The Economy Thread III: Not Actual Advice And You Shouldn't Lie To Investors

[Tyrath]

Lol I just realized our CEO came from Thermo Fisher. That's sneaky AF

[Meresgi]

[6souls]

https://finance.yahoo.com/news/kimbe...Dk-ovfnbfJ-Bv8

Kimberly-Clark to purchase Kenvue for $48.7B. KC is known for Kleenex, Kotex, Listerine, Huggies, and Band-aid. Kenvue is known for Tylenol.

[Meresgi]

[Roranora]

https://finance.yahoo.com/news/kimbe...Dk-ovfnbfJ-Bv8

Kimberly-Clark to purchase Kenvue for $48.7B. KC is known for Kleenex, Kotex, Listerine, Huggies, and Band-aid. Kenvue is known for Tylenol.

nothing to see here, boys

[6souls]

https://www.mprnews.org/story/2025/1...innesota-plant

Hormel (Spam) to reduce their workforce by 250. They're asking for employees to accept voluntary early-retirement before moving onto layoffs.

[Salodin]

Honestly, we could use less spam.

Maybe not now during the shutdown when people are starving.

But afterwards. Lol

Sent from my SM-S936U using Tapatalk

[Outlaw]

Wholehearted agreed.

[Melena]

Honestly, we could use less spam.

Maybe not now during the shutdown when people are starving.

But afterwards. Lol

Sent from my SM-S936U using Tapatalk

Hawaiian's glaring angrily at you for even thinking about this.

[Salodin]

Hawaiian's glaring angrily at you for even thinking about this.

They'll be fine, they got those stuffed corn dogs over there.

Sent from my SM-S936U using Tapatalk

[6souls]

[6souls]

https://bsky.app/profile/atrupar.com/post/3m4xmgz5mah2p

According to CNBC, October was the worst month for layoffs since 2003 with 153k.

https://bsky.app/profile/moreperfect.../3m4xuhsik7k2u

and worst year since 2009

[Gabai]

The Fed Reserve Board has finalized a rule that changes the way large financial institutions are rated, significantly lowering the bar for what is considered a “well managed” firm. The rating is basically a 4 point system with 3 attributes and up until now, a deficiency in any of the three attributes would mean the bank was not “well managed”, thereby limiting their acquisition potential.

With the new rule, a bank can have one deficiency and still be considered “well managed”, so expect to see a bunch of bank mergers in the short term. Michael Barr, Fed Governor dissents pretty strongly (as do I, I work in this field), and has concerns for the amount of risk to be taken in potential mergers.

Additionally, the Fed plans to reduce its supervisory force by 30%. This is gearing up to be some crazy times in the banking sector.

New rule
https://www.federalreserve.gov/newse...g20251105a.htm

Barr’s dissent which is pretty scathing
https://www.federalreserve.gov/newse...t-20251105.htm

[6souls]

https://x.com/FoxNews/status/1986814632355569752
https://www.carolinajournal.com/durh...al-investment/

The Trump admin is funding the mining and processing of rare Earths in South Carolina.

Vulcan Elements, a Durham-based start-up specializing in rare-earth minerals, announced a $1.4 billion partnership with the US government. The investments will fund the construction, commission, and operation of a 10,000 metric ton magnet facility.

Vulcan Elements, in partnership with ReElement Technologies, will scale its 100% vertically integrated, domestic magnet supply chain, already in operation, to produce 10,000 tons of magnets annually, with a focus on recycling end-of-life magnets and electronic waste, according to a press release.

The expansion of the production capacity will be funded in part by a $620 million loan from the US Department of War’s Office of Strategic Capital (OSC) and a $50 million investment from the US Department of Commerce under the CHIPS and Science Act. The company also received an additional $550 million in private investments. Funding for these OSC loans comes from the One Big Beautiful Bill Act (OBBBA), which was passed by Congress and signed into law by President Donald Trump in July 2025.

[6souls]

https://finance.yahoo.com/news/opena...202255408.html
https://x.com/MorePerfectUS/status/1986839947697885525

Openai CEO says they aren't seeking a bailout, but their CFO says they need the government to guarantee financing through banks and private equity for it to survive.

[kuronosan]

No, go fuck yourself

[Meresgi]

No, go fuck yourself

You don't understand, if we don't believe in AI then the economy explodes! Just keep funneling money into them and we'll get AGI soon....ish for sure

[Obsidian]

The funny part is it's not even believing in AI that's the problem. Anthropic has eaten OpenAI's lunch in the corporate space. OpenAI has 1.5 trillion in spending commitments and only ~1.5B in revenue. They are never going to be able to honor these agreements without government backing, but the companies they're making these agreements with are already beginning the work.

[6souls]

The funny part is it's not even believing in AI that's the problem. Anthropic has eaten OpenAI's lunch in the corporate space. OpenAI has 1.5 trillion in spending commitments and only ~1.5B in revenue. They are never going to be able to honor these agreements without government backing, but the companies they're making these agreements with are already beginning the work.

https://bsky.app/profile/carlquintan.../3m52s5aw7ws25

OpenAI is operating at a quarterly $12B loss.

[Meresgi]