What we are reading July 30, 2025

Corporate headcounts are shrinking, and all sorts of news and information from around the web are here for you to enjoy.
We Are Drinking So Much Matcha That Supplies Are Running Out
As matcha demand grows—so do prices—and a hot and dry spring in Kyoto do not demonstrate that supply will grow anytime soon.

A battery of new data shows how the US economy is holding up amid Trump’s tariffs | CNN Business
A deluge of economic data released Thursday should have provided a clearer picture of how the US economy is faring in the face of President Donald Trump’s massive policy shifts. But the latest numbers were a mixed bag, leaving economists still scratching their heads.

Scream Club Chicago offers a safe release of bottled-up energy
Manny Hernandez has been leading a group in weekly screaming sessions by the lake. The breath-work practitioner says the exercise helps externalize internal tensions.
US Navy submarine will be out 5 years due to ‘poor seamanship’
The USS Connecticut will return to service in 2026, five years after hitting an underwater mountain near Japan.

This could be the most consequential week for the economy in years | CNN Business
The state of President Donald Trump’s economy is about to come into full view.
A new AI coding challenge just published its first results — and they aren’t pretty | TechCrunch
A new AI coding challenge has revealed its first winner — and set a new bar for AI-powered software engineers.

Trump’s big beautiful bill may force your local grocery store to close | CNN Business
Large chains like Walmart, Kroger, and Dollar General can absorb the cuts to SNAP. It’s the small, independent grocers that depend heavily on the program that will be hit hardest.

The Guardian view on global inequality: the rising tide that leaves most boats behind | Editorial
Editorial: The world’s assets are piling up in the hands of the few as growth is built on widening gaps. That’s not just unfair – it’s economically unsustainable

Trump’s trade war victory is already under siege | CNN Business
The economy was supposed to crumble. The trade war was expected to escalate out of control. Markets were forecast to plunge. None of that has happened. But Trump’s early trade victory may be short-lived. In fact, it is already showing signs that it may not last.

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