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Sat, Aug 8, 2026

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4,000 Jobs Gone — So Why Does The Market Love It?

4,000 Jobs Gone — So Why Does The Market Love It?
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Block, the parent company of Cash App and Square, announced Thursday it will be laying off more than 4,000 employees — a move that sent the company’s stock up 25% in after-hours trading.

For most companies, laying off nearly half the workforce would send stockholders into a panic, tanking the stock within minutes of the announcement. But in 2026, investors in Block appear to have the opposite perspective — viewing humans as a liability in the modern economy, thanks in large part to the AI revolution.

Debunking The Erika Kirk Conspiracy Theories

Debunking The Erika Kirk Conspiracy Theories
Screenshot: Candace Owens/YouTube.com

I still remember where I was, and what I was doing, when I heard about the massacre at Sandy Hook Elementary School, almost 14 years ago.

It was the second national tragedy in my lifetime — after 9/11 — that left an indelible and permanent mark on the conscience, something you remember for the rest of your days. The two events are not the same in terms of their scale, severity, geopolitical importance, or death toll. But they were so shocking, so morally outrageous, that they imprint themselves somewhere deep in your soul, like a kind of psychological impact crater.

WTH?! McDonald’s Celebrates … Ramadan

WTH?! McDonald’s Celebrates … Ramadan
Peter Juelich/Bloomberg via Getty Images

The West is in trouble.

One of the reasons is that the West has fundamentally failed to distinguish between tolerance of one another’s traditions and lifestyles on the one hand, and the bizarre bend-over-backward celebration that accompanies the undermining of traditions unique to the West.

Microsoft’s Cloud Grip Meets Its Match — Trump-Era Official Says Accountability Is Coming

Microsoft’s Cloud Grip Meets Its Match — Trump-Era Official Says Accountability Is Coming

A former Trump administration official praised the Federal Trade Commission’s investigation into Microsoft, saying that the software giant’s track record on issues from China to European censorship demanded scrutiny.

Joe Grogan, the director of the Domestic Policy Council during Trump’s first term, said that an FTC investigation probing whether Microsoft employed anti-competitive practices was much needed.

GOP Rep Cites Eileen Gu In Push To Tax Athletes Competing For ‘Foreign Entities Of Concern’

GOP Rep Cites Eileen Gu In Push To Tax Athletes Competing For ‘Foreign Entities Of Concern’
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Rep. Andy Ogles (R-TN) has introduced legislation that would impose a tax on income earned by American athletes who compete in international sporting events on behalf of foreign governments.

The proposal, titled the “Officially Limiting Yearly Money Procured by Individuals Concerning Sportsmanship Act,” or OLYMPICS Act, would apply to athletes who represent what the law defines as “foreign entities of concern.” Those countries include China, Russia, Iran, and North Korea.

Trump And Mamdani’s ‘Secret’ D.C. Meeting Centers On A Defining NYC Fight

Trump And Mamdani’s ‘Secret’ D.C. Meeting Centers On A Defining NYC Fight
Jim WATSON / AFP via Getty Images

President Donald Trump and New York City Mayor Zohran Mamdani will have their second in-person meeting Thursday afternoon in Washington, D.C.

Both the president and the mayor kept the Oval Office encounter under wraps until Thursday afternoon—though The New York Times reports that people familiar with the matter said the two would discuss strategies to increase housing supply in New York City, an issue that has become a defining challenge for Mamdani’s administration.

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