U.S. companies shed 32,000 jobs in September in latest sign of labor market weakness
https://www.nbcnews.com/business/economy/companies-adp-lost-32000-jobs-rcna234880
https://redd.it/1nw9pei
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https://www.nbcnews.com/business/economy/companies-adp-lost-32000-jobs-rcna234880
https://redd.it/1nw9pei
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NBC News
U.S. companies shed 32,000 jobs in September in latest sign of labor market weakness
ADP's figures may be the only jobs data reported this week. The government shutdown means the Bureau of Labor Statistics is closed and unable to publish the official government report.
Elizabeth Warren calls for Trump to release the jobs report despite shutdown
https://www.cnn.com/2025/10/02/economy/jobs-report-elizabeth-warren-trump-shutdown?utm_medium=social&utm_campaign=missions&utm_source=reddit
https://redd.it/1nwe891
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https://www.cnn.com/2025/10/02/economy/jobs-report-elizabeth-warren-trump-shutdown?utm_medium=social&utm_campaign=missions&utm_source=reddit
https://redd.it/1nwe891
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CNN
Elizabeth Warren calls for Trump to release the jobs report despite shutdown
Democratic Sen. Elizabeth Warren is calling on the Trump administration to release the September jobs report on Friday despite the ongoing government shutdown, a Senate aide told CNN on Thursday.
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Bessent on China: "At the meeting in Geneva when I asked them, 'Why didn't you continue buying soybeans and the other products' then had one word, and guess what it was? Biden
https://redd.it/1nwil2g
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https://redd.it/1nwil2g
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Taxpayer-funded $20 billion bailout for Argentina is the latest example of the Trump administration's priorities - helping wealthy friends and donors while betraying working Americans.
https://redd.it/1nwi6ot
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https://redd.it/1nwi6ot
@r_econ
What is your opinion on this take from The Economist? "Don't Tax Wealth."
https://archive.ph/2025.10.02-102753/https://www.economist.com/finance-and-economics/2025/10/02/dont-tax-wealth
https://redd.it/1nwicwt
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https://archive.ph/2025.10.02-102753/https://www.economist.com/finance-and-economics/2025/10/02/dont-tax-wealth
https://redd.it/1nwicwt
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archive.ph
Don’t tax wealth
archived 2 Oct 2025 10:27:53 UTC
Government shutdown could cost US economy billions of dollars a week, analysts says
https://www.theguardian.com/business/2025/oct/02/government-shutdown-cost-economy-billions
https://redd.it/1nwi6yu
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https://www.theguardian.com/business/2025/oct/02/government-shutdown-cost-economy-billions
https://redd.it/1nwi6yu
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the Guardian
Government shutdown could cost US economy billions of dollars a week, analysts say
According to one report, each week of shutdown could cost up to $7bn, with another suggesting a $15bn loss in GDP
The US dollar is predicted to depreciate another 10 percent next year, after already depreciating 11 percent in the first half of 2025.
https://www.morganstanley.com/insights/articles/us-dollar-declines
https://redd.it/1nwo3tf
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https://www.morganstanley.com/insights/articles/us-dollar-declines
https://redd.it/1nwo3tf
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Morgan Stanley
Watching the Dollar in 2025 | Morgan Stanley
Despite a recovery in July, the U.S. dollar is likely to weaken in the next 12 months, pressured by lower growth and policy uncertainty. These losses follow a 15-year bull run for the U.S. currency.
Trump Accidentally Admits He Screwed MAGA Voters as Economy Dips Again
https://newrepublic.com/article/201239/trump-accidentally-admits-screwed-maga-voters-economy-dips
https://redd.it/1nwkhaa
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https://newrepublic.com/article/201239/trump-accidentally-admits-screwed-maga-voters-economy-dips
https://redd.it/1nwkhaa
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Newrepublic
Trump Accidentally Admits He Screwed MAGA Voters as Economy Dips Again
On Wednesday, President Donald Trump unleashed a strange Truth Social rant declaring straight out that farmers are getting hurt because China is not buying soybeans. Of course, Trump’s own trade wars are the reason for this, so he in effect admitted that…
The world has completely lost it
Prices don’t feel right anymore. Everything feels like robbery. Growing up, I always had a threshold in the back of my mind for prices of things where if we reached it, it wouldn’t be worth paying for things anymore, and now we have reached that. This is not about being poor and needing to work your way up, I have no desire to work my way up anymore when I see how horrible things have gotten. This is about prices making sense. Everywhere I look, it’s like companies take a moment to say “f*** you” to the customers before they price their products. Even if I had an extra million dollars, I don’t think I would feel okay paying many of the prices I’m seeing these days, that’s why I’m holding onto my money even when I can afford stuff. This is ridiculous.
P.S. I'm fresh out of college and live with my parents, and believe me, I am f***ed if they kick me out.
https://redd.it/1nwomtw
@r_econ
Prices don’t feel right anymore. Everything feels like robbery. Growing up, I always had a threshold in the back of my mind for prices of things where if we reached it, it wouldn’t be worth paying for things anymore, and now we have reached that. This is not about being poor and needing to work your way up, I have no desire to work my way up anymore when I see how horrible things have gotten. This is about prices making sense. Everywhere I look, it’s like companies take a moment to say “f*** you” to the customers before they price their products. Even if I had an extra million dollars, I don’t think I would feel okay paying many of the prices I’m seeing these days, that’s why I’m holding onto my money even when I can afford stuff. This is ridiculous.
P.S. I'm fresh out of college and live with my parents, and believe me, I am f***ed if they kick me out.
https://redd.it/1nwomtw
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Reddit
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Each dollar the Fed creates out of thin air steals value from every honestly-earned dollar in existence
https://redd.it/1nwn7ny
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https://redd.it/1nwn7ny
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"Shareholder value" is robbing workers of a living wage & turning formerly solid companies into empty looted husks once the private equity locusts have jammed their blood funnels into them
https://redd.it/1nwytac
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https://redd.it/1nwytac
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The wealth of the top 1% reaches a record $52 trillion
https://www.cnbc.com/2025/10/03/the-wealth-of-the-top-1percent-reaches-a-record-52-trillion.html
https://redd.it/1nx0d96
@r_econ
https://www.cnbc.com/2025/10/03/the-wealth-of-the-top-1percent-reaches-a-record-52-trillion.html
https://redd.it/1nx0d96
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CNBC
The wealth of the top 1% reaches a record $52 trillion
All wealth groups saw gains over the past year, according to recent Fed data. But the growth has been fastest for those at the very top.
Exclusive | Trump Explores Bailout of at Least $10 Billion for U.S. Farmers
https://www.wsj.com/politics/policy/trump-explores-bailout-of-at-least-10-billion-for-u-s-farmers-258d2975
https://redd.it/1nwzc7o
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https://www.wsj.com/politics/policy/trump-explores-bailout-of-at-least-10-billion-for-u-s-farmers-258d2975
https://redd.it/1nwzc7o
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The Wall Street Journal
Exclusive | Trump Explores Bailout of at Least $10 Billion for U.S. Farmers
Farmers are harvesting one of the largest crops in history, while China holds off on buying U.S. soybeans.
The economy is just getting stronger, not weaker, and ‘we in the economics profession need to look ourselves in the mirror,’ top analyst says
https://finance.yahoo.com/news/economy-just-getting-stronger-not-183626980.html
https://redd.it/1nwt8f2
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https://finance.yahoo.com/news/economy-just-getting-stronger-not-183626980.html
https://redd.it/1nwt8f2
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Yahoo Finance
The economy is just getting stronger, not weaker, and ‘we in the economics profession need to look ourselves in the mirror,’ top…
“The consensus has been wrong since January,” Apollo Global Management chief economist Torsten Sløk wrote on Wednesday.
The $USD's long good run as world reserve currency is coming to an end thanks to the Fed's monetary malpractice, the Trump administration's erratic and contradictory trade policies, and the USA's long national slide into dysfunction & disaffection
https://redd.it/1nx2qwa
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https://redd.it/1nx2qwa
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Due to Trump’s Economy and Tariffs I haves moved into my local IKEA
Rent and cost of living issues have caused me to move into my local IKEA. I started by hiding under one of the beds in the apartment living section. I came in 1 hour before closing. I pretended to shop for an hour with a bag, and then a few minutes before the 30 minute closing warning, I hid under one of the beds. I have my car parked elsewhere away from the storefront as to not arose suspicion. Anyway, I was able to hide under the sheets for the entire night. Before opening, I hid in one of the beautiful full sized cabinets. No one noticed me. I ate breakfast in the Swedish restaurant, and subsequently washed up in the bathrooms in the downstairs corner. I’ve been doing this for about two weeks now, saving a lot in rent in the mean time. However, I’ve had a few close calls. It started when I got addicted to the Swedish meatballs. In short, I got super plugged up, and started farting like crazy. Night time security almost caught me mid fart, so I had to hold a painful gassy one for 30 minutes. Luckily, the guard had fallen asleep in another corner of the store so they didn’t hear me erupt. Does anyone have any suggestions on where else to hide? I think they’re on to me after my farting escapade last Thursday.
https://redd.it/1nx5ahj
@r_econ
Rent and cost of living issues have caused me to move into my local IKEA. I started by hiding under one of the beds in the apartment living section. I came in 1 hour before closing. I pretended to shop for an hour with a bag, and then a few minutes before the 30 minute closing warning, I hid under one of the beds. I have my car parked elsewhere away from the storefront as to not arose suspicion. Anyway, I was able to hide under the sheets for the entire night. Before opening, I hid in one of the beautiful full sized cabinets. No one noticed me. I ate breakfast in the Swedish restaurant, and subsequently washed up in the bathrooms in the downstairs corner. I’ve been doing this for about two weeks now, saving a lot in rent in the mean time. However, I’ve had a few close calls. It started when I got addicted to the Swedish meatballs. In short, I got super plugged up, and started farting like crazy. Night time security almost caught me mid fart, so I had to hold a painful gassy one for 30 minutes. Luckily, the guard had fallen asleep in another corner of the store so they didn’t hear me erupt. Does anyone have any suggestions on where else to hide? I think they’re on to me after my farting escapade last Thursday.
https://redd.it/1nx5ahj
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Reddit
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The richest 10% own 93% of all stocks and the richest 1% hold 25 trillion in stock wealth. Wealth inequality the existential challenge to capitalism
https://www.forbes.com/sites/teresaghilarducci/2025/04/18/7-alarming-facts-about-wealth-inequality-bring-on-the-pitchforks
https://redd.it/1nx8bq4
@r_econ
https://www.forbes.com/sites/teresaghilarducci/2025/04/18/7-alarming-facts-about-wealth-inequality-bring-on-the-pitchforks
https://redd.it/1nx8bq4
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Forbes
7 Alarming Facts About Wealth Inequality: Bring On the Pitchforks?
Now more than ever we are living in an era defined by a gaping and growing divide between the haves and have-nots.
