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On Friday’s broadcast of NewsNation’s “The Hill,” White House Senior Adviser Gene Sperling discussed the recent jobs report and stated that things are “not good enough, because people are still facing too high costs in their family and personal lives.
The post White House: We Have Job Market That’s ‘Better Than Even a Soft Landing’ appeared first on Breitbart.
The Federal Reserve admitted yesterday that progress on inflation has stalled and that it will take longer for the Fed to achieve the confidence it needs to cut interest rates.
The post Breitbart Business Digest: The Fed Finally Realized Progress on Inflation Has Stalled appeared first on Breitbart.
President Joe Biden's mass migration is boosting inflation, chiefly by raising housing prices, according to the Economist, a U.K.-based pro-globalism magazine.
The post Globalist Magazine Admits Joe Biden’s Migration Spikes Inflation appeared first on Breitbart.
The vast majority of respondents in a YouGov/Economist poll believe that President Joe Biden's America is "out of control."
The post Poll: Nearly Seven in Ten Think Joe Biden’s America Is ‘Out of Control’ appeared first on Breitbart.
The Fed chair does not see a rate hike coming but he acknowledged that recent setbacks on inflation mean the current rate policy will last for longer than anticipated.
The post Powell Says A Fed Hike Is ‘Unlikely’ But Wait For Cuts Will Take Longer appeared first on Breitbart.
Donald Trump is expected to lay out the horrible effects Bidenflaiton has had on Wisconsin families at a rally in Waukesha on Wednesday.
The post Donald Trump at Rally: Wisconsin Families on Average Lost $20K-$30K Due to Bidenflation ‘Tax’ appeared first on Breitbart.
Federal Reserve officials agreed on Wednesday to hold interest rates steady for the sixth consecutive meeting, signaling that it is willing to keep rates at the highest level in more than two decades for longer than previously expected and noting that progress on bringing down inflation has stalled.
The post Fed Keeps Rates Unchanged, Noting Progress on Inflation Has Stalled appeared first on Breitbart.
A rare miss on profits for the fast-food chain.
The post McDonald’s Earnings Dragged Down By Inflation And Israel-Hamas War Boycotts appeared first on Breitbart.
As the evidence keeps pouring in that the U.S. is still mired in an inflationary economy, the possibility that the Federal Reserve will be forced to increase interest rates can no longer be ignored.
The post Breitbart Business Digest: It’s Time for the Fed to Start Talking About Hikes appeared first on Breitbart.
Despite the Biden administration's attempts to convince Americans that the economy is improving, consumer confidence has been sliding for the last three months.
The post Consumer Confidence Unexpectedly Slumps To Lowest Level In Nearly Two Years appeared first on Breitbart.
The odds of a Fed cut are evaporating amid the blaze of hotter than expected inflation figures.
The post U.S. Labor Costs Jump, Indicating Rising Inflationary Pressures appeared first on Breitbart.
Former President Donald Trump has opened his biggest lead ever captured in the CNN poll of the American electorate, enjoying a six-point advantage over incumbent Democrat President Joe Biden.
The post Donald Trump Takes Biggest Lead Ever over Joe Biden in CNN Poll, Third-Party Candidates Expand Trump Lead appeared first on Breitbart.
On Friday’s broadcast of the Fox Business Network’s “Cavuto: Coast to Coast,” Deputy Treasury Secretary Wally Adeyemo commented on the PCE inflation report and stated that inflation has dropped and they expect it to continue to do so and that
The post Deputy Treasury Sec’y: Biden Helped Lower Inflation, But Food Companies Are Gouging appeared first on Breitbart.
On Friday’s broadcast of Bloomberg’s “Balance of Power,” White House Council of Economic Advisers Chair Jared Bernstein reacted to the March PCE report that showed the yearly PCE inflation rate increasing with the annual core rate holding steady along with
The post White House on PCE Inflation Increase: ‘Nice to Hit the Expectations’ — Expect ‘Bumpy Path Down’ to Target Rate appeared first on Breitbart.
Rising inflation has led consumers to rethink the idea that inflation was going to come down a lot this year.
The post Consumer Inflation Expectations Unexpectedly Climb appeared first on Breitbart.
The PCE index shows that progression on bringing down inflation has stalled.
The post Fed’s Preferred Inflation Gauge Show Prices Rising Sharply appeared first on Breitbart.
It is unlikely that the Fed will cut rates at all this year; and, if inflation stays hot, it may find that it will need to begin a new cycle of rate hikes sometime next year.
The post Breitbart Business Digest: There Are No Fed Cuts Ahead This Year appeared first on Breitbart.
The pace of economic growth in the first three months of the year was far more sluggish than anyone expected—and inflation was much higher.
The post Breitbart Business Digest: Inflation Is Too Hot for the Fed to Cut Despite Sluggish Growth appeared first on Breitbart.
On Wednesday’s broadcast of CNBC’s “Squawk Box,” Professor of the Practice of Economic Policy at Harvard University and the Harvard Kennedy School Jason Furman, who served as Chairman of the Council of Economic Advisers under President Barack Obama and on the
The post Fmr. Obama Adviser: The Goal of Biden Loan Plan Will Increase Interest Rates, Inflation, Mortgage Rates appeared first on Breitbart.
A whopping 85 percent of New Yorkers said the cost of food is rising faster than their income in a poll released Tuesday.
The post Poll: 85% of New Yorkers Say Grocery Costs Are Rising Faster than Their Income appeared first on Breitbart.
President Joe Biden's approval rating is deep underwater on what Americans rated as their top two issues in an Economist/YouGov poll.
The post Poll: Biden Deep Underwater on Top Issues of Inflation, Immigration appeared first on Breitbart.
Money printer go brrrrrrrrrrrrrrr
The post Bidenflation Warning: Money Supply Surges To Highest Level In Over A Year appeared first on Breitbart.
Almost 38 percent of renters in the United States do not believe they will ever be able to call themselves homeowners, per a survey.
The post Survey: Nearly 38 Percent of U.S. Renters Do Not Believe They Will Ever Be Homeowners appeared first on Breitbart.
Argentine President Javier Milei announced that Argentina registered a 0.2 percent surplus of its GDP for the first time since 2008.
The post Javier Milei Announces First GDP Surplus for Argentina Since 2008 appeared first on Breitbart.
Breitbart Economics Editor John Carney is calling for a national Inflation Day protest this June to demand policy change on the most pressing issue for Americans.
The post Carney on ‘Kudlow’: We Need a National Inflation Day Protest This June appeared first on Breitbart.
Perhaps if we started an Inflation Day movement, more attention could be drawn to the fact that rising price levels are the results of public policy choices.
The post Breitbart Business Digest: Earth Day Is Over. Let’s Talk About Inflation Day. appeared first on Breitbart.
The already insane cost of purchasing a home has hit a new high, thanks to the ongoing horror show that is Bidenomics.
The post Nolte: Bidenomics Drives House Prices to Another Record High appeared first on Breitbart.
President Biden signature issues are ranked low among Americans' national concerns.
The post Earth Day: Americans Are Far More Worried About Bidenflation Than Climate Change appeared first on Breitbart.
The country is not moving in the right direction, and the economy is a major a factor. But the legacy media is focused on wall-to-wall coverage of he who is known as “The Bad Orange Man.”
The post Breitbart Business Digest: Trump Trial Isn’t Distracting Americans from the Ravages of Bidenomics appeared first on Breitbart.
Fast food prices in California jumped during the six-month period before the Democrat-run state mandated a $20 minimum wage for the industry.
The post Study: Democrat-Run California’s Fast Food Prices Jumped Seven Percent Prior to $20 Minimum Wage appeared first on Breitbart.
On Thursday’s broadcast of the Fox News Channel’s “Your World,” Minneapolis Federal Reserve Bank President Neel Kashkari stated that stimulus spending was “a contributor to the high inflation that we’ve seen.” And “the spending on infrastructure, the spending on new chip
The post Minneapolis Fed Pres: Biden Spending on Chips, Infrastructure ‘Is Inflationary’ and There Are ‘Cross-Purposes’ appeared first on Breitbart.
As is so often the case with Bidenomics, even good news is bad news because of the upward inflationary pressure.
The post Breitbart Business Digest: Good News Is Bad News in Biden’s Economy appeared first on Breitbart.
A Whole Foods shopper shared her frustration at reportedly paying $7 for an apple as people across America struggle with inflation.
The post WATCH — ‘Guess How Much’: Whole Foods Shopper Claims Apple Costs $7 Due to Soaring Inflation appeared first on Breitbart.
During an interview with Nexstar Media that took place on Tuesday and was released on Wednesday, President Joe Biden stated that inflation “is being stubborn and not going down to the 2% we need. But, it’s significantly different,” than where
The post Biden: Inflation ‘Is Being Stubborn’ — Things Like Junk Fees Are What ‘Really’ Impact People appeared first on Breitbart.
The latest edition of the Beige Book provides far more red flags than silver linings.
The post Breitbart Business Digest: Beige Book Provides Gloomy Outlook for U.S. Economy appeared first on Breitbart.
Actor John Leguizamo isn't happy that former President Donald Trump is gaining ground with Hispanic voters.
The post John Leguizamo Whines that Trump Is Gaining with Hispanics, Admits Inflation Is ‘Bad Right Now’ appeared first on Breitbart.
Jerome Powell spoke today from our nation's capital and indicated what we all know to be true: The Fed has no business cutting rates at this time.
The post Breitbart Business Digest: Powell Speaks and States the Obvious—No Rate Cuts Are Coming appeared first on Breitbart.
On Friday’s broadcast of CNBC’s “Squawk on the Street,” BlackRock CEO Larry Fink stated that it will be difficult to reach 2% inflation and one reason is “We have a trillion dollars of fiscal stimulus in the CHIPS Act, the
The post BlackRock’s Fink: Spending in ‘Inflation Reduction Act’ Will Make It Harder to Lower Inflation appeared first on Breitbart.
On Friday’s broadcast of CNBC’s “Squawk Box,” Agriculture Secretary Tom Vilsack responded to a question on if spending in the Inflation Reduction Act will create inflationary pressure by stating that “One of the things that I think is missed about the
The post Ag Sec’y Vilsack on Inflationary Pressure from ‘Inflation Reduction Act’ Spending: The Law’s ‘Paced’ appeared first on Breitbart.
In the first three months of the year, inflation measured by the consumer price index has run at a 4.6 percent annualized rate, much higher than the 1.9 percent rate in the final three months of last year.
The post Bidenflation’s Resurgence Sends Consumer Sentiment Tumbling appeared first on Breitbart.
Former Speaker of the House Newt Gingrich has suggested President Joe Biden’s “economic failure” may well be his downfall in November’s presidential election.
The post Newt Gingrich: Bidenomics ‘Means You Get Less for More’ appeared first on Breitbart.
On Thursday’s broadcast of Bloomberg’s “Balance of Power,” White House Council of Economic Advisers member Heather Boushey stated that the March PPI inflation data, which showed the highest level in almost a year, “tempers” worries in the wake of the
The post White House: PPI Inflation Hitting 11-Month High ‘Tempers’ Worries, ‘Inflation Has Been Coming Down’ appeared first on Breitbart.
On Thursday’s broadcast of Bloomberg’s “Balance of Power,” White House Council of Economic Advisers member Heather Boushey stated that President Joe Biden is fighting inflation and its impact by “lowering the cost of student debt for all of those borrowers”
The post White House: Biden’s Fighting Inflation with Student Loan Plan appeared first on Breitbart.
Donald Trump leads Joe Biden in North Carolina, where inflation and national security are the leading issues for voters, per a poll.
The post Poll: Donald Trump Leads Joe Biden in North Carolina, Where Inflation, National Security Are Top Issues appeared first on Breitbart.
When Biden took office, inflation was running below the Fed's two percent target. It only took off after he pushed through his $1.9 trillion stimulus package.
The post Fact Check: Biden Blames Inflation on Trump appeared first on Breitbart.
Delinquency rates among American credit card holders are at an all-time high, according to a Federal Reserve Bank of Philadelphia report.
The post Nolte: Bidenomics Drives Credit Card Delinquencies to Record High appeared first on Breitbart.
Core inflation rose for a third consecutive month, the producer price index showed Thursday.
The post Bidenflation: Core Producer Prices Up The Most Since September appeared first on Breitbart.
On Wednesday’s broadcast of “CNN Newsroom,” Biden Campaign Co-Chair Rep. James Clyburn (D-SC) responded to criticism by Biden’s former Chief of Staff Ron Klain of President Joe Biden for touting infrastructure when people are dealing with inflation by stating, “Well,
The post Biden Co-Chair Clyburn on Klain Inflation Criticism: ‘I’m Not an Economist’ ‘Don’t Know How These Issues Really Work’ appeared first on Breitbart.
The victory over inflation that the Biden administration and many on Wall Street were eager to celebrate last year now seems to have been, well, transitory.
The post Breitbart Business Digest: March Inflation Report Kills Chance of a June Rate Cut appeared first on Breitbart.
The U.S. Postal Service (USPS) has proposed a 7.8 percent price increase for stamps to "achieve financial stability."
The post U.S. Postal Service Announces Sixth Price Increase Since 2020 appeared first on Breitbart.
Haircare costs increased since 2023 under President Joe Biden, March CPI numbers revealed on Wednesday.
The post Salonflation: Haircare Inflation Takes a Snip Out of Consumers’ Wallets appeared first on Breitbart.
Exit polls in South Korea’s midterm elections on Wednesday predicted a landslide win for the left-wing Democratic Party (DP) and its “sister party,” the Democratic United Party (DUP).
The post South Korea: Exit Polls Predict Landslide Leftist Win in Midterm Elections appeared first on Breitbart.
The prices of auto repair, auto insurance, and parking have surged since 2023, according to March Consumer Price Index (CPI) data.
The post Car Ownership Prices Accelerate: Bidenflation Hits Auto Repairs, Car Insurance, and Even Parking Prices appeared first on Breitbart.
The costs of daycare and school have soared to nearly five percent since 2023, March Consumer Price Index (CPI) data shows.
The post Kidflation: Daycare and School Prices Soar appeared first on Breitbart.
President Joe Biden's former chief of staff Ron Klain complained during a recent event that the president was too focused on taking victory laps on infrastructure projects and not doing enough to address voters' immediate concerns, such as the price of groceries, according to a report.
The post Former Biden Chief of Staff Ron Klain Says Biden Taking Victory Lap While Grocery Prices Are Too High appeared first on Breitbart.
Prices of dental care, eye care, and personal care have increased since 2023, March Consumer Price Index (CPI) data revealed Wednesday.
The post Open Wide: Bidenflation Pushes Up Dental Care, Eye Care, Personal Care Products appeared first on Breitbart.
Inflation under Joe Biden has sent the costs of maintaining a household soaring. Rent, electricity, and garbage collection prices are all up.
The post Gimme Shelter: Inflation Pushing Up Rents, Garbage Collection, Electricity appeared first on Breitbart.
The worse than expected inflation likely dashes hopes for a rate cut in June.
The post Bidenflation Reignited: Consumer Prices Rise More Than Expected For Third Straight Month appeared first on Breitbart.
There's a specter haunting Wall Street. The specter of resurgent inflation.
The post Breitbart Business Digest: March Inflation Looms Over Wall Street appeared first on Breitbart.
All 371 locations of the 99 Cents Only stores are shutting down, with company executives blaming the "difficult" decision on such causes as "inflationary pressures."
The post 99 Cents Only Stores Closing All 371 Locations, Citing ‘Inflationary Pressures’ appeared first on Breitbart.
A $100 grocery haul in 2019 costs almost $140 today for the same common items, causing consumers to "become creative to cope."
The post Analysis: Grocery Prices Nearing 40 Percent Higher Than In 2019 appeared first on Breitbart.
The fossil fuel industry is cashing in on the $7.5 billion for electric vehicle (EV) charging stations that President Joe Biden approved in the Inflation Reduction Act, lobbying to have the stations built at existing gas station locations.
The post Report: Fossil Fuel Lobby Cashes in on Biden’s $7.5 Billion for EV Chargers appeared first on Breitbart.
Breitbart economics editor John Carney said Thursday on Fox Business Network's "Kudlow" that former President Donald Trump's trade philosophy was about "reciprocity."
The post Carney on Kudlow: Trump’s Trade Philosophy Is ‘If You Are Fair with Us, We Will Be Fair to You’ appeared first on Breitbart.
The Atlanta Fed said inflation is falling much more slowly than expected, so the Fed will probably not cut rates until the end of the year.
The post Bostic Says Fed Should Wait Until November or December To Cut Rates appeared first on Breitbart.
On Wednesday’s broadcast of MSNBC’s “All In,” former Biden Chief of Staff Ron Klain stated that “Prices are too high” and “the price of gasoline is still high, other prices are still high, and people feel that pinch.” And President
The post Klain: ‘Prices Are Too High’ and Biden Needs ‘More Progress’ and to ‘Use His Tools’ on Border appeared first on Breitbart.
In the economic seas we're currently navigating, the idea of a Fed rate cut is starting to look like a theoretical exercise detached from the practical realities on the ground.
The post Breitbart Business Digest: Fed Cuts May Have to Wait Until After the Election appeared first on Breitbart.
The potential that the Fed's next move is up instead of down is arguably the most underpriced risk in the market.
The post Breitbart Business Digest: The Most Underpriced Risk in the Market Right Now appeared first on Breitbart.
Bidenflation is freaking people out as they look forward to their retirement years.
The post Nolte: Amount of Money People Believe They Need for Retirement Jumps 53% in Biden’s America appeared first on Breitbart.
On Monday’s broadcast of NBC’s “Today,” President Joe Biden responded to a question on what he would say to people whose money isn’t going as far due to inflation by saying, “we have the best economy in the world. We’ve
The post Biden on Inflation: COVID Will Have ‘Lasting Effect’ and Must ‘Get People to Move Again’ and Improve ‘Best Economy’ appeared first on Breitbart.
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