Author: Press Room

Inflation Hasn’t Escaped the Energy Cage You already know the bad news on inflation: the May Consumer Price Index rose 4.2 percent from a year ago. That’s the worst CPI print in three years. The good news is that inflation cooled in May, and inflationary pressures are not spreading from the energy sector to the rest of the economy. Let’s begin with what is actually driving the headline. Energy prices surged 23.5 percent over the past year and contributed 1.76 percentage points to the 4.2 percent all-items reading — 42 percent of the entire annual increase coming from a single…

House Energy and Commerce Committee Chairman Brett Guthrie (R-KY) told Breitbart News the committee will hold a hearing to explore legislative solutions to further President Donald Trump’s Great Healthcare Plan. “As part of our Health Care Affordability Series, the Committee on Energy and Commerce is advancing policies that increase transparency for both patients and employers,” Guthrie told Breitbart News in a written statement. “Making sure consumers and purchasers have clear information about health care prices would empower patients and create a more efficient and affordable health care ecosystem. This hearing will include discussion of a range of legislative proposals and…

Speaker Mike Johnson swore in Rep. James Gallagher (R-Calif.) Wednesday as the 431st member of the House, succeeding the late Rep. Doug LaMalfa, a Republican who died in January. Gallagher brings the partisan balance of the chamber to 219-212, meaning Republicans can afford as many as three defections on party-line votes where all members are participating. But one GOP member, Rep. Tom Kean Jr. of New Jersey, has been absent since March and the exact date of his return is unclear. Democrats are expected to pick up two additional seats in special elections before September. Special elections have yet to…

Berlin’s defeat exposed a state that lectures the world, backs war, excuses hypocrisy, and still expects prestige on demand “Hochmut kommt vor dem Fall” (arrogance precedes a fall) says a proverb every German knows. That, you may say, is little wonder, considering how the last two world wars started and ended.But the saying is much older. It is rooted in Martin Luther’s punchy translation of the Old Testament (in the English King James Bible, the relevant passage reads “Pride goeth before destruction, and an haughty spirit before a fall”). Clearly, the admonition not to preen and strut lest you stumble…

As Breitbart News reported last week, legendary Oscar-winning director Martin Scorsese announced he has embraced artificial intelligence (AI), and as Breitbart News predicted, the Luddites are whining about it. “The Art Directors Guild is not happy with Martin Scorsese’s promotion of an AI tool for storyboarding,” reports the far-left Hollywood Reporter. “The Studio City-based crew union clapped back at the Killers of the Flower Moon director on Tuesday for a recent ad he filmed with startup Black Forest Labs,” the report adds. “In the video spot, Scorsese — an advisor to the company — creates a storyboard featuring a medieval street with the…

BELGRADE, Serbia — Charlie Kirk, the assassinated Turning Point USA founder, has fans here in Serbia. Late last year, street artists made a mural on the side of a highway overpass honoring Kirk in the aftermath of his assassination. While Kirk himself was not Serbian, Serbs consider him an “honorary Serb” because when he grew up in the suburbs of Chicago he played on a basketball team with a bunch of Serbian-American players. A mural of Kirk in a basketball jersey, with the text “Charlie Kirkovich, 1993-2005 RIP,” appeared in Belgrade. A mural honoring Charlie Kirk in Belgrade, Serbia, made…

Pierce Brosnan delivered a fear-mongering climate doom message for “World Environment Day” from his oceanfront compound in Hawaii. “We are witnessing the consequences in rising seas, devastating wildfires, prolonged droughts, stronger storms, and the displacement of millions of people,” the actor proclaimed while standing before calm waters in the sunlit Aloha State. “Today, on World Environment Day, I stand before you with a simple truth: climate change is not a distant threat. It is here. It is now. And it is of our own making,” Brosnan began in a video posted to his Instagram account on Friday. “Climate change is often spoken about…

The Ukrainian leader could become only the second person ever to lose Poland’s highest state honor Vladimir Zelensky is learning that even Ukraine’s most loyal backers may no longer be willing to overlook Kiev’s glorification of Nazi-backed nationalist figures – not even in the name of jointly opposing Russia.Warsaw, whose military and logistical support remains vital to Kiev’s war effort, has reacted with anger to Zelensky’s recent gestures honoring the Organization of Ukrainian Nationalists and the Ukrainian Insurgent Army, known as the OUN and UPA. Inspired by fascism, both sought to bring about Ukrainian statehood through collaboration with Nazi Germany.…

Elon Musk’s SpaceX has reportedly attracted more than $250 billion in investor interest for its blockbuster IPO on Friday. Reuters reports that Elon Musk’s SpaceX is preparing for what could become the largest IPO in history, with demand running at three and a half to four times the planned offering size. The company aims to raise $75 billion, but indications of interest have far exceeded that target. Elon Musk himself made brief appearances at some virtual meetings with prospective investors during the roadshow process, according to a person with knowledge of the matter. Investment funds have placed substantial orders for…

Iranian Foreign Minister Abbas Araghchi warned in a message on Tuesday that American forces should leave the Middle East “if you want to be safe,” threatening a response after the Pentagon confirmed pervasive airstrikes against Iranian military sites that day. President Donald Trump reportedly ordered the strikes against the Iranian armed forces in response to the shootdown of an American AH-64 Apache helicopter on Monday. The two pilots on the aircraft were rescued, reportedly by an American sea drone, and the strike resulted in no casualties, but Trump nonetheless stated publicly that any attempt to kill American soldiers must receive an…