#economy

#economy

"Today's increase is significant, but it doesn't mean the labor market is back on track or growing robustly. The gains are highly concentrated in a few industries, not broad-based across the economy."

President Trump posted on social media that Iran's new regime president has asked the U.S. for a ceasefire, with Trump signaling he'd consider it once the Strait of Hormuz is open and clear.

This crisis is deeper. It is caused by a difficult transformation: from the global opportunities we once had to regional ones, with all sorts of restrictions.

High energy prices are kryptonite for the housing market. Affordability, especially for those first-time home buyers, is now an elusive dream until oil prices come down and interest rates come down.

We are in this turning point between a regime based on cheap energy, physical goods, mass production, the assembly line and that has major implications for how we think about strategy.

"Even before the conflict, I thought recession and risks were on the rise. Recession risks are very high—and unless the hostilities are coming to an end now, I think recession is more than likely by the second half of the year."

The news was both surprising and upsetting. Damascus has historically been a city that embraces everyone and diversity is its true identity. This decision makes us feel like we're losing a part of the city's open spirit.

Reform UK has announced Robert Jenrick as the party's pick to become chancellor if it wins power at the next general election. The former Conservative minister - who defected to Reform last month - said his party's plans would restore stability to the economy, cut waste, bring down the benefits bill and reduce taxes.

In response to the recent closing of California College of the Arts and the uncertain future of the Mission Cultural Center for Latino Arts, SOMArts Cultural Center is hosting a forum on February 13 discussing how to bolster the arts community in San Francisco. [SOMArts/Eventbrite] A suspected explosive device was recovered from a lake at Sonoma State University by the sheriff's department bomb squad Thursday evening after the device was spotted by a person who was fishing for metal objects with a magnet. [KRON4]

How it works: Gallup polled a nationally representative sample of about 1,000 people age 15 and older in each of 107 countries from March - October 2025. It asked: "According to you, what is the most important problem your country is facing currently?" Respondents wrote in answers, and Gallup grouped them into buckets. By the numbers: The answer was nearly the same everywhere: The economy was identified by a median of 23% of adults across these countries.

"Everyone will have access to medical care that is better than what the President receives right now," Musk said on the podcast Moonshots with Peter Diamandis. "Right now there's a shortage of doctors and great surgeons. It takes a super long time to learn to be a good doctor, and even then, the knowledge is constantly evolving. Doctors have limited time. They make mistakes."

On Wednesday, the president gave a primetime address stating that the country's current economic woes are due to the policies of former Democratic President Joe Biden. Earlier this month, Trump visited the swing state of Pennsylvania with a similar message blaming the previous administration for the challenges his administration is currently experiencing and saying that he is igniting an economic turnaround.