New York’s Pension Funds Scrutinize Palantir Over ICE Contract
Original Report
New York’s pension funds are questioning Palantir Technologies Inc., a software company, over its business dealings with US Immigration and Customs Enforcement and the Department of Homeland Security.
Glass House Analysis
Housing sits at the intersection of economic policy and the American Dream. For most families, their home represents their largest asset and their primary path to building generational wealth. When housing becomes unaffordable, the social fabric frays—young people delay family formation, workers can't relocate for better jobs, and communities lose the stability that comes from homeownership.
Corporate decisions reverberate through local communities—a merger might mean headquarters relocating, a restructuring could eliminate jobs, and strategic shifts affect suppliers and service providers in countless towns. Behind quarterly earnings numbers are real employment decisions, investment choices, and community impacts that shape the economic landscape of regions across the country.
The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.
Enjoyed this analysis?
Get the Glass House Briefing every morning—market news that actually makes sense, delivered free to your inbox.
No spam. Unsubscribe anytime.
More Stories
US Job Openings Fall to Lowest Since 2020, Layoffs Edge Up
JOLTS job openings data for December came in lower than expected, while the layoffs level was higher than forecast. That comes on the heels of the higher-than-estimated initial jobless claims data...
Beauty, Profits, and a Super Bowl Telenovela
Shares of Elf Beauty are fluctuating after the company delivered a better-than-expected full year profit outlook. The results were driven by strong performance in its newly-acquired Rhode brand,...
Surging jobless claims and big layoff announcements are not signs of a collapsing labor market. Here’s why.
Unemployment is still very low and is likely to stay that way.