Allison Morrow

Employee compensation and corporate profits as share of GDP, 4Q

Super sustainable, I'd say

A year in, it’s official: Americans, not foreigners, are paying for Trump’s tariffs | CNN Business A new report from the Federal Reserve Bank of New York confirms what economists have long warned about: The burden of tariffs is borne almost entirely by the people living in the country that imposes ...

Gosh if only some economist would have warned us this would happen

AI CEO warns AI’s disruption will be”much bigger” than COVID: “the people I care about deserve to hear what is coming”

Every time one of these AI CEOs goes viral for saying the most self-serving, demonstrably false nonsense I am fascinated by how many people take it seriously.

Exclusive: OpenAI disbanded its mission alignment team Joshua Achiam will become the company's chief futurist

OpenAI disbanded its mission alignment team, created in 2024 to promote the company's stated mission to ensure that artificial general intelligence benefits all of humanity, per @caseynewton.bsky.social @platformer.news.web.brid.gy

NYC’s first free grocery store opens next week—here’s everything we already know about it Yes, it’s real: free groceries, no catch.

This is not a "free grocery store," it's a pop-up food bank, open for one long weekend, designed to give Polymarket some good press.

Prof. Rouwenhorst Discusses Yale's 378 year-old Perpetual Bond with the BBC

Fun fact: Yale University holds a 379-year-old “perpetual” bond, written on goat skin and issued by Hoogheemraadschap Lekdijk Bovendams, a Dutch water authority. som.yale.edu/story/2026/p...

Stablecoin law allows crypto firms to profit from fraud, prosecutors say | CNN Business Exclusive: Stablecoin law allows crypto firms to profit from fraud, prosecutors say

Scoop: In a letter to lawmakers, NY AG Tish James and four DAs call out Tether and Circle for throttling law enforcement efforts to claw back funds for victims of fraud.

Instead of career journalists, we really ought to be sending Gen-Z interns with three roommates and no health insurance to cover Davos

In my “listening to Max Richter and crying while I make dinner” era, join me fam this shit rips

To be clear: I don’t begrudge the reporters for this. And I know it’s a tough headline spec. But come on.

“Racy Images Grok Created Fuel Outcry”

“Racy”

X basically industrialized the creation of fake porn of women who don't consent. Others did it first, but Grok made it normalized and centralized: publicly visible, instantly creatable by anyone, regardless of who's being targeted and dehumanized. Only question now is will X suffer any consequences

Crypto’s slump may be a cultural problem as much as a financial one | CNN Business Crypto managed to have a year without a systemic collapse or major scandal. And it’s still shaping up to be one of the industry’s worst years ever.

There are no more Gary Genslers for crypto to blame for its problems. The industry got everything it wanted this year, and it still can't find its footing.

hat tip to @djlavoie.bsky.social who is always pitching me smart ideas. (Like marrying him.)

Why 2026 could be the year of anti-AI marketing | CNN Business It’s getting harder to escape AI slop. But a growing backlash could put a premium on “human-made” content.

We're already seeing brands shun AI. That's only going to get louder as corporate America realizes their consumers aren't computers.

Opinion | Trump Said Freeing Jimmy Lai Would Be Easy. He Should Prove It.

I lived in Hong Kong in a golden era of free speech, when Jimmy Lai's pro-democracy Apple Daily was just part of the ether. His conviction should be a warning to democracies everywhere.

top The Washington Post • @washingtonpost.com Follow Exclusive: The person of interest authorities took into custody in connection with the shooting at Brown University is Benjamin Erickson, a 24-year-old originally from Wisconsin, people briefed on the investigation told The Post. Live updates: Person of interest in Brown U. shooting is 24, from Wisconsin, officials sav

Live updates Authorities release person of interest in Brown University shooting 14 minutes ago 30 min

When your “exclusive” lasts all of 7 hours, because you publicly named a guy who was never charged with a crime, and who now is being hounded by trolls, and will have this show up in internet searches for the rest of his life.

Stealworkers

If we want to cheer the "architects" of AI, fine, but they aren't Sam Altman or Elon Musk. Those guys built word generators.

GenAI simply doesn't exist without the writers and artists whose work is the only real value underpinning chatbots.

#econsky question:

The Fed says inflation is elevated and econ growth is forecast to be stronger next year. There's no change to their unemployment forecast.

So why are they cutting rates?

These are not pull-ups.

Wall Street is finally coming around

Hollywood, already on shaky economic ground, shudders at the prospect of a mega-Netflix | CNN Business The business of Hollywood was in trouble long before the earth-rattling news that Netflix had inked a $72 billion takeover of Warner Bros. And while the deal is widely seen as a coup by Netflix, once ...

So much for a chill Friday

Meta’s big problem: Everything about VR looks supremely uncool | CNN Business An image of Mark Zuckerberg’s blocky, dead-eyed visage taken from his Metaverse avatar has become something of a reality check for anyone betting on the future of virtual reality.

I stand so hard by my 2022 take

Multi-platform power couple babyyyy

K-shaped economy skews this a bit: Wealthy people are thriving, propping up overall consumer spend, while others pull back. And inflation plays a role -- we're paying the same or more as we were last year and getting less stuff www.cnn.com/2025/12/01/b...

Top Gun Traders: Stock Bets and Crypto Culture Take Over the Military Troops are hooked on investing. They’re trading tips from cockpits and the decks of aircraft carriers, and making fortunes.

Great read.

Servicemembers are trading crypto tips from the decks of aircraft carriers. Base parking lots are peppered with new Porsches and Humvees.

Gift link: www.wsj.com/finance/stoc...

Hey, #EconSky!

The U.S. Bureau of Labor Statistics is here @usbls.bsky.social!
bsky.app/profile/usbl...

Sales of AI-enabled teddy bear suspended after it gave advice on BDSM sex and where to find knives | CNN Business Sales of an artificial intelligence-enabled plush toy have been suspended after it was found that it engaged in conversation around sexually explicit topics and offered potentially dangerous advice.

Well this seems fine