r/economy • u/yogthos • 1h ago
Anthropic just pulled the accounting trick used by companies during 2000 bubble by hiding $108 billion worth of expenses via convertible notes redeemable at IPO.
r/economy • u/news-10 • 1h ago
As SNAP cuts hit 273,000 New Yorkers, the state will keep school lunches free
r/economy • u/kgetman122 • 2h ago
Surveillance pricing is getting real (my video)
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 • u/ExcellentWinner7542 • 2h ago
Are we overtaxed? How UK rates compare to other countries
r/economy • u/lurker_bee • 2h ago
Skydance Moves To Five-Day In-Office Policy Across Company
r/economy • u/diacewrb • 3h ago
Reality Bites for Gen Xers doing retirement math: just 49% say they're on track, the worst of any generation
r/economy • u/fortune • 3h ago
‘Nobody prepared them’: The ultrawealthy worry wealth will dull their heirs’ ‘drive and desire’ and so some aren’t telling them how much there is
For the ultrawealthy, preparing children to inherit their fortunes is a long process that is much more than just transferring assets. The responsibility of managing their fortunes given to the younger generation has become a point of concern for the wealthiest families as they age—some are keeping the full amount from them.
According to a June study from Bank of America, 61% of ultra-high-net-worth respondents—defined as those with more than $25 million in investable assets by the study—said they were concerned about their children’s motivation. They are taking actions such as supporting their children’s business ventures (51%), adding provisions to trusts (41%) and not disclosing the full amount of family wealth to them (36%), the study found.
BofA also found that only about a third (36%) of those respondents say their heirs are “very prepared” for their inheritance.
“Leaving a legacy for my children while still instilling in them the drive and desire to work and be productive” was the largest challenge in wealth planning, according to a UHNW Boomer in the study.
But Matthew Saul, founder and CEO of wealth advisory firm Saul Wealth, told Fortune families that worry their children are unprepared for large fortunes often have not given them enough opportunities to learn.
Read more [paywall removed for Redditors]: https://fortune.com/2026/10/25/ultrawealthy-wealth-heirs-drive-desire-how-much/?utm_source=reddit/
r/economy • u/truthandfreedom3 • 3h ago
EVs can power grids and homes
The Guardian: The technology allows drivers to charge automatically when electricity is cheap overnight, and then sell some of it back to the grid at times of high demand.
If millions of cars have the ability to send power back – or power the driver’s home (V2H) – it could help to solve one of the big problems of the transition away from fossil fuels to renewables: how to balance the grid during still, cloudy or dark periods when wind and solar generation is lower than electricity demand.
My Opinion: This technology for EVs will benefit owners of EVs, as they can earn a margin on energy returned to the grid. And they can also power their homes, from EVs, when electricity is expensive. It would reduce the load on energy suppliers, when demand is high, and renewable supply is low. It is a win win situation. So vehicle to grid or home technology, should be implemented.
r/economy • u/yogthos • 4h ago
Anthropic logged net loss of over $80 billion in first half of 2026
reuters.comr/economy • u/jh937hfiu3hrhv9 • 4h ago
Comcast moved their payment due date one day earlier. Is this anything but a ploy to take more money?
r/economy • u/TradeTrendGlobal • 4h ago
China’s $1.6B greenfield investments in Eurasia: What does shift signal for European trade corridors?
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.
Silicon Valley courted Trump. Now it’s bracing for a reckoning from a Democratic Congress
r/economy • u/DryHost6020 • 6h 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?
Any responses are appreciated.
r/economy • u/fortune • 6h ago
42% of America's recent college grads are working jobs that don’t need a degree. From Kathmandu to Paris, young people are taking to the streets
America’s newest college graduates were sold the college premium. Four in 10 of them are working jobs that never needed the diploma.
About 42% of recent college graduates, ages 22 to 27, were underemployed in June, working jobs that typically don’t require a bachelor’s degree, according to the Federal Reserve Bank of New York’s tracker of the labor market for recent college graduates. That’s up from 41.8% in May but down from 42.4% in November 2025 and below the pandemic-era high of 43.4% in October 2020.
Unemployment is the other half of the problem. Recent grads’ jobless rate hit 5.7% in June, well above the 4.1% rate for all workers. That’s a reversal. From 1990, when the Fed’s data begins, through 2018, recent grads were more likely to be unemployed than the average worker in just eight months. They have been more likely every month since January 2021. The gap hit a record 1.8 percentage points in April 2025 and is still near it.
Read more [paywall removed for Redditors]: https://fortune.com/2026/10/26/gen-z-underemployment-riots-france-cockroach-india-rebellion/?utm_source=reddit/
r/economy • u/everythingistaken500 • 6h ago
Halloween candy prices jump, with some packs up nearly 40%
r/economy • u/theindependentonline • 6h ago
Gas prices under Trump eclipse highs of Biden era, federal data reveals
r/economy • u/Mountain_Lab_5817 • 7h ago
Trump promised manufacturing jobs would come back to America. They didn't and here's why.
Brands like YETI, ARIAT, Levi’s, Weber and even Ford aren’t actually Made in the USA despite their marketing. But should you care? Probably not as much as you think.
r/economy • u/PassageOverall8695 • 7h ago
"Land of the free" THE 'R' MUST BE SILENT
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r/economy • u/sonar_y_luz • 7h ago
Is it certain the economy will improve?
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 • u/nonubiz • 7h ago
"Elon Musk is a traitor to the West.": Scott Galloway warns Elon Musk faces bipartisan outrage and endless congressional subpoenas over his Starlink interventions in Ukraine and investors are not pricing that in for SpaceX or Tesla.
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r/economy • u/miyaka_kanzaki • 8h ago
The same Larry Fink that's now saying if we stop building surveillance centers it'll trigger a recession
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r/economy • u/scottonfire • 8h ago
Theories on why European countries are moving their gold out of NY and back home for the first time in decades??
Trying to make heads or tails of this. Is this something to do with BRICS or they anticipate an attack on NY, or maybe Europe's just broke and needs the money? Lots to think about.
r/economy • u/DumbMoneyMedia • 8h ago
Family health premiums hit $28,303 while workers’ share jumps 9%
r/economy • u/truthandfreedom3 • 8h ago
Anthropic begins countdown to IPO with prospectus filing / Financial Times
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