April 23, 2025

Yellen: ‘Trump Tariff Plans Are Doing Immense Damage to Our Economy’

Former Treasury Secretary Janet Yellen claimed Friday on CNN’s “Anderson Cooper 36src” that President Donald Trump’s tariffs are doing “immense damage to our economy.” Yellen said, “This is the worst self-inflicted policy wound I’ve ever seen in my career inflicted on our economy. The Trump tariff plans are doing immense damage to our economy. You

Breitbart Business Digest: Consumers Say They’re Worried—But the Economy Isn’t Listening

Surveys vs. Hard Data: The “Hot To Go” Economy Chappell Roan opens her hit song with the lyrics: I could be “the one”, or your new addiction It’s all in my head but I want non-fiction I don’t want the world, but I’ll take this city Who can blame a girl? Call me hot, not

Exclusive — Secretary Bessent on ‘Reprivatization’ of Economy: ‘We Are Laser-Focused on Getting this Deficit Under Control’

WASHINGTON — Treasury Secretary Scott Bessent told Breitbart News exclusively that President Donald Trump’s administration is “laser-focused” on cutting the deficit and getting spending “under control,” part of his larger vision of “reprivatization” of the U.S. economy so economic growth is no longer dependent on government spending but instead on private sector growth. Bessent said

Europe’s Economy Showed Zero Growth at End of 2024, Germany Struggles

FRANKFURT, Germany (AP) – Europe´s economy stagnated at the end of last year as its former growth engine, Germany, finished a second straight year of shrinking output, officials said Thursday. Gross domestic product was flat with a zero increase in the final quarter of 2src24 in the 2src-nation eurozone, the EU statistics agency Eurostat said.

Trump Effect: U.S. Economy Added 256,000 Jobs In December, Unemployment Rate Fell

Employers in the United States added 256,srcsrcsrc workers to their payrolls in November, the Department of Labor said Friday, and the unemployment rate declined to 4.1 percent. Economists had been expecting 153,srcsrcsrc jobs and an unemployment rate unchanged at 4.2 percent. The prior month’s jobs figure was revised down to 212,srcsrcsrc from 227,srcsrcsrc. Most of

Breitbart Business Digest: Younger Americans Are Far More Positive About the Economy After Trump’s Win

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

Carney on ‘Kudlow’: Americans Already Feel Better About the Economy

On Thursday’s broadcast of the Fox Business Network’s “Kudlow,” Breitbart News economics editor John Carney stated that people have already started taking a more optimistic view of the economy even before President-Elect Donald Trump has taken office. Carney said, “[I]f you look at surveys of public opinion, you’ll find that when people are asked the question

Breitbart Business Digest: Nobel Laureates Back Kamala, But Voters Trust Trump to Fix the Economy

Trump’s Economic Revolution vs. Harris’s Elitist Rearguard William F. Buckley famously said he’d 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

Harris Co-Chair: People Think Personal Economy Is Improving, Think Country’s on Wrong Track Largely Due to Division

On Thursday’s broadcast of “CNN News Central,” Harris-Walz Campaign Co-Chair Sen. Chris Coons (D-DE) reacted to polls showing Americans see the country as on the wrong track by stating that the internals show more people “think that their own economic situation and [that] of their community is getting better” and the pessimistic view of the

Harris Co-Chair on Voters Praising Pre-COVID Trump Economy: Trump Economy ‘Was Terrible’

On Thursday’s broadcast of CNN’s “Inside Politics,” Harris-Walz Campaign Co-Chair Mitch Landrieu responded to a question on voters who say that they could afford to buy more during the Trump administration pre-pandemic by stating, “that’s what they think. But, of course, that is not accurate. The economy, when Donald Trump was president, was terrible.” Host

China Pours Money into Africa as Domestic Economy Sputters

Beijing’s three-day Forum on China-Africa Cooperation (FOCAC) concluded on Friday with more pledges of funding for Africa, even though China’s sputtering economy may be hard-pressed to meet those commitments. The South China Morning Post (SCMP) counted $5src.6 billion in Chinese loans, aid programs, and corporate investments for Africa over the next three years that were

Marlow: Dems Want to Wear Trump Out, Get Him Away from Issues Like Economy, Border, Crime

On Friday’s edition of the “Tomi Lahren Is Fearless” podcast, New York Times bestselling Breaking Biden author and Breitbart News Editor-in-Chief Alex Marlow argued that Democrats want to try to wear down 2src24 Republican presidential candidate former President Donald Trump with the criminal charges against him and Trump can’t play into that goal by sacrificing his message on

Axelrod: Biden Is Self-Congratulating, Not ‘Advocating for People in a Tough Economy Because of the Inflation’

On Tuesday’s broadcast of CNN’s “AC36src,” 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] because you don’t have to worry about the cost of the food on your table.”

Another Blow Out: American Economy Created 275,000 Jobs In February

Employers in the United States added 275,srcsrcsrc workers to their payrolls in February, the Department of Labor said Friday. The unemployment rate increased to 3.9 percent, up from 3.7 percent in the prior month. Economists had forecast payrolls would grow by 2srcsrc,srcsrcsrc and the unemployment rate would be unchanged at 3.7 percent. The top of

Explosive Jobs Growth: U.S. Economy Created 353,000 Jobs In January

Employers in the United States 353,srcsrcsrc workers to their payrolls, the Department of Labor said Friday. The unemployment rate held steady at 3.7 percent in the prior month. The previous two months were revised upward. The November figure was revised up by 9,srcsrcsrc to 182,srcsrcsrc. The December number was revised up by a stunning 117,srcsrcsrc

Hasbro Eliminating Close to 20 Percent of Workforce as Biden Economy Hammers Toy Sales

Christmas is supposed to be the most wonderful time of year for toy manufacturers. But in Joe Biden’s economy, toy sales are suffering thanks to runaway inflation and other pressures, forcing one of the world’s largest toymakers to deliver lumps of coal to employees just ahead of December 25. Hasbro said this week that it

Axelrod: Biden’s Approval on Economy ‘Bad, Especially Relative to What He’s Achieved’ Due to Politics, Unease Largely ‘Driven by Inflation’ 

On Friday’s broadcast of CNN’s “AC36src,” CNN Senior Political Commentator and former Obama Adviser David Axelrod stated that President Joe Biden’s “economic approval numbers are actually quite bad, especially relative to what he’s achieved” because of political polarization and a “sense of unease” that is largely “driven by inflation” and also due to a “hangover”

Sen. Cruz: Biden ‘Willing to Tank the Economy’ with Debt Ceiling Stalemate

Senator Ted Cruz (R-TX) said on this week’s broadcast of “Fox News Sunday” that President Joe Biden was “willing to tank the economy” over the debt ceiling debate. Cruz said, “It is really unfortunate to see how Joe Biden is approaching this job. It is all politics all the time and he consistency goes to

Uncharted territory: The Biden-Jeffries relationship comes into focus with the global economy on the line

Hakeem Jeffries’ first true test as minority leader will be ensuring House Democrats stay aligned in backing Joe Biden’s position against bargaining on raising the debt limit. | Drew Angerer/Getty Images When President Joe Biden sits down with the top congressional leaders on Tuesday, he will see some familiar faces: Mitch McConnell, Chuck Schumer, and

Poll: 75% of Americans Think Economy Is Getting Worse

Americans’ confidence in President Joe Biden’s economy is declining, with 75 percent believing economic conditions are getting worse, according to the latest Gallup survey. While 75 percent of Americans say the economy is worsening, only 19 percent say things are improving, and five percent say the economy is stagnant. GALLUP: Right now, do you think that economic

Unions Vow Total Shutdown of French Economy as Macron Move to Increase Retirement Age

PARIS (AP) – Roads blocked, oil refineries disrupted, planes grounded and trains halted – unions are threatening to shut down France’s economy this week in what they hope is their toughest riposte yet to President Emmanuel Macron’s plan to raise the retirement age. The first actions are expected Monday, as truckers are being urged to

China’s Lawmakers Prepare to Address Woeful Economy, Freezing Single Women’s Eggs

The Chinese government’s annual “two sessions” — simultaneous meetings of the National People’s Congress (NPC) and the Chinese People’s Political Consultative Conference (CPPCC) — are scheduled to begin on Saturday, March 4. This year’s sessions will likely be preoccupied with the dismal Chinese economy, the accelerating demographic crisis, and the rotation of government officials that occurs every

Carney on ‘Kudlow’: Slide Toward Recession Happening Across the Economy

“What we’re seeing is this slide towards recession happening across the economy,” Breitbart Economics Editor John Carney said in an interview Wednesday on Larry Kudlow’s eponymously named Fox Business show. Carney explained that the latest economic data—from the crashing Empire State manufacturing survey to the disappointing holiday retail sales numbers and the weaker-than-expected producer price

Old Man Joe Biden Now Ready To Scuttle America’s Maritime Economy

“Instead of restricting speed to 10 knots or 11.5 miles per hour, how about restricting someone over 80 years old becoming president, Tweeter Roger Mushmoore wrote. (Fox News) Mon Dieu!  This is the Merry Christmas U.S. President Joe Biden sent today to millions of hardworking Americans, fishers who depend on the Atlantic Ocean to make […]

New Orleans’ Democrat Mayor Claims Economy Flights Not Safe for Black Women

The Democrat mayor of New Orleans, Louisiana, said this week economy flights are not safe for black women. In addition, LaToya Cantrell has said she would not repay money spent on a first-class trip from Washington Dulles Airport to Switzerland over the summer, Meaww reported Sunday. “My travel accommodations are a matter of safety, not

Democrat Mandela Barnes Wants ‘Clean Energy’ Economy: ‘Climate Crisis Is Already Here’

Democrat Mandela Barnes, during Friday night’s debate with Sen. Ron Johnson (R-WI), said that the “climate crisis is already here” and “impacting places all over the country and globe,” which is why he wants to work towards a “clean energy economy.” When asked about specific solutions to address climate change, he argued the “climate crisis is

Audio: Rep. Elissa Slotkin says anti-abortion sentiment is bad for Michigan’s economy

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Poll: Half of Voters Say Economy, Inflation Top Issue Going into Midterms

Half of U.S. voters say the economy or inflation is their number one issue heading into the November 8 midterm elections, according to a recent ABC/Ipsos poll. The poll shows that 28 percent of registered voters say the economy is their single most important issue for determining their ballot, while 22 percent say inflation is.…

Warren: ‘Very Worried’ Fed Will ‘Tip this Economy into a Recession’

Senator Elizabeth Warren (D-MA) said Sunday on CNN’s “State of the Union” that she is “very worried” that the Federal Reserve will “tip this economy into a recession.” During a keynote speech Friday in Jackson Hole, Wyoming, Powell said, “While higher interest rates, slower growth and softer labor market conditions will bring down inflation, they…

Economists: Inflation Can’t Be Reined In Without Tanking The Economy

Nearly three quarters of business economists believe that the Federal Reserve will not be able to bring inflation back to its target of 2% in the next two years without inducing a recession, according to a poll by the National Association for Business Economics (NABE) released Monday.Roughly 19% of respondents believed that the U.S. was…

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