New York Fed Report: Trump's tariffs added 2.9 percentage points to consumer goods inflation by February 2026. Without the tariffs, prices of goods would have fallen. New Canadian tariffs are expected to put additional upward pressure on prices.
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Business
229 of today’s 366 posts about business, best first. Page 1 of 5: the top 39, then 32 the model is less sure belong here.
Ranked Bluesky · Mastodon
About 7 in 10 posts here get an intent label; the model only labels the ones it is sure of.
Up until very recently indeed, airlines were the only businesses that I dealt with regularly that practiced "price discrimination," charging different customers different prices for the same seats. -- If you'd like an essay-formatted version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog: pluralistic.net/2026/10/07/gou… 1/
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A 1970s Air Canada ad depicting a man in a brown velour pullover with a large collar sitting in a book-lined study, assembling model Air Canada jets on his desk. His head has been replaced with the blue, metallic head of a 1950s pulp robot and his skintones have been shifted blue to match.
The “Honey Badger don’t care” stock market: why and how twenty “AI” stocks and only twenty “AI” stocks shrug off the big shock of rising interest rates in our weird two-speed stock market: **Katie Martin & Rob Armstrong: There Is Only One Trade: PODCAST OF THE DAY** The “only one trade” is... 1/
I'm curious about supermarket mardown policies; my local Woolworths will markdown 1kg of mince which is nearing its Use By date, by $1 or $2, or more. The local Coles will mark their equivalent product down by 17 cents. In general, when I look at the parsimonious and stingy cents reduction of the Coles markdowns, I wonder why they bother. Is this corporate policy, individual manager, individual worker printing the new stickers, or what determining the price reductions?
Higher prices, simpler menus, and fewer customers: In year five of the war, Russia's restaurants and bars are finally struggling to survive Mid-range venues have been hit the hardest by the shrinking of the country's middle class.
Gasoline-only cars have dropped below fifty percent of global sales for the first time. That second-derivative downturn has been clear for a while now, but this feels like an important milestone. autoevolution.com/news/gasolin…
The Victoria and Albert Museum (V&A) in London is launching a voluntary exit scheme for all staff. The news comes following a series of strikes organized by staff in two unions: Prospect and Public and Commercial Services (PCS). www.artforum.com/news/v-and-a...
Many of the breeding-obsessed billionaires seem keen on procreating but not parenting. For the rest it’s getting tougher to afford kids at all * "Having multiple kids, and a team of nannies to take care of them, has become the ultimate status symbol." >> theguardian.com/commentisfree/… * Cradles and Class: Childcare Roles in Regency England >> alwaysausten.com/2025/12/16/cr… * It costs nearly $37,000 a year to raise two children in Australia, research shows >> theguardian.com/australia-news… #children #parenting #inequality #outsourcing #interaction #ChildCare #AffluentNeglect #FeudalOffspring #serfs #nannies #work #wages #CostOfLiving #TFR #StatusSymbol #habitus #UberWealthy #family #staff #consumption
Our Report Card on La Caisse de dépôt et placement du Québec (CDPQ). CDPQ is distinctive among the Maple 8 pension funds, with a dual mandate to “generate optimal returns for depositors while contributing to Québec’s economic development.” Read here: canadianshieldinstitute.ca/reports/mapl...
'A number of factors are cited for the overhang in California and other US wine regions, including people cutting down on alcohol, side effects of GLP-1 weight-loss drugs and inflation. 'Whatever the reason, this is “probably one of the best times I’ve seen in my near 30-year history in the industry for the consumer,” said Peter Baedeker, owner of Baedeker Wine, a Santa Barbara, California-based consulting firm.' California wine glut sends premium bottles to Costco, Aldi and Kroger at bargain prices By Judy Lagrou Los Angeles Times latimes.com/business/story/202… #WineGlut #SupplyAndDemand #California
Reminder that industrial "accidents" are typically not accidents at all. They are probability outcomes of capital pursuing profit over health and safety. "A man is dead after an industrial accident in Brampton on Wednesday." ca.news.yahoo.com/man-dead-ind...
The median income for a family of four in the United States is $124,000 a year, according to The Motley Fool. The amount of money needed to “live comfortably” (according to The Visual Capitalist) for a family of four ranges from $188,000 in Mississippi to $330,000 in Massachusetts. Even the mean income for a family of four, which is pulled higher by the absurd income of the upper 10%, is $178,000, still less than what’s needed to live comfortably in Mississippi.
THRILLING NEWS: My company now has an office dog. One of my coworkers got surprised with a puppy as a gift, which I have many eyebrow-raising feelings about, but it's 9 weeks old and can't be left at home all day alone. Today was his first day and he's employee of the month already.
I would hope so .. Chick-fil-A has built a reputation on paying well and using people to interact with customers from end to end. Here in Atlanta, they seem to move many more cars through the drive thru with multiple actual live people working than the traditional fast food units with automation. So I'm sure their costs are higher; but either their margin is similarly higher or the goodwill of this makes up for it in volume - or both. No matter what you think of the owners, the business itself is impressive. foxbusiness.com/lifestyle/chic…
New research on migrant labour in Canada’s trucking industry highlights how the pressure to move goods quickly, at low cost, shapes drivers’ working conditions. Emile Baril and Juliana Tinoco Samperdro dive into the realities for @theconversation.com. thetyee.ca/Analysis/202...
Malaysia tables Budget 2027 on October 9, and the headline tax numbers will be the least important part of it. A 15% global minimum tax has already neutered the holiday race — so investors are pricing grid queues, serviced land and engineers long before they price a tax rate. #Industry #Economy #Malaysia #Vietnam seaweekly.com/ecb0663ea3
This company is caught up in the circular financing of it all. NVIDIA has invested AUD$720m in Firmus in previous funding rounds; it also has an agreement to supply Firmus with chips. The founders are on the hook for a $14b loan to Blackstone and need to keep half of their shares until it's paid.
The S&P 500 hit a new all time high yesterday on the strength of big tech. Yet, 83% of S&P 500 members are more than 10% below their 52-week highs and 42% are down more than 20%, even while the index itself is hitting new highs. Nearly 40% Sp500's value is concentrated now in just ten companies. #sp500 #investing #bigtech
Five years ago, we set up in Brussels to hold European power to account. We've reported on missing billions, exposed hidden dealings that harm society, and have become a headache for the powerful. The threats and insults keep coming. So do our investigations.
First was an excellent conversation between @annmlipton and Michael Levin on the bonkers appraisal strategy some investors are using around M&A transactions on the Shareholder Primacy podcast. There's also a great segment on the types of activist investors. Highly recommend youtu.be/2ILbOuiB36k?is=a5nZ5p… (2/4)
US consumer credit rose just $8.3 billion in August, well below expectations, while credit card balances declined. My take is that resilient spending doesn't necessarily mean consumers are comfortable taking on more debt. How households finance purchases matters too. #econsky lnkd.in/p/ga8Azs9a
Might we have reached the end of High St. bank closures? Barclays has opened two new branches in recent weeks (the first new beaches for over a decade) & some other banks continue to slowly expand their branch networks (Nationwide). It will take a long time to truly reverse the long program of closures, but it seems some in retail banking have now concluded branches *did* have some value; slowly bank branches may return (in addition to the multi-bank banking hubs). #banking #politics h/t FT
people have been gesturing at it for a while now but i think it's impossible to ignore at this point: the US is sliding into stagflation expect inflation to keep going up, rates to keep increasing, while the economy deteriorates it will be "solved" through deregulation and austerity
I will add - they propose some kind of voluntary governance arrangement making shareholders liable for corporate debts, which is permitted under state laws that ordinarily provide limited liability by default. But it doesn't have to be voluntary. For sure, if a state purported to eliminate -
Something that's changed massively in my time in journalism is when I started, UK papers were terrified of libel and American papers thought it was a joke. Now it's kind of reversed? Americans are REALLY scared of being sued now, and all the 'lol 1st amendment bucko' stuff has died away.
Transport for London Freedom of Information release: TfL has confirmed that the Customer Service Assistant 2 (CSA2) Full Time position is anticipated to be advertised next week. Responding to a Freedom of Information request published on 07 October 2026, TfL addressed enquiries regarding the recruitment schedule following the earlier release of CSA1 Night Tube roles. The transport authority noted that candidate applications for the full-time CSA2 positions will be opened shortly, with prospective applicants advised to submit their forms promptly once the advert goes live due to expected high demand. tfl.gov.uk/corporate/transpare…
Private equity owners of Boots sell it to another PE group from Canada for £6.74bn. Debt-laden PE has no long-term interest. Everything is a commodity. No UK tax levied on dividends paid to foreign owners, which sweetens cash extraction. PE dominates town centres, when it crashes ...
Japan iDeCo Reform 2026-2027: Contribution Limits Rise, Age Cap Extends to 70 Japan is raising iDeCo contribution limits across the board and extending the maximum enrollment age from under-65 to under-70, with the first change already live and the rest landing January 2027. Here's what it means for foreign residents building a retirement cushion in Japan.... tokyointernationalmeetup.com/j…
Woolies claims in their Delivery Unlimited renewal notice that we've saved $2,264. But that didn't seem right so I just counted it up. We've had 13 deliveries in the past year. At $15 a pop, that's $195. And at $149/year for the subscription, that'd make a saving […] [Original post on bne.social]
The RBA isn't trying to stop inflation. So don't expect prices to fall The Reserve Bank doesn't want consumer prices to come down, but to rise more slowly. It's a… ABC News · Tasmania abc.net.au/news/2026-10-07/the… #News #Tasmania
banks and corporations are cashing in on the effects of war. That leads to the Bank of England’s inevitable blaming of wage increases for inflation, ignoring the recent research in the US showing that that most price inflation comes from “companies seeking to maintain profit margins”.
Going with Developer. Try 1: You have run out of money. Week 19. 55 applications, 0 ghostings. Try 5(?): You got the job. Circle Back Systems, $99,000/year. It took 19 weeks, 58 applications and 2 ghostings. $2,033 left in the bank. [$45k price cut, but it's work.]
The hardest thing to do in your financial life is creating margin for yourself. The easiest way to do it is to automate it. Ideally that margin is gone before your check is ever cut to you. Think of it like the U.S. government showed up and increased your tax bill by 10%. It isn't optional.
I am so over the non stop calls from 'recruiters' who only have a passing familiarity with english. I get these 2-3 times a day now, phone calls out of the blue for horribly unqualified positions. Latest had this bit of deep wisdom about the position. #recruiters #sre #jobs #tech
Home Depot launched Path to Pro Skills Explorers, a free trades program for kids ages 11 to 17. The goal: 15 million introductions to the skilled trades by 2032, as BLS projects 4.1 million trade job openings this decade.
My company has been downgrading our 401k to a worse and worse provider every year. The newest company charges a substantial fee and tried to invest my money with blackrock, so I decided to choose my funds myself. I have no knowledge, I just looked at graphs. And I have high risk tolerance. 6% into US bonds 75% vanguard total stock 19% fidelity intl sustainability Literally no idea if i'll be losing money or not. Choices vibes based
BREAKING. The groceries market has rebounded with 7% growth over the last quarter. Investors and analysts alike are celebrating a return to confidence in the market. The news is causing concern for some meal consumers with a family of three claiming they could be forced into a smaller breakfast.
[2/2] cut. Algorithmic wage computation is the flip side of personalized pricing. The company that controls the algorithm has the advantage and can use it against workers and customers simultaneously. This should be illegal to use with either workers or customers (or both). Making employees bid against each other (with whoever accepts the lowest wage being the "winner") should also be illegal.
Amazon Package Drivers Rev Up Organizing to Become Direct Employees labornotes.org/2026/10/amazon-…
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The model is less sure these belong here, so they sit outside the ranking.
Decided to pop into the World Market in Evanston to check out their wine selection (and sure, let's trigger some retail trauma) and holy hell is it small compared to what it used to be. For context: I was Head of Beverage at the North/Clybourn store.
New #Disintermedia blog post about supplying groceries to households in Aotearoa in more decentralised, low-emission ways, and hopefully breaking the supermarket duopoly; creative policy approaches to disintermedia.net.nz/breaking-… I dropped this off last week, before a young family member came to stay (it's been enjoyable, exhausting chaos). In all the hubbub I kept forgetting to share the link. At one point I forgot which blog I posted in on : P #KiwiDelivery #AntiMonopoly #supermarkets #groceries
‘I reside in Monaco’: billionaire said to have quit UK over potential wealth tax had already left TaxWatch contradicts claims about David Reuben’s departure and questions stories of super-rich exodus
Can't help but feel like the Roman Pontiff also had something to do with this... Either that or the idea that some folks don't want something unless it makes somebody else suffer... masto.ai/@unusual_whales/11739…
I'd rather Tesco pay their staff and suppliers properly than make a £3 billion profit. Paying them better would reduce, possibly only a little, the current reliance on UC. In work benefits are needed for many as the supermarkets pay do badly. 1.25m people work for UK supermarkets. #R4today
Shell expects refineries to almost double the profit from every barrel of fuel made theguardian.com/business/2026/…
The Warsaw region had the highest employment rate in the EU last year. Its figure of 86.9% was well above the employment rate of 76.1% across the EU as a whole.
Someone pointed out we (tech workers) had a lot of leverage in 2020 and 2021, but we squandered it. They were not wrong. Perhaps now, while there is still time, we should make one last push for a union? Looking at what is happening to software developers, I think if we aren't careful, that'll be the fate of many of us soon. I am a senior pen tester. I've done one assessment in the last six months because the slop machine is doing them now. While I've switched to threat modeling and other things, I'm taking a huge gamble hoping my company won't just decide to offload my position to the harness. I've been in a union before, and I know they aren't perfect, but we've got nothing right now! Thoughts and prayers? That does not feel like a winning strategy. Unions could fight against slop machines, and give us the means of pushing back. But do we have the will to do it?
Personality fit is more important than specific topic fit in econ as well. Fields/subfields matter a lot, but subtopics not so much
Last summer, standups Harris Alterman and Dave Ross put up fake tech ads in NYC subway stations. I'm sure at least one venture capitalist saw these ads and was offended that nobody had asked him for $50 million. youtube.com/shorts/rXespMJRatM…
Eventually, the press box will be turned into a luxury suite and you'll have to pay to get the propaganda straight from the athletics department. Hogs+ style deals will become the norm.
Pluralistic: Disloyalty (07 Oct 2026) How corporations charge "loyal" customers more. pluralistic.net/2026/10/07/gou…
Grateful to my pension provider for telling me that I could have a really significant annual income from them if I don't take it until aged 99...
What to know about the Paramount-Warner Brothers merger CGTN · China newsus.cgtn.com/news/2026-10-0… #News #China
From a work point of view, it has been the quietest I've ever known since becoming freelance 15 years ago. There could be many factors, my work or myself may be to blame but many peers are sharing that they are also in the same situation.
Business School WHU: Renommierte Hochschule zieht nach Düsseldorf – „bahnbrechendes Projekt“ rp-online.de/nrw/staedte/duess…
Prices so high that Google's satellites can see them... www.theguardian.com/money/2026/o...
Is the domain you want really taken? We checked 3,000 names against the registries' own servers on 5-6 October. All 1,000 of the most common English words are registered as .com, .net and .org. Random two-word names differ: 39% of the .coms were registered, about half of those showed a for-sale page (median ask $3,592), and 99.7% of the taken ones had a free match in another extension. Before you buy, wait or move on: findadomain.name/blog/domain-n… #domains #startups #naming
so let's be clear. Firmus IPO is looking very shaky. Institutional investors are not convinced. Missed a rental payment!!!! 🚩. A key partner has walked away from a partnership to build the AI centres 🚩 It was always built on quicksand & a dodgy sales pitch 🚩 #politas
This. Is. Fucking. Madness. The "flywheel" is nut-job speak for circular financing. Keep it spinning at all costs!! “We view this as a smart strategic move for the SpaceX buildout because it fuels the flywheel between launch, Starlink, and AI" seekingalpha.com/news/4651007...
Could it cause inflation? Not really at all—wow!
ECB's Moulin: Geopolitical shock is transmitting into financial shock
Homebuyers in New Zealand are caught in a double‑whammy: house prices are slipping and the cost of building a new home is climbing. With mortgage rates on the rise, some households are stepping back from new‑build projects and considering existing properties instead. #Housing #Market #Prices #Satire
I actually don’t care if billionaires flee California. they already don’t pay their share of taxes. And they already do rounds of layoffs instead of employing more people the richer they get. So what’ll be the difference babes
My ass is too juicy and fiscally responsible and credit lenders HATE IT 😔
"Live UK petrol prices to be shown on Google Maps for first time" Uh-oh..Shell's in trouble... www.independent.co.uk/news/uk/home...
Moved to an unlabeled address
someone using your social and credit to buy a nicer car than you
They still haven’t, I uh
Fuckin A i got an offer letter day of! Low key kinda proud of myself X3
>>Applies to job >>Is qualified >>Told hiring manager will respond soon >>Hype >>Rejected
Why say you are open until 10 if you CLOSE AT 9:45
