Author: Press Room
The Era of Unlimited Labor Supply Is Over Home Depot’s $5.5 billion purchase of GMS Inc., a Georgia-based distributor of wallboard and steel framing, might look like a standard corporate acquisition. It’s anything but. Combined with last year’s $18 billion acquisition of SRS Distribution, this deal marks a quiet but profound shift in the logic of American business strategy. Companies are no longer assuming that labor is abundant. They’re building for a future where it’s scarce—and expensive. For decades, American businesses operated on the assumption that low-skilled labor was essentially limitless. If you couldn’t find enough workers, you lobbied for…
Senator Katie Britt (R-AL) said Sunday on CNN’s “State of the Union” that President Donald Trump’s spending package will likely get a final vote in the Senate on Monday. Host Jake Tapper said, “When do you expect the final vote to be and will it pass?” Britt said, “So right now obviously you see Senator Schumer having the entire bill read. So clerks actually have to do that for the people who are watching this. So they’re doing that all through the night. And then they’ll be doing that probably for I think they’re about halfway through now. So we’re…
One of the US president’s children has said his family “had not profited from politics” Eric Trump, one of US President Donald Trump’s three sons, has hinted at the possibility of himself or a family member running for his father’s office in the 2028 elections.Since 2017, Eric and his older brother, Donald Trump Jr., have co-headed the Trump Organization; their father transferred its management to them to avoid conflicts of interest during his first term in office. Eric oversees Trump Hotels, a world-wide chain of luxury hotels and resorts.In an interview with the Financial Times last Friday, when asked if…
Screenshot of Aidan Perry via Fox 35 Orlando YouTube channel In the midst of tragedy, there’s always a bright spot. A Florida man who was shot in the chest miraculously survived thanks to his cross necklace. Aiden Perry, 20, was accidentally shot in the chest by a friend who was showing off his gun. The bullet’s original path was to Perry’s heart, but the bullet ended up deflecting into fatty tissue after hitting Perry’s cross necklace. Doctors stated that if Perry wasn’t wearing the necklace, the bullet would have pierced his heart. Perry told WFLA, “I look at it…
(Photo by David Bloom) California’s incentive program to keep film and TV production in state is undergoing a vast, and vastly important makeover, beginning with Friday’s approval of a bill that more than doubles the amount of reimbursements available to production companies. Even bigger changes are expected later this week. Friday’s legislation bumps the annual amount of incentives available from $330 million to $750 million. “That is a huge step forward,” said DeeDee Myers, the former Clinton White House press secretary who as direoverseeing California Gov. Gavin Newsom’s big revamp of state filming incentives. She heads Newsom’s office of business…
Sen. Marsha Blackburn (R-TN) on Monday said she opposes Sen. Ted Cruz’s (R-TX) provision in the Big Beautiful Bill that would set a ten-year moratorium on state-based artificial intelligence regulations. Early Monday morning reports found that Senate Commerce Committee Chairman Ted Cruz and Blackburn struck a deal on a Big Beautiful Bill provision that would provide states $500 million in additional funding for the Broadband, Equity, Access, and Deployment (BEAD) program as long as states do not regulate artificial intelligence. Blackburn and Cruz struck a deal Monday that would have carveouts in the provision to “protect kids, creators, and other vulnerable…
An Iranian border governor revealed this week, Afghan news outlets relayed, that Iran has dramatically increased the rate of mass deportations of Afghans, resulting in over 8,000 repatriations a day. The Afghan news agency Khaama Press quoted the governor of Taybad, a city on the border with Afghanistan, on Sunday stating that Iran has successfully deported over 95,000 people in the past week. He claimed, however, that many of those being returned to their home country had chosen to leave Iran and that Tehran was following appropriate legal protocol before removing those in question. The reported deportations are part of…
The government of China published its annual Communist Party statistics on Monday, revealing a modest 1.1 percent increase in the number of official members and a decline in the number of members under 35. While state-run newspaper Global Times celebrated the data as proof that the Party is “continuing to improve” and “growing stronger,” Hong Kong’s South China Morning Post observed that, compared to past year, the Party grew more slowly while seeing its number of seniors grow significantly. The Chinese Communist Party’s Organization Department typically publishes these numbers in late June every year in anticipation of the anniversary of the founding of…
Senator Chris Murphy (D-CT) said Sunday on NBC’s “Meet the Press” that President Donald Trump is acting more lawless than he did in his first term when asked about possible impeachment. Host Kristen Welker said, “I want to follow up with you because you said the strikes were illegal because they were carried out without congressional approval. Your colleague, Alexandria Ocasio-Cortez, said it is grounds for impeachment. Do you agree with that and the fact that President Trump acted unilaterally for grounds for impeachment?” Murphy said, “That is a decision the House makes, not a decision the Senate makes. But it…
President Trump is scheduled to visit Florida’s new “Alligator Alcatraz” facility, which he plans to use for housing illegal aliens, on Tuesday, White House Press Secretary Karoline Leavitt confirmed to reporters earlier. “There is only one road leading in, and there is— the only way out is a one way flight,” Leavitt said. “It is isolated and surrounded by dangerous wildlife and unforgiving terrain.” The President has long embraced tough lock-up conditions for violent criminals “as a symbol of Law, Order, and JUSTICE.” Last month, President Trump ordered the Bureau of Prisons to reopen the original Alcatraz off the coast…