Author: Press Room
There’s an AI Shock Story Lurking Under the Hood of the April Producer Price Report Producer prices came in far hotter than expected in April, with the headline Producer Price Index rising 1.4 percent for the month—nearly triple Wall Street’s forecast—and six percent from a year earlier. Services prices rose 1.2 percent, and goods prices climbed two percent. Energy prices have understandably captured most of the attention. Final demand energy prices jumped 7.8 percent in April. Gasoline alone surged 15.6 percent. Diesel fuel, jet fuel, and residual fuels also rose. Not surprisingly, energy-adjacent services—especially trucking services—also rose sharply. This was,…
Emergency services were called to Brighton Beach early Wednesday morning over concern for a person in the water, leading to three bodies being recovered. Police are working to identify three females found in the English Channel off Brighton seafront and the public have been warned against speculating on the circumstances of their deaths. While the search for any other people in the water has now concluded, Brighton seafront remains choked by police and coastguard vehicles, and the beach is to remain closed for the rest of the day. A police statement said the emergency services were alerted over “concerns for…
Federal Bureau of Investigation (FBI) Director Kash Patel testifies before the Senate Appropriations Committee on Tuesday, May 12. Also testifying will be newly sworn-in ATF Director Robert Cekada, U.S. Marshal’s Director Gadyaces S. Serralta, and DEA Administrator Terry Cole. Breitbart News’s AWR Hawkins sat down for an exclusive interview with Cekada just hours after he was sworn in last week: Read the full article here
Rep. Mike Lawler on Wednesday said he was accosted by the son of Sen. Rand Paul on Tuesday night with a 10-minute “reprehensible” antisemitic rant. The New York Republican told reporters the interaction occurred when he was on his way to a restaurant with at least one journalist. He said William Paul approached him and shouted at him and said he would blame “your people” if Rep. Thomas Massie loses his reelection bid. “My people?” Lawler asked. “Yeah, you Jews,” Paul replied. Lawler said he told Paul that he isn’t Jewish and the senator’s son apologized before launched into an…
An interview with Xiang Lanxin explores why Trump may seek a broader bargain with China and what it could mean for Taiwan, Russia and the EU US President Donald Trump’s arrival in China this week is being treated as far more than another diplomatic photo opportunity. Relations between Washington and Beijing remain tense, competition between the two powers stretches across almost every domain, and yet both sides appear increasingly aware that uncontrolled confrontation would carry enormous costs. Against that backdrop, the prospect of a broader geopolitical bargain is once again entering the discussion.According to Xiang Lanxin, visiting professor at East…
China rolled out the red carpet Wednesday for President Donald Trump’s pomp-filled arrival in Beijing. Students, waving Chinese and American flags, and a Chinese honor guard lined both sides of the red carpet on the tarmac of the Beijing Capital Airport as Trump disembarked Air Force One. Trump was gifted flowers upon stepping onto the tarmac. Eric and Lara Trump, Secretary of State Marco Rubio, Secretary of War Pete Hegseth, Tesla CEO and former special government employee Elon Musk, and Nvidia CEO Jensen Huang were seen deplaning Air Force One after the president. Top CEOs, including Apple’s Tim Cook and…
A Washington manufacturer is leaving the state after roughly five decades in operations because of crime, taxes, and a toxic political environment. Jon Bodwell’s family founded Delta Camshaft in 1977, and he said conditions in the state for business are difficult and too expensive, so much so that he has been living inside his business. The company makes and repairs camshafts for varied uses. “A majority of it is the constant battle with the city over the graffiti and the crime stuff here, the constant massive tax increase, everything is increasing,” Bodwell said. “The cost of power, the cost of…
The Georgia Senate has initiated a probe into campaign finance violations related to Stacey Abrams’ voter outreach group the New Georgia Project and its Action Fund. The Senate Special Committee on Investigations announced Monday that it had subpoenaed Abrams, as well as New Georgia Project leaders Lauren Groh-Wargo and Nsé Ufot. They are expected to appear at the State Capitol at 10:00 a.m. on Friday, Fox News reported. “This committee has a responsibility to follow the facts wherever they lead,” said GOP state Sen. Greg Dolezal, who is vice-chairman of the committee. “Georgia law requires transparency and accountability in our…
TALLAHASSEE, Florida — Florida is pushing back against assertions that the state’s new congressional map was drawn to help Republicans, arguing in a new legal filing that other states such as Virginia and Illinois have engaged in much more blatant partisan gerrymandering. Voting rights and civil rights groups have filed multiple lawsuits challenging a new map pushed into law by GOP Gov. Ron DeSantis. They have argued that the map, which could result in Republicans picking up four seats, is a clear violation of voter approved anti-gerrymandering standards and “one of the most extreme congressional maps” enacted in the past…
The floundering left-wing Labour Party government in Britain appears intent on imposing as much authoritarianism as possible on the public while it still remains in power, with Prime Minister Sir Keir Starmer using the King’s Speech on Wednesday to confirm plans to introduce a Digital ID system while plans for deep surveillance of private digital devices are revealed. When in doubt, break glass for more Blairism appears to be the order of the day. Fighting for his political life following a disastrous performance in last week’s local elections, Prime Minister Starmer has not only turned to major figures from the…