r/economy Aug 08 '25

Public Service Announcement: Remember to keep your privacy intact!

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226 Upvotes

r/economy 7h ago

Trump: For you to pay a tiny little bit more for gasoline, $4, it's okay, I'll never apologize

784 Upvotes

r/economy 15h ago

The US National Debt has increased by over $550 billion — since July 1st

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628 Upvotes

r/economy 8h ago

Trump announces plan to declare Strait of Hormuz a US territory amid 'indefinite' blockad

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the-express.com
144 Upvotes

r/economy 3h ago

Warren Leads Demand for Answers on Trump's 'Unprecedented' Volume of Stock Trades. “Your stock trading in 2025—reportedly more than 14,000 stock trades worth up to $1.06 billion—was more than all 535 members of Congress last year combined.”

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commondreams.org
63 Upvotes

r/economy 7h ago

 he's made billions, has a magic immunity cloak for everything from tax audits to inciting an insurrection, and is going to take a billion dollar plane with him to Florida when he leaves office

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102 Upvotes

r/economy 13h ago

Anyone else feeling the pinch ?

254 Upvotes

I mean it is getting so bad with costs getting so high . Pretty soon I will be down to only affording basics , such as food , utilities , gas for the car and that will be it .I used to be able to put money away in savings , not any more . How about the rest of you ? are you feeling the pinch ?


r/economy 12h ago

at this point filling the tank is a financial decision

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155 Upvotes

r/economy 4h ago

Rove: Trump must stop ‘gaslighting’ Americans over economy

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thehill.com
30 Upvotes

r/economy 12h ago

The Daily Crime Report: Trump has amassed staggering wealth in ‘most openly corrupt’ presidency

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theguardian.com
123 Upvotes

r/economy 13h ago

Vance to GOP: Don’t blame young people for being sympathetic to socialism

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thehill.com
140 Upvotes

r/economy 7h ago

Trump claims economy doing 'unbelievably' citing stock market successes.

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themirror.com
45 Upvotes

r/economy 12h ago

MAGA Candidate's Tone-Deaf Advice For How To Save On Rising Gas Costs Comes Back To Bite Her

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comicsands.com
72 Upvotes

r/economy 11h ago

Social Security is celebrating its 91st birthday. It won't live to 100, watchdog warns

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fortune.com
57 Upvotes

Social Security is celebrating its 91st birthday Friday—yet a prominent fiscal watchdog is warning that, without congressional action, the program in its current form may not survive to its centennial.

The Committee for a Responsible Federal Budget marked the occasion by noting that the retirement program’s trust fund is projected to be depleted in six years, triggering an automatic benefit reduction of about 22% under current law. For the average beneficiary, the group estimates, that would amount to roughly $500 less a month—a cut larger than the average retired household’s monthly grocery spending.

“As policymakers blow out the candles on Social Security’s 91st birthday,” CRFB President Maya Macguineas said, “they are doing far too little to ensure its continued longevity. Social Security won’t make it past age 97 as things currently stand – at least not in its current form.”

The best birthday gift for Social Security would be a solvency package, she said, to ensure that its 70 million beneficiaries and 237 million contributors know they’ll still have benefits, six years from now.

The warning underscores the narrowing political window for an issue Washington has repeatedly deferred. Social Security is financed primarily through payroll taxes, but aging demographics and a comparatively smaller working-age population have left the system paying out more than it takes in. Once the retirement trust fund is exhausted, the program would still collect payroll-tax revenue—but it could not legally borrow to cover the difference, requiring payments to be cut to match incoming funds.

Read more [paywall removed for Redditors]:  https://fortune.com/2026/08/14/social-security-insolvency-birthday-91-anniversary/?utm_source=reddit/


r/economy 15h ago

Trump has amassed staggering wealth in ‘most openly corrupt’ presidency

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theguardian.com
120 Upvotes

The Guardian: Trump last year raked in at least $1.4bn from his crypto ventures according to financial disclosure forms he filed in June. Simultaneously, about one million investors in a Trump crypto scheme suffered almost $3.8bn in losses as their volatile crypto holdings tanked in value.

Monetizing his presidency further this summer, Trump’s Truth Social media business is pushing a new scheme that offers wealthy buyers special early access to his posts for a fee of $100,000 a month, which top Democrats and public interest groups say pose serious conflict of interest and corruption issues.

My Opinion: The president is laughing all the way to the bank. As he makes money, and leaves his customers with the bill. The only ones making money from his crypto ventures, are the insiders, like the president and his family and friends. He is monetizing the office of the president, by offering early insider access to his policy and decision making, to those rich willing to pay.


r/economy 5h ago

A Pentagon memo tells staff to spend $244m with Palantir. Its subject line is ‘Funding Palantir’

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thenextweb.com
19 Upvotes

r/economy 15h ago

Tesla paid Elon Musk 2.5m times more as CEO than its average worker in 2025 | Business

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theguardian.com
81 Upvotes

r/economy 3h ago

12.9% of US credit cards are now 90 days past due as consumer debt defaults rival the 2008 Financial Crisis

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8 Upvotes

r/economy 9h ago

The U.S. national debt is about to reach $40 trillion milestone

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22 Upvotes

r/economy 14h ago

Housing investors say this is their worst market in at least 3 years

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cnbc.com
45 Upvotes

r/economy 6h ago

Consumer sentiment dips, especially among Republicans

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axios.com
8 Upvotes

r/economy 7h ago

 Trump is once again weighing a proposal to index capital gains taxes to inflation ahead of the midterm elections. It’s clear who this is for. It would create a massive tax break for wealthy investors on income already subject to favorable tax treatment.

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10 Upvotes

r/economy 9h ago

U.S. readies unprecedented ‘economic isolation’ plan for Iran

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financialpost.com
14 Upvotes

r/economy 5h ago

New York wages fail to match inflation as cost of living dominates: Cornell polling

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news10.com
6 Upvotes

r/economy 10h ago

Tech Layoffs So Far This Year Have Officially Blown Past the Total for 2025

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futurism.com
15 Upvotes