Because sometimes things just need to be said….
Almost two years ago, 77,303,573 Americans voted for Donald Trump. I think they picked the dumbest human on earth for the most powerful job on earth, and I’m done being polite about it. That’s my opinion. The receipts below are not. Prices were the pitch. At a rally in Erie, Pennsylvania, he said “Groceries, cars …
On Wednesday morning the government will announce what it thinks your groceries cost, and then decide how big a raise retirees get for it. Estimates for the 2027 Social Security cost-of-living adjustment are sitting around 3.5 percent, up from 2.8 percent this year. The official number lands October 14 alongside the September inflation report, and …
Trump says Republicans will send every American adult $5,000 if they win the House and Senate in November. I did the math so he didn’t have to. The U.S. has roughly 270 million adults. Multiply that by $5,000 and you get about $1.35 trillion. The plan is supposedly paid for with tariffs, which is where …
The Federal Reserve raised interest rates on September 16. Sixteen days later, the government told us employers added 29,000 jobs last month, when economists were expecting something closer to 85,000 or 90,000. That’s the timeline. Make of it what you will, but I’d make of it this: somebody pulled the brakes right before the car …
The Federal Reserve raised interest rates today for the first time in three years. The vote was unanimous. The man running that vote is Kevin Warsh — the same guy Trump nominated because he wanted someone who’d cut rates, not raise them. Back in February, at a Semafor economic summit, Trump said he wouldn’t have …
August’s jobs report came in Friday morning, and it was a good one: 162,000 jobs added, more than double what economists were expecting, unemployment holding steady at 4.1 percent. That’s normally a number worth celebrating. Instead, a few hours later, the president threatened to stop trading with most of the world. At 9:56am, he posted …
Your electric bill went up again this year. Mine did too — about $110 more than last year, which happens to land right around the national average increase. Meanwhile, the companies sending you that bill just wrapped up their best five years ever. From 2021 to 2025, investor-owned electric utilities pocketed $244 billion in profit …
The US Open kicked off this week, and buried in the schedule is a number that stopped me mid-scroll: the singles champion walks away with $5.5 million. Not for a season. Not for a career. For two weeks of tennis. The total prize pool this year is $108 million, up 20% from last year and …
Somewhere between the three-ring binders and the “suggested donation” for classroom supplies, back-to-school shopping quietly turned into one of the more stressful line items on the family calendar, and this year it’s worse than usual. New numbers out this month show families planning to spend less on the actual shopping trip than they did last …