The Coming Constitutional Ice Age

Companies Report Raging Inflation, Except In Wages & Rents Authored by Wolf Richter via Wolf Street, Manufacturers reported that the costs of health insurance for employees shot up by 14.2% on average; service firms reported an average increase of 12.9%, according to a report by the New York Fed based on a survey of companies in the New York-Northern New Jersey region. These are averages, but “some firms reported increases of between 25% and 50% when they renewed their coverage,” the report said. Manufacturers and service firms both reported that the costs...

Prime Minister Benjamin Netanyahu declared that Hamas must be dismantled before any reconstruction can begin in Gaza. He added that Palestinians can just leave.  “There will be no reconstruction in Gaza without dismantling and demilitarizing the Strip,” Netanyahu said on Sunday. “Gazans should have freedom of choice: Whoever wants to leave should be able to […]

Meta Ordered To Pay $567 Million In New Mexico For Children's Mental Health Fund A New Mexico state judge on Aug. 6 ordered Meta to pay $567 million into a fund dedicated to remedying the harm caused to children’s mental health by the company’s social media platforms. Meta is the parent company of Facebook, Instagram, and WhatsApp. State judge Bryan Biedscheid said in a 68-page order that most of the total youth mental health fund, or $420 million, would go toward treatment services for children harmed by social media. The remainder of the...