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"The Situation Has Become Unsustainable": Apple To Hike Prices To Offset Soaring Memory Costs

"The Situation Has Become Unsustainable": Apple To Hike Prices To Offset Soaring Memory Costs Up until now, Americans primarily hated the flood of data centers popping up around the country like mushrooms (at least those that haven't been canceled or delayed due to regulatory pushback, lack of electricity or outright hostility) because of surging electricity prices and the rising tide of unemployment as chabots gradually make America's white collar workers obsolete. Now they can add surging consumer price inflation to the list of reasons to hate data centers, whose ravenous...
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Jun 26, 2026 / Tyler Durden
Debt Tsunami: The Alan Greenspan Legacy
Debt Tsunami: The Alan Greenspan Legacy Authored by Jeffrey Tucker via The Epoch Times, Alan Greenspan, Fed chair from 1987 to 2006, embodies a striking ideological shift from gold-standard advocate to architect of the modern easy-money, debt-fueled financial system. He has now died at the age of 100, and this marks a good time to assess his legacy and explain why it matters. In the 1960s, as a young economist influenced by Ayn Rand and Objectivism, Greenspan strongly supported the gold standard. In his 1966 essay “Gold and Economic Freedom,” he argued...
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Apr 28, 2026 / Tyler Durden
DOJ Sues Cloudera For Deliberately Excluding American Workers From High-Paying Tech Jobs
DOJ Sues Cloudera For Deliberately Excluding American Workers From High-Paying Tech Jobs The Justice Department on Tuesday sued Cloudera Inc., accusing the enterprise data and artificial intelligence company of deliberately engineering a hiring process that excluded American workers from at least seven lucrative technology positions while the firm pursued permanent residency sponsorship for foreign workers on temporary visas. In a 14-page complaint filed with the Office of the Chief Administrative Hearing Officer, the department’s Civil Rights Division alleges that Cloudera, from March 31, 2024, through at least January 28, 2025, instructed...
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Apr 10, 2026 / Tyler Durden
US-Vatican Relations Extremely Strained As Pentagon Denies It Berated Pope's Diplomat
US-Vatican Relations Extremely Strained As Pentagon Denies It Berated Pope's Diplomat Washington's attack on Iran alongside Israel has come under repeat condemnation from the Vatican, leaving US relations very strained. What hasn't helped things are widespread allegations that US officials berated the Vatican's top diplomat in Washington. Pentagon and Vatican officials are denying reports that US authorities gave the Holy See’s ambassador a "bitter lecture" demanding the Church align with the Trump administration following criticism of the Iran war by Pope Leo XIV. via The Associated Press "Today, as we all know, there...
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