- Jul 27, 2021
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.Popped a gasket Joey?
He/she/it uses lame 70's films for political resources.
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.Popped a gasket Joey?
Wow, that's a lot of blabber to try to distract.Latest estimate: 3.8 percent — May 30, 2025
The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2025 is 3.8 percent on May 30, up from 2.2 percent on May 27. After recent releases from the US Census Bureau and the US Bureau of Economic Analysis, the nowcast of the contribution of net exports to second-quarter real GDP growth increased from -0.64 percentage points to 1.45 percentage points, while the nowcasts of second-quarter real personal consumption expenditures growth and second-quarter real gross private domestic investment growth declined from 3.7 percent and -0.2 percent, respectively, to 3.3 percent and -1.4 percent.
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- Companies such as UPS, Meta, Microsoft, BlackRock, and Block are conducting layoffs.
- Artificial intelligence is reshaping some workforces.
- See the list of companies letting workers go in 2025.
Layoffs and other workforce reductions are continuing in 2025, following two years of significant job cuts across tech, media, finance, manufacturing, retail, and energy.
While the reasons for slimming staff vary, the cost-cutting measures are coming amid a backdrop of technological change. In a recent World Economic Forum survey, some 41% of companies worldwide said they expected to reduce their workforces over the next five years because of the rise of artificial intelligence.
Companies such as CNN, Dropbox, and Block have previously announced job cuts related to AI. Tech jobs in big data, fintech, and AI are meanwhile expected to double by 2030, according to the WEF.
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The list of major companies laying off staff this year, including Morgan Stanley, Wayfair, UPS, and Meta
Layoffs have hit companies from HPE to Meta and Boeing already this year amid a backdrop of cost-cutting and technological change.www.businessinsider.com
Looks more like your own stupidity is the issue.
$1.2 trillion in credit card debt which I already showed you is dragging the economy down.
Get all the dolls you want, just pay cash.
It's a comedy classic..
He/she/it uses lame 70's films for political resources.
.
Oh no............Joe.GDP Shrank in Q1. It might have an artificial boost in Q2 as people rushed out to buy things before TACO Trump's tariff's hit, but that will be followed by another dip and probably a recession this year or early next year.
Leave the lights on for us........Then the GOP is toast.
.It's a comedy classic.
So you have no sense of humor, either?
Why should they? THey still get their $100.00 for the widget, even if Trump made that widget cost $245.
What if the importers aren't buying as many widgets because they aren't selling as many widgets? Would the foreign suppliers eat some of the tariff in order to sell more product to the "rich" US market? What if they lose the importer all together? You severely underestimate the power of the US consumer and just how much China relies on them. Most imported goods are not necessities.
Doubling their shipping and processing costs.The Chinese have already figured out ways to get around US Tariffs, such as shipping to countries with no tariffs and just relabeling the product.
Not really.Doubling their shipping and processing costs.
Yes, really.Not really.
No, they probably wouldn't.
The Chinese have already figured out ways to get around US Tariffs, such as shipping to countries with no tariffs and just relabeling the product.
The consumer isn't the problem here. If the consumers chose American products, there wouldn't be a market for Chinese ones.
It's same as asking why Democrats don't give a damn about open border and importing gangbangers but threw a hissy fit when Trump deports them. You're not going to get an answer or an honest one if they answer.Has anyone asked why no one seemed to care about Presidents putting tariffs on other countries in the past? Like Biden, Trump the first time he was President, Obama, Bush etc. There were arguments on this board on who was tougher with their tariffs Biden or Trump way way back in 2020.