August 18, 20241 yr WASHINGTON, Feb 7 (Reuters) - The inflation-adjusted wealth of white households in the U.S. grew faster than that of Black and Hispanic households from the start of 2019 through the third quarter of last year, with Black households in particular now worse off than they were before the pandemic, a New York Fed study has concluded. Black Americans really got hammered. The only group worth less than they were in 2019. Talk about voting against your interest.....
August 19, 20241 yr 11 hours ago, The_Omega said: Yeah let's ignore the millions that went in to the research of it and several other candidates which failed. Let's just look at the cost to produce it once the research was completed. Solid logic, comrade. Funny how your tune has changed now that it's not vaccines we're talking about. Big pharma is back to being good according to the latest trumpbot patch that was downloaded.
August 22, 20241 yr Canadian freight railroads shut down, dealing a potential blow to North America’s economy https://www.cnn.com/2024/08/22/business/canadian-railroad-shut-down-hnk-intl/index.html Quote Canada’s two major freight railroads have shut their operations, according to management of the two companies, locking out 9,000 members of the Teamsters union who operate the trains and dealing a potential blow to both the Canadian and US economies. Nearly a third of the freight handled by the two railroads — Canadian National (CN) and Canadian Pacific Kansas City Southern (CPKC) — crosses the US-Canadian border, and the shutdown could disrupt operations in a number of US industries, including agriculture, autos, home building and energy, depending upon how long the shutdown lasts. "CPKC is acting to protect Canada’s supply chains, and all stakeholders, from further uncertainty and the more widespread disruption that would be created should this dispute drag out further resulting in a potential work stoppage occurring during the fall peak shipping period,” the company said in a Thursday statement shortly after the start of the lockout at 12:01 am ET. "Delaying resolution to this labor dispute will only make things worse.” Ruh roh
August 22, 20241 yr While much of the focus has been on the presidential race, the ability of either Harris or Trump to advance their preferred policies will depend in large part on whether Democrats or Republicans control Congress. "The key will be who controls the House and the Senate, irrespective of who is the president," said Thomas Hayes, chairman and managing member at Great Hill Capital, LLC, in the report.
August 23, 20241 yr 2 hours ago, lynched1 said: While much of the focus has been on the presidential race, the ability of either Harris or Trump to advance their preferred policies will depend in large part on whether Democrats or Republicans control Congress. "The key will be who controls the House and the Senate, irrespective of who is the president," said Thomas Hayes, chairman and managing member at Great Hill Capital, LLC, in the report.
August 23, 20241 yr 56 minutes ago, VanHammersly said: This idiotic talking point is helpful as it exposes people who know absolutely nothing about macroeconomics.
August 23, 20241 yr Are we blaming private equity for $14 footlongs? $5 footlongs disappeared long before private equity bought Subway. Then do we praise them for offering a $7 limited-time special in 2024? I don't really care if private equity prices Subway footlongs out of existence. It is garbage food.
August 23, 20241 yr I'm disappointed with the narrative on price gouging. It should be a winner, but not the way they are framing it. Price gouging is an EXTREMELY important battleground for inflation, not the inflation we just got back from, the inflation that's coming for the next 5 years. AI algorithms for your on line purchases, bar code megastore price pegged to moving market values and demographic data, rampant surge pricing on anything and everything. These are all already here and will soon be on our doorsteps for every purchasing day of our lives and all of them will be stuffed with price gouging in the algorithms. Putting an agency in place to attack it is forward thinking and necessary. If you go reactive to this instead of proactive it will be billions of $$ in fat profits racked on common consumers for every day goods before you're even out of the gate.
August 24, 20241 yr Back when Subway had $5 footlongs, they were making them at a loss. Not exactly a loss leader either, since a footlong sandwich is supposed to be the core of your business.
September 11, 20241 yr On 8/23/2024 at 1:55 PM, dawkins4prez said: I'm disappointed with the narrative on price gouging. It should be a winner, but not the way they are framing it. Price gouging is an EXTREMELY important battleground for inflation, not the inflation we just got back from, the inflation that's coming for the next 5 years. AI algorithms for your on line purchases, bar code megastore price pegged to moving market values and demographic data, rampant surge pricing on anything and everything. These are all already here and will soon be on our doorsteps for every purchasing day of our lives and all of them will be stuffed with price gouging in the algorithms. Putting an agency in place to attack it is forward thinking and necessary. If you go reactive to this instead of proactive it will be billions of $$ in fat profits racked on common consumers for every day goods before you're even out of the gate. Congrats on joining vikas’ list
September 26, 20241 yr Saudis are preparing for a period of cheap oil. Biden reconfigured the world oil market.
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