• Economy

California Billionaire Tax Forces Silicon Valley Moguls to Hide Gold Bars in Hiking Socks, Purchase Modest Third Yachts

Chester P. NonsenseJune 19, 2026

California's proposed 'billionaire tax' will appear on the November ballot, prompting comical panic among tech billionaires and opposition from Governor Gavin Newsom.

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• Economy

Federal Reserve Courageously Holds Interest Rates Steady For Fourth Time, Vows To Wait For Economy To ‘Just Sort Itself Out’

Larry LiteralistJune 18, 2026

The Federal Reserve, under new chair Kevin Warsh, keeps interest rates unchanged for the fourth consecutive meeting, citing economic uncertainty and a steadfast commitment to waiting for improvement.

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• Economy

Bank of Japan Boldly Raises Interest Rates to Daring 1%, Markets Brace for Pandemonium

Larry LiteralistJune 17, 2026

The Bank of Japan has increased interest rates to 1%, the highest in 31 years, in a bid to curb inflation driven by global tensions.

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• Economy

Verge Readers Offered Exclusive Opportunity to Own Yet Another Rectangular Battery, Finally Stand Out From Crowd of Slightly Different Rectangular Batteries

Veronica TruthbombJune 16, 2026

The Verge offers readers a discounted Baseus AM52 power bank, prompting mild hysteria and a surge in consumer self-importance among tech enthusiasts eager to upgrade to a marginally improved battery.

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• Economy

Ministers Heroically Bestow Piles of Mysterious Money Upon Regional Mayors, Hope Someone Figures It Out

Veronica TruthbombJune 15, 2026

Ministers are considering giving billions in business rates to regional mayors, leaving local officials both empowered and deeply confused.

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• Economy

UK Government Hesitant to Join Global Defence Bank, Fears International ATM Fees on Tanks

Buck MulliganJune 14, 2026

Former Defence Secretary John Healey's plan for the UK to join an international defence bank was reportedly blocked by the Treasury over concerns about management and logistics.

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• Economy

Elon Musk Becomes First Trillionaire, Now Legally Allowed to Buy Greenland, Vatican, and Three Marvel Franchises

Buck MulliganJune 13, 2026

Elon Musk became the world’s first trillionaire after SpaceX's IPO, acquiring enough wealth to purchase countries, religious institutions, and major entertainment franchises.

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• Economy

European Central Bank Raises Interest Rates After Noticing Slightly Warmer Winds from Iran

Larry LiteralistJune 12, 2026

The European Central Bank has raised eurozone interest rates in response to inflation concerns allegedly stoked by the war in Iran, hinting at more hikes to come.

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• Economy

Trump Declares Inflation ‘Best Thing Since Sliced Bread Prices Went Up’ as Americans Prepare to Barter for Gasoline

Veronica TruthbombJune 11, 2026

President Trump enthusiastically praises rising inflation rates amid the Iran conflict, touting increased prices as a sign of national strength.

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• Economy

Startup Lovable Now Launching So Many Projects, Employees Unclear If They’re Working Or Just Building Another Internal Tool

Penny PunchlineJune 10, 2026

Lovable announces it is generating so many internal projects and tools that employees, overwhelmed by new revenue and automation, can no longer distinguish between real work and accidental startups.

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