January saw the most layoffs to start the year since 2009. Hiring was also at the lowest level to start the year since 2009.

NEW: We dug into the real reason flying has gotten so much worse. And it’s not just bag fees. Thanks to deregulation, the entire business model of airlines has changed. The solution? Nationalize the airlines.

Jeff Bezos' net worth is estimated to grow by $8 million per hour.

After Pinterest laid off 15% of its staff to focus on an AI-forward approach," several engineers at the company created software to track the layoffs. Pinterest then fired the engineers.

Walmart is officially a trillion-dollar company. Today the retail giant joined the ranks of Meta, Tesla, Amazon and more to pass a $1 trillion market cap. Meanwhile, starting pay at Walmart is as low as $14/hour, and thousands of its workers have to rely on SNAP and Medicaid.

The number of people currently in ICE custody is now over 73,000, the most in history.

Southwest Airlines expects to quadruple profits this year after making changes including charging for checked bags, adding fees for extra-legroom seats, and eliminating open seating, WSJ reports.

BREAKING: Tenants across Minneapolis and Saint Paul have just launched a Twin Cities tenant union, citing the fact that their cities are under siege, and saying they need to band together to protect one another. linktr.ee/twincitieste...

BREAKING: Bernie Sanders is introducing an amendment to cut ICE’s $75 billion funding increase, and to use those funds to restore the federal cuts to health care.

There are 19 federal lawsuits involving Kalshi. The outcomes hinge on whether or not the app is operating as an illegal gaming platform. www.npr.org/2026/01/30/n...

Three delivery apps, including UberEats, will pay NYC delivery workers $4.6 million after they violated the city's minimum pay law. The Mamdani admin will announce the settlement today, which comes after enforcement action taken by the city. nyc.streetsblog.org/2026/01/30/t...

Corporate America made over $22 billion from contracts with ICE and CBP last year. The list of companies profiting from Trump's aggressive deportation regime includes Palantir, Deloitte, GEO Group, and many more. www.ft.com/content/c741...

Visa announces it will allow customers to direct credit card rewards into Trump accounts. Trump is calling the move a “big deal.” Visa, the largest credit card processsor in the US, is facing an antitrust lawsuit filed under Biden's DOJ.

Potential homebuyers canceled more than 40,000 purchase agreements in December. That's 16.3% of all homes that went under contract, the highest rate since Redfin started tracking it in 2017.

A third round of nationwide "No Kings" protests is slated to take place on March 28.

The day before Alex Pretti was murdered, hundreds of Target workers urged the company to bar ICE from its stores. "Target's continued inaction in the face of the current administration puts all of us at risk of more harm in our workplaces and..." /1

AFGE, the largest federal employee union, is calling for the immediate termination of Kristi Noem and Stephen Miller for smearing their slain union member Alex Pretti as a “domestic terrorist.”

Major League Soccer has announced a multiyear partnership with Polymarket. Under the agreement, Polymarket will serve as the official and exclusive prediction market partner of MLS.

Kalshi has opened a new office in Washington, D.C., as it ramps up efforts to lobby state and federal officials and sway them on the regulation of "prediction markets." finance.yahoo.com/news/kalshi-...

UPS has announced that it will eliminate 30,000 jobs this year. The cuts come on the back of 48,000 jobs eliminated in 2025. Shares of the company rose this morning.

All grocery delivery apps in New York City (including Instacart) must now pay workers at least $21.44/hr. That number does not include tips. Companies must also provide workers with annual increases adjusted for inflation.

NEW: When OpenAI sent someone to Tyler Johnston's house, they wanted every text and email he had on the company. Tyler runs an AI watchdog, and he's just one of the people getting subpoenaed. This is just the beginning of the AI industry's aggressive new strategy. www.youtube.com/watch?v=qnOm...

US long-term unemployment has hit a four-year high. www.ft.com/content/2c10...

In the past 10 days, Trump has pardoned or reduced the sentences of 10 people convicted of fraud and other white-collar crimes. www.ft.com/content/55da...

The entire Minneapolis City Council passed a resolution calling on Governor Tim Walz to impose an eviction moratorium during the ongoing ICE raids. spokesman-recorder.com/2026/01/23/i...

The Trump administration is planning to write regulations using AI. The Department of Transportation is about to use Google Gemini to draft new regulations. www.propublica.org/article/trum...

The European Union is now investigating X over the spread of sexualized images created by Elon Musk's Grok. Last month, X was fined about $140 million for violating the same European law that is being cited once again here.

BREAKING: 31,000 nurses and health care workers are on strike in California and Hawaii. These vital workers at Kaiser Permanente facilites are walking out to secure a contract with safe staffing levels, timely access to quality care, and fair wages for frontline caregivers.

In Florida a bill has advanced out of committee that would let local governments hide information about data center companies' plans for up to a year, if requested by the company.

Amazon is planning to cut up to 16,000 jobs starting next week. The company is valued at $2.5 trillion and made nearly $60 billion in profit in the first nine months of 2025.

Workers in two hundred and fifteen cities are walking off the job today in solidarity with the general strike in Minneapolis, according to @migrantinsider.bsky.social.

A former Trump official is planning a multi-billion-dollar data center project in Greenland. The project would be several times bigger than any active data center on Earth. It also has yet to secure land or approvals from the local authorities. www.cnbc.com/2026/01/23/g...

In our increasingly unequal economy, the top 20% of earners power 59% of consumer spending. Everyone else accounts for 41% of spending.

Virginia Democrats, who have just taken over the Governorship, are putting forward legislation to create a state-run paid family and medical leave program. The program would pay qualified workers up to 80% of their average weekly salary for up to 12 weeks.

A major coalition is launching a general strike in Minnesota tomorrow, aimed at pushing out ICE. It includes: -Amalgamated Transit Union Local 1005 -The MN AFL-CIO -SEIU Local 26 -UNITE HERE Local 17 -CWA Local 7250 -Saint Paul and Minneapolis Federations of Educators -Faith leaders And more. 🧵

Today Zohran announced a new rule banning hidden junk fees at hotels. The rule applies to NYC hotels, but also to hotel stays in other destinations that New Yorkers book in the city.

Global spending on data centers will reach at least $3 trillion over the next five years, according to Moody’s.

Donald Trump has used the presidency to make himself more than $1.4 billion, so far.

PG NEWS: On January 20th, the National Labor Relations Board (NLRB) filed contempt charges against the Pittsburgh Post-Gazette for defying court orders to restore workers’ health care plan. newsguild.org/labor-board-...

Arizona Governor Katie Hobbs is calling for an end to the state’s data-center tax breaks. The state has already lost $38.5 million to these big tech tax breaks, and after public outcry the governor is saying it's time to end these exemptions. goodjobsfirst.org/good-jobs-fi...

Portugal and Hungary have both banned Polymarket, accusing the company of illegal gambling activity.

BREAKING: Massachusetts has secured a preliminary injunction prohibiting Kalshi from doing anything that constitutes sports betting in the state.

The combined wealth of America’s 900 billionaires is greater than the combined wealth of the 67,000,000 households which make up the poorer 50% of the country.

Trump made deals with 16 major drug companies to lower prices in 2025. But drug companies, including the 16 that made the deals, raised the prices of 872 brand-name drugs at the beginning of this year. www.npr.org/2026/01/16/n...

This is Trump's Treasury Secretary, and influential economic advisor. He has a net worth of over half a billion dollars. These are the people running the country and setting economic policy.

ICE is using Medicaid data, including addresses, phone numbers, birth dates and citizenship or immigration status, to find immigrants. stateline.org/2026/01/20/i...

There have already been 25 data center cancellations or postponements this month, according to @macroedgeres.bsky.social. That's nearly as many as the previous 6 months combined.

Billionaires are over 4,000 times more likely to hold political office than ordinary people, according to @oxfaminternational.bsky.social. www.oxfamamerica.org/explore/rese...

Billionaire wealth reached a record high of $18.3 trillion in 2025.

20 data center projects, with an estimated $98 billion collective price tag, were blocked or delayed in just one three month period last year. boondoggle.substack.com/p/the-cult-o...