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Letter from Google CEO to Employees: 12,000 jobs to be cut
Googlers,
I have some difficult news to share. We’ve decided to reduce our workforce by approximately 12,000 roles. We’ve already sent a separate email to employees in the US who are affected. In other countries, this process will take longer due to local laws and practices.
This will mean saying goodbye to some incredibly talented people we worked hard to hire and have loved working with. I’m deeply sorry for that. The fact that these changes will impact the lives of Googlers weighs heavily on me, and I take full responsibility for the decisions that led us here.
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Mar 10, 2026 / Paul Craig Roberts
Republicans Prefer War to the US Constitution and to Truth
The Republican-controlled House and Senate rejected a war powers vote that would have granted Congress the ability to decide whether Trump could continue serving Israel’s conflict with Iran. Apparently 77% of Republicans have fallen for the propaganda that Iran is a terrorist state developing nuclear weapons. The same Republicans fell for 9/11, Saddam Hussein’s “weapons […]
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Apr 9, 2026 / Tyler Durden
Shmeasefire
Mar 18, 2026 / Tyler Durden
Fed Remains On Hold (As Expected) Amid 'Uncertain Implications' Of War With Iran
Fed Remains On Hold (As Expected) Amid 'Uncertain Implications' Of War With Iran
Tl;dr: Rates on hold as expected with a hawkish tilt to 'uncertainty' around the Iran war clouding the outlook. The Dot-Plot showed no real change (7 on hold, 12 at least 1 cut in 2026) but inflation expectations surged in the SEP.
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A lot - and we mean a lot - has happened since the last FOMC meeting (Jan 28th).
Oil is up 54% since the last FOMC meeting, bitcoin has tumbled. Gold and stocks are also...
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