The Simon Abundance Index 2025
Economics
Longer hair, nails at home, fewer facials: How economic warning signs are flashing at the salon
Salon owners say they're seeing a shift in their clients' spending that could be a warning sign for what's ahead for the wider economy.
The Federal Reserve’s economic vibe check shows businesses are spooked by tariffs
Notably, many of the businesses reportedly feeling the crunch are manufacturers, which the administration has proclaimed would benefit from tariffs....
Imports are about to collapse at America’s busiest port
A steep drop in the scheduled arrival of cargo ships is expected in the coming weeks....
Japan eats Korean rice during shortage
South Korea is shipping rise to Japan for the first time in more than a quarter century.
Saying 'please' and 'thank you' to ChatGPT costs millions of dollars, CEO says
Saying "please" and "thank you" to ChatGPT has cost OpenAI "tens of millions of dollars," the company's CEO said on social media last week.
‘Conclave’ Viewership Soars After Pope Francis’ Death, Up 283% to Nearly 7 Million Minutes Watched
The death of Pope Francis has resulted in an increase in views of the movie "Conclave," which centers on the selection of a new Pope.
Trump threatens to fire Fed Chair Powell
The President wants interest rates lowered or else.
Why Tariffs Don’t Fix Trade Deficits - FEE
Imagine two businesses across the street from each other: a hardware store and a café. Once a year, the café buys a set of pans from the hardware store to
How has Trump changed crypto in his first 100 days
As we approach April 30, 2025, how has the “crypto president” kept his campaign promises?...
President Donald Trump is itching to fire Fed Chair Jay Powell
The president said Jerome Powell of the Fed “is always TOO LATE AND WRONG.”...
Meta's antitrust trial heats up: Here's what we've learned so far
Plus, a report details the price Meta was willing to pay to avoid the trial altogether
This is why Canada has plenty of eggs — and the U.S. doesn't
While the U.S. grapples with an egg shortage caused by avian flu, eggs remain plentiful and affordable in Canada. There are reasons for that, including that egg farms there tend to be smaller.
BDA7279A-CAE3-4583-9DB7-239ADBD76972.png
Can Easter find an alternative egg supply?
The kids either need to get their designs right on the first try or be cool with cheaper alternatives.
Google holds illegal monopolies in ad tech, US judge finds
Alphabet's Google illegally dominates two markets for online advertising technology, a judge ruled on Thursday, dealing another blow to the tech giant and paving the way for U.S. antitrust prosecutors to seek a breakup of its ad products.
Tesla's unsold inventory is creating stockpiles you can see from space
Where have all the Teslas gone? Stored in parking lots, every one....
Chinese TikTokers are promising luxury goods directly from the factories
There is a very strong possibility these wholesalers are not legit.
Elon Musk Channels Milton Friedman’s Pencil: The Message of Free Trade - FEE
Trade wars are back in fashion. And so is Milton Friedman.
Why Do Domestic Prices Rise with Tariffs? - FEE
Many people think they understand why domestic prices rise with tariffs—domestic producers take advantage of reduced competition to jack up prices and
Michigan’s new tool to boost college enrollment: $50K prizes. Will it work? | Bridge Michigan
Tuition discounts haven’t worked. Nor has mostly free community college. Now, the state is trying sweepstakes to get more teens to fill out financial aid forms. Similar incentives have had mixed success.
Nintendo delays Switch 2 pre-orders in response to Trump tariffs
Proposed tariffs could raise prices by nearly 50%
Has Trump cancelled Christmas? China's decorations makers report no U.S. orders
Trump has hiked tariffs on Chinese imports to more than 104% in an escalating trade war that threatens the world's largest exporter of manufactured goods.
Trump Is Right About Unfair Trade, but Tariffs Aren’t the Right Fix
Protectionism makes industries less competitive.
‘Recession blonde’ and other ways women are signaling an economic downturn
Google found searches for “press- on nails” in the US are up 10% since February.
The Hidden Cost of Buying American
Tariffs raise prices—even when you shop local
Drone delivery is no longer a pie in the sky
Drone startup Zipline is delivering Walmart packages in the Dallas area.
Learn to Invest with Fidelity
MLB weighs a salary cap as potential lockout looms in 2026
MLB executives at both the league and team level have discussed what a new league economic structure could look like as the CBA expires 2026.
Has Trump cancelled Christmas? China's decorations makers report no US orders
Chinese producers of plastic Christmas trees and other festive decorations say orders from U.S. clients, which are crucial for their business, should have started to come in by now. But because of surging import tariffs, they haven't.