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We have discovered something that the supporters of Kamala Harris and Donald Trump agree on: the Federal Reserve's half-point interest rate cut this week was a political gift to Harris.
The post Breitbart Business Digest: Everyone Agrees the Fed Cut Was a Gift to Kamala Harris appeared first on Breitbart.
Elon Musk is criticizing the FAA's proposed fines for SpaceX, calling on the agency to instead focus on Boeing's Starliner mishaps. Musk characterizes the FAA's problems with SpaceX as "trivia," while Boeing left NASA astronauts stranded in space for months with its spacecraft.
The post Elon Musk Criticizes FAA for Fining SpaceX over ‘Petty Matters’ While Boeing Strands Astronauts in Space appeared first on Breitbart.
Contrary to the president's claim, Biden appointed Powell to lead the Fed for a second term in 2021 and has met with the chair multiple times.
The post Biden Confusingly Makes False Claim He Never Met With Fed Chair Powell appeared first on Breitbart.
The Federal Reserve’s decision on Wednesday to begin lowering interest rates raises the question of how fast rates should be expected to decline.
The post Breitbart Business Digest: The Fed Will Struggle to Back Off Big Cuts Now appeared first on Breitbart.
On Wednesday’s broadcast of CNN International’s “First Move,” CNN Business Editor-at-Large, International Business Correspondent, and host Richard Quest stated that 2024 Republican presidential candidate former President Donald Trump has a point that the Federal Reserve is “either playing politics or you’ve
The post CNN’s Quest: Trump’s Right That Fed’s ‘Either Playing Politics’ or ‘Things Are Worse’ appeared first on Breitbart.
On Wednesday’s broadcast of the Fox Business Network’s “Kudlow,” Breitbart News economics editor John Carney stated that the Federal Reserve should have waited until after the election to make rate cuts and that by announcing a cut of 50 basis points
The post Carney on ‘Kudlow’: The Fed Tied Its Own Hands with Rate Cut Decision appeared first on Breitbart.
Fed policy is not formally on the ballot in November, but interest rates over the next four years may turn on the results of the election.
The post Breitbart Business Digest: What The Election Means for Fed Policy appeared first on Breitbart.
SpaceX CEO Elon Musk has announced that his company will file a lawsuit against the Federal Aviation Administration (FAA) in response to a proposed $633,009 fine related to unapproved launches last year, which Musk calls "lawfare."
The post Elon Musk Vows to Sue FAA over Agency’s ‘Lawfare’ Against SpaceX appeared first on Breitbart.
Fed officials now see more unemployment and less inflation this year and next year.
The post Fed Goes Big: Cuts Rates by Half Percentage Point appeared first on Breitbart.
As the Fed prepares to cut rates again, it’s worth remembering that rate cuts are never free, even when they seem like an easy fix. For the market, it’s always fun while it lasts, but the reckoning is rarely far behind.
The post Breitbart Business Digest: The Ugly History of Preemptive Fed Cuts appeared first on Breitbart.
A Chinese national named Song Wu, employed by a gigantic Chinese state-owned defense conglomerate, was indicted in the Northern District of Georgia on Monday for a scheme to hack U.S. government agencies including NASA, the Army, the Navy, the Air Force, and the Federal Aviation Administration (FAA).
The post Employee of Chinese State-Owned Defense Contractor Charged with Hacking NASA, U.S. Military appeared first on Breitbart.
New York's manufacturing sector expanded in September for the first time in nearly a year.
The post Empire State Manufacturing Index Unexpectedly Skyrockets appeared first on Breitbart.
If the Biden-Harris administration's policies are not hurting the economy, why are prominent Democrats urging the Federal Reserve to announce a super-sized interest rate cut?
The post Breitbart Business Digest: Democrat Senators Demand Super-Sized Rate Cut appeared first on Breitbart.
An FBI official who spoke to reporters about the second assassination attempt on Donald Trump reportedly has a history of hating the former president.
The post Concerns Arise About FBI Lead Agent in Miami Field Office Tasked with Investigating Second Trump Assassination Attempt appeared first on Breitbart.
In early September 1864, the war was not going well for the North. Lincoln had staked the Republican Party’s political future on military victory over the Confederacy, yet Confederate General Jubal Early’s army had nearly marched on Washington. Another military failure on the battlefield would be disastrous for Lincoln.
The post Exclusive–O’Donnell: The Largely Forgotten Battle that Changed the Course of an Election appeared first on Breitbart.
Someone call in the vice principal for student discipline! The market is bullying the Federal Reserve again.
The post Breitbart Business Digest: The Fed Does Not Need to Rush to Cut Rates appeared first on Breitbart.
Tens of thousands of conservatives joined a rally in Sao Paulo on Saturday – Brazilian Independence Day – in support of former President Jair Bolsonaro and denouncing the recent Supreme Court ban on the social media outlet Twitter (X), among other issues.
The post Brazil: Jair Bolsonaro Leads 45,000 Conservatives Rallying Against Supreme Court, Twitter Ban appeared first on Breitbart.
On Sunday Elon Musk countered Kamala Harris's ongoing gun control push with an X post which framed "the right to bear arms" as the means of protecting all other rights.
The post Elon Musk: Right to Gun Ownership Is There to Stop Government from ‘Taking Your Rights Away’ appeared first on Breitbart.
Wall Street donors to Vice President Kamala Harris's presidential campaign are pleading with her to fire the nation's top trust-buster at the Federal Trade Commission (FTC), Lina Khan. The donors complain that Khan has held up corporate mergers that they stand ready to profit from.
The post Wall Street Donors Beg Kamala Harris to Fire FTC Trust-Buster Lina Khan appeared first on Breitbart.
Progressive mandates have bogged down the Biden-Harris expansion of broadband so that not one American has been connected 1,024 days after lawmakers passed the so-called infrastructure bill.
The post Biden-Harris Broadband Push Connects Zero Americans Thanks to Progressive Mandates appeared first on Breitbart.
A former deputy chief of staff to Gov. Kathy Hochul (D-NY) and her husband were arrested Tuesday, according to a law enforcement official.
The post Police: FBI Arrests Ex-Hochul Aide and Husband amid Corruption Probe appeared first on Breitbart.
The FAA has grounded SpaceX's Falcon 9 rocket for the second time in less than two months following a failed booster landing attempt during the Starlink 8-6 mission.
The post FAA Grounds the SpaceX Falcon 9 Rocket Following Landing Mishap appeared first on Breitbart.
The federal funds futures market is pricing in a cut in each of the remaining three meetings of the Federal Open Market Committee this year.
The post Breitbart Business Digest: The Market Goes Manic for Rate Cuts appeared first on Breitbart.
Cutting rates too quickly could lead to a resurgence of inflation, forcing the Fed into a tighter monetary policy stance down the road.
The post Breitbart Business Digest: The Potential Danger in Powell’s Jackson Hole Dovishness appeared first on Breitbart.
Powell says Fed needs to cut to prevent further weakening of the labor market.
The post Jerome Powell Declares ‘Time Has Come’ For Fed to Cut Rates appeared first on Breitbart.
An Ohio school district compelled a Christian teacher's speech by telling her to use the "preferred pronouns" of transitioning students, a federal court ruled.
The post Federal Court: Ohio School District Compelled Teacher to Use Students’ ‘Preferred Pronouns’ appeared first on Breitbart.
A federal judge in Texas is blocking the Federal Trade Commission's (FTC) rule banning non-compete employment agreements that would have prohibited United States businesses from imposing such clauses on millions of American workers.
The post Judge Blocks Federal Trade Commission Rule Banning Non-Compete Clauses on American Workers appeared first on Breitbart.
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