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SpaceX IPO makes Elon Musk the world's first trillionaire, sparking debate on modern capitalism

The article discusses Elon Musk becoming the world's first trillionaire after SpaceX's IPO, arguing that modern capitalism is no longer driven by traditional economic principles like supply and demand, but rather by hype, connections, and arbitrary control. It critiques the curre

Opinionfinancebusinesseconomics

theguardian.com·Trending Finance·9h ago·5 min read

Study finds carbon tariffs alone are half as effective as combined domestic carbon tax and tariff policy

Insightsciencepoliticseconomics

Shared by @climatefran.bsky.social ↗

nber.org9h ago

Elon Musk becomes world's first trillionaire after SpaceX IPO; article examines scale of $1 trillion wealth

Newstechnologybusinesseconomics

Shared by @kezi9news.bsky.social ↗

kezi.com12h ago

Analysis: Grocery consumption tax cut risks undermining Japan's fiscal stability

Insightfinancebusinesseconomics

Shared by @japantimes.co.jp ↗

ebx.sh17h ago

Examining the economic debate behind America's trade deficit

Insightpoliticsbusinesseconomics

Shared by @mclem.org ↗

piie.com19h ago

World Bank cuts 2026 global growth forecast to 2.5% citing US-Iran conflict and economic pressures

Newsfinancepoliticseconomics

Shared by @aljazeera.com ↗

aljazeera.com1d ago

MIT Economist Warns Cutting Entry-Level Jobs for AI Is a Critical Strategic Mistake

Insighttechnologybusinesseconomics

Shared by @entrepreneurmedia.bsky.social ↗

bit.ly1d ago

OpenAI Considers Price War With Anthropic as AI Costs Skyrocket

The article discusses the growing financial pressures in the AI industry, highlighting that the cost of accessing powerful AI tools is skyrocketing without clear returns. It mentions an incident where a CFO accidentally incurred $500 million in Claude usage fees in a single month

Newstechnologybusinesseconomics

futurism.com·Tech by Flipboard·1d ago·3 min read

Anthropic commits $200M to research fund studying AI's impact on employment and economy

Anthropic, creator of the Claude AI model, has committed $200 million (€173mn) to an "Economic Futures Research Fund" studying AI's impact on jobs and the economy, plus a $150mn (€130mn) fellowship program. The company also released a policy roadmap suggesting governments should

Newstechnologybusinesseconomics

euronews.com·Tech by Flipboard·1d ago·3 min read

Wholesale inflation hits 6.5% in May, driven by energy price surge

The Producer Price Index (PPI) for wholesale inflation reached 6.5% in May, marking the highest level since 2022. Energy prices were the primary driver of this increase, with gasoline surging 23.4%. Final demand goods recorded their largest monthly increase on record, indicating

Newsfinancebusinesseconomics

World Bank: Middle East Conflict Slows Global Growth to Weakest Since Pandemic

Newsfinanceeconomicsnews

Shared by @crampell.bsky.social ↗

nytimes.com1d ago

Producer Price Index rises 1.1% in May 2026, matching April's increase

financebusinesseconomics

bls.gov1d ago

UK food prices remain persistently high after shocks, new analysis finds

Insightfoodbusinesseconomics

Shared by @eciu.net ↗

eciu.net1d ago

Trump praises inflation data, predicts sharp decline after Iran conflict ends

Newspoliticsbusinesseconomics

Shared by @nbcnews.com ↗

nbcnews.to1d ago

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Ravi Gurumurthy discusses how Britain can revive economic growth on the Prospect podcast

Newspoliticsbusinesspodcast

Shared by @prospectmagazine.co.uk ↗

prospectmagazine.co.uk1d ago

Critique of mainstream economics: UK cannot "run out" of sterling, argues MMT perspective

Opinionfinancepoliticseconomics

Shared by @billmitchell.org ↗

billmitchell.org2d ago

Companies relocate from Singapore to Malaysia as lower costs and tax incentives drive global mobility trend

Companies are increasingly relocating operations from Singapore to Malaysia, driven by lower costs, tax incentives, and access to larger markets. Notable examples include H&M moving its Southeast Asian headquarters to Kuala Lumpur and Heineken shifting production to Malaysia and

Newsbusinesseconomicsnews

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Inflation hits 4.2% as gasoline prices surge following U.S.-Iran conflict

Newsfinancepoliticseconomics

Shared by @alaskapublic.org ↗

akpub.io2d ago

RTT19

federalreserve.gov128

ema.europa.eu42

VoxEU6

The Australia Institute14

Jacobin3

Missile Matters5

Visual Capitalist6

Tax Foundation5

eciks.org3

publications.bof.fi2

Mercator Institute for China Studies (MERICS)2

dallasfed.org3

ProMarket2

ConstructConnect2

centerforahumaneeconomy.org2

Institute for Policy Studies1

ipi.org1

atlantafed.org18

Bank of Finland3

paulcollege.unh.edu1

asiasociety.org4

nber.org15

chicagofed.org5

clsbe.lisboa.ucp.pt1

economicpolicyresearch.org1

SpaceX IPO makes Elon Musk the world's first trillionaire, sparking debate on modern capitalism

Study finds carbon tariffs alone are half as effective as combined domestic carbon tax and tariff policy

Elon Musk becomes world's first trillionaire after SpaceX IPO; article examines scale of $1 trillion wealth

Analysis: Grocery consumption tax cut risks undermining Japan's fiscal stability

Examining the economic debate behind America's trade deficit

World Bank cuts 2026 global growth forecast to 2.5% citing US-Iran conflict and economic pressures

MIT Economist Warns Cutting Entry-Level Jobs for AI Is a Critical Strategic Mistake

OpenAI Considers Price War With Anthropic as AI Costs Skyrocket

Anthropic commits $200M to research fund studying AI's impact on employment and economy

Wholesale inflation hits 6.5% in May, driven by energy price surge

World Bank: Middle East Conflict Slows Global Growth to Weakest Since Pandemic

Producer Price Index rises 1.1% in May 2026, matching April's increase

UK food prices remain persistently high after shocks, new analysis finds

Trump praises inflation data, predicts sharp decline after Iran conflict ends

Ravi Gurumurthy discusses how Britain can revive economic growth on the Prospect podcast

Critique of mainstream economics: UK cannot "run out" of sterling, argues MMT perspective

Companies relocate from Singapore to Malaysia as lower costs and tax incentives drive global mobility trend

Inflation hits 4.2% as gasoline prices surge following U.S.-Iran conflict