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'Washington Post' CEO departs after going AWOL during massive job cuts
© NPR Business
NPR Business

Washington Post CEO Departs After Massive Job Cuts

Washington Post CEO Will Lewis has abruptly departed after his absence during massive layoffs that saw the storied newspaper's newsroom shrink by a third.

  • Layoff Scope: Over a third of the newsroom was laid off via a mandatory Zoom call, reducing the total staff to approximately 500 journalists.
  • Departmental Impact: The cuts were not evenly distributed. The entire sports desk was eliminated, the local news staff was reduced from over 40 to about a dozen, and the international desk was decimated.
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Days after mass layoffs, Washington Post CEO steps down
© NPR Business
NPR Business

Washington Post CEO Steps Down After Mass Layoffs

Washington Post CEO Will Lewis abruptly steps down days after mass layoffs. Owner Jeff Bezos appoints an interim CEO, signaling a new data-driven era.

  • **WASHINGTON — The Washington Post is navigating a profound leadership crisis following the abrupt departure of Publisher and CEO Will Lewis late Saturday. His exit comes just days after the storied newspaper executed a painful restructuring that eliminated more than 300 journalistic positions, a full third of its staff, leaving the future of the institution firmly in the hands of its billionaire owner, Amazon founder Jeff Bezos.
  • Failed Turnaround: Staffers felt that Lewis’s highly touted innovations over his two-year tenure failed to reverse the paper’s steep financial losses, which Lewis himself had previously stated ran into the tens of millions, at one point approaching a hundred million dollars annually.
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A shadowy industry is helping small businesses pay tariffs — at a high cost
© NPR Business
NPR Business

How Tariffs Push Small Businesses to High-Cost Loans

Unexpected tariffs are creating a liquidity crisis for importers, pushing them toward high-cost merchant cash advances that can quickly become a dangerous debt

  • Source: NPR Business
  • Why it matters: The imposition of global tariffs created an acute, unexpected liquidity crisis for American importers. Goods arriving at U.S. ports were suddenly subject to tens of thousands of dollars in unbudgeted duties, payable immediately. With traditional bank loans often too slow or inaccessible, many businesses turned to a faster, more hazardous alternative: the merchant cash advance (MCA).
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Sidewalk delivery robots are colonizing city sidewalks and raising concerns
© NPR Business
NPR Business

Sidewalk Delivery Robots: Convenience vs. City Safety

As autonomous delivery robots expand in cities, they spark a heated debate over public safety, accessibility, and the future of our urban sidewalks.

  • A new fleet of autonomous couriers is rapidly expanding across America's cities, promising a future of ultra-cheap, efficient delivery. But as these cooler-sized robots vie for space on public sidewalks, they are sparking a heated debate about safety, accessibility, and the future of our urban landscapes.
  • Market Driver: The insatiable demand for food and merchandise delivery has created a critical need for cheaper and more scalable "last-mile" solutions—the final and most expensive step in the shipping process.
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Business

Financial news and market updates

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How much power does the Fed chair really have?
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NPR Business

The Fed Chair's Power: How Much Influence Do They Have?

Discover the source of the Fed chair's power. While they have just one formal vote, their de facto influence shapes global markets. Learn how it really works.

  • How much power does the Fed chair really have?
  • SOURCE: NPR Business
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U.S. unexpectedly adds 130,000 jobs in January after a weak 2025
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NPR Business

U.S. Adds 130K Jobs in Jan; 2025 Revisions Show Weakness

The U.S. economy added 130,000 jobs in January, but massive downward revisions for 2025 reveal a much weaker labor market than previously believed.

  • NPR Business
  • By a Senior Financial Correspondent*
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6 GOP reps defy Trump to block Canadian tariffs. And, student loan defaults rise
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NPR Business

GOP Tariff Rebuke & Student Loan Defaults Hit US Economy

6 GOP reps join Democrats to block Canadian tariffs in a rebuke to Trump, as new data shows rising student loan defaults are threatening the U.S. economy.

  • WASHINGTON – The American economic landscape is facing a convergence of potent headwinds, as cracks appear in the Republican party’s trade consensus while a burgeoning student loan default crisis threatens to dampen consumer spending. A rare bipartisan rebuke of President Trump's tariff policy in the House coincided this week with new federal data revealing that roughly one million borrowers defaulted on student loans last year, painting a complex picture of political friction and mounting financial pressure on U.S. households.
  • Political Signal: The defiance from within the president’s own party is being interpreted as a direct response to mounting pressure from constituents and business leaders. NPR's Franco Ordoñez noted it is "another example of how Republicans are starting to stand up to the president" on core economic issues.
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'Fresh Air' staff bids farewell to longtime executive producer Danny Miller
© NPR Business
NPR Business

'Fresh Air' EP Danny Miller Retires, Marking End of an Era

Danny Miller, the executive producer who guided NPR's 'Fresh Air' from a local show to a national institution, retires after a remarkable 47-year tenure.

  • By a Senior Financial Correspondent, NPR Business
  • Why it matters: Miller’s career is a case study in media leadership, embodying the evolution of broadcast journalism from analog to digital and from local to global. His departure marks the end of an era for the Peabody Award-winning program, but his influence on its content, culture, and long-term stability provides a blueprint for managing a legacy media brand through profound change.
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Israel accuses two of using military secrets to place Polymarket bets
© NPR Business
NPR Business

Israel Charges Two for Using Secrets on Polymarket Bets

Israeli authorities charge a civilian and a reservist for allegedly using classified military secrets to place bets on the prediction market platform, Polymarke

  • TEL AVIV – In a case that starkly illuminates the collision of digital finance, classified intelligence, and national security, Israeli authorities have charged two individuals with using state secrets to place bets on the controversial prediction market platform, Polymarket. The arrests mark a watershed moment, representing the first publicly confirmed instance of individuals facing criminal charges for allegedly weaponizing military intelligence for financial gain in the burgeoning world of online wagering.
  • The Investigation: Authorities were reportedly examining bets placed on Polymarket related to a potential Israeli strike on Iran in June 2025, a market that gained traction during a 12-day conflict between the two nations.
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Politics

Political news and analysis

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US wants Russia and Ukraine to end war by June, says Zelensky
© BBC News
BBC News

Zelensky: US Wants Russia-Ukraine War to End by June

Ukrainian President Zelensky claims the US is pushing for the Russia-Ukraine war to end by June, a potential shift in strategy ahead of the US election.

  • Kyiv, Ukraine – Ukrainian President Volodymyr Zelensky has asserted that the United States is pushing for a resolution to the war with Russia by early summer, a statement that suggests a significant potential shift in the timeline and strategy of Kyiv's most crucial international partner. The claim, if substantiated, places an ambitious deadline on a brutal conflict now entering its third year, introducing new pressure on both Kyiv and Moscow amid a rapidly deteriorating global security landscape.
  • Key Allegation: Zelensky stated that key figures within the US administration have communicated a desire to see the "active phase" of the conflict concluded before the summer. He did not specify the exact terms of such a conclusion, whether a ceasefire, a peace settlement, or another form of de-escalation.
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Brown says Mandelson scandal is 'serious' for Starmer but PM is 'man of integrity'
© BBC News
BBC News

Brown Warns Starmer on Mandelson 'Scandal' Conflict

Former PM Gordon Brown warns Keir Starmer of a "serious" scandal over Lord Mandelson's corporate ties, putting pressure on Labour's integrity pledge.

  • LONDON – Former Prime Minister Gordon Brown has issued a stark warning to Labour leader Keir Starmer over the potential for a "serious" conflict of interest scandal involving Lord Peter Mandelson, while simultaneously offering a qualified defence of Prime Minister Rishi Sunak as a "man of integrity" attempting to reform a broken system.
  • The Mandelson Connection: Lord Mandelson's firm, Global Counsel, advises clients on navigating political and regulatory landscapes. This has raised questions about whether corporations could gain privileged access or influence through him in a future Labour administration.
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Trump promised a crypto revolution. So why is bitcoin crashing?
© NPR News
NPR News

Why Is Bitcoin Crashing Under a Pro-Crypto Trump?

Despite a pro-crypto Trump administration, bitcoin has crashed. We explore why political support can't save crypto from market gravity and speculative excess.

  • WASHINGTON – The crypto revolution promised by President Trump is facing a harsh reality check. After an exuberant rally fueled by a pro-crypto administration, bitcoin’s value has been slashed nearly in half, rattling investors and testing the sector's newfound political capital.
  • The Promise: President Trump’s 2024 reelection on a platform to make the U.S. "the crypto capital of the world" ignited the market. He appointed industry-friendly regulators and a Republican-led Congress passed supportive legislation.
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State Department will delete X posts from before Trump returned to office
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NPR News

State Dept to Delete X Posts Before Trump's Return

The State Department will delete all public X posts from before Trump's Jan. 20, 2025 return, erasing years of diplomatic history from the public record.

  • The Directive: All posts on active, official State Department X accounts made before January 20, 2025, are to be removed from public view. This includes posts from the first Trump administration and the entirety of the Biden and Obama administrations.
  • Official Rationale: A State Department spokesperson told NPR the goal is "to limit confusion on U.S government policy and to speak with one voice." The spokesperson emphasized that the department's X accounts "are one of our most powerful tools for advancing the America First goals and messaging of the President."
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State Department will delete X posts from before Trump returned to office
© NPR Politics
NPR Politics

State Dept to Delete All Pre-2025 X Posts in Digital Purge

The U.S. State Department will delete all public X posts from before Jan 20, 2025, erasing the digital history of the Biden, Obama, and first Trump terms.

  • WASHINGTON – The U.S. State Department is undertaking an unprecedented digital purge, confirming it will remove all public-facing posts from its official accounts on the social media platform X created before President Trump’s inauguration on January 20, 2025.
  • Why it matters: This directive impacts the real-time, searchable record of U.S. foreign policy and public diplomacy across three presidential administrations. For journalists, academics, foreign governments, and the public, it obscures the digital paper trail of American engagement on the world stage, from major policy announcements to day-to-day cultural outreach.
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Finance

Banking and investment news

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Man changed with 33 sexual offences in London
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BBC News

London Man Charged with 33 Sexual Offences, Including Rape

A man has been charged with 33 sexual offences in London, including multiple counts of rape, raising concerns over public safety in the financial hub.

  • Six counts of rape
  • One count of attempted rape
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Dow Jones Tops 50,000 With Apple, Boeing, These AI Stocks New Buys, But Market Still Divided
© Yahoo Finance
Yahoo Finance

Dow Jones Hits 50,000 as Apple, AI Stocks Fuel Rally

The Dow Jones Industrial Average closes above 50,000 for the first time, driven by a rebound in Apple (AAPL), Boeing (BA), and investor fervor for AI.

  • NEW YORK – The Dow Jones Industrial Average shattered a historic psychological barrier today, closing above 50,000 for the first time as a resurgence in technology and industrial giants, coupled with a relentless fervor for artificial intelligence, propelled the blue-chip index into uncharted territory. The milestone, a landmark moment for Wall Street, was met with a mix of celebration and caution, reflecting a market that remains deeply divided on the sustainability of the current rally amid persistent economic crosscurrents.
  • Nvidia (NVDA): The undisputed leader in AI chips continued its meteoric rise. The company, now one of the most valuable in the world, is seen as the primary beneficiary of the global build-out of AI infrastructure, with its GPUs being the foundational hardware for data centers and AI models.
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When will it stop raining in the UK?
© BBC News
BBC News

When will it stop raining in the UK? Forecast & Impact

Unrelenting rain is battering the UK economy. We look at the latest meteorological forecasts for a dry spell and analyse the financial impact on key industries.

  • LONDON – An unrelenting wave of precipitation across the United Kingdom is doing more than just dampening spirits; it is actively eroding economic activity across key sectors, from agriculture to retail. As businesses grapple with the financial fallout of one of the wettest periods on record, all eyes are turning to meteorological forecasts for a desperately needed reprieve. While computer models are now signalling a potential, albeit temporary, shift to drier conditions, the economic damage already inflicted highlights a growing vulnerability for an economy heavily reliant on seasonal stability.
  • Delayed Planting: Saturated fields have made it impossible for farmers to use heavy machinery for planting spring crops like barley, wheat, and potatoes. This delay shrinks the growing season and directly threatens yield potential for the year.
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Old favorite software stocks take beating as fear of AI's impact grows
© Yahoo Finance
Yahoo Finance

Software Stocks Tumble Amid Growing Fears of AI's Impact

A major sell-off hits software stocks as investors fear generative AI will replace traditional SaaS models, sparking a rotation from tech to industrial stocks.

  • NEW YORK – A seismic shift rattled Wall Street this past week as investors, gripped by a growing fear of artificial intelligence's disruptive power, aggressively dumped the very software stocks that have defined market leadership for a decade. The brutal sell-off signals a potential changing of the guard, as capital rotates from the titans of Silicon Valley to the stalwarts of the industrial economy.
  • Key Market Action: The Nasdaq 100, a proxy for large-cap tech, was dramatically outperformed by the blue-chip Dow for seven consecutive sessions. This marks the longest such streak in nearly four years and highlights a clear rotation away from growth-oriented technology and toward value and cyclical stocks.
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How Likely Is a Stock Market Crash Under President Donald Trump? Several Century-Old Data Sets Offer an Answer.
© Yahoo Finance
Yahoo Finance

Stock Market Crash Under Trump? Historical Data Answers

With stock markets at all-time highs under President Trump, is a crash imminent? We analyze century-old data sets, like the Shiller P/E ratio, to assess the ris

  • NEW YORK – U.S. stock markets continue their impressive ascent more than a year into President Donald Trump's second term, with all three major indexes charting new all-time highs. Yet, as investor optimism buoys valuations, a collection of historical data sets spanning over a century suggests that significant headwinds are gathering, posing a potential threat to one of the most robust rallies in recent memory.
  • What It Is: The CAPE Ratio smooths out short-term profit volatility by measuring the current price of the S&P 500 against average inflation-adjusted earnings from the previous 10 years. Its data extends back to 1871.
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