For the 3rd month in row, AI was the #1 reason for job cuts in the US.
88k job cuts were attributed to AI so far this year, a 60% increase over the AI-driven job cuts in all of 2025.
https://t.co/notk7mWk7Z
NVIDIA today unveiled NVIDIA RTX Spark™, a new superchip that reinvents Windows PCs for the era of personal AI agents — offering a new class of computer that moves from tool to teammate.
https://t.co/bb5HVplilL
Noninvasive imaging could replace finger pricks for people with diabetes.
MIT engineers show they can accurately measure blood glucose by shining near-infrared light on the skin.
https://t.co/Jq6hdJF4MD
#Russia: At least 40% of Russia's oil export capacity is at a halt following Ukrainian drone attacks, a disputed attack on a major pipeline and the seizure of tankers, according to Reuters calculations based on market data.
The shutdown is the most severe oil supply disruption in the modern history of Russia, the world's second largest oil exporter, and has hit Moscow just as oil prices exceeded $100 a barrel due to the Iran war.
#OOTT
Fertilizer shortages begin to bite:
Wheat farmers in Australia are paring back plantings due to concerns over fertilizer supplies amid the war in Iran.
Farmers are weighing sowing less wheat and more oilseeds and pulses, such as lentils, canola and barley, in hopes of better returns.
The planting decisions farmers make now could weigh on global supply into 2027, with Australia's winter plantings set to begin within weeks.
https://t.co/GDKYAji9J5
There are now 961k more Unemployed Persons than Job Openings in the US. Excluding the 2020 covid recession, this is the widest spread we've seen since 2017. Labor market continues to cool...
US job openings are now at recession levels:
US job openings dropped -386,000 in December, to 6.5 million, the lowest since September 2020.
Over the last 2 months, job openings have declined -907,000, the biggest 2-month drop since March 2023.
The number of available vacancies has plummeted -5.6 million since the March 2022 peak.
This is now below levels seen before the pandemic in 2018 and 2019, at ~7.0 million.
As a result, the ratio of available vacancies to unemployed workers is down to 0.87, the lowest since February 2021, and significantly below the pre-pandemic high of 1.24.
This is also below the levels recorded during the 2001 recession.
US job market weakness is accelerating.
If you want a guess as to what Kevin Warsh -- who throughout the Obama years was a devout hawk -- told the President to win the job of Fed Chair, I think this clip might give you a sense of it. (This is from late October.)
La "polizia" ICE, apparentemente senza un valido motivo, ha ucciso un giovane uomo onesto di origini italiane. Ho viaggiato spesso in USA per motivi di lavoro e studio, ho sempre ammirato gli USA e mi sono sempre trovato bene. Oggi non li riconosco più.
https://t.co/x4O53G8Mr0