Drew Angerer/Getty Images Trump Drops a Truth on Powell Federal Reserve Chairman Jerome Powell is the latest target of a Donald Trump âTruth Bombâ barrage on his Truth Social platform. Powell had delivered a speech at the Economic Club of Chicago the day before in which he was not overly enthusiastic about the presidentâs Liberation
Breitbart Business Digest: The Tariff Tantrum Sends Economists into Frenzy of Fear
April 9, 2025 by
Larry Summers Is Very, Very Worried About Tariffs The hope that markets had already priced in the cost of reciprocal tariffs was dashed this week by the calamitous decline of nearly every asset traded by man and robot except U.S. Treasuries. Stocks plunged, oil slipped, the dollar declined, and even gold lost some of its
Breitbart Business Digest: Consumers Say Theyâre WorriedâBut the Economy Isnât Listening
March 26, 2025 by
Surveys vs. Hard Data: The âHot To Goâ Economy Chappell Roan opens her hit song with the lyrics: I could be âthe oneâ, or your new addiction Itâs all in my head but I want non-fiction I donât want the world, but Iâll take this city Who can blame a girl? Call me hot, not
Roomba maker iRobot warns it may go out of business, sending shares plunging
March 13, 2025 by
Roomba vacuum cleaner maker iRobot, a former $1.4 billion buyout target of Amazon, raised concerns on Wednesday about its ability to stay in business. Shares of the company fell more than 35%, extending a multi-year decline from its pandemic-era peak. âGiven macroeconomic and tariff-related uncertainties, there is substantial doubt about iRobotâs ability to continue as […]
Peter Schweizer: DOGE Is Exposing the Left-Wing NGO Business Model Funding Political Operatives That âHelp Get People Electedâ
March 10, 2025 by
On Tuesdayâs âCharlie Kirk Show,â Breitbart News Senior Contributor and Government Accountability Institute President Peter Schweizer talked about DOGEâs work. Schweizer said that part of the opposition to DOGE is just reflexive opposition to everything Trump does, and that while thereâs a lot of talk about waste and abuse, âthereâs a deeper battle thatâs going
Breitbart Business Digest: Fed Research Exposes the Tariff Fearmongers
March 10, 2025 by
Tariffmagedeon Will Not Hurt Consumers President Trumpâs new round of tariffs is set to take effect, and once again, critics are predicting economic disaster. A sober look at the history of tariffs and recent economic research about their effects suggest this fear-mongering is unwarranted. The administration is moving forward with a 25 percent tariff on
Breitbart Business Digest: DOGE Dividends Won’t Be Inflationary
February 25, 2025 by
Disinflationary DOGE Dividends President Donald Trump is considering returning 2src percent of the savings identified by the Department of Government Efficiency (DOGE) directly to taxpayers while using another 2src percent to pay down government debt. âThereâs even a â under consideration, a new concept where we give 2src percent of the DOGE savings to American
Breitbart Business Digest: Why Trump Is Right That Tariffs and Rate Cuts Go Hand in Hand
February 13, 2025 by
Andrew Harnik/Getty Images How Tariffs Could Push the Fed to Cut Rates Heads exploded across the establishment financial press on Wednesday when President Donald Trump proclaimed that tariffs and lower rates go hand in hand. Writing on Truth Social, Trump declared: âInterest Rates should be lowered, something which would go hand in hand with upcoming
Watch Live: Kelly Loeffler Confirmation Hearing for Small Business Administrator
January 30, 2025 by
Former Senator Kelly Loeffler testifies before the Senate Small Business and Entrepreneurship committee to become the head of the Small Business Administration on Wednesday, January 29. President Donald Trump nominated Loeffler to lead the agency responsible for helping to create and support small businesses to build up the American economy, calling her âa tremendous fighterâ while
Julia Haart takes control of business, $56 million home in stunning divorce win against Silvio Scaglia
January 21, 2025 by
In a blistering and sweeping divorce victory, Julia Haart has been awarded control of the business she ran during her marriage to Silvio Scaglia and the $65 million apartment they lived in, as well as nearly $10 million in cash, Page Six has learned. Haart told us Tuesday that, finally, âjustice was served.â The pair […]
Breitbart Business Digest: Most Americans Say the Stock Market Is Important to Them
December 13, 2024 by
Trump Rings the Bell at the NYSE President-elect Donald Trump rang the opening bell Thursday at the New York Stock Exchangeâmoments after being named TIME Magazineâs Man of the Year. âThis is an honor, a tremendous honor,â Trump said. âUsually, they donât coordinate the man of the year, or person of the year, with the
Breitbart Business Digest: Are Tariffs Really Coming for Your Christmas Presents?
December 12, 2024 by
AP Photo/Martin Meissner Trumpâs Tariffs Wonât Raise Toy Prices Tariffs will not be the Grinch who steals Christmas from Americaâs boys and girls. The majority of toys sold in the U.S. are made in China. This has led to alarmist warnings from toy executives and some retailers that steep tariffs imposed on Chinese goods would
Breitbart Business Digest: Inflation Is Still a Big Problem and the Fed Could Make It Worse
December 11, 2024 by
The Inflation Trend Is Not Our Friend The Federal Reserve is about to triple down on its September rate cut mistake by reducing its benchmark for a third consecutive time next week. The federal funds futures market currently implies a 95 percent chance of a Fed cut at the December meeting of the Federal Open
Breitbart Business Digest: Younger Americans Are Far More Positive About the Economy After Trump’s Win
November 27, 2024 by
Trump and Vance Are Newly Popular Among Younger Voters The youth of America love a winner. Donald Trump and JD Vance saw a surge in their favorability rating among voters aged 18 to 29 following their victory on Election Day, survey data from the Economist and YouGov show. Younger voters also became significantly more optimistic
Breitbart Business Digest: Trump Will Love the Fed Doves
November 15, 2024 by
October Inflation Shows the September Cut Was a Mistake The October inflation report can be added to the growing body of evidence that the Federal Reserve cut rates prematurely in September. At first glance, the report seems rather mild. The consumer price index (CPI) rose 0.2 percent, the Department of Labor said Wednesday. That matches
Breitbart Business Digest: Nobel Laureates Back Kamala, But Voters Trust Trump to Fix the Economy
October 25, 2024 by
Trumpâs Economic Revolution vs. Harrisâs Elitist Rearguard William F. Buckley famously said heâd rather trust the government of the United States to the first 4srcsrc names in the Boston phone book than the faculty of Harvard University. That sentiment was brought to mind by the arrival, just two weeks ahead of the presidential election, of
Breitbart Business Digest: What We Saw at Trump’s Trade Revolution in Chicago
October 19, 2024 by
Trumpâs Tariffs: A Bold Strategy That Undercuts the Critics As we discussed in Thursdayâs Breitbart Business Digest, Donald Trump took the stage this week at the Economic Club of Chicago and made a clear, unapologetic case for tariffs. While the media has focused on Trumpâs colorful claims about his love for tariffsââTo me the most
Breitbart Business Digest: The Jobs Report Was Even Worse Than It Seemed
September 7, 2024 by
A No Good, Very Bad, Horrible Jobs Report If you squint at the latest jobs report, you might find something to cheer about. But if you look at it with clear eyes, what you really see is an economy downshifting and bracing for impact. The Bureau of Labor Statistics told us Friday that employers added
Breitbart Business Digest: U.S. Native-Born Workers Work More Intensively Than Immigrants
August 21, 2024 by
The Assimilation of Immigrant Workers into U.S. Workers The image of the hardworking immigrant is one of the most enduring narratives of the American experience. Unfortunately, new research suggests this is more of a myth than reality. And the reality means that the damage to workers at the lower-end of our economy is likely to
Breitbart Business Digest: Kamala Harrisâs Inflationary Legacy
August 15, 2024 by
Inflationâs Architect: Kamala Harris and the 21% Grocery Price Hike Inflation is the gift that keeps on givingâif youâre in the business of writing headlines, that is. For everyone else, especially those navigating the grocery aisles, itâs an unwelcome houseguest that refuses to leave. And who, you might ask, sent out the invite? Enter Kamala
Italy’s Meloni Signs Three-Year ‘Action Plan’ with Communist China to Bolster Business Ties
August 5, 2024 by
BEIJING (AP) â Italy and China signed a three-year action plan on Sunday to implement past agreements and experiment with new forms of cooperation, Italyâs Prime Minister Giorgia Meloni said on an official visit to the Chinese capital. Meloni is trying to reset relations with China as fears of a trade war with the European
Breitbart Business Digest: Debate Showed Biden Still Trapped in His Old Economic Lies
June 29, 2024 by
Biden Lives in a World of Economic Lies President Biden demonstrated again last night that he is completely untethered from the truth about the American economy and unprepared to discuss the nationâs economic challenges. All the public opinion surveys show that inflation is the top issue for voters, so it was natural that the CNN
Breitbart Business Digest: Juneteenth Gloom Is in the Air, Especially for Democrats
June 28, 2024 by
Itâs Juneteenth. You MUST Celebrate. Happy Juneteenth to those who celebrate, which is everyone on Wall Street, apparently. Markets were closed today, but we wanted to give you a Breitbart Business Digest anyway. Juneteenth, which is also known as âEmancipation Day,â commemorates the day in 1865 when Union soldiers informed black Americans in Galveston, Texas
Cannabis cops uproot illegal weed shop in heart of Queens business district
May 13, 2024 by
The cityâs cannabis cops have raided and shuttered an illegal pot shop in the heart of a Queens neighborhoodâs business district as part of Mayor Eric Adamsâ newly announced crackdown on scofflaws. The Big Apple Sheriffâs Office and NYPD closed the unlicensed âWestern Greenâ smoke shop at 81-27 Lefferts Blvd. in Kew Gardens on Thursday. […]
Judge blocks rule capping credit card late fees at $8 in win for business groups
May 11, 2024 by
A federal judge in Texas on Friday blocked the Consumer Financial Protection Bureauâs new rule for an $8 cap on credit card late fees, a victory for business and banking groups that said the regulator exceeded its authority. US District Judge Mark Pittman in Fort Worth issued a preliminary injunction against the rule, which was scheduled to take effect on May 14. […]
Breitbart Business Digest: Nvidia and the AI Gold Rush
April 29, 2024 by
A Rose by Any Other Name Would Smell as Sweet, But Nvidia Smells Like Money The joke going around the desks of financial advisers this week has a young girl asking her father about her name. âDad,â says the daughter. âWhy is my middle name Rose?â âItâs because your mother loves roses more than almost
