The Top 0.1% Has More Than Doubled Its Wealth Since 2019

Oracle Cuts 21,000 Jobs As AI Adoption Deepens And Credit Risk Flashes GFC-Era Highs Oracle disclosed in a Form 10-K filing that it reduced its workforce by 21,000 employees over the past year as it automates white-collar jobs and frees up cash to splurge on AI infrastructure buildouts. "Our periodic workforce restructurings and reorganizations can be disruptive,"  Oracle said in the annual financial regulatory publsihed on Monday, adding, "We have an existing restructuring plan in place under which we have made, and will continue to make, adjustments to our workforce in...

Trump Says Inflation Will Pay Off The $40 Trillion Debt "Very Rapidly" President Trump thinks 'certain levels' of inflation could take care of the $40 trillion national debt.  President Donald Trump appears at the United Nations General Assembly in New York. (Photo by Chip Somodevilla/Getty Images)"You know, inflation. Certain levels of inflation will also pay off that debt very rapidly. Very rapidly," he told TIME in an interview published Thursday, after the outlet pointed out has grown by about $11 trillion over his five years in office. In response, Trump first blamed Joe Biden,...

Bill Maher Credits Falling Crime To Trump's 'FAFO' Image Of all people, Democrat Bill Maher believes President Trump’s aggressive image may be playing a role in America’s ongoing decline in crime. On Friday’s “Real Time,” Maher argued that while falling crime has plenty of potential explanations, it would be foolish to completely dismiss the psychological effect of having a president who openly projects a law-and-order persona, according to the NY Post. “It’s just childish to pretend that when you elect a “f— around and find out” president, a ‘no more Mr. Nice...