r/economy • • 1d ago

"I don't give a damn, I'm going to say it, I'm making a freaking fortune": Donald Trump brags at a rally that US energy companies are making hundreds of billions off high oil prices while citizens suffer at the pump.

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387 Upvotes

r/economy • • 1d ago

Trump merchandise stores are shutting down across the country. ‘He has peaked’

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independent.co.uk
142 Upvotes

r/economy • • 1h ago

Surveillance pricing is getting real (my video)

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• Upvotes

Hey, yeah this one's mine. Quick version if you don't wanna click:

  • 400+ people shopped the same Instacart cart at the same time and almost 3 in 4 items had more than one price (Consumer Reports, Groundwork Collaborative, More Perfect Union). Instacart says it was random and stopped the tests
  • pricing companies literally sell "willingness to pay" tools to retailers and airlines
  • New York now makes companies label it, and the retail industry sued to stop the label

Honest question for this sub: is this just old school price discrimination with better data, or is it a different thing when it's YOUR data? 🤔

Sources if you want them: https://www.consumerreports.org/money/questionable-business-practices/instacart-ai-pricing-experiment-inflating-grocery-bills-a1142182490/ · https://www.ftc.gov/news-events/news/press-releases/2025/01/ftc-surveillance-pricing-study-indicates-wide-range-personal-data-used-set-individualized-consumer


r/economy • • 18h ago

Wall Street Is Getting Very Nervous About AI | If you want to know whether artificial intelligence is a gigantic economic bubble, don’t just take pundits’ word for it. Major investors are now moving their money to try to protect themselves from the AI bubble popping.

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20 Upvotes

r/economy • • 9h ago

A Public Option for … Groceries?

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theatlantic.com
4 Upvotes

r/economy • • 7h ago

Is it certain the economy will improve?

1 Upvotes

I keep hearing people say the economy will eventually cycle around. Prices are bad now but at a certain point things will go down. They point to historical examples of ups and downs. "The economy always goes up and down.."

But what if it doesn't come back up?

What if the wealthy account for enough spending that businesses literally don't need to make their products affordable for the "working class" anymore?

I feel like people act like life is a coloring book. And we just need to stay inside the lines and everything will be okay. But I fear that's not the case I fear we are in uncharted territory with our technology and the reach and power that the ultra wealthy have. I don't know how applicable past examples of ups and downs are to the modern day economy. I'm hoping someone can enlighten me. Do old examples of economic ups and downs still apply in 2026?


r/economy • • 1d ago

470,000 Americans filed for bankruptcy in 9 months

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90 Upvotes

r/economy • • 4h ago

China’s $1.6B greenfield investments in Eurasia: What does shift signal for European trade corridors?

1 Upvotes

Recent foreign investment tracking highlights a significant uptick in Chinese greenfield commitments across Eurasian transit infrastructure—totaling roughly $1.6 billion in new builds and logistical hubs.

Given the ongoing shifts in EU-China trade relations and supply chain diversification, how does this growing Eurasian footprint impact European freight corridors and peripheral trade security? Is the EU positioned to offer competitive infrastructure alternatives in the region, or are Eurasian routes increasingly leaning east?

Data breakdown and primary source links referenced viaTradeTrend Analysis.


r/economy • • 12h ago

Fed sends warning to American homeowners, cardholders

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4 Upvotes

r/economy • • 9h ago

U.S. factory PMI hits a four-year high—and price pressures are heating up too.

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2 Upvotes

r/economy • • 5h ago

What are the top 3 reasons why New Orleans, Louisiana is in unique need of legal aid for housing disputes compared to other U.S. cities?

0 Upvotes

Any responses are appreciated.


r/economy • • 23h ago

Thousands of years before Bitcoin, an isolated Pacific island invented the world's first decentralized distributed ledger using 4-ton stones

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24 Upvotes

r/economy • • 15h ago

'Having money is not enough': Why a job no longer guarantees access to housing in Spain

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euronews.com
5 Upvotes

r/economy • • 1d ago

TRUMP on HIGH GAS PRICES: We’re making money like we’ve never made before. They’ll say: President Trump is bragging about all the money they're making while people are suffering at the pump. I don’t give a damn. We’re making a freaking fortune.

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1.2k Upvotes

r/economy • • 1d ago

US inequality is getting worse in ways you might not expect

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theconversation.com
83 Upvotes

r/economy • • 3h ago

Comcast moved their payment due date one day earlier. Is this anything but a ploy to take more money?

0 Upvotes

r/economy • • 8h ago

Anthropic begins countdown to IPO with prospectus filing / Financial Times

1 Upvotes

Financial Times:

Anthropic’s founders said AI could “raise productivity across every sector of the economy”. But they also warned its models “have become better able to circumvent” systems designed to make sure they act as intended, and have been found to “manipulate or subvert” monitoring...

... Anthropic said it would issue five different classes of shares, including Class T shares that would give its Long-Term Benefit Trust the right to appoint the majority of its board and Class F stock that would hand its seven founders 50.1 per cent of the voting power.

My Opinion: Anthropic is a risky bet for long term investors. With the public turning against AI and data centers, while business and consumer demand for AI services is growing.

As with many of the tech companies, they are not democratic. Because the control of the company will remain with the founders, and not the other shareholders. So they will be insulated from the demands of the public, to a certain degree. But they will still have to work on the narrative of how AI and data centers benefits the economy and society.

Reference: Anthropic begins countdown to IPO with prospectus filing / Financial Times


r/economy • • 1d ago

TRUMP on HIGH GAS PRICES: We’re making money like we’ve never made before. They’ll say: President Trump is bragging about all the money they're making while people are suffering at the pump. I don’t give a damn. We’re making a freaking fortune.

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85 Upvotes

r/economy • • 9h ago

Anthropic files for listing on US stock market with valuation of more than $1.5tn

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theguardian.com
1 Upvotes

r/economy • • 22h ago

Life Feeling Too Expensive? It’s Not Just You. And It’s Not Just Inflation. Affordability is expected to be a major issue for younger voters in the midterms. Here’s a snapshot of some reasons people are feeling pinched.

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nytimes.com
11 Upvotes

r/economy • • 1d ago

‘Real consequences’: AT&T, Verizon and T-Mobile warn FCC as Elon Musk plots a SpaceX phone network for the US by 2028

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23 Upvotes

r/economy • • 10h ago

eMudhra apologises after weak security keys put eight digital certificate authorities at risk

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1 Upvotes

r/economy • • 10h ago

Fed to hit pause on rate hikes, but maybe not for long

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1 Upvotes

r/economy • • 11h ago

Young people’s household income in Europe: How does France compare?

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euronews.com
1 Upvotes

r/economy • • 11h ago

Mexico and Poland had identical GDP per capita in nominal terms in 1995. Now, Poland is 2x as high. In fact, Poland has even caught up with some of the oil rich Arab Gulf countries like Bahrain and Kuwait.

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1 Upvotes