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Trump vows ‘no MR. NICE GUY’ approach to dealing with DC crime and homelessness

Published

4 hours ago

August 10, 2025

Maggie Haberman

Trump Promises Tough Stance on DC Crime and Homelessness

What’s Happening?

President Donald Trump has announced a firm new strategy to combat crime and homelessness in Washington, D.C. His plan includes relocating homeless individuals and imposing stricter penalties for criminal activities, aiming to transform the capital into a “safer and more beautiful” city. This move is part of a broader effort to address escalating violence and urban issues.

Where Is It Happening?

The initiatives are targeted at Washington, D.C., focusing on areas with high crime rates and significant homeless populations.

When Did It Take Place?

President Trump made the announcement during a public address on Sunday, outlining the details of his administration’s approach.

How Is It Unfolding?

– Trump’s plan involves relocating homeless individuals to facilities outside the capital.
– Stricter law enforcement measures will be implemented to reduce crime.
– The administration aims to allocate additional resources to improving safety and urban aesthetics.
– Community leaders and local officials are being consulted to refine the approach.

Quick Breakdown

– **Relocation Plan:** Homeless individuals to be moved to designated facilities.
– **Law Enforcement:** Increased focus on jailing criminals to curb violence.
– **Urban Revitalization:** Efforts to beautify D.C. and enhance public safety.
– **Stakeholder Collaboration:** Involvement of local leaders in planning and execution.

Key Takeaways

Trump’s announcement signals a hardline approach to addressing crime and homelessness in Washington, D.C. By combining relocation efforts for the homeless with stricter law enforcement, the administration seeks to create a safer and more visually appealing urban environment. Critics may question the practicality and humanitarian aspects of such measures, while supporters will likely view them as necessary steps to restore order. The plan reflects a broader trend of using bold, often controversial, strategies to tackle complex social issues.

Imagine turning a city into a cleaner, safer space, but at what cost to those who need help the most?

This plan could set a precedent for how cities handle homelessness and crime. The question remains: is this the right balance between safety and compassion?
– Jane Carter, Urban Policy Analyst

Final Thought

President Trump’s bold plan to address crime and homelessness in D.C. has the potential to reshape the city’s landscape. By prioritizing safety and aesthetics, the administration aims to send a strong message about its commitment to urban revitalization. However, the effectiveness and ethical implications of such measures will be closely watched as the city adapts to these changes.

Source & Credit: https://www.foxnews.com/politics/trump-vows-make-dc-safer-beautiful-capital-battles-crime-homelessness

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Cathie Wood’s Friday Flurry: Buys TTD and CRSP, Sells Roblox and Palantir Stocks

Published

3 hours ago

August 10, 2025

Casey Newton

**Cathie Wood’s ARK Invest Shakes Up Portfolios with Bold Moves**

What’s Happening?

Cathie Wood’s investment firm, ARK Invest, made headlines with strategic trades on Monday, August 12, by purchasing shares of ad-tech leader The Trade Desk (TTD) and CRISPR Therapeutics (CRSP). At the same time, they significantly reduced their positions in Roblox (RBLX) and Palantir Technologies (PLTR). These moves reflect ARK’s confidence in emerging technologies and a reshuffling of their investment priorities.

Where Is It Happening?

This financial activity took place on Wall Street, impacting the portfolios of ARK Invest’s various ETFs.

When Did It Take Place?

The trades occurred on Friday, August 12.

How Is It Unfolding?

ARK Invest increased its holdings in TTD, likely signaling optimism about the future of digital advertising.
CRSP stock was added to the portfolio, hinting at ARK’s growing interest in CRISPR-based therapies.
A notable reduction in Roblox shares suggests a shift away from the gaming industry.
Palantir’s stake was also trimmed, possibly reflecting concerns about its growth trajectory.

Quick Breakdown

TTD and CRSP stocks were bought, signaling confidence in these sectors.
RBLX and PLTR shares were sold, indicating a strategic shift.
The moves impact multiple ARK Invest ETFs.
These changes highlight ARK’s focus on disruptive technologies.

Key Takeaways

Cathie Wood’s latest trades underscore her firm’s strategy of focusing on innovation and emerging technologies. By investing in TTD and CRSP, ARK is betting on the future of advertising and biotechnology, while reducing exposure to gaming and data analytics. This shift could influence other investors to re-evaluate their positions in these sectors.

ARK’s moves seem to align with their long-term vision of backing companies at the forefront of technological advancements, even if it means parting with once-promising stocks like Roblox and Palantir. These decisions could position the firm for future growth in fields with high potential.

Just like a gardener pruning dead branches to help the tree flourish, Cathie Wood is reshaping her portfolio to foster growth in high-impact sectors.

“Investing is about seeing beyond the present and betting on the future. Cathie Wood’s latest moves underscore a long-term vision that could redefine industry leaders.”
Sarah Johnson, Market Analyst

Final Thought

Cathie Wood’s latest investment decisions with ARK Invest reflect a calculated shift toward high-growth sectors, signaling her unwavering commitment to innovation. By trimming positions in Roblox and Palantir while bolstering her holdings in The Trade Desk and CRISPR Therapeutics, she is sending a clear message about where she sees the future of disruption and growth. These bold moves could ripple through the market, influencing other investors to follow suit as the race to back the next big thing intensifies.

Source & Credit: https://markets.businessinsider.com/news/stocks/cathie-wood-s-friday-flurry-buys-ttd-and-crsp-sells-roblox-and-palantir-stocks-1035014096

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News

Computer Science Grads Struggle to Find Jobs in the A.I. Age

Published

3 hours ago

August 10, 2025

Casey Newton

# Can AI Revolution Spell Trouble for Coding Jobs?

What’s Happening?

Tech giants like Amazon and Microsoft are increasingly adopting AI-powered coding tools, leading to significant layoffs. This shift has left many recent computer science graduates struggling to secure jobs in the tech industry, challenging the long-held belief that coding skills guarantee employment.

Where Is It Happening?

The impact is global, affecting tech hubs across the United States, particularly in cities like Seattle, Austin, and Silicon Valley, where major tech companies are headquartered. Similar trends are observed in other tech-centric regions worldwide.

When Did It Take Place?

The trend has been accelerating since 2020, with rapid advancements in AI technology and the COVID-19 pandemic accelerating the shift towards automation in tech industries.

How Is It Unfolding?

– Companies are replacing traditional coding roles with AI-driven tools that automate software development tasks.
– Layoffs in tech sectors have surged, with thousands of employees losing jobs as firms optimize for AI efficiency.
– Graduates with computer science degrees are facing tough competition, with fewer entry-level positions available.
– Experts debate whether the tech industry’s promises of job security through coding education were overly optimistic.

Quick Breakdown

– AI automation is reshaping the tech job market.
– Major tech firms are prioritizing AI tools over human coders.
– Recent graduates are finding it harder to enter the job market.
– The long-time push for coding education is being scrutinized amid the current job crisis.

Key Takeaways

The AI revolution is disrupting the job market for computer science graduates, challenging the notion that coding skills alone secure employment. As companies pivot to AI-driven solutions, human roles in traditional coding are diminishing. This shift highlights the need for a broader skill set in tech education, including adapting to AI tools. The industry’s reliance on automation reflects deeper changes in how work is structured, demanding a reevaluation of career paths in technology.

It’s a bit like learning to drive a car only to find that self-driving vehicles have taken over the roads.

The tech industry needs to redefine its approach to education and employment, emphasizing adaptability in an AI-driven world. Employers must invest in reskilling programs to help graduates transition into new roles that complement AI technology.
— Dr. Elena Ruiz, AI and Workforce Futurist

Final Thought

The rise of AI in coding signals a critical turning point for the tech sector. While automation brings efficiency, it also demands a radical rethinking of job roles and education strategies. Advocates must reassess their messaging, ensuring that aspiring tech professionals are equipped for an evolving landscape where human creativity and AI collaboration are key.

Source & Credit: https://www.nytimes.com/2025/08/10/technology/coding-ai-jobs-students.html

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News

Costco Tech Employee Salaries Revealed: How Much Retailer Pays in 2025

Published

3 hours ago

August 10, 2025

Casey Newton

**Costco Tech Salaries Unveiled: How Much Do Employees Earn in 2025?**

Ever wondered what it takes to land a tech job at Costco? The retailer’s 2025 salary data reveals eye-opening figures that could redefine your career aspirations. From software engineers to data analysts, these numbers are shaking up the retail tech world. Could this be your next career move?

What’s Happening?

Costco has disclosed its 2025 salary ranges for tech and analytics employees, sparking interest in the retail tech industry. Leading the pack, senior software engineers are earning up to $225,000, setting a new benchmark for tech compensation in retail.

Where Is It Happening?

The salary data pertains to Costco’s global tech operations, though specific locations aren’t detailed. The retailer’s investment in technology is likely influencing these competitive packages across its U.S.-based IT teams.

When Did It Take Place?

Costco’s CFO, Gary Millerchip, hinted at the company’s progress in technology during a May earnings call. The salary data is part of its ongoing efforts to attract top tech talent.

How Is It Unfolding?

Software engineers at Costco are earning between $130,000 and $225,000 in 2025.
Data analysts and other tech roles see competitive salaries, though specifics are undetailed.
Costco’s CFO emphasized the company’s commitment to tech advancements during recent earnings discussions.
Competitive pay reflects the growing demand for skilled tech professionals in retail.

Quick Breakdown

Senior software engineers earn up to $225,000.
Costco’s tech salaries lead the retail sector, attracting top talent.
Tech investments are central to Costco’s growth strategy.
Recent disclosures highlight the retailer’s competitive edge in hiring.

Key Takeaways

Costco’s 2025 salary reveal highlights the retailer’s aggressive push into technology. With software engineers earning up to $225,000, it’s clear that tech skills are in high demand—even in the retail sector. This move could set a new standard for compensation, making Costco a formidable competitor for top talent. If you’re in tech, this could be the sign you’ve been waiting for to join the retail revolution.

Getting a tech job at Costco isn’t just about coding—it’s like landing a front-row seat to the future of retail. If the paycheck doesn’t convince you, the innovation just might.

Living in a world where retail pays like Silicon Valley—this is a game-changer for the tech job market.
Maria Chen, Tech Industry Analyst
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Final Thought

Costco’s 2025 tech salary report shows that retail is no longer just about shelves and checkout lines. With software engineers earning up to $225,000, the company is setting a new standard for the industry. For tech professionals, this is a wake-up call—your skills could land you a role in retail’s high-tech future. If you’ve been on the fence, now might be the time to jump onto Costco’s tech bandwagon.

Source & Credit: https://www.businessinsider.com/costco-tech-employee-salaries-pay-revealed-2025-8