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Shannon Pettypiece

@spettypi.bsky.social

Senior Policy Reporter for NBC News I write about the real world impact of the policies set in Washington with a focus on the economy. Recovering White House reporter Reporting here: https://www.nbcnews.com/author/shannon-pettypiece-ncpn1036991

5,908 Followers  |  280 Following  |  201 Posts  |  Joined: 13.11.2024
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Posts by Shannon Pettypiece (@spettypi.bsky.social)

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Priced out of traditional housing, more Americans are living in RVs Moving into an RV may seem like a way to save money, but it can come with unexpected costs and trap families in a cycle of debt.

RVs are becoming the housing of last resort for a growing number of Americans.
Nearly 500,000 Americans are living full time in an RV, around double the number four years ago.
I spent time with a few of them. Here are their stories.

www.nbcnews.com/news/us-news...

23.09.2025 18:18 β€” πŸ‘ 10    πŸ” 7    πŸ’¬ 2    πŸ“Œ 1
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Young men with a bachelor’s degree are more likely than those without one to be unemployed. And nearly twice as likely to be unemployed than young women with a bachelor’s degree
www.nbcnews.com/business/eco...

13.08.2025 13:25 β€” πŸ‘ 28    πŸ” 9    πŸ’¬ 5    πŸ“Œ 3
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www.nbcnews.com/news/amp/rcn...

06.08.2025 13:40 β€” πŸ‘ 5    πŸ” 2    πŸ’¬ 1    πŸ“Œ 0
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Wall Street Bonus Pool to Grow as Stock Rally Defies Tariff Woes The outlook for Wall Street bonuses is improving, with payouts now set to rise across most sectors of the finance industry as the market rebounds.

Worried about the economy? Wall Street bonuses are set to increase this year! Last year, the average annual Wall Street bonus was ... wait for it, $244,700
www.bloomberg.com/news/article...

05.08.2025 12:26 β€” πŸ‘ 3    πŸ” 4    πŸ’¬ 0    πŸ“Œ 0
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www.nbcnews.com/business/eco...

03.08.2025 13:52 β€” πŸ‘ 630    πŸ” 174    πŸ’¬ 52    πŸ“Œ 23
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'A gut punch': Job Corps alumni and faculty lament Trump administration cuts to the program The government-funded program provides free career training, housing and meals to low-income students.

"Gut punch." "Black cloud." "Robbed."

I spoke with students, alum and faculty about the pause of Job Corps, which provides free career training to low-income students.

www.nbcnews.com/politics/tru...

05.06.2025 11:44 β€” πŸ‘ 6    πŸ” 6    πŸ’¬ 1    πŸ“Œ 0
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Trump's ambitious push for trade deals is hitting some snags Some of the challenges are self-inflicted, but a fresh set of court rulings questioning the president’s authority to enact tariffs hangs over his trade agenda.

President Donald Trump’s ambitious plan to broker dozens of trade deals with some of the United States’ closest trading partners has begun to show cracks as the clock on his 90-day pause for most country-specific tariffs winds down to just over one month.

www.nbcnews.com/business/eco...

03.06.2025 17:31 β€” πŸ‘ 29    πŸ” 14    πŸ’¬ 5    πŸ“Œ 0
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10 times Trump has threatened, then backtracked on, tariffs as 'TACO trade' jab gains traction Trump has ordered a number of sweeping tariffs driving up costs of imports, but he has threatened far more tariffs than he has carried out, leading some to embrace "TACO theory."

Whatever happened to those tariffs on ...? An explainer for you:
www.nbcnews.com/politics/tru...

30.05.2025 13:41 β€” πŸ‘ 0    πŸ” 1    πŸ’¬ 1    πŸ“Œ 0
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10 times Trump has threatened, then backtracked on, tariffs as 'TACO trade' jab gains traction Trump has ordered a number of sweeping tariffs driving up costs of imports, but he has threatened far more tariffs than he has carried out, leading some to embrace "TACO theory."

Your Friday Top Ten Tariff Backtrack Countdown

www.nbcnews.com/politics/tru...

30.05.2025 12:52 β€” πŸ‘ 4    πŸ” 3    πŸ’¬ 0    πŸ“Œ 0
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Trump’s authority to impose sweeping tariffs to be put to the test Businesses have been lobbying Congress and preparing legal challenges to push back on Trump’s proposal to enact tariffs on all imports.

A prescient story from November with @lawrencehurley.bsky.social

www.nbcnews.com/news/amp/rcn...

29.05.2025 12:16 β€” πŸ‘ 4    πŸ” 2    πŸ’¬ 0    πŸ“Œ 0
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As tariffs loom, prices for lightly used vehicles rise as supply shrinks Experts predict that the increase in prices of lightly used cars may continue to rise as buyers seek to skirt around tariff-related costs.

"In the first quarter of 2025, the average transaction price for used cars 3 years old or less jumped above $30,000 for the first time since 2023. "
www.freep.com/story/money/...

23.05.2025 14:45 β€” πŸ‘ 3    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0
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How Trump's tariffs are causing pain for some U.S. manufacturers The tariffs are leading to higher costs for importing the materials and machinery used by some to make products in America.

A 50% tariff on the EU would not only impact Americans buying European products, but also companies making their products in the US.
I spoke with a company that makes their products in Pennsylvania, but imports one of the key components from Europe
www.nbcnews.com/politics/eco...

23.05.2025 14:21 β€” πŸ‘ 16    πŸ” 12    πŸ’¬ 1    πŸ“Œ 0
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Tiny Company With China Ties Announces Big Purchase of Trump Cryptocurrency

Just a chinese company with no revenue and 9 employees making a very savvy $300M investment in Trump coin
www.nytimes.com/2025/05/13/u...

14.05.2025 13:27 β€” πŸ‘ 9    πŸ” 9    πŸ’¬ 1    πŸ“Œ 0
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How Claude helped a patient
"A.I. isn’t a magic bullet. But it uncovers hidden connections in data at speeds no human can match, freeing doctors to focus on what they do best: care."
gift link www.wsj.com/opinion/ai-h...

14.05.2025 13:32 β€” πŸ‘ 96    πŸ” 20    πŸ’¬ 8    πŸ“Œ 3
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Musk didn't cut enough spending to send you a dividend The Department of Government Efficiency is probably not going to send you a dividend.

In politics, "DOGE checks" was a one-day story. But search trends show voters took it seriously and still think they're going to come. www.msnbc.com/opinion/msnb...

14.05.2025 13:34 β€” πŸ‘ 12    πŸ” 6    πŸ’¬ 7    πŸ“Œ 1
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A preacher’s dark secret: Sleepovers, porn and sex abuse allegations dating back decades Joe Campbell says his calling is to share God’s love, but a group of women say he sexually abused them as girls. An NBC News investigation uncovered decades of missed warnings and failures to act.

We spent 6 months investigating a children’s pastor accused of being a serial rapist.

His accusers have spent 40 years fighting to stop him.

Today he works for disgraced televangelist Jim Bakker and runs a secluded camp for kids in the Ozarks.

My latest w/ @ahylton26.bsky.social for @nbcnews.com

12.05.2025 12:02 β€” πŸ‘ 337    πŸ” 162    πŸ’¬ 13    πŸ“Œ 16
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Trump gives break to Rolls-Royce cars but threatens more tariffs on Mattel toys The president has repeatedly dismissed concerns over the impact his China tariffs could have on toys and other children's products.

One gets a 10% tariff. The other gets a 145%

www.nbcnews.com/business/con...

08.05.2025 22:09 β€” πŸ‘ 4    πŸ” 1    πŸ’¬ 1    πŸ“Œ 0
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How Trump's tariffs are causing pain for some U.S. manufacturers The tariffs are leading to higher costs for importing the materials and machinery used by some to make products in America.

For companies making their products in the U.S., tariffs have driven up costs and cut demand.
β€œIt’s been the most bizarre roller-coaster ride, where our enthusiasm going into this year was sky high, and then it was just like the air came out of the balloon."
#econsky
www.nbcnews.com/politics/eco...

08.05.2025 13:02 β€” πŸ‘ 17    πŸ” 11    πŸ’¬ 2    πŸ“Œ 2
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If you're a military veteran at risk of foreclosure, NPR wants to hear from you The VA has abruptly ended the only low-interest, affordable loan modification option for thousands of vets who are behind on their mortgages. We want to hear your story.

The VA has abruptly ended the only low-interest, affordable loan modification option for thousands of vets who are behind on their mortgages.

If you're a vet at risk of foreclosure, we want to hear your story.

02.05.2025 18:30 β€” πŸ‘ 19149    πŸ” 8786    πŸ’¬ 870    πŸ“Œ 661
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Trump shut down program to end human waste backing into Alabama homes, calling it 'illegal DEI' A $26 million federal program to help residents of Lowndes County, Alabama, who have dealt with inadequate sewage systems for decades was stopped by an executive order.

www.nbcnews.com/news/nbcblk/...

01.05.2025 17:14 β€” πŸ‘ 4    πŸ” 1    πŸ’¬ 2    πŸ“Œ 0

White House: Your Barbie May be Killing You

01.05.2025 16:18 β€” πŸ‘ 118    πŸ” 16    πŸ’¬ 62    πŸ“Œ 8
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The Xbox Series X costs $100 more than it did yesterday First-party games will go to $80 this holiday

Maybe the kids can just play with their two dolls instead

www.polygon.com/news/581992/...

01.05.2025 15:21 β€” πŸ‘ 93    πŸ” 26    πŸ’¬ 3    πŸ“Œ 2
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Trump's 'Liberation Day' tariffs are threatening Independence Day fireworks Duties on China surged to 145% just as fireworks companies were getting their final July Fourth shipments from the country, which makes the vast majority of supplies used in the U.S.

U.S. fireworks wholesalers and distributors say they’ve been canceling shipments from China for this year’s July Fourth holiday. Some are also halting manufacturing in China of fireworks for next year’s celebrations of the 250th anniversary of America’s independence

www.nbcnews.com/business/eco...

01.05.2025 11:49 β€” πŸ‘ 3    πŸ” 2    πŸ’¬ 1    πŸ“Œ 1

So maybe "cheap baubles from China" shouldn't be the American dream. But for some of the people I have interviewed, being able to get your child a doll or afford a dresser for your kids to put clothes in at least gives them some sense of decency

30.04.2025 18:46 β€” πŸ‘ 8    πŸ” 2    πŸ’¬ 0    πŸ“Œ 0

They work very hard, but they can't buy a house with the big backyard, they can't go on the Disney cruise, they can't afford to send their kids to college. And they have jobs making good wages, they don't need more manufacturing jobs.

30.04.2025 18:46 β€” πŸ‘ 8    πŸ” 2    πŸ’¬ 1    πŸ“Œ 0

I just think of the people I've interviewed for stories who were struggling with housing costs, rising food costs, going to food banks and working multiple jobs. Being able to get your kid a little toy or buy them a new pair of shoes or have a nice Christmas is one of the few luxuries people had

30.04.2025 18:46 β€” πŸ‘ 12    πŸ” 2    πŸ’¬ 1    πŸ“Œ 0

I just think of the people I've interviewed who are struggling with housing costs, rising food costs, going to food banks and working multiple jobs. Being able to get your kid a little toy or buy them a new pair of shoes or have a nice Christmas was one of the few luxuries people had

30.04.2025 18:41 β€” πŸ‘ 5    πŸ” 1    πŸ’¬ 1    πŸ“Œ 0
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Trump suggests tariffs could mean kids have fewer toys Trump downplayed warnings from retailers of product shortages and higher prices as the result his massive tariffs on Chinese imports, saying it would be OK if,

Trump to parents: Your kids don't need all those toys anyway
"Maybe the children will have two dolls instead of 30, you know?" Trump said during a meeting with his Cabinet. "And maybe the two dolls will cost a couple of bucks more than they would normally."
#econsky
www.nbcnews.com/politics/tru...

30.04.2025 18:27 β€” πŸ‘ 92    πŸ” 48    πŸ’¬ 43    πŸ“Œ 18

Bessent says on CNBC that China will come to the table because tariffs are "unsustainable" for China and its whole business model is based on selling cheap goods to the U.S.

But China has been moving away from the US. Now, 15% of its exports go to US and about 3% of GDP comes from US exports.

28.04.2025 13:57 β€” πŸ‘ 38    πŸ” 8    πŸ’¬ 5    πŸ“Œ 2
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Trump traveled little in his first 100 days, preferring to spend time at Mar-a-Lago According to an NBC News analysis, Trump has spent 12 of the past 14 weekends at his own properties, and he has traveled far less than he did during the same period in his first term.

Unlike most presidents, Trump has traveled little in his first 100 days.

He has spent 12 of the 14 weekends at one of his own properties. On 9 of those, he has overnighted at Mar-a-Lago, where he can often be found playing golf www.nbcnews.com/politics/don... by @natashakorecki.bsky.social

28.04.2025 13:17 β€” πŸ‘ 46    πŸ” 23    πŸ’¬ 11    πŸ“Œ 5