Keep pulling the thread on United States.
Federal Reserve Chairman Jerome Powell stated that job creation in the U.S. private sector was "effectively zero."
The top 1% of the U.S. population now owns 32% of the nation's total wealth, an amount roughly equal to that held by the bottom 90% combined.
The Gini coefficient in the U.S. has reached 0.85, exceeding the 0.83 level observed in France just before the French Revolution.
In the U.S., 300 billionaires are now responsible for 20% of all political donations.
A new bipartisan Senate bill, the "Prediction Markets Are Gambling Act," aims to ban sports-related betting on CFTC-regulated platforms such as Kalshi and Polymarket.
A New Mexico jury found Meta had violated state law by failing to protect users from child predators and ordered the company to pay $375 million in damages.
A Los Angeles jury found Meta and YouTube liable for social media addiction, concluding their platforms were intentionally addictive and contributed to a young user's mental health problems.
Insurance companies are reportedly arguing they are not obligated to cover liabilities for social media firms in user harm lawsuits, claiming the companies intentionally caused the harm.
According to a former Meta employee on CNN, one in eight children on Instagram have received unwanted sexual advances.
It is predicted that an activist investor will target Nike, leading to massive layoffs.
Scott Galloway predicts that Nike will lay off 10,000 to 20,000 employees within the next two to three years.
In the U.S., mortgage demand fell 10% last week and refinancing applications dropped 15%.