Elon's New Device Could Launch Biggest IPO of the Decade

Elon Musk's new device is being called a "game-changer"-and even the White House is using this tech. Jeff Brown says it could launch Musk's next trillion-dollar company and make early investors rich. You can claim a stake now for as little as $500.

Newspapers closing, news deserts growing for beleaguered news industry

DAVID BAUDER
October 20, 2025

Some 136 newspapers in the United States have closed in the past year, news deserts are expanding and web traffic to the nation's top newspapers has dropped markedly this decade, according to a report issued Monday that struggles to find hope for the beleaguered news industry.

While entrepreneurs are launching digital news sites, often backed by philanthropies, they haven't sprouted at a rate that makes up for the losses, the report from Northwestern University said.

Taking a step back for an even broader look at the industry is even more troubling. Since 2005, the numbers of newspapers published in the United States has dropped from 7,325 in 2005 to 4,490 now, said the Medill State of Local News report. Daily newspaper circulation that averaged between 50 and 60 million people at the turn of the century now stands at just over 15 million.

An estimated 365,460 people worked at newspapers in 2005, and now that number is down to 91,550, the report said. Two decades ago, 71% of journalists worked at newspapers and now just 29% of the nearly 42,000 working journalists are at newspapers.

The number of newspapers that have closed in the past year is on par with what it has been recently. The difference is that the majority of the shuttered newspapers last year was not the result of consolidations by big chains, but longtime independent owners who have given up -- at places like the Wasatch Wave in Utah or the Aurelia Star in Iowa, the report said.

"It's very disheartening," said Tim Franklin, chairman of local news at Northwestern's Medill School. "The disheartening part of it is that these are the kind of owners we want to keep."

While there has been an increase in new digital sites, the vast majority have been in urban or suburban areas, deepening the news crisis in rural areas. An estimated 50 million Americans live in counties with either no local news source or just one, the report said.

Maryland, New Jersey, Maine, Hawaii and Ohio have seen the largest percentage of newspaper closures.

Of the 100 largest newspapers in the United States, only 61 print editions seven days a week, Northwestern said. Eighteen publish four days a week or less; the New Jersey Star-Ledger is digital only, and the Atlanta Journal-Constitution said it is cutting out print at the end of the year.

Traffic to the online sites of those 100 top newspapers has dropped by 45% during the past four years. Partly that's due to inflated numbers caused by people seeking information during the pandemic. But Facebook's deemphasis of local news and the rise of generative AI on search engines has also driven people away from the news sites, said Zach Metzger, director of the Local News Project.

Philanthropists like the group Press Forward have tried to support newsrooms. But Franklin said there needs to be more momentum behind once-unthinkable public measures, like tax credits or loans.

Even more frightening for journalists is the idea that generations are growing up without the habit of following news, particularly for their own communities. But there's some evidence that's not the case, Franklin said.

Northwestern took a poll of Chicago-area consumers recently and found that 85% said they consume local news at least once a week, and half do so daily, he said. They're just turning to different ways of finding it -- smartphone searches is the way young people say they find news most frequently. Influencers on sites like TikTok and Instagram are also becoming more popular, although many of them concentrate on national news.

"Local news means different things to different people," Franklin said. "The news industry needs to recognize the vast changes in how people are consuming news and tailoring their reports to meet people where they are."

___

David Bauder writes about the intersection of media and entertainment for the AP. Follow him at http://x.com/dbauder and https://bsky.app/profile/dbauder.bsky.social

Continue Reading...

Popular

Dave Ramsey Doesn't Mess Around With Bitcoin Or Gold, Says 'I Have Three Investments' — Here's What They Are

Personal finance expert Dave Ramsey has long dismissed crypto, gold and single-stock investing, calling them risky distractions — but new research shows that his disciplined mutual fund approach may have cost him market-beating returns.

Gold's Rally Is Rewriting America's Financial Story - Ad

As inflation lingers and governments wobble, gold keeps breaking records - and U.S. supply is suddenly back in focus. One domestic gold play is riding this trend on multiple fronts.

USA Rare Earth (USAR) Stock Is Rising Today: Here's Why

Shares of USA Rare Earth, Inc. (NASDAQ: USAR) are trading higher Monday amid a wave of optimism for rare earth materials companies.

Mark Cuban Shares His Top Strategies for Protecting Wealth After Hitting Millionaire Status

Mark Cuban once disclosed his strategies for preserving wealth after becoming a millionaire. These insights could be beneficial for anyone aiming to secure their financial future.

Gold Is Being Reintroduced Into the Monetary System - Ad

While the media focuses on political scandals, inflation and coming up with ridiculous acronyms "TACO"... Smart money is tracking a far bigger shift: a gold revaluation is quietly underway. Garrett Goggin, CFA, says this could trigger 100X moves in select miners - and he's identified four with the biggest upside.

Trump Ally Laura Loomer Turns on Him Over Qatar Military Base Plan, Calls It a 'Betrayal'

Laura Loomer, a staunch supporter of President Donald Trump, has voiced her dissatisfaction with the president's decision to permit a Qatari air force facility in Idaho.

Ethereum Crashes To $4,100 As Senate Democrats Take Aim At DeFi

Ethereum (CRYPTO: ETH) is trading near $4,100 on Friday, after a sharp selloff that followed its rejection from $4,700 and renewed fears of U.S.

November 18: D-Day For The Dollar - Ad

A quiet shift in U.S. law has just authorized private companies to mint a new form of government-authorized money called the "Dollar 2.0"... and the next major mint hits on November 18. Investors who make the right moves before then could make up to 40X by 2032...

Trump Defends Missile Strike On 'Drug-Carrying' Submarine Amid Human Rights Outcry

Trump defends strike on drug sub, says it targeted fentanyl-laden vessel heading to US. Two survivors were rescued.

The 7 Red Flags Wall Street Won't Talk About - Ad

All 7 historic crash signals are flashing red. Once the public notices, it's too late. Our free Bellwether Signal explains how to protect wealth - and why gold and silver have been the refuge in every crisis. Don't let your retirement go over a cliff.

Slovak leader announces a deal with US on a new nuclear reactor

BRATISLAVA, Slovakia (AP) — Slovakia’s populist Prime Minister Robert Fico said Tuesday his government has approved an agreement with the United States to build an additional nuclear reactor.

On October 16, a powerful new law signed by President Trump will trigger a radical shift in America's money system... - Ad

When a small group of private companies - not the Fed - will perform a major mint of a new kind of money. And those who act before this new system fully kicks in could see gains as high as 40X by 2032. But those who fail to prepare will be blindsided by this sea change to the U.S. dollar.

Judge temporarily blocks the Trump administration from firing workers during the government shutdown

SAN FRANCISCO (AP) — President Donald Trump’s administration for now must stop firing workers during , a federal judge ordered on Wednesday.

HSDT Follows Michael Saylor's Playbook With $530M Solana Bet—Is This The Next MSTR?

One Nasdaq-listed company is betting its future on Solana (CRYPTO: SOL), having amassed a $530 million treasury that echoes Michael Saylor's bold

America's Next Gold Rush Is Gaining Speed - Ad

Record gold prices. Major partners in Nevada and Arizona. Billions in potential resources. The next chapter in America's gold story may already be unfolding - and one U.S. company is at the center of it.

Stock Of The Day: Is SoFi Forming A New Range?

SoFi Technologies appears to be forming a new range. Some traders will buy at the bottom and try to sell at the top.

Domino's Growth Outlook Intact Despite Softer Q4 Trends, Analysts Say

Domino's Pizza Inc. (NYSE: DPZ) exceeded expectations and maintained 2025 guidance. TD Cowen and BTIG maintain Buy ratings.

The Tesla Shock Nobody Sees Coming - Ad

While headlines scream "Tesla is doomed"...Jeff Brown has uncovered a revolutionary AI breakthrough buried inside Tesla's labs. One that is helping AI escape from our computer screens and manifest itself here in the real world all while creating a 25,000% growth market explosion starting as early as October 23rd.

Apple iPhone 17 Pro, Pro Max Ship Times Stay Stable Globally: Analyst

Apple's iPhone 17 Pro and Pro Max maintain stable lead times globally, while the iPhone Air is widely available. Analyst maintains Buy rating with $270 price target.

First Brands founder resigns amid accounting scandal and billions in missing funds

The founder and CEO of First Brands resigned Monday, weeks after the auto parts supplier filed for bankruptcy protection amid an accounting scandal that has left lenders scrambling for more than $2 billion in missing funds.

See Why Market Patterns Can Be Misleading - Ad

Crashes always give early warning - just not on CNBC. Our free Bellwether Signal report exposes the 7 indicators that preceded every collapse since 1929. All are red today. Protecting retirement may mean shifting to gold & silver, not more stocks.

China shows no sign of backing down while issuing call for US to withdraw tariff threat

BANGKOK (AP) — China did not back down Monday in a back-and-forth with the U.S. over trade, calling for U.S. President Donald Trump to withdraw his latest threat of a 100% tariff and other export control measures announced over the weekend.

VanEck and Kinross Both Have Their Eyes on This U.S. Gold Play - Ad

When a global fund manager and a $12B miner target the same domestic project, investors notice. Strategic deals and breakthrough drill results are fueling a surge of interest in this U.S. name.

Putin Stands up for Trump's Nobel Peace Prize Bid: 'Credibility Has Largely Been Lost'

Russian President Vladimir Putin has come forward in support of President Donald Trump's candidacy for the Nobel Peace Prize.

Elon's New Device Could Launch Biggest IPO of the Decade - Ad

Elon Musk's new device is being called a "game-changer"-and even the White House is using this tech. Jeff Brown says it could launch Musk's next trillion-dollar company and make early investors rich. You can claim a stake now for as little as $500.

Tesla Stock Is 'Mooning'—Thank Elon? (CORRECTED)

Tesla stock has risen approximately 152% since Musk announced he was leaving D.C., rising from $182 on May 24 to close at $459 on Oct. 1.

China outlines more controls on exports of rare earths and technology

HONG KONG (AP) — China outlined new curbs on exports of rare earths and related technologies on Thursday, extending controls over use of the elements critical for many products ahead of a meeting later this month between President Donald Trump and Chinese leader Xi Jinping.

Gold's Rally Is Rewriting America's Financial Story - Ad

As inflation lingers and governments wobble, gold keeps breaking records - and U.S. supply is suddenly back in focus. One domestic gold play is riding this trend on multiple fronts.

Patrick Zalupski's group closes on its purchase of the Tampa Bay Rays

NEW YORK (AP) — A group led by Florida-based real estate developer Patrick Zalupski closed on its purchase of the Tampa Bay Rays on Tuesday, finalizing the sale of the team from former owner Stuart Sternberg.

Ontario premier criticizes Trump after Stellantis says it will move production from Canada to the US

TORONTO (AP) — The leader of Canada's most populous province called for economic retaliation on the U.S. after auto company Stellantis said it was moving planned production of its Jeep Compass from Canada to the U.S.

Gold Is Being Reintroduced Into the Monetary System - Ad

While the media focuses on political scandals, inflation and coming up with ridiculous acronyms "TACO"... Smart money is tracking a far bigger shift: a gold revaluation is quietly underway. Garrett Goggin, CFA, says this could trigger 100X moves in select miners - and he's identified four with the biggest upside.

Senate confirmation of Trump nominee cements his shake-up of top civil rights agency

The Senate confirmed President Donald Trump's pick to fill a critical vacancy at the top agency for worker rights, restoring it to the full power needed to deepen his overhaul of civil rights enforcement.

Praxis Precision Medicines Stock Doubles - Here's Why

Praxis stock jumps after Phase 3 trials show ulixacaltamide significantly improves essential tremor symptoms and meets key efficacy endpoints.

November 18: D-Day For The Dollar - Ad

A quiet shift in U.S. law has just authorized private companies to mint a new form of government-authorized money called the "Dollar 2.0"... and the next major mint hits on November 18. Investors who make the right moves before then could make up to 40X by 2032...

Trump pulls nomination of E.J. Antoni to lead Bureau of Labor Statistics, AP source says

WASHINGTON (AP) — The White House is to lead the Bureau of Labor Statistics, according to an AP source who spoke on the condition of anonymity to discuss the White House action, which hasn’t been publicly announced.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright systemtrading.ca
Privacy Policy | Terms of Service