Jake Blumgart
@jblumgart.bsky.social
3.5K followers 430 following 1.2K posts
Reporter for the Philadelphia Inquirer https://www.inquirer.com/author/blumgart_jake/
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jblumgart.bsky.social
The eviction of the homeless encampments between Washington and Reed streets on the Delaware river which I reported were coming last week, to make way for redevelopment of the site, is still unfolding today. Our story TK: www.inquirer.com/real-estate/...
Apartment tower planned for Columbus Boulevard could be the first of three
The proposal is the latest for a parcel that has seen multiple failed development plans in the last decade.
www.inquirer.com
Reposted by Jake Blumgart
inquirer.com
Common Pleas Court candidates Jennifer A. Santiago and Joseph J. Russo and Municipal Court candidate Michael Parkinson will all appear on the ballot as Democratic nominees despite not running in the May primary.

And, with no Republicans in the race, they are all but assured victory. (1/2)
Three lawyers are poised to win ‘magic seats’ as Philadelphia judges after being nominated by Democratic ward leaders
Judicial candidates Jennifer Santiago, Joseph Russo, and Michael Parkinson will all appear on the ballot as Democratic nominees despite not running in the primary.
www.inquirer.com
Reposted by Jake Blumgart
jacobbogage.bsky.social
The government shutdown shows no signs of letting up.

Broke out the handy signs to run through who's getting paid right now, and why/why not.

Questions? Reply in the thread and I’ll work through them today.
jblumgart.bsky.social
There's also a new study out that progressive prosecutors will like: "These findings suggest that the types of policies being implemented by reform prosecutors appear to be decreasing the footprint of the criminal justice system without adverse effects on public safety." www.nber.org/papers/w3436...
Prosecutorial Reform and Local Crime Rates
Founded in 1920, the NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating research findings among academics, public policy makers, an...
www.nber.org
jblumgart.bsky.social
"With about one month until the Nov. 4 general election, the district attorney’s race is awfully quiet. There’s been little in the way of advertising and no public events featuring both candidates have been scheduled. Neither candidate has a full-time campaign staff" www.inquirer.com/politics/ele...
The Philly DA’s race is seeing little money and even less noise with one month to go
With about one month left until the Nov. 4 general election, the district attorney’s race between incumbent Larry Krasner and Republican nominee Patrick Dugan is awfully quiet.
www.inquirer.com
jblumgart.bsky.social
Uh-oh: "Debt is already starting to play a more significant role in the AI build-out. This week, it was reported that Elon Musk’s xAI is looking to raise $12.5bn in debt as part of a $20bn capital raise. Last month, Oracle tapped the bond market for $18bn to help finance its data centres."
jblumgart.bsky.social
"When tech bubbles burst, they can leave stock market investors nursing heavy losses without causing wider damage to the economy...It is only when bubbles are fuelled by large amounts of debt that the risks to the financial system become serious." www.ft.com/content/4e39...
How OpenAI put itself at the centre of a $1tn network of deals
The company behind ChatGPT has signed agreements with many of the largest tech groups, adding to a growing web of financial dependencies across the AI world
www.ft.com
Reposted by Jake Blumgart
global-news-2024.bsky.social
🤖 What the graduate unemployment story gets wrong
Key points:
• People with a degree are faring better, not worse, than their non-graduate counterparts,...
#Unemployment #Worse #Story
Source: Financial Times | What are your thoughts?
Reposted by Jake Blumgart
chrislhayes.bsky.social
Who is this Mandani chap I’ve been hearing so much about?
Reposted by Jake Blumgart