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The price of inflation

(Scott Johnson)

Jeffrey Anderson presents a comparative analysis of presidents and inflation. The mainstream press to the contrary notwithstanding, he explains what Biden has done to make us feel so black and blue. It’s not our imagination. It’s the inflation, stupid! See his City Journal column “No great mystery.” Anderson manages to review the data and perform the analysis with a sense of humor.

The daycare minders at the White House have persuaded Biden to single out “shrinkflation” as the villain. However, “shrinkflation” reflects “inflation.” It is a manifestation of rising prices. Sentient observers understand that Biden economic policies have triggered the inflation that we have suffered, just as they understand that Biden’s senescence has slowed the windmills of his mind. Biden trusts we won’t notice he indicts himself when he decries “shrinkflation.”

Biden’s daycare minders take us for fools. Thus the administration’s critique of Republicans for causing the invasion of illegals that Biden invited, facilitated, and denied. They think we are stupid.

We hear that Biden threatens to point the finger at alleged corporate wrongdoing as the source of our pain in tonight’s State of the Union address. For some reason or other this wave of alleged wrongdoing has run riot under the regime of…Joe Biden. It was somehow held in check under the regime of…Donald Trump. James Bovard seeks to immunize us against the foolishness of the Biden party line in his New York Post column “Joe Biden’s State of the Union ‘shrinkflation’ swindle.”

Life of Brian

(Lloyd Billingsley)

Brian Deese is “an MIT Innovation Fellow, focusing on the impact of economic policies that strengthen the United States’ industrial capacity and on accelerating climate investment and innovation.” Before that, Deese assisted Joe Biden as Director of the National Economic Council. Asked in 2022 how American families could cope with surging gasoline prices, the NEC boss said, “this is about the future of the liberal world order, and we have to stand firm.” As Sir Bedevere(Terry Jones) might say, who is this who is so wise in the ways of economics?

Deese is the son of Boston College political science professor David Deese, who “researches the international and comparative politics of energy and climate policies worldwide.” Brian’s mother, Patricia Stanton, served as deputy commissioner at the Massachusetts Department of Energy Resources and assistant commissioner of waste prevention at the state Department of Environmental Protection.

At Middlebury College Deese earned an undergraduate degree in international politics and economics. He got into Yale Law School but left a few credits short of graduation to work for Hillary Clinton’s presidential campaign. Composite character president Obama tapped him to help out with climate change.

In a 2016 interview with Rolling Stone, Obama touted the “amazing” Brian Deese, who “engineered the Paris Agreement,  the Aviation Agreement,” and “may have helped save the planet.” The auto industry was also in trouble.

“The wunderkind in charge of saving our auto industry is a 31-year-old with about as much experience as a summer intern,” noted Glenn Beck. “Despite having no formal business education, no business experience and no auto industry experience, 31-year-old Brian Deese is now in charge of dismantling General Motors.” David Sanger of the New York Times also weighed in with, “Meet the 31-Year Old in Charge of Dismantling GM.”

In 2017, Deese became a senior fellow at the Harvard Kennedy School. From there it was on to BlackRock, where Deese headed the sustainable investing division, advising clients on meeting environmental, social and governance (ESG) criteria. Deese was reportedly bagging some $2.8 million a year, and building a net worth of $4 million.

In June of 2021, the amazing Deese outline his vision for a “new industrial strategy,” an “activist government,” approach including “targeted public investment, public procurement, climate resilience and equity.”  As Deese contends, “markets on their own will not make investments in technologies and in infrastructure that benefit an entire industry.”

And so on, in what Olson Johnson of Blazing Saddles might call “authentic statist gibberish.” Or, in the style of Monty Python, the wealthy MIT Innovation Fellow could qualify for “upper class twit of the year.”

SOTU Response, By the Numbers

(John Hinderaker)

Earlier today, I posted the official GOP response to Joe Biden’s SOTU hate-fest, by Senator Katie Britt. Britt’s speech was an impressive performance in its own way; if I were a Democrat, I think she would scare me.

But for us data guys, Stephen Moore’s Unleash Prosperity Hotline has the numbers:

A lot of tall tales and a few outright fabrications in the Biden speech last night – and far too many to enumerate here. But we will revisit three here.

“My administration cut the deficit by $1.7 trillion.”

This isn’t just a little bit false, it’s an extraordinary and audacious misstatement of fact. The baseline deficit over 10 years, as measured when Biden came into office versus the latest forecast, shows nearly $6 trillion added to the debt since Biden arrived on the scene.

So how does a $6 trillion addition of red ink possibly equate to a $1.7 trillion reduction in the deficit. Someone didn’t pass his basic math exam in high school.

“We will make the rich pay their fair share.”

The top 1% of American tax filers now pay an all-time record high 46% of taxes. This is according to Biden’s own IRS. Does he think the rich should pay ALL the taxes?

That is actually a good question. I think that for many Democrats, the answer may be Yes. But within reason, experience shows that lower rates mean higher collections, especially from high earners.

“I inherited an economy [from Trump] that was on the brink…”

Actually, the economy grew by – ready for this? 33% in the third quarter of 2020 and 4.1% in the 4th quarter of 2020. The economy was in a full-scale COVID recovery when Biden came into office.

Oh, and Inflation was 1.4%.

Gas prices were $2.39 per gallon.

If you think of it as a relay race, Trump handed the baton to Biden in first place, with a rapidly growing lead. But Biden tripped over his own feet–both literally and figuratively–and turned the strong position that he inherited (and not only economically) into a fiasco. That I why I don’t see how he can be re-elected, despite Trump’s manifest flaws.

If you don’t get the Unleash Prosperity Hotline, you should. You can sign up for its frequent and always informative emails here.

DEI Destroys CHIPS

(John Hinderaker)

DEI (racial and other quotas) is intrinsically evil. At The Hill, Matt Cole and Chris Nicholson reveal a shocking, practical downside to DEI hysteria: “DEI killed the CHIPS Act.”

The issue is critical because Taiwan now produces 90% of the world’s advanced microchips, and China has indicated its intention to annex Taiwan in the near future. So the CHIPS Act sought to incentivize chip production in the U.S. Unfortunately, that isn’t what is happening.

Handouts abound. There’s plenty for the left—requirements that chipmakers submit detailed plans to educate, employ, and train lots of women and people of color, as well as “justice-involved individuals,” more commonly known as ex-cons. There’s plenty for the right—veterans and members of rural communities find their way into the typical DEI definition of minorities. …
***
Because equity is so critical, the makers of humanity’s most complex technology must rely on local labor and apprentices from all those underrepresented groups, as [the Taiwan Semiconductor Manufacturing Company] discovered to its dismay.

Tired of delays at its first fab, the company flew in 500 employees from Taiwan. This angered local workers, since the implication was that they weren’t skilled enough. With CHIPS grants at risk, TSMC caved in December, agreeing to rely on those workers and invest more in training them. A month later, it postponed its second Arizona fab.

Now TSMC has revealed plans to build a second fab in Japan. Its first, which broke ground in 2021, is about to begin production. TSMC has learned that when the Japanese promise money, they actually give it, and they allow it to use competent workers. TSMC is also sampling Germany’s chip subsidies, as is Intel.

It isn’t only TSMC that is being stymied by DEI:

Intel is also building fabs in Poland and Israel, which means it would rather risk Russian aggression and Hamas rockets over dealing with America’s DEI regime. Samsung is pivoting toward making its South Korean homeland the semiconductor superpower after Taiwan falls.

In short, the world’s best chipmakers are tired of being pawns in the CHIPS Act’s political games. They’ve quietly given up on America. …

[C]hipmakers have to make sure they hire plenty of female construction workers, even though less than 10 percent of U.S. construction workers are women. They also have to ensure childcare for the female construction workers and engineers who don’t exist yet. They have to remove degree requirements and set “diverse hiring slate policies,” which sounds like code for quotas. They must create plans to do all this with “close and ongoing coordination with on-the-ground stakeholders.”

No wonder Intel politely postponed its Columbus fab and started planning one in Ireland.

Access to microchips is a national security issue, as well as being fundamental to a modern economy. And yet Congressional majorities care more about DEI shibboleths and feeding pork to their constituencies than about American security and prosperity. Of course, that isn’t really an irony. The whole point of DEI is hating America, and if it imperils our security and our prosperity, so much the better.

Living the Luxe Life

(John Hinderaker)

I am so old, I can remember when “public servants” used to earn less money than they could have expected in the private sector. But those days are long gone. Now, government employees have the rest of us by the throat. Our tax dollars are enriching them, on the average, far beyond what they could earn anywhere else.

This is from Stephen Moore’s Committee to Unleash Prosperity:

The average cost for a government employee in December was $60 per hour, or 40.5% more than his or her private sector counterpart.

Benefits to government employees cost 80.3% more.

This chart shows the numbers:

I would think that if we looked at federal employees, the discrepancy would be even greater. And government employees pretty much can’t be fired, either, so they have these sweet gigs forever.

One interpretation of these numbers is that the rest of us are just serfs on the government’s plantation.

Venezuela Oil Production Grew 18% After Biden Sanctions Relief

The ruling socialist regime in Venezuela documented an 18-percent increase in oil output in the first trimester of 2024 when compared to the same period in 2023, according to information published by the Organization of the Petroleum Exporting Countries (OPEC) in its latest April 2024 report.

The post Venezuela Oil Production Grew 18% After Biden Sanctions Relief appeared first on Breitbart.

Engagement Killer: Elon Musk Announces X/Twitter Newcomers Must Pay to Send Tweets

Elon Musk, owner of the social media platform X (formerly known as Twitter), has reportedly declared that new users will have to pay a fee to tweet on the platform.

The post Engagement Killer: Elon Musk Announces X/Twitter Newcomers Must Pay to Send Tweets appeared first on Breitbart.

Expert Predicts $1 Billion Market for AI Girlfriends as Men Spent $10K a Month on Fake Relationships

In a social media post, tech executive Greg Isenberg, CEO of Late Checkout, shared his encounter with a 24-year-old man in Miami who admitted to spending $10,000 per month on "AI girlfriends," predicting that this growing trend could lead to a billion-dollar industry.

The post Expert Predicts $1 Billion Market for AI Girlfriends as Men Spent $10K a Month on Fake Relationships appeared first on Breitbart.

Watch: GOP Grills Pro-Migration DHS Secretary Alejandro Mayorkas

The GOP-led House Committee on Homeland Security is grilling President Joe Biden's pro-migration border chief as the Senate prepares to vote on his impeachment. 

The post Watch: GOP Grills Pro-Migration DHS Secretary Alejandro Mayorkas appeared first on Breitbart.

Poll: Biden Suffers Dismal Approval Ratings on Key Issues

President Joe Biden is suffering dismal approval ratings on a range of key issues, the latest survey from the Economist/YouGov found.

The post Poll: Biden Suffers Dismal Approval Ratings on Key Issues appeared first on Breitbart.

Hollywood Depression: Participant, Studio Behind ‘An Inconvenient Truth' & More Woke Message Movies, Shuts Down

Left-wing billionaire Jeff Skoll's woke film studio Participant is reportedly shutting down operations and eliminating most of its staff -- the latest victim of Hollywood's sharp downturn that has seen a bloodbath of layoffs and budget cuts.

The post Hollywood Depression: Participant, Studio Behind ‘An Inconvenient Truth’ & More Woke Message Movies, Shuts Down appeared first on Breitbart.

First Artificial Intelligence Beauty Pageant 'Miss AI' Coming in May

The world’s first-ever artificial intelligence beauty pageant “Miss AI” is set to take place this May, with prizes totaling over $20,000. Judges for will be looking at AI-generated contestants’ “beauty,” “tech,” and “social clout” when determining the winners of the Miss AI

The post First Artificial Intelligence Beauty Pageant ‘Miss AI’ Coming in May appeared first on Breitbart.

Tesla to Seek Shareholder Re-Approval for Elon Musk's Massive Pay Package

Tesla is set to ask its shareholders to once again vote on approving the controversial 2018 pay package for CEO Elon Musk, which was recently thrown out by a Delaware judge.

The post Tesla to Seek Shareholder Re-Approval for Elon Musk’s Massive Pay Package appeared first on Breitbart.

Jeff Bezos' Earth Fund Launches $100 Million Challenge to 'Fix' Climate with AI

Claiming to harness the potential of AI in combating climate change and nature loss, Jeff Bezos' Earth Fund has announced a $100 million grant program called the AI for Climate and Nature Grand Challenge.

The post Jeff Bezos’ Earth Fund Launches $100 Million Challenge to ‘Fix’ Climate with AI appeared first on Breitbart.

Telegram Founder Tells Tucker Carlson that Google and Apple Are Threats to Free Speech

In a recent interview with Tucker Carlson, Pavel Durov, the founder of the popular messaging app Telegram, accused tech giants Google and Apple of being the real enemies of free speech on the internet.

The post Telegram Founder Tells Tucker Carlson that Google and Apple Are Threats to Free Speech appeared first on Breitbart.

Breakdown: Foreign Aid Bills Would Send $95 Billion to Ukraine, Israel, Indo-Pacific

The bills in the House's foreign aid package, which will be up for a vote Saturday, would appropriate a combined $95 billion for Ukraine, Israel, and the Indo-Pacific, with a lion's share of $60.84 billion for Ukraine.

The post Breakdown: Foreign Aid Bills Would Send $95 Billion to Ukraine, Israel, Indo-Pacific appeared first on Breitbart.

Biden Calls for Increase in Taxes on the Rich

As President Joe Biden visited Scranton, Pennsylvania, on Tuesday, he called for an increase in taxes on the rich.

The post Biden Calls for Increase in Taxes on the Rich appeared first on Breitbart.

Nolte: Flailing Woke Marvel Lays Off Staff, Says It Will Reduce Output

The Disney Grooming Syndicate’s flailing Marvel division laid off 15 staffers this week, reports the far-left Variety.

The post Nolte: Flailing Woke Marvel Lays Off Staff, Says It Will Reduce Output appeared first on Breitbart.

Biden: Inflation 'Is Being Stubborn' -- Things Like Junk Fees Are What 'Really' Impact People

During an interview with Nexstar Media that took place on Tuesday and was released on Wednesday, President Joe Biden stated that inflation “is being stubborn and not going down to the 2% we need. But, it’s significantly different,” than where

The post Biden: Inflation ‘Is Being Stubborn’ — Things Like Junk Fees Are What ‘Really’ Impact People appeared first on Breitbart.

NBC's Ruhle: Gas Prices Are Rising Partially Because Russia, Saudis Are Trying to Help Trump by Cutting Production

On Wednesday’s broadcast of MSNBC’s “11th Hour,” host and NBC Senior Business Analyst Stephanie Ruhle stated that one reason for rising gas prices is because of production cuts from Russia and Saudi Arabia, “who would sure like to help” 2024

The post NBC’s Ruhle: Gas Prices Are Rising Partially Because Russia, Saudis Are Trying to Help Trump by Cutting Production appeared first on Breitbart.

Exclusive: GOP Senators Seek to Reinstate Secret Ballots for Unionization as Volkswagen Workers Vote on Joining UAW

A group of Senate Republicans is seeking to reinstate secret ballots for unionization of workplaces in the United States as about 4,300 auto workers at Volkswagen's Chatanooga, Tennessee plant decided whether to join the United Auto Workers (UAW).

The post Exclusive: GOP Senators Seek to Reinstate Secret Ballots for Unionization as Volkswagen Workers Vote on Joining UAW appeared first on Breitbart.

Report: Red Lobster's 'Endless Shrimp' Deal Leads Company to Consider Bankruptcy

Seafood chain Red Lobster is considering bankruptcy after their all-you-can-eat shrimp promotion contributed to a staggering $11 million loss in 2023.

The post Report: Red Lobster’s ‘Endless Shrimp’ Deal Leads Company to Consider Bankruptcy appeared first on Breitbart.

Poll: Donald Trump Leads Biden Nationally, as 3 in 4 Say Cost of Living Rising

Former President Donald Trump has grown his lead against President Joe Biden nationally, as three in four voters say the cost of living is on the rise, according to an Emerson College poll.

The post Poll: Donald Trump Leads Biden Nationally, as 3 in 4 Say Cost of Living Rising appeared first on Breitbart.

Insiders: TikTok Initiative to Isolate U.S. User Data from Chinese Government 'Largely Cosmetic'

Former TikTok employees say the Chinese app's effort to isolate U.S. user data from China — a hostile foreign country run by a communist regime — is ineffective, calling the initiative "largely cosmetic."

The post Insiders: TikTok Initiative to Isolate U.S. User Data from Chinese Government ‘Largely Cosmetic’ appeared first on Breitbart.

Disneyland Performers File Petition to Form Labor Union

Performers who help bring Disney's beloved characters to life at its Southern California theme parks filed a petition Wednesday to form a labor union.

The post Disneyland Performers File Petition to Form Labor Union appeared first on Breitbart.

Granholm: We'll Do 'What We Can' on Gas Prices, We Have SPR, Telling Companies to Lower Price as Tools

On Thursday’s broadcast of ABC’s “The View,” Energy Secretary Jennifer Granholm stated that “we’re going to be doing what we can” to address the uptick in gas prices and said that the tools to do so are releasing from the

The post Granholm: We’ll Do ‘What We Can’ on Gas Prices, We Have SPR, Telling Companies to Lower Price as Tools appeared first on Breitbart.

NBC's Bradley: Israel May Have Made 'Deeply Destabilizing Move' for Iran and Whole Region by Striking Back

On Thursday’s broadcast of MSNBC’s “11th Hour,” NBC News Foreign Correspondent Matt Bradley stated that the explosions in Iran “could be a deeply, deeply destabilizing move by the Israelis, and again, not just for the Iranians, but for the entire

The post NBC’s Bradley: Israel May Have Made ‘Deeply Destabilizing Move’ for Iran and Whole Region by Striking Back appeared first on Breitbart.

8 things that we could change about Tax Day forever

Tax Day is behind us, but it already looms large for next year. The FairTax would give us eight things to help us take the power from the IRS and change April 15 forever.

Minneapolis Fed Pres: Biden Spending on Chips, Infrastructure 'Is Inflationary' and There Are 'Cross-Purposes'

On Thursday’s broadcast of the Fox News Channel’s “Your World,” Minneapolis Federal Reserve Bank President Neel Kashkari stated that stimulus spending was “a contributor to the high inflation that we’ve seen.” And “the spending on infrastructure, the spending on new chip

The post Minneapolis Fed Pres: Biden Spending on Chips, Infrastructure ‘Is Inflationary’ and There Are ‘Cross-Purposes’ appeared first on Breitbart.

IMF Official: Joe Biden's Open Border Is Hurting Americans' Wages

"Abundant labor coming across the border" is reducing the wages paid to American employees, said Kristalina Georgieva, managing director of the International Monetary Fund.

The post IMF Official: Joe Biden’s Open Border Is Hurting Americans’ Wages appeared first on Breitbart.

Pedal Stuck to the Metal: Tesla Recalls All Cybertrucks Due to Dangerous Faulty Accelerators

Elon Musk's Tesla has issued a recall for all 3,878 Cybertrucks shipped to date because of a defect that can cause the accelerator pedal to get stuck, increasing the risk of crashes.

The post Pedal Stuck to the Metal: Tesla Recalls All Cybertrucks Due to Dangerous Faulty Accelerators appeared first on Breitbart.

Mark Zuckerberg's Meta Launches Woke Chatbot Full of Bizarre Answers

Mark Zuckerberg's Meta, the parent company of Facebook and Instagram, has recently introduced its new "Llama 3" AI systems that powers what Zuckerberg calls "the most intelligent AI assistant that you can freely use." As you might suspect, the chatbot comes complete with bizarre and woke answers to questions from early users.

The post Mark Zuckerberg’s Meta Launches Woke Chatbot Full of Bizarre Answers appeared first on Breitbart.

Democrats Brag About Passing Johnson’s Foreign Aid Rule

WASHINGTON, DC –House Democrats bragged on Friday after helping pass Speaker Mike Johnson’s (R-LA) rule opposed by hardline conservatives that unlocks votes on foreign aid bills.

The post Democrats Brag About Passing Johnson’s Foreign Aid Rule appeared first on Breitbart.

Warner Bros. Discovery CEO David Zaslav Gets Huge Pay Raise Following Mass Layoffs

Warner Bros. Discovery CEO David Zaslav just got a whole lot richer, receiving a nearly 27 percent pay raise last year while overseeing mass layoffs at the media conglomerate.

The post Warner Bros. Discovery CEO David Zaslav Gets Huge Pay Raise Following Mass Layoffs appeared first on Breitbart.

Biden Administration Announces Anti-Oil Restrictions on 13 Million Acres of Alaskan Petroleum Land

The Biden administration has announced restrictions on oil and gas leasing on over 13 million acres of an Alaskan petroleum reserve to conserve land valuable to the "Alaska Native people" and "important fish and wildlife," as Republican lawmakers protest the "illegal" move.

The post Biden Administration Announces Anti-Oil Restrictions on 13 Million Acres of Alaskan Petroleum Land appeared first on Breitbart.

Lululemon Warehouse in Washington Set to Close, Laying Off More than 100 Employees

Lululemon, a Canadian athletic apparel retailer, revealed that it will be closing its warehouse in Sumner, Washington, by the end of the year, laying off more than 100 employees.

The post Lululemon Warehouse in Washington Set to Close, Laying Off More than 100 Employees appeared first on Breitbart.

Breitbart Business Digest: Trump Trial Isn’t Distracting Americans from the Ravages of Bidenomics

The country is not moving in the right direction, and the economy is a major a factor. But the legacy media is focused on wall-to-wall coverage of he who is known as “The Bad Orange Man.”

The post Breitbart Business Digest: Trump Trial Isn’t Distracting Americans from the Ravages of Bidenomics appeared first on Breitbart.

Ultra Woke Google Claims Company Is Not Place to 'Debate Politics' After Firing Anti-Israel Radicals

Google CEO Sundar Pichai has taken a comical stance against using the ultra woke company's offices for political debates and protests after terminating 28 employees who participated in anti-Israel sit-ins at various Google locations.

The post Ultra Woke Google Claims Company Is Not Place to ‘Debate Politics’ After Firing Anti-Israel Radicals appeared first on Breitbart.

TikTok's Real Owners: China Orders Apple to Censor Popular Messaging Apps Including WhatsApp, Telegram

China has reportedly ordered Apple to remove WhatsApp, Signal, and Telegram, among other popular messaging apps, from its iPhone app store in order to comply with the Chinese Communist Party's censorship demand.

The post TikTok’s Real Owners: China Orders Apple to Censor Popular Messaging Apps Including WhatsApp, Telegram appeared first on Breitbart.

Jackpot! Australian Casino Loses Millions in Mistaken Payouts Due to 'Software Glitch'

A software bug in Star Casino's ticket redemption machines resulted in the Sydney-based casino inadvertently giving away more than AU$3.2 million ($2.05 million) to gamblers over several weeks.

The post Jackpot! Australian Casino Loses Millions in Mistaken Payouts Due to ‘Software Glitch’ appeared first on Breitbart.

Consumer Alert: FBI Warns of Text Scam Targeting Toll Road Users Across Multiple States

The FBI has issued a warning about a new phishing scam that targets Americans using toll roads via SMS text messages. The messages typically claim that the user's toll account is overdrawn with a link to the hacker's site to make a false payment.

The post Consumer Alert: FBI Warns of Text Scam Targeting Toll Road Users Across Multiple States appeared first on Breitbart.

Supreme Court can fix the homeless crisis that the government caused

The Supreme Court is looking at how cities can handle the homeless crisis. But, it's important to know government caused it with a mix of zoning regulations and limits on new houses.

EV Demand Challenges: Elon Musk's Tesla Slashes Prices on Most Models

In a desperate attempt to stimulate sales and prop up a stock price dropping like a rock, Elon Musk's Tesla has reduced the prices of three of its five models in the United States.

The post EV Demand Challenges: Elon Musk’s Tesla Slashes Prices on Most Models appeared first on Breitbart.

Nolte: Bidenomics Drives House Prices to Another Record High

The already insane cost of purchasing a home has hit a new high, thanks to the ongoing horror show that is Bidenomics.

The post Nolte: Bidenomics Drives House Prices to Another Record High appeared first on Breitbart.

Breitbart Business Digest: Earth Day Is Over. Let's Talk About Inflation Day.

Perhaps if we started an Inflation Day movement, more attention could be drawn to the fact that rising price levels are the results of public policy choices.

The post Breitbart Business Digest: Earth Day Is Over. Let’s Talk About Inflation Day. appeared first on Breitbart.

States Rush to Combat AI-Generated Deepfake Nudes Targeting Minors

In response to the growing issue of boys using AI apps to create and share sexually explicit images of their female classmates, state legislators across the United States are introducing bills to protect minors from this new form of exploitation. Meanwhile, Silicon Valley continues to make billions with the very AI models boys are exploiting.

The post States Rush to Combat AI-Generated Deepfake Nudes Targeting Minors appeared first on Breitbart.

Report: Luxury Home Prices Reach Record Highs

Prices for luxury homes in the United States have reached a record high, rising nearly nine percent in the first quarter of 2024, twice as much as the prices of non-luxury homes.

The post Report: Luxury Home Prices Reach Record Highs appeared first on Breitbart.

Carney on ‘Kudlow’: We Need a National Inflation Day Protest This June

Breitbart Economics Editor John Carney is calling for a national Inflation Day protest this June to demand policy change on the most pressing issue for Americans.

The post Carney on ‘Kudlow’: We Need a National Inflation Day Protest This June appeared first on Breitbart.

Nolte: Lousy Movies Drive Box Office Down 21 Percent over Last Year

Hollywood has insulted, demeaned, attacked, condescended to, and alienated half the country, all while attempting to “queer” and groom our kids.

The post Nolte: Lousy Movies Drive Box Office Down 21 Percent over Last Year appeared first on Breitbart.

Santa Monica to Construct $1M Per Unit Apartment Building for Homeless

Santa Monica approved construction for a $1M per unit apartment building for the homeless after an audit found the state lost $24 billion.

The post Santa Monica to Construct $1M Per Unit Apartment Building for Homeless appeared first on Breitbart.

UnitedHealth Confirms Massive Ransomware Hack Affects 'Substantial Proportion' of Americans

UnitedHealth Group, one of the largest health insurance providers in the United States, recently disclosed that a ransomware attack on its subsidiary, Change Healthcare, has led to a significant theft of private healthcare data belonging to a "substantial proportion of people in America."

The post UnitedHealth Confirms Massive Ransomware Hack Affects ‘Substantial Proportion’ of Americans appeared first on Breitbart.

Google Fires 50+ Employees for Protesting Israeli Government Contract

Google has fired more than 50 employees in the past week for participating in protests against the company's cloud computing deal with the Israeli government, according to activist group No Tech for Apartheid.

The post Google Fires 50+ Employees for Protesting Israeli Government Contract appeared first on Breitbart.

Breitbart Business Digest: The Gas-Guzzling Secret of GM's Success

The big driver of General Motors' great earnings report has been the Detroit automaker's decision to focus on selling the gas-powered vehicles their customers want to drive instead of the electric vehicles the Green New Deal activists think they should be driving.

The post Breitbart Business Digest: The Gas-Guzzling Secret of GM’s Success appeared first on Breitbart.

Ohio Democrat Sherrod Brown Refuses to Answer Whether 'Gas Cars Should Be Banned’ or Not

Sen. Sherrod Brown (D-OH), who is up for reelection against Trump-backed Republican businessman Bernie Moreno, was silent on Capitol Hill Tuesday when asked if he thinks gas-powered cars "should be banned."

The post Ohio Democrat Sherrod Brown Refuses to Answer Whether ‘Gas Cars Should Be Banned’ or Not appeared first on Breitbart.

Tesla Stock Surges Despite Dismal Quarter as Elon Musk Promises Affordable EVs by 2025

Tesla shares jumped almost 12 percent in pre-market trading on Wednesday after CEO Elon Musk announced that the company aims to start production of affordable electric vehicle models by early 2025, or possibly even late this year. The bounce comes despite dismal earnings, including net income that dropped 55 percent in the first quarter.

The post Tesla Stock Surges Despite Dismal Quarter as Elon Musk Promises Affordable EVs by 2025 appeared first on Breitbart.

Joe Biden Signs Bill Potentially Banning TikTok, Bundled with Ukraine-Israel Aid

President Joe Biden signed into law Wednesday a $95 billion war aid measure that includes aid for Ukraine, Israel and Taiwan that also includes a provision that would force social media site TikTok to be sold or be banned in U.S.

The post Joe Biden Signs Bill Potentially Banning TikTok, Bundled with Ukraine-Israel Aid appeared first on Breitbart.

Department of Bad Ideas: Flamethrowing Robot Dog Can Torch Anything in Its Path

In a bizarre twist that seems straight out of a dystopian sci-fi movie, U.S. residents can now legally purchase a flame-throwing robot dog named Thermonator for just under $10,000.

The post Department of Bad Ideas: Flamethrowing Robot Dog Can Torch Anything in Its Path appeared first on Breitbart.

Lawsuit: Amazon AI Exec Was Pressured to Ignore Copyright Violations

A former Amazon AI scientist, Dr. Viviane Ghaderi, has filed a lawsuit against the tech giant, claiming she faced discrimination, retaliation, and wrongful termination after disclosing her pregnancy and raising concerns about copyright infringement in AI research.

The post Lawsuit: Amazon AI Exec Was Pressured to Ignore Copyright Violations appeared first on Breitbart.

Controversial 'Hate Speech' Provisions Sneak into Kids Online Safety Act

Democrats are sneaking online censorship of “hate speech” into the Kids Online Safety Act (KOSA) under the guise of “protecting kids” – and many Republicans on capitol hill appear to be on board.

The post Controversial ‘Hate Speech’ Provisions Sneak into Kids Online Safety Act appeared first on Breitbart.

Breitbart Business Digest: Biden's Noncompete Ban Is a Gift to Silicon Valley

The Biden administration's declaration that it will treat almost all noncompete provisions in employment agreements as illegal should be seen for what it is.

The post Breitbart Business Digest: Biden’s Noncompete Ban Is a Gift to Silicon Valley appeared first on Breitbart.

How US workers could be affected by changes to 'noncompete' agreements and overtime pay

The Federal Trade Commission has voted to ban noncompete agreements, and the Biden administration has finalized a rule that will allow more workers to be eligible for overtime pay.

Fmr. Obama Adviser: The Goal of Biden Loan Plan Will Increase Interest Rates, Inflation, Mortgage Rates

On Wednesday’s broadcast of CNBC’s “Squawk Box,” Professor of the Practice of Economic Policy at Harvard University and the Harvard Kennedy School Jason Furman, who served as Chairman of the Council of Economic Advisers under President Barack Obama and on the

The post Fmr. Obama Adviser: The Goal of Biden Loan Plan Will Increase Interest Rates, Inflation, Mortgage Rates appeared first on Breitbart.

Carney on 'Kudlow': Biden Regulations Are Strangling the Economy

By: Pam Key · Pam Key

Breitbart economics editor John Carney said Thursday on Fox Business Network's "Kudlow" that President Joe Biden is implementing regulations that were crushing the economy.

The post Carney on ‘Kudlow’: Biden Regulations Are Strangling the Economy appeared first on Breitbart.

NY Union Leader: My Members Back Trump 3:1 over Biden; Leftist Policies Driving Voters to Right

A New York union leader says that Democrat policies are pushing voters toward Republicans and that the vast majority of his 9,000 members back former President Donald Trump over President Joe Biden.

The post NY Union Leader: My Members Back Trump 3:1 over Biden; Leftist Policies Driving Voters to Right appeared first on Breitbart.

Hertz Shares Crash with Another Electric Vehicle Wreck

Shares of rental car giant Hertz plunged by more than 20 percent on Thursday after the company reported huge losses related to its investment in Electric Vehicles (EVs).

The post Hertz Shares Crash with Another Electric Vehicle Wreck appeared first on Breitbart.

Southwest Cuts Jobs, Quits Four Airports Due to Boeing Woes

Southwest Airlines will be cutting jobs and ceasing operations at four airports while reducing flights from others to cut costs amid Boeing's ongoing complications.

The post Southwest Cuts Jobs, Quits Four Airports Due to Boeing Woes appeared first on Breitbart.

CDC: U.S. Birth Rate at Record Low After Pandemic Boost

Fertility rates in the United States hit a record low in 2023, according to provisional data released by the Centers for Disease Control and Prevention (CDC) on Thursday.

The post CDC: U.S. Birth Rate at Record Low After Pandemic Boost appeared first on Breitbart.

The one piece of Trump’s legacy that haunts Biden

Biden inflation wasn't enough to hurt ordinary Americans. He just announced he's going to let the Trump tax cuts expire. Biden's had three years already to do it, but did nothing.

CNN's Weir: New Biden Coal Rules 'The End of Coal as a Power Source'

CNN Chief Climate Correspondent Bill Weir stated that the newly finalized set of rules on coal power plants announced by the Biden administration "essentially signals the end of coal as a power source in the United States."

The post CNN’s Weir: New Biden Coal Rules ‘The End of Coal as a Power Source’ appeared first on Breitbart.

White House: We're OK with Slower GDP Report, 'Underlying Economy Is Solid as Ever'

On Thursday’s broadcast of the Fox Business Network’s “Cavuto: Coast to Coast,” White House Council of Economic Advisers Chair Jared Bernstein stated that the White House is okay with the latest GDP report, “especially once you get under the hood,

The post White House: We’re OK with Slower GDP Report, ‘Underlying Economy Is Solid as Ever’ appeared first on Breitbart.

Gavin Newsom Admits: California Still Faces Blackouts

California Gov. Gavin Newsom (D) admitted Thursday that the state still faces the risk of blackouts in heat waves despite investing in battery capacity to store electricity for use in times of peak demand.

The post Gavin Newsom Admits: California Still Faces Blackouts appeared first on Breitbart.

Democrats Return to Net Neutrality, Despite Economic Damage

The vote Thursday by the Democrat majority on the Federal Communications Commission (FCC) to restore Obama-era Net Neutrality rules returns the U.S. to the vulnerable place it was in before the policy was ended under Trump.

The post Democrats Return to Net Neutrality, Despite Economic Damage appeared first on Breitbart.

White House: 'You Don't Eat GDP,' Paychecks Matter 'Most'

On Thursday’s broadcast of the Fox Business Network’s “Cavuto: Coast to Coast,” White House Council of Economic Advisers Chair Jared Bernstein stated that even with the latest GDP report, we “really haven’t seen much in terms of slow growth yet.”

The post White House: ‘You Don’t Eat GDP,’ Paychecks Matter ‘Most’ appeared first on Breitbart.

White House: We're Not Trying to Harm Coal, We're Trying to 'Speed Up' to Economy that Has 'Less Pollution'

On Thursday’s broadcast of “NewsNation Now,” White House National Climate Adviser Ali Zaidi denied that the Biden administration is attempting to shut down the coal industry or slow any industry down, and stated that the issue is “about how do we speed

The post White House: We’re Not Trying to Harm Coal, We’re Trying to ‘Speed Up’ to Economy that Has ‘Less Pollution’ appeared first on Breitbart.

Spotify CEO Rakes in $119 Million on Stock Sale as Artists Lament Stingy Royalties

Spotify CEO Daniel Ek has raked in nearly $119 million in a stock sale after recently overseeing the layoff of 1,500 employees -- a reduction that Ek himself acknowledged created a "significant" challenge" for the streaming company.

The post Spotify CEO Rakes in $119 Million on Stock Sale as Artists Lament Stingy Royalties appeared first on Breitbart.

Rust Belt Despair: West Virginia Workers Forced to Find New Jobs as Plant Closes from Lack of Tariffs

Hundreds of West Virginia workers have been thrown back into job hunting in a labor market with slashed wages as a plant in Weirton closed last week. The plant closure comes as the federal government refused to impose tariffs on cheap imported tin.

The post Rust Belt Despair: West Virginia Workers Forced to Find New Jobs as Plant Closes from Lack of Tariffs appeared first on Breitbart.

Mark Zuckerberg's Meta Allows Facebook and Instagram to Be Flooded with Explicit 'AI Girlfriend' Ads

Mark Zuckerberg's Meta, the parent company of Facebook and Instagram, has come under fire for flooding Facebook and Instagram with ads promoting sexually explicit "AI girlfriend" apps while simultaneously cracking down on content posted by human prostitutes.

The post Mark Zuckerberg’s Meta Allows Facebook and Instagram to Be Flooded with Explicit ‘AI Girlfriend’ Ads appeared first on Breitbart.

Breitbart Business Digest: There Are No Fed Cuts Ahead This Year

It is unlikely that the Fed will cut rates at all this year; and, if inflation stays hot, it may find that it will need to begin a new cycle of rate hikes sometime next year.

The post Breitbart Business Digest: There Are No Fed Cuts Ahead This Year appeared first on Breitbart.

Consumer Inflation Expectations Unexpectedly Climb

Rising inflation has led consumers to rethink the idea that inflation was going to come down a lot this year.

The post Consumer Inflation Expectations Unexpectedly Climb appeared first on Breitbart.

Masters of the Universe: Google Reports Strong Q1 Earnings, Stock Soars

Google's parent company Alphabet exceeded analysts' expectations in its first-quarter results, driving shares up by about 10 percent in morning trading on Friday.

The post Masters of the Universe: Google Reports Strong Q1 Earnings, Stock Soars appeared first on Breitbart.

Mark Zuckerberg's Metaverse Ambitions Persist Despite Billions in Losses for Meta

Mark Zuckerberg's Meta, the company formerly known as Facebook, continues to invest heavily in his Metaverse vision, even as its Reality Labs division reports significant financial losses, including an astounding $3.8 billion loss in the first quarter of 2024.

The post Mark Zuckerberg’s Metaverse Ambitions Persist Despite Billions in Losses for Meta appeared first on Breitbart.

xAI, Elon Musk's AI Venture, Raises $6 Billion to Take on OpenAI

xAI, Elon Musk's artificial intelligence startup aiming to rival ChatGPT developer OpenAI, is set to close a massive $6 billion funding round that values the 10-month-old company at a staggering $18 billion.

The post xAI, Elon Musk’s AI Venture, Raises $6 Billion to Take on OpenAI appeared first on Breitbart.

White House on PCE Inflation Increase: 'Nice to Hit the Expectations' -- Expect 'Bumpy Path Down' to Target Rate

On Friday’s broadcast of Bloomberg’s “Balance of Power,” White House Council of Economic Advisers Chair Jared Bernstein reacted to the March PCE report that showed the yearly PCE inflation rate increasing with the annual core rate holding steady along with

The post White House on PCE Inflation Increase: ‘Nice to Hit the Expectations’ — Expect ‘Bumpy Path Down’ to Target Rate appeared first on Breitbart.

Deputy Treasury Sec'y: Biden Helped Lower Inflation, But Food Companies Are Gouging

On Friday’s broadcast of the Fox Business Network’s “Cavuto: Coast to Coast,” Deputy Treasury Secretary Wally Adeyemo commented on the PCE inflation report and stated that inflation has dropped and they expect it to continue to do so and that

The post Deputy Treasury Sec’y: Biden Helped Lower Inflation, But Food Companies Are Gouging appeared first on Breitbart.

Exclusive – Brody Mullins: 'Another Branch of Government' Has 'More Power than the Presidency'

Mullins discussed his book, which is set to be released on May 7, and explained that the "Wolves of K Street" refers to the "corporate lobbyists" in America who really run the show behind the scenes.

The post Exclusive – Brody Mullins: ‘Another Branch of Government’ Has ‘More Power than the Presidency’ appeared first on Breitbart.

Study: AI-Generated Reviews Deceive Humans and Detectors, Eroding Trust in Online Platforms

A recent study by Yale School of Management professor Balázs Kovács reveals that AI-generated restaurant reviews can pass the "Turing test" by fooling both human readers and AI detectors, potentially undermining the credibility of online reviews.

The post Study: AI-Generated Reviews Deceive Humans and Detectors, Eroding Trust in Online Platforms appeared first on Breitbart.

Consumer Alert: Update Google Chrome Immediately to Stop Critical Vulnerability

Google has issued an urgent warning to its vast user base of over 1 billion Chrome users, strongly advising them to update their browsers as soon as possible to protect against a critical security vulnerability.

The post Consumer Alert: Update Google Chrome Immediately to Stop Critical Vulnerability appeared first on Breitbart.

Lawsuits Challenge Elon Musk's Claim of Driver Responsibility in Tesla Autopilot Crashes

As Elon Musk's Tesla faces multiple lawsuits and a federal investigation, the company's assertion that drivers are solely responsible for crashes involving its Autopilot technology is coming under intense scrutiny.

The post Lawsuits Challenge Elon Musk’s Claim of Driver Responsibility in Tesla Autopilot Crashes appeared first on Breitbart.

Nolte: Fact Checking Barbra Streisand’s Presidential Economic Report Card

According to Barbra Streisand, over the last 40 years America has enjoyed only economic good times under Democrat presidents and economic recessions under Republican presidents.

The post Nolte: Fact Checking Barbra Streisand’s Presidential Economic Report Card appeared first on Breitbart.

CBS Poll: Half of Swing State Voters Say Economy Got Worse Under Biden

With the economy ranked as the top 2024 issue, Biden's poor marks in key swing states is terrible news for the president's reelection hopes. 

The post CBS Poll: Half of Swing State Voters Say Economy Got Worse Under Biden appeared first on Breitbart.

Nicaragua Sees Nearly $1 Billion in Remittances from the U.S. in 3 Months

The communist dictatorship of Nicaragua saw a growth of nearly 12 percent in the amount of remittance money emigrants sent to the country during the first quarter of 2024.

The post Nicaragua Sees Nearly $1 Billion in Remittances from the U.S. in 3 Months appeared first on Breitbart.

Bob Bakish Steps Down as Paramount CEO Amid Major Merger

Bob Bakish has stepped down as the CEO of Paramount amid his company's major merger with Skydance and its struggling streaming platform. 

The post Bob Bakish Steps Down as Paramount CEO Amid Major Merger appeared first on Breitbart.

ChatGPT Developer OpenAI Strikes Deal to Use Financial Times Journalism to Train AI Models

ChatGPT developer OpenAI has reportedly struck a deal with the Financial Times that allows it to use the newspaper's journalism content as a means for training artificial intelligence systems.

The post ChatGPT Developer OpenAI Strikes Deal to Use Financial Times Journalism to Train AI Models appeared first on Breitbart.

VIDEO: Dave & Buster's to Offer Betting on Arcade Games Through App

The Dave & Buster's entertainment restaurant will soon offer customers social wagering through its app for those who play arcade games including Hot Shots basketball and Skee Ball.

The post VIDEO: Dave & Buster’s to Offer Betting on Arcade Games Through App appeared first on Breitbart.

Elon's Pink Slips Strike Again: Tesla Axes More Jobs, Including Senior Execs and EV Charging Team

Tesla has reportedly laid off hundreds of employees, including senior executives and a majority of its Supercharging team. The desperate move comes on the heels of a major recent layoff of 14,000 workers, part of what Musk claims is an "absolutely hard core" plan to cut costs at the struggling EV company.

The post Elon’s Pink Slips Strike Again: Tesla Axes More Jobs, Including Senior Execs and EV Charging Team appeared first on Breitbart.

EU Launches Investigation of Mark Zuckerberg's Meta Meddling in Elections

European regulators have launched an investigation into Mark Zuckerberg's Meta, escalating pressure on the tech giant to bolster its safeguards against misinformation and foreign interference on Facebook, Instagram, and Whatsapp ahead of pivotal EU elections.

The post EU Launches Investigation of Mark Zuckerberg’s Meta Meddling in Elections appeared first on Breitbart.

Comrade Elon: Tesla Shares Rise 15% After Sweetheart Deal with Chinese Government

Shares of Elon Musk's Tesla went up 15 percent on Monday after the electric carmaker reached a key milestone to roll out its advanced driver-assistance technology Full Self Driving (FSD) in China.

The post Comrade Elon: Tesla Shares Rise 15% After Sweetheart Deal with Chinese Government appeared first on Breitbart.

Consumer Confidence Unexpectedly Slumps To Lowest Level In Nearly Two Years

Despite the Biden administration's attempts to convince Americans that the economy is improving, consumer confidence has been sliding for the last three months.

The post Consumer Confidence Unexpectedly Slumps To Lowest Level In Nearly Two Years appeared first on Breitbart.

Breitbart Business Digest: It's Time for the Fed to Start Talking About Hikes

As the evidence keeps pouring in that the U.S. is still mired in an inflationary economy, the possibility that the Federal Reserve will be forced to increase interest rates can no longer be ignored.

The post Breitbart Business Digest: It’s Time for the Fed to Start Talking About Hikes appeared first on Breitbart.

Job Openings Slip To Three Year Low

Job openings fell but private sector quits rose.

The post Job Openings Slip To Three Year Low appeared first on Breitbart.

Fed Keeps Rates Unchanged, Noting Progress on Inflation Has Stalled

Federal Reserve officials agreed on Wednesday to hold interest rates steady for the sixth consecutive meeting, signaling that it is willing to keep rates at the highest level in more than two decades for longer than previously expected and noting that progress on bringing down inflation has stalled.

The post Fed Keeps Rates Unchanged, Noting Progress on Inflation Has Stalled appeared first on Breitbart.

Tesla Backtracks on Supercharger Expansion Plans After Firing Entire Charging Team

Elon Musk's recent decision to fire Tesla's entire charging team has reportedly already led to the company pulling back on its plans to expand the Supercharger network. EV owners already face difficulties finding working charging stations, especially during busy travel times, and these difficulties aren't likely to be lessened anytime soon.

The post Tesla Backtracks on Supercharger Expansion Plans After Firing Entire Charging Team appeared first on Breitbart.

Ford 'BlueCruise' Driver Assist System Under Federal Investigation After 2 Fatal Crashes

The National Highway Traffic Safety Administration (NHTSA) has opened a preliminary investigation into Ford's BlueCruise driver assistance system following two separate fatal crashes that occurred at night. BlueCruise joins Tesla's Autopilot as the second driver assistance program to face federal scrutiny.

The post Ford ‘BlueCruise’ Driver Assist System Under Federal Investigation After 2 Fatal Crashes appeared first on Breitbart.

California Democrat Wants to Restrict Expedited Airport Screening

California State Sen. Josh Newman (D-Fullerton) is pushing a bill that would restrict expedited airport screening by for-profit companies such as Clear, which charges $189 per year to move passengers to the front of the TSA security line.

The post California Democrat Wants to Restrict Expedited Airport Screening appeared first on Breitbart.

China's TikTok Tests Bypassing Apple's Commission on In-App Purchases

China's TikTok appears to be probing ways to avoid paying Apple's 30 percent commission on digital purchases made through its iOS app.

The post China’s TikTok Tests Bypassing Apple’s Commission on In-App Purchases appeared first on Breitbart.

Powell Says A Fed Hike Is 'Unlikely' But Wait For Cuts Will Take Longer

The Fed chair does not see a rate hike coming but he acknowledged that recent setbacks on inflation mean the current rate policy will last for longer than anticipated.

The post Powell Says A Fed Hike Is ‘Unlikely’ But Wait For Cuts Will Take Longer appeared first on Breitbart.

Donald Trump Vows to Trash 'Bidenomics,' Reinstate 'MAGAnomics'

Former President Donald Trump vowed in Wisconsin to trash President Joe Biden's so-called "Bidenomics" and reinstate "MAGAnomics" upon victory in November. 

The post Donald Trump Vows to Trash ‘Bidenomics,’ Reinstate ‘MAGAnomics’ appeared first on Breitbart.

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