Economy
Breitbart Business Digest: What Kevin Warsh Is Likely to Do at Jackson Hole
Way Out West with Kevin Warsh Professional Federal Reserve watchers have already written Kevin Warsh’s assignment for…
Bessent’s Treasury Buybacks Show Signs of Improving Long-Bond Market Liquidity
The Treasury Department’s plan to expand purchases of long-dated government debt is beginning to show signs of improving…
U.S. Consumer Spending Slowed in July as Incomes Strengthened
American consumers took a bit of a breather in July after a strong spring, while incomes rose more than expected and…
Durable-Goods Orders Climbed as Business-Investment Boom Continued
Orders for long-lasting manufactured goods rose more than expected in July, while shipments of business equipment surged…
Tech Evangelist Bill Gates Suddenly Argues AI Needs to Slow Down to Protect Humanity
Bill Gates, the Microsoft co-founder and leftist billionaire who has spent years predicting that AI would free people from…
Businesses Expect Strong Sales Growth, Atlanta Fed Survey Shows
U.S. businesses expect sales to grow at the fastest pace in more than four years, signaling that demand remains strong even…
Massive Gas Station Lines Rock Iran as ‘Operation Economic Outcast’ Takes Hold
Massive lines at gas stations across Iran were spotted on Tuesday after the United States announced “Operation Economic…
Underlying Pace of Inflation Remained Soft In July, Giving Fed Room For Patience on Hikes
Inflation remained muted in July and consumer spending growth slowed, a key government report on household expenditures and…
Mark Zuckerberg’s Meta Agrees to $18 Billion Settlement with 29 States to End Teen Social Media Addiction Lawsuit
Mark Zuckerberg’s Meta agreed to pay roughly $18 billion to settle a lawsuit brought by 29 states over allegations that…
GDP Revisions Show Stronger Underlying Growth in U.S. Economy
The U.S. economy expanded at a 1.5 percent pace in the second quarter of this year, the Bureau of Economic Analysis said…