeting families benefiting from local organizations to which the Bezos Day 1 Families Fund offered grants… she met one woman who had been kicked out of her home with her infant daughter, but the organization took her in for the night, gave them a bed with sheets and a locked door. “It brought tears to my eyes seeing this little baby and seeing her flourish,” Sánchez Bezos said. “Selfishly, it fills my heart meeting these families. It really, really does.”Michael and Susan Dell to donate $6.25 billion to fund 'Trump accounts' for 25 million U.S. kidsHeadliniest of the WeekDR: Zuckerberg Basically Giving Up on Metaverse After Renaming Entire Company “Meta”DR: Nvidia CFO admits the $100 billion OpenAI megadeal ‘still' isn't signed—two months after it helped fuel an AI rallyNvidia CFO Colette Kress told investors that the much-hyped OpenAI partnership is still at the letter-of-intent stage: “We still haven't completed a definitive agreement,” Kress said when asked how much of the 10-gigawatt commitment is actually locked in. That's a striking clarification for a deal that Nvidia CEO Jensen Huang once called “the biggest AI infrastructure project in history.MM: Children Sob as Waymo Runs Over DogWho Won the Week?DR: CostcoMM: Robot dogsPredictionsDR: Based on this headline (Jamie Dimon Once Called Bitcoin a ‘Fraud.' Now, JPMorgan Is Quietly Making Blockchain History and Betting This ‘Crypto Winter' Will Be Short-Lived), Jamie decides to invest in Volcano-Powered NFT Mining FarmsMM: Costco will start selling a new kind of robot dog (they already sell one) that has Gina Raimando and Jeffrey Raikes face and poops out pictures of Howard Lutnick
Kevin covers the following stories: the American Transportation Research Institute recently released a report, "The Fight Against Cargo Theft"; Tequila from a joint venture of Guy Fieri and Sammy Hagar was stolen; craft whiskey stolen from a Burlington, WA warehouse; Top Cyber Security Pro, Dave Hatter joins the show to discuss identity theft, business identity theft, the sophistication of cyber thieves and how to prevent it; the U.S Labor Department released the Weekly Initial Jobless Claims; the Commerce Department's Census Bureau released Capital Goods Orders data and Durable Goods Orders; the Atlanta Federal Reserve forecasted 3rd Quarter Gross Domestic Product; Kevin has the details, sifts through the numbers, puts the data into historical perspective, offers his insights and opinions.
Kevin covers the following stories: the American Transportation Research Institute recently released a report, "The Fight Against Cargo Theft"; Tequila from a joint venture of Guy Fieri and Sammy Hagar was stolen; craft whiskey stolen from a Burlington, WA warehouse; Top Cyber Security Pro, Dave Hatter joins the show to discuss identity theft, business identity theft, the sophistication of cyber thieves and how to prevent it; the U.S Labor Department released the Weekly Initial Jobless Claims; the Commerce Department's Census Bureau released Capital Goods Orders data and Durable Goods Orders; the Atlanta Federal Reserve forecasted 3rd Quarter Gross Domestic Product; Kevin has the details, sifts through the numbers, puts the data into historical perspective, offers his insights and opinions.See omnystudio.com/listener for privacy information.
Kevin covers the following stories: the American Transportation Research Institute recently released a report, "The Fight Against Cargo Theft"; Tequila from a joint venture of Guy Fieri and Sammy Hagar was stolen; craft whiskey stolen from a Burlington, WA warehouse; Top Cyber Security Pro, Dave Hatter joins the show to discuss identity theft, business identity theft, the sophistication of cyber thieves and how to prevent it; the U.S Labor Department released the Weekly Initial Jobless Claims; the Commerce Department's Census Bureau released Capital Goods Orders data and Durable Goods Orders; the Atlanta Federal Reserve forecasted 3rd Quarter Gross Domestic Product; Kevin has the details, sifts through the numbers, puts the data into historical perspective, offers his insights and opinions.See omnystudio.com/listener for privacy information.
Kevin covers the following stories: the American Transportation Research Institute recently released a report, "The Fight Against Cargo Theft"; Tequila from a joint venture of Guy Fieri and Sammy Hagar was stolen; craft whiskey stolen from a Burlington, WA warehouse; Top Cyber Security Pro, Dave Hatter joins the show to discuss identity theft, business identity theft, the sophistication of cyber thieves and how to prevent it; the U.S Labor Department released the Weekly Initial Jobless Claims; the Commerce Department's Census Bureau released Capital Goods Orders data and Durable Goods Orders; the Atlanta Federal Reserve forecasted 3rd Quarter Gross Domestic Product; Kevin has the details, sifts through the numbers, puts the data into historical perspective, offers his insights and opinions.
Dramatic testimony in the trial of the man who murdered three UVa football players... The Commerce Department approves plans to complete broadband expansion in Virginia... Gambling interests hope to strike it rich in the next General Assembly session....
The discourse presented herein elucidates the intricate dynamics shaping the furniture industry as of November 10, 2025. Central to our examination is the paradoxical juxtaposition of a robust rebound in overall retail sales, as reported by the Commerce Department, against the notable decline of 1.7% in the furniture and home furnishings sector. This divergence raises critical inquiries regarding consumer behavior, particularly as individuals increasingly prioritize experiential expenditures over substantial home acquisitions, a trend exacerbated by persistent inflation and political instability. Furthermore, our analysis highlights the remarkable outcomes of the recent High Point Market, where exhibitors experienced unexpectedly strong engagement, suggesting a potential reorientation towards product innovation and value amidst an evolving retail landscape. Ultimately, we confront the pressing necessity for the industry to adapt to the transformative influence of artificial intelligence in e-commerce, which has already begun to reshape consumer interactions and purchasing patterns significantly.A comprehensive analysis of the current state of the retail landscape reveals a dichotomy in the performance of various sectors, particularly within the furniture and home furnishings domain. Recent reports from the Commerce Department highlight a robust rebound in overall retail sales for October, showcasing a healthy increase in core sales compared to the previous month and a significant year-over-year growth. This optimistic trend aligns with the National Retail Federation's prediction of a record-breaking holiday season. However, the furniture sector has not shared in this success, experiencing a 1.7% decline year-over-year. This perplexing disparity suggests a shift in consumer priorities, with an apparent preference for smaller purchases and experiential expenditures over significant investments in home furnishings. Despite the backdrop of wage growth and low unemployment rates, consumer sentiment has been adversely affected by persistent inflation, high interest rates, and political instability, leading to a cautious approach among households toward large-ticket items.The recent High Point Market has presented a remarkable counterpoint to the prevailing consumer anxiety, as exhibitors reported unexpectedly strong performances, indicating a potential adjustment to a new normal within the industry. Years of supply chain disruptions have compelled the sector to focus on the fundamentals of product design and value rather than merely logistical concerns. A notable trend observed at the market was the resilience of the case goods market across all price tiers, where suppliers have innovatively utilized materials to deliver attractive designs at accessible price points. Domestic suppliers in the mid-market have capitalized on their advantages, such as shorter lead times, appealing to retailers weary of unpredictable shipping. In the luxury segment, attributes such as craftsmanship, unique materials, and elevated design have driven success, underscoring the importance of a clear value proposition for consumers.Nonetheless, the recovery within the industry remains uneven, as evidenced by Doral Industries' distressing financial results, which contrast sharply with the more favorable outcomes reported by other segments. The company has initiated a strategic pivot toward a leaner wholesale model, consolidating brands and reducing its SKU count, while its juvenile segment has demonstrated resilience amidst these challenges. On a broader scale, the integration of artificial intelligence in e-commerce is rapidly transforming the retail landscape, with substantial increases in referral traffic and conversion rates for AI-driven shopping experiences. As the industry approaches the critical holiday season, the uptick in spending on home goods presents a glimmer of hope, suggesting that the furniture sector...
On today's podcast:1) Democrats swept the three major local elections in the US on Tuesday by wider-than-expected margins, giving the beleaguered party a much-needed boost 10 months into President Donald Trump’s second term. In New York, voters elected 34-year-old Zohran Mamdani, a democratic socialist, as mayor after he deployed a social media-savvy campaign and joined up with two progressive icons, Vermont Senator Bernie Sanders and Representative Alexandria Ocasio-Cortez. Mamdani — who will be New York’s first Muslim and South Asian mayor when he takes office Jan. 1 — campaigned on making the global business hub more affordable by using higher taxes on the wealthy to pay for free buses and city-run grocery stores, overcoming many voters’ concerns about his pro-Palestinian views.2) Abigail Spanberger, a 46-year-old former CIA officer who left the House of Representatives after three terms in January, will be the first female governor in Virginia, a state that’s front-and-center in the battle over the government shutdown and efforts to trim the federal workforce. Likewise in New Jersey, Representative Mikie Sherrill, a former Navy helicopter pilot, won a race in which pocketbook concerns about utility bills, health care and schools were more central than culture war issues or government giveaways. About 6 in 10 voters in Virginia and New Jersey described themselves as “angry” or “dissatisfied” with the current state of the country, according to an exit poll conducted by the Associated Press, compared to just one-third who said they were “enthusiastic” or “satisfied.” Meanwhile, California voters passed a ballot measure that could flip as many as five congressional seats to Democrats from Republicans, handing Governor Gavin Newsom a major political victory in his fight against President Trump.3) The fate of the majority of President Trump’s tariffs is in the hands of the US Supreme Court after lower courts ruled that they were issued illegally under an emergency law. The tariffs have remained in place to allow the Trump administration to appeal to the highest court, which is scheduled to hear arguments today. The Supreme Court case doesn’t touch upon the duties imposed on certain product categories using different legal foundations. For example, the Trump administration has put in place levies on steel, aluminum, automobiles, copper products and lumber by harnessing Section 232 of the 1962 Trade Expansion Act. Those tariffs depend on Commerce Department investigations that concluded that imports of such products pose a national security risk.See omnystudio.com/listener for privacy information.
The Commerce Department has proposed barring sales of TP-Link products, citing a national security risk from ties to China. Please Like, Comment and Follow 'Philip Teresi on KMJ' on all platforms: --- Philip Teresi on KMJ is available on the KMJNOW app, Apple Podcasts, Spotify, YouTube or wherever else you listen to podcasts. -- Philip Teresi on KMJ Weekdays 2-6 PM Pacific on News/Talk 580 AM & 105.9 FM KMJ | Website | Facebook | Instagram | X | Podcast | Amazon | - Everything KMJ KMJNOW App | Podcasts | Facebook | X | Instagram See omnystudio.com/listener for privacy information.
The Commerce Department has proposed barring sales of TP-Link products, citing a national security risk from ties to China. Please Like, Comment and Follow 'Philip Teresi on KMJ' on all platforms: --- Philip Teresi on KMJ is available on the KMJNOW app, Apple Podcasts, Spotify, YouTube or wherever else you listen to podcasts. -- Philip Teresi on KMJ Weekdays 2-6 PM Pacific on News/Talk 580 AM & 105.9 FM KMJ | Website | Facebook | Instagram | X | Podcast | Amazon | - Everything KMJ KMJNOW App | Podcasts | Facebook | X | Instagram See omnystudio.com/listener for privacy information.
Advisors on This Week's Show Kyle Tetting Art Rothschild Steve Giles (with Max Hoelzl, Joel Dresang, engineered by Jason Scuglik) Week in Review (Oct. 27-31, 2025) Significant Economic Indicators & Reports Monday An indicator of demand for manufactured products, the Commerce Department's report on durable goods orders, was unavailable because of the federal government shutdown. Tuesday Housing prices continued slowing in August, according to the S&P Cotality Case-Shiller national home price index. The measure showed a 1.5% year-to-year gain in residential prices, the lowest in more than two years and below the overall inflation rate for the fourth straight month. An S&P analyst said the housing market has been trying to find a sustainable equilibrium following its post-pandemic boom. He added, "(H)omeowners are watching their real equity erode while buyers face the dual challenge of elevated prices and high borrowing costs." The Conference Board said its consumer confidence index moved sideways in October. The index dipped slightly from September with lower expectations offsetting consumers' marginally higher opinion of the present situation. The business research group said pessimism about the future continued to suggest an impending recession for the ninth month in a row. Prices and inflation remained the top concerns among survey respondents. Mentions of tariffs declined from earlier surveys but stayed elevated. Some consumers expressed dismay about the federal government shutdown. Wednesday The National Association of Realtors said its pending home sales index was unchanged in September and down 0.9% from the year before. The trade association said lower mortgage rates and increased wealth effect – from record-high stock prices and elevated home values – could not overcome apparent softening in the job market. The pending sales index remained more than 25% below its 2001 base, which the Realtors consider a normal level of sales activity. As expected, the Federal Open Market Committee lowered short-term lending rates by one quarter of a percentage point for the second time in six weeks. The Federal Reserve Board's policy-making body said continued consideration of slowing labor markets prompted it to loosen monetary control, though it also expressed reluctance to lower rates while inflation stayed above the long-term target of 2%. The September Consumer Price Index showed broad inflation rising at a 3% annual rate, although more complete data reports have been curtailed by the federal government shutdown. Thursday The broadest measure of U.S. economic output, the quarterly report on gross domestic product, was not available from the Bureau of Economic Analysis because of the federal government shutdown. The GDP report includes the Fed's preferred measure of inflation, the personal consumption expenditure index. The Labor Department's report on initial unemployment insurance claims was not available for the fifth week in a row because of the federal government shutdown. Friday The Bureau of Economic Analysis did not release its consumer spending report for September because of the federal government shutdown. Market Closings for the Week Nasdaq – 23725, up 520 points or 2.2% Standard & Poor's 500 – 6840, up 49 points or 0.7% Dow Jones Industrial – 47563, up 356 points or 0.8% 10-year U.S. Treasury Note – 4.10%, down 0.10 point
-A number of US government agencies are backing a potential move by the Commerce Department to ban TP-Link routers, according to The Washington Post. Multiple sources familiar with internal deliberations spoke with the publication on the condition of anonymity, including a former senior Defense Department official. -Donald Trump and China's leader, Xi Jinping, have agreed to a one-year pause on the punitive Trump-instated tariffs that are at the heart of the ongoing trade war between the two superpowers. -Immersive productivity for Windows 11 is now available on the Meta Quest 3 and 3S with the latest release of Meta's Horizon OS. The feature, called Mixed Reality Link, was available on a limited basis after public previews began last year. The Windows virtual desktop experience is now rolling out to all users. Learn more about your ad choices. Visit podcastchoices.com/adchoices
S&P Futures are inching higher this morning as markets digest another round of earnings results. In geopolitical news, the U.S. is tightening sanctions on Russian oil — a move expected to curb purchases from China and India. All eyes are on tomorrow's meeting between U.S. and Chinese officials ahead of next week's high-stakes Trump–Xi summit. Quantum stocks are in focus after reports of funding talks with the Commerce Department in exchange for potential equity stakes. On the economic front, today's key release will be the New Home Sales report from the National Association of Realtors. Earnings movers include DOV, DOW, LVS, and TMUS trading higher, while IBM, SAP, and TSLA dip after results. After the bell, INTC, F, DECK, and VRSN will report — followed by PC, SNY, HCA, GD, and ITW on Friday morning.
Headlines centered on the Trump administration seeking stakes in quantum computing companies sent stocks like Rigetti Computing (RGTI) and D-Wave Quantum (QBTS) soaring on Thursday's session. The Commerce Department has since denied those reports, though Kevin Green offers his take on quantum's big picture. He points to commercialization as the biggest question behind whether the industry's modern-day growth is sustainable.======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about
Host: Warrington Ellacott Guest: David Paterson, Ontario's Representative in Washington, D.C. Published: October 2025 Length: ~20minutes Presented by: Global Training Center This week on Simply Trade, Warrington Ellacott from the Canadian Association of Importers and Exporters returns for another Canadian Pod edition. His guest is David Paterson, Ontario's representative in Washington, D.C., who offers a front-row view of U.S.-Canada trade policy amid new tariffs, shifting supply chains, and political change. Together, they break down the current state of Canada–U.S. trade under the Trump administration, the critical role Ontario plays as America's top customer, and how supply chains can adapt to the evolving tariff and compliance landscape. From auto manufacturing and critical minerals to AI innovation, Ontario is positioning itself not only as a trade powerhouse but also as a strategic bridge between North American and global markets. What You'll Learn in This Episode The economic relationship between Ontario and the United States Ontario's role as the largest trading partner for 17 U.S. states How the new IEEPA and sectoral tariffs are changing trade cost structures Ways Ontario works with the U.S. Commerce Department to secure exemptions Understanding the integration and fragility of cross-border supply chains How recent U.S. tariffs on derivatives and auto parts impact logistics and compliance Why Ontario attracts more than $40 billion annually in new investment The province's approach to diversifying trade, energy, and critical minerals Ontario's emerging edge in artificial intelligence, nuclear power, and R&D Programs supporting investors through Invest Ontario and trade financing arms Key Discussion Highlights Integrated Supply Chains: Both countries depend on real-time cross-border flows, particularly for manufacturing and automotive sectors. Tariff Challenges: New 232 and derivative tariffs complicate valuation and classification for exporters and brokers. Policy Outlook: Renegotiation of the USMCA and upcoming court decisions could reshape tariff enforcement. Ontario's Edge: A strong industrial base, advanced education sector, and access to critical minerals position Ontario for global leadership. Economic Strategy: Ontario's pro-business approach—lower taxes, less red tape, and strategic investment funding—supports resilience amid global uncertainty. Tips for Businesses and Traders Stay informed on sectoral tariff exemptions under USMCA Collaborate with provincial trade ministries and associations for updated compliance support. Explore export opportunities in renewable energy, EV supply chains, and advanced manufacturing. Use Ontario's support programs to mitigate liquidity and trade disruption risks. Key Takeaways Ontario accounts for roughly 40% of Canada's population and GDP, serving as the country's economic and industrial core. It remains the largest export destination for the U.S. — twice the trade volume of China and four times that of Japan or Germany. Despite tariff headwinds, sustained cooperation and policy alignment are vital for maintaining competitiveness. Ontario's trade agencies are positioning for growth in AI, quantum technology, and life sciences. Strong cross-border collaboration ensures mutual prosperity — even amid political and commercial recalibration. Participant Credits Host: Warrington Ellacott – Canadian Association of Importers and Exporters Guest: David Paterson – Ontario's Representative in Washington, D.C. Producer: Lalo Solorzano Subscribe & Follow New Canadian edition episodes periodically. Presented by Global Training Center — empowering trade professionals through expert training and compliance resources.
The Trump administration pushed forward Friday with plans to fire federal employees amid the government shutdown, directing reductions-in-force at the Departments of Health and Human Services, Education, and Housing and Urban Development, among other agencies. Prior to and during the current shutdown, the White House repeatedly threatened to lay off additional federal workers in a bid to further its efforts to shrink the size of the government. The Trump administration maintains Democrats are to blame for the shutdown, though Democrats contend that a spending bill from Republicans — who control all levers of power — wouldn't adequately fund health care. Russ Vought, the director of the Office of Management and Budget, posted on X early Friday afternoon that the “RIFs have begun,” without offering additional details. An OMB spokesperson told FedScoop the RIFs began and are “substantial.” In a preview of his discussions with Vought last week, President Donald Trump said in a post to his social media platform that they would target “Democrat Agencies,” calling them “a political SCAM.” According to a court filing from the Trump administration late Friday, at least 4,100 federal workers across eight federal agencies may have been sent RIF notices, with the bulk of the staff reductions at HHS, with 1,100 to 1,200 workers impacted, and the Department of Treasury, with 1,446 workers impacted. Deploying artificial intelligence requires taking on the right amount of risk to achieve a desired end result, a National Institute of Standards and Technology official who worked on its risk management framework for the technology said on a panel last week. While federal agencies, and particularly IT functions, are generally risk averse, risks can't entirely be avoided with AI, Martin Stanley, an AI and cybersecurity researcher at the Commerce Department standards agency, said during a FedInsider panel on “Intelligent Government” last week. Stanley said: “You have to manage risks, number one,” adding that the benefits from the technology are compelling enough that “you have to go looking to achieve those.” Stanley's comments came in response to a question about how the federal government compares to other sectors that have been doing risk management for longer, such as financial services. On that point specifically, he said the NIST AI Risk Management Framework “shares a lot of DNA” with Federal Reserve guidance on algorithmic models in financial services. He said NIST attempted to leverage those approaches and the same plain, simple language. “We talk about risks, we talk about likelihoods, and we talk about impacts, both positive and negative, so that you can build this trade space where you are taking on the right amount of risk to achieve a benefit,” Stanley said. The Daily Scoop Podcast is available every Monday-Friday afternoon. If you want to hear more of the latest from Washington, subscribe to The Daily Scoop Podcast on Apple Podcasts, Soundcloud, Spotify and YouTube.
Kinsella on Liberty Podcast, Episode 475. This is my guest lecture for Saifedean Ammous's course Principles of Austrian Economics II | ECON104 (recorded May 7, 2020, I believe), also now on Saylor Academy. Transcript and summary and other notes below. KOL441 | The Bitcoin Standard Podcast with Saifedean Ammous: Legal Foundations of a Free Society, Property Rights, Intellectual Property KOL314 | Patents vs. Bitcoin: The Bitcoin Standard Podcast (Saifedean Ammous) https://youtu.be/02wY_qL0qRU?si=HU40GGg8xu6Wfn3U GROK SUMMARY Summary of Economics 12 Seminar: Intellectual Property Discussion with Stephan Kinsella Introduction to Intellectual Property and Scarcity Timestamp: 0:01 In the ninth discussion seminar of Economics 12, Principles of Economics 2, host Saifedean Ammous introduces guest discussant Stephan Kinsella, who has written extensively on intellectual property (IP) and its justifications. The lecture focuses on Kinsella's paper, which explores the legitimacy of property rights and why IP lacks a coherent basis. Ammous highlights the core issue of scarcity: property rights manage scarce resources, but ideas, being non-scarce, cannot be owned without controlling others' bodies or property, violating individual rights. This is described as a “kill shot” to IP arguments, though other critiques are also explored. Utilitarian and Natural Rights Arguments Against IP Timestamp: 3:07 Stephan Kinsella elaborates on the incoherence of IP, arguing that information is a characteristic of owned resources, not property itself. Claiming ownership over ideas, like owning the “redness” of a ball, would absurdly grant control over others' property. He traces IP's origins to Locke's labor theory of property, which confuses action with ownership, leading to flawed justifications by Ayn Rand and others. Kinsella critiques the utilitarian argument that IP stimulates innovation, noting the U.S. Constitution's temporary monopoly grants were based on unproven assumptions. He argues that 200 years of data fail to show IP's net benefit, with studies suggesting it distorts or depresses innovation. Empirical Weaknesses and Market Failures Timestamp: 7:44 Kinsella challenges the empirical case for IP, pointing out that proponents assume a market failure in innovation without government intervention. However, studies are inconclusive or show patents hinder innovation, costing billions annually in the U.S. alone. He criticizes reports like the Commerce Department's, which claim IP-intensive industries drive GDP, for mistaking correlation with causation. Ammous adds that academic theoretical models often support IP without empirical backing, relying on simulated universes to justify claims of increased innovation, further highlighting the lack of real-world evidence. Alternative Business Models Without IP Timestamp: 19:13 Ammous argues that the assumption IP is essential for creators' income reflects limited imagination. Musicians, for instance, earn most of their income from concerts and sponsorships, not record sales, as seen with artists from local bands to superstars like Madonna. Platforms like SoundCloud and YouTube allow free music distribution, boosting popularity and concert attendance, as evidenced by Iron Maiden's use of BitTorrent data for tour planning. Authors can profit from physical books, courses, or speaking engagements. Without IP, lower legal costs would reduce prices, benefiting consumers and producers, with first-mover advantages and reputation sufficing for profitability. Trade Secrets and Regulatory Impacts Timestamp: 27:44 Kinsella discusses trade secrets as an alternative to patents, noting that patent law encourages disclosure over secrecy, undermining natural market advantages. The FDA's regulatory system exacerbates this by requiring public disclosure during drug approval, negating trade secret benefits and justifying patents. He argues that removing both systems would allow trade secre...
Biglaw capitulators face new challenge and James Comey gets indicted. ----- Perennially embattled Cooley Law School once again called out by the ABA over sagging bar passage rates. The school has been out of compliance with ABA standards since 2020, and now finds itself on probation with its accreditor. The last time something like this happened, Cooley sued the ABA into relenting. History is a flat circle. After learning that Paul Weiss and Kirkland were providing free legal services to the Commerce Department, presumably in an effort to satisfy their pro bono payola obligations, we wondered how this could possibly be legal in light of 31 U.S.C. 1342. Apparently, lawmakers wondered the same thing. And James Comey finds himself indicted after a whirlwind that involved removing the existing top federal prosecutor for refusing to file a sham case and replacing him with an in-over-her-head Florida insurance lawyer.
Biglaw capitulators face new challenge and James Comey gets indicted. ----- Perennially embattled Cooley Law School once again called out by the ABA over sagging bar passage rates. The school has been out of compliance with ABA standards since 2020, and now finds itself on probation with its accreditor. The last time something like this happened, Cooley sued the ABA into relenting. History is a flat circle. After learning that Paul Weiss and Kirkland were providing free legal services to the Commerce Department, presumably in an effort to satisfy their pro bono payola obligations, we wondered how this could possibly be legal in light of 31 U.S.C. 1342. Apparently, lawmakers wondered the same thing. And James Comey finds himself indicted after a whirlwind that involved removing the existing top federal prosecutor for refusing to file a sham case and replacing him with an in-over-her-head Florida insurance lawyer. Learn more about your ad choices. Visit megaphone.fm/adchoices
The Federal Reserve's preferred inflation gauge, the Personal Consumption Expenditures index, showed on Friday that prices increased in August, rising 0.3%, and the annual rate moved up to 2.7%. This data from the Commerce Department comes as the Federal Reserve tries to navigate the challenges of bringing inflation back down to their target of 2%, but also being mindful of what they see as a weakening job market. Meanwhile, prices for some products could cost more, too—as President Trump says he plans to impose new tariffs on imported drugs and other products. Gary Kaltbaum, President of Kaltbaum Capital Management and FOX Business Contributor, joins FOX Business's Jacki DeAngelis to give his take on the latest inflation numbers, the President's latest tariff push, and the recently announced TikTok deal. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Kevin covers the following stories: the U.S. Commerce Department's Bureau of Economic Analysis (BEA) released its third and final estimate of second-quarter Gross Domestic Product (GDP); how the various news agencies covered the final GDP estimate; the U.S. Labor Department reported the Weekly Initial Jobless Claims; how the various news agencies covered the Jobless Claims Report; August For-Higher Truck Freight Tonnage Index was released by the American Trucking Associations: Kevin has the details, digs through the data, analyzes it, puts it into historical perspective, offers his insights and opinions along the way.
The Federal Reserve's preferred inflation gauge, the Personal Consumption Expenditures index, showed on Friday that prices increased in August, rising 0.3%, and the annual rate moved up to 2.7%. This data from the Commerce Department comes as the Federal Reserve tries to navigate the challenges of bringing inflation back down to their target of 2%, but also being mindful of what they see as a weakening job market. Meanwhile, prices for some products could cost more, too—as President Trump says he plans to impose new tariffs on imported drugs and other products. Gary Kaltbaum, President of Kaltbaum Capital Management and FOX Business Contributor, joins FOX Business's Jacki DeAngelis to give his take on the latest inflation numbers, the President's latest tariff push, and the recently announced TikTok deal. Learn more about your ad choices. Visit podcastchoices.com/adchoices
The Federal Reserve's preferred inflation gauge, the Personal Consumption Expenditures index, showed on Friday that prices increased in August, rising 0.3%, and the annual rate moved up to 2.7%. This data from the Commerce Department comes as the Federal Reserve tries to navigate the challenges of bringing inflation back down to their target of 2%, but also being mindful of what they see as a weakening job market. Meanwhile, prices for some products could cost more, too—as President Trump says he plans to impose new tariffs on imported drugs and other products. Gary Kaltbaum, President of Kaltbaum Capital Management and FOX Business Contributor, joins FOX Business's Jacki DeAngelis to give his take on the latest inflation numbers, the President's latest tariff push, and the recently announced TikTok deal. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Kevin covers the following stories: the U.S. Commerce Department's Bureau of Economic Analysis (BEA) released its third and final estimate of second-quarter Gross Domestic Product (GDP); how the various news agencies covered the final GDP estimate; the U.S. Labor Department reported the Weekly Initial Jobless Claims; how the various news agencies covered the Jobless Claims Report; August For-Higher Truck Freight Tonnage Index was released by the American Trucking Associations: Kevin has the details, digs through the data, analyzes it, puts it into historical perspective, offers his insights and opinions along the way.
This Day in Legal History: Lord Haw-Haw SentencedOn September 19, 1945, William Joyce—infamously known as “Lord Haw-Haw”—was sentenced to death by a British court for high treason. Joyce had gained notoriety during World War II for broadcasting Nazi propaganda over German radio to British audiences, aiming to demoralize Allied troops and civilians. Born in Brooklyn, New York, and raised in the UK and Ireland, Joyce later became a naturalized German citizen and an enthusiastic supporter of Hitler. His broadcasts, delivered in a nasal, sneering voice, opened with the phrase “Germany calling,” and earned him the derisive nickname "Lord Haw-Haw" from British listeners.After the war, Joyce was captured by British forces in Germany and brought back to the UK to stand trial. Despite his German citizenship, the court ruled that he had committed treason because he had held a British passport when he began working for the Nazis. His legal defense argued that he owed no allegiance to Britain at the time of the broadcasts, but the court held that possession of the passport created a duty of allegiance. The case raised significant questions about the limits of national loyalty and the reach of British treason laws.On January 6, 1946, Joyce was executed by hanging at Wandsworth Prison, becoming one of the last people to be executed for treason in the UK. The trial and execution were controversial, with some legal scholars and public commentators questioning the soundness of the court's interpretation of allegiance. Nevertheless, the sentence was seen by many at the time as a necessary response to one of the most prominent domestic collaborators of the war.The National Institute for Occupational Safety and Health (NIOSH), long considered a cost-effective and critical pillar of U.S. workplace safety, has been effectively dismantled under the Trump administration's 2025 restructuring efforts. The agency, a division of the CDC responsible for certifying N95 masks, studying firefighter deaths, and leading occupational health research, saw roughly 90% of its 1,000 staff receive layoff notices on April 1. This move paralyzed core programs, from black lung screenings to PPE certifications, halting NIOSH's role as both a public safeguard and a quiet corporate consultant. The sudden cuts sparked chaos: lab animals were euthanized, crucial research was frozen, and businesses warned of safety gaps and market instability.Many affected workers have since resigned or are stuck on administrative leave, while others remain in limbo as lawsuits challenge the legality of the terminations. Despite statements from HHS Secretary Robert F. Kennedy Jr. claiming essential functions remain intact, internal confusion and partial walk-backs—like budget proposals still seeking to slash 80% of NIOSH funding—suggest deeper dismantling intentions. Business leaders, labor unions, and safety advocates have united in rare bipartisan pushback, warning of long-term risks to both worker health and industrial standards.The agency's downfall is part of a broader campaign to weaken the federal workforce, spearheaded by Project 2025 architects and executed with sweeping firings, anti-DEI mandates, and deep budget cuts across agencies. Former government scientists describe the collapse of safety infrastructure as a slow, invisible crisis—where the full damage may not emerge for years. With morale shattered and talent fleeing, the future of U.S. workplace safety research is in jeopardy.Trump Team Derailed Corporate America's Most Valuable ConsultantTwo major elements of President Donald Trump's economic agenda—his global tariffs and his attempt to remove Federal Reserve Governor Lisa Cook—are now in the hands of the U.S. Supreme Court, raising pivotal questions about the scope of presidential power. The court has agreed to hear a challenge to Trump's use of the International Emergency Economic Powers Act (IEEPA) to impose sweeping tariffs, a law traditionally used to sanction hostile foreign actors, not manage trade. Arguments are set for November 5. Separately, Trump is seeking to fire Cook, claiming misconduct; however, critics argue this is a pretext for targeting her policy views and that doing so violates the 1913 law establishing the Fed's independence.Legal scholars warn that siding with Trump in either case could dramatically expand executive authority. Trump has already tested legal boundaries across immigration, diversity, and civil service policy. While lower courts have often blocked his initiatives, the Supreme Court—now with a 6-3 conservative majority including three Trump appointees—has frequently sided with him. The Cook case raises unprecedented constitutional questions, as no president has ever removed a Fed governor.Meanwhile, Trump's tariff actions have destabilized global trade relations and spurred economic uncertainty, though his allies argue they are central to his economic strategy. A decision favoring Trump in both cases could weaken institutional checks on executive power and erode the principle of independent monetary policy.Key parts of Trump's economic agenda now in Supreme Court's hands | ReutersIn Washington, D.C., immigrant neighborhoods like Mount Pleasant, Petworth, and Columbia Heights are pushing back against a surge in Immigration and Customs Enforcement (ICE) arrests under President Donald Trump's intensified immigration enforcement campaign. Local residents have begun organizing in real-time—using chat groups and in-person protests—to disrupt ICE detentions, including a recent case where bystanders successfully pressured officers to release a Guatemalan man. These actions reflect growing distrust and fear within largely Latino communities, where residents report increased racial profiling and aggressive policing.The Trump administration's recent declaration of a “crime emergency” in D.C., coupled with the federalization of local police and a heightened ICE presence, has heightened tensions, especially in areas with deep immigrant roots. Community members and advocacy groups say people are being targeted based on appearance or location, not criminal history. Businesses that once bustled with immigrant patrons are seeing sharp declines in foot traffic, as many residents now avoid public spaces out of fear.Federal officials defend the enforcement as targeting serious offenders, but critics point out that many arrests involve individuals without criminal records. A Supreme Court ruling this month has further enabled ICE to continue race- or location-based arrests. Meanwhile, residents like Yessica Gonzalez and Nelvin Rodriguez say the climate of fear is unlike anything they've previously experienced. The increased enforcement has not only disrupted lives but also strained local economies and community trust.Washington's immigrant neighborhoods push back against ICE arrests | ReutersThe U.S. Senate has confirmed John Squires, a veteran intellectual property attorney and former Goldman Sachs executive, as the new head of the U.S. Patent and Trademark Office (USPTO) under President Donald Trump. Squires takes over at a critical time, as the agency grapples with global competition from China and emerging legal challenges surrounding artificial intelligence in the patent process. His appointment follows a broad push by Senate Republicans to confirm a slate of Trump nominees despite Democratic opposition.Squires brings a deep background in both corporate and legal arenas, having worked on IP and tech issues at firms like Honeywell and most recently at Dilworth Paxson, where he focused on AI, blockchain, and cybersecurity. He has also taught at the University of Pennsylvania. His predecessor, Kathi Vidal, led the USPTO during the Biden administration and returned to private practice following Trump's 2024 election victory.The USPTO plays a vital role in the American innovation ecosystem, handling patent and trademark applications and advising the government on intellectual property policy. The agency's Patent Trial and Appeal Board frequently mediates high-stakes disputes over patent validity, especially in the tech sector. Squires steps into the role amid heightened political scrutiny, including a controversial Commerce Department order to review patents held by Harvard University as part of a broader White House campaign linked to campus antisemitism concerns.US Senate confirms Trump's pick to run US Patent and Trademark Office | ReutersThis week's closing theme is by Gustav Mahler.This week's closing theme comes from one of the most enigmatic works in the orchestral repertoire: Mahler's Symphony No. 7, specifically its haunting first movement, Langsam – Allegro risoluto, ma non troppo. Composed between 1904 and 1905 and premiered on September 19, 1908, this symphony marks a fascinating midpoint in Mahler's artistic evolution—bridging the lush Romanticism of his earlier works with the more fractured, modernist terrain of his later symphonies.The first movement opens with a dark, slow introduction featuring the eerie voice of the tenor horn, an instrument rarely heard in symphonic writing. Its strange, searching call sets a tone of unease, as if the music is emerging from shadow. What follows is a restless march full of contrasts—grim fanfares, lyrical episodes, and bursts of uneasy energy—all presented with Mahler's characteristic sense of orchestral color and irony.Unlike the more spiritual or pastoral moods of Mahler's other symphonies, the Seventh is often described as "problematic," even "nightmarish"—a label Mahler himself rejected. He referred to the symphony as a progression “from night into day,” and this opening movement represents the beginning of that journey: turbulent, disoriented, and shot through with moments of beauty and menace.Mahler's orchestration here is dense and highly detailed, often requiring massive forces and unconventional instruments. Yet beneath its complexity lies a deep emotional current—one that shifts rapidly from the grotesque to the sublime. The movement ends not with resolution but with a kind of defiant uncertainty, a theme Mahler would continue to explore in his final works.As our closing theme this week, Langsam – Allegro reminds us that the path through darkness is rarely straightforward—and that art, like life, often resists tidy interpretation.Without further ado, Gustav Mahler's Langsam – Allegro risoluto, ma non troppo– enjoy! This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.minimumcomp.com/subscribe
Kevin covers the following stories: the Federal Reserve announced their first rate cut in 9 months; the U.S. Commerce Department reported the August Single-Family Housing Starts and Building Permits; a look at Canadian Housing Starts for comparison purposes; Washington State launches a toll route near ports; oil and gas prices react to economic news and geopolitical events; Kevin has the details, discusses the data, puts the information into historical perspective and offers his insights and an opinion or two.
Watch The X22 Report On Video No videos found (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:17532056201798502,size:[0, 0],id:"ld-9437-3289"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs");pt> Click On Picture To See Larger PictureRetail sales are rising, now that the Fed has cut rates by 25bps this will push the economy forward and the forth quarter will start to move in the direction Trump wants it to move in. Is this the rate cut Trump wants, know, remember the jobs numbers are fake and Powell is too late. Trump has setup the reset the way he wants it, revaluation of gold. The [DS] is getting prepared to bring us to war. Trump is trying to stop it and there is a report that the [DS] is preparing a [FF] in Moldova to push the war forward. Trump and team knows the playbook and this will be used against the [DS]. Reports are now coming out that Soros has been funding domestic terrorists in this country. We know that antifa will be used later on to shutdown voting. Once again playbook known. Economy Retail Sales Rose More Than Expected in August Retail sales rose 0.6% in August from July, the Commerce Department said Tuesday. That was higher than the 0.3% increase that economists polled by The Wall Street Journal had expected. The number was also up a revised 0.6% in the previous month. Source: wsj.com (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:18510697282300316,size:[0, 0],id:"ld-8599-9832"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); https://twitter.com/JoeLang51440671/status/1968155966492291567 has confirmed Stephen Miran, President Donald Trump's pick to join the Federal Reserve Board of Governors. Miran will participate in the Fed policy committee's upcoming meeting, where the board will consider whether to cut interest rates.” “Miran will also keep his White House position at the helm of the Council of Economic Advisors, but will take an unpaid leave to serve on the central bank board.” https://cnbc.com/2025/09/15/trump-stephen-miran-federal-reserve-interest-rates.html Timing a coincidence? Trump got him confirmed right before this huge FED meeting on rate cuts, that he will participate in by voting. Do you think he will vote to cut rates, like Trump has been advocating for? No doubt about it. Is that the only reason that Trump nominated him? Of course not. Did you catch that Miran is going to KEEP his position as HEAD of the White House Council of Economic Advisors? Why? Controlled demolition. Do you know Stephen Miran's background and why he is so important? Do you know why the enemy FEARS Stephen Miran? “Stephen Miran's appointment to the Federal Reserve isn't just another personnel move—it's the placement of Trump's Reset architect inside the very institution that will help carry out America's most ambitious economic overhaul in generations.” Trump's personal “RESET ARCHITECT” is now working within the FED that Trump is dismantling. Controlled Demolition. “Without getting into the weeds, Miran, the mastermind behind what's been dubbed the “Mar-a-Lago Accord,” outlined a comprehensive plan to flip the U.S. dollar's reserve status from a burden into a bargaining chip. To turn America's towering debt from an embarrassment into leverage. And to reorient the entire global economic structure in Washington's favor.” Miran is the “architect” of the “Mar A Lago Accord.” This plan, will no longer FORCE the world into more debt by propping up the “fiat” dollar. The “entire” global financial system is going to be transformed.
Kevin covers the following stories: Chris Spear, President, American Trucking Associations penned an editorial "Tax Cuts Keep Supply Chain Moving"; the U.S. Commerce Department reported August Retail Sales; CNBC/NRF (National Retail Federation) released their Retail Monitor Report; Winners and Losers from the August Retail Sales Report; the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index was released; Economic reports and Geopolitical events affecting oil and gas prices; Kevin has the details, digs through the data, puts the information into historical perspective, offers his insights and opinions.
Altcoin froth meets political theater. The team dissects World Liberty Financial's explosive debut: a $22B token backed by the Trump family, a disputed Aave partnership, insider buybacks, and a “gold paper” instead of a whitepaper. We break down Justin Sun's role, why critics call it crypto's “garbage moat,” and how WLFi could become the Thanksgiving dinner debate of 2025. Plus: Gavin Newsom's meme coin tease, GDP data going on-chain, and the CFTC reopening U.S. markets to global exchanges. Welcome to The Chopping Block – where crypto insiders Haseeb Qureshi, Tom Schmidt, Tarun Chitra, and Robert Leshner chop it up about the latest in crypto. This week, the crew dives into the wild debut of World Liberty Financial — Trump's $22B DeFi token that launched with a “gold paper,” insider allocations, and buybacks despite no product. We break down the Trump family's $5B paper fortune, the disputed Aave deal, and whether WLFi is a serious stablecoin project or just another garbage fire in crypto's moat. From Justin Sun's backing to Thanksgiving dinner debates, we unpack what WLFi means for politics, memes, and markets. Then we zoom out to Gavin Newsom's meme coin tease, the U.S. Commerce Department posting GDP on-chain, and fresh CFTC moves that could reshape crypto exchanges and ETFs. Show highlights
Kevin covers the following stories: U.S. Bureau of Economic Analysis released Personal Income and Disposable Personal Income numbers; last Friday, the U.S. Commerce Department released the Personal Consumption Expenditures Price Index, the Federal Reserve's preferred measure of inflation; Kevin points out from where the minor increase in inflation is coming, hint, it's not coming from where they have led us to believe!; Ford announces yet another recall; Kevin has the details, digs into the numbers, puts the information into historical perspective, offers his insights and opinions. Oil and gas prices react to anticipation that OPEC+, at the upcoming Sunday meeting, will not unwind remaining voluntary cuts, Saudi Aramco halting crude sales to India, Ukraine's attacks on Russia's oil-processing capacity and the recent meeting between Russia's Putin and China's Xi, the "Shanghai Cooperation Organisation."
The U.S. is stepping deeper into crypto and markets are feeling it. Powell's Jackson Hole speech warned against cutting rates too soon, while Trump's move to oust Fed Governor Lisa Cook sparked a legal fight over Fed independence. At the same time, the Commerce Department is publishing GDP data on-chain through Chainlink, and Google Cloud unveiled a new blockchain (GCUL) for institutions. Banks are lobbying against stablecoins, the U.S. is taking a 10% stake in Intel but not Nvidia, and Bitcoin faces pressure as transaction fees hit their lowest since 2011 and a whale dumped 24,000 BTC, driving the price below $110K.
We know where some of those pro bono payola hours are going. ----- Be prepared to be on the clock a lot longer at King & Spalding, where the firm has introduced a 2400 hour “productive” time target. In other words, attorneys will have to figure out how to describe 2400 hours worth of work to the firm's billing software every year. This seems to follow the overarching retreat from the work from home era, which also made news this week with a firm announcing a new office mandate… but just for some associates. Justice Jackson drew upon a generational touchstone to succinctly describe the Supreme Court majority's jurisprudence. And a pair of the spineless firms are providing free legal services to the Commerce Department.
On this Monday edition of Sid & Friends in the Morning, Sid touches on the political stances of public servants against power grabs in Texas, controversial remapping by the New York Democratic legislature in year's past, and allegations against Harvard by the Commerce Department. He touches on the Gaza conflict, a planned meeting between President Trump and Vladimir Putin regarding the Ukraine war, and the New York City mayoral race. Sid also shares personal anecdotes from attending a New Jersey rally organized by Scott Presler and mentions the various people he met and spoke with, before he transitions into sports commentary, particularly criticizing the manager discussions in baseball, the struggles of the Yankees and Mets. Brian Kilmeade, Siggy Flicker, Curtis Sliwa, John Catsimatidis, K.T. McFarland & Brandon Straka join the program on this Monday installment of Sid & Friends in the Morning. Learn more about your ad choices. Visit megaphone.fm/adchoices
The Rich Zeoli Show- Hour 3: 5:05pm- Dr. Michael Busler— Professor of Finance and Finance Program Chair at Stockton University & Newsmax Contributor—joins The Rich Zeoli Show to discuss the Commerce Department's report indicating that U.S. gross domestic product (GDP) grew by 3% in the second quarter. 5:20pm- While appearing on Theo Vons podcast, Open AI CEO Sam Altman revealed that people are using ChatGPT like a therapist—which emphasizes the need for new laws to protect user privacy and chat histories. 5:25pm- On Tuesday, the king of grandstanding Sen. Cory Booker (D-NJ) delivered a fiery speech from the Senate floor saying that Democrats “need a wake-up call”—and screaming that no one should “question” his “integrity.” But even Morning Joe isn't buying his over-the-top antics any longer. 5:30pm- Jimmy Failla—Fox News Host & Author of Cancel Culture Dictionary—joins The Rich Zeoli Show to discuss the far-left melting down over Sydney Sweeney's new American Eagle advertisement. Have Democrats declared war on boobs??? Failla will be performing at SoulJoel's in Montgomery County, PA on August 9th. You can find information about tickets here: https://radio.foxnews.com/fox-news-talk/fox-across-america-with-jimmy-failla/.
The Rich Zeoli Show- Full Episode (07/30/2025): 3:05pm- On Wednesday, the Commerce Department released a report indicating that U.S. gross domestic product (GDP) grew by 3% in the second quarter—beating economic forecasts and rebounding from the first quarter's economic contraction. 3:15pm- Former Vice President Kamala Harris announces she will not run for Governor of California in 2026. 3:30pm A new American Eagle clothing advertisement features Hollywood star Sydney Sweeney bragging about her “great jeans.” Far-left social media users, however, are ridiculously saying that the commercial is secretly promoting eugenics—insisting the ad's “great jeans” line really means “great genes.” Now Dunkin Donuts has released a commercial in response to the Sweeney advertisement—mocking the far-left's outrage. 3:40pm- Does anyone in the audience want to see a video of Rep. Eric Swalwell lifting weights? NOPE! 3:50pm- On Wednesday, New York City mayoral candidate Zohran Mamdani held a press conference to address the mass shooting in Manhattan earlier this week. Mamdani was notably asked about his previous calls to defund the NYC police. 4:05pm- Brian Morgenstern—Head of Public Policy at Riot Platforms & former Trump Administration Official—joins The Rich Zeoli Show to discuss Treasury Secretary Scott Bessent's pledge to make America a “crypto superpower.” 4:30pm- Which TV shows and movies are you watching right now? Justin is rewatching Breaking Bad, Rich is still avoiding the Snow White remake, and Matt is watching Leave It to Beaver??? 4:40pm- From the White House, President Donald Trump delivers remarks on his administration's new initiative with tech companies to help modernize data access for Medicare recipients. 4:50pm- While appearing on Theo Vons podcast, Open AI CEO Sam Altman revealed that people are using ChatGPT like a therapist—which emphasizes the need for new laws to protect user privacy and chat histories. 5:05pm- Dr. Michael Busler— Professor of Finance and Finance Program Chair at Stockton University & Newsmax Contributor—joins The Rich Zeoli Show to discuss the Commerce Department's report indicating that U.S. gross domestic product (GDP) grew by 3% in the second quarter. 5:20pm- While appearing on Theo Vons podcast, Open AI CEO Sam Altman revealed that people are using ChatGPT like a therapist—which emphasizes the need for new laws to protect user privacy and chat histories. 5:25pm- On Tuesday, the king of grandstanding Sen. Cory Booker (D-NJ) delivered a fiery speech from the Senate floor saying that Democrats “need a wake-up call”—and screaming that no one should “question” his “integrity.” But even Morning Joe isn't buying his over-the-top antics any longer. 5:30pm- Jimmy Failla—Fox News Host & Author of Cancel Culture Dictionary—joins The Rich Zeoli Show to discuss the far-left melting down over Sydney Sweeney's new American Eagle advertisement. Have Democrats declared war on boobs??? Failla will be performing at SoulJoel's in Montgomery County, PA on August 9th. You can find information about tickets here: https://radio.foxnews.com/fox-news-talk/fox-across-america-with-jimmy-failla/. 6:05pm- While appearing on Fox News, FDA Commissioner Dr. Marty Makary explained that “the food pyramid was blind to ultra-processed food” and, consequently, will be rewritten “based on science and not what food companies want.” Rich notes that a 2016 Time magazine article documents how lobbyists connected to food manufactures had an outsized say in dietary guidelines—with dietician and doctor recommendations being a secondary concern. 6:30pm- On Wednesday, President Donald Trump stated: “Nancy Pelosi became rich by having inside information.” Will members of Congress finally be banned from trading stocks? Senator Josh Hawley has sponsored a new bill, “The Honest Act,” which passed through the Senate Homeland Security and Government Affairs Committee on Wednesday.
The Rich Zeoli Show- Hour 1: 3:05pm- On Wednesday, the Commerce Department released a report indicating that U.S. gross domestic product (GDP) grew by 3% in the second quarter—beating economic forecasts and rebounding from the first quarter's economic contraction. 3:15pm- Former Vice President Kamala Harris announces she will not run for Governor of California in 2026. 3:30pm A new American Eagle clothing advertisement features Hollywood star Sydney Sweeney bragging about her “great jeans.” Far-left social media users, however, are ridiculously saying that the commercial is secretly promoting eugenics—insisting the ad's “great jeans” line really means “great genes.” Now Dunkin Donuts has released a commercial in response to the Sweeney advertisement—mocking the far-left's outrage. 3:40pm- Does anyone in the audience want to see a video of Rep. Eric Swalwell lifting weights? NOPE! 3:50pm- On Wednesday, New York City mayoral candidate Zohran Mamdani held a press conference to address the mass shooting in Manhattan earlier this week. Mamdani was notably asked about his previous calls to defund the NYC police.
The Rich Zeoli Show- Full Episode (07/30/2025): 3:05pm- On Wednesday, the Commerce Department released a report indicating that U.S. gross domestic product (GDP) grew by 3% in the second quarter—beating economic forecasts and rebounding from the first quarter's economic contraction. 3:15pm- Former Vice President Kamala Harris announces she will not run for Governor of California in 2026. 3:30pm A new American Eagle clothing advertisement features Hollywood star Sydney Sweeney bragging about her “great jeans.” Far-left social media users, however, are ridiculously saying that the commercial is secretly promoting eugenics—insisting the ad's “great jeans” line really means “great genes.” Now Dunkin Donuts has released a commercial in response to the Sweeney advertisement—mocking the far-left's outrage. 3:40pm- Does anyone in the audience want to see a video of Rep. Eric Swalwell lifting weights? NOPE! 3:50pm- On Wednesday, New York City mayoral candidate Zohran Mamdani held a press conference to address the mass shooting in Manhattan earlier this week. Mamdani was notably asked about his previous calls to defund the NYC police. 4:05pm- Brian Morgenstern—Head of Public Policy at Riot Platforms & former Trump Administration Official—joins The Rich Zeoli Show to discuss Treasury Secretary Scott Bessent's pledge to make America a “crypto superpower.” 4:30pm- Which TV shows and movies are you watching right now? Justin is rewatching Breaking Bad, Rich is still avoiding the Snow White remake, and Matt is watching Leave It to Beaver??? 4:40pm- From the White House, President Donald Trump delivers remarks on his administration's new initiative with tech companies to help modernize data access for Medicare recipients. 4:50pm- While appearing on Theo Vons podcast, Open AI CEO Sam Altman revealed that people are using ChatGPT like a therapist—which emphasizes the need for new laws to protect user privacy and chat histories. 5:05pm- Dr. Michael Busler— Professor of Finance and Finance Program Chair at Stockton University & Newsmax Contributor—joins The Rich Zeoli Show to discuss the Commerce Department's report indicating that U.S. gross domestic product (GDP) grew by 3% in the second quarter. 5:20pm- While appearing on Theo Vons podcast, Open AI CEO Sam Altman revealed that people are using ChatGPT like a therapist—which emphasizes the need for new laws to protect user privacy and chat histories. 5:25pm- On Tuesday, the king of grandstanding Sen. Cory Booker (D-NJ) delivered a fiery speech from the Senate floor saying that Democrats “need a wake-up call”—and screaming that no one should “question” his “integrity.” But even Morning Joe isn't buying his over-the-top antics any longer. 5:30pm- Jimmy Failla—Fox News Host & Author of Cancel Culture Dictionary—joins The Rich Zeoli Show to discuss the far-left melting down over Sydney Sweeney's new American Eagle advertisement. Have Democrats declared war on boobs??? Failla will be performing at SoulJoel's in Montgomery County, PA on August 9th. You can find information about tickets here: https://radio.foxnews.com/fox-news-talk/fox-across-america-with-jimmy-failla/. 6:05pm- While appearing on Fox News, FDA Commissioner Dr. Marty Makary explained that “the food pyramid was blind to ultra-processed food” and, consequently, will be rewritten “based on science and not what food companies want.” Rich notes that a 2016 Time magazine article documents how lobbyists connected to food manufactures had an outsized say in dietary guidelines—with dietician and doctor recommendations being a secondary concern. 6:30pm- On Wednesday, President Donald Trump stated: “Nancy Pelosi became rich by having inside information.” Will members of Congress finally be banned from trading stocks? Senator Josh Hawley has sponsored a new bill, “The Honest Act,” which passed through the Senate Homeland Security and Government Affairs Committee on Wednesday.
The Rich Zeoli Show- Hour 1: 3:05pm- On Wednesday, the Commerce Department released a report indicating that U.S. gross domestic product (GDP) grew by 3% in the second quarter—beating economic forecasts and rebounding from the first quarter's economic contraction. 3:15pm- Former Vice President Kamala Harris announces she will not run for Governor of California in 2026. 3:30pm A new American Eagle clothing advertisement features Hollywood star Sydney Sweeney bragging about her “great jeans.” Far-left social media users, however, are ridiculously saying that the commercial is secretly promoting eugenics—insisting the ad's “great jeans” line really means “great genes.” Now Dunkin Donuts has released a commercial in response to the Sweeney advertisement—mocking the far-left's outrage. 3:40pm- Does anyone in the audience want to see a video of Rep. Eric Swalwell lifting weights? NOPE! 3:50pm- On Wednesday, New York City mayoral candidate Zohran Mamdani held a press conference to address the mass shooting in Manhattan earlier this week. Mamdani was notably asked about his previous calls to defund the NYC police.
The Rich Zeoli Show- Hour 3: 5:05pm- Dr. Michael Busler— Professor of Finance and Finance Program Chair at Stockton University & Newsmax Contributor—joins The Rich Zeoli Show to discuss the Commerce Department's report indicating that U.S. gross domestic product (GDP) grew by 3% in the second quarter. 5:20pm- While appearing on Theo Vons podcast, Open AI CEO Sam Altman revealed that people are using ChatGPT like a therapist—which emphasizes the need for new laws to protect user privacy and chat histories. 5:25pm- On Tuesday, the king of grandstanding Sen. Cory Booker (D-NJ) delivered a fiery speech from the Senate floor saying that Democrats “need a wake-up call”—and screaming that no one should “question” his “integrity.” But even Morning Joe isn't buying his over-the-top antics any longer. 5:30pm- Jimmy Failla—Fox News Host & Author of Cancel Culture Dictionary—joins The Rich Zeoli Show to discuss the far-left melting down over Sydney Sweeney's new American Eagle advertisement. Have Democrats declared war on boobs??? Failla will be performing at SoulJoel's in Montgomery County, PA on August 9th. You can find information about tickets here: https://radio.foxnews.com/fox-news-talk/fox-across-america-with-jimmy-failla/.
Government data is at risk. Federal funding for the main statistical agencies, like the Bureau of Labor Statistics and the Commerce Department, has been tight for years. But since the Trump administration took office, threats to the availability and comprehensiveness of federal data have reached a whole new level — impacting everything from national health and crime statistics to key economic reports. We'll learn about the impacts. But first: a look at what's in the U.S. trade deal with the European Union.
In this episode of The President's Daily Brief: China imposes exit bans on a U.S. Commerce Department official and a Wells Fargo banker, a provocative escalation in its standoff with Washington. Stephen Yates from the Heritage Foundation joins us to explain what Beijing's move signals—and what the U.S. response could be. Shocking reports out of Syria as government forces under interim president Al-Jolani are accused of massacring over 1,100 Druze civilians. Israeli-Druze journalist and former Knesset member Gadeer Mreeh shares her perspective on the targeted violence—and why Israel chose to intervene. To listen to the show ad-free, become a premium member of The President's Daily Brief by visiting PDBPremium.com. Please remember to subscribe if you enjoyed this episode of The President's Daily Brief. YouTube: youtube.com/@presidentsdailybrief DeleteMe: Visit https://joindeleteme.com/BRIEF & Get 20% off your DeleteMe plan. American Financing: Call American Financing today to find out how customers are saving an avg of $800/mo. 866-885-1881 or visit https://www.AmericanFinancing.net/PDB - NMLS 182334, https://nmlsconsumeraccess.org TriTails Premium Beef: Visit https://trybeef.com/pdb & get $10 off 20 Lbs Ground Beef Special Learn more about your ad choices. Visit megaphone.fm/adchoices
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