Debt interest outguns national defense. #econsky
Interest on the national debt topped $1 trillion this fiscal year.
That’s $87 billion more than we spent on defense.
That’s $87 billion more than we spent on defense.
October 26, 2026 at 9:20 PM
Debt interest outguns national defense. #econsky
October 28, 2026 at 7:04 PM
Data centers flood red states #econsky
Over 60% of data center capacity is being built in red states.
Excluding Virginia, the number is 92%.
Excluding Virginia, the number is 92%.
October 27, 2026 at 6:20 PM
Data centers flood red states #econsky
US Atlanta Fed GDPNow Q3: 3.41% (prev 3.50%)
www.atlantafed.org/research-and...
www.atlantafed.org/research-and...
October 27, 2026 at 5:47 PM
Employed an hour, still broke. #econsky
The unemployment rate doesn't tell us whether Americans are earning a living. It's doesn't count anyone who works more than 1 hour per week. https://newsletter.platypuseconomics.com/p/bigger-pie-smaller-slices
Bigger Pie, Smaller Slices
If the economy is growing, why are so many Americans falling behind?
newsletter.platypuseconomics.com
October 26, 2026 at 5:30 PM
Employed an hour, still broke. #econsky
Trump 'considers' unfreezing Kremlin cash. #econsky
NYT: Trump is exploring lifting sanctions on the Russia’s flagship government investment fund, one of the Kremlin’s most powerful tools of international influence, as part of an effort to “improve U.S.-Russia relations and help end the war.”
My take: If it says considers, it means it’s done.
My take: If it says considers, it means it’s done.
October 27, 2026 at 7:01 PM
Trump 'considers' unfreezing Kremlin cash. #econsky
Russia courting Trump; Kyiv alarmed. #econsky
Russia is pitching economic cooperation to Trump and his associates without first ending its war against Ukraine.
A US proposal to restore Russian energy supplies to Europe through Ukraine alarmed Kyiv because it resembled ideas promoted by Kremlin envoy Dmitriev.
www.kyivpost.com/post/88292
A US proposal to restore Russian energy supplies to Europe through Ukraine alarmed Kyiv because it resembled ideas promoted by Kremlin envoy Dmitriev.
www.kyivpost.com/post/88292
Kremlin Courts Trump’s Inner Circle With Deals Before Ending Its War
Energy, aviation, rare earths, and AI are featured in Moscow’s pitch as Ukrainian negotiators question proposals to restore Russian exports.
www.kyivpost.com
October 27, 2026 at 12:10 PM
Russia courting Trump; Kyiv alarmed. #econsky
Fed holds; two hawks squawk. #econsky
The Fed holds steady.
The decision is 10-2.
Lisa Cook and Beth Hammack voted for an increase.
"The accumulation of more information will help the committee determine the policy stance appropriate to ensure a timely return of inflation to the committee’s 2% goal."
The decision is 10-2.
Lisa Cook and Beth Hammack voted for an increase.
"The accumulation of more information will help the committee determine the policy stance appropriate to ensure a timely return of inflation to the committee’s 2% goal."
October 28, 2026 at 6:21 PM
Fed holds; two hawks squawk. #econsky
The wealthy have long torn down older houses, or those needing extensive renovation. But even new houses are now being purchased for nine-figure sums and then razed to make way for custom builds. 🔗 on.wsj.com/4z7HiuK
October 24, 2026 at 8:05 PM
Bank spurns Netanyahu's crypto workaround. #econsky
Israel central bank rejects Netanyahu’s plan to use crypto to evade sanctions ft.trib.al/0GV80J7
Israel central bank rejects Netanyahu’s plan to use crypto to evade sanctions
Critics say prime minister’s proposal would turn country into an economic pariah
ft.trib.al
October 24, 2026 at 7:41 PM
Bank spurns Netanyahu's crypto workaround. #econsky
Trump torches Biden methane regulations #econsky
Trump: "Tonight I'm officially terminating Biden's expensive and unnecessary methane regulations, to save consumers and energy producers $45 BILLION IN COSTS!"
October 28, 2026 at 1:10 AM
Trump torches Biden methane regulations #econsky
Eligibility squeeze, $800B cuts: uninsured. #econsky
New eligibility rules and $800 billion in federal cuts could strip coverage from hundreds of thousands
story via @glorihuh.bsky.social
story via @glorihuh.bsky.social
Arizona health workers raise the alarm on how GOP Medicaid cuts will crowd ERs and raise costs
Arizona Medicaid cuts: Providers warn new work requirements and cuts could strip coverage from thousands
azmirror.com
October 27, 2026 at 6:01 PM
Eligibility squeeze, $800B cuts: uninsured. #econsky
Triple red flags flashing risk. #econsky
WARREN PIES: “.. Three things I don't love about the current market set up:
1) Hyperscaler credit spreads have broken above their July (Leopold Liquidation) wides (chart below).
2) Index momentum has stalled and entered a consolidation.
3) Financials/Staples ratio falling apart.”
1) Hyperscaler credit spreads have broken above their July (Leopold Liquidation) wides (chart below).
2) Index momentum has stalled and entered a consolidation.
3) Financials/Staples ratio falling apart.”
October 27, 2026 at 3:01 PM
Triple red flags flashing risk. #econsky
Microsoft offers 60,000 golden goodbyes. #econsky
October 26, 2026 at 5:01 PM
Microsoft offers 60,000 golden goodbyes. #econsky
October 26, 2026 at 10:44 PM
Billionaire tax hits wealthy roadblocks. #econsky
California’s billionaire tax faces a precarious road from rich opposition https://aje.news/wqtfap
October 26, 2026 at 11:40 PM
Billionaire tax hits wealthy roadblocks. #econsky
Fed holds; midterms, data pending. #econsky
BREAKING: The Federal Reserve held interest rates steady, as expected, opting to delay any changes to borrowing costs until after next week's midterm elections and awaiting further data on the path of inflation. Follow live updates ➡️ reut.rs/3WRjX1Y
October 28, 2026 at 6:21 PM
Fed holds; midterms, data pending. #econsky
October 27, 2026 at 4:44 PM
Microsoft's buyout blitz: 27% workforce. #econsky
*MICROSOFT TO OFFER BUYOUTS TO 60,000 WORKERS IN LATEST COST CUT
27% of its workforce!!!!!
27% of its workforce!!!!!
October 26, 2026 at 4:30 PM
Microsoft's buyout blitz: 27% workforce. #econsky
Fossil fuels fuel financial fragility. #econsky
NEW: buried in anthropic's hefty ipo documents released yesterday is an interesting admission: the company's increasing reliance on dirty gas to power its data centers is actually exposing it to financial risk
wrote about it for @wired.com www.wired.com/story/anthro...
wrote about it for @wired.com www.wired.com/story/anthro...
Anthropic Flags Gas Supply as One of Its Biggest Near-Term Risks
The data center buildout could cause a massive increase in gas prices as companies scramble for limited supplies and infrastructure fails to meet demand.
www.wired.com
October 27, 2026 at 11:21 PM
Fossil fuels fuel financial fragility. #econsky
Hefty S-1, scant financial disclosure. #econsky
Anthropic’s S-1 filing is hundreds of pages long—and it leaves out quite a few financial details. “Anthropic owes investors more information,” one analyst tells WIRED.
Why Anthropic’s IPO Prospectus Is Missing So Many Key Figures
Anthropic’s S-1 filing is hundreds of pages long—and it leaves out quite a few financial details. “Anthropic owes investors more information,” one analyst tells WIRED.
buff.ly
October 26, 2026 at 10:31 PM
Hefty S-1, scant financial disclosure. #econsky
Tariffs sting; Trump backers reconsider. #econsky
Are they finally starting to get it?
In Michigan, Trump voters are feeling the financial pain of his tariffs, and some are having serious regrets.
A Detroit restaurant is losing $30K because Canadian visitors aren’t coming.
#BlueWaveIn10Days
In Michigan, Trump voters are feeling the financial pain of his tariffs, and some are having serious regrets.
A Detroit restaurant is losing $30K because Canadian visitors aren’t coming.
#BlueWaveIn10Days
October 24, 2026 at 7:00 PM
Tariffs sting; Trump backers reconsider. #econsky
Trump's second-term gas tops Biden's. #econsky
Americans have paid more for their gasoline and diesel at the pump on average during President Donald Trump's second term than they did under his Democratic predecessor, Joe Biden, according to the AAA reut.rs/4ipsW1P
Average price of gasoline during Trump's term now exceeds Biden's, as midterms loom
Americans have paid more for their gasoline and diesel at the pump on average during President Donald Trump's second term than they did under his Democratic predecessor, Joe Biden, according to the ...
reut.rs
October 26, 2026 at 7:31 PM
Trump's second-term gas tops Biden's. #econsky
Brexit dividend? Try £40bn deficit. #econsky
📊 Research estimates that Brexit has led to shortfall on annual tax receipts of about £40bn.
🤔 Imagine what that money could do for our schools, our new generation of council housing, or for our armed forces...
🤔 Imagine what that money could do for our schools, our new generation of council housing, or for our armed forces...
Rayner says ‘nothing off the table’ for Burnham to undo harms of Brexit
Andy Burnham admitted he is considering allowing freedom of movement, as pro-EU groups warn Brexit has left a black hole
www.independent.co.uk
October 26, 2026 at 12:02 PM
Brexit dividend? Try £40bn deficit. #econsky
Trump miscounts trillions; groceries covered. #econsky
President Trump says he brought in $21 trillion in new investment, but according to the White House he's off by about $11T
That gap could pay every American's grocery bill for a decade. https://youtu.be/ODOd4JOVk64
That gap could pay every American's grocery bill for a decade. https://youtu.be/ODOd4JOVk64
October 25, 2026 at 8:51 PM
Trump miscounts trillions; groceries covered. #econsky