Florida 'condo cliff' coming as owners deal with Surfside fallout

https://www.cnbc.com/2024/12/09/florida-condo-cliff-surfside-collapse-fallout.html 

University of Utah video game program fuels $2 billion industry

https://www.cnbc.com/2024/12/09/university-of-utah-video-game-program.html

Airline stocks could keep running if capacity control, Jim Cramer says

https://www.cnbc.com/2024/12/09/airline-stocks-could-keep-running-if-capacity-control-jim-cramer-says.html

CNBC: Another activist takes aim at Macy’s, seeking spending cuts and real estate restructuring

 CNBC: Another activist takes aim at Macy’s, seeking spending cuts and real estate restructuring https://www.cnbc.com/2024/12/09/macys-activists-cost-cuts-real-estate.html

Google CEO Sundar Pichai: AI development is finally slowing down

https://www.cnbc.com/2024/12/08/google-ceo-sundar-pichai-ai-development-is-finally-slowing-down.html

China CPI growth drops to a five-month low, missing expectations

https://www.cnbc.com/2024/12/09/china-consumer-prices-climb-less-than-expected-as-economy-slows-amid-trade-war-worries.html

10 U.S. cities where incomes grew the fastest between 2022 and 2023

https://www.cnbc.com/2024/12/04/us-cities-where-incomes-grew-the-most.html

Freshmen college enrollment falls; FAFSA failures to blame, experts say

https://www.cnbc.com/2024/12/04/freshmen-college-enrollment-falls-fafsa-failures-to-blame-experts-say.html

American Airlines picks Citi as sole credit card partner, drops Barclays

https://www.cnbc.com/2024/12/05/american-inks-new-credit-card-deal-with-citi-dropping-barclays-as-second-partner.html

Brain rot was word of the year, dynamic pricing was also a contender

https://www.cnbc.com/2024/12/04/brain-rot-was-word-of-the-year-dynamic-pricing-was-also-a-contender.html

AI and semiconductors: China hits out at latest US effort to block Beijing’s access to chip technology | CNN Business

https://www.cnn.com/2024/12/02/tech/china-us-chips-new-restrictions-intl-hnk/index.html

Airbnb CEO says the best bosses pick favorites: If you can’t spot them, ‘that’s not good leadership’

https://www.cnbc.com/2024/12/02/airbnb-ceo-brian-chesky-good-bosses-do-pick-favorite-employees.html

Drone pilots are in high demand — but what is the job really like?

https://www.cnbc.com/video/2024/11/29/drone-pilots-are-in-high-demand-but-what-is-the-job-really-like.html

Elon Musk asks court to block OpenAI from converting to a for-profit

https://www.cnbc.com/2024/11/30/elon-musk-asks-court-to-block-openai-from-converting-to-a-for-profit.html

For big-box retail, one of longest-running experiments is shrinking

https://www.cnbc.com/2024/11/30/for-big-box-retail-one-of-longest-running-experiments-is-shrinking.html

CNBC's Inside India newsletter: The causes and costs of India's brain drain

https://www.cnbc.com/2024/11/28/cnbcs-inside-india-newsletter-the-causes-and-costs-of-indias-brain-drain.html 

Russia tries to stem panic over plummeting ruble, central bank steps in

https://www.cnbc.com/2024/11/28/russia-tries-to-stem-panic-over-plummeting-ruble-central-bank-steps-in.html 

5 influencer marketing trends and ways to take action

https://www.cnbc.com/advertorial/2024/09/19/5-influencer-marketing-trends-and-ways-to-take-action-.html 

CNBC: Senate report slams airlines for raking in billions in seat fees

CNBC: Senate report slams airlines for raking in billions in seat fees PUBLISHED TUE, NOV 26 20249:01 AM ESTUPDATED TUE, NOV 26 2024 11:46 AM EST  

https://www.cnbc.com/2024/11/26/senate-report-slams-airlines-for-raking-in-billions-in-seat-fees.html

51-year-old earns over $70,000 in one of the most in-demand jobs, without a degree

https://www.cnbc.com/2024/11/19/51-year-old-earns-over-70000-in-one-of-the-most-in-demand-jobs-without-a-degree.html 

SpaceX COO shares 3 visions for the company's future

https://www.cnbc.com/2024/11/22/spacex-coo-gwynne-shotwell-shares-vision-for-companys-future.html 

Data centers powering AI could use more electricity than entire cities

https://www.cnbc.com/2024/11/23/data-centers-powering-ai-could-use-more-electricity-than-entire-cities.html 

Why X new terms of service driving some users to leave Elon Musk platform

https://www.cnbc.com/2024/11/22/why-x-new-terms-of-service-driving-some-users-to-leave-elon-musk-platform.html 

Synapse bankruptcy: Thousands of Americans see their savings vanish

https://www.cnbc.com/2024/11/22/synapse-bankruptcy-thousands-of-americans-see-their-savings-vanish.html 

CNBC: Thanksgiving grocery prices might be high. But road trip costs shouldn’t be

 CNBC: Thanksgiving grocery prices might be high. But road trip costs shouldn’t be  https://www.cnn.com/2024/11/22/travel/thanksgiving-travel-forecast-united-states/index.html

CNBC: DirecTV cancels agreement to merge with Dish

CNBC: DirecTV cancels agreement to merge with Dish  https://www.cnn.com/2024/11/22/business/directv-dish-merger-canceled-intl/index.html

CNBC: McDonald’s is giving its menu the biggest shakeup in years

 McDonald’s is giving its menu the biggest shakeup in years  https://www.cnn.com/2024/11/22/food/mcdonalds-new-value-menu/index.html

CNBC: Why the U.S. is growing less food

 Why the U.S. is growing less food 

https://www.cnbc.com/2024/11/22/why-the-us-is-growing-less-food.html

CNBC: Apple and Google could face a competition probe over their huge mobile ecosystems in the UK

 Apple and Google could face a competition probe over their huge mobile ecosystems in the UK  https://www.cnbc.com/2024/11/22/apple-and-google-could-face-uk-competition-probe-over-app-store-rules.html

Target's shipping data tells real story behind massive earnings miss

https://www.cnbc.com/2024/11/21/target-big-earnings-miss-consumer-demand-decline.html 

Trump and Fed Chair Powell could be set on a collision course over rates

https://www.cnbc.com/2024/11/21/trump-and-fed-chair-powell-could-be-set-on-a-collision-course-over-rates.html 

Bluesky CEO Jay Graber says X rival is 'billionaire proof'

https://www.cnbc.com/2024/11/21/bluesky-ceo-jay-graber-says-x-rival-is-billionaire-proof.html 

The Department of Justice asks court to force Google to spin off Chrome | CNN Business

https://www.cnn.com/2024/11/20/business/google-sell-chrome-justice-department/index.html 

Walmart hits new highs and Target dives after earnings as rivals diverge even more

https://www.cnbc.com/2024/11/20/walmart-wmt-and-target-tgt-earnings-show-mixed-performance.html 

Comcast’s cable network spinoff may be a signal to the media industry for necessary change

https://www.cnbc.com/2024/11/20/comcast-cable-networks-spinoff-emphasizes-need-for-change-in-media.html 

CNBC: Walmart hikes its outlook again as shoppers spend more outside the grocery aisles

Walmart hikes its outlook again as shoppers spend more outside the grocery aisles https://www.cnbc.com/2024/11/19/walmart-wmt-q3-2025-earnings.html

CNBC: Budget travel icon Spirit Airlines files for bankruptcy protection after mounting losses

 Budget travel icon Spirit Airlines files for bankruptcy protection after mounting losses Published Mon, Nov 18 20245:07 AM ESTUpdated 4 Min Ago 

https://www.cnbc.com/2024/11/18/spirit-airlines-files-bankruptcy-protection.html

Disney parks profits hit records — even before big expansions

https://www.cnbc.com/2024/11/15/disney-parks-profit-expansions.html 

Paul, Tyson fight breaks record for biggest non-Vegas boxing gate

https://www.cnbc.com/2024/11/15/jake-paul-mike-tyson-fight-record-boxing-gate.html 

Amazon launches fixed pricing to treat hair loss, erectile dysfunction

https://www.cnbc.com/2024/11/14/amazon-launches-fixed-pricing-to-treat-hair-loss-erectile-dysfunction.html 

39-year-old makes $18,000 a month in passive income: My best advice

https://www.cnbc.com/2024/11/14/39-year-old-makes-18000-dollars-a-month-in-passive-income-my-best-advice.html 

Trump's transition team aims to kill Biden EV tax credit: Reuters

https://www.cnbc.com/2024/11/14/trumps-transition-team-aims-to-kill-biden-ev-tax-credit-reuters.html 

Here's the deflation breakdown for October 2024 — in one chart

https://www.cnbc.com/2024/11/14/heres-the-deflation-breakdown-for-october-2024-in-one-chart.html 

Port automation fight leads to breakdown in talks to avoid new strike

https://www.cnbc.com/2024/11/13/port-automation-fight-breakdown-talks-new-strike.html 

CNBC: Annual inflation rate hit 2.6% in October, meeting expectations

 CNBC: Annual inflation rate hit 2.6% in October, meeting expectations   https://www.cnbc.com/2024/11/13/cpi-inflation-october-2024.html

Here’s the inflation breakdown for October 2024 — in one chart  https://www.cnbc.com/2024/11/13/heres-the-inflation-breakdown-for-october-2024-in-one-chart.html

CNN : Trump wants to shut down the Department of Education. Here’s what that could mean

Trump wants to shut down the Department of Education. Here’s what that could mean 

https://www.cnn.com/2024/09/20/politics/department-of-education-shut-down-trump/index.html

New accreditation proposal:

Agenda47: Protecting Students from the Radical Left and Marxist Maniacs Infecting Educational Institutions  

https://www.donaldjtrump.com/agenda47/agenda47-protecting-students-from-the-radical-left-and-marxist-maniacs

CNBC: GM’s Wall Street vindication is happening as it outperforms its peers in 2024

https://www.cnbc.com/2024/11/11/gm-wall-street-outperform-tesla-ford-stellantis.html

What Trump's presidency could mean for the housing market in the U.S.

https://www.cnbc.com/2024/11/11/what-trumps-presidency-could-mean-for-the-housing-market-in-the-us.html 

CNBC: Trump tariff threat looms large on several Asian countries — not just China — says Goldman Sachs

 https://www.cnbc.com/2024/11/11/trump-tariff-threat-looms-large-on-many-asian-countries-not-just-china.html

CNBC: Trump's Mass Deportation Plan

 https://www.cnbc.com/2024/11/10/trumps-mass-deportation-plan-immigrant-workers-and-economy.html

How ChatGPT Brought Down an Online Education Giant - WSJ

https://www.wsj.com/tech/ai/how-chatgpt-brought-down-an-online-education-giant-200b4ff2 

Musk endorses Trump intervening on Federal Reserve after election win

https://www.cnbc.com/2024/11/09/elon-musk-endorses-trump-intervene-federal-reserve.html 

NYT 2016: Would a Trump Presidency Mean Economic Disaster? Let’s Take a Look

 Would a Trump Presidency Mean Economic Disaster? Let’s Take a Look

https://www.nytimes.com/2016/06/22/upshot/would-a-trump-presidency-mean-economic-disaster-lets-take-a-look.html

Economists savage Trump’s economic agenda  

https://www.politico.com/story/2016/01/trump-economy-217496

NAFTA is officially gone. Here’s what has and hasn’t changed  

https://www.cnn.com/2020/07/01/politics/usmca-nafta-replacement-trump/index.html

CNBC: The Federal Reserve as we know it could soon be turned on its head

 CNBC: The Federal Reserve as we know it could soon be turned on its headAnalysis by Elisabeth Buchwald, CNN3 minute readPublished 6:33 PM EST, Wed November 6, 2024 https://www.cnn.com/2024/11/06/economy/fed-rates-economy-trump-powell/index.html

CNBC: Election

 Gender? Economy? Experts weigh in on which factor is most likely to flip the presidential race  https://www.cnbc.com/2024/11/05/gender-economy-experts-weigh-in-what-could-flip-the-presidential-race.html

CNBC: Consumer confidence surges as election nears, while job openings move lower

CNBC

• Published Tue, Oct 29 202410:34 AM EDTUpdated Tue, Oct 29 20243:34 PM EDT Consumer confidence surges as election nears, while job openings move lower: https://www.cnbc.com/2024/10/29/consumer-confidence-surges-as-election-nears-job-openings-move-lower.html
• Published Tue, Sep 24 202410:06 AM EDTUpdated Tue, Sep 24 202412:28 PM EDT September consumer confidence falls the most in three years https://www.cnbc.com/2024/09/24/september-consumer-confidence-falls-the-most-in-three-years.html

Economy: https://www.cnbc.com/economy/

Conference Board’s consumer confidence index https://www.conference-board.org/topics/consumer-confidence

United States Consumer Confidence Current Conditions  https://tradingeconomics.com/united-states/consumer-confidence-current-conditions

===========

Fox Business

Search: consumer confidence foxbusiness

• Published October 02, 202407:57CLIPJohn Carney: We are setting up for a jump in consumer sentiment'Kudlow' panelists John Carney and EJ Antoni analyze the tax environment and the impact of the dockworker strike. https://www.foxbusiness.com/video/6362775757112
• Published September 24, 2024 12:22pm EDTConsumer confidence falls, showing largest decline in 3 yearsHeightened concerns about the labor market drive consumer confidence lower https://www.foxbusiness.com/economy/consumer-confidence-falls-largest-decline-3-years
• Published August 28, 2024 5:24am EDTConsumer confidence reaches six-month high, but labor market worries rise https://www.foxbusiness.com/economy/consumer-confidence-reaches-six-month-high-labor-market-worries-rise

Consumer link: https://www.foxbusiness.com/category/fox-news-consumer

Economy link: https://www.foxbusiness.com/economy

CNBC: GDP and Jobs

U.S. economy grew at a 2.8% pace in the third quarter, less than expected  https://www.cnbc.com/2024/10/30/us-gdp-q3-2024.html

Private job creation totaled a stunning 233,000 in October, far more than expected, ADP says  https://www.cnbc.com/2024/10/30/private-job-creation-totaled-a-stunning-233000-in-october-far-more-than-expected-adp-says.html

United States Michigan Consumer Sentiment  

https://tradingeconomics.com/united-states/consumer-confidence

United States Wages and Salaries Growth  

https://tradingeconomics.com/united-states/wage-growth

... compare to inflation rate

CNBC: Spirit Airlines stock jumps 15% after struggling budget carrier said it will sell planes, cut jobs

 CNBC: Spirit Airlines stock jumps 15% after struggling budget carrier said it will sell planes, cut jobs

https://www.cnbc.com/2024/10/25/spirit-airlines-stock-sell-planes-cut-jobs.html

https://www.cnbc.com/airlines/

CNBC: Biden: Trump ally Elon Musk was 'illegal worker' when he began U.S. career

https://www.cnbc.com/2024/10/26/biden-elon-musk-illegal-worker-began-career.html 

Elon Musk claims student visa permitted him to work in U.S.  https://www.washingtonpost.com/business/2024/10/27/elon-musk-immigration/

Biden calls out Musk over a published report that the Tesla CEO once worked in the US illegally  https://apnews.com/article/biden-elon-musk-student-visa-work-fbd836b3de358148cda16c273ff904c4

Google News stories:

https://news.google.com/stories/CAAqNggKIjBDQklTSGpvSmMzUnZjbmt0TXpZd1NoRUtEd2lQNE1mUERCR1dmY29yM01GLUJpZ0FQAQ?hl=en-US&gl=US&ceid=US%3Aen&so=1

Elon musk Twitter/X reply:

I was in fact allowed to work in the US.The Biden puppet is lying.

https://x.com/elonmusk/status/1850397222183022624

From personal experience:

• Is it possible? Yes, I had short period of time working on construction site to pay for application fee to the graduate programs.
• Do you know a single person who did that and is currently a US citizen? Yes, I can confirm myself and I know at least few other of my colleagues.

Elon Musk  https://en.wikipedia.org/wiki/Elon_Musk

==========

A Record Number Of Immigrants Have Become Billionaires In The U.S.  https://www.forbes.com/sites/mattdurot/2022/04/18/a-record-elon-musk-eric-yuan-peter-thiel-number-of-immigrants-have-become-billionaires-in-the-us/

From Sergey Brin to Elon Musk: Meet The 43 Immigrants On The Forbes 400  https://www.forbes.com/sites/denizcam/2018/10/04/forbes-400-immigrants-sergey-brin-elon-musk-george-soros/

Boeing (BA) 3Q 2024 earnings

https://www.cnbc.com/2024/10/23/boeing-ba-3q-2024-earnings.html 

CNBC: Trump tax plans could exempt 93 million Americans from income taxesTrump tax plans could exempt 93 million Americans from income taxes

CNBC: Trump tax plans could exempt 93 million Americans from income taxesTrump tax plans could exempt 93 million Americans from income taxes

https://www.cnbc.com/2024/10/21/trump-income-tax-plans-exempt-93-million-americans-harris-election.html

Why inflation may look like it's easing but is still a huge problem

https://www.cnbc.com/2024/10/19/why-inflation-may-look-like-its-easing-but-is-still-a-huge-problem.html 

CNBC: World News Nobel economics prize for 2024 awarded to Daron Acemoglu, Simon Johnson and James Robinson

 CNBC: World News Nobel economics prize for 2024 awarded to Daron Acemoglu, Simon Johnson and James Robinson Published Mon, Oct 14 20245:56 AM 

https://www.cnbc.com/2024/10/14/nobel-economics-prize-given-to-us-based-economists-for-work-on-prosperity.html

'The academics have helped show why societies with “poor rule of law and institutions that exploit the population do not generate growth or change for the better,” the Nobel committee said, demonstrating the “importance of societal institutions for a country’s prosperity.”'

"The laureates have helped explain how the political and economic systems introduced by colonizing countries from the 16th century onward play a key part in this disparity — and that places that were the richest at the time of colonization in relative terms are now among the poorest, the committee said."

======

They provided an explanation for why some countries are rich and others poor

https://www.nobelprize.org/uploads/2024/10/popular-economicsciencesprize2024.pdf

======

https://www.amazon.com/Why-Nations-Fail-Origins-Prosperity/dp/0307719227

"Daron Acemoglu and James Robinson conclusively show that it is man-made political and economic institutions that underlie economic success (or lack of it). Korea, to take just one of their fascinating examples, is a remarkably homogeneous nation, yet the people of North Korea are among the poorest on earth while their brothers and sisters in South Korea are among the richest. The south forged a society that created incentives, rewarded innovation, and allowed everyone to participate in economic opportunities."

"The economic success thus spurred was sustained because the government became accountable and responsive to citizens and the great mass of people. Sadly, the people of the north have endured decades of famine, political repression, and very different economic institutions—with no end in sight. The differences between the Koreas is due to the politics that created these completely different institutional trajectories."

CNBC: Wholesale prices were flat in September, below expectations

 CNBC: Wholesale prices were flat in September, below expectations PUBLISHED FRI, OCT 11 20248:33 AM EDTUPDATED 1 MIN AGO  

https://www.cnbc.com/2024/10/11/producer-price-index-september-2024-.html

CNBC: ‘Catastrophic’ Hurricane Milton heads to Florida Gulf Coast

 CNBC: ‘Catastrophic’ Hurricane Milton heads to Florida Gulf Coast  https://www.cnbc.com/2024/10/09/hurricane-milton-closes-in-on-florida.html

CNBC: DOJ indicates it’s considering Google breakup following monopoly ruling

CNBC: DOJ indicates it’s considering Google breakup following monopoly ruling: https://www.cnbc.com/2024/10/08/doj-indicates-its-considering-google-breakup-following-monopoly-ruling.html

"The DOJ said it was “considering behavioral and structural remedies that would prevent Google from using products such as Chrome, Play, and Android to advantage Google search.”"

"The recommendations come after a U.S. judge in August ruled that Google holds a monopoly in the search market."

CBS News: Vice presidential debate

 Read the full VP debate transcript from the Walz-Vance showdown https://www.cbsnews.com/news/full-vp-debate-transcript-walz-vance-2024/

  Question: Senator, I want to give you a moment to respond on that. But similarly, the Wharton School has done an analysis of the Trump plan and says it would increase the nation's deficit by 5.8 trillion. My question is the same for you. How do you pay for all that without ballooning the deficit? I'll give you two minutes.

Answer: 

..... Now, Donald Trump's economic plan is not just a plan, but it's also a record. A lot of those same economists attack Donald Trump's plans, and they have PhDs, but they don't have common sense and they don't have wisdom, because Donald Trump's economic policies delivered the highest take home pay in a generation in this country, 1.5% inflation, and to boot, peace and security all over the world. ....

.... Governor, you say trust the experts, but those same experts for 40 years said that if we shipped our manufacturing base off to China, we'd get cheaper goods. They lied about that. They said if we shipped our industrial base off to other countries, to Mexico and elsewhere, it would make the middle class stronger. They were wrong about that. They were wrong about the idea that if we made America less self-reliant, less productive in our own Nation, that it would somehow make us better off. And they were wrong about it. ....

....   This has to stop. And we're not going to stop it by listening to experts. We're going to stop it by listening to common sense wisdom, which is what Donald Trump governed on. ....

..... JDV: So, appreciate that. So if you notice, what Governor Walz just did is he said, "First of all, Donald Trump has to listen to the experts." And then when he acknowledged that the experts screwed up, he said, well, "Donald Trump didn't do nearly as good of a job as the statistics show that he did."  ....

.... To all of you watching, we can get back to an America that's affordable again. We just got to get back to common sense, economic principles. 

=========

NBC News: 

What economists say about JD Vance's claim that immigrants drive up housing costs https://www.nbcnews.com/business/real-estate/jd-vance-said-immigration-driving-housing-crisis-numbers-say-rcna173595

Economic impact of Hurricanes

Economic impact of hurricanes on your business Hurricanes can have a damaging economic impact on businesses, including physical damage, supply chain disruptions, and lost revenue. Learn how to better prepare.

https://www.accuweather.com/en/blogs-webinars/understanding-hurricanes-economic-impact-on-your-business/1678006

========

 The Economic Impact of Hurricane Katrina on Its Victims: Evidence from Individual Tax Returns Tatyana Deryugina Laura Kawano Steven Levitt AMERICAN ECONOMIC JOURNAL: APPLIED ECONOMICS VOL. 10, NO. 2, APRIL 2018 (pp. 202–33)

https://www.aeaweb.org/articles?id=10.1257/app.20160307

Abstract Hurricane Katrina destroyed over 200,000 homes and led to massive economic and physical dislocation. Using a panel of tax return data, we provide one of the first comprehensive analyses of the hurricane's long-term economic impact on its victims. Hurricane Katrina had large and persistent impacts on where people live, but small and surprisingly transitory effects on employment and income. Within just a few years, Katrina victims' incomes actually surpass that of controls from similar unaffected cities. The strong economic performance of Hurricane Katrina victims is particularly remarkable given that the hurricane struck with essentially no warning.

=========

The Local Economic Impact of Natural Disasters1 Roth Tran, Brigitte and Wilson, Daniel J. 2 August 2024 Abstract We use nearly four decades of U.S. county data to study dynamic local economic impacts of natural disasters that trigger federal aid. We find these disasters on average raise personal income per capita in the longer run (8 years out). We also find that, in the longer run, wages and home prices are higher, while employment and population are unaffected, suggesting the income boost may reflect productivity increases and greater demand for housing in supply-constrained areas or compositional shifts. Allowing for heterogeneity across disaster types, we find the longer-run income boost is driven primarily by hurricanes and tornadoes. We also find the longer-run boost increases with damages, suggestive of an important role for insurance and government aid—which are highly correlated with damages—in fueling recovery. A spatial spillover analysis suggests the longer-run net effects of local aid-inducing disasters for wider regions are near-zero.

https://www.frbsf.org/wp-content/uploads/wp2020-34.pdf

BEA: Gross Domestic Product, Second Quarter 2024 (Advance Estimate)

 BEA: Gross Domestic Product, Second Quarter 2024 (Advance Estimate)

https://www.bea.gov/news/2024/gross-domestic-product-second-quarter-2024-advance-estimate

McDonald’s touchscreen kiosks were feared as job killers. Instead, something surprising happened | CNN Business

https://www.cnn.com/2024/09/20/business/self-service-kiosks-mcdonalds-shake-shack/index.html 

Historical Inflation and Unemployment

Historical U.S. Unemployment Rate by Year 

https://www.investopedia.com/historical-us-unemployment-rate-by-year-7495494

U.S. National Unemployment Rate  

https://www.macrotrends.net/1316/us-national-unemployment-rate

Unemployment in the United States   https://en.wikipedia.org/wiki/Unemployment_in_the_United_States 

Chart: https://en.wikipedia.org/wiki/Unemployment_in_the_United_States#/media/File:United_States_unemployment_with_incarceration_1892-2016.png

Will Robots Automate Your Job Away? Full Employment, Basic Income, and Economic Democracy  https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3044448

see page 10

============

U.S. Inflation Rate by President: From Eisenhower to Biden   https://www.investopedia.com/us-inflation-rate-by-president-8546447 

Unpacking the Causes of Pandemic-Era Inflation in the US  https://www.nber.org/digest/20239/unpacking-causes-pandemic-era-inflation-us

What caused the U.S. pandemic-era inflation? Ben S. Bernanke and Olivier Blanchard June 13, 2023  

https://www.brookings.edu/articles/what-caused-the-u-s-pandemic-era-inflation/

"Fiscal policy contributed to the inflation, but primarily through its effects on consumer demand for commodities and goods in limited supply rather than through the labor market." 

"Bringing inflation down to the Fed’s 2% target will require bringing the demand and supply of labor into better balance, with the ratio of job openings to unemployed workers closer to pre-pandemic levels."

Historical Inflation Rates: 1914-2024  

https://www.usinflationcalculator.com/inflation/historical-inflation-rates/

https://www.usinflationcalculator.com/

• 5.6%: 2017-2020
• 16.2%: 2021-2024 (as of 20240917)

==========

Tracking Trumponomics in seven charts  

https://fingfx.thomsonreuters.com/gfx/rngs/USA-ECONOMY-TRUMP/01008133219/index.html

Tariff Tracker: Tracking the Economic Impact of the Trump-Biden Tariffs June 26, 202419 min read By: Erica York   

https://taxfoundation.org/research/all/federal/trump-tariffs-biden-tariffs/

== INFLATION VS WAGE GROWTH ==========

Difference between the inflation rate and growth of wages in the United States from August 2020 to August 2024  https://www.statista.com/statistics/1351276/wage-growth-vs-inflation-us/

United States Inflation Rate (tradingeconomics.com)

CNBC: Here's the deflation breakdown for August 2024 — in one chart

Here's the deflation breakdown for August 2024 — in one chart
https://www.cnbc.com/2024/09/12/cpi-deflation-august-2024.html

ABC News: Presidential Debate Transcript

 READ: Harris-Trump presidential debate transcript https://abcnews.go.com/Politics/harris-trump-presidential-debate-transcript/story?id=113560542

TradingEconomics: Inflation news

United States Core Inflation Rate MoM https://tradingeconomics.com/united-states/core-inflation-rate-mom

 

Biden vs Trump Economy

ABC News: Biden's vs. Trump's economy comparison  https://www.youtube.com/watch?v=diM0ROfBpT0

Washington Post Opinion  Trump’s economy vs. Biden’s — in 17 charts Biden has delivered an impressive recovery, but many voters remember lower prices under Trump.   https://www.washingtonpost.com/opinions/2024/07/18/trump-biden-economy-charts-compare/ 

Bankrate: Biden versus Trump’s economy: How the 2024 presidential candidates stack up on inflation, jobs and more  https://www.bankrate.com/banking/federal-reserve/biden-versus-trump-economy/

The Rematch The Trump and Biden Economies by the Numbers  https://www.reuters.com/graphics/USA-ELECTION/TRUMP-BIDEN-ECON/lgvdoowmkpo/

OPINION: Trump's record far superior to Biden's on debt and inflationOnly a Ph.D. in economics at an Ivy League school would believe that Biden policies will bring inflation and interest rates DOWN https://www.foxnews.com/opinion/trumps-record-far-superior-bidens-debt-inflation

CNBC: August payrolls grew by a less-than-expected 142,000, but unemployment rate ticked down to 4.2%

CNBC: August payrolls grew by a less-than-expected 142,000, but unemployment rate ticked down to 4.2%  

https://www.cnbc.com/2024/09/06/jobs-report-august-2024.html

https://tradingeconomics.com/calendar

Here’s where the jobs are for August 2024 — in one chart    

https://www.cnbc.com/2024/09/06/heres-where-the-jobs-are-for-august-2024-in-one-chart.html 

NPR: Biden kept Trump's tariffs on Chinese imports. This is who pays the price

 NPR: Biden kept Trump's tariffs on Chinese imports. This is who pays the price

https://www.npr.org/2023/06/27/1184027892/china-tariffs-biden-trump

CNBC: Job openings fell more than expected in July in another sign of labor market softening

Job openings fell more than expected in July in another sign of labor market softening

https://www.cnbc.com/2024/09/04/jolts-july-2024.html

JOLTS July 2024:
https://www.cnbc.com/2024/09/04/jolts-july-2024.html

BBC: Is US economy better or worse now than under Trump?

 BBC: Is US economy better or worse now than under Trump?

https://www.bbc.com/news/articles/c8xl5vnlzpwo

CNBC: The Fed’s favorite inflation indicator increased 0.2% in July, as expected

The Fed’s favorite inflation indicator increased 0.2% in July, as expected  

https://www.cnbc.com/2024/08/30/pce-inflation-july-2024.html

=========

Difference between the inflation rate and growth of wages in the United States from April 2020 to April 2024  

https://www.statista.com/statistics/1351276/wage-growth-vs-inflation-us/

United States Wages and Salaries Growth  

https://tradingeconomics.com/united-states/wage-growth

(Normal / Inferior) CNBC: Increased sausage demand could be worrying signal on the economy

 CNBC: Increased sausage demand could be worrying signal on the economy

https://www.cnbc.com/2024/08/26/increased-sausage-demand-could-be-worrying-signal-on-the-economy.html

CNBC: Home prices hit record high in June on S&P Case-Shiller Index

 Home prices hit record high in June on S&P Case-Shiller Index

https://www.cnbc.com/2024/08/27/home-prices-hit-record-high-in-june-on-sp-case-shiller-index.html

https://youtu.be/ulve2KRz0ew?si=YtpPR1cRFIVOYbIn

CNBC: Trump budget would spike deficits by nearly 5 times Harris proposal, says Penn Wharton

https://www.cnbc.com/2024/08/27/trump-harris-budget-deficit-economy-election.html 

Trump budget would spike deficits by nearly 5 times Harris proposal, says Penn Wharton

Published Tue, Aug 27 20245:18 PM EDTUpdated 9 Min Ago

Rebecca Picciotto@beccpicc

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Key Points

• Republican Donald Trump’s economic proposals would increase federal deficits by almost five times more over the next decade than those of Democratic nominee Vice President Kamala Harris, per two reports by the Penn Wharton Budget Model.
• Harris has proposed raising corporate taxes to pay for her plan while Trump has put forward a hardline tariff policy on all imports, including higher rates for China.
• The Trump and Harris campaigns are in a race to paint the other side as an economic danger, each trying to win over voters fatigued by the higher cost of living.

CNBC: Nonfarm payroll growth revised down by 818,000, Labor Department says

 CNBC: Nonfarm payroll growth revised down by 818,000, Labor Department says

https://www.cnbc.com/2024/08/21/nonfarm-payroll-growth-revised-down-by-818000-labor-department-says.html