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David Mullin

@rdmullin.bsky.social
730 followers 261 following 1.7K posts

PhD Economist, Certified Public Accountant, Academic. My Service Dog is Wilson.

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Reposted by David Mullin
Bloomberg News @bloomberg.com · 07/10/2026
A measure of SpaceX’s credit risk surged to a fresh high and the company’s bonds tumbled in the secondary market on Wednesday, following reports the company is in talks with banks and investors to raise $40 billion to buy chips from Nvidia
bloom.bg
SpaceX Credit Risk Gauge Hits Record High on Fundraising Reports
A measure of SpaceX’s credit risk surged to a fresh high and the company’s bonds weakened in the secondary market on Wednesday, following reports the company is in talks with banks and investors to raise $40 billion to buy chips from Nvidia Corp.
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Reposted by David Mullin
The New York Times @nytimes.com · 06/10/2026
California is set to become the first state to ban the production or installation of man-made quartz, amid mounting cases of a lethal lung disease among workers who carve the material for kitchen countertops.
nyti.ms
California Prepares to Ban Quartz Countertop Production
The state would be the first to block an industry that has been connected to a deadly lung disease in workers.
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Reposted by David Mullin
The Upshot @upshot.nytimes.com · 06/10/2026
So far in 2026, another 88 data center buildings have been completed, with many ever-larger ones on the way. Via @cj-robinson.bsky.social www.nytimes.com/interactive/...
nytimes.com
What the Data Center Boom Looks Like From the Sky (Gift Article)
In the race for A.I. computing power, hundreds of new projects are coming online across the country — and they’re getting bigger.
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Reposted by David Mullin
Ben Casselman @bencasselman.bsky.social · 05/10/2026
The A.I. investment boom is contributing to inflation. It also appears nearly immune to high interest rates. That’s a challenging combination for the Fed — with potentially serious implications for the rest of the economy. With @colbylsmith.bsky.social: www.nytimes.com/2026/10/05/b... #EconSky
nytimes.com
High Interest Rates Aren’t Slowing the A.I. Boom. That’s a Problem for the Fed. (Gift Article)
Rising borrowing costs are taking a toll on households and businesses. But they are doing little to dampen enthusiasm for investments in A.I. infrastructure, which are contributing to inflation.
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Reposted by David Mullin
The Wall Street Journal @wsj.com · 05/10/2026
Americans are holding on to their cars longer than ever—and two brothers have built an empire fixing them.
on.wsj.com
The Brothers Dominating the $211 Billion Car Repair Market
Mavis, Midas and Pep Boys are on a tear across the country as the average car is a historic 13 years old and more complex than ever
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Reposted by David Mullin
NBER @nber.org · 03/10/2026
A new model shows there's a welfare-maximizing rate of population growth, trading off higher output per worker against fewer workers per retiree, and that optimal rate may well be negative. Adding pay-as-you-go social security pushes it even lower, from Laurence M. Ball www.nber.org/papers/w35823
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David Mullin @rdmullin.bsky.social · 02/10/2026
www.bloomberg.com/news/article...
bloomberg.com
Here Are the Key Takeaways From the US Jobs Report for September
Here are the key takeaways for the US employment report for September, released Friday:
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David Mullin @rdmullin.bsky.social · 02/10/2026
www.bloomberg.com/news/article...
bloomberg.com
Warsh’s Top Fed Deputies Step in to Give Markets a Clear Message
Federal Reserve Chairman Kevin Warsh has vowed to avoid sending clear signals to investors on where interest rates are headed. His top deputies made clear this week they’re willing to oblige — and inv...
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David Mullin @rdmullin.bsky.social · 02/10/2026
www.wsj.com/livecoverage... Labor report implication to the Fed as reported by @nicktimiraos.bsky.social
wsj.com
Nick Timiraos | For the Fed, a Middling Jobs Report Will Keep Focus on Inflation Data
The September employment report will give Federal Reserve officials little reason to change their underlying view of the economy, and it removes one potential obstacle to holding interest rates steady...
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David Mullin @rdmullin.bsky.social · 02/10/2026
U.S. Labor Market Shifts to a Lower Gear www.nytimes.com/2026/10/02/b...
nytimes.com
U.S. Labor Market Shifts to a Lower Gear
The economy added fewer jobs in September and unemployment ticked up, while inflation has maintained pressure on markets and raised costs.
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David Mullin @rdmullin.bsky.social · 01/10/2026
www.wsj.com/personal-fin...
wsj.com
How 7% Mortgages Are Wrecking the Home-Buyer Playbook
With prices at record highs and inventory locked up, house hunters are left with dwindling financing options.
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Reposted by David Mullin
The Atlantic @theatlantic.com · 01/10/2026
To be successful, a weight-loss company must now profess care for more than its customers’ waistline, Mikala Jamison writes:
bit.ly
Mental Health Is Now a Marketing Tool for Weight Loss
To be successful, a weight-loss company must profess care for more than its customers’ waistline.
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Reposted by David Mullin
Financial Times @financialtimes.com · 30/09/2026
US government debt rout triggers ‘vicious loop’ of selling ft.trib.al/x3d9T5w
ft.trib.al
US government debt rout triggers ‘vicious loop’ of selling
Yields on 10-year Treasuries soar half a percentage point in worst month in four years
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Reposted by David Mullin
Financial Times @financialtimes.com · 25/09/2026
Houthis promise not to target European ships ft.trib.al/NaKNXpH
ft.trib.al
Houthis promise not to target European ships
Pledge comes as container shipping through key Bab al-Mandeb Strait reaches highest level in almost three years
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Reposted by David Mullin
Bloomberg News @bloomberg.com · 25/09/2026
The Trump administration has allowed US cargo ships to make over 200 trips past the blockade to Cuba, helping stave off a humanitarian and immigration crisis even as it pushes to topple the government.
bloom.bg
US Trade With Cuba: Container Shipping Surges Despite Trump Sanctions
The Trump administration has allowed US cargo ships to make over 200 trips past the blockade to Cuba, helping stave off a humanitarian and immigration crisis even as it pushes to topple the government.
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Reposted by David Mullin
The Atlantic @theatlantic.com · 25/09/2026
A region defined by conflict and dynamism is reconstituting itself and the world, Simon Sebag Montefiore writes.
bit.ly
The Middle East Still to Come
A region defined by conflict and dynamism is reconstituting itself and the world.
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Reposted by David Mullin
Mike Konczal @mtkonczal.bsky.social · 25/09/2026
I knew but still am amazed at how bad these numbers are, 10th percentile having a worse time of it than peak 10% inflation in 2022.
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Reposted by David Mullin
Carl Quintanilla @carlquintanilla.bsky.social · 25/09/2026
“.. Soybeans are coming back a little bit, but currently [China's purchases] are at much, much lower levels .. For all of the other products — cotton, wheat, pork, beef — the exports were devastated in 2025, and there's no evidence of them coming back." @npr.org www.npr.org/2026/09/25/n...
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Reposted by David Mullin
Bloomberg Opinion @opinion.bloomberg.com · 25/09/2026
Something is shifting beneath financial markets, but at least for now, we remain on solid ground
bloom.bg
The Big One Is Rumbling in the Bond Market
There are shifts underway, but for now the ground remains stable.
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Reposted by David Mullin
The Wall Street Journal @wsj.com · 23/09/2026
Chess engines can beat grandmasters—but they can’t agree on a single infallible strategy. And, instead of ruining the game, artificial intelligence is now uncovering new ways of playing. 🔗 on.wsj.com/4hlr3Tf
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Reposted by David Mullin
Jesse Felder @jessefelder.com · 21/09/2026
‘Data Center Watch said some 45 data center projects worth $68 billion were blocked or delayed by local pushback between April and June this year, more than half of all new large-scale developments they began tracking during the period.‘ www.bloomberg.com/news/article...
bloomberg.com
New Data Centers Worth $68 Billion Disrupted in US, Data Show
Opposition to data centers continues to mount in the US.
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Reposted by David Mullin
The New York Times @nytimes.com · 21/09/2026
Don't let a little drizzle get you down. You probably don't *need* rain pants for light showers — they're meant for hiking in heavy downpours or colder climates — but boy, do they make rainy days a little less gloomy. nyti.ms/4Al7lzo
nyti.ms
The Best Rain Pants
The Marmot PreCip Eco Pants, which come in men’s and women’s sizes and multiple lengths, are the pants that kept us comfortable and dry through wet weather.
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Reposted by David Mullin
Justin Wolfers @justinwolfers.bsky.social · 21/09/2026
Look for choices that still work when the future surprises you.⁣ ⁣ Economists call that robustness.⁣ ⁣ Seems useful for picking members for Trump’s AI commission.
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Reposted by David Mullin
The New York Times @nytimes.com · 20/09/2026
As incidents involving rogue artificial intelligence become more common, so too have calls for a mechanism that would easily power down A.I. systems that go dangerously off the rails — a so-called kill switch. But creating such a switch is much more difficult than many policymakers assume.
nyti.ms
Creating a Kill Switch to Shut Down a Rogue A.I. Is Harder Than It Sounds
A bipartisan group in Congress and Gov. Gavin Newsom of California have floated ideas for building a mechanism that would instantly power down an A.I. system. Only no one really knows how.
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Reposted by David Mullin
The New York Times @nytimes.com · 19/09/2026
Online gambling companies have collected mass amounts of user data. Former DraftKings employees told The New York Times they used data science techniques to identify gamblers who were more likely to respond to promotional offers by betting — and losing.
nyti.ms
At DraftKings, AI Targets the Gamblers Likeliest to Lose
Data science helps determine who receives betting incentives, but the company has resisted using similar technology to protect gamblers at risk of addiction.
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Reposted by David Mullin
The Atlantic @theatlantic.com · 19/09/2026
AI is sapping people’s concentration in a new way—one that abstaining from the technology won’t fix, @chatterton.bsky.social argues:
bit.ly
The Other Way AI Impairs Our Thinking
Suddenly the technology is sapping people’s concentration in a new way, one that abstaining from AI won’t fix.
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Reposted by David Mullin
NBER @nber.org · 17/09/2026
Is dollar safe-asset richness declining? Not for domestic liquidity, but yes for global. Dollar repo has overtaken Treasurys, from Arvind Krishnamurthy and Miguel Chumbo www.nber.org/papers/w35742
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Reposted by David Mullin
Business Insider @businessinsider.com · 16/09/2026
SCOOP: Amazon is plotting a huge move to take on Walmart, with 1,000 same-day hubs that could change how America shops all over again. bit.ly/4xXBzXX
businessinsider.com
Amazon's next move could reshape how America shops -- all over again
Amazon plans 1,000 same-day fulfillment centers to challenge Walmart and bring inventory within 10 miles of most Prime customers in the US.
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Reposted by David Mullin
Tom Nichols @radiofreetom.bsky.social · 14/09/2026
My point is not to slag adjuncts but to defend them. Many universities treat them as migrant labor, and disposable - because they *can*, because there are more PhDs in the world than the market can ever possibly absorb. This is lunacy - and exploitative.
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Reposted by David Mullin
Mohamed A. El-Erian @elerianm.bsky.social · 13/08/2026
From the Financial Times: "A $25bn Treasury auction of 30-year bonds on Thursday drew yields as high as 5.22 per cent, according to the US Treasury department. It marked the highest yield since the 5.52 per cent paid in August 2001, after which 30-year auctions were suspended for almost five years"
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Reposted by David Mullin
Tim O’Brien @timobrien.bsky.social · 12/09/2026
OpenAI won’t go public in this year as the artificial intelligence company focuses on addressing safety-related concerns around the technology, Chief Executive Officer Sam Altman told Fortune in an interview. www.bloomberg.com/news/article...
bloomberg.com
OpenAI IPO Won’t Happen Until 2027, Sam Altman Tells Fortune
OpenAI won’t go public in this year as the artificial intelligence company focuses on addressing safety-related concerns around the technology, Chief Executive Officer Sam Altman told Fortune in an in...
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Reposted by David Mullin
Bill McBride @calculatedrisk.bsky.social · 11/09/2026
Goldman on UMich: "The University of Michigan’s index of consumer sentiment declined by more than expected in the September preliminary report. The report’s 1-year and 5-10-year inflation expectations measures both increased to 4.6% and 3.4%, respectively." Inflation expectations increasing ...
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David Mullin @rdmullin.bsky.social · 11/09/2026
Explore this gift article from The New York Times. You can read it for free without a subscription. www.nytimes.com/2026/09/11/s...
nytimes.com
How Did a Heart Drug With So Much Promise Fall So Flat? (Gift Article)
Cardiologists are struggling to figure out why a drug that should have prevented heart attacks didn’t work at all.
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Reposted by David Mullin
Carl Quintanilla @carlquintanilla.bsky.social · 09/09/2026
Some 52-week highs: Valero Chevron Phillips 66 Marathon ConocoPhillips Some 52-week lows: McDonalds Carnival Lowe’s AutoZone Nike TJX Lululemon Las Vegas Sands @cnbc.com
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Steve Rattner @steverattner.bsky.social · 04/09/2026
Native-born labor force participation just hit its lowest August on record. Despite the admin's claims, deportations are not freeing up jobs for Americans — 600,000 native-born workers have left the labor force in the past year.
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Reposted by David Mullin
The New York Times @nytimes.com · 08/09/2026
The reading scores of American 15-year-olds are near their lowest point in 25 years, according to new results of a key global exam released. U.S. math scores are also among the lowest since the test began in 2000.
nyti.ms
U.S. Reading Scores Plummet on Global Exam
Students in Singapore and parts of China had the highest scores on the test known as PISA. Scores for American students were near a 25-year low.
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Reposted by David Mullin
Justin Wolfers @justinwolfers.bsky.social · 06/09/2026
Lotta folks don't realize that Platypus Economics has its own podcast feed which is perfect for listening to those longer episodes in the car, or your earbuds. Next week is going to be a ripper. Don't miss out Add it to your podroll, here: pod.link/1523898793
pod.link
Platypus Economics with Justin Wolfers
Listen to Platypus Economics with Justin Wolfers wherever you get your podcasts!
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Reposted by David Mullin
The Wall Street Journal @wsj.com · 07/09/2026
For most U.S. workers—those without college degrees, that is—it is one of the best job markets in decades. In fact, the unemployment rate for workers ages 22 to 34 who never graduated from college has rarely been lower in the past two decades. on.wsj.com/3TdfLs2
on.wsj.com
Americans Without College Degrees Are Having One of the Best Job Markets in Years
Unemployment among younger workers who didn’t go to college has rarely been lower in recent decades. It is the opposite story for college graduates.
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Elise Gould @elisegould.bsky.social · 04/09/2026
Today's #jobs data can be considered a solid bounce back to relative weakness in June and July. Job growth has averaged 71k over the last 3 months. Weaker numbers for leisure and hospitality and unusual July losses in local government education employment seems to have resolved in August. #econsky
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Ben Zipperer @benzipperer.org · 04/09/2026
Trump's mass deportations were sold as a major jobs program, but they're still failing to help U.S.-born workers
Line plot title "US-born employment is lower in 2026" with subtitle "Employment to population ratio, US-born, ages 25-54"
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David Mullin @rdmullin.bsky.social · 03/09/2026
gcaptain.com/war-risk-cla...
gcaptain.com
War Risk Claims Top $2 Billion as Shipping Attacks Spread Beyond Hormuz
By Lori-Ann LaRocco – The payout to vessel owners damaged in the Iran War is the second-biggest payout for marine underwriters in more than a decade, according to maritime insurance...
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Reposted by David Mullin
Carl Quintanilla @carlquintanilla.bsky.social · 02/09/2026
“.. an Nvidia-backed AI developer is renting computing capacity from an Nvidia-backed cloud provider, using an Nvidia-leased data center that will be filled with Nvidia’s hardware.” @barrons.com $NVDA www.barrons.com/articles/nvi...
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David Mullin @rdmullin.bsky.social · 01/09/2026
www.bloomberg.com/news/feature...
bloomberg.com
Luxury Homes in Seattle Languish With AI Job Cuts and Taxes Hitting Tech Hub
The region is showing what happens when challenges to tech and wealth converge, a contrast to booming San Francisco.
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David Mullin @rdmullin.bsky.social · 01/09/2026
www.wsj.com/tech/apple-s...
wsj.com
The Apple Empire That John Ternus Inherits—By the Numbers
Tim Cook isn’t just passing the torch, he’s handing over one of the corporate world’s biggest successes.
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Reposted by David Mullin
Bloomberg News @bloomberg.com · 01/09/2026
Canada’s planned retaliation against US tariffs may help protect some domestic manufacturers, but it will increase costs and leave many industries worse off, according to a study from Oxford Economics
bloom.bg
Canada’s Tariff Counter-Punch Will Weaken Growth, Oxford Warns
Canada’s planned retaliation against US tariffs may help protect some domestic manufacturers, but it will increase costs and leave many industries worse off, according to a study from Oxford Economics.
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Reposted by David Mullin
The New York Times @nytimes.com · 29/08/2026
Meta, which owns Instagram and Facebook, seemed to have an impenetrable defense against child safety lawsuits for years. Here is how the $17.1 billion settlement that was announced on Wednesday came together, based on interviews, court documents and trial testimony. trib.al/z5XCxBd
Meta’s wavy blue logo on a sign in front of trees under a blue sky. A headline reads: "How Meta’s $17.1 Billion Social Media Settlement Came Together." Photo by Jason Henry for The New York Times
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Bloomberg News @bloomberg.com · 29/08/2026
The Canadian economy roared back in the second quarter, posting an impressive 3.3% annualized growth rate. Read more in the Canada Daily newsletter.
bloom.bg
Canada’s Technical Recession Disappears But Trade War Clouds the Horizon
Plus: Canada Goose bull turns bearish
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Joey Politano🏳️‍🌈 @josephpolitano.bsky.social · 27/08/2026
Official monthly data is in today, and US solar power generation hit a new record high, up 20% compared to this time last year!
a graph of US monthly solar generation
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Reposted by David Mullin
Bloomberg News @bloomberg.com · 27/08/2026
Meta’s plan to pay up to $18 billion in a sweeping settlement with almost every US state will resolve a slew of legal claims related to teenage users on the company’s social media platforms; but there are strings attached. Here's how the numbers break down.
bloom.bg
Meta’s $18 Billion Social Media Settlement by the Numbers
Meta Platforms Inc.’s plan to pay up to $18 billion in a sweeping settlement with almost every US state will resolve a slew of legal claims related to teenage users on the company’s social media platforms.
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David Mullin @rdmullin.bsky.social · 26/08/2026
www.wsj.com/health/pharm...
wsj.com
FDA Approves Drug for Pancreatic Cancer in Milestone for Treatment of Deadly Disease
Revolution Medicines’ therapy slows a cancer that kills seven out of eight patients within five years.
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