Business/Markets/Stocks/Economics Random, Random

[Owendonovan]

Someone from his administration? No way.

[ponchi101]

What does "releasing a minimum of 7 countries" even mean?

[ti-amie]

‪Lee West‬
‪@whodat35.bsky.social‬
· 1d
Reply to
Json Momoa
This is the most corrupt administration I have ever seen in my lifetime. The market manipulation that is happening in broad daylight is unbelievable.

Re Json Momoa

‪Json Momoa‬
‪@jotatx.bsky.social‬
· 8mo
lots of new folowers from abroad, allow me to introduce myself.
My name is Julio, I own a small business that implement digital transformation in midsized coffee and cocoa producers
I also study the impacts of climate change in local economies.

"I respect the dignity of all who respect mine."

[ti-amie]

Joey Politano
‪@josephpolitano.bsky.social‬

Trump announces 15% tariffs on Japan. Another trade “deal” that’s even worse than what we had before he took office

Japan Prime Minister Ishiba to Resign, Mainichi Newspaper Reports
By Reuters
|July 22, 2025, at 10:25 p.m.
U.S. News & World Report
Japan Prime Minister Ishiba to Resign, Mainichi Newspaper Reports

TOKYO (Reuters) -Japan's Prime Minister Shigeru Ishiba has made up his mind to resign, Mainichi newspaper reported on Wednesday.

(Reporting by Mariko Katsumura; Editing by Himani Sarkar)

Copyright 2025 Thomson Reuters.

So who did he make a deal with?

[Owendonovan]

There's no deal, just a tweet.

[ponchi101]

I suppose that the Japanese PM would rather commit seppuku than accept that he has spoken about tariffs with this man.

[ti-amie]

Jerome Powell Calls BS to Trump’s Face as He Spouts Made-Up Numbers
The Federal Reserve chair fact-checked Donald Trump in real time as the president tries to come up with a reason to fire him.

Malcolm Ferguson/July 24, 2025/5:36 p.m. ET

Fed Chair Jerome Powell called out President Trump for lying about the cost of renovations to the Federal Reserve headquarters.

Trump has been purposefully trying to increase the cost of the renovations so that he can blame Powell for mismanaging funds, as a pretext for firing him.

“It looks like it’s about $3.1 billion, it went up a little bit. Or a lot,” Trump said to the press, while standing next to Powell wearing matching hard hats. “So the $2.7 is now 3.1.”

“I’m not aware of that,” Powell interjected, looking visibly concerned.

“It just came out,” Trump replied.

“I haven’t heard that from anybody at the Fed,” Powell said.

“It just came out,” Trump repeated, unfurling a piece of paper he had folded in his suit pocket and handing it to Powell.

“This came from us?”

“Yes. I don’t know who does that,” Trump said, pointing at the paper.

“You’re including the Martin renovation, you just added in a third building is what that is. That’s a third building,” said Powell.

“Well I know, but it’s a building that’s being built.”

“No, it was built five years ago. We finished Martin five years ago.”

“It’s part of the overall work.”

“It’s not new.”

“So we’re gonna take a look, we’re gonna see what’s happening, and it’s got a long way. Do you expect any additional cost overruns?” Trump asked.

“Don’t expect ’em. But we’re ready for ’em. We have a little bit of a reserve that we may use, but no, we don’t. We expect to be finished in 2027. We’re well along, as you can see.”

Trump has targeted Powell for some time now, as the Fed chair has repeatedly refused to lower interest rates to help the president. Trump has made it known that he wants Powell fired, and this number fudging was purely antagonistic. At least Powell was there to fact-check him.

https://newrepublic.com/post/198414/jer ... renovation

[ti-amie]

Joey Politano‬
‪@josephpolitano.bsky.social‬
· 33m
An "economist" so dumb I had to explain to him how the import price index works last month will now lead the BLS, kill me

[ti-amie]

AdAnxious8842
•
3m ago
Paywalled article. Alternative https://archive.is/BWIIx. Last paragraph reads:

"American democracy constrains the state through an independent judiciary, free speech, due process and the diffusion of power among multiple levels and branches of government."

[ti-amie]

https://www.businessinsider.com/corpora ... tes-2025-8

[ti-amie]

Carl Quintanilla‬
‪@carlquintanilla.bsky.social‬
· 2m
Another White House narrative, spoiled.

@nikkei.com

asia.nikkei.com/business/aut...

[ti-amie]

GameSpot may receive revenue from affiliate and advertising partnerships for sharing this content and from purchases through links.

PS5 Price Hikes Announced For The US As Trump's Tariffs Continue To Take Their Toll
Sony is raising prices.

By Eddie Makuch on August 20, 2025 at 9:00AM PDT

Sony is raising PS5 prices in the US, with every system going up by $50. The company said it is continuing to "navigate a challenging economic environment" and will pass the cost on to consumers in the form of higher prices. The new prices go into effect on August 21.

The new prices can be seen below. All three models are still available for the lower prices at Amazon and other retailers until tomorrow. Notably, the PS5 Slim Digital bundle with Call of Duty: Black Ops 6 is still in stock at PlayStation Direct for $400, so you're saving $100 compared to the new price and getting a free game.

PlayStation 5 Slim – $550 (previously $500)
PlayStation 5 Slim Digital Edition – $500 (previously $450)
PlayStation 5 Pro -- $750 (previously $700)

The price points for PS5 accessories are not changing, Sony said, adding that the PS5 console price hikes apply only to the US market. Other markets saw PS5 console price hikes earlier this year.

Analyst Daniel Ahmad said Sony is raising prices against the backdrop of higher tariff rates on countries where the PS5 is produced, including China (30%), Japan (15%), Vietnam (20%), and Malaysia (19%).

Before this, Microsoft announced price hikes for its Xbox consoles. Nintendo, meanwhile, has said it cannot rule out raising the price of the Switch 2 due to tariffs. The company has already raised prices on a number of Switch 2 accessories.

On August 1, US President Donald Trump announced new tariffs that led to some market turmoil. This followed on from the initial "Liberation Day" tariffs that were announced back in April.

Sony is raising prices on the PS5 just after the company disclosed that the system has reached 80 million units sold worldwide. While Sony hasn't spoken about a hardware successor yet, a few recent developments have given us a few clues on what we can expect from a potential PlayStation 6 console.


https://www.gamespot.com/articles/ps5-p ... 0-6534127/

[ti-amie]

Postal services in Europe suspend parcel shipments to US amid uncertainty over tariffs
Donald Trump’s late announcement left operators with ‘extremely limited timeframe to get prepared’
Jon Henley Europe correspondent

Mon 25 Aug 2025 08.13 EDT

Postal services across Europe have suspended most parcel shipments to the US, citing widespread uncertainty about the impact of new import tariffs announced by Donald Trump.

France’s La Poste on Monday joined other operators, including Germany’s Deutsche Post, Spain’s Correos, Poste Italiane and the Belgian, Swedish and Danish postal services, which all halted a majority of US-bound shipments over the weekend.

Austria’s Österreichische Post and the UK’s Royal Mail said they would stop accepting packages on Tuesday, to allow enough time for packages posted before then to arrive in the US before the tariffs, scheduled to come into force at the end of August, kick in.

The US president last month signed an executive order abolishing from 29 August a tax exemption that allowed small packages worth less than $800 – the preferred option for many small European businesses – to enter the US duty-free.

A total of 1.36bn packages were sent last year under the so-called “de minimis” exemption, containing goods worth $64.6bn, according to US Customs, but such parcels will now face a 15% tariff – the same rate as most other imports from the EU.

Analysts have said that the regulatory changes, if they are maintained, are likely to have a considerable impact, particularly on small and medium-sized European companies exporting lower-value goods to the US.

European postal services said they would continue to ship letters and parcels sent by individuals containing gifts worth less than €100, but warned that these would be subject to extra checks to prevent the service being used for commercial goods.

The operators blamed widespread uncertainty about how the new tariffs would work, as well as a lack of time to prepare.

“Key questions remain, particularly regarding who will have to pay the tariffs and how, what additional data will be required, and how data will be transmitted to US Customs,” said DHL, Europe’s largest logistics company, which owns Deutsche Post.

The company said it was no longer “accepting or transporting parcels and postal items containing goods from business customers destined for the US”.

La Poste, which sends 1.6m packages on average to the US each year, 80% of them from businesses and 20% from individuals, said the new rules had been confirmed by US authorities only on 15 August.

The late announcement had left European postal services with “an extremely limited timeframe to get prepared. Moreover, the rules’ related documentation still requires further clarification,” the French operator said.

Poste Italiane said it had been “forced to temporarily suspend acceptance of all shipments containing merchandise destined for the US”. The Nordic logistics company PostNord said the the pause was “unfortunate but necessary”.

The Dutch postal service, PostNL, said the Trump administration was pressing ahead with the new duties despite US authorities lacking a system to collect them, while Royal Mail said it hoped the interruption would last only a few days.

PostEurop, an association of 51 European public postal operators, said that if no practical solutions could be found before 29 August, it was likely that all its members would suspend the bulk of parcel shipments to the US.

With Agence-France Presse and Associated Press

https://www.theguardian.com/business/20 ... er-tariffs

@GottaLaff‬
‪@gottalaff.bsky.social‬
· 38m
First Europe, now Japan.

Mark Chadbourn‬
‪@chadbourn.bsky.social‬
· 39m

Japan Post has suspended some US-bound mail after the US ended duty exemption, Reuters reports

MythicalDragoness
‪@mythicaldragoness.bsky.social‬

Follow
"Thailand temporarily suspended all international postal parcel services to the U.S., while South Korea, Singapore and New Zealand suspended most shipments. Australia Post has temporarily suspended so-called transit shipping — where goods from other countries are shipped to the U.S. via Australia."
August 25, 2025 at 7:05 PM

[ponchi101]

I. Told. You.
(attributed to Kamala Harris).
BWAHAHAHAHAHAHAHA!!!!!!!!
(Ibid)

[ti-amie]

The Bulwark
@thebulwark.com‬

Follow
Vance on undermining the Federal Reserve: "I don't think we allow  bureaucrats to make decisions about monetary policy and interest rates without any input from the people that were elected to serve the American people...POTUS is much better able to make these determinations."

Video at the link

https://bsky.app/profile/thebulwark.com ... iicfzqw524