New bid for TikTok from Perplexity AI could give US government 50% stake

by mikej222 | Jan 26, 2025 | Uncategorized

This post was originally published on this siteUnder the proposal, ByteDance would contribute TikTok’s U.S. business without the proprietary algorithm that fuels what users see on the app. Read...

Trump orders 25% tariff on Colombia after the South American country rejected US military flights carrying deported migrants

by mikej222 | Jan 26, 2025 | Uncategorized

This post was originally published on this siteTrump explained that he ordered “25% tariffs on all goods coming into the United States,” which would be raised to 50% in one week. Read...

The Russian war economy is facing a ‘moment of truth’ as Putin’s dwindling cash reserves raise odds of a financial crash, expert says

by mikej222 | Jan 26, 2025 | Uncategorized

This post was originally published on this site“As the risk of a financial crash rises, Russia’s imperiled economy is about to pose serious constraints on Putin’s war.” Read...

Bill Gates says the odds of another pandemic in the next 4 years are 10%-15%, and we’re not prepared

by mikej222 | Jan 26, 2025 | Uncategorized

This post was originally published on this siteThe billionaire philanthropist and Microsoft cofounder thinks the world is poised to make the same mistakes from the last pandemic. Read...

Listed rents soared more than 200% in parts of LA after the wildfires, despite anti-gouging rules

by mikej222 | Jan 26, 2025 | Uncategorized

This post was originally published on this siteSherman Oaks, a neighborhood in LA’s San Fernando Valley, saw rent shoot up 266%, according to a Washington Post analysis of data from RentCast. Read...

Despite Trump’s demand that the Fed cut rates, Wall Street increasingly sees the exact opposite happening

by mikej222 | Jan 26, 2025 | Uncategorized

This post was originally published on this site“We don’t believe the Fed will cut rates in 2025 — we don’t even believe the Fed is done.” Read...