Shannon Pettypiece
@spettypi.bsky.social
Senior Policy Reporter for NBC News I write about the real world impact of the policies set in Washington with a focus on the economy. Recovering White House reporter Reporting here: https://www.nbcnews.com/author/shannon-pettypiece-ncpn1036991
RVs are becoming the housing of last resort for a growing number of Americans. Nearly 500,000 Americans are living full time in an RV, around double the number four years ago. I spent time with a few of them. Here are their stories. www.nbcnews.com/news/us-news...
Priced out of traditional housing, more Americans are living in RVs
Moving into an RV may seem like a way to save money, but it can come with unexpected costs and trap families in a cycle of debt.
nbcnews.com
Young men with a bachelor’s degree are more likely than those without one to be unemployed. And nearly twice as likely to be unemployed than young women with a bachelor’s degree www.nbcnews.com/business/eco...
Worried about the economy? Wall Street bonuses are set to increase this year! Last year, the average annual Wall Street bonus was ... wait for it, $244,700 www.bloomberg.com/news/article...
Wall Street Bonus Pool to Grow as Stock Rally Defies Tariff Woes
The outlook for Wall Street bonuses is improving, with payouts now set to rise across most sectors of the finance industry as the market rebounds.
bloomberg.com
"Gut punch." "Black cloud." "Robbed." I spoke with students, alum and faculty about the pause of Job Corps, which provides free career training to low-income students. www.nbcnews.com/politics/tru...
'A gut punch': Job Corps alumni and faculty lament Trump administration cuts to the program
The government-funded program provides free career training, housing and meals to low-income students.
nbcnews.com
President Donald Trump’s ambitious plan to broker dozens of trade deals with some of the United States’ closest trading partners has begun to show cracks as the clock on his 90-day pause for most country-specific tariffs winds down to just over one month. www.nbcnews.com/business/eco...
Trump's ambitious push for trade deals is hitting some snags
Some of the challenges are self-inflicted, but a fresh set of court rulings questioning the president’s authority to enact tariffs hangs over his trade agenda.
nbcnews.com
Whatever happened to those tariffs on ...? An explainer for you: www.nbcnews.com/politics/tru...
10 times Trump has threatened, then backtracked on, tariffs as 'TACO trade' jab gains traction
Trump has ordered a number of sweeping tariffs driving up costs of imports, but he has threatened far more tariffs than he has carried out, leading some to embrace "TACO theory."
nbcnews.com
Your Friday Top Ten Tariff Backtrack Countdown www.nbcnews.com/politics/tru...
10 times Trump has threatened, then backtracked on, tariffs as 'TACO trade' jab gains traction
Trump has ordered a number of sweeping tariffs driving up costs of imports, but he has threatened far more tariffs than he has carried out, leading some to embrace "TACO theory."
nbcnews.com
A prescient story from November with @lawrencehurley.bsky.social www.nbcnews.com/news/amp/rcn...
Trump’s authority to impose sweeping tariffs to be put to the test
Businesses have been lobbying Congress and preparing legal challenges to push back on Trump’s proposal to enact tariffs on all imports.
nbcnews.com
"In the first quarter of 2025, the average transaction price for used cars 3 years old or less jumped above $30,000 for the first time since 2023. " www.freep.com/story/money/...
As tariffs loom, prices for lightly used vehicles rise as supply shrinks
Experts predict that the increase in prices of lightly used cars may continue to rise as buyers seek to skirt around tariff-related costs.
freep.com
A 50% tariff on the EU would not only impact Americans buying European products, but also companies making their products in the US. I spoke with a company that makes their products in Pennsylvania, but imports one of the key components from Europe www.nbcnews.com/politics/eco...
How Trump's tariffs are causing pain for some U.S. manufacturers
The tariffs are leading to higher costs for importing the materials and machinery used by some to make products in America.
nbcnews.com
Just a chinese company with no revenue and 9 employees making a very savvy $300M investment in Trump coin www.nytimes.com/2025/05/13/u...
Tiny Company With China Ties Announces Big Purchase of Trump Cryptocurrency
nytimes.com
How Claude helped a patient "A.I. isn’t a magic bullet. But it uncovers hidden connections in data at speeds no human can match, freeing doctors to focus on what they do best: care." gift link www.wsj.com/opinion/ai-h...
In politics, "DOGE checks" was a one-day story. But search trends show voters took it seriously and still think they're going to come. www.msnbc.com/opinion/msnb...
Musk didn't cut enough spending to send you a dividend
The Department of Government Efficiency is probably not going to send you a dividend.
msnbc.com
We spent 6 months investigating a children’s pastor accused of being a serial rapist. His accusers have spent 40 years fighting to stop him. Today he works for disgraced televangelist Jim Bakker and runs a secluded camp for kids in the Ozarks. My latest w/ @ahylton26.bsky.social for @nbcnews.com
A preacher’s dark secret: Sleepovers, porn and sex abuse allegations dating back decades
Joe Campbell says his calling is to share God’s love, but a group of women say he sexually abused them as girls. An NBC News investigation uncovered decades of missed warnings and failures to act.
nbcnews.com
For companies making their products in the U.S., tariffs have driven up costs and cut demand. “It’s been the most bizarre roller-coaster ride, where our enthusiasm going into this year was sky high, and then it was just like the air came out of the balloon." #econsky www.nbcnews.com/politics/eco...
How Trump's tariffs are causing pain for some U.S. manufacturers
The tariffs are leading to higher costs for importing the materials and machinery used by some to make products in America.
nbcnews.com
The VA has abruptly ended the only low-interest, affordable loan modification option for thousands of vets who are behind on their mortgages. If you're a vet at risk of foreclosure, we want to hear your story.
If you're a military veteran at risk of foreclosure, NPR wants to hear from you
The VA has abruptly ended the only low-interest, affordable loan modification option for thousands of vets who are behind on their mortgages. We want to hear your story.
npr.org
www.nbcnews.com/news/nbcblk/...
Trump shut down program to end human waste backing into Alabama homes, calling it 'illegal DEI'
A $26 million federal program to help residents of Lowndes County, Alabama, who have dealt with inadequate sewage systems for decades was stopped by an executive order.
nbcnews.com
White House: Your Barbie May be Killing You
Aaron Rupar@atrupar.com · last yr.Miller: "If you had a choice between a doll from China that might have lead paint from it that is not as well constructed, as a doll made in America that has a highly environmental and regulatory standard & those two products are both on Amazon, that yes, you probably would be willing to pay more."
Maybe the kids can just play with their two dolls instead www.polygon.com/news/581992/...
The Xbox Series X costs $100 more than it did yesterday
First-party games will go to $80 this holiday
polygon.com
U.S. fireworks wholesalers and distributors say they’ve been canceling shipments from China for this year’s July Fourth holiday. Some are also halting manufacturing in China of fireworks for next year’s celebrations of the 250th anniversary of America’s independence www.nbcnews.com/business/eco...
Trump's 'Liberation Day' tariffs are threatening Independence Day fireworks
Duties on China surged to 145% just as fireworks companies were getting their final July Fourth shipments from the country, which makes the vast majority of supplies used in the U.S.
nbcnews.com
I just think of the people I've interviewed who are struggling with housing costs, rising food costs, going to food banks and working multiple jobs. Being able to get your kid a little toy or buy them a new pair of shoes or have a nice Christmas was one of the few luxuries people had
Shannon Pettypiece@spettypi.bsky.social · last yr.Trump to parents: Your kids don't need all those toys anyway "Maybe the children will have two dolls instead of 30, you know?" Trump said during a meeting with his Cabinet. "And maybe the two dolls will cost a couple of bucks more than they would normally." #econsky www.nbcnews.com/politics/tru...
Trump to parents: Your kids don't need all those toys anyway "Maybe the children will have two dolls instead of 30, you know?" Trump said during a meeting with his Cabinet. "And maybe the two dolls will cost a couple of bucks more than they would normally." #econsky www.nbcnews.com/politics/tru...
Trump suggests tariffs could mean kids have fewer toys
Trump downplayed warnings from retailers of product shortages and higher prices as the result his massive tariffs on Chinese imports, saying it would be OK if,
nbcnews.com
Bessent says on CNBC that China will come to the table because tariffs are "unsustainable" for China and its whole business model is based on selling cheap goods to the U.S. But China has been moving away from the US. Now, 15% of its exports go to US and about 3% of GDP comes from US exports.
Unlike most presidents, Trump has traveled little in his first 100 days. He has spent 12 of the 14 weekends at one of his own properties. On 9 of those, he has overnighted at Mar-a-Lago, where he can often be found playing golf www.nbcnews.com/politics/don... by @natashakorecki.bsky.social
Trump traveled little in his first 100 days, preferring to spend time at Mar-a-Lago
According to an NBC News analysis, Trump has spent 12 of the past 14 weekends at his own properties, and he has traveled far less than he did during the same period in his first term.
nbcnews.com
"The chemical company Dow is delaying construction of a new plant. Boston Scientific, the medical-device maker, is speeding up efforts to cut discretionary spending including travel.... Norfolk Southern, meanwhile, is more closely scrutinizing consultant fees." www.wsj.com/business/tar... #econsky
America Inc. Slashes Spending as Tariff Uncertainty Swirls
CEOs are pausing travel, delaying construction projects and slowing hiring in response to tariffs and cloudy economic forecasts: “Control the controllables.”
wsj.com
A 25% U.S. tariff on pharmaceutical imports would increase U.S. drug costs by nearly $51 billion annually, boosting U.S. prices by as much as 12.9% if passed on, a report commissioned by the industry’s U.S. trade group and reviewed by Reuters shows. #econsky www.nbcnews.com/business/bus...
Pharma tariffs would raise U.S. drug costs by $51 billion annually, report finds
Pharmaceutical products have long been spared from trade wars due to the potential harms, but Trump has repeatedly threatened a 25% tariff on pharmaceutical imports.
nbcnews.com
Companies have been canceling their shipments of goods from China and halting new orders after Trump put a 145% tariff on nearly all Chinese imports this month. #econsky www.nbcnews.com/politics/eco...
Product shortages and empty store shelves loom with falling shipments from China
Businesses have been canceling orders for products from China after Trump imposed a 145% tariff on most Chinese imports, risking product shortages for American consumers.
nbcnews.com
