Tariff Cash Is Rolling In, Hits $28 Billion in July by Wolf Richter • Aug 2, 2025 • 177 Comments At this pace, tariffs will raise an additional $230 billion in corporate taxes a year. US nonfinancial corporate profits spiked to $3 trillion a year.
Slowing Supply of Immigrant Labor & Slowing Job Growth Keep the Job Market “in Balance” and the Unemployment Rate Low, Push Up Wages. Powell Talked about It by Wolf Richter • Aug 1, 2025 • 138 Comments The Fed’s dual mandate is “stable prices and maximum employment, not so much growth” in employment, he said at the press conference.