Stacey Vanek Smith
@svaneksmith
New Yorker, Idahoan, Story-Seeker, Radio-Maker @Bloomberg @Marketplace formerly @NPR Author: Machiavelli for Women 🎁 🔗
Getting inflation from double digits to mid-single digits is often the easy part. The last few percentage points are often the toughest and often involves an economic downturn or recession. 🎁 🔗 in bio My latest for @bloomberg.com #economy #inflation #interestrates
Jobs numbers came in and they are looking grim: 23,000 jobs lost and people seem to be dropping out of the workforce entirely… so why did this make the stock market so happy? Like any true hero, the U.S. economy is plagued by a tragic flaw… #jobs #unemployment #economy
The Federal Reserve didn’t raise or lower interest rates this weeks… cue the market drama. When it comes to the Fed and the markets, there are different kinds of nothing… #federalreserve #stockmarket #economy
Maybe the Stock Market IS the economy right now. The so-called “wealth effect” has fueled nearly 1/3 of consumer spending since 2020. My latest for @bloomberg.com 🎁🔗 in bio. #economy #stockmarket
Does your favorite candy taste…. worse? 🍫 Inflation doesn’t always show up in the price. Many food companies are using cheaper ingredients as a way to raise prices without raising prices. My latest for @bloomberg.com 🎁 🔗 in bio #economy #inflation
If the U.S. were a company, would you invest in it? From profits and losses to employee satisfaction, when it come to USA Inc, is it buy, sell, or hold? @bradstone.bsky.social and I talk with @marthagimbel.bsky.social this week on Everybody’s Business from @bloomberg.com #economy #unemployment
Did Kevin Warsh just say he’s not lowering interest rates? The new Fed Chair gave his first press conference and despite indicating to President Trump that he would lower interest rates asap… his Fed code is saying something different. #federalreserve #inflation #interestrates
We got a lot of inflation news this week and things are coming in hot 🔥 a look at the good news and the bad news and a few of the caveats #inflation #interestrates #economyclass
The Iran war has been going on for almost 100 days. Early on, experts said if the Strait were closed for 2-3 months, there would be a global crisis. Why hasn’t that happened? On Everybody’s Business podcast from @bloomberg.com @chafkin.bsky.social and I talk with @javierblas.bsky.social about why
The sun is out! ☀️ the skies are clear…but the economic vibes are stormy ⛈️ people are struggling—it’s all over the data. Savings is the lowest it’s been in years, inflation is outpacing wages, and the vibes (consumer sentiment) is the lowest it’s ever been.. #economy #inflation #affordable
A book is born!!! 📕 Check out How to Win a Trade War just out from the brilliant @soumayakeynes.ft.com and @chadpbown.com Somehow they wrote a smart, funny, fascinating, page turner about… global trade. Get it today! (featured with my prized possession—a purse made from Venezuelan Bolivars)
🤖 Are robots going to save our economy… and steal our jobs? These are questions at the heart of economic productivity. My latest for @bloomberg.com featuring @dianecoyle1859.bsky.social @erikbryn.bsky.social and Robert Gordon 🎁 🔗 in bio #economy #AI #layoffs
The markets had a terrible Friday… apparently because the bond market had a terrible Friday… at the root of the problem? Inflation #economy #inflation #stockmarket
It’s official: everything is getting more expensive. The monthly inflation report out today shows prices rising at a rate of 3.8% a year—food, shelter and energy costs are all up significantly. The main culprit? Fuel prices. #economy #inflation #interestrates
The job market is looking strong this Friday! The unemployment rate didn’t rise and 115,000 people got jobs in April—higher than expected. But that’s not the best part! #jobs #unemployed #economy
Jerome Powell just gave his last press conference as Fed Chair. Nothing much happened… but there was plenty of drama. #federalreserve #jeromepowell #interestrates
Secrets and Ties: it looks like Federal Reserve might get… more reserved under Chair Apparent Kevin Warsh. My latest for @bloomberg.com featuring the great @claudia-sahm.bsky.social and John Cochrane 🎁 🔗 in bio. #economy #federalreserve #jeromepowell
Wherein Claude increasingly feels like a personal assistant who got the job because their uncle is running the company
The Strait of Hormuz seems close to reopening, But high gas prices are likely to hang around. At the same time electricity prices are rising fast as AI continues to grow. High energy prices can hammer economic growth. #gasprices #straitofhormuz #iran
Inflation is up and the reason is all about gas prices. They are up nearly 20% and they’re spreading through the whole economy. My latest for @bloomberg.com Businessweek with the great @gbenga-ajilore.bsky.social #iran #inflation #gasprices
Tariffs Turn 1! 🎂 Liberation day was one year ago. $160 billion later, 330,000 businesses are owed a refund. What now? My latest for @bloomberg.com Businessweek with Laura Curtis and our great editor Megan Willett-Wei 🎁 🔗 in bio #tariffs #inflation #trumptariff
Today is Equal Pay Day! This is how far into 2026 women have had to work to earn what men did in 2025, according to data from the Census Bureau. This is happening a day later than last year. #equalpay #womenshistorymonth
Adam Smith’s Wealth of Nations is one of the most foundational books in #economics. It was published in 1776, the same year the U.S. began. David Lang’s piece @nyphilharmonic.bsky.social sets econ to music. Conducted by #dudamel Catch it today! My latest for @bloomberg.com #capitalism
Oil prices get into everything… they’re starting to affect interest rates and commutes and travel and the impact is only getting bigger. #oil #gasprices #jeromepowell #interestrates
What if, instead of retiring, we all just... keep working? One of the loveliest stories I've reported in awhile (I know, I was surprised, too!) for @bloomberg.com The story of Boom Radio. Careers (like workers!) can get better with age 🎁🔗 in bio
Gas prices are up 20% since last week. When will they come back down? And what happens if they don’t? My latest for Businessweek @bloomberg.com 🎁 🔗 in bio #iran #oilprices #gasprices
Jobs numbers are out today and looking grim: 92,000 jobs were lost in February. At the same time, prices are rising. Are we entering stagflation? #jobs #inflation #unemployment