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News
Amazon workers on food stamps have tripled despite its record revenue???and it???s just the latest evidence of the new economy of shrinking labor shares
2+ hour, 27+ min ago (600+ words) The U.S. workforce has just made the type of history it likely wishes it didn’t. Working Americans are taking home the smallest percentage of economic output, 52.8%, since the Bureau of Labor Statistics began tracking the metric in 1947. But as the share…...
Trump???s childhood home sells for $1.9 million after prior owner bought it for $835,000 last year, when it was a mold-ridden den of feral cats
12+ hour, 42+ min ago (346+ words) Fortune's exclusive new interview with OpenAI CEO Sam Altman Donald Trump’s childhood home has sold for nearly $2 million after a renovation transformed the New York City residence from a mold-ridden cat den to a modern abode. The president lived at…...
The trade deficit with Canada that's upset Trump so much is due to oil the U.S. buys at a discount for the Midwest. 'It???s the only oil they can use"
12+ hour, 51+ min ago (1036+ words) Canada might seem an unlikely target for a U.S. trade war. No country on Earth buys as much from the United States as its northern neighbor. For American farmers, Canada is second only to Mexico as an export market. A North…...
U.S. diesel prices are now 60% higher than they were before the Iran war, with one Trump voter paying twice as much to fuel his farm equipment
10+ hour ago (412+ words) The price of diesel is hitting record highs just when many U.S. farmers need it to power combines, tractors and other equipment to harvest two of the nation’s largest commodities, soybeans and corn. The spike adds to an already tough year…...
Scott Bessent dared the $32 trillion bond market with 'I am the house now' statement. It didn???t listen
2+ day, 15+ hour ago (795+ words) Speaking at Southern Methodist University on Tuesday, Treasury Secretary Scott Bessent dared currency traders, and indirectly the bond market, to challenge him as he wages a multi-front battle to stabilize markets amid Iran war turmoil while also trying to slow…...
Trump???s $5,000 pledge and the bond market revolt shows it's a voter bribe??? costing every American $8,000
2+ day, 15+ hour ago (638+ words) In February 1993, weeks into Bill Clinton’s presidency, James Carville famously quipped: “I used to think if there was reincarnation, I wanted to come back as the president or the pope or a.400 baseball hitter. But now I want to come…...
Trump's first term had real stimulus checks. His second has promises tied to problems he started
2+ day, 16+ hour ago (243+ words) President Donald Trump’s first-term stimulus checks were a response to a pandemic he didn’t cause. His second-term cash promises are mostly a response to problems his own policies created, and now stretch to an election he may lose because of…...
Major Republican donor balks at Trump's $5,000 'bread and circus bribe' at midterm convention
2+ day, 18+ hour ago (905+ words) Republicans at their midterm convention know that history is not on their side this election season, but they are counting on President Donald Trump and his two-day extravaganza in Dallas to rally voters to protect their House and Senate majorities....
Trump's $5,000 'dividend' is really a $1.15 trillion hole in the deficit, top economist estimates
2+ day, 17+ hour ago (330+ words) President Donald Trump’s pledge to send every American adult a $5,000 check if Republicans hold Congress in November carries a price tag that economists say has no clear funding source — and would land on a federal balance sheet already strained by…...
Trump tries to bribe Americans to vote Republican with promise of $5,000 dividend??? only if the GOP wins
2+ day, 19+ hour ago (612+ words) President Donald Trump pledged Wednesday to send every American adult $5,000 if Republicans retain control of the House and Senate in the midterm elections, an extraordinary gambit to reverse his party’s sagging fortunes in November. The dubious promise would most likely…...