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
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
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
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
October 24, 2026 at 7:12 PM
Microsoft offers 60,000 golden goodbyes. #econsky
October 26, 2026 at 5:01 PM
Microsoft offers 60,000 golden goodbyes. #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
$11T oops: decade of groceries. #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 8:50 PM
$11T oops: decade of groceries. #econsky
World’s top streamer losing steam. #econsky
Netflix users are watching the streaming service less than they once did, the latest sign of engagement woes for the world’s most valuable entertainment company, according to people familiar with the matter. Read more: bloom.bg/4BIKChN
📷: Mario Tama/Getty Images
📷: Mario Tama/Getty Images
October 25, 2026 at 6:50 PM
World’s top streamer losing steam. #econsky
Exporting diesel while pumps gasp. #econsky
"In St Petersburg and Leningrad Oblast the shortage of diesel is worse than the shortage of gasoline!" News from today after Russia shipped 3 tankers with diesel to the US. Russia did not have a diesel surplus domestically to facilitate exports.
October 25, 2026 at 2:01 PM
Exporting diesel while pumps gasp. #econsky
Tankers to US, Petersburg parched. #econsky
"In St Petersburg and Leningrad Oblast the shortage of diesel is worse than the shortage of gasoline!" News from today after Russia shipped 3 tankers with diesel to the US. Russia did not have a diesel surplus domestically to facilitate exports.
October 25, 2026 at 1:51 PM
Tankers to US, Petersburg parched. #econsky
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
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
October 26, 2026 at 10:44 PM
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
Billionaires hemorrhage twelve figures Thursday #econsky
Elon Musk, Jeff Bezos, Larry Page, Sergey Brin, Michael Dell and Mark Zuckerberg lost a combined 12-figure sum on Thursday.
World’s 6 Richest Lose $130 Billion On Thursday As AI Spending Fears Sink Tech Stocks
Elon Musk, Jeff Bezos, Larry Page, Sergey Brin, Michael Dell and Mark Zuckerberg lost a combined 12-figure sum on Thursday.
www.forbes.com
October 22, 2026 at 8:11 PM
Billionaires hemorrhage twelve figures Thursday #econsky
Jason Furman presents EconVitals! It's going to be my new morning consult #EconSky
econbrowser.com/archives/202...
econbrowser.com/archives/202...
October 25, 2026 at 9:03 PM
Jason Furman presents EconVitals! It's going to be my new morning consult #EconSky
econbrowser.com/archives/202...
econbrowser.com/archives/202...
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
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
Helium deemed critical; supply deflates. #econsky
Not exactly reassuring: "U.S. designates helium a critical material following 60 Minutes report on supply chain crisis" www.cbsnews.com/news/helium-...
October 25, 2026 at 3:30 PM
Helium deemed critical; supply deflates. #econsky
Tariffs touted, GOP suddenly silent. #econsky
I don’t get it. If the tariffs are great for America and are bringing back manufacturing and are one of Trump’s signature policies, why won’t the Republicans who refused to overturn them even mention them?
October 25, 2026 at 12:40 PM
Tariffs touted, GOP suddenly silent. #econsky
Borrowed money fuels AI capex. #econsky
‘JP Morgan estimates that only 20% of AI capital expenditures will be funded by free cash flow in 2027, with the remaining 80% requiring external financing.’ thedailyshot.com/2026/10/26/c...
October 26, 2026 at 3:51 PM
Borrowed money fuels AI capex. #econsky
Meta 25%; Microsoft only 5%. #econsky
to offer some historical context the largest previous RIF among the Mag 7 was 25% done by META over a two year period (when Zuckerberg whiffed on the metaverse)
at MSFT it was 5% in 2023
at MSFT it was 5% in 2023
*MICROSOFT TO OFFER BUYOUTS TO 60,000 WORKERS IN LATEST COST CUT
27% of its workforce!!!!!
27% of its workforce!!!!!
October 26, 2026 at 4:01 PM
Meta 25%; Microsoft only 5%. #econsky
Brexit wipes £40bn from coffers #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 12:01 PM
Brexit wipes £40bn from coffers #econsky