SCROLL NEWS / DISCOVERY
Search headlines
Find the stories shaping the conversation.
Results for " money " 2,463 found 🔀 AI-powered Shuffle
Democrats’ factional battle hits a swing district in Michigan
Michigan’s 7th District swung to the GOP in the 2024 election after Democrats flipped it in 2018. Now, a fractious Democratic primary has drawn national attention and money.
Musk funds GOP midterms after SpaceX contract. Coincidence?
Republicans eager for Elon Musk's money to win an edge in the midterm elections would be wise to show some caution.
After felony conviction, Bobby George sues Statehouse leaders for rescinding grant money
A well-known family in Cleveland is suing Ohio Statehouse leaders after the politicians rescinded grant funding.
2 Baldwin men charged in sex trafficking scheme involving coded business cards
A federal grand jury has indicted two Baldwin County men on sex trafficking charges, alleging that they ferried women from Georgia to the Gulf Coast to have sex for money.
Situational Awareness, the hedge fund making headlines, explained
The fund’s abrupt downturn can be chalked up to a risky strategy of borrowing money to purchase stocks.
Jonesboro man charged with forgery after using movie prop money at business
A Jonesboro man was held on a $10,000 cash or surety bond before being released after police say he used motion picture money at a business.
N.C. raises concerns about FEMA Review Council's report
The council’s report does call for major changes, potentially putting state and local governments on the hook for more money.
The Streaming Bubble Keeps Popping
(Welcome to the Entertainment Strategy Guy, a newsletter on the entertainment industry and business strategy. I write a weekly Streaming Ratings Report and a bi-weekly strategy column, along with occasional deep dives into other topics, like today’s article. Please subscribe.) One of my rules is “never bet against PE [private equity]”. This isn’t to say that I agree with their methods or tactics or strategies or financial innovations (aka shenanigans). Just that in the long arc of financial history, they’ve tended to return very good returns to their shareholders. That said, their forays into entertainment have left me...skeptical. I’ve written before about PE’s production company/celebrity production company roll ups, and those haven’t really worked out. Some PE groups tried to “roll up” an industry that isn’t “roll-up-able” for lack of a better term—since the barrier to entry for starting a production company is very low—often paying top dollar for celebrity production companies at the height of streaming valuations. So yeah maybe we can bet against PE when they venture into filmed entertainment. I’ve also noted that studio lots seemed to be a bubble back in 2022. Sure enough… Yikes! That sure sounds like some private equity guys lost some money. The only caveat being that holding a lot of land in Los Angeles is always valuable. But that wasn’t the pitch and likely real estate investment companies overpaid for said land. I mean, Goldman Sachs had to repossess it after all. (Technically, I’m not sure these buyers were traditional private equity, but PE was buying LA studio lots earlier this decade.) All to say: I call out bubbles when I see them, and they often pop. Anywho, my most famous bubble call was the “streaming bubble”, specifically that the major streamers were making too many shows and films. And that it could all come crashing down. Notably, I made this call before the strikes of 2023, but those strikes potentially accelerated the popping. And now it has indeed popped. One of my most popular articles of last year made that exact case. A year later, it’s time to update that analysis. The bottom line is that the streaming contraction continues. Credit where credit is due, Luminate—an analytics company whose data I use weekly in my streaming ratings report—called this out in a recent report I saw highlighted in both Bloomberg and The Hollywood Reporter. But I’m adding my data to their look, including streaming films and kids TV shows. I’ll also provide some other data that all tells the same picture. Let’s dive in! Subscribe The Number of Streaming TV Shows, Films and Specials Is Declining AGAIN in 2026 Let’s get right to the data, starting with my dataset. Specifically, each week I track every “notable” title to come out on streaming. I try to grab every title on every major streamer, meaning if it’s a first run or original or exclusive, I track it. This helps me call out the “dogs not barking” and the misses/flops each week. So that will be our first series of charts, my weekly collection data. Let’s start with the raw TV show, film and special data, by week. Note: As the years have gone by, I have actually added more sources (going from just one source to five sources) to find new titles, meaning that this data collection is, likely, more accurate now than in the past. Which means my team and I are more likely to have undercounted titles in the past rather than today. I like to cut the data several different ways. Here’s that same look, by quarter, to more sharply show the trends: And here’s the data just looking at the first half of each year. That’s the same data, just cut three different ways with three different time periods. Note that films, TV shows, and specials are all down by 25%, 42% and 17%, respectively, from 2022. The good news is that the number of films and specials actually increased year-over-year from 2025 to 2026, but not enough to offset the 25% decline in TV shows. Now, I also look at kids shows, and here they are pulled out on their own: And here’s that by quarter: This really seems to be a notable area of pullback by the streamers. Kids shows are down 80% from 2022. This reflects some formerly Disney+ shows going to cable TV first, but also pullbacks from HBO Max, Prime Video and Netflix. I also categorize the TV shows by English language and non-English language, and that also reveals a lot of where the drop comes from: And here is by the half-year: In this look, the good news is the drop for English language shows seems to have stabilized in the last year. But the bad news is the long term decline from the 2022 peak. Other Data So I wasn’t the only person to notice this decline in the number of shows. I have a few other data sources for this, though most only go through the end of 2025. As I said, Luminate beat me to the punch, so let’s look at their data. We’re just getting started with this issue, but the rest is for paid subscribers of the Entertainment Strategy Guy, so if you’d like to find out… What TV loss streaming didn’t make up for... How Netflix has changed their programming slate over time… Ten more images charting the decline of production... What type of films aren’t being made anymore... The good news (for movie theaters)… And more... ...please subscribe! We can only keep doing this great work with your support.
What Are The Levers That Really Drive Up The Value Of Your Business?
Two business owners built almost identical companies, and one walked away with less than half the money.
Johnson's appeal, business instincts making his Legacy team Chase contenders
Jimmie Johnson's Legacy Motor Club has never made NASCAR's postseason, but with the money he's raising, the team owner has the Chase in his sights.
Say hello to my little foldable friend: this Galaxy Z Fold 8 costs $12,560
In this country, you gotta make the money first. Then when you get the money, you get the power. Then when you get the power, then you get this limited edition smartphone.
A bitter pill: are you wasting your money on supplements?
Will collagen make you look younger? Could magnesium help you sleep better? Or are the benefits overstated? A dietitian reveals which are worth taking
PS5's Monthly Active Users Increased Again, PS Plus Making More Money Than Ever
Things are looking pretty good
Exclusive | ‘The Boss Wants This Money’: Inside Trump’s Unprecedented Fundraising Operation
Meredith O’Rourke, nicknamed ‘princess of darkness,’ carries out the president’s desire to wring hundreds of millions from companies for his projects.
Chelsea Handler can’t believe Joe Rogan’s podcast generates this eye-watering amount of money
Chelsea Handler slams Joe Rogan’s salary after Forbes named him the highest-paid podcaster in 2026 with his Spotify podcast ‘The Joe Rogan Experience.’
Amtrak business class vs. coach: I liked the cheaper train ride
I rode business class and coach on an Amtrak train between New York City and Rochester. The perks in business class weren't worth the extra money.
Department of Development helps woman-owned business expand
The ODOD provided $97,106 in loans.
Mamdani takes heat from NYC business leaders over pied-à-terre tax
‘The Big Money Show’ discusses why NYC Mayor Zohran Mamdani's proposed pied-à-terre tax and publication of targeted property owners are fueling backlash from New York's business community.
Citing Trump, Schumer announces bill to create anti-corruption bureau
The bill would allow Americans to file a claim to recover money stolen from the public through government corruption
How Louisiana colleges will use an infusion of tax money for their sports programs
Scholarships and budget balancing are the main ways athletics programs at Louisiana colleges plan to use their allotments of tax revenue
Money has strangled sports. Now Fifa is putting soccer up for sale
Gianni Infantino’s plan for a Fifa subsidiary is odious – but it’s hard to feel surprised
The new "science golden age" looks suspiciously like a grift
This edition of PN is made possible by paid subscribers. Become one ⬇️ 🚀 Subscribe to PN 🚀 The Trump regime is trying to usher in a “Golden Age in Science” where scientific research is run like a Trump family business, artificial intelligence is all that matters, profit is everything, and expertise is for chumps. Or at least that’s the vision emerging from a new 123-page “Report to the President” from Michael Kratsios, the Director of the White House Office of Science and Technology Policy. In a normal administration, you could probably skip over learning about a science policy document — but this is no normal administration, and this is no normal science policy document. Instead, it’s Trump’s attempt to end the actual golden age of science that was kicked off in 1945 with the publication of '“The Endless Frontier” by Vannevar Bush. [ ](https://www.publicnotice.co/p/harmeet-dhillon-portland) [ Harmeet Dhillon demonstrates danger of posting through it ](https://www.publicnotice.co/p/harmeet-dhillon-portland) Liz Dye · Jul 29 [ Read full story ](https://www.publicnotice.co/p/harmeet-dhillon-portland) Bush, at President Franklin Delano Roosevelt’s request, laid out a vision of federal support for science that centered on funding universities to do basic research, saying that as long as those institutions were “vigorous and healthy and their scientists are free to pursue the truth wherever it may lead, there will be a flow of new scientific knowledge to those who can apply it to practical problems in Government, in industry, or elsewhere.” Kratsios’s report is supposed to be the successor to Bush’s, and even apes the format, but this isn’t really a document about science policy. It’s one about ending science research as we know it in favor of shoveling cash at big tech companies. While it might be temping to wave this away as an aspirational policy document, Trump has already begun to shift billions in research funds to AI projects and has taken a hatchet to science funding across the board. He’s teed up the shift Kratsios proposes here, and since neither Congress nor the Supreme Court seem inclined to stop him from doing whatever he wants with taxpayer money, it isn’t doomering or hyperbole to say we are staring down the barrel of a world where the only “science” the government intends to support is for-profit tech and defense advancements. Science for dummies Part of how you can tell this isn’t a document about science is that you are immediately faced with an absolute wall of business-speak of the worst sort. Did you know we must “tightly couple our science and technology enterprises to ensure that groundbreaking ideas invented in the United States are rapidly prototyped, tested, manufactured, and scaled domestically”? You do now! That tone isn’t surprising, because Kratsios has no background in science or research. He has a bachelor’s in political science and spent most of his career working for Peter Thiel at Thiel Capital. After a stint in the first Trump administration as Chief Technology Officer, where he also did not do any science, Kratsios was tasked in 2020 with overseeing the Pentagon’s research budget for a brief time, a position that, as the Wall Street Journal put it, “carries a great deal of power in terms of dictating investment allocations.” He spent the Biden years at Scale AI as “head of strategy,” which you will also note is neither a science nor a research job. But Scale AI has contracts with the Department of Defense and, as the Washington Post wrote in 2023, “has been aggressively pitching itself as the company that will help the US military in its existential battle with China.” And now you have the necessary background for our new golden age, which is going to be a golden age of taking money away from scientists and universities and giving it to companies like Scale AI. A note from Aaron: Working with brilliant contributors like Lisa takes resources. If you aren’t already a paid subscriber, please become one to support our work. 👇 Subscribe In a genuinely galling move, Katsios spends a lot of time slamming universities because of “administrative burdens on researchers” and the “well-documented inefficiencies” in academia, the message being that those damn universities waste the time of amazing researchers with paperwork. Except it’s the administration that is attempting to impose inefficient, unnecessary burdens on those researchers with a proposed Office of Management and Budget rule that would require senior political appointees to approve every science grant and ensure it aligns with Trump’s personal priorities. Researchers would also have to seek prior government approval to attend conferences or publicize their research. And political appointees could terminate any grant at any time if they feel like it. [ ](https://www.publicnotice.co/p/omb-rule-science-funding) [ The murder of expertise ](https://www.publicnotice.co/p/omb-rule-science-funding) Lisa Needham · Jun 11 [ Read full story ](https://www.publicnotice.co/p/omb-rule-science-funding) But when it comes to AI, we’re going to “restore permissionless innovation.” The report proposes to give lucky ducky innovators a pile of cash up front for grants lasting five years or longer, saying “awards should be fully-funded in year one, with all resources earmarked upfront, to minimize administrative burdens and reduce pressure for researchers to generate intermediate results to secure continued funding.” Yeah, wouldn’t want to have to make the Very Special Tech Bros show results or get money parceled out year by year like the plebes at universities. The report also proposes that we should have “fast grants” with “simplified applications requiring just a few pages of writing” because that is definitely how science works, just writing a bit off the dome and getting some cash. [ ](https://www.publicnotice.co/p/trump-ai-action-plan-altman-llms) [ Tech elites are turning AI into ChatGPTrump ](https://www.publicnotice.co/p/trump-ai-action-plan-altman-llms) Paul Waldman · July 29, 2025 [ Read full story ](https://www.publicnotice.co/p/trump-ai-action-plan-altman-llms) Oh, and we should have prizes and challenges, where multiple teams compete. The proposed prizes include incentives like “advance procurement commitments,” which means the federal government agrees to buy whatever is being developed. There’s also “regulatory fast-tracking,” making sure all those great AI thingies don’t have to wait too long to be unleashed on a market. These aren’t incentives to do science. These are incentives to develop things with tax dollars that you can then sell to the government for more tax dollars. In the suggestion that might be the most unhinged, the most very opposite of how both government and research work, our new age will include “golden tickets.” That’s where an individual reviewer in an agency — yes, just one person — can “recommend unconventional proposals that may not pass consensus-driven review panels” because somehow this will “surface valuable ideas too divisive for committees and attract higher quality reviewers by empowering them to exercise independent scientific judgment.” Yes, that’s saying that a random person in an agency should be able to shovel money at some idea even if it can’t pass a review panel, and that the opportunity to do so will attract better employees because apparently all the best minds in science are chomping at the bit to be allowed to unilaterally fund AI research based on their personal vibes. But that isn’t at all how actual science works, and actual scientists aren’t unhappy about review panels. They work collaboratively, not siloed in some secret race to create the next AI chatbot. A 2020 study by the National Bureau of Economic Research examined whether peer review panels succeed in helping agencies predict which research ideas will best advance science. Peer review was better at finding “diamond in the rough” applicants than a single government program official. How about that. Trump always wants a taste It’s painfully clear that what Katsios is trying to do here is turn the whole of government science research and funding into the sort of “move fast and break things” paradigm that is the hallmark of big tech. That method works to line the pockets of tech executives, but it isn’t science. There’s a reason the government funds different kinds of research than private tech companies do. What Katsios either fails to understand or deliberately ignores is that the federal government is the main funder of basic research precisely because it can take a long time for it to bear fruit and is not intended to be profitable as such. “Basic” here does not mean rudimentary or simple, but rather research that is designed to advance scientific knowledge instead of achieving a specific outcome or product. Big tech companies don’t widely fund that sort of research, because it doesn’t make them money. Industry dollars account for only about 20 percent of basic research funding, while the government contributes around 60 percent. Big tech companies and startups do, however, rely on and benefit from that basic research. A 2019 study found that 35 percent of all patents obtained by venture-backed startups from 1976 to 2016 cited federally supported research. Basic research funded by the NIH contributed to every single drug the FDA approved from 2010 to 2016. [ ](https://www.publicnotice.co/p/trump-saudi-nuclear-deal) [ The Saudi nuclear farce and governance by whim and meme ](https://www.publicnotice.co/p/trump-saudi-nuclear-deal) Noah Berlatsky · Jul 27 [ Read full story ](https://www.publicnotice.co/p/trump-saudi-nuclear-deal) Unlike inventing the next ChatGPT, actual science is slow and iterative. Government funding of research that, on its face, would not appear to lead to any big new invention is actually what underpins those big new inventions. If the government hadn’t funded research into desert lizard venom, we wouldn’t know about semaglutide, and we wouldn’t have Ozempic. If research scientists hadn’t studied how bees optimize nectar foraging within a colony, we wouldn’t have the algorithm that assigns internet traffic across computer servers. The report assiduously ignores that a symbiotic, profitable relationship between the federal government, universities, and private companies already exists. Each federal research dollar generates about $1.50 to $3.00 in long-term economic benefits. The $36 billion the government awarded in NIH research funding in fiscal year 2025 generated $94 billion in new economic activity. Trump’s proposed new golden age is intended to strip those billions from universities, resulting in the dismantling of departments and the shuttering of labs. But Katsios has a plan for that: Universities should just become trade schools to churn out no-show STEM degrees! “Require universities and community colleges to embed practical technical training and externships into STEM curricula. Let hands-on experience and industry credentials count toward degrees.” It’s quite the feat to, on the one hand, strip schools of funding for scientific research while simultaneously demanding to control what is taught and, oh, also, colleges need to give degrees to employees at big tech companies just for being employees at big tech companies. The new golden age would also exacerbate the brain drain Trump’s policies have already caused. Nature found that in the first quarter of 2025, US scientists submitted 32 percent more job applications abroad than in 2024. A March 2025 poll by Nature of roughly 1,600 scientists found that over 1,200 said they were considering leaving the country. Europe is investing $565 million to make it a “magnet for researchers” and provide funding for scientists who relocate. The new golden age is also about embedding Trump’s xenophobia into the fabric of American science. The report complains of an “over-reliance on foreign students” that “creates a security challenge our institutions are ill-equipped to address” and that a “reliance on foreign talent sidelines American students.” This is, to put it mildly, nonsense. International students pay far higher tuition and often receive no financial aid. Their tuition dollars are what make it possible for American students to get financial aid. In the 2023-2024 school year alone, international students contributed $43.8 billion to the US economy and supported over 378,000 jobs. Those 1.1 million international students accounted for only six percent of the total number of students in higher education that year, but were such an economic engine that for every three international students, one job was created or supported. It’s impossible not to wonder whether part of Trump’s loathing for universities and their leading role in scientific research is that there is no way for him to corrupt the process and make money off it in the same way he can by giving millions and billions to Silicon Valley types who, in turn, give him millions in cash. There’s no way for his children to invest in universities that the government then gives no-bid contracts to, fattening the family’s bottom line, which is pretty much the Trump sons’ current venture capital practice. Trump and Katsios’s view of science is narrow, cramped, and wrong. We’re not in a crisis, we’re not a failed state. We’ve been a science superpower for decades, and the only thing that threatens that is Donald Trump. Tech bros are already living high off the hog in this administration. They don’t need any more of our tax dollars. Hopefully this new golden age never comes to pass. Thanks for reading Public Notice. This post is public so feel free to share it. Share We’ll be back with more tomorrow. If you appreciate today’s PN, please do your part to keep us free by signing up for a paid subscription. 🚀 Subscribe to PN 🚀 Thanks for reading, and for your support.
Woman accused of stealing over $200k from Fort Myers business, spending money on online gambling
A Cape Coral woman is accused of stealing over $200,000 from her place of work and spending it on online gambling currency, according to the Lee County Sheriff's Office.
The US ‘golden age’ science strategy: what Europeans need to know
The US has unveiled what officials claim is the most radical overhaul of the public R&D system in a generation, which if implemented could have significant implications for transatlantic research collaboration. Science: A New Golden Age derides universities as “legacy institutions” and instead wants to prioritise funding on technological challenges, new research labs and funding that follows individual scientists, rather than being linked to their institutions. “Too much of our research enterprise has come to serve itself rather than the scientists within it,” writes Michael Kratsios, director of the White House’s Office of Science and Technology Policy (OSTP), the only named author of the report. “Federal funding agencies should support a broader range of performers.” But some critics argue that the strategy is a smokescreen, using genuine problems in academia as an excuse to further weaken US universities, which US vice-president JD Vance has labelled “the enemy..”Even as it talks of a “golden age” for science, the White House has proposed halving the 2027 budget of the US National Science Foundation (NSF), and has put forward double-digit cuts for other funding bodies, such as the National Institutes for Health. It asked for similarly steep savings in 2026, but Congress stopped them going through. Science: A New Golden Age says success will be measured by the extent to which scientists are “free” to pursue the most “vital questions,,” painting academia as currently hidebound by bureaucracy, sluggishness and consensual conservatism. And yet the Trump administration is simultaneously planning new rules that will hand political appointees unprecedented powers to screen and cancel grants. The report has pretentions to be the successor to Science: The Endless Frontier, the seminal 1945 document in which presidential science advisor Vannevar Bush set out the case for post-war government funding of basic research, helping to spur the creation of funders such as the NSF. Even the title page font is the same. But it remains unclear if the latest report will leave anything like as lasting a legacy.Here, Science|Business explains some of the biggest proposed changes in Science: A New Golden Age, and how Europeans think it might change the landscape of their biggest science partner.Universities under fireA key target of the report are US universities, which it repeatedly suggests are outmoded as research institutions. It criticises the NSF for channelling resources “overwhelmingly to a single type of performer, the university-based, principal investigator-led research group..” Universities “extract” money from researchers’ grants to support “growing administrative bloat,” alongside legitimate uses. The Trump administration has been trying to cut the overhead costs in federal research grants that flow to universities. Instead, new institutions are being built. In May, the NSF announced it would spend $1.5 billion on two new so-called X-Labs, focused on scientific instrumentation and quantum systems. The idea is that they fill a niche in the landscape, tackling problems that are too big for a university lab, but too early stage for private start-up funding. Parallel with Europe?This shift to new research organisations parallels moves in Europe to set up new innovation agencies, such as Germany’s Sprind, the UK’s Advanced Research and Invention Agency, and the EU’s European Innovation Council. The Dutch and French governments are looking to set up their own entities too. There’s now an emerging consensus, evident in a number of new strategies, that public R&D needs to be shaken up, Charles McIvor, an economist at the OECD, has written in response to Kratsios’s plans. “What stands out for me across these strategies [in the US, Germany, South Korea and Japan] is that governments are realising that the old ways of delivering STI [science, technology and innovation] programming no longer works,” he said in a LinkedIn post. Metascience wins?The document is, at least on the face of it, also a big win for some policy thinkers in the US who want far more experimentation with new forms of research grant and institution.It name-checks a litany of new public R&D ideas, from focused research organisations and advance market commitments to “golden tickets,” which allow grant reviewers the power to hand applicants money without requiring the consensus of other review panellists.Related articlesEuropean researchers sound the alarm that Trump rule changes will hit cooperationFocused research organisations: what are they, and how do you set them up? NIH turmoil risks reciprocal EU-US access to health research funding In addition, every federal research funding agency should set up a metascience unit, the strategy says, “with authority to run controlled experiments on review and funding mechanisms.” The UK has already set one up, the strategy points out. This mirrors recommendations to the European Commission. In 2024, a report led by former Portuguese science minister Manuel Heitor also advised the EU to set up an “experimental unit” to test out new methods of funding research. So far, however, Brussels hasn’t put forward any plans to do so. Bypass universitiesBut there’s a worry that the Trump administration is using the metascience movement to justify an overhaul of public R&D that punishes universities, which it sees as centres of political resistance. Last year, it threatened to cut Harvard University’s federal funding unless it hired and admitted a “critical mass” of new faculty and students to create “viewpoint diversity” across campus. It’s also attempted to strip academics of funding for working on politically forbidden areas, like LGBTIQ people’s health.The new strategy appears to be a “move to bypass the power of universities full stop and allow funders and political bureaucracies to handpick the projects and people who will execute them,” said Jean-Claude Burgelman, a former senior official in the Commission’s research directorate, on LinkedIn.The EU’s science counsellor in Washington, Florent Bernard, wrote that the plans risk diverting public research funding so that it “solely serves private interests.” “Who, if not independent universities, will do research that demonstrates the impact of tobacco on lung cancer or the role of human activities in our current climate crisis?” he wrote.Should we take it seriously?“I would view the overall document as a bad faith argument,” said Cole Donovan, director of science policy at the campaigning group Stand Up for Science, and a former OSTP official. “I don’t see the project itself as something that can be isolated from the broader attack on the system.” He thinks the argument that academia has become dysfunctional and in need of radical reform is being deployed as part of a “PR argument” to legitimate moves against US scientists. The strategy presents ideas like metascience units as new, whereas there were moves to set them up at the NSF during the previous administration of Joe Biden, Donovan said. The other caveat here is that the OSTP has limited power to carry out any of these recommendations. While Kratsios has issued a memo to research agencies telling them to implement the recommendations in the report, he doesn’t have direct budgetary control. “As a former OSTPer myself, this does not seem like a document that is realistic,” said Donovan.
Trump blew billions on Iran instead of keeping you insured
President Donald Trump blew more money in five months of war with Iran than it would have cost us to keep millions of Americans insured for the year.
In a sport obsessed by money, is Gianni Infantino’s indecent proposal really such a surprise?
Against the backdrop of the most lucrative World Cup ever, Infantino and FIFA think they may as well crack on - strike while the iron's hot
Trump administration to dispense $600M for vaccines RFK Jr. held up
The Health secretary said the group Congress had directed the money, to vaccinate children in poor countries, was using dangerous shots. The administration says it has secured reforms.
Supreme Court decision could help Whatley financially in Senate race
The court struck down federal limits on how much money political parties can spend in coordination with federal candidates, eliminating limits.
T. Rowe Price's Tony Wang: Meta's core business needs to be growing above expectations
Tony Wang, T. Rowe Price, joins 'Fast Money' to talk Microsoft and Meta earnings.
Federal appeals court hears Maine test case on regulating super PACs
The U.S. Supreme Court’s landmark decision that struck down limits on independent political spending does not need to be overturned to rein in Big Money in politics, Neal Katyal argued before the U.S. Court of Appeals for the First Circuit in Boston on Wednesday in defense of Maine’s 2024 referendum regulating political spending.
Meta’s Reality Labs lost over $4.6 billion in second quarter
Meta's Reality Labs unit, which develops virtual reality and wearable devices, continues losing money.
NC budget funded a legislator's gated community, but the money could be taken back
The N.C. Senate has passed a bill that would take back a budget allocation for state Rep. Joe Pike's neighborhood in Harnett County.
MLB Predictions and Moneyline Picks for Wednesday, July 29
Here are the MLB moneyline leans and insights from Colby Marchio. Check out all of the underdogs he's backing on July 29!
How to get presale tickets for Jon Stewart, Pete Davidson’s 9/11 comedy benefit at MSG
"NYC Still Rising After 25 Years" will raise money for organizations supporting the 9/11 community.
MLB Expert Picks & Baseball Predictions July 29
MLB expert picks and moneyline, run line, and Over/Under predictions for July 29, featuring the Dodgers, Yankees, and Rays.
Can Anyone Spare a Buck For Texas?
One of America’s most competitive Senate races features a surprising dynamic: No Republicans are spending money yet.
The Science Behind the AI Panic Is Shakier Than You Think
A column by Sascha Lobo Is AI making us dumb? So asked DER SPIEGEL on its cover a while ago. After a few weeks of recovery and a therapeutic intervention with the help of my AI, I feel able to respond. That’s a bit unfair, of course; the article itself is more nuanced than the loud cover, the image of a schoolkid with dull prompt questions, or the subtitle: “AI is conquering the schools, and educators fear a disaster.” The short answer to “Is AI making us dumb?” is: no. The long answer is more interesting, and even carries a preliminary glimmer of the spectacular. Unfortunately, it requires a detour into the sphere of artificial intelligence, into the mogul-field terrain of technology assessment, the attention economy, and the destructive virus of cultural pessimism. Along with narrowing the scope to AI’s effects on education and work rather than on intelligence. Because the honest version of the question would be: Does AI help us learn and work, or not? Generative AI, which set off the still-ongoing hype with ChatGPT, has only existed in relevant distribution since late 2022, early 2023. For a technology-driven transformation of people and society, that is extremely short. For that reason alone, research is still in its infancy. And technology assessment is not a fast discipline anyway. Prominent voices from Elizabeth Eisenstein to RAND to Tom Wheeler say we still cannot conclusively judge the consequences of the printing press. Its invention is a mere 580 years back, and some scholars would rather not circulate assessments that might have to be retracted in two or three hundred years. We’re Going Through Growing Pains A phenomenon that already caused upheaval in social media research makes serious assessment of AI’s consequences even harder: the “moving target” problem of LLM-ology, as the linguist Sean Trott called it in 2025. AI develops so quickly and so unpredictably that researchers often end up studying snapshots of the past. There are concepts, from morphological analysis to anticipatory governance, for keeping research, planning, and regulation halfway meaningful anyway. But even with those, universally valid statements are rare. DER SPIEGEL - The German View is a reader-supported publication. To receive new posts and support our work, consider becoming a free or paid subscriber. Subscribe We should therefore treat findings about the interplay between humans and AI as far more procedural and situational. Unfortunately, this challenge comes at the worst possible time. We are going through growing pains: AI’s everyday impact has grown very large very fast, and with it the longing for guidance. Annoyingly, the body of solid knowledge has not exploded along with it. Experts cannot be moved to broad consensus on even banal statements about AI. Sascha Lobo, born in 1975, is an author and strategy consultant focusing on the internet and digital technologies. Together with Jule Lobo, he explores the debates of the day in the podcast “Feel the News – Was Deutschland bewegt” (”What Moves Germany”). Nvidia CEO Jensen Huang says software developers are dying out. Bill Gates considers coders one of only three professions that will survive the AI tsunami. Top tech economists find virtually irrefutable arguments both for and against an AI bubble. The same naturally applies to the structurally youth-hostile debate over whether AI is good or bad for young people. The gap between the demand for insight and the supply of solid knowledge creates an orientation vacuum. This vacuum of AI cluelessness is filled, as the attention economy described by Georg Franck in 1998 would have it, with half-knowledge (funnily enough, often AI-generated), marketing, and self-marketing. After all, infinite money is at stake, along with academia’s best current shot at global fame. But this iridescent froth of interpretation operates more by the algorithmic principles of the digital public sphere than by seriously earned insight. That is why dramatized, fear-feeding claims about AI are so promising. It tempts parts of academia into distorted drivel, and parts of the media then sensationalize the published drivel once more. Was the Research Aimed at a Desired Result? How badly this can influence academia and public perception is demonstrated by one of the most-discussed studies on AI’s effects: “Your Brain on ChatGPT.” The MIT study by Nataliya Kosmyna also gets plenty of space in the SPIEGEL cover story. What was measured and interpreted: lower brain activity in people who write with AI assistance, compared to people who only google or write without any tools. As is common with preprints, the study has not yet been peer-reviewed, and it contains substantial weaknesses that experts have sharply criticized. The first round had 54 participants in three groups, the second only 18, who reportedly also came from MIT’s own orbit. There was no preregistration (committing in advance to what you want to find out with which data). In their analysis, Stanković et al. even discovered an opposite effect that the study does not further explain. Some measurement data has not (yet) been published. And the EEG analysis method used is considered too imprecise to support such far-reaching conclusions. The biggest criticism, though, is the suspicion of an activism-driven study. In an interview with Time, lead author Kosmyna said she published the study immediately, rather than after full peer review, because she feared politicians might otherwise decide to put ChatGPT in kindergartens. She considers that absolutely harmful. It is legitimate to hold such a view. It just seems unscientific to approach a study with it, and then to design the setup so that the chance of a fitting desired result remains as high as possible. Ideologies Collide It is not easy to separate genuine AI insights from studies that trivialize and weaken well-founded AI criticism. The same goes for the opposing, AI-enthusiastic narratives, because the pro-AI side works against it with billions in resources. Ideologies collide, fed by egos, PR strategies, moral posturing, and once-in-a-lifetime opportunities. Doomsday marketing makes the search even harder: AI companies can profit from warnings about the dangers of AI, whether through the notoriety of apocalypse narratives or because, in some target groups, danger translates into power. Some seemingly negative findings are therefore quite welcome in the AI industry. If you try to get at the findings presumably less influenced by interest groups, the picture in education seems relatively clear: AI can improve educational outcomes when the right AI is used the right way, namely pedagogically. Simply dumping an AI chatbot into a classroom, by contrast, accomplishes little. Huge surprise. But something else is also obvious: whether they are allowed to or not, kids use AI for school, which is why the controlled integration of AI tools into education is, in the medium term, entirely without alternative. In the world of work, the landscape of findings is more complex and requires more differentiation. A series of serious studies points to an AI effect that suits neither the alarmists, regulation fetishists, and AI opponents, nor the trillion-dollar corporations with their armada of paid scientists, PR professionals, and ecosystems: working with AI helps the inexperienced (at least for now) considerably more than it helps the pros, in certain fields of work, and provided they know how to use it correctly. Missing Domain Knowledge Among the experienced, the professionals, and the high flyers, by contrast, despite frequent time savings, partially negative effects and new problems are emerging. Take the jagged frontier problem: AI solves task A brilliantly and fails completely at task B, even though both look similar even to professionals. Or the verification-cost problem, in which AI’s greater productivity gets eaten up by the enormous effort of checking its output. Or the illusion of competence, because AI makes new domains seem easily penetrable, until you painfully discover that deep domain knowledge is missing. Taken as a whole, the effects of working with AI do lean positive. But the promise that AI works as a turbocharger for everyone and boosts practically everything simply refuses to materialize. The AI magic the world has been feeling since ChatGPT arrived in late 2022 has so far barely shown up in most companies’ numbers. The consulting firm McKinsey has coined a term for this, the “gen AI paradox,” and believes that work processes and corporate structures would have to be rebuilt quite fundamentally to realize AI’s benefits at scale. Reuters just reported that only 3.3 percent of Microsoft’s customers have subscribed to the AI package Copilot. That may be down to the product; in other areas we continue to see soaring successes and new AI triumphs. But after the first quarter of 2026, disillusionment is the word for all too many AI projects at traditional companies: because the promised revolution of AI agents has so far failed to arrive or been postponed, and because of the leveling effect that many of the studies cited here suggest. Against Inequality The societal effects, on the other hand, appear rather encouraging. Many previous technologies operated on the Matthew principle, named for the Gospel verse about giving to those who already have: they tended to reward the more competent and more privileged. AI, however, seems more often to have an equalizing effect once a threshold of access and education is crossed. Some anecdotal insights point in this direction, for example, how an unemployed man in Leipzig successfully defended himself in court in 2025 against fraud accusations from Germany’s federal employment agency — without a lawyer, armed only with ChatGPT. The AI made mistakes and cited invented court rulings, but in the end the man walked away unpunished. And a key capability of artificial intelligence is its capacity to learn: set up correctly and fed with data, it can keep getting better. It is a question of time, or more precisely of AI innovations and training data, until even free AI chatbots write better legal briefs than law graduates with perfect exam scores. Whether that will make anyone dumb is something the world’s press will surely inform us of in due time. Subscribe Leave a comment
Maryland pay dispute could hit local businesses, economists say
Finding money to increase wages in Maryland, economists said, is a complicated endeavor.
I Hate Adobe
Adobe is a wretched, exploitative company that loves generative AI. Many are coerced into paying money for their software and the software runs like garbage.
Earn Some Crazy Money Early by Testing the New Crazy Taxi on PS5
Closed beta coming in September
Eagles Invest Big on Jalen Carter With Record-Setting Extension
It turns out the Philadelphia Eagles were willing to make Jalen Carter the NFL's highest-paid defensive tackle after all. The Eagles locked in Carter to a four-year, $152 million contract with $106 million in guaranteed money, according to ESPN's Adam Schefter. Carter's contract could be worth up to $40 million annually and will run through 2031.
House committee passes Foreign Funding Transparency Act to expose foreign donations to nonprofits
The Foreign Funding Transparency Act targets foreign nationals funneling money through tax-exempt organizations to political committees in the U.S.
MLB Expert Picks & Baseball Predictions July 28
MLB expert picks and moneyline, run line, and Over/Under predictions for July 28, featuring the Reds, Red Sox, and Mets.
Police: Suspect took money at gunpoint from Northside Drive business
The suspect was last seen wearing a camouflage jacket, black jeans and red shoes.
July 28 Playbook: Boyle Talks Politics, Political Future
⚡ Good Morning. Could be an active day in the Commonwealth. Headlines. Boyle Gives History Lesson at PA Press Club. McCormick Says Iran War Costs Won't Take Away From Defense Tech Investments. More Broadband Money Set to Flow Into PA. Animal House at 46 🎶 Your Morning Pick Me Up.…
The 99 Percent Funding Rule Every Founder Should Know Before Borrowing Money
Every funding approach has its purpose. The key is to find the approach that's best for what you need.
Dems clash over AIPAC money, ‘ogre’ attack and electability during crucial Senate debate
El-Sayed refused to apoelogize for the “ogre on a pike" remark that drew backlash from fellow Democrats, while Haley Stevens slammed him over his unreleased tax returns and roughly $300k in outside income.
‘Money Out of Politics’ proposal in Michigan moves closer to November ballot
The Michigan Board of State Canvassers voted 3-1 Friday to certify the ballot drive.
Fight over anti-corporate spending initiative brings in big money
The filings came three days after the Board of State Canvassers certified the measure, which means it will appear on the November ballot unless the Legislature adopts the bill first.
‘Money out of politics’ proposal cleared for Michigan ballot
Michigan voters may decide this fall whether to ban political spending by regulated utilities and large government contractors in state elections
'Money out of politics' proposal cleared for Michigan ballot
Michigan voters may decide this fall whether to ban political spending by regulated utilities and large government contractors in state elections.
‘Money out of politics’ proposal cleared for Michigan ballot
Voters will likely have the chance to decide this fall whether to ban political spending in state elections by Michigan’s regulated utilities and large government contractors.
Jim DeNiro paints Joe Neunder’s Sarasota County record as political fairy tale in AI attack ad
The ad hits Neunder on a Hillary Clinton donation, developer money and a record county budget.
My spouse is spending all our money
Therapist Jordan Alam answers a question from a reader: "My spouse is spending money needlessly and depleting our nest egg. What should I do?"
MLB Predictions and Moneyline Picks for Monday, July 27
Monday, July 27th moneyline leans and insights from Colby Marchio. Check out the underdogs he's backing this evening!
Even China’s A.I. Powerhouses Can’t Figure Out How to Profit Off A.I.
Chinese A.I. models are gaining ground. But the companies behind them do not have a clear strategy to make money from that success.
Kendall Qualls' running mate, picked for business acumen, owes workers money
Brian Nicholson told his workers earlier this month at an Albertville manufacturer that he was doing everything in his power — and even seeking divine intervention — to strike one of five “Hail Mary” deals so he could pay them what they’re owed. “I’m praying on my knees every night before I go to bed […]
Southern's Nelson Mandela Give Day Kick-Off Social raising money for social science education
Southern's Nelson Mandela Give Day Kick-Off Social raising money for social science education
Follow the Money: UK trustees keep giving big to Beshear
FRANKFORT – Ruth Day contributed another $15,000 to the Kentucky Democratic Party on June 16, ten days before Gov. Andy Beshear appointed her to the University of Kentucky Board of Trustees.
Money in Ann Arbor politics: Where does it come from, and where does it go?
Pre-election campaign finance statements for candidates of the Aug. 4 Ann Arbor mayoral and City Council primaries were due Friday. The statements report all campaign contributions and expenditures — from five-figure donations, to a $3.99 purchase of water made by mayoral candidate Yousef Rabhi’s campaign. Collectively, candidates for mayor and City Council have raised more […]
Big money backs Moné Holder's bid to flip Jax City Council seat
A commission chair gets some help down the stretch.
Polo for Preemies fundraiser raises money for Crouse Health NICU
Families gathered at the Skaneateles Polo Club for the ninth annual Polo for Preemies event, raising money to support the neonatal intensive care unit at Crouse
Big Tech’s Money Men Don’t Care About the Backlash
Meet the two political brawlers unleashing the AI industry’s massive cash on the midterms.
Inside the Phone-Throwing Drama at the Troubled, Broke Democratic Party
The Democrats should be well positioned to make gains in this year’s midterms. But inside party headquarters, every week brings paranoia, worries about money and, on occasion, emotional eruptions.
Opinion | Boston's traffic troubles: Elected officials need to act now
If you’re driving into the city you’re going to pay. It’s just a question of whether you pay with your time, or your money.
‘OnlyMarms’: Marmots Are on OnlyFans to Raise Money for Research
A team of scientists uploaded videos of the squirrel-like rodents in the wild on the adult-content site OnlyFans to raise money amid government budget cuts.
Founder-Led Growth Is Replacing The Old Business Playbook
Most of the money founders spend on growth adds complexity and never builds trust. Here are the 4 parts of founder-led growth that make people buy before you pitch.
How my family spent $8,600 on a 6-day trip to Disney World, Universal
On our family trip to Orlando, we spent the bulk of our money on flights, two hotel rooms, and park tickets. We saved money using crdit card points.
'Money out of Politics' initiative moves forward after signature inquest
The Michiganders for Money out of Politics proposal survived an inquiry into its signatures, with canvassers approving the proposal July 24.
Election board allows money-out-of-politics initiative to move forward
The Michigan Board of State Canvassers has determined the "Michiganders for Money Out of Politics" campaign to ban some companies from making political donations has gathered just enough signatures from registered voters to move ahead.
Why the new 'Spaceballs' sequel isn't called 'The Search for More Money'
Director Josh Greenbaum supports Mel Brooks' comedy call.
‘Money out of politics’ proposal cleared for Michigan ballot
A group seeking to ban political spending by regulated utilities and large state contractors submitted enough signatures to put its proposal on Michigan’s general election ballot, a bipartisan board determined Friday.
State canvassers finds Michigan’s ‘Money out of Politics’ effort has sufficient valid signatures
Valid signatures for the Michiganders for Money Out Of Politics ballot petition were determined to be sufficient on Friday after a close call by the Board of State Canvassers. However, the board must still determine if the wording of the proposed petition meets legal standards.
Primary voters rejected big money in politics
While we’re in an election campaign lull between now and Labor Day, we have time to consider the impact of $102 million in campaign contributions in the primary. In the general election, more money will fill candidate campaign coffers, and from the looks of things, ballot initiatives will get plenty of attention as well. The […]
Corporation aims to boost MSU sports revenue. Should it operate in secret?
MSU’s secrecy around Spartan Media Ventures, a new for-profit corporation formed to raise money for sports programs, has some concerned — including members of the university’s own Board of Trustees.
Creator economy platform Patreon cuts 20% of staff in new layoffs
Patreon, which helps creators like YouTubers and podcasters make money, is laying off staff. The creator economy company said it needs to trim costs.
People paid big money for Halo: Campaign Evolved's early access on Xbox and they aren't getting it
Reports are coming in of people unable to play Halo: Campaign Evolved's early access via its Premium Edition or Premium Edition Upgrade on the Xbox, but the developers are on the case to fix it
Colorado’s primary proved in this political climate money doesn’t buy electoral happiness
To catch you up, campaign committees from this 2026 election cycle already collected and shoveled out a lot of cash: $102.64 million. That’s contributions in all forms — dollars, in kind, loans, etc. — from December 2024 to now. Total expenditures just for advertising amount to $32.94 million. More to come for the general election. […]
State board to look at MI Money Out of Politics signatures
A bipartisan state elections board meets Friday to decide if the campaign to ban political committees linked to utilities and public contractors has gathered enough signatures to qualify for the November ballot.
UNC turns to LLC model as college sports money game shifts
UNC is creating an LLC to manage key athletics programs, aiming for more flexibility and new revenue in a fast-changing college sports landscape.
White House Science Report Calls For Reducing University Research Funding
A White House report calls for reduced funding for universities and argues that the government should re-allocate much of the money to the “individual scientist” instead.
Why Republicans are joining the fight against money in politics
Long assumed to be an issue exclusively of the left, it is a top issue of concern among Republican voters.
Josh Shapiro may be the biggest fundraising juggernaut Pennsylvania politics has ever produced
As the governor seeks reelection with an eye on a presidential run, he’s raising more money than any Pennsylvania chief executive since at least 2010.
Public Health Improvements Stall Amid Trump’s DEI Crackdown
A year after the Environmental Protection Agency stripped grant money from dozens of communities nationwide during Trump’s DEI crackdown, a small Georgia city is struggling to address environmental health concerns.
Mental health intervention reduces aggression and reoffending among violent offenders
Prisoners convicted of serious violent offences were found to be less aggressive and less likely to reoffend following a mental health intervention which could save money and reduce harm to society, according to new research led by King's College London.
GM doesn't get enough credit for strength in its pickup business, says Jim Cramer
'Mad Money' host Jim Cramer takes a closer look at GM stock after the company reported earnings.
Trump’s Plan for Science: More Money for A.I., Less for Universities
Michael Kratsios, President Trump’s science adviser, proposed overhauling how the government funds research. Democrats said Mr. Trump’s actions had weakened science.
Trump’s Plan for Science: More Money for A.I., Less for Universities
Michael Kratsios, President Trump’s science adviser, proposed overhauling how the government funds research. Democrats said Mr. Trump’s actions had weakened science.
WNBA All-Star Renee Montgomery talks the future of women's sports
Renee Montgomery, former WNBA player, joins 'Fast Money' to talk the future of women's sports as investments and audiences grow.
Why aren’t health insurers rushing to cover GLP-1 prescriptions for beneficial weight loss?
In theory, GLP-1 receptor agonist drugs like semaglutide and tirzepatide should save a lot of money for the health insurers that pay for them. As it turns out, the lived reality is not keeping pace with the idealistic expectation.
House takes first step to unlock Iran war funding — but fate in Senate uncertain, with measure tied to ‘SAVE America Act’
The House of Representatives on Wednesday took the first step toward funding President Donald Trump’s war with Iran, as well as approving tens of billions in additional Pentagon money and aid for US farmers.
House Republicans adopt $95 billion package for the Iran war and Trump's priorities
Democrats argued the money should be spent at home, particularly on efforts to lower costs for Americans.
House Republicans push $95 billion package to help pay for Iran war
Democrats argued the money should be spent at home
House Republicans push $95 billion package to help pay for Iran war
Democrats argued the money should be spent at home
Choctaw Casinos launches free-to-play sports prediction app
Choctaw Casinos & Resorts launched Choctaw Sports, a free-to-play app for sports predictions without real-money wagering, expanding digital gaming in Oklahoma.
Republican blocks bill to halt retrofit of Qatari-gifted Air Force One
Democrats have been trying to stop the Pentagon from spending more money on the luxury jet, which they call an "illegal" gift.
If You Aren't Going To BlizzCon 2026, You Can Still Spend Money Like You Are
Cosmetic bundles for Blizzard's biggest games are live now.
Meet the Western states making the case that money isn't political speech
Who should have more power — the people or corporations? For legislators in Hawaii and Montana, the answer is most definitely the former.
Dynasty Financial Partners's Latest Innovations
Houston-based registered investment advisor Americana Partners has stepped into a new avenue, having established a division catering to wealthy clients in the sports and entertainment industries. The new unit will serve athletes, entertainers, creators, agents, and coaches with support from former athletes, entertainment executives, and financial professionals. The division will offer wealth management services and other offerings, including income diversification, brand protection, intellectual property strategies, tax planning, and investment management. For clients in the entertainment sector, ...
Dark money group emerges to bankroll pro-Stevens ads in Senate race
The group A Stronger Michigan is mostly funded by Center Forward, a nonprofit organization that has ties to major corporations and industry groups.