Economy
Breitbart Business Digest: Why Economists Keep Getting Tariffs Wrong
The Push and Pull of Tariffs on American Households One reason economists continue to be surprised by incoming data is that…
Trump Announces ‘Massive’ Trade Deal with Japan, 15% Tariff, $550 Billion Investment
President Donald Trump announced that his administration had “completed a massive” trade deal with Japan, under which Japan…
U.S. Strikes Trade Deals With Philippines, Indonesia as Tariff Deadline Nears
President Donald Trump on Tuesday announced two new trade agreements with the Philippines and Indonesia, securing expanded…
Report: California’s $20 Fast Food Minimum Wage Led to 18,000 Fewer Jobs
California’s new $20-per-hour minimum wage for fast food workers has resulted in a significant decline in employment in that…
No Escape From Washington’s Fiscal Doomsday Machine
If you don’t think Washington is in the maws of a Fiscal Doomsday Machine, think again. And the place to start is with the…
Poll: Voters Say It Is ‘Important’ to Keep Illegal Migrants off U.S. Benefit Programs
A majority of American voters believe it is at least somewhat important to keep illegal migrants off benefit programs, a…
General Motors’ Profits Drop 35 Percent as CEO Clings to EV Strategy
General Motors (GM) has experienced a dive in profits, the news coming as its leadership continues touting electric vehicles…
Cap-Ex Comeback: Tax Cuts and Tariffs Driving An Investment Wave, Bessent Says
Production of business equipment and capital expenditures are surging, indicating a major investment wave has begun…
Report: Google Seeks AI Licensing Deals with National Publishers
Google is reportedly reaching out to national news organizations to establish licensing agreements for using their content…
El-Erian Calls On Powell To Resign To Protect Fed
Federal Reserve chairman Jerome Powell should step down in order to protect Fed independence, according to Mohamed El-Erian…