May 26, 2025

@Chrisontheair Chris Merrill - Politics as Usual, Olympics, Border Holding Off, Economy Stupid.

39 minutes

The Trump administration has canceled $33 million worth of federal funds meant to help pay for earthquake retrofits in California — sparking “grave concern” and a call to reconsider from one of the state’s highest elected officials. Los Angeles hotel operators are threatening to withdraw from agreements to provide discounted rooms for the 2028 Olympic Games over a city ordinance that will significantly boost the minimum wage for hotel and airport workers. American travelers plan to take shorter trips this summer, with 41% surveyed taking a trip of three nights or fewer compared with 37% last year, according to a Deloitte report. More than half of Americans expect to spend less on fun expenses — like entertainment, travel and eating out. Nearly two-thirds of Americans say they think a recession is coming, according to a new survey from LendingTree. In the survey, conducted in April, 47 percent of respondents say they think a recession is coming in the next six months, while 15 percent say they think a recession is coming “but not in the next 6 months.”

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