July 28, 2025: Daily Economic Headlines for YOUR Consideration!

US Electricity Electricity Prices Across the United States Have Continued Their Steep Climb Since Donald Trump Returned to the Presidency in January 2025.
With average residential rates rising faster than the pace of inflation and reaching their highest point in over a decade. Between January and June 2025, electricity prices in the US have risen approximately 6%, according to official data from the US Bureau of Labor Statistics.

The national average price per kilowatt-hour increased from 17.9¢ in January to 19.0¢ in June, marking a confirmed 6.15% increase over the six-month period… (Continue to full article)

Bill Gates Gave So Much Money Away That $51 Billion Just Got Swiped From His Net Worth ~ Now His Former No. 2 and Microsoft Successor Steve Ballmer Is Wealthier Than He Is
Bill Gates was once the richest man in the world for 18 years, and currently boasts a jealousy-inducing net worth of $124 billion from cofounding the software titan Microsoft. But now his former right-hand man has more money in his bank account than he does, thanks to Gates’ billion-dollar philanthropic spending.

On July 3 last week, Gates was standing on a fortune of $175 billion, ranked as the fifth-wealthiest person alive on the Bloomberg Billionaire Index. But his wealth plummeted over the span of the next couple of days as $51 billion was drained from his net worth, shooting him down the list to 12th place right below fellow tech pioneer Michael Dell.

Gates’ wealth disappeared so rapidly as the index readjusted for the 69-year-old technology mogul’s philanthropic efforts… (Continue to full article)

Social Security Gets ‘Trump Bump
Social Security beneficiaries are bracing for what has been dubbed the “Trump bump” in their cost-of-living adjustment (COLA) for 2026, attributed directly to President Donald Trump‘s tariff and trade policies.

This anticipated increase comes at a pivotal time, as the average monthly benefit has recently surpassed $2,000 for the first time in the program’s history, providing a crucial lifeline for aging workers.

According to Gallip polling data, the Social Security Administration revealed that approximately 80% to 90% of retirees rely on their benefits as a significant financial resource. This revelation highlights the importance of accurately predicting their monthly payouts… (Continue to full article)

The 7 Types of AI Agents Taking Over Your Job

Trump’s “Big Beautiful Bill” Is a Grotesque Giveaway to Fossil Fuel Billionaires While Adding $3.3 Trillion to Nation’s Debt
Aren’t Republicans the candidates who got elected promising to bring down the spiraling U.S. debt and annual deficits?

Yesterday, the national debt clocked in at $37 trillion as the Congressional Budget Office (CBO) released a report showing that President Donald Trump’s “One Big Beautiful Bill Act” would add $3.3 trillion to the national debt over the next decade.

Donald Trump has been a master of Orwell’s reverse-speak throughout his life. So when he labels federal legislation “Beautiful” when it actually gives massive tax breaks to the wealthiest Americans while cutting critical food and health care benefits to the poor and middle class, Americans should finally accept that they have a clear window into the soul and sociopathy of multi-billionaire Donald Trump…

It sounds more like ‘Big Beautiful BULLSHIT’ (Continue to full article)

…an utter train wreck!

10 Economic Facts That Nobody Can Deny
If you ask 1,000 different Americans about the state of the U.S. economy, you will get 1,000 different opinions.

But what is the truth? In this article, I am going to share information with you that is indisputable. I like to examine things from an analytical point of view, and so I always want to know what the cold, hard numbers are telling me. And what the cold, hard numbers are telling me is very troubling.

The following are 10 economic facts that nobody can deny…… (Continue to full article)

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