a woman is looking at herself in the mirror in front of a candle . ALT: a woman is looking at herself in the mirror in front of a candle .

I'm buying long skirts and marking my calendar

Allbirds shares soar 600% as it pivots from footwear to AI | CNN Business Shares of Allbirds — the 2010s pioneer of trendy sneakers and eco-conscious Millennial retail marketing — took flight in an almost comical fashion Wednesday morning after the company announced an extr...

The nail in the coffin of Millennial optimism

I don’t know how you run this story on a pile of evidence that amounts to “these two cryptography enthusiasts on the internet sometimes said similar things”

I just read it and am shocked by how flimsy the evidence is. I don’t really care who Satoshi is, but it’s … probably not Adam Back

So good.

Why Wall Street seems to keep believing Trump | CNN Business If you’ve been paying attention to, like, the news, you may be tempted to see Wall Street’s Monday morning 180 from despair to euphoria as a sign that stock traders are all a bunch of rubes.

This Nightcap is dedicated to you

What’s the metaverse? Just a distraction from Facebook’s real-life hellscape

The first words I ever published about the Metaverse 💅

It's really great! (Ben's movie, that is - not the SBF series, which I'm just learning about here and now am scared to watch)

The trailer for EVERYONE IS LYING TO YOU FOR MONEY. In select theaters starting April 17th 🍿🤑🤣

Horrifying as expected but also pretty funny at the end when Mace says "if you can't define what a woman is, you can't define what fraud is."

Just days before the United States launched a major military operation in Iran, FBI Director Kash Patel fired a dozen agents and staff members from a counterintelligence unit tasked with monitoring threats from Iran, according to two sources familiar with the matter. They were ousted for a simple reason: Each was involved in the investigation of President Donald Trump’s alleged retention of classified documents at his Mar-a-Lago estate.

The FBI director fired a dozen counterintelligence experts, days before the Iran attacks, because those people did their jobs.

www.cnn.com/2026/03/03/p...

Jack Dorsey Blamed AI for Block’s Massive Layoffs. Skeptics Aren’t Buying It. Block—owner of payment apps, bitcoin and music streaming—grew its workforce to nearly 13,000 during the pandemic.

“This isn’t an AI story. It’s a workforce correction wearing an AI costume,” wrote Jason Karsh, a former Block employee, on X.

Gift link:

The biggest obstacle to this website's growth is that almost all of its user base goes to bed at 8 pm

This economic idea transfixed Wall Street and Washington. It may be a mirage. Massive investment in AI contributed “basically zero” to U.S. economic growth last year, Goldman Sachs has calculated.

"The narrative that U.S. growth was dependent on AI spending emerged early last year when the economy looked wobbly ...

It was tough to shake the narrative once it took hold."

Employee compensation and corporate profits as share of GDP, 4Q

Super sustainable, I'd say

A year in, it’s official: Americans, not foreigners, are paying for Trump’s tariffs | CNN Business A new report from the Federal Reserve Bank of New York confirms what economists have long warned about: The burden of tariffs is borne almost entirely by the people living in the country that imposes ...

Gosh if only some economist would have warned us this would happen

AI CEO warns AI’s disruption will be”much bigger” than COVID: “the people I care about deserve to hear what is coming”

Every time one of these AI CEOs goes viral for saying the most self-serving, demonstrably false nonsense I am fascinated by how many people take it seriously.

Exclusive: OpenAI disbanded its mission alignment team Joshua Achiam will become the company's chief futurist

OpenAI disbanded its mission alignment team, created in 2024 to promote the company's stated mission to ensure that artificial general intelligence benefits all of humanity, per @caseynewton.bsky.social @platformer.news.web.brid.gy

NYC’s first free grocery store opens next week—here’s everything we already know about it Yes, it’s real: free groceries, no catch.

This is not a "free grocery store," it's a pop-up food bank, open for one long weekend, designed to give Polymarket some good press.

Prof. Rouwenhorst Discusses Yale's 378 year-old Perpetual Bond with the BBC

Fun fact: Yale University holds a 379-year-old “perpetual” bond, written on goat skin and issued by Hoogheemraadschap Lekdijk Bovendams, a Dutch water authority. som.yale.edu/story/2026/p...

Stablecoin law allows crypto firms to profit from fraud, prosecutors say | CNN Business Exclusive: Stablecoin law allows crypto firms to profit from fraud, prosecutors say

Scoop: In a letter to lawmakers, NY AG Tish James and four DAs call out Tether and Circle for throttling law enforcement efforts to claw back funds for victims of fraud.

Instead of career journalists, we really ought to be sending Gen-Z interns with three roommates and no health insurance to cover Davos

In my “listening to Max Richter and crying while I make dinner” era, join me fam this shit rips

To be clear: I don’t begrudge the reporters for this. And I know it’s a tough headline spec. But come on.

“Racy Images Grok Created Fuel Outcry”

“Racy”

X basically industrialized the creation of fake porn of women who don't consent. Others did it first, but Grok made it normalized and centralized: publicly visible, instantly creatable by anyone, regardless of who's being targeted and dehumanized. Only question now is will X suffer any consequences

Crypto’s slump may be a cultural problem as much as a financial one | CNN Business Crypto managed to have a year without a systemic collapse or major scandal. And it’s still shaping up to be one of the industry’s worst years ever.

There are no more Gary Genslers for crypto to blame for its problems. The industry got everything it wanted this year, and it still can't find its footing.

hat tip to @djlavoie.bsky.social who is always pitching me smart ideas. (Like marrying him.)

Why 2026 could be the year of anti-AI marketing | CNN Business It’s getting harder to escape AI slop. But a growing backlash could put a premium on “human-made” content.

We're already seeing brands shun AI. That's only going to get louder as corporate America realizes their consumers aren't computers.