Consumer sentiment fell to 51.7 in August, the worst August reading on record.
That’s down 6.3% in just one month and nearly 28% since Trump took office.
As I told @mylesmccormick_, there are increasingly two economies in the US: Those living in the stock market, and those clocking in for a shift everyday.
If you feel like your wages aren't keeping up, that's because they're not.
Mr. Gates, do we have a paper for you
It's actually no one's job to build transmission at large economies of scale across the continent. I think @Groundwork @grayson_flood have ideas
We've never had gas prices this high this late in the year, our @AlexSJacquez tells @MSNOWNews.
And prices won't go down anytime soon as long as Trump's war with Iran drags on.
Trump's trade war with Canada means prices aren't falling anytime soon.
"There are strategic ways to use tariffs to crack down on unfair trade practices, but going back & forth with Canada, which is a vital partner, is really not the way to do that," @ENPancotti told @HuffPost.
Awesome! Finally, action from POTUS to lower prices and increase wages.
Since 2019, corporate profits have grown 52 percent.
Wages have grown 12 percent.
Read that back.
This is what a rigged economy looks like.
[Chart by @groundwork]
People are fed up with companies using their personal data to set different prices for the same items.
Instacart had to backtrack just weeks after we released our report. The FTC has finally taken notice, but is it enough? We don't think so.
@7NewsDC with the story.
If buying tickets for a concert is feeling more like a scam, you're not wrong.
Ticket market middlemen added a cumulative $11.3 BILLION in unnecessary costs for fans going to live events last year, according to new research from the Vanderbilt Policy Accelerator.
NEW distressing data in today's economic report:
Workers are receiving a shrinking share of the income businesses generate, even as corporate profits soar.
The share of business income going to workers has fallen to the lowest level on record.
After adjusting for inflation, corporate profits have grown 52% since 2019. Wages have grown just 12%.
Companies are using your data to set "personal" prices, & the FTC is finally starting to take notice.
Some states like MD & CA are passing laws to protect consumers, but it's not nearly enough in the face of corporate greed.
Even the @GMA anchors seem shocked this is legal.
Companies like Nike, Amazon, and WalMart are getting billions of dollars in tariff refunds.
Will working families see a dime?
Unlikely – and certainly not from the Trump administration – our @AlexSJacquez tells @fox11reno.
