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ANIMAL SPIRITSA fourth factor is “animal spirits”, to cite John Maynard Keynes. Economists have always assumed that if businesses expressed public optimism, investors would feel the same. This still holds true: the fact American companies are currently beating earnings forecasts has helped to propel stocks to record highs.However, the causality is now also working in reverse: it is hard for any corporate leader to express alarm about the outlook, or criticism of Trump, when markets seem so giddily exuberant. A form of crowd psychology is at work that few CEOs dare defy.Last but not least, there is the issue of…
Tech firm ServiceNow agreed to major discounts for all government customers of its flagship software offering in the latest OneGov agreement brokered by the General Services Administration.Announced on Wednesday, the months-in-the-making agreement will see ServiceNow offer up to a 70% discount off the list price to upgrades of its new Information Technology Service Management Pro and Pro-plus bundle, which includes ServiceNow’s AI Platform and an assortment of agentic AI capabilities. According to GSA, the ServiceNow AI Platform could boost government workflow efficiencies “by 30% or more based on projections, using AI to streamline a wide range of business processes.”“This agreement…
Deion Sanders revealed he underwent surgery for bladder cancer during a press conference on July 28th. His bladder was removed, and a new bladder was created for him, and he is now considered cancer-free. Sanders, who is also known as Coach Prime, has faced other health issues. He had blood clots that led to the amputation of two of his toes in 2021. He learned of his bladder cancer during follow-up testing for those issues, proving the importance of routine screenings. A CT scan of his vascular system alerted his caregivers to signs. “Men, everybody. Get checked out. Because if…
Bill Pulte, Director of the Federal Housing Finance Agency, speaking on CNBC’s Squawk Box on Sept. 4th, 2025.CNBCClose relatives of the federal official who has accused a Federal Reserve governor of improperly claiming primary residence on two properties have declared the same status on two homes in two different states, public records show.Mark and Julie Pulte, the father and stepmother of Bill Pulte, President Donald Trump’s appointee as director of the Federal Housing Finance Agency, since 2020 have claimed so-called “homestead exemptions” for residences in wealthy neighborhoods in both Michigan and Florida, according to the records. The exemption is meant…
American businesses could be owed tens of billions of dollars in refunds for tariffs they paid on foreign goods.U.S. Customs and Border Protection has collected more than $200 billion in tariff revenue from American businesses of all sizes from October through August 24, according to agency data. Of that, more than $70 billion comes from payments of country-based tariffs that a federal appeals court recently ruled President Trump lacked the authority to impose. Industry-specific tariffs, such as steel and aluminum levies, are unaffected by Friday’s ruling. The court on Friday ruled that President Trump unlawfully invoked the International Emergency Economic Powers Act, or IEEPA,…
Call it whatever you want, but one thing is for certain: Kyle Konrardy has ice in his veins.The Iowa State kicker proved to be the difference in the Cy-Hawk rivalry game for the second straight year. Konrardy drained the game-winning field goal in No. 16 Iowa State’s 16-13 win over Iowa on “Big Noon Saturday,” making a 54-yard field goal with 1:54 remaining. “Oh man, he’s really special,” Iowa State head coach Matt Campbell told FOX Sports’ Jenny Taft after Saturday’s game. “He continues to do great things. What he’s about, what he stands for, how he practices – all those…
In just three days, Apple will hold a press event to announce its latest round of new products. We’ve seen the artwork, we’ve read the tagline (“Awe Dropping”), and we can be pretty sure the iPhone 17 will make an appearance. But everything else is shrouded in mystery. Until now. Yes, that’s right. Once again, Macworld sent a team of hard-bitten journalists to rummage through the bins at Apple Park, and once again, they hit pay dirt: the full presentation script, storyboards, rehearsal tapes, props, costumes, one of those old-timey movie clapperboards, and several half-eaten sandwiches. We’ve eaten the sandwiches…
Microsoft said on Saturday that its Microsoft Azure users may experience increased latency due to multiple undersea fiber cuts in the Red Sea. Traffic traversing through the Middle East originating and or terminating in Asia or Europe regions may experience increased disruptions, the company said in a service health status update for its Azure service. “Undersea fiber cuts can take time to repair, as such we will continuously monitor, rebalance, and optimize routing to reduce customer impact in the meantime. We’ll continue to provide daily updates, or sooner if conditions change,” Microsoft said. As a result of the disruption, Azure,…
The levies are the same as those that the Asian nation has been imposing on America dispersion unshifted single-mode optical fibre since April 2023Published Thu, Sep 4, 2025 · 07:48 AM[LONDON] China started imposing levies on additional US optical fibre imports after a six-month investigation found that American companies circumvented the country’s anti-dumping measures.The duties, ranging from 33.3 per cent to 78.2 per cent, took effect on Thursday (Sep 4) Beijing time on “certain cut-off shifted single-mode optical fibre” from the US, according to a statement from the Chinese Ministry of Commerce. Among the companies subject to the new duties, Corning now…
Just a heads up, if you buy something through our links, we may get a small share of the sale. It’s one of the ways we keep the lights on here. Click here for more. A federal judge has dealt a blow to Meta’s legal defense, ruling that parts of a discrimination and harassment lawsuit filed by one of the company’s earliest employees will proceed. The case was brought by Kelly Stonelake, who joined Meta (then Facebook) in 2009 and remained there until her layoff in early 2024. Earlier this year, she sued the tech giant in Washington state, alleging…
