Aeppel

There's a niche industry that makes backpacks for dogs.

A MAGA Senator Promised Hope for a Dying Ohio Mill. Then Reality Set In.

Good read: A MAGA Senator gave hope for a dying paper mill in Ohio. Then reality set in . . . www.nytimes.com/2025/11/09/b...

POLITICO writes an entire piece today about this chart — and the political vulnerabilities that accompany it.

The Shutdown of U.S.A.I.D. Has Already Killed Hundreds of Thousands The short documentary “Rovina’s Choice” tells the story of what goes when aid goes.

“As of November 5th, it estimated that U.S.A.I.D.’s dismantling has already caused the deaths of six hundred thousand people, two-thirds of them children.” www.newyorker.com/culture/the-...

“.. The economy is increasingly dependent on ‘three narrow, interconnected 'A-pillars':

1) affluent consumers

2) artificial intelligence-fueled investment

3) asset price gains”

@bloomberg.com
www.bloomberg.com/news/article...

Explainer: When will US air travel be back to normal? Not this week Despite hopes the federal government shutdown could end this week, air travelers in the United States are still in for a rough few days of cancellations and delays nationwide before taking to the skies gets back to normal.

Explainer: When will US air travel be back to normal? Not this week reut.rs/4oxHoX8

Government Shutdown Brings Waves Of Illegal Activity To Yosemite National Park Crowded campsites, unpermitted hiking, and illegal sport is running rampant in this national park right now.

"Since the beginning of October, visitors have attested that a rise in illegal camping, unpermitted hiking, and BASE jumping is taking place within the park." www.backpacker.com/news-and-eve...

USDA tells states to undo efforts to issue full food aid benefits The U.S. Department of Agriculture directed states to roll back any steps taken to issue full food aid benefits to low-income Americans or risk financial penalties.

The new guidance issued late on Saturday follows a Supreme Court order on Friday that allowed the Trump administration to continue withholding $4 billion in aid for nearly 42 million recipients. www.reuters.com/world/us/usd...

EV maker Rivian gives CEO a Musk-style pay package worth up to $4.6 billion EV maker Rivian on Friday said it was giving its CEO a revised pay package worth as much as $4.6 billion over the next decade, a deal modeled on larger rival Tesla's plan for paying CEO Elon Musk, and linked to new profit targets and reduced share price milestones.

EV maker Rivian gives CEO a Musk-style pay package worth up to $4.6 billion reut.rs/480rYVw

Trump says he asked DOJ to investigate meat packing companies for driving up beef prices U.S. President Donald Trump said on Friday that he has asked the Justice Department to investigate meat packing companies that he says are driving up the price of beef.

Trump says he asked DOJ to investigate meat packing companies for driving up beef prices reut.rs/3WJVh8A

Meta is earning a fortune on a deluge of fraudulent ads, documents show Meta projected 10% of its 2024 revenue would come from ads for scams and banned goods, and it internally estimates that its platforms show users 15 billion scam ads a day, company documents show.

Meta is making a fortune off fake ads. Important @Reuters story. www.reuters.com/investigatio...

Happy Canada Day to those who celebrate.

GE Appliances to spend $490 million reshoring production of washing machines from China Chinese-owned GE Appliances said on Thursday it will spend $490 million to shift production of some washing machines to the U.S. from China as it rebalances its factory footprint amid extreme trade tensions between the world’s two largest economies.

GE Appliances is spending $490 million to move production of a major line of washing machines from China to the U.S. www.reuters.com/en/ge-applia...

Fed holds rates steady as expected, with no dissents, notes "uncertainty about the economic outlook has diminished but remains elevated."

ICE is in a deep cash crisis amid the immigration crackdown The agency is already $1 billion over budget by one estimate, with more than three months left in the fiscal year.

(Axios) - President Trump's immigration crackdown is burning through cash so quickly that the agency charged with arresting, detaining and removing unauthorized immigrants could run out of money next month.

@axios.com
www.axios.com/2025/06/16/i...

Tariff 'stacking' adds another headache for US importers John Hamer, president of Rodgers Wade Manufacturing in Paris, Texas, makes store fixtures for big retailers like Ross Dress for Less and Ulta Beauty.

Tariff 'stacking' adds another headache for US importers. www.reuters.com/business/tar...

US Treasury's Bessent calls on China to be 'reliable partner' in trade negotiations U.S. Treasury Secretary Scott Bessent on Wednesday called on China to uphold its commitments under an initial U.S. trade agreement reached in Geneva last month, hours after he and other U.S. and Chinese officials agreed on a new framework to implement the deal.

Bessent calls for "a big, beautiful rebalancing of the world's two largest economies." www.reuters.com/world/china/...

Most people think trade is “cars for wine.” But the moment you realize that trade is mostly in intermediate goods—stuff like steel, or aluminum—your whole perspective changes. Tariffs aren’t taxes on “them.” They’re taxes on your own country's production line.

US job growth slows in May; unemployment rate steady at 4.2% U.S. job growth slowed in May amid headwinds from tariff uncertainty, while the unemployment rate held steady at 4.2%, potentially giving the Federal Reserve cover to delay resuming interest rate cuts for a while.

Economists say President Donald Trump's flip-flopping on import duties has hampered businesses' ability to plan ahead.
www.reuters.com/world/us/us-...

Opinion | Manufacturing Jobs Are Never Coming Back

TIL Steven Rattner's family once owned a paint factory in Queens. www.nytimes.com/2025/06/06/o...

Peter Navarro says the USTR office now operates like a deli--where countries go in and take a number to await their chance to talk about making a trade deal.

US job growth slows in May; unemployment rate steady at 4.2% U.S. job growth slowed in May amid headwinds from tariff uncertainty, while the unemployment rate held steady at 4.2%, potentially giving the Federal Reserve cover to delay resuming interest rate cuts for a while.

The economy needs to create 100,000 jobs per month to keep up with growth in the working age population. That number could decline as President Trump has revoked the temporary legal status of hundreds of thousands of migrants amid an immigration crackdown. www.reuters.com/world/us/us-...

The show opens with a dream by Trump’s daughter, Ivanka, where her father has a twin brother named Chuan Pu, living in China. When Trump is kidnapped by aliens from Mars, Ivanka asks Chuan to pretend to be Trump for a day.

Trump-inspired Cantonese opera in Hong Kong aims to bring love and peace In a Cantonese opera inspired by U.S. President Donald Trump, a Chinese actor donning a blond wig spars on a Hong Kong stage with a man playing a double of Ukrainian President Volodymyr Zelenskiy - ridiculing his outfit and firing a water gun at him.

There's now a Cantonese opera inspired by Trump in Hong Kong--it includes a scene where Trump shoots Ukrainian President Zelensky with a water gun he buys on a Chinese online shopping site. www.reuters.com/business/med...

* TRUMP NOT INTERESTED IN TALKING TO MUSK -- WHITE HOUSE SOURCE WITH KNOWLEDGE OF THE MATTER

@reuters.com

The world's auto supply chain is in the hands of a few Chinese bureaucrats In a hulking grey building just east of Tiananmen square in Beijing, a small team in China's Ministry of Commerce is deciding the fate of the global auto industry, one rare earth magnet export permit at a time.

In a hulking grey building just east of Tiananmen square in Beijing, a small team in China's Ministry of Commerce is deciding the fate of the global auto industry, one rare earth magnet export permit at a time. www.reuters.com/business/aut...

Time to buy eggs.

Trump gets asked about the #TACO trade: 🌮

@followtheh.bsky.social

Trump's trade war imperils Spanish hatmaker's business with US Orthodox Jews A 40-year tradition risks becoming a casualty in President Donald Trump's trade war.

"There are hat factories in the United States, but they are highly specialized in cowboy hats." www.reuters.com/business/tru...