The hottest Labor Substack posts right now

And their main takeaways

Andrew Ross Sorkin on the Risk if AI Succeeds, Private Credit, Prediction Markets, and the SpaceX IPO

Big Technology • 6004 implied HN points • 13 Mar 26

💼 Business Labor

If AI succeeds it could massively boost productivity while displacing many jobs, creating a painful transition and concentrating wealth among model makers and big incumbents. The real question isn’t whether new tasks exist but who will have the money to buy them.
Much of the AI infrastructure buildout is financed through private credit and opaque private valuations, so hidden leverage could reprice and cascade through private equity and the broader economy. That creates a systemic risk that’s harder to see than public-market debt.
AI is likely to consolidate into a single personal interface that hands tasks to specialized bots, and compute could shift to the edge, reshaping which tech companies win and how software businesses operate. Some roles will be automated, but firms with data, installed bases, or higher-order services can still succeed.

BOOM: California Enforcer Says the Paramount-Warner Merger Is "Not a Done Deal"

BIG by Matt Stoller • 28534 implied HN points • 27 Feb 26

💼 Business Labor

California’s Attorney General and other state enforcers are investigating the Paramount–Warner deal and could try to block it even if federal regulators stand down, so the merger is not guaranteed.
The combined company would be a huge media powerhouse with major sports rights and news outlets, likely saddling itself with massive debt, causing big layoffs, raising prices, and reducing the amount of films and shows made.
A legal challenge is possible but hard: antitrust law gives several ways to contest the deal, Paramount will claim pro‑competitive benefits and small market share, and the final outcome will turn on rapid state investigations, partisan politics, and the judge handling the case.

Roundup #78: Roboliberalism

Noahpinion • 17882 implied HN points • 27 Feb 26

💼 Business Labor

We still don’t know if AI caused a real productivity boom in 2025 — micro studies show task-level gains but macro data are noisy, subject to revisions, and other explanations exist.
Building lots of new, high-end housing can actually lower rents for lower-income people by freeing up older, cheaper units — evidence from multiple cities supports this “Yuppie Fishtank” effect.
The decline in extreme poverty has largely finished outside Africa, and because African poverty rates remain high while population grows, forecasts show global extreme poverty could rise again unless African growth or fertility patterns change.

Male Workplace Subordination Is the Behavioral Sink

72 Degrees North • 59 implied HN points • 01 Nov 24

🇺🇸 U.S. Politics Labor

Many people today feel overwhelmed by the pressure of competition in the workplace, leading to a sense of hopelessness. This competition affects their self-esteem and can cause them to feel unappealing and worthless.
Some argue that men are suffering more under current economic systems, feeling subordinate and less attractive due to their work situations. This can lead to a broader crisis that affects relationships and family life.
There is a belief that our society needs to change the way we view work and success. Instead of relying on old structures that don't support everyone, we should create a system where all individuals contribute to and support each other.

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Economics Links, 3/11/2026

In My Tribe • 318 implied HN points • 11 Mar 26

💼 Business Labor

The population is aging rapidly, creating huge demand for long-term care, soaring costs, and a shortage of direct-care workers that will make care unaffordable for many people.
Median earnings for young men have risen substantially from 1989 to 2024, challenging the idea that younger men are broadly worse off in terms of wages.
There’s a debate over funding and incentives: bundling subscriptions could help consumers but may undercut top creators and change incentives, while large-scale philanthropy can lack market discipline compared with investing in businesses or supporting local charities.

Trends in US Construction Productivity

Construction Physics • 17537 implied HN points • 12 Feb 26

💼 Business Labor

U.S. construction productivity has been stagnant or fallen for decades, especially compared to strong gains in the rest of the economy. Many sector-wide measures show little to no growth and some show long-term declines.
How productivity is measured matters a lot — sector, subsector, project, and task metrics can tell different stories, and results are highly sensitive to deflators, changing output mix, labor accounting, and quality adjustments. These measurement problems make precise conclusions difficult.
Other countries also show weak construction productivity gains since the 1990s, and while some tasks or subsectors have improved, overall construction growth is much lower than manufacturing and the broader economy.

Cozy Girl Lifestyle is a Rational Response to a Winner-Take-All Culture

Freddie deBoer • 15006 implied HN points • 20 Feb 26

🎭️ Culture Labor

In a winner-take-all culture that only rewards a tiny number of visible successes, choosing a cozy lifestyle is a rational adaptation that favors low-risk, dependable pleasures over risky prestige-seeking gambles.
Cozy culture focuses on small, affordable comforts—warm sweaters, tea, a quiet home—that make everyday life feel good without needing other people's approval.
Arguments that coziness is elitist or politically useless miss that it can reduce status anxiety and let people opt out of the spotlight economy, even if parts of it become commodified.

Roundup #77: The Fix-Everything Button

Noahpinion • 16294 implied HN points • 11 Feb 26

💼 Business Labor

Targeted fixes like fare gates can quickly and cheaply restore order in public spaces, cutting crime and cleanup costs so transit becomes usable again for most riders.
The claim that AI is already displacing young college graduates is unclear; differences between unemployment and employment measures and sensitivity to broader economic swings make the evidence ambiguous right now.
Trade and policy changes are reshaping supply chains: tariffs have reduced bilateral dependence on China without reviving U.S. manufacturing, and tighter skilled-visa rules are pushing companies to hire and expand operations abroad.

Democrats Go From Slaves to Serfs

Erick Erickson's Confessions of a Political Junkie • 2757 implied HN points • 18 Oct 24

🇺🇸 U.S. Politics Labor

Some people believe that certain political views support a system that relies on low-wage workers, which they compare to historical slavery. They argue that this system takes advantage of people who are undocumented.
There’s a belief that some politicians want an underclass of workers who can be paid unfairly, instead of supporting fair wages for everyone.
Some argue that stopping illegal immigration and reforming the job system would help everyone, making it fairer for workers and businesses alike.

War in Iran. Terror at Home. Plus. . .

Common Sense with Bari Weiss • 454 implied HN points • 16 Mar 26

📰 News Labor

The war with Iran is escalating and U.S. officials say they may step up strikes, but truly eliminating Iran’s nuclear capabilities would be hugely difficult; the conflict has already spilled over into America with at least one terror attack tied to Hezbollah.
U.S. domestic politics are tense and messy: a high-profile media figure faces scrutiny for alleged Iran contacts even as he questions others’ loyalty, and campus labor fights are fracturing as the UAW pushes back against politically charged grad‑student demands.
Security and technological risks are rising worldwide — analysts warn about AI chatbots amplifying dangerous delusions and about the geopolitics of an AI arms race, while governments increase physical security and test internet controls amid drone and censorship worries.

The Lamplighter Problem

Jeff Giesea • 718 implied HN points • 22 Oct 24

🕹 Technology Labor

AI is likely to displace a huge number of jobs, similar to how lamplighters lost their roles when electric lights came in. We need to prepare for these changes now to help people transition to new work.
The Lamplighter Problem shows us that job loss due to automation is not just an economic issue but also a political and social one. If we don’t address it, it could lead to bigger problems in society.
There are different opinions on how to handle the rise of AI. Some people think we should slow down and reconsider, while others want to speed up its development. We need to find a balanced approach that helps everyone.

A.I.'s pandemic moment

Read Max • 5558 implied HN points • 13 Feb 26

🕹 Technology Labor

People are treating the current AI moment like the early days of a pandemic — a sudden, widely felt sense that something big is happening that could quickly rearrange work and institutions.
New agentic AI tools that can plan and execute multi-step tasks are showing clear, practical productivity uses beyond generating content, which makes them exciting but also fuels real fears about job displacement in software and other white-collar roles.
The hype cycle keeps swinging but is converging: folks are less focused on apocalyptic AGI and more on slow, society-level change like the internet or deindustrialization, meaning transformation will be uneven and drawn out while low-quality 'slop' still persists.

I think India can do it

Noahpinion • 26823 implied HN points • 18 Dec 25

💼 Business Labor

India is growing fast enough that, if those per‑capita growth rates are sustained, living standards could rise to upper‑middle or developed‑country levels within a generation.
Recent policy moves — like labor law changes, big financial reforms, and a manufacturing upswing (including more electronics and Apple production) — show the country can mobilize resources and climb the industrial value chain.
Real risks exist (state fragmentation, competition from China, low female labor participation, and costly capital), but continued reforms, foreign partnerships, and the political momentum created by growth can help India overcome them.

How AI Will Erase Entire Industries Without Automating Them

The Algorithmic Bridge • 658 implied HN points • 12 Mar 26

💼 Business Labor

Automating tasks inside an existing system usually doesn’t kill jobs; whole roles disappear when a new paradigm makes those tasks pointless.
Treating AI like a drop‑in replacement (ATM thinking) overestimates its short‑term impact because AI is unreliable, struggles with edge cases, and institutions resist replacing humans.
The real disruptive path is designing new businesses and systems around AI from scratch, creating ‘zero‑man’ models that make entire jobs or industries irrelevant.

Cruising to Dubai

Bet On It • 457 implied HN points • 09 Mar 26

🎭️ Culture Labor

The UAE’s immigration model brings in huge numbers of foreign workers, which raises natives’ living standards and usually improves migrants’ lives relative to home.
Many Americans say they’d reject a system that locks migrants out of citizenship and gives citizens big benefits, but that objection is mostly abstract.
Cruise ships display even starker passenger/crew inequality and Americans enjoy it, suggesting people quickly acclimate to extreme inequality and would likely accept Emirati-style immigration in practice.

Ireland's ONE WEIRD TRICK To End Colonization & Win Every Political Campaign

JoeWrote • 318 implied HN points • 17 Mar 26

🇺🇸 U.S. Politics Labor

Successful politics focuses on everyday material needs like wages, housing, and healthcare, not just lofty ideas. People support movements that make their lives better now.
Campaigns should offer clear, specific policies that voters can imagine improving their daily lives. Concrete promises (rent relief, childcare, healthcare) win more support than abstract rhetoric.
Long-term goals like social change or national unity depend on steady organizing around workers' material interests. Symbolic appeals alone don’t sustain popular support.

The "$140,000 poverty line" is very silly

Noahpinion • 24529 implied HN points • 29 Nov 25

🇺🇸 U.S. Politics Labor

The $140,000 "poverty line" mostly comes from simple data and math mistakes — using the wrong food-share number and the wrong income benchmark makes the figure much higher than it should be, and a corrected back-of-envelope comes in closer to about $80,000.
The method of redefining poverty by scaling a 1963 food-based rule to modern middle-class spending is flawed — it treats voluntary upgrades (bigger houses, fancier goods) and temporary costs (full-time daycare for young kids) as permanent necessities, which produces absurd results.
Reality checks show most families today have food, housing, insurance, and adequate transport, so calling a majority "poor" is misleading; that said, rising costs for housing, healthcare, and childcare are real problems that merit policy attention.

Highlights From The Comments On Vibecession

Astral Codex Ten • 11494 implied HN points • 31 Dec 25

🎭️ Culture Labor

Since about 2021–2022 public mood about the economy dropped sharply even when many objective indicators didn’t, creating a separate “vibecession” driven by collapsing trust and meaning-making.
There’s no consensus on causes: plausible drivers include inflation, housing affordability (especially for new movers and aspiring homeowners), rising expectations of what counts as success, media and algorithm effects, and measurement issues in inflation.
Similar pessimism appears in other countries, showing feelings can be disconnected from real prosperity, and fixing the disagreement will take better empirical work on housing, inflation metrics, and generational consumption baskets.

Let AI have the bullshit jobs

antoniomelonio • 106 implied HN points • 19 Mar 26

🎭️ Culture Labor

Many office jobs are performative and add no real value, so AI should handle the routine meetings, memos, and dashboards that exist mainly to look busy.
The transition to machine-handled work will be messy and cause job losses, so we need strong safety nets—like universal basic income or other policies—to protect people.
Real human work—caregiving, teaching, deep engineering, and creative building—matters and should be prioritized as we move past corporate theater and rediscover meaningful purpose.

Weekly Top Picks #116

The Algorithmic Bridge • 297 implied HN points • 13 Mar 26

🕹 Technology Labor

The AI race is consolidating around a few frontier labs — ChatGPT, Claude, and Gemini — while challengers like xAI/Grok and Meta are losing talent or delaying flagship models.
Safety, ethics, and trust are in crisis: AI tools have been linked to harmful targeting decisions, major corporate AI platforms were breached quickly, and public polls show strong dislike of AI.
AI’s real impact on work is about making jobs irrelevant, not just automating tasks, and people’s mixed reactions (like preferring AI writing) reflect a tension between perceived value and belief.

January 2026 Residential Construction

Erdmann Housing Tracker • 147 implied HN points • 17 Mar 26

💼 Business Labor

Residential construction in January 2026 is described as capacity-constrained according to the available data.
Detailed metrics and explanations are implied to support that capacity-constraint conclusion, indicating deeper analysis exists.
The full detailed findings are behind a paywall and require a subscription to access.

#256: The "world" according to AI pushers

Maybe Baby • 1439 implied HN points • 15 Feb 26

🕹 Technology Labor

AI boosters often talk about the future in abstract terms like efficiency and productivity, while overlooking the everyday, physical things that make life meaningful. The way they frame the world feels detached from lived experience.
Large language models are impressive at formulaic white‑collar tasks and will change many jobs, but their language lacks lived imagery and can feel hollow compared with human expression. They can mimic patterns without actually experiencing the world.
Much of the AI conversation is market‑driven and self‑interested, urging individuals to adopt tools to get ahead rather than proposing collective policy or real societal solutions. The industry sometimes seems to sell the feeling of productivity more than tangible, shared benefits.

White Collar Goes Blue

Working Theorys • 338 implied HN points • 06 Mar 26

💼 Business Labor

AI is making intelligence abundant, so the luxury rights of white‑collar work—autonomy, creative ownership, flexible schedules—are shrinking and many white‑collar roles will be rescaled into trade‑like, execution-focused jobs.
Organizations are likely to split into a small elite, named team that shapes direction and keeps the perks, and a larger, anonymous team that executes defined tasks; this two-tier model turns white‑collar work more like blue‑collar structure.
To keep the premium, people must make themselves scarce through distinctive skill, public influence, or trusted relationships—or embrace apprenticeship and trade pathways as white‑collar norms migrate toward physical, executional work.

The only thing worse than sweatshops is no sweatshops

Noahpinion • 28000 implied HN points • 30 Jul 25

💼 Business Labor

Sweatshops can help poor countries grow economically by providing jobs and reducing poverty. Even if the working conditions are tough, these jobs often help lift people out of extreme poverty.
While many believe sweatshops exploit workers, it's important to recognize that they also offer opportunities for growth. Closing these factories could worsen the situation for the workers instead of improving it.
Activism can improve working conditions in sweatshops, but it must be done carefully. If the focus is too much on shutting down sweatshops, it could harm the very people it's trying to help.

AI 2028: Civil disturbance

Philosophy bear • 135 implied HN points • 13 Mar 26

🕹 Technology Labor

AI will rapidly improve and flood online spaces, making human-created content hard to tell apart from machine output. That will devalue creative work, threaten many white-collar jobs, and destabilize economies and internet culture.
AI will enable mass automated surveillance and concentrate power in huge companies and states. That creates new tools for doxxing, political targeting, and a security-driven arms race that deepens polarization.
Rising economic pain and cultural collapse will drive fierce anti-AI resistance that could merge with other political movements around elections. People should build local unions and community ties, stay informed about AI, and push for safety, regulation, and democratic control.

Sex Work, Looksmaxers, Mansplaining

Rob Henderson's Newsletter • 1250 implied HN points • 11 Feb 26

🎭️ Culture Labor

People often glorify sex work while still preferring safer, ordinary jobs for their own daughters, which reveals a social hypocrisy about what kinds of labor are truly valued.
Readwise is recommended as a reading tool that pulls together highlights from many sources and sends daily excerpts, making it easier to revisit and search your past reading.
Three notable social findings: big cash incentives for parenthood (e.g., South Korea) have largely failed, majorities across parties support voter ID, and women react more negatively to interruptions or patronizing explanations when those come from men and are likelier to see them as gender bias.

Sex Workers Are Built Different (graph dump)

Knowingless • 1053 implied HN points • 08 Feb 26

🎭️ Culture Labor

People who do sex work generally rate their experience as slightly positive, and those with more experience or who do it as a career report much more positive views.
Satisfaction varies by sex work subtype: porn performers reported the highest ratings, full-service workers the lowest, and non-full-service in-person roles (like dominatrix or massage parlor work) fall in between.
Sex workers differ from non-sex-workers on demographics and background — they tend to be more liberal and slightly older, report higher rates of childhood abuse, and show some health differences (like higher BMI) that are concentrated among those with worse childhoods.

DSA’s Electoral Strategy Works: A Response to Left Voice & DSA’s Left-Wing Critics

JoeWrote • 33 implied HN points • 20 Mar 26

🇺🇸 U.S. Politics Labor

DSA favors a pragmatic electoral strategy, running on multiple ballot lines rather than being tied to the Democratic Party, and that approach has increased its membership and elected wins.
Demanding a fully independent socialist party misunderstands American politics: independent left parties have had little electoral impact, so meeting people where they are is needed to build power.
Open debate and criticism are part of the organization, and wasting time on purity fights weakens the left — unity around practical, result‑driven organizing is more effective than ideological infighting.

The nature of mass demonstrations

Maybe Baby • 975 implied HN points • 30 Jan 26

🇺🇸 U.S. Politics Labor

Joining a general strike is a way people show solidarity with a specific cause or place and use collective action to draw attention.
Skipping usual posts or links can be a deliberate choice to avoid driving traffic to ad-funded sites and to make actions match principles.
Mass demonstrations often get criticized for being underprepared or unrealistic, even when participants believe the action is the right thing to do.

The Abundance Boom: A Memo from 2030

Future History • 150 implied HN points • 03 Mar 26

🕹 Technology Labor

AI-driven productivity drastically cut production costs, creating broad deflation that made goods and services cheaper and raised overall prosperity instead of causing mass unemployment.
Routine tasks were automated but jobs didn’t vanish—work shifted toward creativity, judgment, relationship skills, and new AI-integration roles, and people who adapted generally did better.
Lower barriers to entry let small teams and micro-studios produce high-quality content and products, exploding niche markets and increasing opportunities across industries.

The Doomsday Trade

Common Sense with Bari Weiss • 255 implied HN points • 26 Feb 26

💼 Business Labor

A viral memo about AI, presented as a scenario rather than a prediction, still triggered a huge market selloff when investors panicked.
The memo describes rapid AI adoption causing mass white-collar layoffs, collapsing consumer spending, rising unemployment, and a negative feedback loop that could devastate the economy.
The episode shows markets are highly vulnerable to sentiment and viral narratives, able to wipe out hundreds of billions of dollars in value in a single morning.

Get ready for the Ursulawave

Wrong Side of History • 584 implied HN points • 03 Feb 26

🌍 World Politics Labor

The European project is built on openness and free movement, which makes a conservative, nationalist united Europe hard to sustain and lets migrants move freely to the continent's most attractive welfare states.
The new EU–India mobility deal will create legal routes that are likely to bring many low and semi-skilled workers to Europe, which can reduce job opportunities for local young people and fuel a political backlash that benefits the radical right.
Migration acts as a social safety valve for sending countries like India, and European leaders continue to push open migration policies for ideological reasons despite the clear political and social risks.

What do Dartmouth basketball and Tennessee’s VW plant have in common?

Robert Reich • 14308 implied HN points • 07 Feb 24

🇺🇸 U.S. Politics Labor

Dartmouth basketball team is on its way to becoming the first unionized sports program in the country.
The United Auto Workers are making progress in organizing autoworkers at the Volkswagen plant in Tennessee.
Unionization efforts in the U.S., supported by Biden's National Labor Relations Board, are gaining momentum and support is increasing across various sectors.

80 Transactions to Make $100: The Uncomfortable Math Behind Dollar Tree

Gad’s Newsletter • 41 implied HN points • 16 Mar 26

💼 Business Labor

Inflation alone doesn’t explain Dollar Tree’s gains — the $1.00→$1.25 price bump and COVID-driven demand were the real revenue engines, while a shift toward low-margin consumables has quietly eaten into gross margins.
Scale helped procurement but hurt profits: SG&A rose with store count as revenue per store fell, and the $1.25 price point forces roughly 80 transactions per $100, creating a labor-heavy cost structure that undermines operating leverage.
The company’s escape hatch is DT Plus! — higher price tiers can cut transaction intensity and improve margins, but the outcome depends on accelerating Plus! penetration, bending the SG&A ratio, and stabilizing revenue per store.

Labor Force Trends: Per-Adult vs. Per Capita

Erdmann Housing Tracker • 147 implied HN points • 04 Mar 26

💼 Business Labor

Which denominator you use matters: per-adult and per-capita measures can tell very different stories for both housing and the labor market. Picking the wrong one hides important demographic shifts and can lead to wrong conclusions.
Since about 2008 there was a sharp break in household formation that reversed the long post‑WWII decline in adults per family household, and smaller families (fewer children) mask that reversal when you look per capita; some evidence suggests high housing costs helped drive the fertility decline.
On labor, workers per capita have been flat or higher because fewer children offset retirements, so the employment‑population ratio makes the coming retirement wave look more dramatic than a per‑capita view does; still, more retirees will change consumption patterns and economic burdens.

The Right-Wing Troll Who Would Be Governor. Plus. . .

Common Sense with Bari Weiss • 421 implied HN points • 10 Feb 26

🇺🇸 U.S. Politics Labor

A young, very online right-wing candidate has built a cult-like following among disaffected young men, showing how trollish internet culture can translate into real political energy.
Big Food’s corporate power and lobbying are major drivers of rising childhood obesity, and experts argue only sweeping policy changes will curb the crisis.
Dark-money donations, threats to press freedom, platform harms, and major labor actions together suggest institutions are under strain and accountability is weakening.

Labor Replacement is a Poison Pill

Software Design: Tidy First? • 397 implied HN points • 07 Feb 26

🕹 Technology Labor

Treating AI’s value as merely replacing human labor is a narrow and harmful view.
We should judge AI by how it contributes to the good of society, working backwards from what helps people individually and collectively.
Economic success is only a rough proxy for social good, so don’t equate profits or efficiency with true benefit.

The hottest Labor Substack posts right now

Big Technology • 6004 implied HN points • 13 Mar 26

Chartbook • 329 implied HN points • 17 Mar 26

BIG by Matt Stoller • 28534 implied HN points • 27 Feb 26

Noahpinion • 17882 implied HN points • 27 Feb 26

72 Degrees North • 59 implied HN points • 01 Nov 24

In My Tribe • 318 implied HN points • 11 Mar 26

Construction Physics • 17537 implied HN points • 12 Feb 26

Freddie deBoer • 15006 implied HN points • 20 Feb 26

Noahpinion • 16294 implied HN points • 11 Feb 26

Erick Erickson's Confessions of a Political Junkie • 2757 implied HN points • 18 Oct 24

Common Sense with Bari Weiss • 454 implied HN points • 16 Mar 26

Jeff Giesea • 718 implied HN points • 22 Oct 24

Read Max • 5558 implied HN points • 13 Feb 26

Noahpinion • 26823 implied HN points • 18 Dec 25

The Algorithmic Bridge • 658 implied HN points • 12 Mar 26

Bet On It • 457 implied HN points • 09 Mar 26

JoeWrote • 318 implied HN points • 17 Mar 26

Noahpinion • 24529 implied HN points • 29 Nov 25

Astral Codex Ten • 11494 implied HN points • 31 Dec 25

antoniomelonio • 106 implied HN points • 19 Mar 26

The Algorithmic Bridge • 297 implied HN points • 13 Mar 26

Erdmann Housing Tracker • 147 implied HN points • 17 Mar 26

Maybe Baby • 1439 implied HN points • 15 Feb 26

Working Theorys • 338 implied HN points • 06 Mar 26

Noahpinion • 28000 implied HN points • 30 Jul 25

Philosophy bear • 135 implied HN points • 13 Mar 26

Rob Henderson's Newsletter • 1250 implied HN points • 11 Feb 26

Knowingless • 1053 implied HN points • 08 Feb 26

Chartbook • 457 implied HN points • 17 Feb 26

JoeWrote • 33 implied HN points • 20 Mar 26

Maybe Baby • 975 implied HN points • 30 Jan 26

Future History • 150 implied HN points • 03 Mar 26

Common Sense with Bari Weiss • 255 implied HN points • 26 Feb 26

Wrong Side of History • 584 implied HN points • 03 Feb 26

Robert Reich • 14308 implied HN points • 07 Feb 24

Gad’s Newsletter • 41 implied HN points • 16 Mar 26

Chartbook • 371 implied HN points • 12 Feb 26

Erdmann Housing Tracker • 147 implied HN points • 04 Mar 26

Common Sense with Bari Weiss • 421 implied HN points • 10 Feb 26

Software Design: Tidy First? • 397 implied HN points • 07 Feb 26