Are consumers just tech debt to Microsoft?
https://birchtree.me/blog/are-consumers-just-tech-debt-to-microsoft/
#HackerNews #Are #consumers #just #tech #debt #to #Microsoft? #techdebt #Microsoft #consumers #technology #blog
“But the policies they’ve chosen have created extra costs for businesses, & businesses tend to pass on costs,” Sahm added.
The cost of #Trump’s policies is likely to increase in the coming months.
His most inflationary policy is his campaign to build a wall of #tariffs around the US #economy. Tariffs are #taxes on imports, & they are *initially* paid by the businesses that bring goods into the #US.
#FactCheck #TrumpLies #inflation #affordability #CostOfLiving #recession #trumpcession
In the early months of #Trump’s term, importers mostly absorbed those #costs rather than raising #prices to recoup the money from #consumers. Some companies said they were waiting to see if the #tariffs would last. As time has passed, companies increasingly have shifted the costs of the tariffs to their customers. Goldman Sachs estimates that the share of tariff costs borne by consumers has increased from 22% in April to 55% in Oct, & that it will continue to rise, reaching 67% by mid next year.
n8chz 🩎
and 2 others
boosted
This week's comic is about how easily conventional wisdom gets turned on its head by bad faith actors, especially in a media environment lacking responsible editors.
This week's comic is about how easily conventional wisdom gets turned on its head by bad faith actors, especially in a media environment lacking responsible editors.
The end of the rip-off economy: consumers use LLMs against information asymmetry
https://www.economist.com/finance-and-economics/2025/10/27/the-end-of-the-rip-off-economy
#HackerNews #endofripoffeconomy #consumers #LLMs #informationasymmetry #finance #innovation
Lisa Melton
boosted
#US #consumer confidence slips to 6-month low; worries over #job availability rising
The Conference Board survey on Tuesday also confirmed what economists describe as a K-shaped #economy, with confidence declining among #consumers making an annual income of <$75,000, but consumers earning >$200,000 a year more upbeat. Economists argue that high-income households are keeping the economy afloat through robust consumer spending.
#Trump #plutocracy
https://www.reuters.com/world/us/us-consumer-confidence-slips-october-worries-over-jobs-persist-2025-10-28/?utm_source=braze&utm_medium=notifications&utm_campaign=2025_engagement
#US #consumer confidence slips to 6-month low; worries over #job availability rising
The Conference Board survey on Tuesday also confirmed what economists describe as a K-shaped #economy, with confidence declining among #consumers making an annual income of <$75,000, but consumers earning >$200,000 a year more upbeat. Economists argue that high-income households are keeping the economy afloat through robust consumer spending.
#Trump #plutocracy
https://www.reuters.com/world/us/us-consumer-confidence-slips-october-worries-over-jobs-persist-2025-10-28/?utm_source=braze&utm_medium=notifications&utm_campaign=2025_engagement
Tristan Nitot✓
and 5 others
boosted
Recent comic: Cutting out the Middleman
I suspect that some readers might interpret this cartoon as a call for Luddism, but mostly it's a reflection of thoughts I've been having lately about out-of-control data harvesting and a growing surveillance state.
#tech #technology #privacy #data #comic #cartoon #surveillance #consumers #corporations
Recent comic: Cutting out the Middleman
I suspect that some readers might interpret this cartoon as a call for Luddism, but mostly it's a reflection of thoughts I've been having lately about out-of-control data harvesting and a growing surveillance state.
#tech #technology #privacy #data #comic #cartoon #surveillance #consumers #corporations
Gert V 🇵🇸
boosted
Please read about the #BDS #boycotts if you haven’t already!
I know, as #anticapitalist we’re not likely to be the biggest #consumers, and that many of these #companies targeted for #boycott, #divestment, and #sanctions, are not #consumer brands anyway.
But, the #Palestinian BDS National Committee has identified list of companies that support #Israel and which profit off the #genocide in #Gaza!
More #information and #specifics here: https://bdsmovement.net/Guide-to-BDS-Boycott
Please read about the #BDS #boycotts if you haven’t already!
I know, as #anticapitalist we’re not likely to be the biggest #consumers, and that many of these #companies targeted for #boycott, #divestment, and #sanctions, are not #consumer brands anyway.
But, the #Palestinian BDS National Committee has identified list of companies that support #Israel and which profit off the #genocide in #Gaza!
More #information and #specifics here: https://bdsmovement.net/Guide-to-BDS-Boycott
#Trump’s #tariffs target countries that are major suppliers of a wide range of goods to the #UnitedStates.
For American families, the likely result is higher #prices nearly everywhere they turn — in grocery aisles, at car dealerships, at electronics stores & at the pump.
#economy #prices #consumers#PersonalFinance#TrumpTariffs #idiocracy#USpol #law#Canada#Mexico#China
https://www.nytimes.com/article/trump-tariffs-prices-consumers.html?smid=nytcore-ios-share&referringSource=articleShare&sgrp=p&pvid=B62F2EB0-707F-4418-8A92-3ADDA21FC8D0
… #trading data & economic studies suggest #consumers in the #US will see higher #prices on a products from vegetables & meat to cellphones & cars. While a few companies may not pass on the cost of the #tariff, many are likely to raise prices on their products.
“Because of the combination of these 3 countries, it’s going to be difficult to go down an aisle of a grocery store & not see some sort of inflationary effect,” said Jason Miller, a prof of #SupplyChain management at Michigan State.
#Trump
Moments after #Trump’s #tariffs kicked in, #China’s Ministry of #Finance said that it was imposing tariffs of as much as 15 % on a wide range of #food imports from the #UnitedStates.
The finance ministry imposed 15% tariffs on imports of chicken, wheat, corn & cotton from the US & 10% tariffs on imports of “sorghum, soybeans, pork, beef, aquatic products, fruits, vegetables, & dairy products.”
#economy #prices #consumers#PersonalFinance#TrumpTariffs #idiocracy#USpol #law#Canada#Mexico
#Trump’s #tariffs target countries that are major suppliers of a wide range of goods to the #UnitedStates.
For American families, the likely result is higher #prices nearly everywhere they turn — in grocery aisles, at car dealerships, at electronics stores & at the pump.
#economy #prices #consumers#PersonalFinance#TrumpTariffs #idiocracy#USpol #law#Canada#Mexico#China
https://www.nytimes.com/article/trump-tariffs-prices-consumers.html?smid=nytcore-ios-share&referringSource=articleShare&sgrp=p&pvid=B62F2EB0-707F-4418-8A92-3ADDA21FC8D0