SAP Slows Hiring, Freezes Travel As AI Push Accelerates

'Slow Hire, No Fire' Economy Continues As Jobless Claims Remain Near Record Lows The number of Americans filing for unemployment benefits for the first time fell to to 215k last week (versus 217k exp), remaining near multi-decade lows... California and Missouri saw the biggest increase in initial claims while New Jersey and Connecticut saw the largest decline... Continuing jobless claims ticked higher (highest since March) but remains well off cycle highs from Q4... Despite disappointing payrolls (though jobs are still being added, though at a slower pace)... ...jobless claims data suggests there is no...

Escobar: The Calm Before The Showdown Authored by Pepe Escobar via LewRockwell.com, The only art that the Prince must totally master it's the art of war - Machiavelli The Supreme Warrior Wins Without Fighting -Sun Tzu This was supposed to be the calm before the storm. Where the Epstein Syndicate would schmooze the Global South gathered in New York for the - comatose - UN General Assembly and seduce them with assorted "gifts", wooing them away from the impending Great Debacle and deflecting attention from the breathtaking speed of the collapse of Pax Americana. Cut to...

Four western states answered the shortage of money by printing their own, and watched it depreciate in their hands.