#economics
400 posts · Last used 7h
Boosted by @trending@homestead.social
"Aggressors must answer for ecocide: Araghchi"
#Taco #Politics #News #USA #Democrats #MAGA #UN #EU #Canada #Economics #Trade #Asia #Russia #China #Iran #War #WW3 #Palestine #Israel #Yemen #Election #Pentagon #Hormuz #Gaza #Zionism #Loser #Fascism #Senate #Environment #Climatehttps://en.mehrnews.com/news/248483/Aggressors-must-answer-for-ecocide-Araghchi
"And so here, what you have with billionaire wealth is that there’s a potential tax base; we are not taxing billionaire wealth today, which has been skyrocketing. That’s the flip side of the rise of wealth concentration. The positive aspect in all of that is that now there’s a lot of tax revenue at stake from potentially taxing the wealth of billionaires."
Nice dialogue between Gabriel Zucman and Paul Krugman.
https://paulkrugman.substack.com/p/talking-again-with-gabriel-zucman
#economics#wealthTax
The annual income needed to qualify for a mortgage in the U.S. has climbed steadily this year, per NAR:
January: $93,552
February: $93,792
March: $97,824
April: $101,424
May: $106,128
June: $109,152
#news #finance #economics #stocks #options
Boosted by @tchambers@indieweb.social
BREAKING: The Pentagon has told U.S. Central Command to finish preparations for the potential resumption of large-scale combat operations against Iran, per Axios.
#news #finance #economics #stocks #options
Boosted by @trending@homestead.social
A favourite trope of the small-state crowd is to attack taxes by saying 'make work pay' as if taxes had prompted a low-wage economy.
The *real* issue is the share of national Gross Value Added that accrues to capital & to labour (in aggregated terms).
In 1975 workers' share of GVA was 71.9%.. fifty years later that has dropped to 59.7%.
So, while the UK's economy has largely stagnated, capital has increased its capture of value from economic activity.
#economics #inequality
h/t Prem Sikka
Boosted by @tchambers@indieweb.social
AI agents from OpenAI may have breached or negatively impacted the systems of more than 100 organizations, the company said.
#news #finance #economics #stocks #options
Boosted by @trending@homestead.social
The scariest curve you'll see all day, via @financialtimes@flipboard.com no less
#climate #energy #oil #economics
Could Homeownership Reverse the Decline in Birthrates?
https://www.nytimes.com/2026/09/28/us/home-mortgage-program-birthrate-decline.html
#Business #Economics #Housing
JUST IN: OpenAI says another agent gained access to the internet, per YF
#news #finance #economics #stocks #options
"History has shown that financial calamities will occur when Treasury rates rise rapidly like this," per CNBC
#news #finance #economics #stocks #options
Boosted by @trending@homestead.social
As Michael Basler argues (Observer letters), 'judging regional economies through tax receipts ignores the historical concentration of wealth, capital & corporate power in London'!
Regional disparities have not been the accidental consequences of economic processes, but rather have been engineered by the City of London & financial services.
Unless the new regionalism promised by Andy Burnham specifically seeks to rebalance the UK's economy, it will amount to little.
#economics #politics
President Trump has inadvertently reduced global fossil fuel consumption because of the ongoing war with Iran, per WaPo
People worldwide are using significantly less oil and gas, which means less climate pollution.
#news #finance #economics #stocks #options
U.S., China Agree to Reduce Tariffs on $30 Billion of Trade
https://www.wsj.com/world/china/u-s-china-agree-to-reduce-tariffs-on-30-billion-of-trade-fd798758?mod=rss_worldnews
#Trade #Economics #GlobalAffairs
BREAKING: Trump has rejected Iran's proposal for a seven-day ceasefire and has told aides he expects to resume bombing Iran after the midterms, per WSJ
#news #finance #economics #stocks #options
Barack Obama: "One of the challenges we face globally is old men clinging to power."
#news #finance #economics #stocks #options
"Japanese companies are paying older workers to sit by a window and do nothing, while Western CEOs demand super-AI productivity just to keep your job," per FORTUNE
#news #finance #economics #stocks #options
Healey appoints Labour manifesto writer, fuelling election speculation
https://www.theguardian.com/politics/2026/sep/25/labour-appoints-manifesto-writer-ravinder-athwal-treasury
#Politics #UKNews #Economics
Boosted by @gvenema@fairmove.net
As Jason Hickel argues:
'the tendency to equate capitalism with "markets and trade" naturalizes a system that is not natural, and prevents us from having a clear-eyed view of how it operates & how we might want to do things differently'...
he then offers a vg three part definition of capitalism:
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Capitalism is built on enclosure & the construction of scarcity;
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it requires perpetual expansion (growth);
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economics decisions cannot be democratic.
#capitalism #economics h/t LinkedIn

