No @Walgreens. No.

RT @NBCNewYork: A truckload of hot dogs has spilled across a Pennsylvania highway after a crash, clogging the road toward the end of the mo….

Flashback:

Pags buying the WNBA's CT Sun and moving it to Boston is fascinating, because the Celtics ownership (which he's part of) never did this because they couldn't make the math work. Yes, WNBA now generates much more $$. But this club still wouldn't own its own building, which always.

There ALWAYS have been jobs report revisions. Because that's how this sort of data collection works. It doesn't mean someone messed up the first time or "rigged" the numbers. Historical data:

RT @srikosuri: Lilly: The culmination of decades of research, failed attempts, and countless billions of dollars gave us a cure for some of….

Trump's authoritarian streak

RT @AndrewDesiderio: The BLS commissioner was confirmed by the Senate last year in an 86-8 vote. Among those who voted in favor: JD Vance….

If there was a conspiracy at BLS to hurt Trump, then wouldn't they have released bad jobs numbers during the BBB negotiations -- not after it's been signed into law?. Such a silly theory.

The jobs report conspiracy stuff really seemed to begin w/ the late Jack Welch during Obama era, but this latest spate is particularly nonsensical. It goes: BLS faked high numbers for Biden, for political purposes. And we know this because of later downward revisions. But if.

If we want to have a conversation about the data collection methods . well, economists have been having those for quite some time. Under multiple admins. But that's not what Trump is calling for here.

Trump ordering removal of BLS commissioner because of weak jobs report. 1/ She was a senior Census Dept economist during Trump's first term. 2/ This sets a very dangerous precedent, since it basically gives marching orders to future BLS commissioners. No one should want this.

RT @JHWeissmann: I believe these DOGE cuts will be captured in the October jobs report. So that one will be wild.

The OpenAI fundraise news today is legit but also a bit misleading. In March, it announced $40 billion in new funding led by SoftBank -- in a very short announcement. Today's $8.3 billion in part of that $40 billion. Add in a $10 billion close in June.

Today's newsletter: Token teasing, fish-slapping, and all the deals

RT @jamiedupree: May-June-July is the weakest 3-month period of job growth since COVID. If you throw out 2020, it's the weakest 3-month pe….

Massive negative revisions. Again. So much for the jobs report truthers.

RT @Geiger_Capital: The Fed should really create a board to vote on interest rates decisions. Some sort of market committee with say… 12 me….

Future America may be little more than Dunkins and data centers.

Most of the big VC-backed IPOs so far this year have been fintech. Figma isn't, which should be a big signal for other unicorns (including Canva, which must be having some serious discussions today).