Paul Wiseman
@pwiseman1129.bsky.social
I report on the economy and trade policy for the Associated Press. Would love to hear your stories and story ideas at pwiseman@ap.org
Reposted by Paul Wiseman
In case you have never seen this.
December 13, 2025 at 10:38 PM
In case you have never seen this.
Reposted by Paul Wiseman
One of the most interesting things about the "K-shaped economy," with higher-income households pulling away from lower-income earners, is how some large companies are re-shaping their businesses in response. Read our story for more:
apnews.com/article/ksha...
apnews.com/article/ksha...
December 1, 2025 at 2:39 PM
One of the most interesting things about the "K-shaped economy," with higher-income households pulling away from lower-income earners, is how some large companies are re-shaping their businesses in response. Read our story for more:
apnews.com/article/ksha...
apnews.com/article/ksha...
Reposted by Paul Wiseman
Amazing story here -- Officials at Fannie Mae sounded alarm about potentially inappopriate data sharing by Trump appointees, got fired. @apnews.com:
apnews.com/article/fann...
apnews.com/article/fann...
Top Fannie Mae officials ousted after sounding alarm on sharing confidential housing data
A confidant of Bill Pulte, the Trump administration’s top housing regulator, provided confidential mortgage pricing data from Fannie Mae to a principal competitor.
apnews.com
November 14, 2025 at 3:48 PM
Amazing story here -- Officials at Fannie Mae sounded alarm about potentially inappopriate data sharing by Trump appointees, got fired. @apnews.com:
apnews.com/article/fann...
apnews.com/article/fann...
Reposted by Paul Wiseman
"Teenage Wasteland" is maybe the best two-word phrase in rock history and frickin Pete Townshend had to name the song "Baba O'Riley"
November 13, 2025 at 6:58 PM
"Teenage Wasteland" is maybe the best two-word phrase in rock history and frickin Pete Townshend had to name the song "Baba O'Riley"
Reposted by Paul Wiseman
Our story: apnews.com/article/bost...
Atlanta Fed president Bostic to retire in February, opening seat on key committee
Raphael Bostic, president of the Federal Reserve Bank of Atlanta, is retiring at the end of his current term in February, opening up a new seat on the Fed’s interest-rate setting committee at a time t...
apnews.com
November 12, 2025 at 3:05 PM
Our story: apnews.com/article/bost...
Reposted by Paul Wiseman
Gonna start aura farming every good book I read (no spoilers I’m not done but it’s so good)
November 4, 2025 at 6:35 PM
Gonna start aura farming every good book I read (no spoilers I’m not done but it’s so good)
Reposted by Paul Wiseman
It’s been just one month with little official economic data.
October 31, 2025 at 4:43 PM
It’s been just one month with little official economic data.
Reposted by Paul Wiseman
President Trump has pardoned Binance founder Changpeng Zhao, whose crypto exchange has been boosting the Trump family's own crypto venture.
Exclusive | Trump Pardons Convicted Binance Founder
The pardon follows months of efforts by Changpeng Zhao to boost Trump crypto company
on.wsj.com
October 23, 2025 at 3:10 PM
President Trump has pardoned Binance founder Changpeng Zhao, whose crypto exchange has been boosting the Trump family's own crypto venture.
Reposted by Paul Wiseman
US-China tariffs: where do they currently stand?
- US average tariff on imports from China: 57.6%
- China average tariff on imports from US: 32.6%
Note: We have been updating this chart since September 2019
- US average tariff on imports from China: 57.6%
- China average tariff on imports from US: 32.6%
Note: We have been updating this chart since September 2019
US-China Trade War Tariffs: An Up-to-Date Chart
Average US tariffs on Chinese exports now stand at 57.6 percent and cover 100 percent of all goods. China's average tariffs on US exports are at 32.6 percent and cover 100 percent of all goods. US tar...
www.piie.com
October 11, 2025 at 3:38 PM
US-China tariffs: where do they currently stand?
- US average tariff on imports from China: 57.6%
- China average tariff on imports from US: 32.6%
Note: We have been updating this chart since September 2019
- US average tariff on imports from China: 57.6%
- China average tariff on imports from US: 32.6%
Note: We have been updating this chart since September 2019
Good story by AP's Jill Colvin apnews.com/article/trum...
Trump no longer distancing himself from Project 2025 as he uses shutdown to further pursue its goals
President Donald Trump is now openly embracing the conservative blueprint he desperately tried to distance himself from during the 2024 campaign.
apnews.com
October 3, 2025 at 5:33 PM
Good story by AP's Jill Colvin apnews.com/article/trum...
Reposted by Paul Wiseman
I just spent a week in Portland. The city was busy with tourists and locals enjoying late summer. A prosperous downtown. Factually, there is no observable evidence of a city needing military intervention. A reminder that this is not normal. Please pay attention.
President Trump said Saturday he will send troops to Portland, "authorizing Full Force, if necessary" to handle "domestic terrorists" as he expands his controversial deployments to more U.S. cities.
Trump says he'll send troops to Portland, Ore., to handle 'domestic terrorists'
President Trump said Saturday he will send troops to Portland, "authorizing Full Force, if necessary" to handle "domestic terrorists" as he expands his controversial deployments to more U.S. cities.
n.pr
September 27, 2025 at 4:20 PM
I just spent a week in Portland. The city was busy with tourists and locals enjoying late summer. A prosperous downtown. Factually, there is no observable evidence of a city needing military intervention. A reminder that this is not normal. Please pay attention.
Reposted by Paul Wiseman
Reposted by Paul Wiseman
Reposted by Paul Wiseman
I had the pleasure of speaking with @davidjlynch.bsky.social about his new book "The World’s Worst Bet" (currently #1 on Amazon for Globalization!)
We spoke about the disproportionate impacts of globalization, economic development, and AI.
Listen here: open.substack.com/pub/thedevel...
We spoke about the disproportionate impacts of globalization, economic development, and AI.
Listen here: open.substack.com/pub/thedevel...
Where did we go wrong with globalization?
And the effort and empathy necessary to make it right
open.substack.com
September 10, 2025 at 12:43 PM
I had the pleasure of speaking with @davidjlynch.bsky.social about his new book "The World’s Worst Bet" (currently #1 on Amazon for Globalization!)
We spoke about the disproportionate impacts of globalization, economic development, and AI.
Listen here: open.substack.com/pub/thedevel...
We spoke about the disproportionate impacts of globalization, economic development, and AI.
Listen here: open.substack.com/pub/thedevel...
Reposted by Paul Wiseman
ICYMI: Trump’s efforts to exert more control over the Federal Reserve could over time boost inflation and interest rates. Our story:
apnews.com/article/fede...
apnews.com/article/fede...
September 2, 2025 at 12:29 PM
ICYMI: Trump’s efforts to exert more control over the Federal Reserve could over time boost inflation and interest rates. Our story:
apnews.com/article/fede...
apnews.com/article/fede...
Reposted by Paul Wiseman
Yellen not at all pulling her punches in this op-ed for the FT www.ft.com/content/d2ea...
August 27, 2025 at 2:34 PM
Yellen not at all pulling her punches in this op-ed for the FT www.ft.com/content/d2ea...
Reposted by Paul Wiseman
Great story www.nytimes.com/2025/08/25/b...
The Real Reason Americans Worry About Trade
www.nytimes.com
August 25, 2025 at 1:34 PM
Great story www.nytimes.com/2025/08/25/b...
Reposted by Paul Wiseman
The official Sept. 9th launch event for my new book "The World's Worst Bet: How The Globalization Gamble Went Wrong (and What Would Make It Right.)" www.csis.org/events/book-...
Book Talk: The World’s Worst Bet with David J. Lynch | CSIS Events
Join CSIS for a chat with award-winning Washington Post journalist David J. Lynch about his new book and the downsides of globalization.
www.csis.org
August 14, 2025 at 3:54 PM
The official Sept. 9th launch event for my new book "The World's Worst Bet: How The Globalization Gamble Went Wrong (and What Would Make It Right.)" www.csis.org/events/book-...
Reposted by Paul Wiseman
August 12, 2025 at 1:01 AM
Reposted by Paul Wiseman
Data analysis indicates US businesses and consumers are paying at least 3/4 of tariffs:
First chart is Goldman Sachs' estimate of breakdown. Second is Capital Economics showing little decline in pre-tariff import prices, a sign exporters aren't cutting costs to offset duties:
First chart is Goldman Sachs' estimate of breakdown. Second is Capital Economics showing little decline in pre-tariff import prices, a sign exporters aren't cutting costs to offset duties:
August 11, 2025 at 3:38 PM
Data analysis indicates US businesses and consumers are paying at least 3/4 of tariffs:
First chart is Goldman Sachs' estimate of breakdown. Second is Capital Economics showing little decline in pre-tariff import prices, a sign exporters aren't cutting costs to offset duties:
First chart is Goldman Sachs' estimate of breakdown. Second is Capital Economics showing little decline in pre-tariff import prices, a sign exporters aren't cutting costs to offset duties:
Reposted by Paul Wiseman
One question for Trump: If the July jobs numbers were "rigged," as he claimed again this morning, will they at some point be withdrawn and replaced with "correct" numbers?
August 4, 2025 at 1:16 PM
One question for Trump: If the July jobs numbers were "rigged," as he claimed again this morning, will they at some point be withdrawn and replaced with "correct" numbers?
Reposted by Paul Wiseman
Reposted by Paul Wiseman
IG update: As of May, IRS workforce was down 25% from this year's 103,000 starting point.
Pretty even spread over job types, including a 26% decline in revenue agents (auditors).
Here are all the details:
www.tigta.gov/sites/defaul...
Pretty even spread over job types, including a 26% decline in revenue agents (auditors).
Here are all the details:
www.tigta.gov/sites/defaul...
www.tigta.gov
July 22, 2025 at 1:48 PM
IG update: As of May, IRS workforce was down 25% from this year's 103,000 starting point.
Pretty even spread over job types, including a 26% decline in revenue agents (auditors).
Here are all the details:
www.tigta.gov/sites/defaul...
Pretty even spread over job types, including a 26% decline in revenue agents (auditors).
Here are all the details:
www.tigta.gov/sites/defaul...
Reposted by Paul Wiseman
Trump has cited the Federal Reserve's costly renovation of two buildings as a potential firing offense for Chair Jerome Powell.
But in 2020, Trump appointees pushed the Fed to use more marble, and now WH officials cite "white marble" as an extravagance. W/Josh Boak:
apnews.com/article/powe...
But in 2020, Trump appointees pushed the Fed to use more marble, and now WH officials cite "white marble" as an extravagance. W/Josh Boak:
apnews.com/article/powe...
Trump appointees pushed more marble in Fed building renovation White House now attacks
President Donald Trump has looked to the marble finishes and hefty price tag of the Federal Reserve headquarters to claim grounds to fire Chair Jerome Powell, with whom he has tussled for years over i...
apnews.com
July 18, 2025 at 3:10 PM
Trump has cited the Federal Reserve's costly renovation of two buildings as a potential firing offense for Chair Jerome Powell.
But in 2020, Trump appointees pushed the Fed to use more marble, and now WH officials cite "white marble" as an extravagance. W/Josh Boak:
apnews.com/article/powe...
But in 2020, Trump appointees pushed the Fed to use more marble, and now WH officials cite "white marble" as an extravagance. W/Josh Boak:
apnews.com/article/powe...
Reposted by Paul Wiseman
Good story here from @apnews.com’s @jeffamy.bsky.social:
apnews.com/article/geor... A Georgia town that solidly backed Trump could fall victim to his tax bill's green energy cuts
apnews.com/article/geor... A Georgia town that solidly backed Trump could fall victim to his tax bill's green energy cuts
A Georgia town that solidly backed Trump could fall victim to his tax bill's green energy cuts
No state may have more to lose than Georgia as Republicans in Congress look to gut federal subsidies that aid both the solar and electric vehicle industries.
apnews.com
July 1, 2025 at 1:11 PM
Good story here from @apnews.com’s @jeffamy.bsky.social:
apnews.com/article/geor... A Georgia town that solidly backed Trump could fall victim to his tax bill's green energy cuts
apnews.com/article/geor... A Georgia town that solidly backed Trump could fall victim to his tax bill's green energy cuts