Kathleen Howley
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kkhowley.bsky.social
Kathleen Howley
@kkhowley.bsky.social
Financial journalist. Principal/senior reporter at Bankrate. Real Bostonian. Former Bloomberger. Rooting for democracy. Posting mostly about personal finance and the economy.
Reposted by Kathleen Howley
Good morning #BlueSky 😁💙

Me at the gym. 😂
April 26, 2025 at 3:47 PM
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April 3, 2025 at 10:40 PM
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the Dow is down more than 1,100 points (!) since opening 5 minutes ago
April 3, 2025 at 1:36 PM
Reposted by Kathleen Howley
It's getting a lot of attn today. But even before today most of the country had very little idea of what has happened at NIH or through it the entire ecosystem of biomedical research in the US. Simply put, Musk, Kennedy & Trump exploded a bomb right in the middle of cancer cure research in the US.
April 2, 2025 at 1:26 AM
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Let’s use our words this weekend.
March 28, 2025 at 10:33 PM
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Boston Fed chief Susan Collins: “It looks inevitable that tariffs are going to increase inflation in the near term.”
Fed's Collins says it is clear tariffs will drive inflation up near term
Federal Reserve Bank of Boston President Susan Collins said on Thursday that Trump administration tariffs will drive up U.S. inflation but it is unclear how persistent that upward pressure will be.
www.reuters.com
March 28, 2025 at 12:36 AM
Reposted by Kathleen Howley
A really powerful WWII era "don't be a sucker" piece, that explains how authoritarians have to separate and destroy groups of people so they can take power. I don't usually watch anything this long (22 min) but couldn't stop watching once I started this.
Please watch and rewatch this movie, in the U.S. Archives from the @usarmy.bsky.social #DontBeASucker a reminder of how the Nazis conned their country into becoming the cause of mass murder and all the other horrors that Nazis unleash. The lessons are true for the USA🇺🇸 , in 2025 youtu.be/vGAqYNFQdZ4
Don't Be a Sucker
YouTube video by US National Archives
youtu.be
March 23, 2025 at 2:04 AM
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Meanwhile Paul, Weiss has announced its rebranding to Neville, Chamberlain.
March 22, 2025 at 11:35 PM
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The Trump administration’s new restrictions on mRNA research funding will hinder development of mRNA-based cancer treatments.
March 22, 2025 at 12:57 PM
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“The idea of short-term pain for long-term gain is not a crazy idea in and of itself,” said Greg Mankiw, Harvard economist and former G.W. Bush CEA chair. But Mr. Trump’s trade policies are “short-term pain to get more long-term pain.” via @bencasselman.bsky.social www.nytimes.com/2025/03/18/b...
Trump Says a Recession Would Be Worth It, but Economists Are Skeptical (Gift Article)
President Trump and his advisers say his policies may cause short-term pain but will produce big gains over time. Many economists are skeptical of those arguments.
www.nytimes.com
March 19, 2025 at 11:19 AM
Reposted by Kathleen Howley
When there is uncertainty, lenders get persnickety about lending money.

And yes that’s an #econsky official term
Via Barnhart @barchart.com 42% of mortgage refinance applications are being rejected, the highest rate in AT LEAST the last 12 years #EconSky
March 19, 2025 at 9:48 AM
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Introducing my next foster dog, Dominic! He's 1-year old, weighs 14 lbs, and has already stolen my heart.
March 13, 2025 at 9:38 PM
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Oh so this was the red wave y’all were talking about
March 4, 2025 at 2:52 AM
Reposted by Kathleen Howley
Comments from Howard Lutnick, the secretary of Commerce, and Elon Musk have renewed concerns that the Trump administration could interfere with federal economic statistics.
with @colbylsmith.bsky.social #EconSky
www.nytimes.com/2025/03/04/b...
Lutnick Remarks on Removing Government Spending in GDP Data Raises Fears (Gift Article)
Howard Lutnick, the commerce secretary, suggested government spending should be excluded from data about U.S. economic output.
www.nytimes.com
March 4, 2025 at 3:15 PM
Reposted by Kathleen Howley
We’re witnessing a Brexit-level instance of completely unnecessary economic destruction. A country that’s not hit by any shock, but simply chooses policy self-harm.
JFC. The US Economic Policy Uncertainty Index is at its highest level since 2000, higher than during the Financial Crisis, higher than during COVID
February 26, 2025 at 11:28 PM
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The last time America increased tariffs like this, it was 1930 — and it triggered the Great Depression.
March 4, 2025 at 4:18 AM
Reposted by Kathleen Howley
Even after the deletions, DOGE's data still contains errors.

It still, for instance, claims credit for saving $53 million by cancelling a Coast Guard contract....which ended in 2005.
MORE DOGE DELETIONS...

Elon Musk's error-plagued effort has deleted about $4B *more* of the savings it claimed on its "wall of receipts." The total amount it claims to have saved has shrunk from $16 billion to $9 billion.

www.nytimes.com/2025/03/03/u...
Struggling With Errors, DOGE Deletes Billions More From List of Savings
For the second time in a week, Elon Musk’s government overhaul effort updated its “wall of receipts” to remove mistakes that inflated its success.
www.nytimes.com
March 3, 2025 at 6:40 PM
Reposted by Kathleen Howley
If you worked for 18F and got fired, Group together to start a consulting company.

It’s just a matter of time before DOGE needs you to fix the mess they inevitably create.

They will have to hire your company as a contractor to fix it. But on your terms.

I’m happy to invest and/or help
March 2, 2025 at 12:34 AM
Dana Milbank's column on personal liberty and free markets in WaPo today:
www.washingtonpost.com/opinions/202...
Opinion | Here’s the real threat to ‘personal liberties and free markets’
The rapidly spreading authoritarianism coming from this administration threatens all of our freedoms.
www.washingtonpost.com
February 28, 2025 at 3:50 PM