The U.S. economy expanded at a sluggish 1.5% pace from April through June
as rising imports weighed on growth
-- yet consumers continued to spend.
And the Federal Reserve’s favored measure of inflation grew more slowly last month
-- but it remained above the central bank’s 2% target at a time when Americans are frustrated about the high cost of living ahead of the midterm elections, now less than 100 days away.
#Greenpeace kritisiert neue klimaschädliche #Subventionen der #Bundesregierung im Umfang von elf Milliarden Euro.
Genannt werden unter anderem
🇺🇦 #NowPlaying on KEXP's #VarietyMix
Savoy Motel:
🎵 Sorry People
#SavoyMotel
https://savoymotel.bandcamp.com/track/sorry-people
https://open.spotify.com/track/5hJCdBKB1m6r1BNb5xataW
"Arms spending is an inefficient way to create employment, since the industry is in Marxist terms, weighted towards constant rather than variable capital, investing in high-tech equipment rather than labour.
Moreover, as Rutte revealed last week, much of the money will be spent on US firms which, already geared to the enormous Pentagon budget, can outbid British rivals for most applications and contracts."
Arms spending plan is a threat to our future | Morning Star
…
Mamdani plans to spend $5.2M on his propaganda office: 'Morally incomprehensible' (Gabrielle Fahmy/New York Post)
https://nypost.com/2026/05/31/us-news/nyc-mayor-mamdani-plans-to-spend-5-2-million-on-his-office-of-mass-engagement/
http://www.memeorandum.com/260531/p44#a260531p44
Adobe: online spending across all retailers in the US hit $26.4B during Amazon's four-day Prime Day event, up 9.3% YoY; Walmart and Target also hosted sales (Spencer Soper/Bloomberg)
https://www.bloomberg.com/news/articles/20
Elon Musk is ready to really throw his weight around for the midterm elections in November.
Musk has authorized his super PAC to spend as much as $120 million helping Republicans, according to a new report from the New York Times.
In May, it was reported Musk had already spent $85 million on this cycle, making him the third-largest donor for the midterms to that point.
Musk’s PAC, known as America PAC, will focus on the so-called ground game -- knocking on doors and helping …