Economy
Two Charts of Extremely Perverse Incentives
As a thought experiment, consider these changes to our economy’s incentive structure. Warren Buffett’s partner Charlie…
China Sends Foreign Minister to India, Seeking Ally Against Trump’s ‘Bullying’
Chinese Foreign Minister Wang Yi concluded a brief visit to New Delhi on Wednesday in which he emphasized to senior…
Exclusive: SBA Admin Kelly Loeffler, Sen. Joni Ernst Cheer Guilty Plea of SBA Official for $500K in COVID Loan Fraud
Small Business Administration (SBA) Administrator Kelly Loeffler and Sen. Joni Ernst (R-IA) cheered a guilty plea by an SBA…
Acting IRS Director Scott Bessent Could Rein In Agency Weaponization
Treasury Secretary Scott Bessent, as acting commissioner of the IRS, could continue his mission to end the weaponization of…
Schweizer: Nancy Pelosi Supports Ban on Congressional Insider Trading — ‘Hell Is Freezing Over’
We’re feeling the heat of summer in Washington, DC, but hell is freezing over anyway. Why? Because veteran stock market…
Breitbart Business Digest: The Fed’s Family Feud Comes to the Tetons
Powell Heads to The Mountains By the time Federal Reserve Chairman Jerome Powell climbs the stage at Jackson Hole this…
Lisa Cook’s Mortgage Woes Could Open A New Fed Seat for Trump to Fill
President Donald Trump could potentially gain a new ally on the Federal Reserve if allegations of potential mortgage fraud…
Bed, Bath & Beyond: ‘We Will Not Open Retail Stores in California’
Marcus Lemonis, the CEO of Bed, Bath & Beyond, announced on X on Wednesday that his company would no longer open stores in…
Trump Calls on Fed Governor to Resign over Alleged Mortgage Fraud
President Donald Trump on Wednesday called on Federal Reserve Governor Lisa Cook to resign after officials accused the Fed…
Waller Calls for Private Sector to Lead U.S. Payments Revolution
Federal Reserve Governor Christopher Waller on Wednesday laid out a pro-market vision for modernizing U.S. payments that…