Despite Gov. Gavin Newsom’s repeated boasts about California’s economy ranking fourth in the world, the state is struggling to provide jobs for its residents. According to the U.S. Bureau of Labor Statistics, California had the highest unemployment rate in the nation in August at 5.5%, a figure unchanged from July. The Golden State is one of only a handful of states with an unemployment rate above 5%, well above the national average of 4.3%.
The Trump administration is touting a major economic resurgence as a result of its renewed pro-growth, pro-energy, and pro-investment agenda. At a press conference this week, White House Press Secretary Karoline Leavitt highlighted key indicators showing that the U.S. economy is rebounding strongly under President Donald Trump’s leadership—just months after he returned to office.
Marvel actor Mark Ruffalo is sounding the alarm over Disney’s recent suspension of Jimmy Kimmel Live, warning that the entertainment giant could face major financial fallout if the show is canceled.
Toyota is recalling 591,377 vehicles in the U.S. because of a flaw in an instrument cluster display: the 12.3‑inch panel behind the steering wheel may stay blank at startup. When it fails, drivers won’t see important signals like speed, brake warnings, or tire pressure alerts—raising risk of crashes or injury.
Minnesota State Senator Omar Fateh is facing ethics concerns over legislation he introduced that could have benefited a company owned by his wife, Kaltum Mohamed. The controversy comes as Fateh, who is campaigning as a socialist for Minneapolis mayor, pushes a platform focused on housing and social services.
Mustafa Suleyman, the recently appointed CEO of Microsoft AI and co-founder of DeepMind and Inflection, has issued a stark warning against treating artificial intelligence like sentient beings. In a candid interview with Wired, Suleyman said giving AI any kind of legal or moral rights would be not only premature—but dangerous.
The shutdown of five paper mills in southeast Georgia is expected to slash $2.9 billion annually from the state’s economy, lawmakers were told during a House Rural Development Committee hearing on Wednesday.
Luxury grocery chain Erewhon is bringing its celebrity-backed juices and $20 smoothies to New York City—but only for the ultra-wealthy. The Los Angeles-based brand announced it will open a members-only tonic bar inside the new Kith Ivy padel and wellness club in Manhattan’s West Village, where access requires a staggering $36,000 initiation fee and $7,000 in annual dues.
The Trump administration is charging forward with a major expansion of offshore oil and gas leasing, reversing Biden-era restrictions and signaling a renewed push for American energy dominance. The Interior Department’s Bureau of Ocean Energy Management (BOEM) announced a detailed lease sale schedule covering the Gulf of America and Alaska’s Cook Inlet.
The Tennessee Valley Authority (TVA) and ENTRA1 Energy have signed a landmark agreement to develop a 6-gigawatt nuclear portfolio, the largest deployment of small modular reactors (SMRs) in American history. The deal, signed on September 2, will see six SMR plants built using NuScale Power technology across TVA’s seven-state service region.
