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Tom Emmer said that pro-crypto lawmakers are beating the "dinosaurs" and "kleptomaniac bureaucrats" like SEC Chairman Gary Gensler.
The post Exclusive — Whip Tom Emmer: Pro-Crypto Lawmakers Beating Anti-Crypto ‘Dinosaurs,’ ‘Kleptomaniac Bureaucrats Like Gary Gensler’ appeared first on Breitbart.
After posting a devastating $77 million loss in 2023, the disgraced and doomed Washington Post is about to turn to artificial intelligence.
The post Nolte: Desperate Washington Post Turns to AI After Brutal $77 Million Loss appeared first on Breitbart.
WASHINGTON — The Justice Department filed a sweeping antitrust lawsuit against Ticketmaster and parent company Live Nation Entertainment on Thursday, accusing them of running an illegal monopoly over live events in America — squelching competition and driving up prices for fans.
The post DOJ Calls for Breakup of Ticketmaster Owner, Calling Live Nation a Monopoly in Antitrust Suit appeared first on Breitbart.
Businesses stay optimistic as inflation stubbornly persists and Fed keeps rates high.
The post U.S. Economy Picks Up Speed, Defying Fed Attempts To Cool Inflation and Growth appeared first on Breitbart.
High interest rates and home prices are putting homeownership out of reach for many Americans, especially younger Americans.
The post High Mortgage Rates Weigh Down New Home Sales in April appeared first on Breitbart.
Low levels of jobless claims indicate that the labor market is still providing fuel to economic growth.
The post Jobless Claims Unexpectedly Drop to 215,000 appeared first on Breitbart.
Elon Musk has issued an ultimatum to Tesla shareholders, demanding 25 percent control of the company in exchange for the continued development of AI and robotics products. Musk currently owns 13 percent of the struggling EV company.
The post Elon Musk’s Ultimatum: 25% Control or No AI and Robotics at Tesla appeared first on Breitbart.
Former President Donald Trump continues to dominate in the majority of 2024 swing states while remaining tied in Wisconsin, Cook Report/BSG/GS Strategy Group polling confirmed Thursday.
The post Cook Report Poll: Trump Dominates in Key Swing States, Remains Tied in Wisconsin appeared first on Breitbart.
The conservative movement is beginning to overcome the left's culture war in corporate boardrooms, polling suggests.
The post Poll: Right-Leaning Brands Gain in Reputation as Left-Leaning Ones Drop appeared first on Breitbart.
OpenAI, the company behind the popular ChatGPT AI chatbot, has announced a partnership with media giant News Corp. to improve its AI chatbots.
The post ChatGPT Developer OpenAI Partners with News Corp. to ‘Enhance’ AI Products appeared first on Breitbart.
MSNBC host Stephanie Ruhle responded to accusations from Republicans that President Joe Biden is trying to buy votes with his student loan plans.
The post NBC’s Ruhle: Biden Is Buying Votes with Loan Plan, But GOP Does That by Letting People Keep More of Their Own Money appeared first on Breitbart.
There’s a palpable tension in the air as Wall Street is confronted with the once unthinkable: interest rates may not be at their peak.
The post Breitbart Business Digest: What Goes Up—Might Just Keep Going Up appeared first on Breitbart.
The April-May minutes have a much more hawkish tone than the summary of the previous meeting.
The post Fed Minutes Show Officials Willing To Hike If Needed appeared first on Breitbart.
Fifty-six percent of Americans believe President Joe Biden's economy is in recession and a majority blame the president, a poll found.
The post Guardian Poll: Majority Say U.S. Is in Recession, Blame Biden appeared first on Breitbart.
Sales fell for the fourth consecutive quarter as the company still struggles to recover costumer trust following its disastrous embrace of woke-ideology.
The post Target Struggles as Inflation Squeezes Shoppers’ Wallets appeared first on Breitbart.
Sixty percent of the public are skeptical of media reports depicting the economy as doing well.
The post Most Americans Say We’re In A Recession—And Blame Biden appeared first on Breitbart.
In the wake of a damning report from the US Cyber Safety Review Board (CSRB), Google is seizing the opportunity to challenge Microsoft’s dominance in the enterprise security market by offering its services to government institutions.
The post Google Targets Microsoft’s Enterprise Security Weaknesses, Pitches Its Services to Governments appeared first on Breitbart.
Fast food is no longer healthy for your wallet. Common fast food favorites increased in price under Joe Biden's so-called Bidenomics.
The post Bidenomics: Fast Food Costs Soar — McChicken up 199%, Frosty up 111%, Taco Bell Burrito up 132% appeared first on Breitbart.
As Americans struggle to keep up with the rising tide of prices and feel the squeeze of high interest rates on housing, President Joe Biden continues to claim that the economy is good. “Bidenomics” is working, there’s no recession to see here, so shut up and enjoy the drag queen performances at the White House.
That narrative took a hit back in 2022, however, when America experienced two consecutive quarters of decline in gross domestic product—the traditional definition of a recession. In the first quarter of 2022, inflation-adjusted GDP declined in the U.S. by 1.6%, and it declined by an additional 0.6% in the second quarter of that year.
The Biden administration responded by simply redefining the word “recession.” The move made a bizarre kind of sense coming from a bureaucracy that has redefined what it means to be a woman.
The White House stated in July 2022 that “it is unlikely that the decline of the GDP in the first quarter of this year—even if followed by another GDP decline in the second quarter—indicates a recession.”
The Heritage Foundation, a stick-in-the-mud organization that doesn’t support willy-nilly redefining words to suit the woke movement, decided to get to the bottom of this whole redefining-a-recession nonsense. Heritage’s Oversight Project filed a Freedom of Information Act request in July 2023, asking the Treasury Department for internal communications regarding recessions. (Heritage created The Daily Signal in 2014.)
Treasury asked Heritage to narrow the parameters of the request. It did so. Treasury refused to hand over the documents by the time required by law. Heritage sued. Late last month, Treasury handed over some documents.
The catch? Most of the conversations in those documents have been redacted.
To be sure, we do get little gems like “I’d be glad to discuss tomorrow or Monday,” and “Thank you for forwarding.” These largely meaningless pleasantries are among the few words Treasury apparently deems nonthreatening enough to reveal to the public.
Many pages simply feature a large black box redacting the entire page.
One email shows Treasury staff discussing a quote from the International Monetary Fund stating that a “technical recession” consists of two quarters of economic decline.
“For the United States, some indicators, such as the Federal Reserve Bank of Atlanta’s GDPNow forecasting model, suggest that a technical recession (defined as two consecutive quarters of negative growth) may already have started,” Gene Sperling, a senior adviser to Biden, quoted the IMF in an email on July 26, 2022.
Treasury redacted Sperling’s own words in his email, along with the substance of every email responding to him.
So, Heritage plans to sue again.
“The Oversight Project sued the Treasury Department to seek answers on why the Biden administration gaslit the American people into changing the definition of recession,” Kyle Brosnan, chief counsel at the Oversight Project, told The Daily Signal. “We have received multiple document productions from our lawsuit showing that there were a lot of communications about this change, but excessive redactions have hampered our ability to determine the truth. We intend to challenge these redactions as we progress in the case.”
The Biden administration’s apparent attempt, yet again, to hide the substance of internal discussions about the definition of a recession raises more questions than answers.
Did Treasury officials intentionally twist the definition in order to politically protect Biden in a midterm election year? Did they develop strategies for hiding negative economic news that might interfere with the 2024 election? If they weren’t trying to monkey with the definition of recession, why are they so insistent on hiding that fact?
Perhaps the Biden administration merely wishes to redefine “transparency,” as well.
The post WHAT ARE THEY HIDING? Biden Admin Redacts Its Justification for Altering the Definition of ‘Recession’ appeared first on The Daily Signal.
In an attempt to prevent its advertising monopoly case from being heard by a jury, Google has reportedly offered to pay the U.S. Department of Justice a sum covering the full monetary damages sought by the government agency.
The post Masters of the Universe: Google Tries to Weasel Its Way Out of Trial in Ad Monopoly Case with Payoff appeared first on Breitbart.
As digital publishers grapple with declining traffic and revenue due to Facebook's algorithm changes and Google's haphazard experiments with AI in search, Apple News+ has become an unexpected source of income, offering a substantial stream of direct revenue and increased audience reach.
The post Publishers Turn to Apple News for Revenue as Facebook and Google Cast Industry Aside appeared first on Breitbart.
Prices hit a record high for April, putting homes out of reach for many would-be buyers.
The post Existing Home Sales Fall Amid Skyrocketing Prices and High Mortgage Rates appeared first on Breitbart.
During an interview with Sky News host and NBC Contributor Wilfred Frost on Tuesday, Treasury Secretary Janet Yellen stated that inflation has declined from where it was and she believes “it will stabilize in the next year or so.” In response
The post Yellen: Inflation Has Fallen, I Think ‘It Will Stabilize in the Next Year or So’ appeared first on Breitbart.
If Donald Trump’s social media venture is going to vindicate the faith of investors who have given it a six billion dollar market value, it must learn a critical lesson from the tech titans of the past: substantial early losses can be a harbinger of long-term success.
The post Breitbart Business Digest: Trump Media Should Lose More Money appeared first on Breitbart.
The Michigan community of Green Charter Township on Friday lost a court battle to block Chinese-linked electric vehicle (EV) battery manufacturer Gotion Inc. from building a factory near the town.
The post Michigan Town Loses Bid to Block Chinese-Owned Electric Vehicle Battery Factory appeared first on Breitbart.
Only 39 percent of voters say they are better off today than they were four years ago, according to a poll from Rasmussen Reports.
The post Nolte: Biden Flunks ‘Are You Better Off Now Than 4 Years Ago’ Test appeared first on Breitbart.
Former President Donald Trump ripped President Joe Biden's release of gas reserves on Tuesday and predicted that gas prices would soar to $10 dollars a gallon if Biden is reelected.
The post Donald Trump Rips Biden’s Release of Gas Reserves: ‘He’s Unable to Drill Properly’ appeared first on Breitbart.
Biden lambasts "corporate greed" while courting corporate leaders behind closed doors, CNBC reports.
The post Biden’s Double Game: Cozying Up to Corporate America While Talking Populist appeared first on Breitbart.
President Joe Biden’s war on American energy has caused costs to soar, former President Donald Trump told reporters Tuesday.
The post Donald Trump: Bidenflation Result of Biden’s War on American Energy appeared first on Breitbart.
Progress on inflation has been very slight, so any rate cuts will have to wait until the Fed has several more months of data on inflation, Waller said.
The post Fed’s Waller Says Rate Cuts Will Have To Wait Until ‘Several More Months’ Of Good Inflation Data appeared first on Breitbart.
Despite facing major setbacks with its first human brain-chip implant, Neuralink, the brain-computer interface company owned by Elon Musk, is pushing forward with plans for a second patient.
The post Elon Musk’s Neuralink to Implant Second Brain Chip as First Patient Deals with Failing Device appeared first on Breitbart.
Breitbart News economics editor John Carney said Tuesday on Fox Business Network's "Kudlow" that it was incorrect for President Joe Biden to blame corporate greed for inflation.
The post Carney on Kudlow: ‘They Can’t Say It with a Straight Face’ — Biden Blames Corporate Greed for Inflation But It’s Just Not True appeared first on Breitbart.
Microsoft has announced a new line of AI-enhanced Windows PCs, aiming to revolutionize the way users interact with their devices by integrating the Copilot AI assistant into the Windows operating system. The creepy system will take constant screenshots of your activity to track your every move.
The post Microsoft Unveils Creepy AI-Powered Windows that Tracks Everything You Do appeared first on Breitbart.
A group of Tesla shareholders is calling on fellow investors to vote against CEO Elon Musk’s $56 billion pay package, citing concerns over his distracting commitments to other companies and the automaker’s underperformance.
The post Tesla Shareholders Urge Investors to Reject Musk’s $56 Billion Pay Package appeared first on Breitbart.
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An investigation from the Senate Finance Committee reveals that a few European-based automakers imported either cars or auto parts made using Chinese slave labor to the United States.
The post Senate Investigation: BMW, Jaguar, Volkswagen Imported Cars and Parts to U.S. Made with Chinese Slave Labor appeared first on Breitbart.
Republicans said that the Biden administration is putting politics over protecting workers at the Federal Deposit Insurance Corporation.
The post Republicans: Democrats Putting Politics over Protecting FDIC Workers appeared first on Breitbart.
Congress is pushing forward with a data regulation bill that would trap Americans in a hidden tangle of quotas inside private software, says Stewart Baker, an influential lawyer in Washington, DC.
The post Bipartisan Bill Injects Progressive Quotas into Everyday Software appeared first on Breitbart.
Elon Musk's Tesla is continuing to lay off employees as the company has slashed an additional 600 jobs across its California facilities, affecting a wide range of positions from factory workers to engineers.
The post Elon’s Bloodbath Continues: Tesla Cuts 600+ More Jobs in California appeared first on Breitbart.
You can add the collapse of the U.S. consumer to the list of things that nearly everyone has been expecting but shows no signs of actually occurring.
The post Breitbart Business Digest: We’re Still in a No Landing Economy appeared first on Breitbart.
Geoffrey Hinton, a tech pioneer nicked the "Godfather of AI," has urged governments to implement a universal basic income (UBI) to mitigate the devastating impact of AI on jobs.
The post ‘Godfather of AI’ Calls for Universal Basic Income to Counter Job Losses appeared first on Breitbart.
Google, Mark Zuckerberg's Meta, and other tech giants are engaged in a fierce lobbying battle against two New York bills aimed at protecting children online, with spending expected to surpass $1 million.
The post They Want Your Kids: Google, Meta Lead Massive Tech Lobbying Against New York’s Child Online Safety Bills appeared first on Breitbart.
Restaurant chain Red Lobster said Sunday it has filed for Chapter 11 bankruptcy, the news coming after an all-you-can-eat offering reportedly caused financial trouble.
The post Red Lobster Files for Bankruptcy amid Plans to Close 100 U.S. Locations appeared first on Breitbart.
Drivers are apparently choosing to drive gas powered vehicles over electric ones amid President Joe Biden's (D) push for Americans to go green on the road.
The post Report: Pricey Electric Cars Driven 20 Percent Less Than Gas-Powered Vehicles appeared first on Breitbart.
Washington, DC, Mayor Muriel Bowser (D) is heading to Las Vegas for an "economic mission" after enjoying the Masters golf tournament in Georgia on the taxpayer's dime.
The post D.C.’s Democrat Mayor Heading to Las Vegas on ‘Economic Mission’ appeared first on Breitbart.
Shares of the video game retailer GameStop and theater chain AMC dropped late in the week as the meme stock campaign sparked by the return of "Roaring Kitty" fizzled out.
The post GameStop, AMC Shares Drop as Meme Stock Campaign Fizzles Out appeared first on Breitbart.
Disneyland performers who help bring Mickey Mouse, Cinderella, and other beloved characters to life at the Southern California resort chose to unionize following a three-day vote culminating on Saturday.
The post Disneyland Costumed Performers Vote to Join Labor Union appeared first on Breitbart.
Americans are not only suffering from "Bidenflation" but "tipflation" as well, an April survey from Talker Research found.
The post Survey Shows ‘Tipflation’ Affecting Americans’ Wallets appeared first on Breitbart.
On Friday’s broadcast of Bloomberg’s “Surveillance,” Bloomberg columnist, economist, President of Queens’ College, Allianz Chief Economic Adviser, and former Obama Global Development Council Chair Dr. Mohamed El-Erian stated that the “sustainable energy” transition has helped create “a world that’s subject
The post Fmr. Obama Econ. Adviser El-Erian: Green Energy Transition Helped Create Higher Inflation Environment appeared first on Breitbart.
On Friday’s “CNN Newsroom,” Moody’s Analytics Chief Economist Mark Zandi stated that people in the top third of the income distribution are doing quite well, but those in the middle are “okay” and the bottom third face “very, very difficult,
The post Moody’s Chief Economist: Only Top Third of Income Distribution Doing Well, Rest Are Just ‘Okay’ or in Trouble appeared first on Breitbart.
On Friday’s broadcast of the Fox News Channel’s “America Reports,” economist, President of Queens’ College, Allianz Chief Economic Adviser, and former Obama Global Development Council Chair Dr. Mohamed El-Erian said that it will be “very hard” to get inflation from
The post Fmr. Obama Econ. Adviser El-Erian: Regulation, Spending Helped Create Inflationary Environment appeared first on Breitbart.
At least six establishment media outlets fact checked President Joe Biden's repeated false claim that inflation was nine percent when he "came into office."
The post Multiple Establishment Media Outlets Fact Check Biden’s Repeated False Inflation Claim appeared first on Breitbart.
A federal judge has ruled that Elon Musk's Tesla must face a lawsuit alleging that the company committed fraud by misrepresenting the self-driving capabilities of its vehicles.
The post Lawsuit: Elon Musk’s Tesla Committed Fraud by Misrepresenting Self-Driving Capabilities appeared first on Breitbart.
Apple is offering a settlement of up to $349 to United States residents who experienced audio problems with their iPhone 7 or 7 Plus between September 16, 2016, and January 3, 2023.
The post Check if You Are Eligible to Receive Payment as Part of Apple’s $35 Million iPhone Settlement appeared first on Breitbart.
While speaking at the Minnesota Republican Party's annual Lincoln Reagan Dinner on Friday evening, former President Donald Trump blasted Bidenomics, rising inflation, and the high cost of groceries.
The post Trump: Biden ‘Has Made It Impossible’ for Americans to Buy Cars, Homes appeared first on Breitbart.
The United Arab Emirates (UAE) purchased 18 acres of land along the Potomac River in northern Virginia for $55 million with the intention of building a compound.
The post UAE Purchases Land in Virginia for $55 Million to Build Future Compound appeared first on Breitbart.
On Friday’s broadcast of the Fox News Channel’s “America Reports,” economist, President of Queens’ College, Allianz Chief Economic Adviser, and former Obama Global Development Council Chair Dr. Mohamed El-Erian stated that while President Joe Biden’s economic policies have worked in
The post Fmr. Obama Econ. Adviser El-Erian: Biden’s Policies Haven’t Given Security to Average American appeared first on Breitbart.
The Job Creators Network's (JCN) latest Times Square billboard calls out President Joe Biden and his administration's false and misleading statements about inflation being nine percent when he took office.
The post Job Creators Network Hammers Biden’s Bogus Inflation Numbers With Massive Times Square Billboard appeared first on Breitbart.
American progressives are in a state of high dudgeon, gnashing their teeth at the realization that the American people favor Donald Trump's economy over Joe Biden's.
The post Breitbart Business Digest: The Real Reason Americans Prefer Trump’s Economy to Biden’s appeared first on Breitbart.
Reddit, the self-proclaimed “front page of the internet,” has officially confirmed a $60 million deal with OpenAI, granting the ChatGPT creator access to its vast trove of notoriously left-wing user-generated content for training purposes.
The post Reddit Confirms $60 Million Deal with OpenAI to Train AI with Leftist Forum Posts appeared first on Breitbart.
The EU has initiated a formal investigation into Meta’s social media platforms, Facebook and Instagram, due to concerns over the company's handling of child protection issues, the Commission announced on Thursday.
The post EU Launches Formal Investigation into Facebook and Instagram over Addictive Design Aimed at Children appeared first on Breitbart.
A Boeing plane made an emergency landing in Indonesia due to an engine fire as the company grapples with controversy over safety issues.
The post VIDEO: Boeing Plane Makes Emergency Landing in Indonesia Due to Engine Fire appeared first on Breitbart.
Elon Musk, the founder of SpaceX and CEO of Tesla, has made a bold prediction about the future of human habitation on Mars, predicting a city on the red planet within 30 years.
The post Hyper Hype: Elon Musk Predicts Human City on Mars Within 30 Years appeared first on Breitbart.
A former diversity manager at Facebook and Nike has been sentenced to five years and three months in prison for stealing over $5 million from the companies, which was intended for diversity, equity, and inclusion (DEI) initiatives.
The post Former Facebook Diversity Manager Sentenced to Prison for $5 Million DEI Scam appeared first on Breitbart.
While the leading indicators no longer point to a looming recession, the COnference Board says growth is likely to slow to a one percent pace in the second half of this year.
The post Leading Index For U.S. Economy Sinks Again, Indicating Sluggish Growth Ahead appeared first on Breitbart.
The Democrat-dominated California state legislature has once again rejected a proposal to create a single-payer health care system -- socialized medicine, or so-called "Medicare for All" -- due to the high cost amid budget deficits.
The post California Legislature Rejects ‘Medicare for All’ — Again — Over Costs, Deficit appeared first on Breitbart.
Walmart is reporting an increase in sales as shoppers have reportedly been buying more groceries due to rising fast food prices.
The post Report: Walmart Sees Increase in Sales as Shoppers Buy More Groceries over Rising Fast Food Prices appeared first on Breitbart.
During an interview with Bloomberg on Thursday, JPMorgan CEO Jamie Dimon stated that he sees “a lot of inflationary forces in front of us” including “the green economy, the remilitarization of the world, the infrastructure requirements, the restructuring of trade,
The post Dimon: ‘Green Economy’ Is Inflationary appeared first on Breitbart.
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As President Joe Biden announces new United States tariffs on several Chinese products, including Electric Vehicles (EVs), China-based corporations may evade those tariffs by rerouting production through other countries.
The post China May Attempt to Evade U.S. Tariffs by Routing Production through Mexico appeared first on Breitbart.
Jerome Powell might want to look away from the stock market. It's making a mockery of the idea that financial conditions are sufficiently restrictive.
The post Breitbart Business Digest: Dow 40,000 appeared first on Breitbart.
Former President Donald Trump has a narrow advantage over President Joe Biden nationally in both a hypothetical two-way race and in a deeper field, according to a Fox News poll.
The post Poll: Trump Has Slight Edge on Biden Nationally, as Voters Trust 45th President More on Immigration, Economy appeared first on Breitbart.
Taxpayers are turning on the public funding of National Public Radio (NPR), according to the latest DailyMail.com/TIPP survey.
The post Poll: Taxpayers Turning on Funding NPR appeared first on Breitbart.
On Thursday, the company reported earnings that fell short of Wall Street's expectations and Kevin Plank, the company's co-founder who returned to run the company in March, warned that reviving the sportswear brand will take time.
The post Under Armour CEO Plank Warns Of Plunging Sales and Layoffs Ahead appeared first on Breitbart.
Democrats in Colorado are using tax dollars to fund free legal assistance for migrants to double the number of asylum seekers settling there.
The post Colorado Uses Tax Dollars to Fund Free Legal Services to Double Immigrant Asylum Grants appeared first on Breitbart.
My hope is that Bob Iger sincerely believes Disney’s descent into pure evil has nothing to do with this $4 billion loss. I don’t want Disney to right its ship. I want Disney to die.
The post Nolte: Descent Into Evil Cost Disney+ $4 Billion as Stock Continues to Sink appeared first on Breitbart.
Comedian Jon Stewart targeted Rep. Nancy Pelosi (D-CA) for mockery on a recent episode of Comedy Central's "The Daily Show," saying Pelosi and other members of Congress "have inside information" that they blatantly use for personal financial gain.
The post Jon Stewart Mocks Nancy Pelosi’s Stock Market Acumen: ‘Legal Corruption’ Is ‘So F**king Lucrative’ appeared first on Breitbart.
China’s state-run Global Times on Wednesday dismissed tariffs that the Biden administration threatened as a “farce."
The post China Dismisses Joe Biden’s Proposed Tariffs as a ‘Farce’ appeared first on Breitbart.
More believe the economy will "get better" if former President Donald Trump is elected in November, and more believe it will get "worse" if President Joe Biden wins a second term, a recent survey from the Economist/YouGov found.
The post Poll: More Say Economy Will ‘Get Better’ if Trump Elected, ‘Worse’ if Biden Reelected appeared first on Breitbart.
On Wednesday’s broadcast of CNBC’s “Squawk Box,” Sen. Mark Warner (D-VA) responded to President Joe Biden’s prior criticism of the Trump China tariffs by stating that China doesn’t follow market rules and saying that “I’m sure I probably took a
The post Dem Sen. Warner: Biden and I Did Bash Trump’s Tariffs, But China Doesn’t Play Fair appeared first on Breitbart.
The White House says that you shouldn't take Joe Biden literally when he says inflation was nine percent when he took office—and tries to dodge responsibility for the price surge that has plagued his presidency.
The post Fact Check: White House Tries to Justify Biden’s Lies on Inflation appeared first on Breitbart.
One month's worth of data does not make a trend—unless it fits the consensus narrative that the Fed is going to cut interest rates a few times this year.
The post Breitbart Business Digest: Fed Is Still Not Cutting in September appeared first on Breitbart.
The National Institute of Statistics and Census of Argentina (INDEC) announced on Tuesday that inflation in Argentina continued its downward trend in April, reaching an 8.8 percent rate that month and dropping to a single digit for the first time in six months.
The post Argentina: Inflation Drops to 8.8%, Reaching Single Digits for First Time in 6 Months appeared first on Breitbart.
Billionaire businessman and real estate mogul Frank McCourt announced Tuesday that his Project Liberty organization is building a consortium to buy TikTok's U.S. business.
The post Former LA Dodgers Owner Frank McCourt Claims He Wants to Buy TikTok appeared first on Breitbart.
Google's Waymo self-driving vehicles may be causing big problems on the roads including accidents into stationary objects and ignoring traffic signals, according to the U.S. National Highway Traffic Safety Administration (NHTSA).
The post NHTSA Launches Investigation of Google’s Waymo over Self-Driving Cars Causing Accidents appeared first on Breitbart.
Ilya Sutskever, the co-founder and former chief scientist of OpenAI, has decided to leave the ChatGPT dedveloper after a tumultuous period marked by internal disputes and high-level management changes.
The post OpenAI Co-Founder Ilya Sutskever Leaves Company Amidst Internal Strife appeared first on Breitbart.
Breitbart economics editor John Carney said Wednesday on Fox Business Network's "Kudlow" that President Joe Biden was implementing tariffs incorrectly.
The post Carney on Kudlow: Biden Is Doing Tariffs Wrong appeared first on Breitbart.
Home builder sentiment unexpectedly turned negative in May as high rates and new regulations hit the sector.
The post Lack of Progress on Inflation Pushes Homebuilder Sentiment Back Into Negative Territory appeared first on Breitbart.
On Tuesday’s broadcast of CNBC’s “Squawk Box,” U.S. Trade Representative Amb. Katherine Tai stated that “with respect to clean energy technology, we have seen that the market operating on its own cannot provide the boost, the turbocharge that’s required to
The post U.S. Trade Rep.: Green Energy Can’t Rely on Market, It Won’t ‘Provide the Boost’ We Need appeared first on Breitbart.
The governments of India and Iran announced a decade-long agreement on Tuesday that would give India control and allow it to develop the port of Chabahar, a stop on the Gulf of Oman that offers India a favorable route to the Persian Gulf.
The post India Cuts Major Port Deal with Iran, Daring Biden to Sanction It appeared first on Breitbart.
Families racked up credit card debt and went into delinquencies at an increased rate since the pandemic, the New York Fed found Tuesday.
The post New York Fed: Credit Card Delinquency Spikes as Costs Soar Under Joe Biden appeared first on Breitbart.
The historically high inflation under President Joe Biden’s watch is “pushing small business to the brink,” Job Creators Network President Alfredo Ortiz writes in an op-ed at The Hill.
The post Alfredo Ortiz: Biden’s Inflation Is ‘Pushing Small Businesses to the Brink’ appeared first on Breitbart.
Dozens of protesters blocked the entrance to Google’s developer conference on Tuesday, demanding an end to the tech giant's collaboration with the Israeli government amidst the country’s war with Hamas in the Gaza Strip.
The post Pro-Hamas Tech Workers Protest Google’s Contacts with Israel at Developer Conference appeared first on Breitbart.
Economists had forecast a 0.3 percent increase in the month-t0-month figure and a 3.4 percent rise over 12 months.
The post Consumer Prices Up 3.4% Through April, In Line With Estimates appeared first on Breitbart.
California Gov. Gavin Newsom (D) has turned to climate change to explain how the state went from a $100 billion surplus two years ago to a $28 billion deficit, which would have been even higher prior to drastic actions last month.
The post Newsom Says Climate Change Partly to Blame for California Budget Deficit appeared first on Breitbart.
On Tuesday’s broadcast of CNN’s “AC360,” CNN Senior Political Commentator and former Obama adviser David Axelrod stated that while democracy issues are important, “if you’re sitting around the kitchen table talking about democracy and the future of democracy, it’s [probably]
The post Axelrod: Biden Is Self-Congratulating, Not ‘Advocating for People in a Tough Economy Because of the Inflation’ appeared first on Breitbart.
During an interview aired on Tuesday’s broadcast of NPR’s “Morning Edition,” U.S. Trade Representative Amb. Katherine Tai responded to concerns that the Biden administration’s China tariff regime, which includes keeping tariffs from the Trump administration, will be inflationary by stating that
The post U.S. Trade Rep. on Keeping Trump Tariffs: Studies Showed They Weren’t Inflationary appeared first on Breitbart.
Multinational automaker Stellantis is teaming up with Chinese automaker Leapmotor to boost sales of Electric Vehicles (EVs) overseas.
The post Stellantis Joins China Firm to Sell Electric Cars Overseas with Approval from Chinese Communist Party appeared first on Breitbart.
On Tuesday’s “PBS NewsHour,” Treasury Secretary Janet Yellen predicted that President Joe Biden’s tariffs won’t cause any meaningful price increases for typical families and responded to a question on her criticism of the Trump tariffs as “taxes on consumers” by
The post Yellen on Calling Trump Tariffs ‘Taxes on Consumers’: Biden’s Are ‘Targeted’ appeared first on Breitbart.
CLAIM: President Joe Biden claimed during an interview with Yahoo Finance that inflation was nine percent when he took office in January 2021.
The post Fact Check: Joe Biden Claims Inflation Was at 9% When He Took Office, Again appeared first on Breitbart.
Republican senators slammed the Biden administration's announcement Tuesday of increased tariffs on Chinese electric vehicles as being more about President Joe Biden's attempt to bolster his green agenda at the expense of U.S. automakers.
The post Republicans Slam Biden Tariffs on China: ‘Phony Attempt’ to Cover Up ‘Far-Left, Green Agenda’ appeared first on Breitbart.
Seafood restaurant chain Red Lobster has closed one hundred locations around the United States, according to its website.
The post Report: Red Lobster Closes 100 Locations Around U.S. appeared first on Breitbart.
President Joe Biden and congressional Democrats would face steep hurdles if they were to replace FDIC Chairman Martin Gruenberg.
The post Democrats Face Steep Hurdles to Replace FDIC Chairman in Wake of ‘Abusive’ Conduct at Agency appeared first on Breitbart.
The Chinese Communist Party’s (CCP) premier automaker, BYD, is selling a $12,000 Electric Vehicle (EV) that "could be a nightmare" for the United States auto industry without an all-out ban or steeper tariffs on such cars made by Chinese companies.
The post Report: China’s Cheap Electric Vehicles ‘Could Be Nightmare’ for American Auto Workers Without Steep Tariffs appeared first on Breitbart.
Jerome Powell still stubbornly resists the idea that the Fed's next move may be a hike rather than a cut.
The post Breitbart Business Digest: Powell Still Won’t Admit Rate Hikes Might Be Coming appeared first on Breitbart.
The job site Indeed announced it is preparing to lay off approximately 1,000 employees, a move that will affect mostly American workers.
The post Indeed to Lay Off 1,000 Workers, a Move Mostly Affecting U.S. Employees appeared first on Breitbart.
Cruise, the autonomous vehicle company backed by General Motors, has cautiously restarted its testing operations in Phoenix, Arizona, following a pedestrian-dragging incident in San Francisco that raised serious safety concerns.
The post Cruise Resumes Robotaxi Testing in Phoenix After Incident of Dragging Pedestrian Down San Francisco Street appeared first on Breitbart.
President Joe Biden has welcomed millions low-wage migrants to produce more goods and services — and an even bigger wave of children, mothers, and older people who consume goods and services needed by American families.
The post Joe Biden Imports Millions of Non-Working Migrant Consumers appeared first on Breitbart.
Elon Musk's Tesla has begun reinstating some of the nearly 500 employees from its Supercharging team who were laid off in late April, a massive U-turn after Musk was criticized for decimating the company's supercharger plans.
The post Elon’s Chaos: Tesla Reverses Course, Rehires Supercharger Team After Widespread Layoffs appeared first on Breitbart.
Mark Zuckerberg's Meta, Facebook and Instagram's parent company, is diving headfirst into the world of AI-powered wearables with its "Camerabuds" project, combining audio, video, and AI to form the ultimate surveillance capitalism data gathering tool.
The post Zuck’s Surveillance Dream: Meta Working on AI-Powered ‘Camerabuds’ that Gather Audio and Video appeared first on Breitbart.
The producer price index shows that inflation accelerated significantly in April.
The post Inflation Inferno: Producer Price Index Shows Prices Rising Much More Than Expected appeared first on Breitbart.
During an interview with Bloomberg on Monday, Treasury Secretary Janet Yellen stated that because interest rates are lower than they were in prior decades even with rate hikes, “we can probably manage and have a fiscally sustainable path with [a]
The post Yellen: We Can Likely Be Fiscally Sustainable with ‘Higher Ratio of Debt to GDP’ appeared first on Breitbart.
More than half of the foreign-born immigrant population in the U.S. under Joe Biden is unemployed, according to a recent report.
The post Report: More Than Half of Immigrants in U.S. Are Unemployed appeared first on Breitbart.
During an interview with Bloomberg on Monday, Treasury Secretary Janet Yellen responded to polling data on the economy and falling consumer sentiment by stating that “the cost of living in many areas is very high. And it is a concern
The post Yellen on Polls, Falling Sentiment: ‘Cost of Living in Many Areas Is Very High’ appeared first on Breitbart.
During an interview with Bloomberg on Monday, Treasury Secretary Janet Yellen commented on President Joe Biden’s reported forthcoming announcement of increased tariffs on China by stating that the move is being made because President Joe Biden wants to protect “the
The post Yellen: We Need Tariffs to Protect ‘Stimulus’ from ‘Inflation Reduction Act’ appeared first on Breitbart.
Seafood restaurant chain Red Lobster has closed nearly 50 locations around the United States, according to a liquidation company.
The post Report: Red Lobster Closes Almost 50 Locations Around U.S. appeared first on Breitbart.
Mothers are back to work in droves in Biden's inflated economy after the government shuttered businesses and closed schools during the pandemic.
The post U.S. Department of Labor: More Mothers Working Than Before Pandemic appeared first on Breitbart.
The tallest building in Fort Worth, Texas, has been sold at a foreclosure auction for less than nine percent of its purchase price from just three years ago, according to the Dallas Business Journal.
The post Fort Worth’s Tallest Building Sells for Less Than 9% of 2021 Purchase Price appeared first on Breitbart.
Joe Biden is not a general, but he suffers from the generals' curse of always fighting the last war.
The post Breitbart Business Digest: Biden Is Fighting 2009’s Economy in 2024 appeared first on Breitbart.
Shares of video game retailer GameStop skyrocketed up more than 70 percent on Monday after Keith Gill, known as "Roaring Kitty" on social media and the leader of the meme stock movement posted a photo to his X/Twitter account for the first time since 2021.
The post Revenge of the Meme Stocks: GameStop Shares Soar 70+% After Return of ‘Roaring Kitty’ to X/Twitter appeared first on Breitbart.
President Joe Biden's poor economy for Main Street is the number one issue facing voters in the 2024 election.
The post Poll: Majority of Voters Say Biden’s Economy Crippled Their Finances appeared first on Breitbart.
Elon Musk's social media platform X/Twitter won a court reprieve on Monday in a fight against the Australian government's censorship of videos of a stabbing inside a Sydney church.
The post Elon Musk’s X/Twitter Wins Court Reprieve Against Australian Censorship of Church Stabbing Video appeared first on Breitbart.
Public Eye, a human rights advocacy group based in Switzerland, blasted Chinese fashion giant Shein for demanding excessive overtime from its workers in a 2021 report.
The post Report: Employees Slaving 75 Hours a Week for Chinese Fashion Giant Shein appeared first on Breitbart.
In today’s edition of Getting What You Vote For, the dummies in California are about to get hit with a 50-cent per gallon gas tax.
The post Nolte: Democrat-Run California About to Get Hit with 50 Cent per Gallon Gas Tax appeared first on Breitbart.
Recent testimony in the ongoing legal battle between Apple and Fortnite developer Epic Games has revealed that major app developers have not embraced Apple's new outside payment options earlier this year, citing high fees and a lack of meaningful changes. The judge in the case criticized Apple's new policies, saying, "I'm looking for data and it sounds like you all made lots of decisions without data."
The post Judge Criticizes Apple’s ‘Decisions Without Data’ in App Store Changes appeared first on Breitbart.
In a remarkable breakthrough, 18-month-old Opal Sandy from Britain has become the first and youngest person worldwide to regain hearing through innovative gene therapy.
The post Groundbreaking Gene Therapy Restores Hearing in Deaf Toddler appeared first on Breitbart.
During an interview with PBS’s “Firing Line” that took place on May 1 and was released on Friday, Washington Post columnist and CNN host Fareed Zakaria stated that the way we’re subsidizing chip companies to manufacture in the U.S. isn’t effective because
The post Zakaria: Our Chip Subsidies Are Rewarding Those Who Are Less Innovative the Most appeared first on Breitbart.
A new trend is reportedly emerging in China: using AI to create digital replicas of deceased loved ones, allowing people to interact with them even after they've passed away.
The post China Uses AI Deepfake Technology to Replicate Deceased Loved Ones appeared first on Breitbart.
Gen Z is struggling financially with low income and higher debt-to-income ratios than Millennials did when they were their age, according to a recent study.
The post Report: Gen Z Struggling with Low Income, Higher Debt-to-Income Ratio Compared to Millennials appeared first on Breitbart.
As Google prepares for its annual I/O conference, the tech industry is abuzz with news that OpenAI is gearing up to announce a search product powered by AI that could directly compete with the search giant.
The post Report: OpenAI Could Announce AI-Powered Search to Take on Google This Week appeared first on Breitbart.
Viewers continue to flee CNN and other networks owned by Warner Bros. Discovery in droves, pushing down advertising revenue in what has become a non-stop free fall for the cable TV industry.
The post CNN, Other Warner Bros. Discovery Networks See Advertising Plunge 11 Percent as Viewership Plummets appeared first on Breitbart.
The Bank of England has admitted that mass migration is a chief factor in the increasing cost of rent in the country.
The post You Don’t Say! Bank of England Admits Mass Migration Driving Up Cost of Housing in Britain appeared first on Breitbart.
Tesla's Head of Product, Rich Otto, announced his departure on Wednesday after seven years with Elon Musk's EV company, expressing concerns over recent layoffs and their impact on morale.
The post Elon Musk’s Tough 2024 Continues: Tesla’s Head of Product Resigns appeared first on Breitbart.
General Motors has confirmed the end of one of the most popular sedans in the U.S. as the company switches focus to electric vehicles (EVs).
The post General Motors Scraps Chevrolet Malibu, Switches Focus to Electric Vehicles appeared first on Breitbart.
Gov. Gavin Newsom (D-CA) announced his proposed $288 billion state budget, which would cut thousands of vacant state jobs and funding to more than 200 state programs in order to close the state's $27.6 billion deficit.
The post Gavin Newsom Proposes Cutting 10,000 Vacant State Jobs to Close State Deficit appeared first on Breitbart.
The Chinese government celebrated heavy travel and tourism during China’s Labor Day holiday season, which ran from May 1 to May 5, as a sign the struggling economy is beginning to recover.
The post Foreigners Avoid China as Domestic Tourism Picks Up appeared first on Breitbart.
There's really no mystery why so many people are unhappy with the Biden economy.
The post Breitbart Business Digest: One Chart Shows Why So Many People Hate the Biden Economy appeared first on Breitbart.
President Joe Biden's border chief says the White House's border plan "is working."
The post Mayorkas Claims Joe Biden’s Border Policy Is ‘Working’ appeared first on Breitbart.
ChatGPT developer OpenAI recently released draft documentation exploring the possibility of allowing users to generate porn and other explicit content through its AI technology.
The post Smut Peddlers: OpenAI Exploring Allowing Generation of AI Porn appeared first on Breitbart.
Sens. Josh Hawley, Marco Rubio, and J.D. Vance are demanding Joe Biden block Japan's Nippon Steel Corporation from buying U.S. Steel.
The post Sens. Hawley, Rubio, Vance Demand Joe Biden Block Japanese Corp. from Buying U.S. Steel appeared first on Breitbart.
Biden's late-in-the-game embrace of tariffs is widely seen as an election year pivot to win support in battleground states.
The post Trump Lite? Biden Reportedly Plans To Announce Election Year Tariffs On Chinese Green Tech appeared first on Breitbart.
Elon Musk's Neuralink is facing its first major challenge as the threads recording neural activity for its first human brain implant "retracted" several weeks after the surgery. This has vastly decreased the functionality of the implant.
The post Elon’s Creepy Brain Chip Goes Bad: Neuralink Reports First Human Implant Has ‘Malfunctioned’ appeared first on Breitbart.
Tech giant Google is reportedly preparing to exit its 300,000-square-foot office at One Market Plaza in San Francisco when its lease expires in April 2025.
The post Google Ends Lease on Massive Office Complex in Heart of San Francisco appeared first on Breitbart.
Elon Musk's has reportedly instituted a hiring freeze across its North American operations, following weeks of layoffs that have impacted thousands of employees.
The post Elon Isn’t Hiring: Tesla Implements Hiring Freeze Amidst Ongoing Layoffs appeared first on Breitbart.
The British economy bounced back strongly in the first three months of the year, bringing to an end to the technical recession.
The post UK Economy Leaves Recession With Stronger Than Expected Growth, Office For National Statistics Says appeared first on Breitbart.
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The specter of inflation haunts the corridors of the West Wing, and the Biden administration's every attempt to exorcise the poltergeist of rising prices only deepens the grip of its possession.
The post Breitbart Business Digest: Inflation Tightens Its Grip on Biden’s Re-Election Prospects appeared first on Breitbart.
Joe Biden’s disastrous economic policies mean young people are saddled with more credit card debt than previous generations.
The post Nolte: Bidenomics Sinks Gen Z Even Deeper into Unprecedented Debt appeared first on Breitbart.
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