EconReporter

Japan's Economy Minister Akazawa Said The US–Japan Trade Deal Is Not Legally Binding And Is Just An Agreement Between Government Agencies 🇯🇵🤝🇺🇸

lol, lmao even

3) then around May do another Senate confirmation process for the chair position

TBH, this sounds fun🌝🌝🌝

if i understand all things correctly, if the Kugler replacement is the next chair, putting him in the seat before Feb would mean

1) that guy will go through the Senate nomination process in the next couple months

2) he will be up for another renewal Senate confirmation process around Feb...

The US president said he would select a new commissioner of the Bureau of Labor Statistics in the next three or four days after sacking the previous head following the release of disappointing economic data. He said he would probably choose a new Fed governor over “the next couple of days”.

The adult version of “I wish I had a gumball machine on my desk”

Thank you for this post Mike. ❤️

Rest In Peace Ernie.

Exclusive | China Is Choking Supply of Critical Minerals to Western Defense Companies Beijing is squeezing the flow of key elements needed to make defense systems, a sign of the leverage China has over the U.S. military supply chain.

In May, New Hampshire-based ePropelled, which makes propulsion motors for drones, received unsettling questions from its Chinese magnet supplier. The supplier sent Chinese government forms demanding drawings and pictures of ePropelled’s products and a list of buyers

OPEC+ gets lucky as it brings back oil output amid uncertainty A couple of months ago it would have been a brave call to say that OPEC+ would be able to bring back 2.5 million barrels per day of crude production and still keep oil prices anchored around $70 a barrel.

It was always likely that the eight members of OPEC+ would fully unwind their voluntary output cuts by September, especially since geopolitical tensions and threats to Russian #crude have kept prices near $70. So far #OPEC+ has been lucky, how long can this continue. www.reuters.com/markets/comm...

U.S. public broadcasting non-profit tied to Sesame Street, Mister Rogers' Neighborhood to shut after defunding | CBC News The non-profit Corporation for Public Broadcasting says it's planning to shut down after losing Congress funding, amid U.S. President Donald Trump's allegations that public media spread views contrary...

www.cbc.ca/news/world/t...

People think people need to be explained what "1500% price cut" means is as problematic as a president saying "1500% price cut"

yea, that make sense!

(still i want to see that even a little bit.)

The "don't come up, i (the Fed) will come down" trade

you seems to be the only non GOP except Biden in there!! haha~

U.S. Hiring Slowed Sharply Over the Summer The latest month’s report ​suggests that pockets of weakness in the labor market are starting to take hold. The unemployment rate rose slightly to 4.2%.

Thanks to Rachel Wolfe & @jdlahart.bsky.social for including me in the @wsj.com jobs day roundup!

As an aside, I am among the many economists that hope we can continue to rely on these numbers in the future.

www.wsj.com/economy/jobs...

Latest financial numbers offer some warning signs for economy It’s possible that the disappointing numbers are growing pains, or they may be a preview of more disruption to come.

I chatted with @chrisrugaber.bsky.social about the jobs numbers.

I'm not quite as cool as Chair Powell (Chris goes to the FOMC press conference) so appreciate Chris giving me the time :)

www.wesh.com/article/late...

i would love to see next election is on the platform of tariff v no tariff

We have a great discussion of the role of quorum requirements and voting rules in the context of majoritarian institutions.

The Texas House apparently has a 2/3 quorum requirement. I'd love to know history of why it's not a majority, if anyone has knows.

The popularity of Bloomberg's "Odd Lots" podcast - Talking Biz News Benjamin Wallace of The New York Times writes about “Odd Lots,” the Bloomberg News podcast hosted by Joe Weisenthal and Tracy Alloway. Wallace writes, “Over its nearly 10-year existence, the podcast h...

The popularity of the "Odd Lots" podcast at @bloomberg.com: talkingbiznews.com/media-news/t...

Like, my kids know that I'm grump on Sunday afternoons because that is my Dedicated Customer Service Time

Have they tried calling Hassett?

From a director at the … American Enterprise Institute

why Turkey again? How??

Remember, it's important to education your son early!🫵

Heckman is gonna Heckman😏

3/3 Nordhaus: "Trump has drawn upon that social capital and is using it like a spendthrift teenager to achieve virtually nothing of value and to destroy many critical parts of the global institutional infrastructure"

Heckman: "He is more deserving than Barack Obama" for a Peace prize; he's not "polished enough;" "the jury is out" in Trump's attempt to restructure global trade

Nobel Prize winners react to idea of Trump winning economics award White House trade adviser Peter Navarro believes President Trump's trade policies have earned him a nomination for the award.

1/3 Peter Navarro suggested that Trump should win an econ Nobel prize for his tariffs. Here's the reaction of econ Nobel winners:

Maskin, Myerson: he has not played the academic game (aka published work in academic journals. Nobels are not awarded for policies

www.newsweek.com/nobel-prize-...

Is Taco (Trump Always Chickens Out) dead, killed by Waco (the World Always Chickens Out)? Me with Paddy O'Connell on BBC Radio 4 sunday morning -- featuring
@lionelbarber

bbc.com/audio/play/m...

A square meter of cheese. For me.

My eldest's partner is over for the summer. They're Canadian. They made me a cheese board.
I approve of how Canadians celebrate :)