It’s only Monday morning and we already know this week’s top business story. … I thought he might restrain himself by using tariffs, or the threat of tariffs, mostly in the economic sphere. Nope. … According to the NYT, they’re beating their chests at the White House over Columbia’s capitulation: “Today’s events make clear to the world that America is respected again.” … No, it makes clear to the world that America has lost its mind.

Update — No sooner did I write this business-story-of-the-week post than it was overcome by DeepSeek AI events. Silly me. See ‘AI Sputnik moment’ post above.