Lightnews — Scholar-powered news

James Mackintosh @jmackin2.bsky.social · 7h

Waller's hopes for Agentic AI including using it to save time "paying bills". Even the backward US financial system can already do autopay, though it doesn't have the protections of the UK's direct debits.

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James Mackintosh @jmackin2.bsky.social · 7h

To help tackle street bike thieves? One crew had 1.5 miles of aluminium foil according to this piece www.nytimes.com/2025/10/15/w...

London Became a Global Hub for Phone Theft. Now We Know Why.

www.nytimes.com

James Mackintosh @jmackin2.bsky.social · 12h

I think you misunderstood "black cabs"

James Mackintosh @jmackin2.bsky.social · 12h

Full story: London’s famous black cabs are about to get some new competition: robotaxis www.wsj.com/tech/waymo-d... via @WSJ

Driverless Taxis to Take On London’s Storied Black Cabs

Waymo plans to launch a robotaxi service in the U.K. capital next year.

www.wsj.com

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James Mackintosh @jmackin2.bsky.social · 12h

London robotaxis is going to be a great test for non-grid city. Take a left, right, left, not that left, no stay in the middle lane, and watch the cyclist. And the other cyclist. And the loon in the ancient Rover 216, the one behind the moped overtaking illegally in the bike lane

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James Mackintosh @jmackin2.bsky.social · 12h

I wonder if Barclays prompted ChatGPT to get this Star Wars title on its latest note?

"AI investment: Overestimating the force: A new hope, too soon"

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James Mackintosh @jmackin2.bsky.social · 15h

This fake story will never die

James Mackintosh @jmackin2.bsky.social · 15h

Have you seen their cooling systems? Makes my i5 passive cooler look small

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James Mackintosh @jmackin2.bsky.social · 3d

Not real

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James Mackintosh @jmackin2.bsky.social · 5d

www.wsj.com/economy/fede...

Tariffs Are Way Up. Interest on Debt Tops $1 Trillion. And DOGE Didn’t Do Much.

The books have closed on the U.S. government’s fiscal 2025. Here’s what has changed about the federal budget—and what hasn’t.

www.wsj.com

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James Mackintosh @jmackin2.bsky.social · 6d

Podcast with Fed whisperer @nicktimiraos.bsky.social , Alex Frangos and Chelsey Dulaney:

Suggestions for a name please! I like More Money Than Pod myself....

www.wsj.com/podcasts/tak...

Trump Is Meddling With the Fed. Why Don’t Markets Care? - WSJ's Take On the Week - WSJ Podcasts

In both economics and politics, there is a widespread view that central banks should be free of political pressure, with cautionary tales around the world of what happens when politicians meddle: out ...

www.wsj.com

James Mackintosh @jmackin2.bsky.social · 6d

Political street protest can take unexpected forms in France - attached to a random wall

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James Mackintosh @jmackin2.bsky.social · 6d

Gold vs bonds: Two markets, two completely different stories

www.wsj.com/finance/inve...

Gold Screams ‘Debasement Trade.’ Bonds Say Otherwise.

If investors expect debasement, it is very odd that the bond market’s best guess at long-run inflation is basically unchanged.

www.wsj.com

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James Mackintosh @jmackin2.bsky.social · 6d

New fave description of JPM, via BBC:

Chancellor Rachel Reeves said: "As one of Dorset's biggest private sector employers, JP Morgan Chase expanding their Bournemouth campus is fantastic news for the local economy and people who live here."

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Reposted by James Mackintosh

Saoirse McHugh @saoirsemc.bsky.social · 7d

😭 help . I planted a beefsteak tomato thinking it was going to grow bits of cattle flesh but it was just tomato. I'm so confused, the EU parliament needs to help me. I've been tricked and mislead

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James Mackintosh @jmackin2.bsky.social · 7d

As English as Queen Victoria: "So your father's German, you're half German and you married a German?" (Should be mother, not father, but they studied in the Fens so forgive them)

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James Mackintosh @jmackin2.bsky.social · 7d

Shame the piece appears to confuse monetary and fiscal policy though

James Mackintosh @jmackin2.bsky.social · 7d

The best taxes are the ones paid only by other people

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James Mackintosh @jmackin2.bsky.social · 7d

As an aside, the original HODL was nothing to do with inflation fears and everything to do with the author knowing he was no good at trading - as well as a lot of whisky

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James Mackintosh @jmackin2.bsky.social · 7d

Unless people stop losing their bitcoin, eventually it will all be lost. No more is created, so it can't be replaced. One day it will all be inaccessible, but I don't know how even to begin estimating the rate, so might be 10 years or 10,000 years.

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James Mackintosh @jmackin2.bsky.social · 7d

I dont know either. But eventually it should all be lost....

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James Mackintosh @jmackin2.bsky.social · 7d

Agreed. But many held it for much much longer, nothing to do with latest inflation fears. (Also a lot is just lost - estimates go as high as 30%!)

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James Mackintosh @jmackin2.bsky.social · 7d

That doesn't make it one tho. People claimed that last time, and it very much didn't behave like that because it turned out every other buyer was purely speculating.

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James Mackintosh @jmackin2.bsky.social · 7d

Include OneTab saved tabs and that's out by a factor of about 100, and growing all the time. Definitely will read one day. Perhaps shortly after I finish Netflix.

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James Mackintosh @jmackin2.bsky.social · 7d

It's a joke. Look at the article.

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