Trump Consulting With Iran Hawks Who Want Him To Restart Bombing Campaign

Where Have The Men Gone? Authored by Jeffrey Tucker via The Epoch Times, The Department of Labor keeps careful track of employment and the demographics thereof. Their latest report on men in the labor force is both mysterious and deeply alarming. It turns out that the labor force is missing about 7 million men who would otherwise be working. Close to a third of working-age men have vanished from the labor force. The labor force participation rate among “prime age men,” age 25 to 54, in the 1950s approached 100 percent. Now...

Nadella's Hedge: Microsoft Wants To Make AI Models Cheap - Then Own The Rails They Run On The entire AI capital cycle - roughly $700 billion in hyperscaler capex this year, an estimated $2 trillion-plus through 2028 - is collateralized by one belief: that intelligence is scarce, and therefore priceable. That belief is already under strain. Per-token inference prices have fallen on the order of 200× in a year, and the only thing holding revenue up is volume; the cost of intelligence is dropping even as the cost of deploying...

DOJ Sues States Over Alleged Failure To Turn Over Food Stamp Data Authored by Zachary Stieber via The Epoch Times, The Trump administration has sued four states, accusing them of withholding crucial data on food stamp applicants. Kentucky, Michigan, Minnesota, and Pennsylvania refused to turn over information to the U.S. Department of Agriculture (USDA) that would let federal officials identify fraud, Trump administration lawyers said in lawsuits filed on June 26 against the states. Officials are asking judges to enter injunctions that would force state authorities to hand over the last five years...