WaPo Frets About Donald Trump's Plans to Seize Federal Purse Strings During 2nd Term

Breitbart Business Digest: Consumer Strength Powers Growth Despite Soft Job Openings

Those looking at the Job Openings and Labor Turnover Survey (JOLT) and seeing it as a roadmap to a July rate cut have taken a wrong turn.

The post Breitbart Business Digest: Consumer Strength Powers Growth Despite Soft Job Openings appeared first on Breitbart.

Construction Spending Spending Unexpectedly Tumbles As Commercial Building Stalls

Construction spending took a slight dip in April as both U.S. companies and the government hit the brakes on projects nationwide, feeling the squeeze of high interest rates. The Commerce Department reported Monday that spending on construction projects edged down

The post Construction Spending Spending Unexpectedly Tumbles As Commercial Building Stalls appeared first on Breitbart.

Consumer Spending Weakens in April

Inflation, high interest rates, and the exhaustion of excess household savings may finally be taking their toll on the economy. Consumer spending rose a modest 0.2 percent in April, the smallest increase in three months, data from the Department of

The post Consumer Spending Weakens in April appeared first on Breitbart.

Minneapolis Fed Pres.: Gov't 'Contributed to' Inflation, Inflation 'Sideways', Need 'Many More Months' for Rate Cuts

During an interview with CNBC Europe on Tuesday, Minneapolis Federal Reserve Bank President Neel Kashkari stated that right now, inflation is going sideways, we need “many more months of positive inflation data” to get one to two rate cuts and government

The post Minneapolis Fed Pres.: Gov’t ‘Contributed to’ Inflation, Inflation ‘Sideways’, Need ‘Many More Months’ for Rate Cuts appeared first on Breitbart.

Disgraced EcoHealth Alliance reaped nearly $100M in taxpayer funds since 2008

EcoHealth Alliance – a U.S.-based nonprofit with a stated mission of preventing pandemics – received upwards of $90 million dollars from the federal government over the last 16 years.

DC Mayor Bowser jets off for Las Vegas weekend 'mission' after ritzy Masters trip on taxpayers' dime

Washington D.C. Mayor Muriel Bowser will travel to Las Vegas this weekend less than a month after she faced scrutiny for attending the Masters on the taxpayers dime.

Fmr. Obama Econ. Adviser El-Erian: Regulation, Spending Helped Create Inflationary Environment

On Friday’s broadcast of the Fox News Channel’s “America Reports,” economist, President of Queens’ College, Allianz Chief Economic Adviser, and former Obama Global Development Council Chair Dr. Mohamed El-Erian said that it will be “very hard” to get inflation from

The post Fmr. Obama Econ. Adviser El-Erian: Regulation, Spending Helped Create Inflationary Environment appeared first on Breitbart.

Yellen: We Can Likely Be Fiscally Sustainable with 'Higher Ratio of Debt to GDP'

During an interview with Bloomberg on Monday, Treasury Secretary Janet Yellen stated that because interest rates are lower than they were in prior decades even with rate hikes, “we can probably manage and have a fiscally sustainable path with [a]

The post Yellen: We Can Likely Be Fiscally Sustainable with ‘Higher Ratio of Debt to GDP’ appeared first on Breitbart.

Social Security Has About One Decade Left