Stacey Vanek Smith
svaneksmith.bsky.social
Stacey Vanek Smith
@svaneksmith.bsky.social
Reposted by Stacey Vanek Smith
Tax cuts for the wealthy are, in theory, supposed to stimulate economic growth. So why don’t those benefits trickle down?
Why doesn’t trickle-down economics work in practice?
The very rich have 1,000 times more wealth than the poorest households, according to a new report. That wealth is not improving the livelihoods of other people in the economy.
www.marketplace.org
November 9, 2025 at 4:45 PM
The Onion fact-checking things is like the modern-day version of the tree falling in the forest...
November 9, 2025 at 5:20 PM
Reposted by Stacey Vanek Smith
Filmmaker Ken Burns discusses why the Trump administration killed the Corporation for Public Broadcasting with John Avlon: "It'll hurt mostly rural communities — maybe that's their intention. There'll be news deserts."
November 9, 2025 at 5:01 PM
Reposted by Stacey Vanek Smith
The Chinese government said on Sunday that it would suspend export controls for a year on five critical minerals for manufacturing. The changes would make it easier for U.S. firms to obtain key minerals, delivering on what the White House said the two countries had agreed to at a summit last month.
China Suspends Export Controls on More Critical Minerals
The changes would make it easier for American firms to obtain key minerals, delivering on what the White House said the two countries had agreed to at last month’s summit.
nyti.ms
November 9, 2025 at 5:11 PM
A Brief history of the Federal Reserve (+ a shout out to the Money Museum @stlouisfed.bsky.social )

#federalreserve #gold #economy
November 8, 2025 at 5:48 PM
Reposted by Stacey Vanek Smith
Our #PictureOfTheWeek is a bit fishy. 🍣

"Wildtype is the only company that is making and selling lab-grown fish to restaurants in the US," says SciFri Producer Kathleen Davis, who gave its salmon a try in San Francisco. Can you guess which fish is lab-grown and which is traditional in this photo?
November 5, 2025 at 12:41 PM
Reposted by Stacey Vanek Smith
Speaking w/ @nytimes.com, Miran defends his dissent for a 50bp cut at this week's Fed meeting, warning that the central bank risks inducing a recession if it does not swiftly lower rates. He expects the Fed to cut again in December and will likely dissent again

www.nytimes.com/2025/11/01/b...
Fed Risks a Recession if It Doesn’t Cut Rates Rapidly, a Top Official Warns
www.nytimes.com
November 1, 2025 at 12:45 PM
New York’s Haunted Bank ☠️

Come for the jump scares, stay for the harrowing historical metaphor.

My latest for @businessweektr.bsky.social @bloomberg.com

tinyurl.com/yp3fatvs
This New York Bank Has Lots of Frights Lurking in the Dark
Is a haunted house also a cautionary tale about private credit? Plus: A new episode of Everybody’s Business.
tinyurl.com
November 1, 2025 at 2:24 PM
One of the scariest, most destructive forces in the economy? Animal spirits 👻

I visit a haunted bank for @businessweektr.bsky.social @bloomberg

🎁 🔗 tinyurl.com/yp3fatvs
October 31, 2025 at 10:11 PM
The scariest economy of them all? Stagflation. 😱

Why it happens and why it should make your blood run cold.

#economy #inflation #jeromepowell
October 31, 2025 at 12:06 AM
Reposted by Stacey Vanek Smith
Wise words from an analyst here, on chocolate, "People are not buying it all the time, but when they want it, they want it.”
October 29, 2025 at 1:30 PM
Scary Economics: Deadweight loss ☠️ 🏋️‍♀️ 😭

It’s one reason economists don’t like tariffs. The deadweight loss trap is one where everybody loses: shoppers, stores, the government and… the entire economy

#economy #tariffs #spending
October 29, 2025 at 1:06 PM
The economy can be a scary place… full of pitfalls. In honor of Halloween, I’ll be talking about scary forces in the economy. 👻

Today: The Tragedy of the Commons

#economy #environment
October 28, 2025 at 1:08 PM
The economy can be a scary place… full of pitfalls. In honor of Halloween, I’ll be talking about scary forces in the economy. 👻

Today: the dreaded sunk-cost trap

#economy #jobs
October 27, 2025 at 3:40 PM
On this episode of Everybody's Business, @kyla.bsky.social joins @chafkin.bsky.social and me to discuss 3 economic indicators she’s watching right now

From @businessweektr.bsky.social
October 25, 2025 at 12:28 PM
How open should public companies have to be about 💰?? The hit debate over quarterly earnings. My latest for @businessweektr.bsky.social @bloomberg.com

🎁 🔗: tinyurl.com/mrybtatf
October 22, 2025 at 3:32 PM
Reposted by Stacey Vanek Smith
The Bureau of Labor Statistics, which publishes the most reliable economic data, has been a barebones operation since the shutdown began. In this episode, how this month’s data from the public and private sectors may be affected.

Plus: A skills bartering app, Gen Z whisperers, and job recruiters.
How's that BLS data coming along?
Some reports are delayed indefinitely, and that’s affecting private sector data, too. After that: A skills bartering app, Gen Z whisperers and job recruiters.
mktplc.org
October 20, 2025 at 11:13 PM
Reposted by Stacey Vanek Smith
This story is wiiiiiiild
EXCLUSIVE: One Saturday afternoon in October, my phone lit up with a notification.

I glanced down at the message.

“Anna, Lindsey Halligan here,” it began.

So began my text exchange with the woman who is prosecuting the president's perceived political enemies.

www.lawfaremedia.org/article/anna...
October 20, 2025 at 11:24 PM
Reposted by Stacey Vanek Smith
In South Africa, home to the world’s deepest gold mines, stocks are on track for the best year in two decades.
Gold’s Historic Rally Comes With a Bonus for Emerging Markets
A relentless surge in the price of gold is delivering windfalls across emerging markets, boosting investor confidence in countries that mine and buy the metal.
bloom.bg
October 19, 2025 at 2:00 PM
Reposted by Stacey Vanek Smith
As the country faces dwindling numbers of skilled workers, more companies are turning to the next generation. At this Alabama high school, dual enrollment coursework can give students the skills, and potentially credentials, needed for a leg up on their peers.
As demand for educated workers grows, a new kind of career tech emerges
At Baldwin Preparatory Academy in Alabama, students graduate with real-life skills and college credit.
www.marketplace.org
October 18, 2025 at 4:15 PM
Meet the man who bet a million dollars (!!!) on Taylor Swift’s album sales.

@domahhhh made the bet on @polymarket.bsky.social and spoke w/ me & @chafkin.bsky.social for Everybody’s Business last week. You can hear how he did this week. Check it out! (+ @bradstone.bsky.social is cohosting)
October 18, 2025 at 3:58 PM
Reposted by Stacey Vanek Smith
Come help me and @svaneksmith.bsky.social make everybody’s business bloomberg.avature.net/careers/Publ...
Podcast Producer - Contract
bloomberg.avature.net
October 16, 2025 at 7:38 PM
The Nobel Prize in economics this year was awarded to 3 economists and is all about innovation, creation and destruction. Aka creative destruction. One of my ✨favorite economic concepts and very relevant to the moment we’re in right now.

#nobel #economy #innovation #startup
October 14, 2025 at 3:15 PM
Overheard at dinner: “Do you think New York is the best city in the world?” “Probably, but I hate it.”
October 13, 2025 at 4:16 PM
The U.S. and China are now locked in a kind of trade trauma bond. And the stakes are very, very high

#economy #tariffs #trade
October 12, 2025 at 6:45 PM