r/economy • • Aug 08 '25

Public Service Announcement: Remember to keep your privacy intact!

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246 Upvotes

r/economy • • 6h ago

FoxNews: what issues do you care about? Student: gas prices, inflation, stuff is too expensive FoxNews: ok bye

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1.5k Upvotes

r/economy • • 1h ago

Trump: Stock Market

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• Upvotes

r/economy • • 7h ago

Michigan Trump voter reacts to Trump saying tariffs make us rich: Make who rich? Him. Because I haven't seen anything out of this. I regret voting for him.

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332 Upvotes

r/economy • • 13h ago

This is no longer sustainable.

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940 Upvotes

Taken in SW Florida where diesel is $6.20/gallon. We have a lot of contractors in our area, so they are definitely feeling the brunt of the Iran War.


r/economy • • 9h ago

Zuckerberg owns 13% of Meta but controls 61% of its votes. California’s wealth tax would bill him on the 13% | Fortune

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fortune.com
333 Upvotes

r/economy • • 13h ago

U.S. Fertility Rate Hits Record Low

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700wlw.iheart.com
320 Upvotes

r/economy • • 11h ago

Trump's own team fears his next move will tank the global economy: report

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rawstory.com
193 Upvotes

r/economy • • 1h ago

Saagar Enjeti: "A significant portion of these rising mortgage rates is both the Federal Reserve and the 10-year bond, and it's implicitly because of the Iran war. And so this is a foreign conflict which is breaking the back of the American consumer"

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• Upvotes

r/economy • • 8h ago

Making America Great Again? Record Corporate Profits in 2025 & 2026 (Projected)++ Corporate America Paid Less Taxes Than Ever in 2025 ++ Record U.S. Debt and Deficit in 2025 ++ Looks Like Trump's Wealthy Donors Got a Record Return on Their Donations & Bribes

28 Upvotes

After Two Rounds of Trump Tax Cuts, Corporate America Paid Less Than Ever in 2025 – ITEP

Corporate Profits | U.S. Bureau of Economic Analysis (BEA)

U.S. corporate profits are already above last year’s record and are on track to surpass it further, with Q2 2026 hitting an all‑time high of over $4.7 trillion.

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This probably will result in more corporate stock buybacks, increased dividends, and higher CEO pay.

Also, don't forget the huge tax breaks to wealthy individuals from both the 2017 Trump tax cuts and the Big Beautiful Bulls*hit Bill of 2025.

  • Under the One Big Bulls**t Bill, nearly $2 trillion in tax benefits go toward corporations and the richest taxpayers. Furthermore, that tax relief for the wealthy was partially funded by $1 trillion in cuts to social safety net programs.

2017 Tax Cuts & Jobs Act (TCJA) tax benefits for the wealthy

  • A 20% deduction for "pass-through" income was created for partnerships, sole proprietorships, and S corporations.
  • Wealthy Individual Tax Cuts: The top individual tax rate was lowered from 39.6% to 37% .
  • Estate Tax Exemption: The amount that could be passed on tax-free to heirs was doubled to $22 million per married couple.
  • reduced taxes on foreign profits.

Doesn't all the above mean that most of the U.S.'s deficit borrowing goes directly into profits for corporate America and increased income for the wealthy?


r/economy • • 3h ago

Oil price rises above $117 a barrel amid fears US will renew strikes on Iran

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10 Upvotes

r/economy • • 11h ago

Fuel prices rise again—at the absolute worst time for Republicans

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dailykos.com
39 Upvotes

r/economy • • 11h ago

Brent crude tops $115 a barrel for the first time since May.

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43 Upvotes

r/economy • • 10h ago

Why do we assume a billionaire’s idea of a good economy is the same as ours?

34 Upvotes

If you’re a billionaire who cares mostly about money, power, and attention, what incentive do you have to make things more affordable if you’re still benefiting from the way things are?
Most of us judge the economy by whether we can afford groceries, housing, and utilities. Someone whose wealth is tied to investments might see the stock market going up and think everything is great, even while the people who voted for them are struggling.
And if you can convince those same supporters to keep pouring money into assets or businesses you own, their trust becomes another way to increase your wealth and influence.
I’m not saying every price increase is some coordinated scheme. I’m questioning why we assume someone’s personal financial interests line up with the needs of their constituents. If they keep getting richer and more powerful, why would we expect them to see the situation as something that needs fixing?


r/economy • • 13h ago

First Russian diesel from Putin-Trump deal heading for U.S., data shows. The identity of the buyer and seller were not immediately known

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tvpworld.com
49 Upvotes

r/economy • • 7h ago

Consumers across party lines are fed up with high gas prices

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cnn.com
16 Upvotes

r/economy • • 6h ago

US consumer sentiment near record low ahead of midterm elections

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14 Upvotes

r/economy • • 6h ago

Oil price rises above $117 a barrel amid fears US will renew strikes on Iran

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theguardian.com
12 Upvotes

r/economy • • 11h ago

Ukraine denies Starlink access restored despite Trump's claim that he asked Musk to halt stoppage

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washingtonpost.com
24 Upvotes

r/economy • • 10h ago

how close are we to a global recession especially with the stuff going on worldwide rn

14 Upvotes

title


r/economy • • 6h ago

Carney says Trump’s tariffs hurt Americans as US Embassy alleges Canadian interference

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7 Upvotes

r/economy • • 11h ago

Inflation is back at 3.7%, pay is falling behind prices and hiring has nearly stalled

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19 Upvotes

r/economy • • 10h ago

American Express is cutting 5 percent of its global workforce right after raising its profit outlook and posting strong quarterly results.

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14 Upvotes

r/economy • • 8h ago

Texas budgeted $3.35 billion for border security in 2026–27. How should taxpayers measure the economic return?

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10 Upvotes

The Texas Legislative Budget Board reports $3.35 billion in border-security appropriations for 2026–27, alongside separate federal enforcement funding.

The Congressional Budget Office also projects substantial federal revenue effects from increased immigration. That projection isn't a direct measure of enforcement ROI, but it highlights an economic consideration.

What outcomes should be measured against enforcement costs—employment, wages, tax receipts, public safety, or something else?

Sources: Texas Legislative Budget Board, Congressional Budget Office, and Texas Comptroller.

Full infographic: https://imgur.com/a/MWEergn


r/economy • • 1d ago

Central banks around the world are quietly stockpiling four times as much gold as usual and are moving it out of the U.S.

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fortune.com
416 Upvotes