The house always wins. It's an adage that always holds up. Well, almost. On occasion, the house loses, like when Donald Trump runs the casinos. These days, Trump is running a much larger game with much higher stakes. Is an American economy that seemed to hold all the cards just a few months ago headed for a historically bad beat? Well, if you're placing your bets, you might want to check with Las Vegas first. The sin city has often served as a bellwether for what's in the cards for the broader American economy. Economic uncertainty, tariffs, and a hit to international travel are taking a toll. NPR: Las Vegas sees drop in tourism, hinting at broader economic woes facing the US. "Summer is typically a slower season for Las Vegas given its heat, and June was a quieter convention month than last year, according to experts on Las Vegas tourism. But the dip in tourism also comes amid growing concerns over the impact of President Trump's global trade war and immigration policies on international travel to the U.S. Meanwhile, rising prices and tariffs appear to be changing how American consumers are spending their money." 2Kiss the Ring"The exchanges highlight how corporations have changed their lobbying strategies to adapt to a uniquely transactional president who prioritizes wins and deals. Executives who have long outsourced the messy practice of lobbying to consultants or dark-money groups have learned that the best way to shape Trump’s policies is often through a late-night call to the president or a visit to one of his golf resorts." WaPo (Gift Article): America’s CEOs come to the White House bearing gifts and flattery. (Or what Colbert calls, The Apple iKiss.) 3A Bubbling Cauldron"A decision in the Perrier case is due in the coming months. It follows revelations in the French media about illicit filtration systems that have been widely used in the industry, apparently because of worries about water contamination." The big story here isn't that some supposedly natural water has been treated before hitting the bottle. The big story is why companies feel the need to filter. And that's a climate story. Is Perrier as pure as it claims? The bottled water scandal gripping France. 4Weekend WhatsWhat to Book: "In the fall of 1980, when I was fourteen, a friend of my parents named Naomi Shah fell in love with me. She was thirty-six, a mother of two, and married to a wealthy man. Like so many things that happened to me that year, it didn’t seem strange at the time." Playworld by Adam Ross is an epic coming of age story about a teen actor set in NYC in the 80s that more than lives up to its stellar reviews. It's so great. 5Extra, ExtraVlad Handing: "Such an outcome would represent a major win for Putin, who has long sought direct negotiations with the US on terms for ending the war that he started, sidelining Ukraine and its European allies. Zelenskiy risks being presented with a take-it-or-leave-it deal to accept the loss of Ukrainian territory, while Europe fears it would be left to monitor a ceasefire as Putin rebuilds his forces." Bloomberg (Gift Article): US and Russia Plan Truce to Cement Putin’s Gains in Ukraine. 6Feel Good Friday"The journey was no longer impossible, but that didn’t make it any less audacious. One great waterway, newly freed from the stranglehold of four hulking dams. More than 300 miles, through some of the most intense rapids in the West. And 15 young kayakers, nearly all of them new to the sport." 15 teens. 300 miles. One mighty ancestral river, running free. |
Friday, August 8, 2025
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