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Voters are increasingly unhappy with Trump’s handling of the economy.
Today’s University of Michigan Consumer Sentiment shows consumer perceptions about the economy remain historically low.
Today, Groundwork Collaborative and Data for Progress released new polling showing nearly two thirds (64%) of Americans say the way to lower housing costs is to rein in corporate landlords and institutional investors.
This week, despite pressure from the White House, the Federal Reserve paused cuts to interest rates amid clear signs the economy has lost steam.
Lindsay Owens is the executive director of the Groundwork Collaborative, a nonprofit progressive think tank that’s been instrumental in making “surveillance pricing” — the practice of using algorithms to set prices for individual consumers based on their personal data — into a national policy concern.
Today, President Trump announced that Kevin Warsh will be his pick for Chair of the Federal Reserve when current Chair Jay Powell’s term concludes in May.
Today, the Federal Reserve held the federal funds rate at 3.50% to 3.75%.
The evidence that MLR is contributing to vertical integration is “becoming harder and harder to refute,” said Andres Arguello, a policy fellow with the advocacy group Groundwork Collaborative and a former Department of Health and Human Services official in the Biden administration.
Researchers found that overall Instacart basket totals varied by an average of about 7% for the exact same items from the exact same locations, at the exact same time. Based on the amount that Instacart says the average household of four spends on groceries in the US, that could translate into a cost swing of about $1,200 per year. Source: Groundwork Collaborative.
“Violations are rampant,” says Jacquez, who previously worked at the National Economic Council under the Biden Administration. “It’s hard to pin these guys down if they don’t believe there will be any ramifications on the back end.”