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Yesterday β€” August 17th 2022Your RSS feeds

Breitbart Business Digest: Markets Doubt Fed Resolve After Reading July Minutes

The market continues to show skepticism about the Fed's commitment to keep raising rates to fight inflation.
Before yesterdayYour RSS feeds

Breitbart Business Digest: Our Split-Personality Economy

The good economic news about last month or the month before that is bad news for months ahead of us.

Breitbart Business Digest: No One Believes Jerome Powell

After four straight weeks of gains for the stock market, it is time to admit that Jerome Powell has a problem.

Breitbart Business Digest: Immaculate Disinflation Expectations

The public may be underestimating how hard it will be to bring down inflation.

Breitbart Business Digest: Inflation May Be Keeping Americans Out of the Work Force

U.S. employers added a jaw-dropping 528,000 jobs in July, far more than expected, and wages jumped higher than expectedβ€”and yet the number of people working or looking for work declined. Where is everyone?

Breitbart Business Digest: Joe Manchin's Wimpy Inflation Bill

Like the famous cartoon character Wimpy who promises to pay on Tuesday for a hamburger today, Sen. Joe Manchin's inflation bill promises to pay for all its extra spending today with savings sometime in the future.

Breitbart Business Digest: Stock Market Has Best July Since 1939

July was the best month for stocks since 2020 and the best July for the S&P since 1939. It was also the month in which forecasts of recessions went mainstream.

Breitbart Business Digest: Biden's Incredible Shrinking Economy

Gross domestic product shrank again last quarter, confirming the widespread impression that the economy is lousy.

Breitbart Business Digest: The Inflation Tax Hits Walmart

When inflation increases the cost of necessities like food and energy, it draws spending away from other parts of the economy. This dynamic – often referred to as the β€œinflation tax” – is now expected to take a big bite out of Walmart’s earnings.

Breitbart Business Digest: Recession Calling

The recession is calling, but it's probably not paying its phone bill on time.