Disney has announced that it is laying off hundreds of employees across various departments in its television and film divisions. A company spokesperson confirmed that the cuts will affect roles in film and TV marketing, TV publicity, casting and development, and corporate financial operations. These moves are part of a broader strategy to focus resources…
Author: Skyler Phillips
Skyler Phillips turns spreadsheets into stories that matter. With a background in economics and data visualization, Skyler covers markets, labor trends, inflation, tech industry shifts, and the financial policies that impact everyday people.
Vance Signals Bitcoin’s Strategic Role in U.S. Policy as Trump Team Pushes Pro-Crypto Agenda
At the Bitcoin 2025 conference in Las Vegas, Vice President JD Vance delivered a keynote address signaling strong political support for Bitcoin from the Trump administration. He echoed many of the pro-Bitcoin themes that former President Donald Trump shared at the same event the previous year. Vance’s speech reinforced the administration’s commitment to crypto-friendly policies,…
Steelworkers Rally Around Jobs as Trump Shifts on Nippon Deal and Union Fractures Deepen
Zoe, a 24-year-old student and self-declared non-Trump supporter, attended a steelworkers rally in West Mifflin, Pennsylvania, to support her partner’s job security. Though she has never voted for Trump and doesn’t plan to, she was among many concerned about the future of jobs after Japan’s Nippon Steel proposed a $15 billion acquisition of US Steel.…
FDA Approves Moderna’s mNexspike COVID Vaccine for High-Risk Groups Amid Policy and Funding Shifts
The U.S. Food and Drug Administration (FDA) has approved a new COVID-19 vaccine developed by Moderna, named mNexspike. Unlike Moderna’s current vaccine, Spikevax, this newly approved shot is not intended to replace it but serves as a second option. The approval marks a significant step toward next-generation COVID-19 vaccines, utilizing a refined design that targets…
Trump Warns China Over Trade Deal Breach as Tariff Truce Breaks and Tech Tensions Rise
President Donald Trump dramatically changed his stance on U.S.-China trade relations, declaring on social media that he would no longer be “Mr. NICE GUY” in response to China allegedly violating a trade agreement. Although he did not specify which agreement he was referring to, Trump claimed that China had “TOTALLY VIOLATED” its commitments. Shortly after…
Trump Pressures Powell for Rate Cuts as White House Meeting Rekindles Tensions Over Fed Independence
U.S. President Donald Trump summoned Federal Reserve Chair Jerome Powell to the White House for a face-to-face meeting—their first since Trump returned to office. The purpose of the meeting was to express Trump’s dissatisfaction with Powell’s stance on interest rates. Trump asserted that Powell was making a “mistake” by maintaining current rates and argued that…
Markets Slip as Investors Brace for Nvidia Earnings and Fed Minutes Amid Broader Uncertainty
Wall Street’s primary indexes experienced slight declines on Wednesday, cooling off after a strong rally in the previous session driven by easing trade tensions. Investor sentiment turned cautious as market participants awaited crucial updates: earnings results from artificial intelligence powerhouse Nvidia and the minutes from the latest U.S. Federal Reserve policy meeting. Nvidia, a significant…
Powell Urges Princeton Grads to Defend Democracy as Fed Wins Independence Ruling
In his May 25, 2025, commencement address at Princeton University, Federal Reserve Chairman Jerome Powell urged graduates to commit themselves to the preservation and strengthening of American democracy. He emphasized the critical role that young leaders play in upholding democratic institutions and encouraged a lifelong dedication to public service, civic engagement, and national unity. Powell…
Volvo Cuts 3,000 Jobs to Streamline Operations Amid Global Economic and Trade Pressures
Volvo Cars, headquartered in Sweden, is cutting 3,000 jobs as part of a broader cost-cutting initiative. This move comes in response to global economic uncertainty and trade tensions that are affecting the automotive sector. The company aims to streamline operations and improve financial performance amid these challenges. Out of the total job reductions, about 1,200…
Trump’s Crypto Empire Raises Alarms Over Corruption, Foreign Influence, and Regulatory Manipulation
Former President Donald Trump’s enthusiastic embrace of cryptocurrency has taken center stage in both political and regulatory discussions. His simultaneous efforts to deregulate the crypto industry and expand his own crypto ventures—ventures that have already pulled in billions of dollars—are raising profound ethical, legal, and national security concerns. Watchdog groups, legal scholars, and lawmakers from…