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Figma Stock Plummets, AI Fears Mount, Russia Rattles Poland

Federal Reserve Governor Michael S. Barr warned of a potential "jobless boom" due to rapid advancements in artificial intelligence, while also, cloud-based design platform Figma saw its stock plummet after its IPO, and Russia's actions in Eastern Europe continue to raise concerns, as Ramadan celebrations begin in Cairo.

Speaking before the New York Association for Business Economics on February 17, 2026, Barr outlined a scenario where AI could render a significant portion of the population "essentially unemployable," according to Fortune. He urged policymakers to acknowledge the risks associated with the technology, despite current data suggesting a gradual integration of AI. Barr emphasized the potential pain for affected workers and the challenges for both government and the private sector in managing the transition.

Meanwhile, cloud-based design platform Figma announced its fourth-quarter 2025 earnings results, which revealed a significant drop in its stock price. Fortune reported that the stock had fallen by over 80% since its IPO the previous year. Despite the stock's decline, the company reported positive Q4 numbers, with revenue of $303.8 million, a 40% year-over-year increase.

In Eastern Europe, Russia's actions continue to be a source of concern. NPR Politics reported that investigators were examining a rail line damaged in an explosion in Mika, Poland, on November 17, 2025. Polish Prime Minister Donald Tusk called the explosion an "act of sabotage." This event is part of what is described as Russia's hybrid warfare, rattling Poland and NATO.

As the holy month of Ramadan began, Muslims in Cairo were adorning their homes with lights and decorations featuring arabesque patterns, according to NPR Politics. Lanterns called fawanees have become a symbol of Ramadan and are a common home decoration for the month in Egypt. The neighborhood of al-Darb al-Ahmar was bustling with shoppers preparing for the holiday, buying decorations and gifts.

In other news, a Hacker News article discussed the sizing of clothing for young girls, noting that a typical 11-year-old wears a size 9 in the juniors section, which is also considered a size Medium. The article also mentioned that by age 15, most girls have reached their adult height.

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Synthesized from multiple sources. Reviewed for accuracy.

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