What we are reading today, July 23, 2025.
Plenty of news this week, and here are some of the big stories that we are seeing.
Rich American Express customers continue to spend freely, with one exception
American Express said Friday that travel spending in the quarter was weaker than transactions for goods and services.
Hugh Son
The Godfather Presidency: How Donald Trump’s Governing Style Mimics the Mob
Forget the comparisons to fascists and autocrats. The most accurate model for understanding the transactional tough guy in the White House is the politically connected underbelly of 1970s and ’80s New York real estate.
Sam Tanenhaus
Google’s AI Refuses to Even Play Chess Against 1977 Atari, After Hearing What It Did to Other Cutting-Edge AIs
Google’s Gemini AI chatbot boasted that it would crush the Atari 2600 at chess — before cowering in fear in the face of a superior machine.
Frank Landymore
CEO: One stunning data point explains the ‘Gen Z stare’—and why it’s going to backfire on them
If you’ve worked with Gen Z, you’ve probably seen the “Gen Z stare”: that facial expression that somehow manages to mix disdain, defiance, and utter disinterest all in one blank look. But here’s why experts say it’s going to backfire — and make it even harder for them to land a job.
Suzy Welch, Contributor
Going Out Of Business Sale For JPL Satellites
an effort is underway to get rid of their satellite inventory
Keith Cowing
Banks are thriving so far in Trump’s economy. Here’s what that means for markets and the consumer
Banks are giving the all-clear signal on the U.S. economy during the turbulent opening months of the second Trump presidency.
Hugh Son
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