Computer software and accessory prices for consumers spiked more than 17 percent in the past year, the largest increase since records began in 1997. washingtonpost.com/business/2026/…
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Andrew Ackerman
9.5K posts
Andrew Ackerman
@amacker
Covering the Federal Reserve and #finreg for @washingtonpost. Formerly @wsj [email protected] DC via ATL & MCO
Washington, DC Katılım Ekim 2007
2.1K Takip Edilen10.7K Takipçiler
Andrew Ackerman retweetledi
The Fed thinks it has its foot on the brake pedal, but it actually has its foot on the gas, says AEI’s @MichaelRStrain to @amacker of @washingtonpost washingtonpost.com/business/2026/…
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Graham Nordone grew up with her brother in a small room behind a bar run by their parents called the Sanitary Cafe, and later moved into a trailer and a house next door. But when she was 11, their mother died. Their father died when she was 13. washingtonpost.com/politics/2026/…
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New from me: American businesses are convinced higher inflation is here to stay, as the forces behind it multiply. Tariffs are still grinding through supply chains, the Iran war keeps oil on edge, and AI data centers are bidding up components and electricity.
wapo.st/4fdhQeu
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Who says we can't do infrastructure? It just takes years and years.
“When we finish the Piney Branch Tunnel, it will hold at least 4.2 million gallons of rainwater and wastewater during heavy storms.” #more-346833" target="_blank" rel="nofollow noopener">popville.com/2026/07/piney-…
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Fed chief taps Trump ally Marc Andreessen to advise on how AI reshapes work wapo.st/3R9yRhN
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"The global economy overall is performing better than many economists feared when the conflict began." wapo.st/3R2zqK4
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Better Markets exactly two years ago: Christy is “uniquely highly qualified.” bettermarkets.org/newsroom/fact-…
Better Markets@BetterMarkets
Schumer’s preferred SEC nominee, Goldsmith Romero, is unqualified and untrustworthy. Her flip-flop vote to drop litigation against Kalshi unleashed unregulated nationwide gambling and likely previews future backroom deals for crypto and prediction markets. Link in the comments.
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@DanielMKishi Any shock raises prices. Maybe do more to address the long term supply shortage.
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Yes, the paper says illegal immigration explains 30% of housing price run up, not that it raised prices by 30%. But that’s still…a lot of money, and cold comfort to Americans subjected to those higher prices.
Andrew Ackerman@amacker
In the average metro area, unauthorized immigration raised home prices by 6.6 percent from early 2021 to early 2024, per a Dallas/SF Fed paper the White House is touting. But that explains at most 30% of the run-up — meaning at least 70% came from other factors. My story on what the paper actually says: wapo.st/4h4aigy
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Fifield is the second woman to allege this week that Platner engaged in nonconsensual sexual conduct. washingtonpost.com/politics/2026/…
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In the average metro area, unauthorized immigration raised home prices by 6.6 percent from early 2021 to early 2024, per a Dallas/SF Fed paper the White House is touting.
But that explains at most 30% of the run-up — meaning at least 70% came from other factors.
My story on what the paper actually says:
wapo.st/4h4aigy
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Andrew Ackerman retweetledi
Maybe the process to rise from random guy to US Senator should take more than a few minutes theatlantic.com/politics/2026/…
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Belgium - low country, low morals — loses its FIFA appeal nytimes.com/athletic/74247…
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Ahead of Monday's ruling, several Fed watchers feared the White House would simply follow whatever process the Supreme Court outlined for for-cause removals at the Fed.
Rohit Chopra@ChopraUSA
While the Supreme Court blocked President Trump from removing Lisa Cook from the Federal Reserve Board, the justices did not prevent him from pursuing further removals. The Court ruled that the President must give some notice and a rationale, but didn't foreclose removal.
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"A group of justices from across the court’s ideological spectrum ruled Cook could keep her job while a lawsuit challenging her dismissal plays out in the courts. The case could take months or years to resolve and could eventually appear before the high court again on appeal."
washingtonpost.com/politics/2026/…
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Justice Thomas, alone among the nine member of the Supreme Court, argues the Fed is essentially an executive agency subject to presidential control. He has a rejoinder to the majority: the Court treats the firing of a Fed governor as historically extraordinary, while ignoring that today's injunction blocking a presidential removal is itself without precedent in the Constitution's 237-year history.
Again, definitely an outlier position in today's ruling (at odds with the Trump administration's own legal position on Fed independence.)
washingtonpost.com/politics/2026/…
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