Megan Basham
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Podcast Appearances
You know, only in the sense of saying that they're not going to comment. So the British Home Office, which is the department that oversees national security, told the BBC, we do not comment on operational matters. So they wouldn't confirm or deny that they made this request of Apple.
You know, only in the sense of saying that they're not going to comment. So the British Home Office, which is the department that oversees national security, told the BBC, we do not comment on operational matters. So they wouldn't confirm or deny that they made this request of Apple.
But if you happen to be listening to us in the UK right now, what this means for you is that you won't have access to ADP. New users won't be able to get it. And there have already been reports that British users who had it are now seeing error messages when they try to open it up.
But if you happen to be listening to us in the UK right now, what this means for you is that you won't have access to ADP. New users won't be able to get it. And there have already been reports that British users who had it are now seeing error messages when they try to open it up.
Yes. So I think just as we've seen with all the other tech titans like Jeff Bezos, like Mark Zuckerberg, Apple CEO Tim Cook is now taking friendly meetings with the president. So much so yesterday, President Trump announced that Apple is planning to invest more than $500 billion in the U.S. over the next four years.
Yes. So I think just as we've seen with all the other tech titans like Jeff Bezos, like Mark Zuckerberg, Apple CEO Tim Cook is now taking friendly meetings with the president. So much so yesterday, President Trump announced that Apple is planning to invest more than $500 billion in the U.S. over the next four years.
That money is going to go to hiring 20,000 new workers and to new manufacturing facilities across the country.
That money is going to go to hiring 20,000 new workers and to new manufacturing facilities across the country.
Cook called this Apple's largest ever spend commitment. And he said his company is bullish on the future of American innovation.
Cook called this Apple's largest ever spend commitment. And he said his company is bullish on the future of American innovation.
Well, you know, there's a number of data points driving this story. And I think we should start with the fact that since Trump took office, 75,000 federal workers have already taken the buyout that he was offering. And around 10,000 have been directly terminated. And then, of course, Trump has tasked Elon Musk with eliminating many more government jobs through Doge.
Well, you know, there's a number of data points driving this story. And I think we should start with the fact that since Trump took office, 75,000 federal workers have already taken the buyout that he was offering. And around 10,000 have been directly terminated. And then, of course, Trump has tasked Elon Musk with eliminating many more government jobs through Doge.
So a lot more cuts are expected. And in that time, real estate watchers say that a huge number of new homes have flooded the market in and around DC where a high concentration of these federal workers live. So in the DC Metro itself, around 4,000 new homes have been listed for sale in the last 30 days. And that's well above average by nearly 25%.
So a lot more cuts are expected. And in that time, real estate watchers say that a huge number of new homes have flooded the market in and around DC where a high concentration of these federal workers live. So in the DC Metro itself, around 4,000 new homes have been listed for sale in the last 30 days. And that's well above average by nearly 25%.
Now, if you drill down on the Virginia suburbs, that picture is even more striking. There, some areas like Fairfax and Alexandria are even seeing a 60 to 70% increase in year over year listings. And you have to keep in mind, yeah, that this is during the winter months in a housing market that has historically seen low supply.
Now, if you drill down on the Virginia suburbs, that picture is even more striking. There, some areas like Fairfax and Alexandria are even seeing a 60 to 70% increase in year over year listings. And you have to keep in mind, yeah, that this is during the winter months in a housing market that has historically seen low supply.
So according to Redfin data, the median selling price in the area is down 20% from November to February. Now, of course, some experts will say that that is cyclical. Homes don't move as much in this quarter. But even if you look back at last January compared to this January, you still find that the median price is down nearly 9%.
So according to Redfin data, the median selling price in the area is down 20% from November to February. Now, of course, some experts will say that that is cyclical. Homes don't move as much in this quarter. But even if you look back at last January compared to this January, you still find that the median price is down nearly 9%.
And Redfin has also found that buyers in DC are tending to sit on the sidelines. So for the first month of 2025, pending sales were down 6%. And there's now more than five months of housing supply in D.C., which is the most that that market's seen in six years since before the pandemic, in other words. And overall, you've got Redfin agents saying that the D.C. market is in chaos right now. Right.
And Redfin has also found that buyers in DC are tending to sit on the sidelines. So for the first month of 2025, pending sales were down 6%. And there's now more than five months of housing supply in D.C., which is the most that that market's seen in six years since before the pandemic, in other words. And overall, you've got Redfin agents saying that the D.C. market is in chaos right now. Right.