Zohran Kwame Mamdani
Albert Edwards, the long-standing strategist at Société Générale known for offering the “alternative view” within the institution, believes the recent political successes of figures like Zohran Mamdani signal the corporate sector’s self-inflicted backlash against “greedflation.” Edwards, whose career in finance dates back to 1982 and who hasn’t been aligned with the “house view” of his investment bank for many years now, has gained a sort of cult following for his skeptical approach to market narratives, once famously writing a note about how appalled he was by “greedflation,” or record profit margins against the backdrop of post-pandemic inflation.
He described it as the “end of capitalism” in 2023, and in conversation with Fortune, absolutely stood by his point. Continue reading
Trump’s once iron grip on the Republican Party is showing cracks, with key lawmakers increasingly resisting his directives. From congressional votes to redistricting battles, several Republicans have openly defied the former president, signalling a shift in political dynamics. Analysts suggest mounting public discontent, recent electoral losses, and legislators planning beyond Trump’s tenure are driving this newfound independence. The developments could foreshadow a GOP less beholden to Trump as the 2026 midterm elections approach. 
Republican Texas Gov. Greg Abbott on Tuesday declared one of the largest Muslim civil rights and advocacy groups in the U.S. a “foreign terrorist organization” under a proclamation that he said allows the state to try shutting them down.
Starting in January 2026, millions of Americans receiving benefits from Social Security Administration (SSA) will see a Cost-of-Living Adjustment (COLA) of 2.8 %, translating to an average increase of about $56 per month for retirees. [
“The politicians are put there to give you the idea that you have freedom of choice. You don’t. You have no choice. You have owners. They own you. They own everything. They own all the important land. They own and control the corporations. They’ve long since bought and paid for the Senate, the Congress, the state houses, the city halls. They got the judges in their back pockets and they own all the big media companies, so they control just about all of the news and information you get to hear… They spend billions of dollars every year lobbying. Lobbying to get what they want. Well, we know what they want. They want more for themselves and less for everybody else… It’s called the American Dream, ‘cause you have to be asleep to believe it.” – George Carlin
Donald Trump floated two actual policies over the weekend. It’s very tempting to be intrigued at this news, because at least he came up with something one could loosely call an idea – about policy, no less. Unfortunately, they were both so stupid and unserious that they only serve to remind us: The less he attempts to think, the better off we all are. 
A few days ago, that question would not have been difficult to answer. The government shutdown was about cuts to Obamacare subsidies that were poised to cause the cost of health care to skyrocket for millions – and that would likely destroy the Affordable Care Act itself. It was about an increasingly lawless and authoritarian administration that had simply stopped participating in normal politics, preferring instead to deploy armed goons in communities across the country. It was about fighting back against a rogue regime to the enthusiastic hurrahs of a base that only last week came out to the polls to deal a hammer blow to the GOP.
For decades, New York City has been on the path of urban decline – the glittering wealth and glamour of Manhattan notwithstanding. It has been losing population for years as retirees, businesses, and anyone with the ability to leave have been abandoning the Big Apple for the sunshine of Florida – and elsewhere. Those anchored to New York City by jobs and families have jumped the border to New Jersey. Even the left-wing mavens and maestros of Manhattan are spending more time in homes in warmer, safer and less expensive red states to the south.
The US hostage crisis – also known as the government shutdown – has been going on for a month now.
Monsters don’t always come wrapped in the trappings of horror or myth.
“Throw the third switch!”
A psychotherapist has explained why many attendees of last week’s No Kings protests were educated white women in their forties.