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ICYMI: Big Law has been in uproar as firms consider how to respond to executive orders. We found out more about what's happening behind the scenes - & why many top firms have been hesitant to join a legal effort combatting the orders (Gift link) bloomberg.com/news/newslette…

I’m often wrong, but I don’t see him doing a u-turn. This is not a buy-the-dip opportunity. It’s a sell the dip opportunity.

Not often that you hear an expletive in the middle of an earnings call! bloomberg.com/news/articles/…

This is a great day...for penguin memes!

JPMORGAN: "The risk of recession in the global economy this year is raised to 60%, up from 40% earlier" via Bruce Kasman & team

I think the good gentleman from Buffalo appears to have misunderstood my meaning of the word grueling, I have never called the play dangerous. If the NFL wishes to summon me for legitimate thoughts on the tush push under oath, I’d be glad to give my testimony.

Nouriel Roubini expects President Donald Trump's trade war to escalate with China and the market will keep going lower. He says Trump, Xi and Powell are all playing a dangerous game of chicken bloom.bg/3R89Qjo

Scary stat: “Hardship withdrawals” from 401(k) plans are running 15-20% above historical norms. While it’s not yet alarming levels, the CEO of one of the largest retirement plan providers in the country is monitoring it closely. w/ Suzanne Woolley Katie Greifeld & Matt Miller

A new executive order singles out Susman Godfrey for representing Dominion Voting Systems. This isn't just retaliation — it's a warning: represent a client or cause the president dislikes, and you'll be the next target. It's unconstitutional and a threat to the rule of law.

And she's in the majority party

x.com/i/article/1916…

NEWS: Amazon has revised its earlier statement. New version “The team that runs our ultra low cost Amazon Haul store considered the idea of listing import charges on certain products. This was never approved and not going to happen.”- Amazon spokesman Last line: This was never

Great big take on the potential "death spiral" facing US mass transit - with an ominous warning for the 2026 World Cup bloomberg.com/news/features/…

Today, I tendered my resignation from the University of Austin's board of advisers in light of the events described in the account below. quillette.com/2025/05/16/is-…

💔 Our hearts are broken. Sarah Milgrim and Yaron Lischinsky — two young Israeli embassy staffers and cherished members of the AJC community — were murdered while leaving an AJC event in Washington, D.C., last night. They were stolen from us. They had their entire lives ahead

Does sponsoring a recruiting and networking event for Black professionals count as "DEI"? If a NABA Inc. convention earlier this month for finance + accounting was any indication, some companies say "yes"... Delano Squires at Heritage disagreed. Read: bloomberg.com/news/newslette…

Breaking: Qatar suspended air traffic on Monday after the US and UK governments told citizens based in the Gulf state to shelter in place, amid fears that Iran will target US military assets in retaliation for strikes on its nuclear facilities bloomberg.com/news/articles/…

Footage from Doha and the surrounding areas, around 7:30pm local time

ICYMI from me: Can Zohran Mamdani Give New York City Families Free Child Care? - I look into the growing 2-K + beyond movement in NYC and the potential costs after the stunning primary result bloomberg.com/news/articles/…

tl;dr: Today, the erosion of the graduate employment premium appears to be an especially acute concern for men. But policymakers would be wise to consider the implications of this pattern playing out more broadly. My article in full: ft.com/content/a9eadb…