Jobs Shock: US Lost 92K Payrolls In February, Far Below Lowest Estimate, As Unemployment Rate Rises

MSFT Plans First Voluntary Buyout In 51-Year History; Gates Foundation To Slash 20% Of Staff Summary:  First CNBC reports MSFT's first-ever Voluntary Buyout in 51-Year Company History, Then a report by BBG on Meta planning 10% Workforce Cut, All Within Hours To note: Reuters First reported Meta's 10% cut late last week (report)   Meta Layoffs  First, Microsoft unveiled a voluntary buyout program, a move that could incentivize thousands of employees to leave. Now, Meta Platforms has reportedly followed with plans to cut 10% of its workforce. Taken together, today's back-to-back announcements suggest that as Big Tech continues...

Judge In Lindsay Clancy Trial Orders Jurors' Identities To Be Sealed Indefinitely Authored by Aldgra Fredly via The Epoch Times, The judge in the murder trial of Lindsay Clancy ordered that the jurors' names be sealed indefinitely due to concerns about their privacy. Judge William Sullivan said on Sept. 14 that the jury list will remain impounded until a new order is issued, citing "a real and present" risk of personal harm to the jurors and to the integrity of their work if the list is made public. Clancy, 36, has pleaded not...

Silt, Anchovies, And Economic Disaster Authored by Matt Badiali via DailyReckoning.com, Silt and anchovy scales. Sometimes the greatest scientific discoveries start with the simplest things. Today, meteorologists are worried about a severe global event. It’s part of an atmospheric pattern that wasn’t recognized until the late 1960’s. But it has had major economic impact over the decades. And it will have an impact this year if it’s as bad as predicted. But the story starts with marine mud and frustrated fishermen. Geologists saw something odd in sediment cores taken off the West coast of South...