Peter Eavis

Health care and social assistance accounted for essentially all job growth in July, adding more than 73,000 jobs. If it hadn't been for that sector, employment would have fallen slightly.

Union Pacific to Buy Norfolk Southern in $85 Billion Railroad Deal

I interviewed top execs at Union Pacific and Norfolk Southern about their proposed merger. They lay out their hopes for the deal and respond to its critics...here:

www.nytimes.com/2025/07/29/b...

piece now has this gorg map:

Union Pacific in Talks to Merge With Norfolk Southern

Robber baron George Jay Gould tried to create a coast-to-coat railroad but he was undone by the 1907 financial panic. Now, Union Pacific and Norfolk Southern want to have another try:

www.nytimes.com/2025/07/24/b...

Hunter Biden objects here to my scrutiny of his deals with foreign interests seeking help from the U.S. government.

He will not like my forthcoming book, DEVILS' ADVOCATES, which exposes the foreign influence industry, including new reporting on him & others. www.harpercollins.com/products/dev...

American Steel Just Got More Expensive. Buyers Blame Tariffs.

On a visit to a school bus factory, I was told that American steel producers are taking advantage of the tariffs to raise their prices. FULL STORY FREE LINK:

www.nytimes.com/2025/07/22/b...

Florida’s High-Speed Rail Rattles Investors, Defying Its Promise The Brightline train running from Miami to Orlando, lauded as an alternative vision for the future of American rail travel, is making some investors anxious.

Interesting how one of rail's best prospects is struggling financially.

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

But drilling down a bit, it sure likes there's evidence of tariffs showing through, especially in "household furnishings," a broad category that includes things like appliances and furniture. #NumbersDay

OK, charts thread! Starting with the headlines: Job growth was solid and unemployment fell. Lots more to dig into, but don't lose sight of the big picture. #NumbersDay

Crazy amount of crazy revelations in this 👇

fascinating.

Criminal Justice Reports & Statistics Crime and criminal justice processing data from law enforcement, prosecution, courts, and corrections agencies throughout New York State can be found here.

NYPD is not involved in GIVE, but NYPD reported a record low number of shootings through May 2025.

The GIVE dashboard is here if anyone is interested:

www.criminaljustice.ny.gov/crimnet/ojsa...

U.S. Ships Championed by Trump Cost 5 Times as Much as Asian Ones

There's a bipartisan push in DC to build more ships in the US. I went to a shipyard in Philly to get a sense of what it will take to realize Washington's maritime dreams:

www.nytimes.com/2025/05/27/b...

Trump’s China Tariffs Are Having a ‘Massive Impact’ on Small Business

The tariffs are crushing many small businesses. I spent the last month talking to one in Richmond, Vermont about its struggles.

www.nytimes.com/2025/05/27/b...

Why Trump Suddenly Declared Victory Over the Houthi Militia

Fine behind the scenes reporting here:

www.nytimes.com/2025/05/12/u...

‘We’re Starting to Move Everything’: Trump’s China Deal Frees Up Shipping

In the last five weeks -- the period since Trump's tariffs were imposed -- China to US container bookings were 45% below their level in same
period of 2024.

www.nytimes.com/2025/05/12/b...

Now that we can see data past Easter, it appears international travel to the United States this spring has largely held up, despite reports about extraordinary declines. But there are ominous signs ahead. www.nytimes.com/interactive/...

Part 4 of the EO first seeks to ramp up the infamous 1033 program, which funnels retired military gear to local police departments (it’s how the LA school district ended up with grenade launchers).

Know what I love about my job? If I taught in some place like France or Canada, I wouldn't get to write sentences like this:

Behind Trump’s Deal to Deport Venezuelans to El Salvador’s Most Feared Prison New details deepen questions about the deportations, showing that El Salvador’s president pressed for assurances that the migrants were really members of the Tren de Aragua gang.

The details in this piece...

www.nytimes.com/2025/04/30/u...

International students at MSU and UM have visas revoked by federal government A university spokesperson said they learned of the revocations at MSU through a routine check and did not receive any communication from the federal government.

NEW: 1 UM and 3 MSU international students had their F-1visas revoked. University officials told us they found out in routine checks of the visa system and were not contacted by the feds. These appear to be the first students in MT to have a visa revoked.
helenair.com/news/state-r...

That's fascinating.

Bankers and Regulators Voice Fears on Bond Market Volatility (Gift Article) Some Wall Street chiefs and banking watchdogs warn that turbulence in the bond market could make it harder for companies and countries to borrow.

He's been saying this for at least a decade!

www.nytimes.com/2015/05/06/b...

Dimon Predicts Treasury Market ‘Kerfuffle’ Where Fed Steps In JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said he expects “a kerfuffle” in the US Treasury market that prompts a Federal Reserve intervention.

Contra Dimon: banks have plenty of capital to intervene in the Treasury market under current regulations, and in past sell offs, before the current rules, banks did not step in to buy Tys .

🎁 Gift Link: Dimon Sees Treasury Market ‘Kerfuffle’ Where Fed Steps In www.bloomberg.com/news/article...

What to Know About Who Pays the Higher Costs of Trump’s Tariffs (Gift Article) President Trump’s trade policies will make imports more expensive and calculating and paying the tariffs more complicated.

The olde tariffe explainer with insight on what to do if you underpay...

www.nytimes.com/2025/04/11/b...

Or, in meme form:

The Rush to Import Goods Ahead of Trump’s Tariffs Imports have surged recently as businesses seek to bring in more goods before President Trump imposes higher levies on goods from Mexico, Canada and other countries.

Here's what the last minute rush to beat the tariffs looks like:

www.nytimes.com/card/2025/04...

Houthis in Yemen Won’t Be Defeated by Airstrikes Alone, Experts Say (Gift Article) U.S. officials seek to curb the militants’ attacks on ships in the Red Sea, but the group was not deterred by strikes in the Biden era and won’t be beaten by air power alone, experts say.

The Signal chat laid bare how the Trump administration is thinking about the Houthis. But this high level view of things could collide with reality on the ground.

www.nytimes.com/2025/03/27/w...

How Elon Musk’s SpaceX Secretly Allows Investment From China As a U.S. military contractor, SpaceX sees allowing Chinese ownership as fraught. But it will allow the investment if it comes through secrecy hubs like the Cayman Islands, court records say. “It is c...

NEW: How Elon Musk’s SpaceX, a major military contractor, secretly allows investment from China.

Court records reveal execs there see $ from China as fraught but will let it in if it comes through secrecy hubs like the Caymans.

www.propublica.org/article/elon...

w/ @josh-kaplan.bsky.social

Can the Key Bridge be rebuilt by 2028? The engineer in charge is on it Maryland Transportation Authority chief engineer James Harkness oversees a Key Bridge team that, in an given week, includes roughly 150 engineers.

One year ago!

www.thebaltimorebanner.com/economy/key-...

www.nytimes.com/2025/03/22/u...