Over the past 12 months, business startups failed at a rate 60 percent higher than the 12 months prior, according to Carta, which provides services to young companies.
ECONOMIC UPDATE – MARKET OVERVIEW
What in the world is going on? Go to the Financial Times, Wall Street Journal, CNN, BBC, etc., and read all about it.
YOU ARE BEING SCAMMED AND ROBBED BLIND ON AN UNIMAGINABLE SCALE. IT’S ABOUT TO GET MUCH WORSE…
Let’s start off with this. Today more than any other time in human history, NOTHING is what it appears to be.
HOUSING SALES INCREASE IN JULY, PRICES RISING
In July, the number of closed home sales rose 1.3 percent from June, reversing a four-month trend of decreasing sales, the National Association of Realtors (NAR) reported.
CALIFORNIA AI BILL MEETS RESISTANCE FROM AI LOBBY
Surveil citizens across social media, suppressing free expression and communications, reporting on “thought” and “speech crimes,” and politically manipulating what people see in search results, news, shopping and entertainment choices, etc.
U.S. BS: NO GAZA PEACE, MORE WEAPONS OF DEATH TO ISRAEL
Rep. Ilhan, D-Mich., laid into the Biden administration on Wednesday and asked how it’s possible that Israel—a country that relies fully on U.S. support—can humiliate Washington’s top diplomat, Antony Blinken, so publicly and so consistently.
AS FORECAST: UKRAINE WILL RAMP UP ATTACKS INSIDE RUSSIA
While Ukrainian forces continue to hold onto Kursk, Russia has not diverted any serious number of soldiers from the frontlines in Ukraine to the clash so there has been no new momentum in eastern Ukraine—which was a top objective.
Global Economy
SPOTLIGHT: BIGS GETTING BIGGER
The U.S. justice department has announced it will not oppose Alaska Airlines’ $1.9-billion takeover of Hawaiian Airlines on antitrust grounds.
SPOTLIGHT: CHINA’S ECONOMIC CRISIS
Alibaba Group Holding, Kuaishou Technology, and other major Chinese consumer companies have failed to meet revenue targets, “upsetting expectations for a market recovery to take hold,” the Financial Times reported.
TOP TREND 2024: EV GO FU
Ford Motor has dumped its plan to produce a three-row, all-electric SUV, citing an overcrowded market and consumers’ reluctance to pay premium prices for electric vehicles (EVs).
The Israel War
PRESS AND HUMAN RIGHTS ORGANIZATIONS CALL ON EU TO STOP ISRAEL FROM KILLING JOURNALISTS IN GAZA
Israel’s slaughter of journalists in Gaza should result in the European Union imposing sanctions on Tel Aviv and suspending the EU-Israel Association Agreement, according to human rights and press freedom groups around the world.
U.S. COLLEGES AND DEMOCRAPS: OPPOSE ISRAELI GENOCIDE? NO FREE SPEECH ON CAMPUSES
The donor class in California teamed up with the state’s Democratic Party and university elites to smash protests before they begin on campuses in the fall semester—after rallies broke out last semester in opposition to Israel’s brutal genocide in Gaza.
GAZA DEATH TOLL
For the past few months we have been reporting the Gaza death toll. According to the latest reports, the death toll in Gaza reached 40,435 on Monday, and ceasefire talks, as we have greatly detailed, are DOA as Israel keeps changing the deal and continues to force evacuations as it bombs the enclave into ruins.
AI
FROM THE “AI BEHAVING BADLY” FILE…
According to a study published 31 July, ChatGPT is rubbish when it comes to finding out why you’re sick.
AI RESCUES PC MAKER LENOVO
PC maker Lenovo has been a shrinking presence in the personal computer market for years but no more.
COMPANIES FAILING TO DEAL WITH AI EFFECTIVELY, STUDY FINDS
In a new PwC survey of 1,000 executives, only 58 percent said their companies have conducted initial assessments of risks and safeguards around the use of AI.
Hi-Tech Science
RESEARCHERS FIND ANOTHER PATH TO LONGER, HEALTHIER LIFE
Researchers at the University of Connecticut have identified a protein known as p21 as a key culprit in aging and the illnesses and general debilitation that can accompany it.
TEST WOULD ASSESS OCEANS’ ABILITY TO ABSORB MORE CARBON
A controversial test scheduled for next year would dump 20 tons of lye into the Atlantic Ocean off Cape Cod, then follow that up with a 200-ton test in the Gulf of Maine a year later.
BLACK SOLDIER FLIES: THE NEXT WASTE-PROCESSING BIOFACTORIES
Black soldier flies don’t transmit diseases or buzz around your backyard barbecues. They stay out of our way, laying their eggs in trash dumps where their larvae have a voracious appetite for food scraps and later poop out surprisingly rich fertilizer.
