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Business - Page 68

2025-08-09

Lawmakers urge Meta to shut down Instagram Map: "abysmal" at protecting children - Axios

Lawmakers urge Meta to shut down Instagram Map: "abysmal" at protecting children AxiosWhat is Instagram map? How to turn location feature on and off USA TodayWhy People Are Freaking About Instagram’s New Maps Feature—and How To Turn It Off VICESenators urge Meta to roll back Instagram Map feature that sparked uproar NBC NewsWhat to Know About Instagram Map, Location Sharing and Privacy Concerns The New York Times

Quavo's AI-Powered Platform Grabs $300M To Combat Mounting Financial Fraud
2025-08-09

Quavo's AI-Powered Platform Grabs $300M To Combat Mounting Financial Fraud

Fraud and dispute management provider Quavo has secured $300 million from private investment firm Spectrum Equity. At the same time, prior investor FINTOP Capital is selling its stake. Significant shareholders after the departure will include Pegasystems and four executives who founded the company. The Wilmington, Delaware fintech sells software-as-a-service products that "automate and manage fraud and dispute management for financial institutions." According to the company, it processes over 12.5 million customer disputes annually for a broad spectrum of financial institutions, including global issuers, credit unions and regional banks, and says its revenue has grown 60% annually since 2022 and 100% in the last year.Don't Miss:The same firms that backed Uber, Venmo and eBay are investing in this pre-IPO company disrupting a $1.8T market — and you can too at just $2.90/share.Accredited Investors: Grab Pre-IPO Shares of the AI Company Powering Hasbro, Sephora & MGM—Secure $0.63 Shares Before 8/14 The capital infusion follows an initial seed round in 2020 and three Series A rounds between 2021 and 2023, totaling $11 million. Actual cash raised in the seed round was not undisclosed. "Quavo is uniquely positioned to drive automation benefits and better outcomes in ...Full story available on Benzinga.com

4 Top Presale Coins to Buy Now: Cold Wallet, Bitcoin Hyper, TOKEN6900, & Snorter!
2025-08-09

4 Top Presale Coins to Buy Now: Cold Wallet, Bitcoin Hyper, TOKEN6900, & Snorter!

Discover top presale coins to buy now like Cold Wallet, Bitcoin Hyper, TOKEN6900, and Snorter, each offering real-world utility, reward systems, and strong growth potential.

Best VPNs for Amazon Prime Video in 2025
2025-08-09

Best VPNs for Amazon Prime Video in 2025

Find out which VPNs work with Amazon Prime Video in 2025. Access more shows and movies from any country through the best VPNs like NordVPN, ExpressVPN, Surfshark, and more.

120 Million Square Feet: Store Closings In The US Are On Pace To Set A New Record High In 2025
2025-08-09

120 Million Square Feet: Store Closings In The US Are On Pace To Set A New Record High In 2025

120 Million Square Feet: Store Closings In The US Are On Pace To Set A New Record High In 2025 Authored by Michael Snyder via The Economic Collapse blog,If everything is going to be just fine, why are thousands of stores closing all over the country? So far this year, the total amount of retail space that has been permanently closed has surpassed 120 million square feet. We have never seen anything like this before. Store closings spiked during the early days of the pandemic, but in 2025 stores are being permanently shuttered at an even faster pace. In fact, during the first six months of this year 5,822 store closures were recorded...Store closures across the U.S. continue to rise, and remain on track to far significantly surpass both new openings and the figures seen in 2024.According to a new report from research and advisory firm Coresight Research, cited by CoStar News, 5,822 store closures were recorded as of June 27, compared to 3,496 closures announced during the same period of 2024.If stores continue to close at this rate, we will break the old record that was established during the pandemic by a wide margin.We are also being told that the total amount of retail space that has been permanently shuttered in 2025 has reached a staggering 120 million square feet...In June, store closings by Plano, Texas-based home goods seller At Home and Philadelphia-based pharmacy chain Rite Aid, which have both filed for Chapter 11 bankruptcy protection, “pushed the total amount of retail space to close in the U.S. this year to over 120 million square feet,” Coresight said. The real estate churn is happening “as cyclical impacts confront structural shifts,” according to one executive at the research firm.Wow.You may have noticed that there are an increasing number of abandoned buildings in your particular area.Sadly, this is just the beginning.Consumers are under more financial stress than we have ever seen, and that has resulted in a substantial decline in store traffic...Many of the retail store closures are a result of declining store traffic as more consumers respond to inflation by reducing spending. There also are more consumers turning to online shopping especially for apparel, accessories and household items. The winner is not merely Amazon but increased competition from Temu and Shein marketplaces and social commerce outlets like TikTok.Needless to say, more stores are being closed down with each passing day.After filing for Chapter 11 bankruptcy protection, Claire’s announced that it will be closing 18 more stores...Claire’s, a mall-based teen accessories retailer, has identified several locations across the country it plans to close after filing for Chapter 11 bankruptcy protection.Claire’s U.S., which operates Claire’s and Icing stores, made the filing in the U.S. Bankruptcy Court in Delaware on Wednesday. It’s the second time since 2018 the company has filed for bankruptcy.While the company says the majority of its retail stores will remain open while it “continues to explore all strategic alternatives,” Claire’s said it identified 18 stores ahead of the Aug. 6 bankruptcy filing it would close, filings show.And home goods retailer At Home just announced that it will be closing 6 more stores...The home goods retailer At Home is closing an additional six stores across the country, bringing its total closure tally to more than two dozen as it grapples with high debt and dwindling sales.The furniture and home decor retailer based in Coppell, Texas, filed for Chapter 11 bankruptcy on June 16, pointing to “broader economic and retail-specific market pressures,” in court documents. The bankruptcy filing and store closures follow several other “big box” retailers that have also significantly downsized their brick-and-mortar footprints this year, including Big Lots, Joann Fabrics, Kohl’s, JCPenney, Macy’s, and Party City.The retailer intially announced 26 store closures in June, before paring that down to 24 when it decided to keep open two stores in New Jersey and Wisconsin. The company added another six stores to the list, according to a statement by retail firm Hilco Consumer-Retail on Aug. 1, bringing the current number of stores it will shutter in the coming months to 30.We see more stories like this every single day.So what is going to happen if our economic momentum continues to take us very rapidly in the wrong direction?Earlier today, we learned that the percentage of student loans entering serious delinquency is absolutely exploding...The total amount of outstanding student loan debt was $1.64 trillion in the second quarter of 2025 after rising by $7 billion in the quarter.Additionally, the share of student loan debt entering serious delinquency, considered 90 days or more late, jumped to 12.9% at the end of June, up from 8% in March and above pre-pandemic trends that were around 9-10% from 2012 into early 2020, when the moratorium initially took effect.The American people are drowning in debt, and I expect delinquency rates of all types to continue to rise in the months ahead.We are going to see more layoffs too, and the fact that continuing claims for unemployment benefits just hit their highest level since 2021 is not a good sign at all...Recurring applications for unemployment benefits surged to the highest since November 2021, adding to recent signs that the labor market is weakening.Continuing claims, a proxy for the number of people receiving benefits, rose by 38,000 to 1.97 million in the week ended July 26, according to Labor Department data released Thursday.On top of everything else, U.S. manufacturing activity is now in contraction territory...From March to July, U.S. manufacturing activity contracted, according to the Institute for Supply Management’s monthly survey. The Manufacturing PMI last registered at 48, below the 50 score that differentiates growth and decline.The effective average tariff rate on all imported goods now stands at around roughly 18% versus 2.3% last year, the highest levels since the 1930s.We are in so much trouble.After evaluating all of the latest economic numbers that have come in, Mark Zandi has come to the conclusion that the “economy is on the precipice of recession”...Mark Zandi, chief economist at Moody’s Analytics, on Monday wrote a post on X that the “economy is on the precipice of recession” – citing the weaker-than-expected jobs report released Friday and the inflation data from the previous day that showed consumer prices rose as indicating the economy’s precarious position.“Consumer spending has flatlined, construction and manufacturing are contracting, and employment is set to fall. And with inflation on the rise, it is tough for the Fed to come to the rescue,” he wrote.It is hard to argue with him.Of course what is eventually coming is going to be so much worse than just a “recession”.As conditions deteriorate, will store closings slow down or will they speed up?The answer to that question is obvious.If there are stores in your local area that you really enjoy, I would visit them now while you still can, because they might not be there next year.* * *Michael’s new book entitled “10 Prophetic Events That Are Coming Next” is available in paperback and for the Kindle on Amazon.com, and you can subscribe to his Substack newsletter at michaeltsnyder.substack.com. Tyler DurdenSat, 08/09/2025 - 10:30

Kratos (KTOS) Jumps to New High on Higher Growth Outlook, Whopping Price Targets
2025-08-09

Kratos (KTOS) Jumps to New High on Higher Growth Outlook, Whopping Price Targets

We recently published 10 Stocks with Eye-Popping Gains; 5 Jump to New Highs. Kratos Defense & Security Solutions Inc. (NASDAQ:KTOS) is one of the best-performing stocks on Friday. Kratos Defense rallied to a new all-time high on Friday as investors cheered its higher growth outlook for full-year 2025, while taking heart from whopping price targets [...]

Gilead Sciences (GILD) Touches New Record High as 10 Analysts Turn Bullish
2025-08-09

Gilead Sciences (GILD) Touches New Record High as 10 Analysts Turn Bullish

We recently published 10 Stocks with Eye-Popping Gains; 5 Jump to New Highs. Gilead Sciences, Inc. (NASDAQ:GILD) is one of the best-performing stocks on Friday. Gilead Sciences jumped to a new all-time high on Friday as investors cheered its impressive earnings performance in the second quarter of the year, alongside bullish ratings and price targets from [...]

2025-08-09

Pomerantz Law Firm Announces the Filing of a Class Action Against Tesla, Inc. and Certain Officers – TSLA

NEW YORK, Aug. 09, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Tesla, Inc. ("Tesla" or the "Company") (NASDAQ:TSLA) and certain officers. The class action, filed in the United States District Court for the Western District of Texas, and docketed under 25-cv-01213, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Tesla securities between April 19, 2023 and June 22, 2025, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.If you are an investor who purchased or otherwise acquired Tesla securities during the Class Period, you have until October 4, 2025 to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Danielle Peyton at [email protected] or 646-581-9980 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. [Click here for information about joining the class action]Tesla designs, develops, manufactures, leases, and sells electric vehicles and autonomous driving vehicles, as well as energy generation and storage systems, in the United States ("U.S."), China, and internationally. The Company offers certain advanced driver assist systems in its vehicles under its Autopilot and Full Self-Driving (Supervised) options which purportedly "intelligently and accurately complete[] driving maneuvers for you [i.e., the driver], including route navigation, steering, ...Full story available on Benzinga.com

Peloton Interactive (PTON) Rallies to New High on Earnings Beat, Higher Price Targets
2025-08-09

Peloton Interactive (PTON) Rallies to New High on Earnings Beat, Higher Price Targets

We recently published 10 Stocks with Eye-Popping Gains; 5 Jump to New Highs. Peloton Interactive, Inc. (NASDAQ:PTON) is one of the best-performing stocks on Friday. Peloton Interactive rallied for a second day on Friday, jumping 10.27 percent to close at $7.84 apiece, as investors cheered its earnings beat for the full fiscal year of 2025, alongside [...]

2025-08-09

Pomerantz Law Firm Announces the Filing of a Class Action Against iRobot Corporation and Certain Officers – IRBT

NEW YORK, Aug. 09, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against iRobot Corporation ("iRobot" or the "Company") (NASDAQ:IRBT) and certain officers. The class action, filed in the United States District Court for the Southern District of New York, and docketed under 25-cv-05563, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired iRobot securities between January 29, 2024 and March 11, 2025, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.If you are an investor who purchased or otherwise acquired iRobot securities during the Class Period, you have until September 5, 2025, to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Danielle Peyton at [email protected] or 646-581-9980 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. [Click here for information about joining the class action]iRobot designs, builds, and sells robots and home innovation products in the United States, Europe, the Middle East, Africa, Japan, and internationally. The Company's portfolio of home robots and smart home devices features proprietary technologies for the connected home and advanced concepts in cleaning, mapping and navigation. iRobot is primarily known for its robot vacuum cleaner ("RVC") products sold under the "Roomba" brand name.While iRobot's Roomba was the first commercially successful RVC, iRobot's business has steadily declined over the past decade, apart from a brief sales bump during the COVID-19 pandemic. Competitors from China undercut the luxury-priced Roomba, while other consumer electronics firms like Samsung and SharkNinja introduced their own RVCs. By 2016, iRobot's market share had dropped to 64% in 2016, and then to only 46% by 2020. Investors believed that iRobot was saved when, in August 2022, iRobot entered into a merger agreement with Amazon.com, Inc. ("Amazon") pursuant to which Amazon would acquire iRobot for $61 per share in an all-cash transaction valued at approximately $1.7 billion (the "Amazon Acquisition"). In a joint press release announcing the Amazon Acquisition, iRobot's ...Full story available on Benzinga.com

Tripadvisor (TRIP) Jumps to New High as Earnings Impress, Analysts Go Bullish
2025-08-09

Tripadvisor (TRIP) Jumps to New High as Earnings Impress, Analysts Go Bullish

We recently published 10 Stocks with Eye-Popping Gains; 5 Jump to New Highs. Tripadvisor, Inc. (NASDAQ:TRIP) is one of the best-performing stocks on Friday. Tripadvisor touched a new all-time high on Friday as investors gobbled up shares following an impressive earnings performance and two analysts’ reaffirmation of their bullish stance on the stock. In intra-day trading, [...]

Doximity (DOCS) Soars 14% on Strong Earnings, Merger with AI-Powered Platform
2025-08-09

Doximity (DOCS) Soars 14% on Strong Earnings, Merger with AI-Powered Platform

We recently published 10 Stocks with Eye-Popping Gains; 5 Jump to New Highs. Doximity Inc. (NYSE:DOCS) is one of the best-performing stocks on Friday. Doximity Inc. extended its winning streak to a third consecutive day on Friday, jumping 13.71 percent to close at $66.58 apiece as investors continued to load up positions following a strong [...]

Bitmine (BMNR) Soars 24% on Easy $423-Million Unrealized Gain From ETH’s Jump to $4K Level
2025-08-09

Bitmine (BMNR) Soars 24% on Easy $423-Million Unrealized Gain From ETH’s Jump to $4K Level

We recently published 10 Stocks with Eye-Popping Gains; 5 Jump to New Highs. Bitmine Immersion Technologies, Inc. (NYSEAmerican:BMNR) is one of the best-performing stocks on Friday. Bitmine Immersion extended its winning streak to a fourth consecutive day on Friday, soaring 24.59 percent to close at $51.43 apiece, as investors gobbled up shares following Ethereum’s rally past [...]

2025-08-09

AP Business SummaryBrief at 10:12 a.m. EDT

Whitmer told Trump in private that Michigan auto jobs depend on a tariff change of course

SoundHound AI (SOUN) Surges 26.4% on Strong Earnings, Higher Growth Outlook
2025-08-09

SoundHound AI (SOUN) Surges 26.4% on Strong Earnings, Higher Growth Outlook

We recently published 10 Stocks with Eye-Popping Gains; 5 Jump to New Highs. SoundHound AI, Inc. (NASDAQ:SOUN) is one of the best-performing stocks on Friday. SoundHound AI snapped a two-day losing streak on Friday, soaring 26.4 percent to close at $13.55 apiece as investor sentiment was boosted by its strong earnings performance and higher growth outlook [...]

China’s Inflation Resilient but Producer Prices Hint at Deflation
2025-08-09

China’s Inflation Resilient but Producer Prices Hint at Deflation

Trade hopes may outweigh soft inflation data as markets eye August 15 economic releases.

West Side barbershop to close its doors after 2 years
2025-08-09

West Side barbershop to close its doors after 2 years

The barbershop is working with clients regarding previously booked appointments.

Trump demands $1bn from University of California over UCLA protests
2025-08-09

Trump demands $1bn from University of California over UCLA protests

President Donald Trump demanded a massive $1 billion fine from the prestigious University of California system on Friday as the administration pushed its claims of antisemitism in UCLA's response to 2024 student protests related to Gaza.

Nvidia's $8 Billion Loss May Be Averted As US Approves H20 Chip Exports To China Amid Trad Tensions: Report
2025-08-09

Nvidia's $8 Billion Loss May Be Averted As US Approves H20 Chip Exports To China Amid Trad Tensions: Report

Nvidia Corporation's (NASDAQ:NVDA) plans to ship its H20 artificial intelligence chips to China have received a significant boost, as the U.S. Commerce Department has reportedly granted the company licenses to resume exports, potentially preventing an $8 billion loss.Nvidia Wins Key Export Licenses For H20 Chips To ChinaOn Friday, Nvidia overcame a major hurdle after the U.S. granted it export licenses to resume shipments of its H20 graphics processing units (GPUs) to China, reported Reuters.This decision followed a reversal of the previous ban imposed in April due to U.S. export controls targeting China's AI and defense technology sectors. Nvidia had tailored its H20 chip specifically for the Chinese market to comply with these restrictions.Also Read: WeRide And Uber Expand Robotaxi Reach In Abu DhabiFinancial Impact: Nvidia's Losses And Potential GainsThe decision is timely, as Nvidia had previously warned that the export restrictions could result in a loss of up to $8 billion ...Full story available on Benzinga.com

Heather Templeton Dill Joins Vanguard Charitable Board, Succeeding Longtime Trustee Mike Holland
2025-08-09

Heather Templeton Dill Joins Vanguard Charitable Board, Succeeding Longtime Trustee Mike Holland

MALVERN, PA — Vanguard Charitable has named Heather Templeton Dill as the newest member of its Board of Trustees, marking a significant leadership addition to the philanthropic organization. Dill, the ...

Trump-Putin Alaska Summit Set For August 15 As Market Eyes Ukraine Peace Talks
2025-08-09

Trump-Putin Alaska Summit Set For August 15 As Market Eyes Ukraine Peace Talks

President Donald Trump announced on Friday on Truth Social that he will host Russian President Vladimir Putin in Alaska on August 15, marking the first meeting between sitting U.S. and Russian presidents since June 2021.What Happened: “The highly anticipated meeting between myself, as President of the United States of America, and President Vladimir Putin, of Russia, will take place next Friday, August 15, 2025, in the Great State of Alaska,” Trump wrote.🚨 pic.twitter.com/ClTl6TjL0S— Rapid Response 47 (@RapidResponse47) August ...Full story available on Benzinga.com

Transpacific shipping rates hold steady as tariff uncertainty keeps importers on the sidelines
2025-08-09

Transpacific shipping rates hold steady as tariff uncertainty keeps importers on the sidelines

Freight Right Global Logistics reports transpacific shipping rates remain steady amid tariff uncertainties, maintaining 2024 levels as importers hesitate.The post Transpacific shipping rates hold steady as tariff uncertainty keeps importers on the sidelines appeared first on News-Press NOW.

Our View: Water rates are rising — and the city needs to help us understand why
2025-08-09

Our View: Water rates are rising — and the city needs to help us understand why

Another water rate increase is coming to Lake Havasu City this September. It’s part of a five-year plan to raise money for critical repairs and upgrades to our water and sewer systems. These systems are old, expensive to maintain, and...

John Deere is investing $20B in the US, and here are the details
2025-08-09

John Deere is investing $20B in the US, and here are the details

John Deere plans a $20 billion investment in the U.S. over the next 10 years, emphasizing advanced manufacturing, innovative technologies and product development.

2025-08-09

ThinkCareBelieve: Week 29 of America's Shining Success with President Trump at the Helm

Washington, DC, Aug. 08, 2025 (GLOBE NEWSWIRE) -- Link to ThinkCareBelieve's Article: https://thinkcarebelieve.blog/2025/08/08/week-29-of-americas-shining-success/ThinkCareBelieve has published an article on Week 29 of the Shining Success of America with President Trump at the helm. In this the first 200 days in office, President Trump and his great team have achieved wonderful things. The numbers are out. This week, a report from Stephen Moore, a senior visiting fellow in economics at The Heritage Foundation, presented the unpublished new census bureau data for the first time in the Oval Office with President Trump. The data divided Americans into three groups: lower income (bottom 25% of earners), middle income (middle 50%), and upper income (top 25%). The data shows that all income groups of American families did better during President Trump's first term. The group benefitted the least, but still benefitted, was those in the highest income bracket. This week in the article, culminated in a wonderful Trilateral Peace Agreement between the Armenian Prime Minister Nikol Pashinyan and Azerbaijani President Ilham Aliyev ending more than 30 years of conflict. They are both looking forward to the opportunities that peace will bring their people loaded with possibilities and promise of a brighter future. President Trump says that these two leaders will go down in history as great leaders, and they feel that in 6 months in office, President Trump made miracles happen. Both Presidents will submit a joint nomination to the Nobel Prize Committee for President Trump to be given the Nobel Peace Prize. POTUS said he is interested in saving lives. The Russia~Ukraine War could have been a world war if the Trump Administration had not come into power. When you save lives, you really end up having a peaceful world. He told us to look for an announcement soon about where the meeting with Russia and Ukraine will take place, and ...Full story available on Benzinga.com

Texas Ag Commissioner tours East Texas Beef Processors Frankston facility
2025-08-09

Texas Ag Commissioner tours East Texas Beef Processors Frankston facility

Texas Ag Commissioner Sid Miller visited East Texas Beef Processors in Frankston Wednesday as part of his department's ongoing commitment to supporting Texas producers.

2025-08-09

OpenAI fans plead case to Sam Altman for GPT-4o's return - Business Insider

OpenAI fans plead case to Sam Altman for GPT-4o's return Business InsiderGPT-5 is here OpenAIThe New ChatGPT Resets the AI Race The AtlanticOpenAI’s latest step towards advanced artificial intelligence The EconomistSam Altman says some users want ChatGPT to be a 'yes man' because they've never had anyone support them before Business Insider

Walmart to pay $5.6 million to settle lawsuit alleging California shoppers were overcharged
2025-08-09

Walmart to pay $5.6 million to settle lawsuit alleging California shoppers were overcharged

Walmart has agreed to pay $5.6 million to settle a lawsuit filed by the Santa Clara County District Attorney's Office, alleging that the retail giant overcharged customers for prices that were higher than their advertised price, according to a news release from the district attorney's office.

Pinterest CEO Says Consumers Benefit From AI-Powered Tools
2025-08-09

Pinterest CEO Says Consumers Benefit From AI-Powered Tools

Pinterest CEO Bill Ready said Friday (Aug. 8) that it will be some time before consumers are ready to let artificial intelligence (AI) agents do their shopping for them, but that Pinterest is providing AI-powered tools that will “meet the user where they are” in the meantime. [contact-form-7] Speaking during the company’s quarterly earnings call, and [...]The post Pinterest CEO Says Consumers Benefit From AI-Powered Tools appeared first on PYMNTS.com.

Anbio Biotechnology Responds to Global Outbreaks with Chikungunya Rapid Test and New 15-Minute ...
2025-08-09

Anbio Biotechnology Responds to Global Outbreaks with Chikungunya Rapid Test and New 15-Minute ...

FRANKFURT, Germany, Aug. 08, 2025 (GLOBE NEWSWIRE) -- In response to recent outbreaks of Chikungunya fever, Anbio Biotechnology has announced the launch of its Chikungunya IgM/IgG Rapid Test, offering clinicians and public health authorities a fast, accessible diagnostic tool at...

Disney's settlement with 'Mandalorian' actor Gina Carano isn't capitulation. Firing her was
2025-08-09

Disney's settlement with 'Mandalorian' actor Gina Carano isn't capitulation. Firing her was

Disney's settlement with Gina Carano is not an indictment of 'cancel culture' or another example of corporate capitulation. It was simply the right thing to do.

Mega Millions winning numbers for Aug. 8: $166 million jackpot
2025-08-09

Mega Millions winning numbers for Aug. 8: $166 million jackpot

Did you play the Mega Millions? Check your winning numbers for the drawing on Friday, Aug. 8, 2025.

Understanding Cash Collateral and DIP Financing Orders
2025-08-09

Understanding Cash Collateral and DIP Financing Orders

When a business files for Chapter 11, it doesn’t stop needing cash. In fact, its need for cash becomes even more pressing and complicated, which is why on the first day of a bankruptcy case, debtors often seek interim approval to use cash collateral or obtain debtor-in-possession (DIP) financing.While these initial arrangements in a bankruptcy petition’s early days can include terms that are later revisited once a creditors’committee is formed and the US Trustee gets involved, cash collateral and debtor-in-possession (DIP) financing orders are powerful tools that can keep a distressed company alive while its stakeholders sort out who gets paid what and when.What Is Cash Collateral?‘Cash collateral’ is more than cold, hard cash. Section 363(a) of the Bankruptcy Code defines ‘cash collateral’ as including assets like:Deposit accountsProceeds from inventoryRents and profits from income-producing propertiesReceivablesHotel feesSecured creditors have liens that attach to bank... Read the complete article here...© Copyright 2025 Financial Poise

International Conference on Applied Science, Engineering and Technology
2025-08-09

International Conference on Applied Science, Engineering and Technology

Pages Conferences cordially invites you to its International Conference on Applied Science, Engineering and Technology (ICASET2025), a premier event focusing on the [...]The post International Conference on Applied Science, Engineering and Technology appeared first on Canadian Mining Journal.

2025-08-09

First National Bank Alaska announces unaudited results for second quarter 2025

ANCHORAGE, Alaska, Aug. 08, 2025 (GLOBE NEWSWIRE) -- First National Bank Alaska's (OTCQX:FBAK) net income for the second quarter of 2025 was $18.4 million, or $5.80 per share. This compares to a net income of $15.6 million, or $4.94 per share, for the same period in 2024."Return on Assets is 1.46% at June 30, 2025, showing improvement over each of the last five quarters," said First National Board Chair and CEO/President Betsy Lawer. "The bank's net interest margin of 3.69% reflects the execution of new high-quality loans and, combined with diligent expense management, has our second quarter net income demonstrating the strength of the strategies developed by our board and executive management team, as well as the excellence of our 600-plus employees."Loans totaled $2.6 billion as of June 30, 2025, an increase of $200.1 million compared to June 30, 2024. Nonperforming loans were $9.8 million, 0.38% of outstanding loans, an increase of $5.1 million from June 30, 2024. The year-to-date provision for credit losses totaled $2.2 million as of June 30, 2025, compared to $1.3 million as of June 30, 2024, due to loan growth. The allowance for credit losses as of June 30, 2025 totaled $20.0 million, or 0.77% of total loans.Total interest and loan fee income in the second quarter was $57.0 million, a 0.7% increase from $56.6 million compared to the second quarter of 2024. Interest and fees on loans increased $4.0 million while interest and dividends on investment securities decreased $2.9 million for quarter ending June 30, 2025 compared to June 30, 2024 on asset mix change year-over-year. Interest income to average earning assets increased to 4.67% compared to 4.40% as of June 30, 2024.Assets totaled $4.9 billion as of June 30, 2025, decreasing $192.3 million compared to June 30, 2024, primarily due to the repayments under the Federal Reserve Bank Term Funding Program during 2024. Return on assets as of June 30, 2025, increased to 1.46%, thirty-eight basis points higher than June 30, 2024, due to strong net income performance during 2025.Total interest expense for the second quarter was $11.8 million, down $4.7 million from $16.5 million compared to the second quarter of 2024, and includes $3.8 million interest incurred on borrowed funds in 2024. Deposits and repurchase agreements totaled $4.3 billion on both June 30, 2025 and June 30, 2024, with corresponding interest expense declining $0.9 million for the second quarter June 30, 2025 as compared to June 30, 2024. Interest expense to average earning assets decreased to ninety-eight basis points compared to 1.42% as of June 30, 2024. Net interest margin through June 30, 2025, was 3.69% compared to 2.98% for June 30, 2024.Noninterest operating income for second quarter 2025 was $7.4 million, and remains consistent with second quarter 2024. Noninterest expenses for second quarter 2025 increased $1.4 million compared to the same period in 2024, primarily due to an increase in salaries and benefits driven by the rising cost of health care. The efficiency ratio for June 30, 2025, was 50.58% and remains better than First National's peer groups, both in Alaska and across the nation.Shareholders' equity was $550.1 million as of June 30, 2025, compared to $485.2 million as of June 30, 2024. This $64.9 million increase resulted from a decrease in the net unrealized loss position of the securities portfolio and net income retained in excess of dividends paid. Return on equity as of June 30, 2025 was 13.53%, compared to 12.30% as of June 30, 2024. Book value per share increased to $173.71, compared to $153.20 as of June 30, 2024. The bank's June 30, 2025 Tier 1 leverage capital ratio of 11.95% remains above well-capitalized standards.ABOUT FIRST NATIONAL BANK ALASKAAlaska's community bank since 1922, First National Bank Alaska proudly meets the financial needs of Alaskans with ATMs and 28 locations in 19 communities throughout the state, and by providing banking services to meet their needs across the nation and around the world.For more than a century, the bank has been committed to supporting the communities it serves. In 2024, for the eighth consecutive reporting period, over a span of twenty-four years, First National received an Outstanding Community Reinvestment Act performance rating from the Office of the Comptroller of the Currency.In 2025, Alaska Business readers voted First National "Best of Alaska Business" in the Best Place to Work category for the 10th year in a row, Best Bank/Credit Union for the fifth time, and Best Customer Service for the second year in a row. That year, Forbes also selected First National as the sixth best bank on their America's Best Banks list and one of the top two Banks in the State, and Newsweek recognized the bank as one of the nation's Best Regional Banks and Credit Unions. The bank was also voted "Best of Alaska" in 2024 in the Anchorage Daily News awards, ranking as one of the top three in the Bank/Financial category for the sixth year in a row. American Banker again recognized First National as a "Best Bank to Work For" in 2024, for the seventh consecutive year.First National Bank Alaska is a Member FDIC, Equal Housing Lender, and recognized as a Minority Depository Institution by the Office of the Comptroller of the Currency, as it is majority-owned by women.Contact Corporate Communications907-777-3409 Financial Overview (Unaudited)Quarter Ended ($ in thousands) 6/30/20253/31/202512/31/20249/30/20246/30/2024 Balance Sheet Total Assets$4,923,803 $4,890,081 $4,997,767 $5,557,306 $5,116,066 Total Securities$1,859,645 $1,882,332 $1,928,625 $2,602,519 $2,197,788 Total Loans$2,591,713 $2,607,081 $2,469,935 $2,445,596 $2,391,593 Total Deposits$3,586,204 $3,580,147 $3,679,155 $3,728,181 $3,698,631 Repurchase Agreements$731,808 $716,908 $743,193 $647,043 $615,096 Total Deposits and Repurchase Agreements$4,318,012 $4,297,055 $4,422,348 $4,375,224 $4,313,727 Total Borrowing under the Federal Reserve Bank Term Funding Program$- $- $- $249,868 $249,868 Unrealized Loss on Marketable Securities, Net of Tax$(40,193)$(49,465)$(62,985)$(52,020)$(86,857) Full story available on Benzinga.com

Sweetgreen Stock Plummets On Disappointing Q2 And Slashed Forecast
2025-08-08

Sweetgreen Stock Plummets On Disappointing Q2 And Slashed Forecast

Shares of Sweetgreen Inc (NYSE:SG) are trading sharply lower Friday morning after the company reported weaker-than-expected second-quarter results and cut its full-year revenue forecast, prompting multiple Wall Street analysts to lower their price targets.What To Know: For the second quarter, Sweetgreen announced revenue of $185.6 million, missing consensus estimates of $194.34 million. The company also reported a net loss of 20 cents per share, wider than the 11-cent loss analysts had anticipated.A key metric, same-store sales, declined by 7.6% year-over-year, a stark contrast to the 3.3% growth seen in the same period last year. CEO Jonathan Neman cited a “convergence of several headwinds, including macroeconomic pressures” and ...Full story available on Benzinga.com

SoundHound AI, Ouster, Globalstar, Doximity, JFrog And Other Big Stocks Moving Higher On Friday
2025-08-08

SoundHound AI, Ouster, Globalstar, Doximity, JFrog And Other Big Stocks Moving Higher On Friday

U.S. stocks were higher, with the Dow Jones index gaining around 200 points on Friday.Shares of SoundHound AI, Inc. (NASDAQ:SOUN) rose sharply during Friday's session after the company reported better-than-expected second-quarter financial results and raised its FY25 sales guidance above estimates.The voice AI company posted second-quarter revenue of $42.7 million, beating analyst expectations of $32.88 million and marking 217% year-over-year growth. Adjusted losses narrowed to $0.03 per share versus the $0.09 consensus estimate.SoundHound AI shares jumped 28% to $13.73 on Friday.Here are some other big stocks recording gains in today’s session.LegalZoom.com, Inc. (NASDAQ:LZ) shares jumped 40% to $11.72 after the company reported better-than-expected second-quarter financial results and issued third-quarter sales guidance above estimates.Astrana Health, Inc. (NASDAQ:ASTH) jumped 32.5% to $28.42 after the company reported better-than-expected second-quarter sales results and issued FY25 sales ...Full story available on Benzinga.com

Top Statistics on Roblox to Know
2025-08-08

Top Statistics on Roblox to Know

Roblox is evolving into a global digital hub for online gaming in 2025. Fueled by explosive user growth and increasing engagement hours through breakout titles like Snatch a Seed.

US Air Force eyes purchase of Tesla Cybertrucks ... to blow up
2025-08-08

US Air Force eyes purchase of Tesla Cybertrucks ... to blow up

Military planners say the trucks could realistically be used by adversaries in future conflicts.

XRP and Cardano Rallies Fizzle Out As Remittix Becomes The New Investors Favorite After 500% Gains
2025-08-08

XRP and Cardano Rallies Fizzle Out As Remittix Becomes The New Investors Favorite After 500% Gains

Remittix gains the spotlight as XRP and Cardano rallies lose steam, drawing crypto investors seeking fresh opportunities in cryptocurrency markets.

2025-08-08

Competitive pressures emerging for The Trade Desk, Wedbush cuts rating - Yahoo Finance

Competitive pressures emerging for The Trade Desk, Wedbush cuts rating Yahoo FinanceTrade Desk Stock Crashes 38% After Earnings. What’s Causing the Selloff. Barron'sTrade Desk tanks almost 40% on CFO departure, tariff concerns and competition from Amazon CNBCTrade Desk Sentiment Collapses as Specter of Amazon Looms Bloomberg.comTrade Desk’s stock may see its worst drop ever, and analysts wonder if Amazon is to blame MarketWatch

Water slide breaks on Royal Caribbean cruise ship, injuring passenger
2025-08-08

Water slide breaks on Royal Caribbean cruise ship, injuring passenger

A broken section of a water slide on Royal Caribbean's Icon of the Seas injured a passenger on Thursday, according to the cruise line.

2025-08-08

5 things to know as first Bed Bath & Beyond Home opens today - MLive.com

5 things to know as first Bed Bath & Beyond Home opens today MLive.comBed Bath & Beyond relaunches with first store in Nashville, plans dozens more CNBCBed Bath & Beyond opening store with new name, honoring old coupons USA TodayNew Bed Bath & Beyond store opens in Nashville, Tennessee, nearly 2 years after company closed all stores ABC7 Chicago‘A surreal moment’: Bed Bath & Beyond to bounce back with new name in Brentwood WKRN News 2

More Canadians are counting on their homes to finance retirement: Dale Jackson
2025-08-08

More Canadians are counting on their homes to finance retirement: Dale Jackson

A recent survey from the Healthcare of Ontario Pension Plan (HOOP) shows the family home has become a growing part of Canadian retirement plans.

Before Intel, which CEOs drew Trump’s ire?
2025-08-08

Before Intel, which CEOs drew Trump’s ire?

Following a demand from Donald Trump that Intel’s Lip-Bu Tan resign immediately, here are are some prominent CEOs and businesses that the U.S. president has publicly criticized.

Pinterest slumps after flagging soft ad spend in major market U.S.
2025-08-08

Pinterest slumps after flagging soft ad spend in major market U.S.

Pinterest shares plunged about 15 per cent after the image-sharing platform warned of weaker ad spending in the United States, its biggest market.

The Trade Desk, SoundHound AI, Eli Lilly, Block And CrowdStrike: Why These 5 Stocks Are On Investors' Radars Today
2025-08-08

The Trade Desk, SoundHound AI, Eli Lilly, Block And CrowdStrike: Why These 5 Stocks Are On Investors' Radars Today

The U.S. stock market saw a mixed performance today, with the Nasdaq gaining over 70 points, reflecting a 0.35% increase to 21,242.70. Meanwhile, the S&P 500 fell by 0.08% to 6,340, and the Dow Jones Industrial Average experienced a decline of 0.5% to settle at 43,968.64.These are the top stocks that gained the attention of retail traders and investors throughout the day.The Trade Desk, Inc. (NASDAQ:TTD)The Trade Desk’s stock fell by 1.40%, closing at $88.33. During the day, it reached a high of $91.45 and a low of $87.44, with a 52-week range of $141.53 to $42.96. The stock plunged heavily by nearly 29% to $62.88 in the after-hours session. The drop came after the company released its second-quarter earnings, reporting 41 cents per share, aligning with analyst expectations. CEO Jeff Green said at the earnings call, “In the second quarter, starting right at the beginning of April, some of the biggest brands, particularly in sectors like auto and consumer packaged goods, which are meaningful categories for us, began to experience even greater volatility, but since ...Full story available on Benzinga.com

IGM Financial reports record Q2 earnings
2025-08-08

IGM Financial reports record Q2 earnings

IGM Financial reported record high second quarter earnings and an all-time high for assets under management and advisement. The mammoth financial services company, based in Winnipeg, counted $252.7 million in [...]

Conference boom keeps Manitoba convention facilities busy
2025-08-08

Conference boom keeps Manitoba convention facilities busy

As scores of events shift dates, Manitoba’s fall conference season — already busy with the Grey Cup — has gotten busier. Riel Dion estimates he’s seen 20 summer conferences, at [...]

2025-08-08

Trump Order Clears Way for Crypto and Private Equity in 401(k)s - The New York Times

Trump Order Clears Way for Crypto and Private Equity in 401(k)s The New York TimesTrump signs order opening way for alternative assets in 401(k)s ReutersDonald Trump reshapes investing for retirement: Executive order opens 401(k) accounts to private equity, The Times of IndiaDEMOCRATIZING ACCESS TO ALTERNATIVE ASSETS FOR 401(K) INVESTORS The White House (.gov)Trump signs order to allow crypto and real estate investments in retirement plans The Guardian

Hawaii-Asian food coming to Beloit's State Street
2025-08-08

Hawaii-Asian food coming to Beloit's State Street

BELOIT — A Hawaiian-Asian fusion restaurant that first opened in Rockford, Illinois in December, 2023 and has a second spot opening this fall in downtown Rockford will open its third location in Beloit.

Amazon & Brimstone Advance Lower-Carbon Cement Collaboration
2025-08-08

Amazon & Brimstone Advance Lower-Carbon Cement Collaboration

Amazon (NASDAQ: AMZN) and Brimstone this week announced successful results from tests of Brimstone’s lower-carbon Ordinary Portland Cement (OPC) for use in concrete construction with plans for more comprehensive testing to be conducted in 2025 and 2026. On the strength of the initial testing outcomes, Amazon has signed a commercial ... [continued]The post Amazon & Brimstone Advance Lower-Carbon Cement Collaboration appeared first on CleanTechnica.

Amsterdam OKs $450K West End properties purchase option
2025-08-08

Amsterdam OKs $450K West End properties purchase option

AMSTERDAM — A $450,000 purchase option has been authorized by the Common Council for several languishing former industrial sites on the city’s West End with developers eyeing the properties for a workforce and veteran housing project.

2025-08-08

Meta Picks Pimco, Blue Owl for $29 Billion Data Center Deal - Bloomberg.com

Meta Picks Pimco, Blue Owl for $29 Billion Data Center Deal Bloomberg.comMeta taps PIMCO, Blue Owl for $29 billion data center expansion project, source says ReutersWhy is Meta Selling US$2bn in Data Centre Assets? Data Centre MagazineMeta picks PIMCO, Blue Owl for $29 bln data center financing- Bloomberg Investing.comMeta Putting $2B In Data Center Land Up For Sale To Fund AI Infrastructure Bisnow

Chime Leans on Cost Edge to Win ‘Unhappily Banked’
2025-08-08

Chime Leans on Cost Edge to Win ‘Unhappily Banked’

Chime’s first outing as a public company was a success, and CEO Chris Britt did not hedge on ambition. He waited about 30 seconds into the company’s first earnings call to tell the audience that he wants nothing less than for Chime to become “the largest provider of primary account relationships in the U.S.” [contact-form-7] Analysts [...]The post Chime Leans on Cost Edge to Win ‘Unhappily Banked’ appeared first on PYMNTS.com.

Trump to Nominate Stephen Miran for Fed Seat Amid Push to Reshape Central Bank
2025-08-08

Trump to Nominate Stephen Miran for Fed Seat Amid Push to Reshape Central Bank

President Trump has announced his intention to nominate Stephen Miran, his close economic adviser and an outspoken Federal Reserve critic, to temporarily fill a vacant seat on the Fed's Board of Governors. The appointment, which comes amid renewed calls from Trump for deep interest rate cuts, marks another chapter in Trump's struggle for control over U.S. monetary policy. Miran is set to take over the remainder of Adriana Kugler's term, who resigned unexpectedly to return to her academic post at Georgetown University. While the term ends on January...

Instacart Shoppers Downshift to Value as AI and Merchandising Reshape Behavior
2025-08-08

Instacart Shoppers Downshift to Value as AI and Merchandising Reshape Behavior

Instacart shoppers are ordering more often — and more carefully — as digital tools reframe how value is presented and perceived on the platform. [contact-form-7] Total orders rose 17% year over year in Q2 2025, according to Instacart parent Maplebear. CEO Fidji Simo said the company is seeing “a meaningful shift in consumer behavior,” as [...]The post Instacart Shoppers Downshift to Value as AI and Merchandising Reshape Behavior appeared first on PYMNTS.com.

2025-08-08

Investing in Nevada’s Future

Nevada’s business landscape is full of innovation—and momentum. At Advantage Capital, we help that momentum grow through flexible financing solutions that support business expansion, job creation, and long-term impact. Through the Nevada New Markets Jobs Act (NMJA), we invest in growth-ready businesses that are strengthening Nevada’s economy from the ground up. Nectar Life and Goodwrx, [...]The post Investing in Nevada’s Future appeared first on Nevada Business Magazine.

Added Incentives Sweeten the Deal
2025-08-08

Added Incentives Sweeten the Deal

Timing is everything. And with the bigger incentives announced in Nevada, the moment to make energy-saving upgrades has come. See how switching to newer, more efficient tech for your business – think better lighting, AC and kitchen gear – can save you cash and energy down the road. But the key to earning the premium [...]The post Added Incentives Sweeten the Deal appeared first on Nevada Business Magazine.

2025-08-08

Inside China’s fast-fashion factories as a US trade war looms - podcast

The Guardian’s senior China correspondent, Amy Hawkins, visits factories threatened by US tariffs in Guangzhou, south China, as the deadline for a US-China trade agreement approaches with no deal yet in sightEver since Donald Trump came to power, China has been threatened by a trade war – with tariffs on its products into the US at one point set at an extraordinary 145%.In May, however, the two countries agreed to a partial truce – one that is expiring on Tuesday 12 August. Continue reading...

2025-08-08

DermRays Celebrates 13 Years of Innovation with Advanced 810nm and 1064nm Diode Laser Hair Removal Technology

PLEASANTON, Calif., Aug. 7, 2025 /PRNewswire/ -- As DermRays marks its 13th anniversary, the pioneering beauty tech brand reaffirms its commitment to delivering safe, effective, and inclusive laser hair removal solutions for all skin tones and genders worldwide. Since its inception, DermRays has revolutionized at-home hair removal with its advanced diode 810nm and 1064nm laser technology, designed to cater to a diverse global audience. Unlike traditional IPL devices limited by skin tone or hair color, DermRays' versatile laser hair removal devices are engineered to adapt ...Full story available on Benzinga.com

Vishay Intertechnology Posts Modest Q2 Growth, Signals Optimism Amid Market Recovery
2025-08-08

Vishay Intertechnology Posts Modest Q2 Growth, Signals Optimism Amid Market Recovery

MALVERN, PA — Vishay Intertechnology, Inc. (NYSE: VSH) reported second-quarter revenue of $762.3 million, marking a 7% sequential increase as both semiconductor and passive component sales saw improvement across all major ...

Cathie Wood Buys the Airbnb Dip With $21.5 Million Stock Purchase, Dumps Palantir, DraftKings And Robinhood Shares
2025-08-08

Cathie Wood Buys the Airbnb Dip With $21.5 Million Stock Purchase, Dumps Palantir, DraftKings And Robinhood Shares

On Thursday, Cathie Wood-led Ark Invest executed significant trades involving Airbnb Inc. (NASDAQ:ABNB), Robinhood Markets Inc. (NASDAQ:HOOD), Palantir Technologies Inc. (NASDAQ:PLTR), and DraftKings Inc. (NASDAQ:DKNG). These trades reflect Ark’s strategic adjustments in response to recent market developments and company-specific news.The Airbnb TradeARK Innovation ETF (BATS:ARKK), Ark Fintech Innovation ETF (BATS:ARKF), and ARK Next Generation Internet ETF (BATS:ARKW) funds collectively acquired 179,197 shares of Airbnb. The online vacation rental platform recently reported its second-quarter earnings, which included a revenue increase of 13% year-over-year, reaching $3.1 billion. However, despite exceeding analyst expectations, Airbnb’s shares fell by 8.02% to close at $120.03 due to concerns about slowing growth in the latter half of the year. The total value of Ark’s Airbnb purchase was approximately $21.5 million.The Robinhood TradeArk Invest’s ARKW fund sold 21,990 shares ...Full story available on Benzinga.com

Economic Anxiety Fuels Secondhand Luxury Boom for The RealReal
2025-08-08

Economic Anxiety Fuels Secondhand Luxury Boom for The RealReal

Online luxury consignment marketplace The RealReal’s “breakout performance” in the second quarter of 2025 signaled that discretionary spending by consumers amid economic worries remains strong. It’s one signal of how consumers are navigating uncertainty: On the day many of President Donald Trump’s global tariffs went into force, the company nudged up its full-year guidance. [contact-form-7] [...]The post Economic Anxiety Fuels Secondhand Luxury Boom for The RealReal appeared first on PYMNTS.com.

Foreign buyers are getting discounts on US homes – here's why
2025-08-08

Foreign buyers are getting discounts on US homes – here's why

Redfin Real Estate reports that foreign buyers benefit from a weaker dollar, allowing discounts on US homes while prices rise overall.The post Foreign buyers are getting discounts on US homes – here's why appeared first on News-Press NOW.

Penske 'did not authorize' DHS use of its trucks in immigration raid
2025-08-07

Penske 'did not authorize' DHS use of its trucks in immigration raid

Penske Truck Rental said Wednesday it “did not authorize” the Department of Homeland Security (DHS) to use its trucks in an immigration raid. “Penske Truck Rental is aware of recent reports and videos regarding a Department of Homeland Security (DHS) operation in Los Angeles,” Penske said in a statement posted on the social platform X....

New U.S. Tariff Rates Set to Take Effect on August 7, as Negotiations Continue
2025-08-07

New U.S. Tariff Rates Set to Take Effect on August 7, as Negotiations Continue

In recent weeks, the Trump Administration has taken a range of actions intended to significantly alter the U.S. trade landscape. Specifically, during the course of July, President Trump unveiled a series of letters to U.S. trading partners, identifying adjusted tariff rates set to take effect on August 1, 2025. Along these lines, on July 31, President Trump issued Executive Order (“EO”) 14326, formally revising the April 2 “Liberation Day” tariff rates and extending the effective date to August 7, 2025. These rates may change as Washington continues to pursue trade negotiations with the impacted countries. In addition, the White House announced a series of trade deals throughout the month of July and into August—securing framework agreements with the European Union, Japan, Indonesia, Pakistan, the Philippines, South Korea, and Vietnam. Separately, the President suspended duty-free treatment for all de minimis imports arriving in the United States, effective August 29. Tariff... Read the complete article here...© 2025 Blank Rome LLP

2025-08-07

Toronto police launch new *877 non-emergency phone number - CityNews Toronto

Toronto police launch new *877 non-emergency phone number CityNews TorontoView Full Coverage on Google News

United Airlines grounds all flights out of one of its major hubs
2025-08-07

United Airlines grounds all flights out of one of its major hubs

The glitch affected operations across the country.

Hurricane Season Is Here, & Trump’s TACO Approach Means Prediction Satellites Will Continue
2025-08-07

Hurricane Season Is Here, & Trump’s TACO Approach Means Prediction Satellites Will Continue

The National Oceanic and Atmospheric Administration (NOAA’s) outlook for the 2025 Atlantic hurricane season, which continues until November 30, predicts a 30% chance of a near-normal season, a 60% chance of an above-normal season, and a 10% chance of a below-normal season. Never daunted by perilous climate information, the Trump ... [continued]The post Hurricane Season Is Here, & Trump’s TACO Approach Means Prediction Satellites Will Continue appeared first on CleanTechnica.

2025-08-07

Evolution Wealth Advisors LLC Purchases 658 Shares of UnitedHealth Group Incorporated (NYSE:UNH)

Evolution Wealth Advisors LLC boosted its position in UnitedHealth Group Incorporated (NYSE:UNH – Free Report) by 159.3% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,071 shares of the healthcare conglomerate’s stock after purchasing an additional 658 shares during the quarter. Evolution Wealth Advisors [...]

Acquisition growth at engineering firm WSP Global delivers Q2 rise in revenue, profit
2025-08-07

Acquisition growth at engineering firm WSP Global delivers Q2 rise in revenue, profit

MONTREAL – WSP Global Inc. saw its second-quarter revenue and earnings climb as the company experienced strong acquisition growth. The Montreal-based engineering firm says its net earnings attri...

Trump’s endless new tariffs are threatening businesses — and you
2025-08-07

Trump’s endless new tariffs are threatening businesses — and you

Stop me if you've heard this one before: a new wave of tariffs are taking effect today. Announced on July 31st, the latest set of tariffs imposed by President Donald Trump on foreign imports - possibly illegally - will set a floor of 15 percent for around 40 countries with a trade deficit with the [...]

Title Resources Group Adds Accomplished Title Professional to Expand East Coast and Midwest Territories
2025-08-07

Title Resources Group Adds Accomplished Title Professional to Expand East Coast and Midwest Territories

DALLAS, Aug. 7, 2025 /PRNewswire/ -- Title Resources Group (TRG), one of the nation's leading title insurance underwriters, has appointed Janell Downing as Agency Account Manager for Ohio, New Jersey and Pennsylvania. A seasoned title professional, Downing will drive business development efforts in these territories by forming and managing relationships with title insurance agents while supporting their growth initiatives. "Janell's extensive background on both the title agency and underwriter side made her the perfect fit for this role," ...Full story available on Benzinga.com

Lubricants Market is Estimated to Reach USD 208.26 Billion by 2032, Report by SkyQuest Technology Consulting
2025-08-07

Lubricants Market is Estimated to Reach USD 208.26 Billion by 2032, Report by SkyQuest Technology Consulting

The lubricants market is anticipated to expand at a rapid pace owing to growing industrialization, and innovations in lubricant formulations around the world going forward.WESTFORD, Mass., Aug 7, 2025 /PRNewswire/ -- SkyQuest Technology Consulting published a report, titled, 'Lubricants Market - Global Opportunity Analysis and Industry Forecast, 2025-2032', valued at USD 169.6 Billion in 2024. With a projected CAGR of 2.6% from 2025 to 2032, the market is expected to reach USD 208.26 Billion by the end of 2032. Growing sales of vehicles around the world and growing emphasis on improving vehicle safety are also expected to favor the sales of lubricants in the long run.Get a Free Sample Copy - https://www.skyquestt.com/sample-request/lubricants-marketLubricants Market Key Growth DriversIncreasing vehicle production, particularly in emerging economies, raises the need for engine oils, and transmission fluids to enhance performance and longevity. Simultaneously, industrial growth across sectors such as manufacturing, mining, and construction boosts usage of lubricants for machinery efficiency and equipment protection. Rising demand for fuel efficiency, reduced emissions, and longer maintenance intervals further supports lubricant innovation.Advancements in lubricant formulations, especially the rise of synthetic and bio-based lubricants are creating new business scope for lubricant manufacturers. Synthetic lubricants offer superior thermal stability, longer service life, and improved fuel efficiency compared to traditional mineral oils. Innovations in additive technologies further enhance wear protection and corrosion resistance. These improvements are particularly attractive for high-performance engines and industrial machinery, encouraging greater adoption.Recent Developments in Lubricants MarketIn July 2024, TotalEnergies, a top name in the petroleum and energy space from France announced the launch of its new rang of eco-friendly lubricants for automotive applications. Quartz EV3R line of lubricants was launched for passenger cars and another line of lubricants called Rubia EV3R was launched for trucks.In June 2024, Castrol India, a leading supplier of automotive and industrial lubricants announced the launch of new range of high-performance lubricants under the name Castrol EDGE. New lubricants are designed to offer enhanced engine performance and engine protection.In April 2024, Ester 5 biodegradable lubricant was launched by Savsol Lubricants. The new lubricant was created sustainably with edible oil fatty acid and is completely biodegradable to comply with modern sustainability mandates.For ...Full story available on Benzinga.com

A ray of hope on housing is emerging in Washington | Matthew Yglesias
2025-08-07

A ray of hope on housing is emerging in Washington | Matthew Yglesias

Housing affordability is a key issue for the American consumer on which the Trump administration has done nothing useful. From tariffs on construction material to higher budget deficits driving up interest rates to deporting building trades workers, virtually every policy...

Amazon is selling an 'quiet, powerful' oscillating desk fan for over $100 off
2025-08-07

Amazon is selling an 'quiet, powerful' oscillating desk fan for over $100 off

"It's perfect for bedrooms, offices, or anywhere you need some extra airflow."

MarketWise Appoints Erik Mickels as Chief Operating and Financial Officer
2025-08-07

MarketWise Appoints Erik Mickels as Chief Operating and Financial Officer

BALTIMORE, Aug. 06, 2025 (GLOBE NEWSWIRE) -- MarketWise, Inc. (NASDAQ: MKTW), a leading platform for empowering and educating investors, today announced the appointment of Erik Mickels as Chief Operating and Financial Officer, effective immediately.

AP Business SummaryBrief at 10:38 p.m. EDT
2025-08-07

AP Business SummaryBrief at 10:38 p.m. EDT

Trump plans 100% tariff on computer chips, unless companies build in US

Trump to put additional 25% import taxes on India, bringing combined tariffs to 50%
2025-08-07

Trump to put additional 25% import taxes on India, bringing combined tariffs to 50%

Trump has signed an executive order to place an additional 25% tariff on India for its purchases of Russian oil. That brings the combined tariffs imposed by the United States on its ally to 50%. The tariffs would go into...

2025-08-07

United Airlines flights resume after it resolves technology glitch

As of 9:25 p.m. ET, flight tracking data from FlightAware showed that 870, or 28%, of United flights had been delayed on Wednesday.

2025-08-07

Trump's ‘100% chip tariffs’ hit Japan's giants, but Samsung and TSMC rise on U.S. bets - CNBC

Trump's ‘100% chip tariffs’ hit Japan's giants, but Samsung and TSMC rise on U.S. bets CNBCPresident Threatens New Levies on Semiconductors The New York TimesTrump announces 100 percent tariff on semiconductor imports Al JazeeraUS Futures Rise, Shrugging Off Trump’s Chip Levies: Markets Wrap Bloomberg.comTrump plans 100% tariff on computer chips, unless companies build in U.S. Yahoo Finance

The Modern Slave
2025-08-07

The Modern Slave

The Modern Slave Authored by Josh Stylman via The Brownstone Institute,“The best way to keep a prisoner from escaping is to make sure he never knows he’s in prison.” - Fyodor DostoyevskyMost people hear ‘modern slavery’ and picture trafficking victims or sweatshop workers—suffering that’s clearly visible, obviously wrong, and comfortably distant from their daily lives. What if the most effective slavery in history isn’t hidden—but public, celebrated, and defended by the very people it enslaves?I understand that comparing contemporary life to slavery will make some readers uncomfortable. That discomfort is the point. We’ve been conditioned to reserve the word ‘slavery’ for its most extreme historical forms, but slavery is fundamentally about the extraction of labor through coercion—regardless of whether that coercion is applied with whips or withholding.To be clear: I’m not minimizing the horrific brutality of historical slavery or the ongoing horrors of contemporary trafficking. Chattel slavery involved unimaginable physical cruelty, family separation, and dehumanization that scarred generations. The whip, the auction block, the chain—these were instruments of terror that reduced human beings to property through violence and degradation.I recognize that freedom and slavery exist on a spectrum. Between the plantation owner’s whip and complete autonomy lies a range of arrangements—serfdom, indentured servitude, debt bondage, and various forms of regulated participation in society. Most people would place our current system somewhere in the middle of this spectrum, arguing we have enough choices and protections to avoid the ‘slavery’ label.But consider where we actually fall: When you cannot keep the majority of your labor, cannot opt out without facing state violence, cannot choose how your extracted labor is used, and face increasing surveillance and restriction of movement—how far from the slavery end of the spectrum are we really? The question isn’t whether we’re chattel slaves, but whether we’re close enough to that end to warrant the comparison.I use ‘slavery’ not to minimize historical suffering, but to cut through the comfortable language that obscures the actual relationship. Terms like ‘social contract’ and ‘civic duty’ prevent us from examining what’s really happening. Sometimes the most uncomfortable comparisons reveal the most important truths.This isn’t about personal hardship or material deprivation. Many people living under this system—myself included—enjoy comforts that would have amazed historical royalty. The sophistication of modern control lies precisely in maintaining compliance through comfort rather than suffering. A golden cage is still a cage, and a comfortable slave is still a slave.What if the most effective slavery in history makes its subjects grateful for their subjugation?The Invisible ShacklesThe genius of contemporary slavery isn’t the whip, it’s the W-2. It’s not the chain, it’s the mortgage payment. It’s not the overseer with a gun, it’s the IRS agent with a lien.Think I’m being dramatic? Let’s examine the mechanics.You surrender 30-50% of your labor before you ever see it. If you refuse, men with guns will eventually arrive at your door. The extraction is comprehensive and inescapable: earn money, pay income tax; own property, pay property tax; spend money, pay sales tax; save money, lose to inflation tax; invest successfully, pay capital gains tax; start a business, pay for licenses; run a profitable business, pay corporate tax; give money away, pay gift tax; die with assets, pay inheritance tax. Every economic action becomes a revenue opportunity for the system that owns your labor.You can’t opt out of funding wars you oppose, surveillance systems that monitor you, or bureaucracies that regulate your choices. Your ‘property’ can be seized for unpaid taxes, even if you own it outright.Historical slaves at least knew they were enslaved. The violence was visible, the coercion obvious, the enemy identifiable. Today’s slaves are convinced they’re consumers.But here’s the real masterpiece: you’ve been convinced this is freedom.The Comfortable Cage The cage isn’t just bigger now—it’s learning. As I documented in “The Invisible Leash,” we’re witnessing the elimination of cognitive friction itself. When AI systems can predict your needs before you feel them and shape your choices before you make them, you’re not using technology—you’re being optimized by it.But the technological cage is only half the story. We’re witnessing the colonization of human biology itself.The modern slave doesn’t just surrender their labor—they surrender their cells. Your nervous system is being mapped for networking. Your DNA is being collected, stored, and potentially auctioned in bankruptcy proceedings.When 23andMe filed for bankruptcy, it left 15 million DNA samples vulnerable to creditors, while officials like Netanyahu openly announced genetic database plans and Congressman Crow warned about DNA-targeted bioweapons.When RFK, Jr. announced universal wearables within four years, the infrastructure required—regardless of stated health goals—represents the final component of comprehensive biological surveillance that creates permanent legal records for insurance companies, employers, and courts to weaponize against you.This represents the perfect synthesis of my previous investigations: “The Corporate Veil’s” legal transformation that created the framework for treating citizens as corporate assets, the technological apparatus that perfected the delivery mechanisms, and the biological colonization that provided the final substrate for control.But here’s what makes this convergence truly unprecedented: we’re witnessing the emergence of anticipatory compliance. Your smartwatch doesn’t just track your health—studies show wearables can detect conditions like Covid-19 up to 7 days before symptoms appear, while insurance companies like John Hancock offer up to 25% premium discounts based on your activity data. Your phone doesn’t just suggest routes—it knows your behavioral patterns well enough that employers are using fitness trackers to monitor employee performance and “reliability” based on movement data. Your streaming habits don’t just reflect your preferences—they shape your psychological profile in ways that determine your access to credit, housing, and employment.The modern slave isn’t just compliant—they’re predicted, pre-approved, and programmed for the life the system has chosen.The Evolution of BondageAlongside this invisible system, the old brutalities persist today. Children mine cobalt in the Congo under armed guard to power our smartphones. Human trafficking generates $150 billion annually through forced labor and sexual exploitation. Millions remain trapped in debt bondage, forced marriage, and industrial slavery that looks remarkably similar to bondage from centuries past.What makes the form of slavery I’m describing historically unique isn’t its cruelty but its invisibility. Traditional slavery—both historical and contemporary—relies on obvious coercion: if you’re owned, you know it. The master’s authority is visible, violent, and direct. Resistance means physical punishment, but at least the enemy is identifiable.The slavery of the developed world operates through what we might call the ‘white glove model’—polished, comfortable, and marketed as benefit rather than bondage. Traditional slaves are told they’re property; modern slaves are told they’re customers. Traditional slaves are controlled through fear; modern slaves through convenience. Traditional slaves are kept ignorant; modern slaves are overwhelmed with curated information that shapes their conclusions.The plantation owner never convinced his slaves that chains were jewelry. The Congolese warlord doesn’t pretend the cobalt mine is a wellness center. But we’ve been convinced that surveillance is safety, that debt is prosperity, that algorithmic control is empowerment.Traditional slavery was economically inefficient—you had to house, feed, and guard your property. Modern slavery is self-maintaining: the slaves pay for their own monitoring devices, compete for their positions, and attack anyone who suggests they’re not free.You celebrate when your smartwatch reminds you to exercise. You feel grateful when your phone suggests the fastest route. You trust algorithms to curate your news, your entertainment, your potential romantic partners.We’ve been conditioned to love our cages so thoroughly that questioning them feels like madness.The Financial DNA of ControlThe economic architecture of modern slavery operates through the systematic conversion of citizens into corporate assets. The legal frameworks established after 1871 created the foundation for treating people as revenue-generating entities rather than sovereigns, as evidenced by how your name appears in ALL CAPS on government documents—the same format used for corporate entities.This isn’t just bureaucratic formatting—it’s the paper trail of your conversion from citizen to inventory. You’re not exercising rights; you’re generating revenue for systems that process you like any other corporate asset.The financial enslavement operates through debt that can never be repaid because the ‘money’ used to pay it is itself debt. Federal Reserve notes aren’t currency—they’re IOUs in a system where every dollar represents an obligation to private banks. You’re trying to pay off debt with debt instruments, which is mathematically impossible.The $37 trillion national debt isn’t just a number—it’s a lien against your future productivity. You didn’t vote for this debt, you can’t discharge it, but you’re legally obligated to service it through your laborAnd here’s where the noose tightens: Central Bank Digital Currencies represent programmable money that can expire, restrict purchases, or shut off entirely based on compliance—eliminating the last vestige of anonymous economic activity.The trajectory toward financial control wasn’t accidental. The Economist’s 1988 cover predicted a ‘world currency’ emerging from the ashes of national currencies by 2018—exactly when cryptocurrency and CBDC development accelerated. By 2021, the same publication celebrated ‘Govcoins’ as inevitable, replacing ‘In God We Trust’ with ‘In Tech We Trust.’ This 33-year progression from prediction to celebration reveals the deliberate timeline for eliminating monetary sovereignty.Cash, the last vestige of anonymous economic activity, is being systematically eliminated. What they call “financial inclusion” is actually economic imprisonment: making every purchase a permission request to algorithmic authorities.The Divided PlantationPerhaps most brilliantly, the system has convinced its slaves to fight each other instead of recognizing their shared bondage.As I explored in “Divided We Fall,” the same forces profiting from your labor also fund the narratives that keep you arguing with your neighbors. The most effective plantation is one where the slaves police each other.The protesters who storm the Capitol think they’re fighting tyranny while carrying tracking devices that record their every move. The activists who march for social justice organize through apps that harvest their data while promoting policies that expand surveillance. Both sides livestream their ‘resistance’ on platforms owned by their oppressors.The genius isn’t in the politics—it’s in ensuring that no matter which side you choose, you’re still feeding the machine that enslaves you.The Technological Leash TightensThe convergence is accelerating through coordinated infrastructure:Identity Capture: Biometric databases make anonymous existence impossibleData Processing: Massive server farms process every biometric signature in real-timeInterface Elimination: ‘Contextually aware’ devices remove conscious choice frictionCognitive Control: AI systems shape how you think about questions themselvesEconomic Dependency: Digital income tied to compliance monitoringBiological Integration: Neural interfaces turn your cells into network nodesThe technology goes beyond wearables to injectable nanosensors that can cross the blood-brain barrier and wirelessly transmit neural activity to external devices, allowing for direct monitoring of thoughts and brain activity. University of California researchers have developed NeuroSWARM3, gold-plated nanosensors “the size of a single viral particle” that can travel through the bloodstream, cross the blood-brain barrier, and “convert the signals that accompany thoughts to remotely measurable signals.”The convergence I’ve documented across multiple essays reveals something unprecedented: a system where your legal status, technological dependencies, and biological processes have been integrated into a single control architecture. The modern slave isn’t just monitored—they’re systemically integrated at every level of existence.The War on Consciousness: Documented in PatentsThis isn’t cultural drift. It’s not accidental. It’s not even just market forces.This is weaponized psychology, and the patents are the smoking gun.The US Patent Office contains thousands of entries detailing the technical manipulation of human consciousness—filed by corporations, defense contractors, and intelligence affiliates. These aren’t conspiracy theories. They’re government-validated blueprints. Critics often dismiss patents as mere speculation—”just because it’s patented doesn’t mean it’s built.” But these aren’t isolated theoretical documents. They represent a documented progression from classified research to consumer products, a technological pipeline from government laboratories to your living room.US Patent 6,506,148 B2: Nervous System Manipulation by Electromagnetic Fields from Monitors. Your screen isn’t just displaying images—it’s capable of modulating your nervous system.Image Source: MKULTRA: The Hidden Hand, Part 3US Patent 5,159,703: Silent Subliminal Presentation System. Sends inaudible signals straight to your subconscious—bypassing conscious resistance.Image Source: MKULTRA: The Hidden Hand, Part 3US Patent 3,951,134: Remote Monitoring and Alteration of Brain Waves. You don’t even need to wear the device. The environment itself becomes the weapon.Image Source: MKULTRA: The Hidden Hand, Part 3Even Apple has filed patents to monitor brain waves via AirPods—framed as health optimization, but in reality, they represent applied surveillance of thought.What MKULTRA did with electrodes and LSD, modern technocrats do with earbuds and screen time. The modern slave doesn’t just carry tracking devices—they carry consciousness-control tools disguised as entertainment, wellness, and productivity.This is a war on awareness itself—the systematic erasure of human autonomy in favor of algorithmic obedience. The only thing more chilling than these patents existing is the fact that we’re voluntarily paying for them.The Soft Enforcement LayerBut how does the Control Grid maintain compliance without obvious violence? Through the emerging infrastructure of soft coercion—systems that make resistance economically and socially impossible.The enforcement doesn’t come through jackbooted thugs but through bureaucratic strangulation. History shows us this pattern: the worst totalitarian states didn’t just imprison dissidents—they made exit itself impossible. As Balaji Srinivasan recently observed on X, “The right to exit is a fundamental human right. It’s equivalent to individual consent, and to communal self-determination. Even the UN recognizes this. The worst states in history revoked the human right to exit. The Soviets, the Nazis, the East Germans, the Cubans, the North Koreans...they did not let you leave.”He provided historical documentation showing how:The Nazis implemented the Reich Flight Tax in 1931 to rob emigrating Jews of their assets.East Germany criminalized leaving as “desertion from the republic.”The Soviets imposed “diploma taxes” on educated emigrants.Cuba made escape so difficult that people still risk death on makeshift rafts.The pattern is always the same: economic barriers replace physical walls, targeting those most likely to resist—the educated, the wealthy, the independent-minded.Today’s version is more sophisticated but functionally identical: rather than preventing physical departure, modern systems make economic and social participation impossible without compliance—creating internal exile within your own country.AI workplace monitoring: Companies using behavioral analytics to assess employee “reliability” and performance through comprehensive surveillance of file activity, communication, and screen behaviorBiometric payment systems: Facial recognition replacing cash transactions at stadiums and retail locations, with venues like the Cleveland Browns and Intuit Dome requiring facial authentication for concessionsSocial credit integration: Insurance premiums tied to wearable device compliance and lifestyle monitoring, with 69% of Americans willing to wear devices for insurance discounts Digital ID expansion: Coordinated global rollout of mandatory digital identity systems for basic services, with experts predicting 5 billion digital IDs globally by 2024, including Mexico’s new biometric CURP system requiring facial scans and fingerprints for internet accessCarbon passports: UK’s proposed yearly travel allowances restricting movement based on digital compliance, announced just last weekWhen I detailed this soft enforcement architecture in 2022, friends told me I was being paranoid. These mechanisms have gone from ‘conspiracy theory’ to openly considered—and often implemented—policy in three years.This isn’t just surveillance—it’s economic exclusion for non-compliance. In the UK alone, police arrest over 12,000 people annually (more than 30 per day) under just two speech-related laws. The system doesn’t need to arrest you; it just needs to make your life impossible without submission. Your social credit score doesn’t put you in jail; it just makes you unemployable. Your vaccine passport doesn’t physically restrain you; it just makes you unable to participate in society. Your CBDC wallet doesn’t chain you; it just expires your money if you exhibit unapproved behavior.The genius is making compliance feel voluntary while making resistance practically impossible.The Global ArchitectureThis coordination isn’t accidental. When identical digital ID systems roll out globally using the same frameworks, when QR code rationing appears simultaneously across continents, when biometric requirements emerge in lockstep worldwide—we’re witnessing architecture, not random evolution.The World Economic Forum openly describes this coordination through their ‘digital identity’ initiatives, ‘Great Reset’ agenda, and ‘stakeholder capitalism’ frameworks that integrate technological, financial, and biological control systems. The rhetoric of ‘building back better’ creates the infrastructure for comprehensive human management. As Laura Edelson, a computer scientist at Northeastern University, noted about China’s digital ID system just last week: ‘They want the policeman to be in your head, and a really important way of making people feel that policeman in their head is removing any illusion that someone might have that they’re anonymous.’What China implements openly as social control, the West adopts through the language of health, safety, and convenience—but the architecture remains identical. We’re witnessing the Chinafication of the West, where the same surveillance systems get rebranded as freedom.The Synthesis of ControlWhat emerges from connecting these patterns is a form of slavery more sophisticated than anything in human history: what I’ve been calling ‘The Control Grid,’ a term I first heard from Catherine Austin Fitts.The financial layer (documented in “The Corporate Veil“) reduces you to a revenue-generating entity through legal frameworks that treat citizenship as corporate registration.The cultural layer (explored in “Engineering Reality“) manufactures the conflicts that keep you fighting other slaves instead of recognizing the plantation.The technological layer (exposed in “The Invisible Leash“) eliminates cognitive friction through AI systems that predict and shape your choices before you make them.The biological layer (revealed in “Node Without Consent“) colonizes your cellular processes through devices that monitor and potentially control your physical responses.The result isn’t just surveillance or control—it’s the systematic replacement of human agency with algorithmic optimization. You’re not living your life; you’re performing a script written by systems that know you better than you know yourself.Historical slavery relied on external coercion—slaves knew they were enslaved even when powerless to resist. Modern slaves have surrendered their decision-making processes to systems that predict their choices, curate their information, and shape their desires. The most profound enslavement isn’t of the body—it’s of the will itself. Once you control consciousness—what people think, how they think, even whether they think—every other form of control becomes automatic. Cognitive sovereignty is the foundation of all other freedoms.Programming the Next GenerationBut the Control Grid’s most insidious achievement is psychological: we’re raising children who will never know what freedom felt like.We’ve created what can only be called psychological cripples—people who are practiced at reading social cues and adjusting their thoughts accordingly, but who have never learned to form independent judgments. They mistake consensus for truth and popularity for virtue. This systematic conditioning process creates individuals who’ve never developed the capacity for authentic dissent.But it goes deeper than social conditioning. We’re witnessing the systematic prevention of human consciousness development itself.Consider what’s being lost: A child who learns to ‘feel’ through mood-tracking apps never develops internal emotional awareness. Kids who navigate exclusively through GPS never develop spatial reasoning or intuitive direction. Those who get dopamine hits from notification sounds never learn sustained attention or deep focus. Children who ask Alexa for answers never develop the cognitive struggle that builds critical thinking.This isn’t just convenience—it’s cognitive replacement. When your device tells you how you slept, how you feel, what you need, when to eat, where to go, what to think—the faculty for self-awareness atrophies. The child never learns to read their own body’s signals, trust their own judgment, or develop what previous generations simply called ‘common sense.’Unlike the Stasi’s victims who at least had some years of normal psychological development, these kids never get that foundation. They never develop what psychologists call ‘internal locus of control’ because they never get to make real choices with real consequences—or even learn to perceive reality without technological filters.The result is a generation that’s either paralyzed by self-consciousness or completely reckless. Some retreat into careful blandness, crafting personas so sanitized they might as well be corporate spokespeople for their own lives. Others embrace weaponized exposure because they figure they’re already screwed.Most devastatingly, we’re creating humans who literally cannot conceive of unmediated existence. They’ve never experienced unmonitored thought, untracked movement, or unrecorded conversation. To them, privacy isn’t a right being taken away—it’s an alien concept that feels dangerous and unnecessary.We’re not just surveilling them—we’re programming them. Teaching them that having real convictions is dangerous, that independent thought carries unlimited downside risk, that technological mediation is superior to human judgment, that the most important skill in life is reading algorithmic cues and adjusting accordingly.This creates the perfect slaves: people who police themselves, who mistake their cage for safety, who’ve forgotten that thoughts are meant to be shared and convictions are meant to be defended—because they never learned these capacities existed in the first place.The RecognitionThe first step toward freedom is recognizing the Control Grid. Not metaphorically—literally.Examine your legal documents. Notice the capitalization patterns. Study how you’re identified in these systems. Track your labor extraction—calculate how much of your productivity disappears before you see it.Most importantly, observe your own behavior. How often do you ask your device how you feel instead of feeling it yourself? How many decisions get shaped by algorithmic suggestions? How much of your self-awareness has been outsourced to technological interpretation?They carry their monitoring device voluntarily, pay for their own surveillance, and defend the system that harvests their data. They vote in elections that don’t change the fundamental architecture of control, celebrate technological ‘conveniences’ that eliminate their agency, and attack anyone who questions the system.They have more gadgets than any generation in history yet less control over their time, more information yet less understanding of how their world works, more ‘rights’ yet fewer choices about the fundamental terms of their existence.The MirrorLook in the mirror. What do you see—a free citizen or a well-managed resource?You surrender your labor through payroll deduction. You submit to surveillance through consumer electronics. You accept financial dependency through debt-based currency. You participate in division through manufactured political theater. You outsource your biological awareness to technological mediation.Yet this system is celebrated as freedom.Modern slaves don’t live in chains—they live in financial obligations. They don’t answer to overseers—they answer to algorithms. They work not to build their own wealth but to service debt they never chose while feeding systems designed to harvest their biological essence.The ChoiceYou have three options:Remain unconscious. Keep believing the system works for you. Trust that your vote matters, your devices serve you, and your sacrifices are for a noble cause. It’s comfortable. It’s easy. It’s probably what most people will choose.Become conscious but stay compliant. Recognize the system for what it is but continue participating because the alternatives seem too difficult or dangerous. At least you’ll understand why you feel increasingly trapped.Become conscious and seek freedom. This is the hardest path. It requires questioning everything you’ve been taught about citizenship, money, technology, and authority. It means accepting that the system you’ve defended might be the source of your bondage.Beyond the Digital Plantation“A really efficient totalitarian state would be one in which the all-powerful executive of political bosses and their army of managers control a population of slaves who do not have to be coerced, because they love their servitude.” —Aldous HuxleyThe recognition that we’ve been enslaved by systems we defend isn’t cause for despair—it’s the foundation for liberation. The same technologies that enable unprecedented surveillance also enable unprecedented coordination among those who recognize the system’s true nature.But first, you have to see the Control Grid. You have to acknowledge that the most effective slavery in human history doesn’t require whips or chains—just smartphones, credit scores, and the persistent illusion that monitoring equals caring.The modern slave looks like someone with a job, a mortgage, a smartwatch, and a Social Security number. They have more conveniences than any generation in history yet less sovereignty over their existence.The truth might be uncomfortable, but it’s the only foundation upon which genuine freedom can be built.After all, you can’t escape a prison you don’t know you’re in.And the first step to freedom is admitting you’re not already free.Republished from the author’s Substack Tyler DurdenWed, 08/06/2025 - 22:35

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