Since President Trump took office, inflation is tracking at 1.9% — Ahhhhhh no. Vz are you getting your info from Joe Rogan. I gave you a big lesson in "prices" vs inflation go back and read it I'm not going to waste any of the children's time here. I actually buy stuff so I know. Prices are up up up and not coming down. Due to tariffs the average American now is only shouldering 20% or so of the new trump inflation. As earnings are affected, that will more and more get passed on to the average American. It is a waterfall of price increases: On everything you need- electricity! Concrete! wood, appliances, everything. Chocolate, booze... everything. The consumer price index rose 2.7% in July on an annual basis, according to the Bureau of Labor Statistics. “Core” goods prices are at their highest annual inflation rate in about two years, evidence that the Trump administration tariff policy is feeding through to higher prices, economists said.
However, there were worrying signs under the surface, including evidence that Trump administration policies are stoking inflation for certain goods and services, economists said. Those effects will likely become more pronounced later this year, they said. “Tariff and immigration policy fingerprints are all over the report,” Mark Zandi, chief economist of Moody’s, said. “The tariff and immigration effects aren’t screaming at us, but they’re certainly speaking very loudly and over the next couple months they’ll start yelling,” Zandi said. “This isn’t a one-month event,” said Sarah House, a senior economist at Wells Fargo Economics. “The impact will be dragged out over many months, as businesses are waiting to see where those tariffs settle.” They may test consumers’ price sensitivity slowly instead of all at once, she said. Companies may also still be selling old inventory that wasn’t subject to import duties, economists said.
Enjoy--: Here's the inflation breakdown for July 2025 — in one chart These are some of the core categories, plus other items with notable year-over-year price changes. The horizontal bars show notable year-over-year percent changes in prices for various consumer categories from the consumer price index for July 2025. Food at home (+2.2%) Eggs 16.4% 16.4% 16.4% Roasted coffee 14.8% 14.8% 14.8% Beef steaksUncooked 12.4% 12.4% 12.4% Ground beefUncooked 11.5% 11.5% 11.5% Candy + chewing gum 7.5% 7.5% 7.5% Juices + drinksFrozen, noncarbonated 6.8% 6.8% 6.8% Apples 6% 6% 6% Frozen fish + seafood(3) 5% 5% 5% BaconIncluding related products 4.6% 4.6% 4.6% OrangesIncluding tangerines 4.4% 4.4% 4.4% Bananas 4.3% 4.3% 4.3% Cookies 4.1% 4.1% 4.1% Chicken partsFresh + frozen 4.1% 4.1% 4.1% Olives, pickles, relishes 4.1% 4.1% 4.1% Dried beans, peas + lentils 3.7% 3.7% 3.7% Canned fruits + vegetables 3.2% 3.2% 3.2% Food away from home (+3.9%) At employee sites + schools 7.4% 7.4% 7.4% From vending machines + mobile vendors 5% 5% 5% Full-service meals + snacks 4.4% 4.4% 4.4% Energy (-1.6%) Utility (piped) gas service 13.8% 13.8% 13.8% Electricity 5.5% 5.5% 5.5% All items less food + energy (+3.1%) College textbooks 12.9% 12.9% 12.9% Audio equipment 12.4% 12.4% 12.4% Motor vehicle repair 11% 11% 11% Cigarettes 8% 8% 8% FurnitureLiving room, kitchen, dining room 7.6% 7.6% 7.6% Delivery servicesExcluding postage 7.6% 7.6% 7.6% Window + floor coveringsIncluding other linens 7.2% 7.2% 7.2% Nonelectric cookware + tableware 6.9% 6.9% 6.9% Tax return preparation + other accounting fees 6.5% 6.5% 6.5% Outpatient hospital services 6.4% 6.4% 6.4% Veterinarian services 6.4% 6.4% 6.4% Garbage + trash collection 6.3% 6.3% 6.3% Laundry equipment 6.2% 6.2% 6.2% Video + video game subscription / rental 6% 6% 6%
Aside from dried beans you are looking at 6%, 7% on most items.. IN ONE YEAR!!!!the steaks & hamburgers are even higher that represented here. I think they are taking into account bulk buying at Costco.. try buying a nice steak from a high end butcher. Once again I use all of this stuff. I know. Laundry detergent! Totally.. how about paper towels and toilet paper!!! Go try and buy that now... Lemons are 99 cents each unless i buy them on the corner fruit stand. then the car exhaust washes all over them. I make alot of lemonade.
Worksport sees FY25 revenue at greeater or equal to $20M » 08:13 WKSP Take-Two price target raised by $33 at Rothschild & Co Redburn, » 08:08 TTWO GBA Presents: The VPL Report- Why not just run with that? --::::
The Trump administration's proposed Golden Dome defense shield will consist of four integrated layers, one space-based and three on land, and 11 short-range missile batteries, according to a U.S. government presentation as reported by Reuters. The space-based sensing and targeting layerwill be for missile warning and tracking as well as missile defense. The land-based layers would consist of missile interceptors, radar arrays, and potentially lasers. The presentation mentioned a new large missile field possibly in the Midwest for Next Generation Interceptors made by Lockheed Martin (NYSE:LMT). NGIs are being developed for the Ground-Based Midcourse Defense system - which defends the U.S. against ballistic missiles. The U.S. already operates GMD launch sites in southern California and Alaska. The new proposed site would be part of the Golden Dome's "upper layer," alongside Terminal High Altitude Area Defense (THAAD) Aegis systems made by Lockheed (NYSE:LMT). The last lines of defense - the "under layer" and "Limited Area Defense" - would include new radars, current systems like the Patriot, and a new "common" interceptor launcher. Thepresentation- titled "Go Fast, Think Big!" - was shown to 3,000 contractors at an event in Alabama last week. President Donald Trump wants the Golden Dome to be fully operational by the end of his term in January 2029. The project draws inspiration from Israel's Iron Dome, but would be significantly bigger given the geography it would need to cover. It's unclear how many launchers, interceptors, and ground stations would be needed for the system. The Trump administration said the project would likely cost $175B, although Congressional Budget Office said the price tag could go up to $542B. Congress appropriated $25B for the Golden Dome in Trump's tax and spending bill.
Rocket Lab Corporation (NASDAQ:RKLB) announced on Tuesday that it had completed the acquisition of the parent holding company of Geost. Geost, which was founded in 2004 by Anthony Gleckler in Tucson, Arizona, specializes in developing advanced electro-optical and infrared sensor systems for spaceand defense applications. The company quickly established a reputation for delivering resilient sensor payloads crucial for national security missions, such as missile warning, tracking, and space domain awareness. Over two decades, Geost grew from a nimble startup into a leader in affordable, high-performance optical solutions. The acquisition was completed for $275 million before closing adjustments, comprising approximately $125 million in cash and 3,057,588 shares of Rocket Lab common stock, with an additional potential earnout of up to $50 million tied to future revenue targets of Geost’s business. With the closing of the transaction, Rocket Lab (NASDAQ:RKLB) said it secures its status as a disruptive prime contractor for next-generation defense initiatives like the Golden Dome for America concept, and the Space Development Agency’s Proliferated Warfighter Space Architecture, adding Optical Systems to its portfolio of capabilities as a provider of complete, mission-ready spacecraft for U.S. national security programs. Notably, Geost's EO/IR technologies support missile warning and tracking, tactical intelligence, surveillance, reconnaissance, Earth observation, and space domain awareness, core capabilities critical to U.S. space assets operating in increasingly contested environments. "Being able to quickly build and deploy entire satellite systems is the cornerstone of future U.S. defense strategy, and with this acquisition, we’re accelerating the delivery of mission critical payloads that support U.S. national security projects," highlighted Rocket Lab (RKLB) CEO Sir Peter Beck. "This acquisition strengthens our role in building the resilient, responsive space architecture envisioned under Golden Dome, combining Geost’s proven sensing technologies with Rocket Lab’s ability to scale fast, secure, and integrated space solutions," he added.