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💡 Random bits

8 days ago · blockclubchicago.org

This is an exciting development for Chicago and the state of Illinois. Nearly 200 million fully autonomous miles logged on U.S. roads — plus billions in simulation. Welcome, Waymo!

9 days ago · bloomberg.com

Shoppers have been forced to get used to a new normal they plainly resent. While inflation has slowed overall, the costs of things Americans often want or need most continue to rise — like groceries, utilities and housing.

10 days ago · podcasts.apple.com

Ed Olson unpacks where refunds stand following the Supreme Court’s decision last week with guests Peter Harrell and Ryan Petersen.

The consensus is that importers (domestic and, ironically, foreign) will receive refunds (the ruling found that the Section 232 tariffs were illegally levied; refunds are the remedy). In some cases, importers will receive what feels like a windfall. The American consumer, who pays the bulk of the tariff costs in the form of higher prices, will not get their money back.

It wouldn’t surprise me if the President offers some token tariff benefit to the public in tonight’s State of the Union address to try to sway public opinion on tariffs, which is overwhelmingly negative.

11 days ago · bloomberg.com

Bloomberg looks at 12 data points ahead of the midterms

11 days ago · bloomberg.com
12 days ago · hellooperator.substack.com

🥇

13 days ago · podcasts.apple.com

Pretty fun and fascinating conversation. The code in those pull requests — none written by hand. This all changed for him in the last three months.

23 days ago · bloomberg.com

Let’s hope this passes given the size of our trading relationship (17-18% of US goods exported go to Canada, 74-76% of Canada’s goods exports go to the US).