Ellen Chang
@ellenychang.bsky.social
11K followers 9.1K following 1.1K posts
Freelance journalist writing about stocks, personal finance, banking, tech and energy. Formerly at TheStreet. Proud Purdue grad and lover of rescue animals and random acts of kindness. Houstonian.
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Reposted by Ellen Chang
Reposted by Ellen Chang
Reposted by Ellen Chang
Reposted by Ellen Chang
Reuters: US APPEALS COURT WON’T ALLOW DEPLOYMENT OF NATIONAL GUARD IN ILLINOIS PENDING APPEAL
Reposted by Ellen Chang
Again, it is a full-blown federal felony crime for anyone in the White House or Executive Office of the President to order tax investigations into anyone.

And it's not just a crime to DO it, it's even a federal crime for an employee not to REPORT such an order to the Treasury Inspector General.
26 U.S. Code § 7217 - Prohibition on executive branch influence over taxpayer audits and other investigations
U.S. Code
Notes
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(a)Prohibition
It shall be unlawful for any applicable person to request, directly or indirectly, any officer or employee of the Internal Revenue Service to conduct or terminate an audit or other investigation of any particular taxpayer with respect to the tax liability of such taxpayer.

(b)Reporting requirement
Any officer or employee of the Internal Revenue Service receiving any request prohibited by subsection (a) shall report the receipt of such request to the Treasury Inspector General for Tax Administration.

(c)Exceptions
Subsection (a) shall not apply to any written request made—
(1)to an applicable person by or on behalf of the taxpayer and forwarded by such applicable person to the Internal Revenue Service;
(2)by an applicable person for disclosure of return or return information under section 6103 if such request is made in accordance with the requirements of such section; or
(3)by the Secretary of the Treasury as a consequence of the implementation of a change in tax policy.
(d)Penalty
Any person who willfully violates subsection (a) or fails to report under subsection (b) shall be punished upon conviction by a fine in any amount not exceeding $5,000, or imprisonment of not more than 5 years, or both, together with the costs of prosecution.

(e)Applicable person
For purposes of this section, the term “applicable person” means—
(1)the President, the Vice President, any employee of the executive office of the President, and any employee of the executive office of the Vice President; and
(2)any individual (other than the Attorney General of the United States) serving in a position specified in section 5312 of title 5, United States Code.
He could take Sara along with him.
Reposted by Ellen Chang
“.. Journalists from the undersigned defense trade publications will not sign this new policy.”

Military Times
Defense News
Aviation Week
Breaking Defense
Defense Daily
Defense One
Inside Defense
USNI News.

@militarytimes.bsky.social
www.militarytimes.com/news/pentago...
Reposted by Ellen Chang
“.. Pentagon reporters in Arlington, Virginia walk out of the building carrying their belongings after turning in their press badges. Reporters from nearly every major news organization would not sign new rules viewed as an infringement on First Amendment rights ..”

@gettyimages.com
Reposted by Ellen Chang
Reposted by Ellen Chang
“.. As far as anyone knows, no security breach by any Pentagon journalists brought about the new restrictions. Indeed, the biggest violation of national-security norms since Hegseth entered the building 10 months ago was by Hegseth himself ..”

@theatlantic.com
www.theatlantic.com/national-sec...
Reposted by Ellen Chang
#WarRavagedPortland
Un-presidented brass band at city hall in Portland tonight celebrating the release of their clarinet player from federal custody
Reposted by Ellen Chang
"Marc Benioff doesn't actually care if San Francisco is getting better or not. He doesn't care about actual policies. He just wants Daddy Trump to like him, so now he's gonna be fully in on fascism as long as he can keep his f*cking compound and his private jet."
Reposted by Ellen Chang
NESTLE CEO: ".. “The world is changing, and Nestlé needs to change faster. .. This will include making hard but necessary decisions to reduce headcount over the next two years."

@barrons.com
www.barrons.com/articles/nes...
Nestlé Stock Rises as New CEO Plans 16,000 Layoffs. The ‘World Is Changing.’
The cuts are across regions and job functions, Nestlé says.
www.barrons.com
Reposted by Ellen Chang
For the first time, new clean energy generation (solar, wind, nuclear) provided more new GWhs then new electricity demand (369Twh). With continued exponential growth and new geothermal coming online at scale in a few years we should sustain this every year.

ember-energy.org/latest-insig...
Global Electricity Mid-Year Insights 2025 | Ember
Solar and wind outpaced demand growth in the first half of 2025, as renewables overtook coal’s share in the global electricity mix.
ember-energy.org
Reposted by Ellen Chang
After 4️⃣0️⃣ Days on Strike at the Hilton Americas-Houston, WE WON!

Hilton Americas hotel workers have made history as the first hotel workers to go on strike in Texas and the first housekeepers, laundry attendants and stewards to earn a $20 hourly wage in Houston.
Reposted by Ellen Chang
Michelin just blew a tire

*MICHELIN CUTS FORECAST FOR 2025 SEGMENT OPERATING INCOME

thx be here til the bell
Reposted by Ellen Chang
The unwind will be historic
OpenAI’s ‘flatlining’ subs in Europe: The AI boom’s poster child may be struggling to recruit new subscribers, Deutsche Bank warns fortune.com/2025/10/14/o...
Reposted by Ellen Chang
<5 months ago>

How anyone ascribes credibility to anything Bessent says escapes me.
A hack and an unrepentant shill and liar.
*BESSENT SEES DE-ESCALATION WITH CHINA, SITUATION UNSUSTAINABLE
Reposted by Ellen Chang
Wow. Trump's masked federal agents tear-gassed a crowd in Chicago and ended up gassing a bunch of local Chicago cops who were there to *deescalate tensions.* One local cop was captured on film washing out his eyes with a hose:

chicago.suntimes.com/immigration/...
Reposted by Ellen Chang
Open AI is currently building a data center in Texas that will require roughly the equivalent of the power the Hoover Dam produces to operate.

Last week the Whitehouse killed a renewable energy project that was going to produce as much powers as three Hoover Dams.

None of this makes any sense.
Reposted by Ellen Chang
(Reuters) - ChatGPT owner OpenAI is working on new revenue lines, debt partnerships and planning further fundraising as part of a five-year strategy to cover more than $1 trillion in pledged spending, the Financial Times reported on Wednesday.

www.ft.com/content/a169...