Trump's Nebraska event, AI prescribing, and worker complaints
A mix of political theater and real economic strain, with bad news for commercial property owners, workers, and Trump Mobile customers.
- Commercial real estate deals are falling apart as borrowing costs rise, with buyers forcing sellers to renegotiate.
- Trump backed off using taxpayer money for self-promoting ads after criticism, saying private funds will pay instead.
- Trump Mobile customers had names, emails, phone numbers, and home addresses leaked by a ransomware gang; the company reportedly had no team to handle it.
- Utah approved an AI startup to prescribe medication without a doctor signing off, part of a wider push to hand jobs to AI.
- Musk is a trillionaire again as SpaceX recovers from its post-IPO slump, while his stated goal is the first company with no human workers.
Outlook: Expect more pressure on commercial property values and more AI-replaces-worker announcements, with little appetite in Washington for new worker protections.