The News Roundup
View More NewsNew York City Mayor Zohran Mamdani is supporting a proposed law that would require Amazon and other large delivery companies to directly employ delivery workers instead of using independent delivery companies. Mamdani says the law would protect workers and make large corporations more responsible for their labor practices. Amazon and other opponents argue that the measure could hurt thousands of workers and small businesses that currently handle deliveries, while also making deliveries slower and more expensive. A study commissioned by local business groups estimates that the law could cost the average New York household about $664 more per year, and opponents…
L’Affaire Shirer Revisited The rise, fall, and rise again of one of the 20th century’s most important journalists. Read the full article here
AI & Crypto
Read MorePolitics
“Washington D.C. went from High Crime to NO CRIME — Thank you President Trump!” reads a Truth Social post from President Donald Trump in July. The president has attributed the district’s drop in crime to his deployment of the National…
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Opinions & Debates
I first came across French writer Jean Raspail’s infamous novel The Camp of the Saints while I was reading Douglas Murray’s The Strange Death of Europe back in 2017. Raspail’s novel imagines the invasion of Europe by large groups of unsanitary and ravenous migrants from the Global South led by a coprophage (“shit-eater”). Despite his own firmly anti-immigration views, Murray declines to defend the book’s inflammatory contents, but he is nonetheless struck by Raspail’s descriptions of Western passivity in the face of an unsustainable wave of immigration. The book’s overt racism notwithstanding, it has attracted some attention in recent years…
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Blockchain Optimism’s governance has approved a proposal to repurpose 546.9 million OP tokens previously reserved for user airdrops to support ecosystem growth and institutional…
In brief CFTC Chair Michael S. Selig directed staff to explore crypto market structure rules using the agency’s existing authority. Selig said he will…
from the won’t-end-well dept I spoke a little about this on last week’s Ctrl-Alt-Speech, but now that Anthropic has come out with more details…
Six weeks of compression ended in the largest short liquidation since at least 2021, with $3 billion of bearish bets forced to buy back…
Led by Michael Saylor, the company aims to retire half of its outstanding 0% 2029 converts as it restructures liabilities tied to its bitcoin…
Cryptocurrency ATM company Bitcoin Depot reported “substantial doubts” about the company’s ability to continue operating amid ongoing litigation and a challenging regulatory environment.In a…
In brief ChatGPT can now connect to over 12,000 financial institutions via Plaid, giving it read-only access to your balances, transactions, and subscriptions. The…
Today’s order is here; the application that was denied is here. The state’s argument for a stay, which the Court rejected, begins thus: Days…
BNB (BNB) rose 0.4% while Bitcoin (BTC) fell 1.3% from Thursday. Read the full article here
The Republican chair and Democratic ranking member of the US House of Representatives Committee on Agriculture have called on President Donald Trump to fully…
In brief Intercontinental Exchange and CME Group are reportedly urging the CFTC to address market integrity risks associated with Hyperliquid. The Hyperliquid Policy Center…
from the affordable-precise-mass dept It is widely accepted that drones have changed the conduct of modern war dramatically. The war in Ukraine, in particular,…
