China halts US soybean imports to hit Trump’s MAGA supporters
https://asiatimes.com/2025/10/china-halts-us-soybean-imports-to-hit-trumps-maga-supporters/
https://redd.it/1o0d6hd
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https://asiatimes.com/2025/10/china-halts-us-soybean-imports-to-hit-trumps-maga-supporters/
https://redd.it/1o0d6hd
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Asia Times
China halts US soybean imports to hit Trump’s MAGA supporters - Asia Times
China has halted its purchases of soybeans from the US in recent months, a calculated effort to pressure the Trump administration
Foreclosures are surging as U.S. homeowners grapple with rising costs
https://www.cbsnews.com/news/housing-market-foreclosure-increasing-attom-august-2025/
https://redd.it/1o09hql
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https://www.cbsnews.com/news/housing-market-foreclosure-increasing-attom-august-2025/
https://redd.it/1o09hql
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Cbsnews
Foreclosures are surging as U.S. homeowners grapple with rising costs
A growing number of Americans, squeezed by inflation and elevated interest rates, face the risk of losing their home in foreclosure.
70% of Gen Z are so anxious about money that they can’t sleep—they’re dealing with it by bed rotting and watching TV instead of budgeting | Fortune
https://fortune.com/2025/09/19/gen-z-are-so-anxious-about-money-they-cant-sleep-bed-rotting-doom-scrolling-budgeting-advice/
https://redd.it/1o0htxk
@r_econ
https://fortune.com/2025/09/19/gen-z-are-so-anxious-about-money-they-cant-sleep-bed-rotting-doom-scrolling-budgeting-advice/
https://redd.it/1o0htxk
@r_econ
Fortune
70% of Gen Z are so anxious about money that they can’t sleep—they’re dealing with it by bed rotting and watching TV instead of…
Rather than turning to practical measures, like budgeting or building an emergency fund, Gen Z are opting for passive comfort through screens.
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California has now banned algorithmic price fixing.
The state has outlawed the practice of landlords colluding to raise prices using rental software and AI.
This is a huge victory for renters in the biggest state in the country.
https://redd.it/1o0j8dc
@r_econ
The state has outlawed the practice of landlords colluding to raise prices using rental software and AI.
This is a huge victory for renters in the biggest state in the country.
https://redd.it/1o0j8dc
@r_econ
Trump Forced to Admit How Much His Key Crusade Has Backfired | The president said he would be working on a bailout for farmers after his tariffs destroyed their biggest market.
https://www.thedailybeast.com/donald-trump-forced-to-admit-how-much-his-tariff-crusade-has-backfired/
https://redd.it/1o0ijfp
@r_econ
https://www.thedailybeast.com/donald-trump-forced-to-admit-how-much-his-tariff-crusade-has-backfired/
https://redd.it/1o0ijfp
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The Daily Beast
Trump Forced to Admit How Much His Key Crusade Has Backfired
The president said he would be working on a bailout for farmers after his tariffs destroyed their biggest market.
Hundreds Of Unpaid TSA Agents Are Calling In Sick—Expect Longer Airport Security Lines
https://go.forbes.com/CW6A7w
https://redd.it/1o0k1v3
@r_econ
https://go.forbes.com/CW6A7w
https://redd.it/1o0k1v3
@r_econ
Forbes
Hundreds Of Unpaid TSA Agents Are Calling In Sick—Expect Longer Airport Security Lines
As the government shutdown moves into its second week, air travelers can expect longer airport security lines—as TSA employees call out sick in higher numbers.
Most Of Billionaires’ $7.6 Trillion Has Never Been Taxed - Americans For Tax Fairness
https://americansfortaxfairness.org/billionaires-7-trillion/#:~:text=American%20billionaires%20reached%20a%20record,Fairness%20(ATF)%20based%20on%20Forbes
https://redd.it/1o0nhcz
@r_econ
https://americansfortaxfairness.org/billionaires-7-trillion/#:~:text=American%20billionaires%20reached%20a%20record,Fairness%20(ATF)%20based%20on%20Forbes
https://redd.it/1o0nhcz
@r_econ
Americans For Tax Fairness
Most Of Billionaires’ $7.6 Trillion Has Never Been Taxed - Americans For Tax Fairness
Total Billionaire Wealth Is Up 160% Since First Trump Tax Law; Proposed New Levy Would Finally Tax Unrealized Gains of the Wealthiest American billionaires reached a record breaking $7.6 trillion of personal wealth as of Labor Day 2025, up $4.7 trillion (or…
Leaked memo shows Trump plans to stiff 750k shutdown workers
https://www.rawstory.com/trump-2674161155/
https://redd.it/1o0pp6f
@r_econ
https://www.rawstory.com/trump-2674161155/
https://redd.it/1o0pp6f
@r_econ
Raw Story
Leaked memo shows Trump plans to stiff 750k shutdown workers
A leaked White House draft memo suggests that the Trump administration is actively considering stiffing as many as 750,000 federal workers and denying them compensation while furloughed amid the ongoing government shutdown, according to an Axios report published…
Understanding the migratory response to hurricanes and tropical storms in the USA
https://www.nature.com/articles/s41562-025-02281-8
https://redd.it/1o0qfd2
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https://www.nature.com/articles/s41562-025-02281-8
https://redd.it/1o0qfd2
@r_econ
Nature
Understanding the migratory response to hurricanes and tropical storms in the USA
Nature Human Behaviour - Population-weighted exposure to tropical storms and hurricanes increased in the USA between 1992 and 2017. The attractions of high-risk areas currently outweigh incentives...
Nearly 70% of Americans think the economy is on the ‘wrong track’ and it's a bad time to buy a home, Fannie Mae survey shows
https://fortune.com/2025/10/07/is-it-good-bad-time-to-buy-house-housing-market-economy-wrong-track/
https://redd.it/1o0pv1b
@r_econ
https://fortune.com/2025/10/07/is-it-good-bad-time-to-buy-house-housing-market-economy-wrong-track/
https://redd.it/1o0pv1b
@r_econ
Fortune
Nearly 70% of Americans think the economy is on the ‘wrong track’ and it's a bad time to buy a home, Fannie Mae survey shows |…
Americans are short on hope about the housing market.
Leaked memo shows Trump plans to stiff 750k shutdown workers
https://www.rawstory.com/trump-2674161155/I%E2%80%99m
https://redd.it/1o0otir
@r_econ
https://www.rawstory.com/trump-2674161155/I%E2%80%99m
https://redd.it/1o0otir
@r_econ
America saw ‘essentially no job growth’ last month, Moody’s warns
https://thehill.com/business/5542223-america-job-growth-moodys-prediction/
https://redd.it/1o0g4si
@r_econ
https://thehill.com/business/5542223-america-job-growth-moodys-prediction/
https://redd.it/1o0g4si
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The Hill
America saw ‘essentially no job growth’ last month, Moody’s warns
Economists are in the dark due to the government shutdown, but private data has offered some clues. It’s not great news.
Governor Abbot Boycott of Public Companies HQ in Texas until Texas NG withdrawn from Oregon and Illinois
https://redd.it/1o0xf0q
@r_econ
https://redd.it/1o0xf0q
@r_econ
OMB deletes reference to law guaranteeing backpay to furloughed feds from shutdown guidance
https://www.govexec.com/pay-benefits/2025/10/omb-deletes-reference-law-guaranteeing-backpay-furloughed-feds-shutdown-guidance/408645/
https://redd.it/1o0xd7z
@r_econ
https://www.govexec.com/pay-benefits/2025/10/omb-deletes-reference-law-guaranteeing-backpay-furloughed-feds-shutdown-guidance/408645/
https://redd.it/1o0xd7z
@r_econ
Government Executive
OMB deletes reference to law guaranteeing backpay to furloughed feds from shutdown guidance
An Office of Management and Budget FAQ document now states that only excepted employees forced to work without pay are guaranteed backpay at the conclusion of a lapse in appropriations.
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ICE stops a family at gunpoint & smashes their car window over a newborn baby
https://redd.it/1o17jtb
@r_econ
https://redd.it/1o17jtb
@r_econ
The Death of Partying in the U.S.A.—and Why It Matters
https://www.derekthompson.org/p/the-death-of-partying-in-the-usaand
https://redd.it/1o12vaf
@r_econ
https://www.derekthompson.org/p/the-death-of-partying-in-the-usaand
https://redd.it/1o12vaf
@r_econ
www.derekthompson.org
The Death of Partying in the U.S.A.—and Why It Matters
Young Americans today spend 70 percent less time attending or hosting parties than they did at the beginning of the 21st century. Why?
Trump Slashes $8 Billion From Blue States That Didn’t Vote for Him
https://www.azexpress.net/en/news/837/trump-slashes-8-billion-from-blue-states-that-didnt-vote-for-him
https://redd.it/1o1b25m
@r_econ
https://www.azexpress.net/en/news/837/trump-slashes-8-billion-from-blue-states-that-didnt-vote-for-him
https://redd.it/1o1b25m
@r_econ
www.azexpress.net
Trump Slashes $8 Billion From Blue States That Didn’t Vote for Him - AzExpress
President Donald Trump is escalating his shutdown standoff with Democrats by cutting off billions in federal funding to states that refused to support him in 2024 — a move critics are calling blatant political retribution.
Without data centers, GDP growth was 0.1% in the first half of 2025, Harvard economist says
https://fortune.com/2025/10/07/data-centers-gdp-growth-zero-first-half-2025-jason-furman-harvard-economist/
https://redd.it/1o1buza
@r_econ
https://fortune.com/2025/10/07/data-centers-gdp-growth-zero-first-half-2025-jason-furman-harvard-economist/
https://redd.it/1o1buza
@r_econ
Fortune
Without data centers, GDP growth was 0.1% in the first half of 2025, Harvard economist says | Fortune
Is a U.S. without data centers a country without GDP growth?
Media is too big
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JD asks why undocumented immigrants can get treatment at emergency rooms and blaming democrats for government shutdown
https://redd.it/1o1b4uh
@r_econ
https://redd.it/1o1b4uh
@r_econ
There are 45,000 US flights a day. Air traffic controllers are calling in sick. Can anyone do the math on this economic impact?
https://preview.redd.it/u1ik3zmufvtf1.jpg?width=2048&format=pjpg&auto=webp&s=f2313a859e035fc6fb56692c2d3a23f537237dae
Photo above - hey kid, I told you . . . go back to your seat. We won't be landing until a week from Sunday because the air traffic controllers all called in sick . . . (screen shot courtesy of the film "Airplane")
If anything has the potential to short circuit the government shutdown, it's the air traffic controllers calling in sick. I confess I didn’t see this coming. They probably didn’t either, until Trump told them they were working without pay until the shutdown was over. And THEN added that back pay owed to them during the shutdown might not be paid. See link below.
This sick-out evidently started in Burbank, California. A bunch of Hollywood producers and tech moguls keep their private jets parked there. Those are all grounded now. The control tower is completely unstaffed, but probably not the cocktail lounge. Someone COULD take off, but it would be a federal crime. Corporate pilots aren’t going to risk losing their licenses, no matter how much Jerry Bruckheimer (producer) or Elon Musk bribes and threatens them.
Possibly more important than America’s economy screeching to halt (if this spreads), is the impact to the NFL and MLB. I’m being satiric here, but it’s true. Imagine if all the NFL games had to be cancelled because the visiting team couldn’t travel. Imagine if the baseball playoffs and World Series were put on indefinite hold. The mobile betting industry and Vegas would shut down too. Liquor sales might plummet. Doordash and Uber eats would be the only jobs left standing.
If this spreads, America won’t even be able to fly any migrant detainees to Wakanda or Zamunda for safekeeping. They will be stuck in Alligator Alcatraz forever. Unless THOSE guards start calling in sick, too.
It’s unclear whether Hollywood and the Artificial Intelligence moguls trying to put the rest of us out of work will blame democrats or republicans for this fiasco. On the one hand, they almost all hate Trump. On the other hand, they also hate higher taxes, which are a certainty if congress keeps dreaming up new stuff to spend on that we can’t afford. Everyone says all the new taxes should fall on corporations. We're all going to put out of work because of AI, anyway.
I have no travel plans this coming weekend. If I did, I would probably drive anyway, since flights are so expensive, and you get charged extra for carryon luggage and a bottle of water now. Next the bathrooms will probably be coin operated. Will we start hearing that are 10-mile-long traffic jams because all the flights are grounded? Maybe the toll booth attendants will start a sick-out too.
I’m just sayin’ . . .
**Air traffic controller shortages lead to canceled flights, delays nationwide**
https://redd.it/1o17lpd
@r_econ
https://preview.redd.it/u1ik3zmufvtf1.jpg?width=2048&format=pjpg&auto=webp&s=f2313a859e035fc6fb56692c2d3a23f537237dae
Photo above - hey kid, I told you . . . go back to your seat. We won't be landing until a week from Sunday because the air traffic controllers all called in sick . . . (screen shot courtesy of the film "Airplane")
If anything has the potential to short circuit the government shutdown, it's the air traffic controllers calling in sick. I confess I didn’t see this coming. They probably didn’t either, until Trump told them they were working without pay until the shutdown was over. And THEN added that back pay owed to them during the shutdown might not be paid. See link below.
This sick-out evidently started in Burbank, California. A bunch of Hollywood producers and tech moguls keep their private jets parked there. Those are all grounded now. The control tower is completely unstaffed, but probably not the cocktail lounge. Someone COULD take off, but it would be a federal crime. Corporate pilots aren’t going to risk losing their licenses, no matter how much Jerry Bruckheimer (producer) or Elon Musk bribes and threatens them.
Possibly more important than America’s economy screeching to halt (if this spreads), is the impact to the NFL and MLB. I’m being satiric here, but it’s true. Imagine if all the NFL games had to be cancelled because the visiting team couldn’t travel. Imagine if the baseball playoffs and World Series were put on indefinite hold. The mobile betting industry and Vegas would shut down too. Liquor sales might plummet. Doordash and Uber eats would be the only jobs left standing.
If this spreads, America won’t even be able to fly any migrant detainees to Wakanda or Zamunda for safekeeping. They will be stuck in Alligator Alcatraz forever. Unless THOSE guards start calling in sick, too.
It’s unclear whether Hollywood and the Artificial Intelligence moguls trying to put the rest of us out of work will blame democrats or republicans for this fiasco. On the one hand, they almost all hate Trump. On the other hand, they also hate higher taxes, which are a certainty if congress keeps dreaming up new stuff to spend on that we can’t afford. Everyone says all the new taxes should fall on corporations. We're all going to put out of work because of AI, anyway.
I have no travel plans this coming weekend. If I did, I would probably drive anyway, since flights are so expensive, and you get charged extra for carryon luggage and a bottle of water now. Next the bathrooms will probably be coin operated. Will we start hearing that are 10-mile-long traffic jams because all the flights are grounded? Maybe the toll booth attendants will start a sick-out too.
I’m just sayin’ . . .
**Air traffic controller shortages lead to canceled flights, delays nationwide**
https://redd.it/1o17lpd
@r_econ