Author: V. Alure

A sweeping crackdown on immigration in President Donald Trump’s second term, characterized by elevated deportations and strict new visa bans, has precipitated an 80% collapse in net immigration to the U.S., according to a new analysis by Goldman Sachs. The report, released Feb. 16, warns the dramatic contraction in the flow of foreign-born workers is fundamentally altering the nation’s labor supply mathematics and lowering the threshold for job growth needed to maintain economic stability. The investment bank’s U.S. economics team, in a report led by David Mericle, projected a precipitous drop in the arrival of new workers. While net immigration…

Shares of cbdMD, Inc. (NYSE YCBD) rose 10.72% to $0.78 in Tuesday afternoon trading following the release of its fiscal first quarter 2026 results. The stock has traded in a 52-week range of $0.47 to $3.96, reflecting ongoing volatility in the cannabinoid sector as companies navigate shifting federal regulations and capital constraints. The Charlotte-based CBD producer reported net sales of $5.02 million for the quarter ended Dec. 31, 2025, a 1.9% decrease from $5.11 million in the prior-year period. While revenue remained essentially flat, the company successfully narrowed its net loss attributable to common shareholders to $324,602, or $0.04 per…

We research all brands listed and may earn a fee from our partners. Research and financial considerations may influence how brands are displayed. Not all brands are included. Learn more. Warren Buffett may be best known for his investing success, but his diet has also made headlines for years. He’s known to, like many people, drink Coca-Cola, eat McDonald’s and enjoy ice cream. Those inexpensive foods may not be what you’d expect from one of the richest people in the world. But the legendary investor is famously frugal, and his spending habits provide three lessons for people who are working…

An 18-year-old man was arrested Tuesday afternoon after running toward the United States Capitol building while armed with a loaded shotgun, prompting a swift response from U.S. Capitol Police and a lockdown of portions of the National Mall area in Washington, D.C.Authorities say the incident unfolded just after noon on Feb. 17, 2026, when the young man parked a white Mercedes SUV on the 100 block of Maryland Avenue, a block from the Capitol’s West Front. At a press conference, Capitol Police Chief Michael Sullivan described how the man exited the vehicle carrying the shotgun and began sprinting several hundred…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.David Ellison’s CBS is facing fresh turmoil after anchor Anderson Cooper announced his exit and host Stephen Colbert said the network stopped him from airing an interview with a Democratic politician amid concerns about political repercussions.Cooper is leaving 60 Minutes after nearly two decades in the latest shake-up at CBS News following the appointment of Bari Weiss as editor-in-chief of the ailing television network.Cooper’s departure and Colbert’s public airing of another dispute with CBS underscore the strains inside the network as its…

A person secures the flags during a ceremony where New York City officials re-raise the Pride flag at the Stonewall National Monument in Greenwich Village, Manhattan, on Feb. 12, 2026, after its removal by the National Park Service earlier this week. Timothy A.clary | AFP | Getty ImagesThe Trump administration was sued Tuesday over the abrupt removal of the Pride rainbow flag last week from the Stonewall National Monument in New York City, at the site of the 1969 uprising that ignited the gay rights movement in the United States.The lawsuit, filed by a group of LGBTQ+ advocates and a…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Two US teachers’ unions have asked the Securities and Exchange Commission to investigate private markets giant Apollo Global Management for its “lack of candour” over its ties to the sex offender Jeffrey Epstein. The American Federation of Teachers and the American Association of University Professors told the SEC’s enforcement director Margaret Ryan in a letter on Tuesday that they believed Apollo’s communications to investors “give an inaccurate and incomplete picture of the firm and its partners’ connections to Epstein”. It comes after…

Rumors of an ICE detention center in a town in Texas have prompted a declarative response from a billionaire Trump supporter. The centers have been compared to concentration camps. As rumors swirled that ICE was eyeing warehouse properties with the aim of creating new detention facilities—an expansion of the now-defunct “Alligator Alcatraz” or the camps that separated immigrant families during President Donald Trump’s first term—billionaire Edward Roski Jr. stood firm.  Yes, the Department of Homeland Security had approached his company, Majestic Realty, to sell a 1-million-square-foot facility that could hold up to 9,500 beds, Roski confirmed. But no, this deal…

“Those who do not learn history are doomed to repeat it.” So said George Santayana, the Spanish-American philosopher who was a star Harvard professor before resettling in Europe and becoming an influential public intellectual. Santayana’s writings served as a guiding light during some of the darkest days of two World Wars and the near cataclysm of the mid-20th century—a fate that none other than Ray Dalio sees repeating itself in the near future. So maybe it’s time for a quick history lesson about the first couple industrial revolutions, with the labor force going through what leaders such as Nvidia’s Jensen…

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