Seasonal hiring could fall to lowest level since 2009, new analysis finds
https://www.cbsnews.com/news/seasonal-retail-hiring-on-track-to-fall-to-lowest-level-since-2009/
https://redd.it/1npvq09
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https://www.cbsnews.com/news/seasonal-retail-hiring-on-track-to-fall-to-lowest-level-since-2009/
https://redd.it/1npvq09
@r_econ
CBS News
Seasonal hiring could fall to lowest level since 2009, new analysis finds
Retailers are expected to hire fewer seasonal workers this year as tariffs and inflationary pressures roil the economy.
‘CEO whisperer’ says US tycoons are privately anxious of Trump’s ‘Maoist’ leadership
https://www.independent.co.uk/news/world/americas/us-politics/trump-tariffs-economy-business-leaders-b2831674.html
https://redd.it/1npyty3
@r_econ
https://www.independent.co.uk/news/world/americas/us-politics/trump-tariffs-economy-business-leaders-b2831674.html
https://redd.it/1npyty3
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The Independent
‘CEO whisperer’ says US tycoons are privately anxious of Trump’s ‘Maoist’ leadership
Famed Yale business guru Jeffrey Sonnenfeld said America’s top tycoons are freaked out by Trump’s ‘Maoist’ MAGA movement — despite some executives’ ‘Dear Leader’ praise in public
To summarize the US aid to Argentina...
A president who cut foreign aid within days of taking office, whose party is staunchly against handouts and foreign aid... Gave a handout to a president who proudly stood on stage with a chainsaw symbolizing cutting aforementioned handouts, while the latter is also dropping taxes on agricultural exports, so that Argentinian farmers can benefit from Chinese reciprocal tariffs on the US, by selling to China. Further hurting farmers in the US who are already struggling, forcing the government that was against handouts to prepare to give even more handouts down the line to farmers...
https://redd.it/1nps23a
@r_econ
A president who cut foreign aid within days of taking office, whose party is staunchly against handouts and foreign aid... Gave a handout to a president who proudly stood on stage with a chainsaw symbolizing cutting aforementioned handouts, while the latter is also dropping taxes on agricultural exports, so that Argentinian farmers can benefit from Chinese reciprocal tariffs on the US, by selling to China. Further hurting farmers in the US who are already struggling, forcing the government that was against handouts to prepare to give even more handouts down the line to farmers...
https://redd.it/1nps23a
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Reddit
From the economy community on Reddit
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Where's the prosperity? Middle class Americans aren't feeling it.
https://www.usatoday.com/story/money/2025/09/25/middle-class-americans-economy-consumer-confidence/86316163007/
https://redd.it/1nq434r
@r_econ
https://www.usatoday.com/story/money/2025/09/25/middle-class-americans-economy-consumer-confidence/86316163007/
https://redd.it/1nq434r
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USA TODAY
Where's the prosperity? Middle class Americans aren't feeling it.
Consumer confidence has been falling for most of the past year. On a closely watched index, consumer sentiment sagged to 55.4 in September.
White House tells agencies to draft mass firing plans ahead of potential shutdown
https://apnews.com/article/donald-trump-congress-government-shutdown-99d4cafe53209f6dc6ae5562c2ac79d2
https://redd.it/1nq6kq1
@r_econ
https://apnews.com/article/donald-trump-congress-government-shutdown-99d4cafe53209f6dc6ae5562c2ac79d2
https://redd.it/1nq6kq1
@r_econ
AP News
White House budget office tells agencies to draft mass firing plans ahead of potential shutdown
The White House is telling agencies to prepare large-scale firings of federal workers if the government shuts down next week.
The USDA Cancels Annual Hunger Study While Trump Policies Drive Up Food Prices
https://blog.ucs.org/karen-perry-stillerman/the-usda-cancels-annual-hunger-study-while-trump-policies-drive-up-food-prices/
https://redd.it/1nq5sdf
@r_econ
https://blog.ucs.org/karen-perry-stillerman/the-usda-cancels-annual-hunger-study-while-trump-policies-drive-up-food-prices/
https://redd.it/1nq5sdf
@r_econ
The Equation
The USDA Cancels Annual Hunger Study While Trump Policies Drive Up Food Prices
Canceling the annual Household Food Security Reports is part of a broader Trump administration effort to suppress data inconvenient to its political agenda.
Jobless claims tumble to 218,000, well below estimate despite fears of labor market weakness
https://www.cnbc.com/2025/09/25/jobless-claims-tumble-to-218000-well-below-estimate-despite-fears-of-labor-market-weakness.html
https://redd.it/1nq8avt
@r_econ
https://www.cnbc.com/2025/09/25/jobless-claims-tumble-to-218000-well-below-estimate-despite-fears-of-labor-market-weakness.html
https://redd.it/1nq8avt
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CNBC
Jobless claims tumble to 218,000, well below estimate despite fears of labor market weakness
Initial claims for unemployment insurance were expected to total 235,000 for the week ending Sept. 20.
US Treasury announces full-scale bailout for Argentina: bond purchase, swap, and credit line
https://buenosairesherald.com/economics/us-treasury-announces-full-scale-bailout-to-argentina-bond-purchase-swap-and-credit-line
https://redd.it/1nqb74i
@r_econ
https://buenosairesherald.com/economics/us-treasury-announces-full-scale-bailout-to-argentina-bond-purchase-swap-and-credit-line
https://redd.it/1nqb74i
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Buenos Aires Herald
US Treasury announces full-scale bailout for Argentina: bond purchase, swap, and credit line - Buenos Aires Herald
Secretary Bessent stated the US is ‘ready to do what is needed to support Argentina and the Argentine people’
Millions of Student Loan Borrowers Still Aren’t Making Payments
https://www.bloomberg.com/news/articles/2025-09-25/student-loan-borrowers-skipping-payments-face-credit-score-declines
https://redd.it/1nqalwj
@r_econ
https://www.bloomberg.com/news/articles/2025-09-25/student-loan-borrowers-skipping-payments-face-credit-score-declines
https://redd.it/1nqalwj
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Bloomberg.com
Millions of Student Loan Borrowers Still Aren’t Making Payments
About a third of Americans with education debt are delinquent, according to the latest data.
Trump Admits Farmers Are Getting Screwed By His Tariffs
https://www.thedailybeast.com/trump-admits-farmers-are-getting-screwed-by-his-tariffs/
https://redd.it/1nqdz9t
@r_econ
https://www.thedailybeast.com/trump-admits-farmers-are-getting-screwed-by-his-tariffs/
https://redd.it/1nqdz9t
@r_econ
The Daily Beast
Trump Admits Farmers Are Getting Screwed by His Tariffs
The president claimed he would use tariff money to bail out “hurting” U.S. farmers.
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Trump: We’re going to take some of the tariff money and give it to our farmers who are going to be hurt for a little while until the tariffs kick in
https://redd.it/1nqfhkr
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https://redd.it/1nqfhkr
@r_econ
Trump says he'll use tariff revenue to bail out farmers
https://www.politico.com/news/2025/09/25/trump-tariff-revenue-bail-out-farmers-00580708
https://redd.it/1nqebch
@r_econ
https://www.politico.com/news/2025/09/25/trump-tariff-revenue-bail-out-farmers-00580708
https://redd.it/1nqebch
@r_econ
POLITICO
Trump says he'll use tariff revenue to bail out farmers
Hill Republicans and powerful agriculture lobbying groups have been pressuring the administration to deliver some kind of farm aid.
Death rates rose in hospital ERs after private equity firms took over, study finds
https://www.nbcnews.com/news/us-news/death-rates-rose-hospital-ers-private-equity-firms-took-study-finds-rcna233211
https://redd.it/1nqb3no
@r_econ
https://www.nbcnews.com/news/us-news/death-rates-rose-hospital-ers-private-equity-firms-took-study-finds-rcna233211
https://redd.it/1nqb3no
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NBC News
Death rates rose in hospital ERs after private equity firms took over, study finds
The increased deaths in emergency departments at private equity-owned hospitals are most likely the result of reduced staffing levels, researchers say.
Scott Bessent tells NYC to 'drop dead' while he arranges a $20b swap line for Argentina's chainsaw-wielding, dog-cloning president
https://fortune.com/2025/09/25/scott-bessent-zohran-mamdani-drop-dead-20-billion-swaps-argentina-milei/
https://redd.it/1nqi0tn
@r_econ
https://fortune.com/2025/09/25/scott-bessent-zohran-mamdani-drop-dead-20-billion-swaps-argentina-milei/
https://redd.it/1nqi0tn
@r_econ
Fortune
Scott Bessent tells NYC to 'drop dead' while he arranges a $20b swap line for Argentina's chainsaw-wielding, dog-cloning president…
The Treasury Secretary looks at New York and sees a replay of the 1970s. He looks to Trump's ally in Argentina, and sees someone in need of rescue.
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As he prepares a $20 billion bailout for Argentina, Treasury Secretary Scott Bessent says that the federal government will not bail out New York City in a financial crisis if the city elects Zohran Mamdani.
Bessent says he will tell the city to “drop dead."
https://redd.it/1nqjoz0
@r_econ
Bessent says he will tell the city to “drop dead."
https://redd.it/1nqjoz0
@r_econ
Trump Plans 100% Tariff on Brand Drugs... unless US Plants Underway
https://www.bloomberg.com/news/articles/2025-09-25/trump-plans-100-tariff-on-brand-drugs-unless-us-plants-underway
https://redd.it/1nqmdst
@r_econ
https://www.bloomberg.com/news/articles/2025-09-25/trump-plans-100-tariff-on-brand-drugs-unless-us-plants-underway
https://redd.it/1nqmdst
@r_econ
Bloomberg.com
Trump Plans New Tariff Push With 100% Rate on Patented Drugs
President Donald Trump announced a fresh round of tariffs on pharmaceuticals, heavy trucks and furniture, including a 100% duty on patented drugs unless the producer is building a manufacturing plant in the US.
Trump to put import taxes on pharmaceutical drugs, kitchen cabinets, furniture and heavy trucks
https://apnews.com/article/trump-tariffs-taxes-furniture-imports-trucks-cabinets-30e0ca1409747e92f374b436e9fef64d?utm_campaign=TrueAnthem&utm_medium=AP&utm_source=Facebook&fbclid=IwZXh0bgNhZW0CMTEAAR6vKY3OgHRwi34upexU-dRL6NHEbhBNu88iaohyYStFhRvUvUqpGEai9PvFyg_aem_H-8xhTYMx8yWfDQaMdrXdA
https://redd.it/1nqmmd1
@r_econ
https://apnews.com/article/trump-tariffs-taxes-furniture-imports-trucks-cabinets-30e0ca1409747e92f374b436e9fef64d?utm_campaign=TrueAnthem&utm_medium=AP&utm_source=Facebook&fbclid=IwZXh0bgNhZW0CMTEAAR6vKY3OgHRwi34upexU-dRL6NHEbhBNu88iaohyYStFhRvUvUqpGEai9PvFyg_aem_H-8xhTYMx8yWfDQaMdrXdA
https://redd.it/1nqmmd1
@r_econ
AP News
Trump to put import taxes on pharmaceutical drugs, kitchen cabinets, furniture and heavy trucks
President Donald Trump is putting import taxes of 100% on pharmaceutical drugs, 50% on kitchen cabinets and bathroom vanities, 30% on upholstered furniture and 25% on heavy trucks starting on Oct. 1.
Grassley raises alarm about soybean farmers, Argentina ‘bailout’
https://thehill.com/homenews/senate/5522503-grassley-trump-argentina-soybean-farmers/?fbclid=IwdGRjcANC11hleHRuA2FlbQIxMQABHspPQHDqf9v6_F0PyVVDAKSMP1JyBywjLaS6ypaseZjyFulbMnYUwhHV1kJq_aem_7o6ASC4DLui2pnvRSf4yBw
https://redd.it/1nqpkby
@r_econ
https://thehill.com/homenews/senate/5522503-grassley-trump-argentina-soybean-farmers/?fbclid=IwdGRjcANC11hleHRuA2FlbQIxMQABHspPQHDqf9v6_F0PyVVDAKSMP1JyBywjLaS6ypaseZjyFulbMnYUwhHV1kJq_aem_7o6ASC4DLui2pnvRSf4yBw
https://redd.it/1nqpkby
@r_econ
The Hill
Grassley raises alarm about soybean farmers, Argentina ‘bailout’
Sen. Chuck Grassley (R-Iowa) said Thursday American farmers have been overshadowed and outsold by Argentinian soybean production, and he slammed the Trump administration for agreeing to soften the …
TikTok’s $14 billion price tag in Trump deal stuns investors
https://azexpress.net/en/news/645/tiktoks-14-billion-price-tag-in-trump-deal-stuns-investors
https://redd.it/1nqvl8b
@r_econ
https://azexpress.net/en/news/645/tiktoks-14-billion-price-tag-in-trump-deal-stuns-investors
https://redd.it/1nqvl8b
@r_econ
azexpress.net
TikTok’s $14 billion price tag in Trump deal stuns investors - AzExpress
Ashwin Binwani, founder of Alpha Binwani Capital, said the proposal “could be the most undervalued tech acquisition of the decade”