Recently, I went to a cardiology conference in Puerto Rico, I also enjoyed sightseeing and walking around San Juan. 🏝️ I went before the power outages, but it seems similar to Texas where power outages are a possibility unfortunately. A lot of the larger hotels have back up generators and rental places with solar panels are apparently becoming more common too ☀️

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Does it seem like the White House Billionaires advising the Trump Administration are out of touch with the reality of how Americans live? They recommended tariffs that will lead to higher prices and decreased stock values which are expected to then lead to layoffs plus they recommended increased federal defense spending and tax cuts for billionaires that will increase the federal deficit and likely lead to more inflation and even higher prices. 🇺🇸 It seems that the White House Billionaires thought Americans would be able to spend increasing amounts of money, even while prices are going up and there are increased concerns of lay offs because of the new tariffs and inflation. Powell Warns of ‘Challenging Scenario’ for Fed as Trade War Rages. 🇺🇸 Powell said he saw a “strong likelihood” that consumers would face higher prices and that the economy would see higher unemployment as a result of tariffs in the short run. https://www.wsj.com/economy/central-banking/powell-warns-of-challenging-scenario-for-fed-in-cushioning-trade-war-fallout-81d17965?mod=mhp

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US AI companies, like OpenAI and Anthropic, usually keep their most powerful models locked behind paywalls for consumers or license them to enterprises. China's biggest players, in contrast, are handing theirs out for free and rolling them out across everyday tech at breakneck speed. "These developments underscore China's increasing emphasis on AI integration, application-driven innovation, and enterprise solutions rather than solely competing on model sophistication," Wang said.

Business Insider

There's a key difference in how China and the US are integrating their latest AI models into consumer tech

China's biggest tech players are handing their AI models out for free — and rolling them out across everyday tech at breakneck speed.

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Inevitably we will have to deal with significantly increasing inflation as both the House and Senate are looking to increase the federal deficit to allow for decreased revenue because of the Trump Administration’s continued tax cuts for billionaires as well increased spending on Defense of $175 billion. Given Americans will have to deal with higher prices from inflation and from tariff trade wars likely for the next few years we can expect spending will decrease and the stock market will too. Part of how some Americans have kept spending the last few years is via credit card debt but that was with the expectation the current Administration would lower prices as promised but they’re not actually doing. For the current spending bill to pass the House and Senate need to resolve their differences on the federal deficit limit, as well. The House GOP bill increases the deficit limit to $4 trillion, but the Senate lifted it to $5 trillion so Congress would not have to revisit the issue again until after the midterm elections in November 2026. 🇺🇸 https://time.com/7276313/speaker-johnson-try-again-gop-holdouts-block-action-trump-budget-bill/

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This seems like a good time for Americans to increase their emergency savings, possibly to 6-12 months, given the ongoing corporate and tech layoffs and stock market volatility due to the tariff wars as it’s unclear how long this will be going on for. From Google to Ernst & Young, mid-level executives are being laid off 🇺🇸 In the name of efficiency, major companies across various sectors are now cutting jobs, reducing pay, and also demoting long-time employees.

ET Now

Middle Manager Layoffs: From Google to EY, mid-level execs under axe – Cultural re-evaluation?

Middle Manager Layoffs: Big names including EY, Starbucks, HSBC have been shuffling their management structure. Now, middle managers working under...

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