Damn. www.startribune.com/minneapolis-...

Sad irony here, first hockey, then trains

Hottest annual core PCE inflation since March 2025

Weakest GDP since Q1 2025

“.. One official said the Strait of Hormuz could become an Iranian ‘kill box’ if ships start trying to pass through. @wsj.com www.wsj.com/world/middle...

“.. For the American consumer, things are getting very real, very fast: average gasoline price is now up by 19.9% over the past 10 days ... that eclipses the move in 2022 and is now the largest spike we've seen in the history of the data going back to 2004.” ⛽️ - Schwab

A record number of American workers are pulling money from their 401(k)s to cover financial emergencies.

Today, my undergrads helped me stuff, label, stamp, and seal >100 envelopes with invitations for our class research project. And it became very clear very quickly that some of them had never mailed a letter before.

In his remarks, John Williams cited the research from NY Fed economists that led Kevin Hassett to call for the researchers to be "disciplined." Williams told reporters afterward that the research was "incredibly well done" and "incredibly important."

Hennepin Healthcare is grappling with significant financial issues, raising concerns about a potential shutdown and leaving county and state leaders bracing for widespread healthcare impacts.

HCMC is where our elder kid was born and like 2,000 kids were born last year; where my friend Eric got his ALS treatment; where my friend Tamara got her post-amputation care. It’s a remarkable place with wonderful and compassionate people and it is vital to have a good county hospital.

HCMC is the trauma center where Renee Good and Alex Pretti and the children from the Annunciation shooting were cared for. They have the 24/7 hyperbaric service other hospitals send pts to. They house the regional poison center. They are our safety net hospital. We need them! We have to support them

Commissioner says Hennepin County Medical Center could close as expenses continue to rise www.mprnews.org/story/2026/0...

“Hennepin County cannot afford to absorb those costs, nor can we increase our property tax levy enough to even cover those costs without revenue to replace the ongoing losses,” said Hennepin County Commissioner Angela Conley. “The hospital will not remain open.”

Commissioner Conley says HCMC could close without repurposed sales tax revenue. Republicans passed $1.7 billion in Medicaid cuts over 10 yrs so they could pay out tax cuts to billionaires and boost funding for race-based sweeps by secret police. www.mprnews.org/story/2026/0...

The Trump administration is likely to face legal obstacles if it argues against refunds for the tariffs struck down by the US Supreme Court — thanks to statements by Justice Department lawyers

Pritzker’s invoice to White House: (via @nbcnews.com) @govpritzker.illinois.gov

A federal judge in Illinois quickly issued a restraining order after the Trump administration slashed more than $600 million in CDC grants to four blue states.

I’m pleased to have won a temporary stop to Trump's unlawful attempt to slash millions in public health funding to Minnesota. As long as his campaign of revenge and retribution goes on, I will do everything in my power to protect Minnesotans from his lawless actions.

“.. ‘many system vendors will go bankrupt or exit product lines due to a lack of memory. Mobile phone production will be reduced by 200-250 million units, and PC and TV production will be significantly reduced.’ Yikes.” @pcgamer.com #DRAM www.pcgamer.com/hardware/mem...

LOL it would be WILD if Bondi called the top. 🤡 @barrons.com www.barrons.com/articles/dow...

There’s your January Effect: “.. Quite a significant jump in core goods ex-used cars and trucks #inflation in January ... up by 0.59% m/m (the largest increase since January 2023)” (via Schwab) #CPI

Dell Computer “has raised prices for some commercial laptops by as much as 30% .. And this could be just the beginning ..” @wsj.com #$DELL #$HPQ #$AAPL www.wsj.com/tech/a-memor...

A judge has temporarily blocked the Trump administration from cutting $42M in public health funding from Minnesota after the state sued Thursday.

“.. We haven't seen anything like this since the dotcom bubble burst. “.. Over the last 8 sessions, 115 stocks in the S&P 500 have decline 7% or more in a single day. “.. The average drawdown when that happens is 34%. Right now we're 1.5% below the all-time high.” @michaelbatnick.bsky.social

This is everyone’s favorite chart now. @wsj.com www.wsj.com/economy/jobs...

“.. If you look at employment by sector, a lot of the sluggishness is concentrated in the most cyclical parts of the economy. There is a 'blue collar recession'." @darioperkins.bsky.social @dailychartbook.bsky.social

NEW: Opening up the Trump admin's attack on Minnesota refugees to greater public scrutiny. On Tuesday, Law Dork, with Public Justice, filed a motion to improve access to a key court case challenging ICE's new effort to detain thousands of law-abiding refugees.

#OneBigUglyBill abcnews.com/Business/us-...

“.. For every $1 the U.S. collects in taxes and tariffs, it will spend $1.33 this year.” @wsj.com @scottlincicome.bsky.social www.wsj.com/politics/pol...

Fun times for US credit. 👀 @bloomberg.com

You want your Gateway project funding? Here’s the price. 🤡 @punchbowlnews.bsky.social punchbowl.news/article/whit...

* US Companies Announce Most Job Cuts for Any January Since 2009 @bloomberg.com

The US immigrant population generated more in taxes than they received in benefits from all levels of government every year from 1994 to 2023. The Cato study provides the first-ever 30-year analysis of the fiscal effects of immigration on government budgets. https://ow.ly/jy8a50Y8kM3

Very normal law enforcement stuff continuing to happen in our area. DOJ attorney to judge: "I wish you would just hold me in contempt of court so I can get 24 hours of sleep. The system sucks, this job sucks..." www.fox9.com/news/federal...

Announcement! Black Hart & Black Garnet Books are teaming up for Black History Month! All month long, if you come in and show a receipt from Black Garnet for a book you’ve purchased, you get 50% off a Heggies Pizza!

Here's my report at Law Dork on the hearing before Judge Menendez: www.lawdork.com/p/challengin...

One of the best things I’ve read in a while:

Secretary of State Steve Simon’s statement on the outrageous request from the US Attorney General www.sos.mn.gov/about-the-of...

Public executions at the hands of the government should never happen in “the land of the free.” Not one more taxpayer dollar for Trump’s DHS, CBP or ICE.

Kare 11 local news just read, in full, this statement from Michael and Susan Pretti, the parents of Alex Pretti. "Please get the truth out about our son."

Join Light up the Night tonight, not a mass gathering in any one place but to get people out of their houses with candles and flashlights in every neighborhood at 7:00. Please spread the word.

The NBA has postponed the game between the Timberwolves and Golden State Warriors tonight at Target Center, after federal agents fatally shot a man in south Minneapolis, the league announced.

Reminder: DHS legislation that funds ICE at current levels without policy restrictions is in the Senate and needs 60 votes to pass. Deadline is next Friday.

“this is a scenario that we were raised and taught in our schools to believe was not practically or legally possible in our time,”

Please consider helping one of our employees who was blatantly racially profiled by ICE, detained, and is now facing deportation. Funds go to support his wife who is still here and afraid to go to work because of what happened to him. Any amount helps. THANKS. gofund.me/9295faaf5

Guidance from Ag Ellison about the federal injunction issued yesterday in the ACLU MN case. It’s important people know their rights protected under this order and the ACLU is tracking if/when it’s being violated to bring it to the judges attention. aclu-mn.org/ice-feds-form/ 1/2