🗞️Judge halts Trump's buyouts

...plus a new invitation app, AI data centers, and lower mortgage rates

February 06, 2025

February 6th, 2025

What happened today 🇺🇸,

Deadline For Trump’s Federal Buyout Offer Extended By Court—As Over 40,000 Staff Agree To Leave: Here’s What To Know

Around 2% of the federal civilian workforce has taken President Donald Trump's buyout deal.

www.forbes.com/sites/saradorn/2025/02/06/deadline-for-trumps-federal-buyout-offer-extended-by-court-as-over-40000-staff-agree-to-leave-heres-what-to-know

  • The Trump Administration’s federal employee buyout option was supposed to expire tonight and over 40,000 employees already have taken the deal, however today a federal judge paused the deadline until at least Monday to allow legal proceedings to play out

  • Trump met with House Republicans to lay out his tax plan that includes eliminating taxes on overtime pay, tips, and Social Security while also advocating to eliminate special tax breaks for sports team owners and to close the carried interest tax deduction

  • OpenAI, as part of the Stargate program, said the company is considering building data centers in 16 states that have indicated interest in the project…see here which states are involved

  • Apple has created Apple Invites, a new app for iPhones that helps users create custom invitations, with the app users can create and easily share invitations, RSVP, contribute to Shared Albums, and engage with Apple Music playlists

  • The Trump administration will keep only 294 USAID staff from the original 10,000 per WSJ

  • A federal judge has restricted Elon Musk and his Department of Government Efficiency from accessing U.S. Treasury payments data

  • Tesla has begun to hire for the mass production of its Optimus Humanoid robot

  • The average rate on a 30-year mortgage in the U.S. declined for the third week in a row to 6.89% down from 6.95%

  • New applications for jobless benefits for the week ending February 1st rose to 219k above the expectations of 214k and up from 11k from the previous week

  • DOW down .28% / S&P up .36%

  • Mexico’s National Guard troops have begun arriving at the southern border as part of the tariff deal with Trump

Bonus: Interesting insight into the top import partner of ever state

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