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EJ Antoni, chief economist at The Heritage Foundation, explains why the Fed has been behind the curve in managing monetary policy. Treasury Secretary Scott Bessent has whittled down his short list of candidates to replace Federal Reserve Chairman Jerome Powell to five individuals, he said on Air Force One, The Wall Street Journal reported. Some have connections to the central bank and the White House, while another is a Wall Street powerhouse.President Donald Trump has kept up his verbal criticism of Powell for not cutting interest rates fast or deep enough, calling the chairman a “stubborn moron” and “Jerome Too…

During an interview at TechCrunch Disrupt 2025 on Monday, Sequoia Capital managing partner Roelof Botha answered questions about his colleague, Sequoia partner Shaun Maguire, and controversial comments Maguire made earlier this year, calling Sequoia a believer in its partners’ right to “free speech.” In a July 4 post on X, Maguire attacked New York City mayoral candidate Zohran Mamdani, calling the politician an “Islamist” who “comes from a culture that lies about everything.” His remarks led to a sizable online backlash and debate about the reputational risk to the VC firm that has backed companies like Airbnb, Google, Nvidia, and…

We’ve been reporting that City Council budget amendment proposals would start going public today, after previews from District 1 Councilmember Rob Saka and local groups about what he might propose adding to the budget. The presentations start with a 9:30 am meeting tomorrow, and agenda details for those first presentations are out now. On the agenda under Seattle Public Utilities-related budget amendments, one that could give a boost to local cleanup group A Cleaner Alki, which as we’ve reported is working to replace lost grant money – here’s the amendment number and the summary by council staff: SPU-002-A-1 – Increase…

Sen. Bill Hagerty, R-Tenn., analyzes President Donald Trump’s ‘complicated relationship’ with China, weighs in on the president ending trade negotiations with Canada and more on ‘Maria Bartiromo’s Wall Street.’ President Donald Trump has called off trade negotiations with Canada — after Canada attempted to use former president Ronald Reagan’s words about tariffs as a swipe against Trump’s tariff policies, and after Canada has championed some protectionist policies of its own. The government of the Canadian province of Ontario released a campaign ad Oct. 14 quoting a radio address Reagan delivered in April 1987 where he said, “Over the long run…

Imran Rahman-JonesTechnology reporterGetty ImagesOpenAI wants to take on similar browsers such as those from Microsoft, Oracle and PerplexityA few minutes into using ChatGPT Atlas, the new internet browser from OpenAI, I ran into quite a big road block.This isn’t like Google Chrome, which is used by roughly 60% of people. It’s all built around a chatbot you’re meant to talk to to surf the web.”Messages limit reached,” read one note. “No available models support the tools in use,” said another.And then: “You’ve hit the free plan limit for GPT-5.”OpenAI says it will make using the internet easier and more efficient.…

Thanks to the reader who forwarded the Sunday announcement from Lazy Dog Crazy Dog that it’s closed both its Ballard and West Seattle (9064 Delridge Way SW) locations (though the email only mentions Ballard, the sign on the door today confirms that WS is closed too): Dear Lazy Dog Customers: It is with great sadness that we announce the indefinite closure of Lazy Dog Crazy Dog, effective today, Sunday at 6:00 PM. Over the past two weeks, we have received hundreds of menacing messages and threats of violence directed at our employees and our business. These have come through email,…

NVIDIA CEO and co-founder Jensen Huang commends President Donald Trump’s A.I. agenda and outlines what the country’s job future will look like on ‘Special Report.’ Chegg Inc., a Santa Clara-based online learning platform, said Monday it will cut about 45% of its workforce – roughly 388 employees – as it confronts what it calls “the new realities of AI and reduced traffic from Google to content publishers.” In its official statement, the company said the restructuring plan reflects “a significant decline in Chegg’s traffic and revenue,” which it has attributed to shifts in generative AI and changing search patterns.Chegg said…

OpenAI is offering its ChatGPT Go plan available free of charge for one year to users in India who sign up during a limited promotional period starting November 4, as the company looks to expand in one of its top markets. On Tuesday, OpenAI announced the promotion but did not specify how long the offer would remain available. Existing ChatGPT Go subscribers in India will also be eligible for the free 12-month plan, the company said. Priced at less than $5 per month, ChatGPT Go launched in India in August as OpenAI’s most affordable paid subscription plan. The service later…

Thanks to Gary Jones for the photos. Several readers asked today about the presence of multiple boats fishing with nets off Alki Point. They’re purse seiners that show up about this time many years (here’s one of our past reports), fishing for chum salmon. If you’re interested in the rules, maps, etc., here’s the 56-page document (which we also linked when purse seiners showed up briefly two months ago). Source link

The president said he was optimistic about the future of trade with Tokyo just before signing an agreement on rare earth minerals.  President Donald Trump and Japan Prime Minister Sanae Takaichi on Tuesday signed a framework agreement for securing the supply of critical minerals and rare earths through mining and processing, the White House said. The agreement came after Trump’s meeting with Japan’s first female leader, as part of his wider trip to Asia. Both Washington and Tokyo are looking to strengthen their supply chains for rare earth elements, which are used everywhere, from renewable energy to electronics and cars.According…