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X @Forbes
Forbes· 2025-08-29 05:20
Forget BLS. Here’s How To Take The Economy’s Temperature Without Using Government Data https://t.co/PvumONfzDf https://t.co/ABxU3j79iY ...
X @Bloomberg
Bloomberg· 2025-08-29 02:27
Economic Policy - South Korea's government plans a significant increase in its annual budget [1] - The budget expansion aims to stimulate the economy [1] Economic Challenges - The economy faces pressure from US tariffs [1] - Rising welfare costs pose a challenge [1] - An aging population contributes to economic strain [1] - One of the world's lowest birth rates adds to the economic burden [1]
'You talk tough and you ridicule them': Philadelphia DA explains how he plans to fight Trump
MSNBC· 2025-08-28 22:17
Political Strategy & Democratic Party Dynamics - The Democratic Party needs to empower voters and embrace its future by enlisting young, Black, Brown, and broke voters [19][21] - Centrist Democrats should stop criticizing progressive figures like AOC, as her followers' votes are necessary [20][21] - Democratic elected officials should speak up loudly, proudly, and without fear; otherwise, they should be replaced [23] - The Democratic Party should emphasize that it is not a corporate party or the party of Wall Street, but a party for working families [22] - Democrats have the facts and public opinion on their side but struggle with political persuasion, needing to empower voters [19] Public Safety & Political Messaging - Republican states have been 133% more dangerous in terms of homicide than Democratic states for the last 25 years, yet Democrats have failed to highlight this [16] - Democrats have allowed Republicans to falsely claim the mantle of being for public safety, despite evidence to the contrary [17] Trump & Political Opposition - Donald Trump is described as a "wannabe dictator" who should be ridiculed and shown no fear [5] - Trump's appeal stems from being an outsider and exploiting Americans' distrust of elected politicians, selling a "bill of goods" [8] - Strength is a language that everyone understands and responds to, particularly in dealing with figures like Trump [8] State vs Federal Power - State prosecution is an important tool to hold accountable those acting beyond their legal authority, even federal agents [1][2] - The President has no power to pardon someone convicted in state court [2]
Cramer's Stop Trading: Chipotle Mexican
CNBC Television· 2025-08-28 14:20
Retail & Restaurant Performance - Some companies like Ali's and Dollar General are performing well [1] - Chipotle is facing challenges due to perceived high prices [1][2] - Chipotle is offering a group meal option at approximately $8 per person [2] - Chipotle is experiencing negative sales, indicating customer preference for more affordable options [2] Consumer Behavior & Economic Trends - Consumers are seeking bargains and value, favoring options like Burlington and Olive Garden [2] - A significant portion of consumers are unwilling to pay high prices for meals, such as $28 for a burrito bowl with delivery [4] - Some consumers prefer cheaper alternatives like McDonald's value meals [4] - The market is bifurcated, with a segment of consumers prioritizing lower prices [5] - High employment rates exist, but affordability concerns influence consumer choices [6] Competitive Landscape - Cava and Sweet Green are also considered expensive, costing around $15-$16 per meal [4][5] - Brinker offers a more affordable option with a $10 burger [4]
It’s Happening with Velshi & Ruhle | MSNBC LIVE Q&A
MSNBC· 2025-08-27 21:47
MSNBC’s Ali Velshi and Stephanie Ruhle answer your questions LIVE and take an in-depth look at the biggest stories at the intersection of business, politics and the economy. Our next MSNBC Live event is on October 11th in New York City! Buy Tickets Now: msnbc.com/live25 For more context and news coverage of the most important stories of our day click here: https://www.msnbc.com/ » Subscribe to MSNBC: https://www.youtube.com/msnbc » Subscribe to MSNBC on TikTok https://www.tiktok.com/@msnbc » Subscribe to MS ...
Why Canada Is Removing Many Retaliatory Tariffs on US
Bloomberg Television· 2025-08-27 19:48
Trade Relations & USMCA - Canada views its actions as an olive branch to the US, seeking reciprocal benefits [1] - The US is preparing for a review of the USMCA trade agreement in 2026 [2] - Canada adjusted retaliatory tariffs to mirror the US's respect for USMCA-compliant imports [3] - Resetting sectoral tariffs could present an economic opportunity for both Canada and the US [8] - Canada aims to strengthen commitment to the USMCA, mirroring the US's decision to provide Canada with a carve out, giving it a marginal advantage over other countries [16] Strategic Sectors & Tariffs - Negotiations regarding steel and aluminum tariffs are ongoing, with optimism for rate reduction [5] - The US has provided little relief on Section 232 tariffs globally, including to major trading partners [6] - Integrated supply chains exist between Canada and the US in sectors like automobiles, aluminum, and softwood lumber [7] - Canada and the US have taken tough measures against dumping from countries like China [8] Investment & Economic Integration - Canada is the second most important foreign direct investor in the US economy [10] - Canadian pension funds alone have almost $1 trillion (USD) invested in the US economy, with potential for $100 billion (USD) annual growth [11] - Investment opportunities exist in sectors like energy, mineral projects, defense, and security [12][13]
X @Bloomberg
Bloomberg· 2025-08-27 17:34
US companies are planning to buy back shares at a historic pace, a sign of Corporate America’s confidence in the economy https://t.co/bjo9dWnwzC ...
Trump hits India with 50% tariff for buying Russian oil
MSNBC· 2025-08-27 16:53
Trade & Tariffs - The US imposed a 50% tariff on India, impacting goods like drugs, jeans, textiles, and jewelry, while smartphones are exempted [1][2][3][5] - The tariffs on India are partly due to India's purchase of Russian oil, which the US sees as fueling Putin's war in Ukraine [2] - The US administration celebrates tariff revenue, which is about $110 billion this year, but this revenue ultimately comes from American companies and consumers [8] - The tariff revenue could generate trillions of dollars over the coming decade, potentially offsetting revenue loss from tax cuts [10] - Tariffs can have a positive fiscal effect but also a negative economic and questionable foreign policy effect [12] Federal Reserve & Economic Policy - The President has been critical of the Fed chairman for not lowering interest rates, which he believes would spur the economy and lower housing costs [15] - Lowering interest rates could raise inflation, which is a concern for many economists [16] - The President's pressure on the Fed is seen by some as an effort to distract from economic concerns [19] - The Federal Reserve is designed to be a shock absorber for the American economy, independent from political influence [21][22] - Political pressure on the Fed threatens its independence and could lead to premature interest rate cuts, potentially pushing up inflation [25][27] - The Treasury Secretary claimed inflation has plummeted to 19%, but the official inflation reading is a little more than 27% [28][31]
X @Crypto Rover
Crypto Rover· 2025-08-27 12:08
💥BREAKING:🇨🇳 CHINA INJECTED ANOTHER ¥1.07T INTO THE ECONOMY THIS WEEK.BULLISH FOR MARKETS! https://t.co/pf2d55DopC ...
X @Bloomberg
Bloomberg· 2025-08-26 20:40
President Donald Trump’s unprecedented and escalating attack on the Federal Reserve runs the risk of backfiring by hitting financial markets and the economy with higher long-term borrowing costs. https://t.co/bxwpqT7DXU ...