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
#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
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
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
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
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
…by altering the terms of #trade between the #UnitedStates & its largest economic partners, the #tariffs will probably rattle #SupplyChains, strain some of the country’s most important diplomatic relationships & add significant #costs for American #consumers & manufacturers.
#Canada, #Mexico & #China are the 3 largest trading partners of the US, accounting for >40% of both US imports & exports last year.
#economy #prices#PersonalFinance#TrumpTariffs #idiocracy#USpol #law
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