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rayseals7.bsky.social

@rayseals7.bsky.social
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Steve Rattner @steverattner.bsky.social · 17h
Stock holdings now exceed the value of primary residences in the U.S. Yet the typical family's home is worth five times their stock portfolio. In other words, the gains from the stock market boom are going to the top.
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Steve Rattner @steverattner.bsky.social · 15h
The federal government spends 10 times more on seniors than on children.
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Catherine Rampell @crampell.bsky.social · 12/10/2026
EV sales in the U.S. are down by half compared with last year. Meanwhile, charging companies in the U.S. are on track to install about as many public EV plugs this year as in 2025, the industry’s record high. www.wsj.com/business/aut...
wsj.com
America’s EV Downturn Hides a Silver Lining: Charging Is Quietly Getting Better
Public EV chargers continue to be installed at a steady clip, even as the industry faces a tough road to long-term profitability.
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Fortune @fortune.com · 10/10/2026
In a new type of philanthropy, billionaire SpaceX president Gwynne Shotwell has pledged to give more than 2 million American kids a piece of her company through Trump Accounts. bit.ly/47GxKL4
bit.ly
Gwynne Shotwell’s $300 million SpaceX pledge to Trump Accounts shows billionaires a tax-smart way to give away their own company’s stock | Fortune
New Treasury rules let the ultrawealthy send shares of their own companies to millions of kids, as long as the gift goes through a charity.
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rayseals7.bsky.social @rayseals7.bsky.social · 10/10/2026
I had a 401k at one of my jobs.. Did someone steal it?? 🤔 Or did someone cancel it?? Or did I just automatically lose it??
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Fortune @fortune.com · 09/10/2026
In the span of just three days, SpaceX founder Elon Musk ascended to trillionaire status before crashing out of the club in a billion-dollar downturn. bit.ly/4hB4j2W
bit.ly
Elon Musk just lost his trillionaire status again after three days—but he says 'it’s not like it’s sitting in a bank account' anyway | Fortune
SpaceX founder Elon Musk lost $63 billion in the span of days, falling out of the trillionaire club for the second time.
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Robert Reich @rbreich.bsky.social · 09/10/2026
22 California billionaires have spent a combined $150 million so far to defeat Prop 40. By spending their fortunes trying to stop California from taxing billionaires, they're making the argument for a billionaire wealth tax more clearly and articulately than anyone else possibly could.
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rayseals7.bsky.social @rayseals7.bsky.social · 10/10/2026
Man calling a whole party dumb, (with a b) when he is the real Big Dummy! (in my Fred Sanford voice. Smmfh
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Steve Rattner @steverattner.bsky.social · 09/10/2026
One in five American families fell behind on a loan or mortgage payment in the past year — up from one in eight in 2022 and the highest since 2007.
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The Bulwark @thebulwark.com · 09/10/2026
"Our president is helping rich donors offload overvalued stocks onto children, who are forced to hold the stocks for five years whether they want to or not." And this is about one of his *good* ideas. The latest edition of Receipts from @crampell.bsky.social:
lnk.thebulwark.com
Trump Accounts Were a GOOD Idea. He Just Made It an Icky One.
What started as a bipartisan savings concept now comes with stocks you can’t reject, a five-year lockup, and some very happy billionaires.
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Amanda Mull @amandamull.bsky.social · 08/10/2026
In July, I went to the NFL Flag Championships in Indiana to see the enormous boom in youth flag football in person. Turns out, girls love ball. My story leads off @bloomberg.com Businessweek’s November issue on women’s sports. Gift link: www.bloomberg.com/news/feature...
bloomberg.com
The NFL’s $192 Million Bet on Flag Football Is Paying Off With Teen Girls
The sport has seen unprecedented growth since the pandemic. Next up: The Olympics and a college campus near you.
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Catherine Rampell @crampell.bsky.social · 08/10/2026
For the first time on record, a majority of Americans have not much/no confidence in the government to ensure food safety. news.gallup.com/poll/715430/...
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Steve Rattner @steverattner.bsky.social · 08/10/2026
Consumer sentiment is at 48, the fourth-lowest reading since 1952. It was almost double that at this point in Bush’s second term and didn’t even fall this low during the 2008 financial crisis. My @morningjoe-msnow.bsky.social Chart
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Steve Rattner @steverattner.bsky.social · 07/10/2026
Since Trump took office, the personal saving rate has fallen from 5.7% to 4.1%, the lowest since 2022. With tariffs pushing up prices and real wages falling since the Iran War, families are dipping into savings to keep up.
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Steve Rattner @steverattner.bsky.social · 08/10/2026
Gas prices fell 25% in the three months before the 2006 midterms. They’re rising heading into this round: $4.46 a gallon, up from $2.88 in January. My @morningjoe-msnow.bsky.social Chart
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Steve Rattner @steverattner.bsky.social · 08/10/2026
Inflation, mortgage rates, and hiring are all worse today than in October 2006. Only unemployment and economic growth are roughly the same. My @morningjoe-msnow.bsky.social Chart
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Steve Rattner @steverattner.bsky.social · 07/10/2026
Corporate profits and tax revenues grew together until the Trump tax cuts. Now corporate profits are at an all-time high while tax receipts are at their lowest since 2021.
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Catherine Rampell @crampell.bsky.social · 08/10/2026
Trump admin is suspending a bunch of tech companies (Microsoft, Adobe, Cognizant, Infosys, Tata, Wipro, HCL, Capgemini) from participation in the H-1B PERM program, alleging fraud. Some other tech firms (Apple, Amazon, Google, etc.) notably absent from the list.
apnews.com
The Trump administration is suspending Microsoft from a green card program, alleging fraud
The Trump administration is suspending tech giant Microsoft from a program to apply for green cards for workers who come to the U.S. to live and work using H-1B visas, accusing the company of fraud.
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Catherine Rampell @crampell.bsky.social · 07/10/2026
Deeply Distressed US Loans Rise to Highest Level Since Pandemic, JPMorgan Says www.bloomberg.com/news/article...
bloomberg.com
Deeply Distressed US Loans Rise to Highest Level Since Pandemic, JPMorgan Says
The deeply distressed tail of the leveraged loan universe has grown to levels not seen since the beginning of the pandemic, with technology the single biggest sector under pressure.
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Catherine Rampell @crampell.bsky.social · 07/10/2026
this is effectively a new $100k tax on international students, and will destroy the market. Which is killing the golden goose -- higher ed is one of the most successful exports the US produces
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Steve Rattner @steverattner.bsky.social · 07/10/2026
The top 0.1% of Americans now hold more than six times more wealth than the bottom half.
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Fortune @fortune.com · 06/10/2026
The combined revenues of companies on this year's #Fortune500Europe list hit a record high of $15.5 trillion, and profits reached $1 trillion. bit.ly/4y2aEcr
bit.ly
Inside Europe’s biggest companies—and the forces reshaping them | Fortune
As the combined revenues of Europe’s largest companies hit a record high, the continent’s CEOs must navigate a new business landscape shaped by AI, geopolitics, climate change, and intensifying global...
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Robert Reich @rbreich.bsky.social · 06/10/2026
As Trump demonizes cities, remember this: Residents of "blue" states send more tax money to Washington than they get back in federal help, while residents of “red” states send less money to Washington than they get back in federal help. Just thought I should point that out.
youtube.com
How Blue States Help Red States | Robert Reich
Robert Reich explains how states that vote Democratic send money to states that vote Republican.Watch More: The Monopoli
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Robert Reich @rbreich.bsky.social · 06/10/2026
The richest man owns X. The second richest man owns The Washington Post. The third and fifth richest men control Google. The sixth richest man owns Facebook, Instagram, and WhatsApp. And the eighth richest man now owns both Paramount and Warner Bros. See the problem here?
bbc.com
Paramount takes over Warner Bros in $110bn Hollywood merger
The merger of two of Hollywood's biggest movie studios comes after months of legal disputes and concern over competition
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Steve Rattner @steverattner.bsky.social · 06/10/2026
Real wage growth was negative for the fifth month in a row in August.
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Steve Rattner @steverattner.bsky.social · 06/10/2026
The trade deficit last month was $36 billion larger than the Biden average. Trump's tariffs have failed.
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ProPublica @propublica.org · 05/10/2026
NEW: Remember when John Oliver opened a church to expose how easy it was to get tax exemptions? This year, ProPublica reporters set out to establish private schools to test if, truly, anyone could open one. We founded two. Here’s how.
propublica.org
How ProPublica Reporters Became Private School Owners in 24 Hours
The reporting experiment demonstrates how easy it can be to open private schools that might then access public money. No credentials or background checks required.
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Steve Rattner @steverattner.bsky.social · 05/10/2026
Wages are at all-time lows, and profits at historic highs, as a percent of GDP. The backlash against A.I. is a backlash against unchecked inequality. My @nytopinion.nytimes.com Chart:
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Forbes @forbes.com · 02/10/2026
Elon Musk’s net worth rose to $979.7 billion on Friday as SpaceX and Tesla shares rose, moving his fortune back towards the $1 trillion mark.
forbes.com
Elon Musk Gains $61 Billion In A Day As SpaceX And Tesla Shares Rise, Pushing Net Worth Back Towards $1 Trillion
Elon Musk’s net worth rose to $979.7 billion on Friday as SpaceX and Tesla shares rose, moving his fortune back towards the $1 trillion mark.
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Catherine Rampell @crampell.bsky.social · 02/10/2026
another way to divert more resources away from the young (who don't vote) and toward the old (who do)
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Steve Rattner @steverattner.bsky.social · 02/10/2026
Since 1830, technology has cut the American workweek from 69 hours to 38 while raising real income per person roughly 20-fold. Properly managed, A.I. can do the same. My @nytopinion.nytimes.com Chart: www.nytimes.com/2026/10/02/o...
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Steve Rattner @steverattner.bsky.social · 01/10/2026
Investors now demand extra pay to hold long-term U.S. debt. Inflation, the debt, and uncertainty about the Fed and Treasury response are making the situation worse. My @morningjoe-msnow.bsky.social Chart
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Steve Rattner @steverattner.bsky.social · 01/10/2026
The 10-year Treasury yield is at its highest since 2007; the 30-year, its highest since 2002. Meanwhile, mortgage rates are back above 7%. My @morningjoe-msnow.bsky.social Chart
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Steve Rattner @steverattner.bsky.social · 30/09/2026
Under President Trump, the wealth of the top 1% has grown more than twice as fast as the bottom half of Americans.
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Business Insider @businessinsider.com · 30/09/2026
The most expensive college in the US is a small liberal arts college in California. bit.ly/4xR8qfS
businessinsider.com
The $100,000 college era is here: See the 15 US schools with six-figure annual price tags
Over a dozen colleges are now part of the six-figure club, costing students over $100,000. But all of these schools also offer generous financial aid.
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Steve Rattner @steverattner.bsky.social · 30/09/2026
A.I. companies will need to find at least $4.2 trillion a year in new revenue by 2031 to pay for their data center buildout, per Bain.
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Bloomberg News @bloomberg.com · 30/09/2026
Ken Griffin has spent years trying to reshape Miami from a playground for the world’s wealthy into a high-finance and technology hub. A pact with Carnegie Mellon University could complete the transformation.
bloom.bg
Ken Griffin’s University Plan Turbocharges Miami Transformation
Ken Griffin has spent years trying to reshape Miami from a playground for the world’s wealthy into a high-finance and technology hub.
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Catherine Rampell @crampell.bsky.social · 29/09/2026
US 30-Year Treasury Yield Rises to Highest Level Since 2002 www.bloomberg.com/news/article...
bloomberg.com
US 30-Year Treasury Yield Rises to Highest Level Since 2002
Yields on the US Treasury’s longest-dated bond rose for a sixth straight day, crossing another key threshold amid a deepening selloff across global debt markets.
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rayseals7.bsky.social @rayseals7.bsky.social · 30/09/2026
It's crazy to make $1900 and only bring home $1000.. Smmfh WTF!?? 🤦🏾‍♂
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Steve Rattner @steverattner.bsky.social · 29/09/2026
Despite the A.I. boom, Silicon Valley is shedding tech jobs.
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Fortune @fortune.com · 29/09/2026
Billionaire oil tycoon Harold Hamm just donated $150 million to the University of Oklahoma to study diabetes, the disease he was diagnosed with in his 50s. bit.ly/4hTtXQs
bit.ly
Billionaire oil tycoon Harold Hamm donates $150M to the University of Oklahoma to help study a cause that’s personal to him: diabetes | Fortune
The gift is the largest in OU's history, and it arrives as Oklahoma ranks near the bottom nationally for health system performance.
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Steve Rattner @steverattner.bsky.social · 29/09/2026
Baby Boomers hold more wealth in the United States than all other generations combined.
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Financial Times @financialtimes.com · 29/09/2026
Companies, political campaigns and even schools are taking out policies to shield themselves from litigation that can follow attacks ft.trib.al/QkwZzdA
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Catherine Rampell @crampell.bsky.social · 27/09/2026
A federal judge has declared that the Trump administration unlawfully terminated $7 billion in grant funding for clean energy programs in disadvantaged communities. insideclimatenews.org/news/2109202...
insideclimatenews.org
Federal Judge Rules Against Trump Administration Over Canceled Clean Energy Grants - Inside Climate News
The Solar for All program was intended to provide dozens of grants for clean energy programs in underserved communities. The Trump-appointed judge said the program’s termination was unlawful.
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rayseals7.bsky.social @rayseals7.bsky.social · 29/09/2026
How do these people and young people work for Republican congress people?? Must be hell. Smmfh Maybe for some Dems too..
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The New Republic @newrepublic.com · 28/09/2026
While the Trump administration is framing the policy as “accountability” for higher education, and some are welcoming the move, others see it as an attack on those whose work is important regardless of salary. trib.al/1wK2qs8
trib.al
Trump Moves to Cut Off Student Loans for Tons of Degrees
Under a new rule, if your degree doesn’t make enough money, you won’t be able to get a student loan.
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Cloverfield @cloverfield86.bsky.social · 27/09/2026
A $50 billion Rural Health Transformation Program will distribute state grants from 2026 through 2030 to strengthen rural hospitals, workforce, telehealth and local care capacity
kff.org
A Closer Look at the $50 Billion Rural Health Transformation Program | KFF
The 2025 budget reconciliation created the Rural Health Transformation Program, which will award $50 billion in state grants over a five-year period. This brief provides an overview of the program, de...
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CNBC @cnbc.com · 27/09/2026
Wall Street money takes back over from small investors as driving force of the stock market
cnb.cx
Wall Street money takes back over from small investors as driving force of the stock market
One firm sees a "reasonably constructive signal for risk appetite" among institutional investors.
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CNBC @cnbc.com · 27/09/2026
Meta's Muse agent is attacking one of the economy's most profitable weak spots
cnb.cx
Meta's Muse agent is attacking one of the economy's most profitable weak spots
Meta's Muse AI personal agent will work over your credit card spending if you don't mind the invasion. How big a threat is it to the subscription economy?
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SARS‑CoV‑2 (COVID-19) @covid19disease.bsky.social · 27/09/2026
🚨 BREAKTHROUGH: Doctors in Houston Report Complete Disappearance of Aggressive Liver Cancer in a 3-Year-Old Using a Personalized Immunotherapy Made From the Child’s Own Cells No Cancer Detected One Year Later
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