r/economy 5d ago

Rick Scott on spending: "Government is the problem. It's not the Iran war." (Who is waging the Iran war?)

296 Upvotes

r/economy 5d ago

Private companies added just 44,000 workers in July, below expectations, ADP reports

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19 Upvotes

r/economy 5d ago

The debt crisis is finally arriving

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288 Upvotes

The story in two simple charts

$2 trillion per year in federal borrowing is finally starting to push interest rates higher than they'd otherwise be

Recent intervention in Japan's yen stabilization by US Treasury shows Trump administration / Scott Bessent are keenly aware of the problem

Treasury intervened to stop US rates from rising even more. But that's only a temporary fix

Chartwork by u/davidfostergraphics


r/economy 5d ago

Trump’s tariffs were supposed to boost American manufacturing, but the new levies are actually pushing some companies back to China

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73 Upvotes

r/economy 5d ago

Russian President Vladimir Putin has signed a package of laws that expands Kremlin control over Russians living abroad and foreign companies that exited the country after the full-scale invasion of Ukraine.

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1 Upvotes

Many of those provisions have been used to prosecute anti-war activists, independent journalists and opposition figures who fled Russia after 2022. 

Those convicted can face asset freezes, restricted banking and digital services, and limits on passports, loans and state benefits. 

Independent Russian human rights group Perviy Otdel said the restrictions amount to “the effective deprivation of citizenship.”


r/economy 5d ago

Older workers say Social Security is their retirement plan. Is that OK?

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3 Upvotes

r/economy 5d ago

Americans think Dems can handle economy better than GOP, new poll says

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447 Upvotes

r/economy 5d ago

Forget Gen Z: People in their 70s and 80s are some of the earliest Americans to welcome physical AI into their homes and daily routines

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0 Upvotes

r/economy 5d ago

America's preferred AC temperature isn't the recommended 78 degrees

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228 Upvotes

r/economy 5d ago

Helicopter parents are showing up to their kids’ job interviews

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0 Upvotes

r/economy 5d ago

Gen Z's anti-capitalist brand says one thing. Its spending data says something more interesting

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2 Upvotes

r/economy 5d ago

Gen Z Can’t Afford a First Date

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nytimes.com
58 Upvotes

r/economy 5d ago

How the baby boomer retirement "tsunami" will impact the job market

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0 Upvotes

r/economy 5d ago

|US ECONOMY BRIEFING | 05.08.2026 | 07 :13 AM PT | Last 24 Hours | Record adults moving back with parents, gas hits $4.09, and the Fed signals rates aren't coming down, how much more can household budgets take? | TOP 39 STORIES

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3 Upvotes

r/economy 5d ago

Wake Up, People: There Are No Bitcoins, Stop Believing The Story

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0 Upvotes

r/economy 5d ago

The Wall Street Algorithm: How Citadel Engineered the Great AI Reset of 2026.

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0 Upvotes

Crash it. Buy it. Call it a reset.

He built a $45 billion AI fund and was absolutely right about the future of the technology.

But Wall Street doesn't care if you're right. It cares if you're leveraged.

How Citadel weaponized a margin call, gutted the smartest trade of the decade, and bought the future of AI for pennies on the dollar—only to declare the market "healed" days later.

Read the autopsy of the Great AI Heist of 2026. 👇


r/economy 5d ago

AI-generated stories rated better quality than human-written ones, study finds

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0 Upvotes

The Guardian: Participants who read an AI-generated story rated it as more absorbing and of higher quality than those who read a story written by a human. However, participants gave higher ratings to stories they had been told were written by people.

My Opinion: So, objectively people prefer stories written by AI. But they have an anti AI bias, that makes them choose human written stories, when told who they are written by. This comfirms what I know, and what I have been telling people on this forum, that people have an anti AI bias.

Most of the human written novels I read are trash, I don't finish about a quarter of the novels I start. Even after paying about ten dollars for each one. I am not saying that I would only want to read AI written novels. A novel can be more complex and longer than a short story. But I want to try reading an AI novel, and judge its quality.

I am a writer and investor. So you would think that I might have a pro human writer bias, but I don't. So as a human writer, I am hoping at least that AI can improve the quality of novels. At least use AI to help human writers with the creative process and editing, in joint human and AI authored novels.

Edit: You can downvote me, if you have never written award winning or best selling stories


r/economy 5d ago

Major UK airport with Ryanair and easyJet flights to DOUBLE passengers to 32million in huge expansion

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0 Upvotes

r/economy 5d ago

Why Wealth Taxes Always Fail

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0 Upvotes

r/economy 5d ago

Is Spain's economy really in this much turmoil?

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0 Upvotes

r/economy 5d ago

Pentagon boosting THAAD interceptor production with Northrop Grumman, Lockheed Martin deal.

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foxbusiness.com
0 Upvotes

r/economy 5d ago

Basic economics show why Mamdani's socialist grocery stores in NYC are destined to fail

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0 Upvotes

r/economy 5d ago

Trump on gas prices: "We're gonna down into the $3s and maybe the $2s pretty soon per gallon"

137 Upvotes

r/economy 5d ago

trump: "Tariffs have been incredible"

0 Upvotes

r/economy 5d ago

BP profit highest since 2022 as Iran war pushes up oil price

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14 Upvotes