There are a few guys - and they are mostly guys - who are profiting from Trump's war in Iran. Oil & gas CEOs have raked in $23B in extra profits.
That's no accident: they have been lobbying Trump hard to keep those prices high. @AlexSJacquez on @majorityfm breaks it down.
🚨NEW: 66% of Americans believe Trump has used the power of the presidency to enrich himself, his family, & his political allies.
We and @econliberties found it's driving up costs for working families. Big time.
Our @ENPancotti joined @ddayen, Rep. @emmagreenman, @NicORourkePHL, & @RepRabb to present at this year's @Netroots_Nation!
They showed how unchecked corporate power is pushing our communities into an affordability crisis, & the real solutions available to elected officials.
WATCH: The cost of living crisis is hitting Americans of all stripes. The only thing that makes that worse is if you don't have a lot coming in every month", @owenslindsay1 warns on @MSNOWNews.
"Young people are getting hit hard with the combination of rising prices & low
Next time you're paying $4.50 per gallon at the pump, remember oil and gas company CEOs have raked in $23 billion in *excess* profits thanks to Trump's war with Iran.
Instead of helping increase supply, they're taking those profits and giving them right back to shareholders.
This headline doesn't paint the full picture:
🤏 Hiring is concentrated in just a few industries
📈 Long-term joblessness has climbed to its highest share since 2021
🐢 Paychecks are not keeping pace with record price increases driven by Trump’s tariffs & his war in Iran
The US adds 172,000 jobs in May, far topping estimates. Follow live updates: https://www.bloomberg.com/news/live-blog/2026-06-05/us-employment-report-for-may?taid=6a22c463b189380001a03cbb&utm_campaign=trueanthem&utm_content=business&utm_medium=social&utm_source=twitter
American consumers are justifiably angry.
We're losing $165 billion a year on the “annoyance economy” or what we pay in time, fees, and irritation to navigate our daily lives.
As our @ChadMaisel notes: "It's a very toxic cycle."
New York just passed the One Fair Price Act, which bans corporations from using your personal data to charge you more than your neighbor for the same item.
80% of New Yorkers support it.
This is what happens when research meets power.
🚨 UPDATE: New York scored a huge win for consumers by passing the One Fair Price package to BAN corporate surveillance pricing.
From @TheAthleticFC: The price of watching live sport in the U.S. has ballooned — and the World Cup is taking full advantage of the landscape. “In chasing maximum revenue, FIFA risks shrinking the very audience that made the World Cup seemingly priceless.” https://nyti.ms/4ocPLrV
Health care companies donated millions to Trump's inauguration. Now:
🔪 Medicaid is gutted
😷 ~5 million people will lose their health care this year
📈 ACA premiums are up 58%
🏥 🚫 115 hospitals have closed or reduced services
That's the cost of Trump's corruption.
Will the Knicks get it in 6? Do you have money on Wemby MVP? Or Brunson over 26.5? Before you make that bet - hold on.
Companies like FanDuel and DraftKings have engineered their platforms to be addictive using AI. It's Big Business with a heavy cost to your wallet.
A college degree used to mean a bright, prosperous future.
But today’s college grads are facing economic instability and dismal hiring odds..
Janelle Jones, Senior Fellow at @Groundwork, on how Gen Z is facing multiple crises right now.
.@TheProspect recently did away with all digital ads.
Despite it being a source of revenue, they realized the ads were mostly benefiting Google & Facebook. The result?
In the month since, the amount of time people spend on the Prospect site has nearly doubled.
If you’ve got $1 million in your 401(k) to pull out, Trump can probably help you with any cost of living issues you may be facing.
