Media is too big
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AI isn't taking over Amazon employees' jobs -- their jobs are being cut just to afford the chips necessary to power AWS. (18% YoY growth isn't enough for [Soon-to-be-Against-the] Wall Street.) Feeding the bubble all the while.
https://redd.it/1onuyzs
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10 Richest Americans Have Gained $700 Billion in Wealth Since Trump Reelection |
“The new American oligarchy is here,” said the CEO of Oxfam America. “Billionaires and mega-corporations are booming while working families struggle to afford housing, healthcare, and groceries.”
https://www.commondreams.org/news/billionaire-wealth-under-trump
https://redd.it/1onzmqt
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“The new American oligarchy is here,” said the CEO of Oxfam America. “Billionaires and mega-corporations are booming while working families struggle to afford housing, healthcare, and groceries.”
https://www.commondreams.org/news/billionaire-wealth-under-trump
https://redd.it/1onzmqt
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Common Dreams
10 Richest Americans Have Gained $700 Billion in Wealth Since Trump Reelection | Common Dreams
"The new American oligarchy is here," said the CEO of Oxfam America. "Billionaires and mega-corporations are booming while working families struggle to afford housing, healthcare, and groceries."
Probably one of the most disgusting, War Mongering covers ever. At least they aren't trying to hide it anymore. The catastrophic Ukrainian War is an "Opportunity", the bullets are made of Cash, and the dead get no mention.
https://redd.it/1oo33yp
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https://redd.it/1oo33yp
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US and EU sanctions — mostly imposed on developing countries — are associated with 400,000–1,000,000 deaths *every single year*.
https://redd.it/1oo1yit
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https://redd.it/1oo1yit
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There is 'overwhelming evidence' tariffs have raised consumer prices, says Bank of America
Trump's tariffs will cost each American family an additional 130.00 this Christmas season.
When tariffs are imposed, they are collected upon arrival and paid by the importer. What the importer wants to do is up to them. They can try to 'eat' import fees so as not to enrage their customers, or when it becomes impossible to make a profit, pass those fees onto the consumer. No two ways about it!
Aside from its effects on consumers, Manufacturing has contracted for the eighth straight month in a row due to those same tariffs. As one manufacturer said, "These tariffs are killing me". Others are forced to reduce overhead by laying off employees. Overall, employment hasn't grown since January.
Meanwhile Trump keeps lying, saying he has collected 'Trillions' due to tariffs, but when asked where all this money is his dementia kicks in and he babbles like Margorie Taylor Greene talking back to her TV.
See this -- Boldface mine
Story by [email protected] (Nora Redmond) •
Analysts at the Bank of America said tariffs have raised prices for consumers. They wrote in a note that consumers have covered about 50% to 70% of the cost of levies to date. This suggests tariffs will continue to put "upward pressure" on inflation, they said. For the Bank of America, President Donald Trump's levies have boosted consumer inflation, and there's no uncertainty about that.
"We think there's no debate — tariffs have pushed consumer prices higher," analysts, including Aditya Bhave, managing director and senior US economist at the research unit of the banking giant, wrote in a note on October 31.
Since Trump unveiled his "Liberation Day" tariffs on April 2, while some trade deals have been negotiated with partners, such as the UK and the European Union, rates on other countries, like China and Canada, have remained elevated. Trump argued that tariffs would rebalance the trade deficit and bring billions of dollars back to the US, as Americans would be encouraged to shop domestically, and more manufacturing jobs would be introduced at home rather than companies relying on foreign labor. However, many economists warned that the cost of the levies would be passed on to consumers. Research from S&P Global last month found that Trump's tariffs will cost businesses $1.2 trillion this year, with shoppers ultimately bearing the brunt.
"We think there is overwhelming evidence that tariffs have pushed inflation higher for consumers," the strategists said in the note.
They wrote that they estimate tariffs to account for between 30 and 50 basis points of the core personal consumption expenditure inflation rate, which measures the change in prices for goods and services. The analysts also said consumers have paid for about 50% to 70% of the total tariff cost to date. "This suggests tariffs can continue to put upward pressure on inflation in coming months, especially since the effective tariff rate should climb further," the note said.
The PCE price index was up 2.7% year-on-year in August, a rise of 0.1% on the previous two months and 0.2% compared to May.
https://www.msn.com/en-us/money/markets/there-s-overwhelming-evidence-tariffs-have-raised-consumer-prices-says-bank-of-america/ar-AA1PIpzG
https://redd.it/1oo63yc
@r_latestagecapitalism
Trump's tariffs will cost each American family an additional 130.00 this Christmas season.
When tariffs are imposed, they are collected upon arrival and paid by the importer. What the importer wants to do is up to them. They can try to 'eat' import fees so as not to enrage their customers, or when it becomes impossible to make a profit, pass those fees onto the consumer. No two ways about it!
Aside from its effects on consumers, Manufacturing has contracted for the eighth straight month in a row due to those same tariffs. As one manufacturer said, "These tariffs are killing me". Others are forced to reduce overhead by laying off employees. Overall, employment hasn't grown since January.
Meanwhile Trump keeps lying, saying he has collected 'Trillions' due to tariffs, but when asked where all this money is his dementia kicks in and he babbles like Margorie Taylor Greene talking back to her TV.
See this -- Boldface mine
Story by [email protected] (Nora Redmond) •
Analysts at the Bank of America said tariffs have raised prices for consumers. They wrote in a note that consumers have covered about 50% to 70% of the cost of levies to date. This suggests tariffs will continue to put "upward pressure" on inflation, they said. For the Bank of America, President Donald Trump's levies have boosted consumer inflation, and there's no uncertainty about that.
"We think there's no debate — tariffs have pushed consumer prices higher," analysts, including Aditya Bhave, managing director and senior US economist at the research unit of the banking giant, wrote in a note on October 31.
Since Trump unveiled his "Liberation Day" tariffs on April 2, while some trade deals have been negotiated with partners, such as the UK and the European Union, rates on other countries, like China and Canada, have remained elevated. Trump argued that tariffs would rebalance the trade deficit and bring billions of dollars back to the US, as Americans would be encouraged to shop domestically, and more manufacturing jobs would be introduced at home rather than companies relying on foreign labor. However, many economists warned that the cost of the levies would be passed on to consumers. Research from S&P Global last month found that Trump's tariffs will cost businesses $1.2 trillion this year, with shoppers ultimately bearing the brunt.
"We think there is overwhelming evidence that tariffs have pushed inflation higher for consumers," the strategists said in the note.
They wrote that they estimate tariffs to account for between 30 and 50 basis points of the core personal consumption expenditure inflation rate, which measures the change in prices for goods and services. The analysts also said consumers have paid for about 50% to 70% of the total tariff cost to date. "This suggests tariffs can continue to put upward pressure on inflation in coming months, especially since the effective tariff rate should climb further," the note said.
The PCE price index was up 2.7% year-on-year in August, a rise of 0.1% on the previous two months and 0.2% compared to May.
https://www.msn.com/en-us/money/markets/there-s-overwhelming-evidence-tariffs-have-raised-consumer-prices-says-bank-of-america/ar-AA1PIpzG
https://redd.it/1oo63yc
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MSN
There's 'overwhelming evidence' tariffs have raised consumer prices, says Bank of America
The analysts wrote in a note on Friday that consumers have covered about 50% to 70% of the cost of tariffs to date.
Pro-Israel groups' public feud with the Heritage Foundation over Tucker Carlson has nothing to do with antisemitism. They were fine with right-wing antisemitism so long as it didn't imperil support for Israel. [Note: this post is not a defense of Carlson's general worldview, nor Nick Fuentes.]
https://redd.it/1oo7g1j
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BBC Releases Diagram of Dick Cheney's Final Resting Place
https://redd.it/1ooawhb
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https://redd.it/1ooawhb
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This is why you don't give space to zionists. They try to lie about what you have seen yourself.
https://redd.it/1ooi1y3
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https://redd.it/1ooi1y3
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Reddit
From the LateStageCapitalism community on Reddit: This is why you don't give space to zionists. They try to lie about what you…
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I'm starting to conclude that the motive of U.S. healthcare is not to keep us healthy...
The U.S. healthcare industry doesn't aim to keep you healthy but to keep you alive long enough to turn a profit for the capitalist overlords. If they can squeeze 30-ish years of labor from you and get you to breed a few replacements, your part is done so you can fuck off and die.
https://redd.it/1ooodgv
@r_latestagecapitalism
The U.S. healthcare industry doesn't aim to keep you healthy but to keep you alive long enough to turn a profit for the capitalist overlords. If they can squeeze 30-ish years of labor from you and get you to breed a few replacements, your part is done so you can fuck off and die.
https://redd.it/1ooodgv
@r_latestagecapitalism
Reddit
From the LateStageCapitalism community on Reddit
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YouTube Erased 700 Videos of Israeli Human Rights Violations | The tech giant deleted the accounts of three prominent Palestinian human rights groups — a capitulation to Trump sanctions.
https://theintercept.com/2025/11/04/youtube-google-israel-palestine-human-rights-censorship/
https://redd.it/1oon74v
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https://theintercept.com/2025/11/04/youtube-google-israel-palestine-human-rights-censorship/
https://redd.it/1oon74v
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The Intercept
YouTube Quietly Erased More Than 700 Videos Documenting Israeli Human Rights Violations
The tech giant deleted the accounts of three prominent Palestinian human rights groups — a capitulation to Trump sanctions.