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American progressives are in a state of high dudgeon, gnashing their teeth at the realization that the American people favor Donald Trump's economy over Joe Biden's.
The post Breitbart Business Digest: The Real Reason Americans Prefer Trump’s Economy to Biden’s appeared first on Breitbart.
While the leading indicators no longer point to a looming recession, the COnference Board says growth is likely to slow to a one percent pace in the second half of this year.
The post Leading Index For U.S. Economy Sinks Again, Indicating Sluggish Growth Ahead appeared first on Breitbart.
Jerome Powell might want to look away from the stock market. It's making a mockery of the idea that financial conditions are sufficiently restrictive.
The post Breitbart Business Digest: Dow 40,000 appeared first on Breitbart.
On Thursday, the company reported earnings that fell short of Wall Street's expectations and Kevin Plank, the company's co-founder who returned to run the company in March, warned that reviving the sportswear brand will take time.
The post Under Armour CEO Plank Warns Of Plunging Sales and Layoffs Ahead appeared first on Breitbart.
The White House says that you shouldn't take Joe Biden literally when he says inflation was nine percent when he took office—and tries to dodge responsibility for the price surge that has plagued his presidency.
The post Fact Check: White House Tries to Justify Biden’s Lies on Inflation appeared first on Breitbart.
One month's worth of data does not make a trend—unless it fits the consensus narrative that the Fed is going to cut interest rates a few times this year.
The post Breitbart Business Digest: Fed Is Still Not Cutting in September appeared first on Breitbart.
Home builder sentiment unexpectedly turned negative in May as high rates and new regulations hit the sector.
The post Lack of Progress on Inflation Pushes Homebuilder Sentiment Back Into Negative Territory appeared first on Breitbart.
Economists had forecast a 0.3 percent increase in the month-t0-month figure and a 3.4 percent rise over 12 months.
The post Consumer Prices Up 3.4% Through April, In Line With Estimates appeared first on Breitbart.
Jerome Powell still stubbornly resists the idea that the Fed's next move may be a hike rather than a cut.
The post Breitbart Business Digest: Powell Still Won’t Admit Rate Hikes Might Be Coming appeared first on Breitbart.
The producer price index shows that inflation accelerated significantly in April.
The post Inflation Inferno: Producer Price Index Shows Prices Rising Much More Than Expected appeared first on Breitbart.
Joe Biden is not a general, but he suffers from the generals' curse of always fighting the last war.
The post Breitbart Business Digest: Biden Is Fighting 2009’s Economy in 2024 appeared first on Breitbart.
There's really no mystery why so many people are unhappy with the Biden economy.
The post Breitbart Business Digest: One Chart Shows Why So Many People Hate the Biden Economy appeared first on Breitbart.
Biden's late-in-the-game embrace of tariffs is widely seen as an election year pivot to win support in battleground states.
The post Trump Lite? Biden Reportedly Plans To Announce Election Year Tariffs On Chinese Green Tech appeared first on Breitbart.
The specter of inflation haunts the corridors of the West Wing, and the Biden administration's every attempt to exorcise the poltergeist of rising prices only deepens the grip of its possession.
The post Breitbart Business Digest: Inflation Tightens Its Grip on Biden’s Re-Election Prospects appeared first on Breitbart.
The Fed and many on Wall Street assume that the villain of excess saving has been put to rest. Don't be so sure.
The post Breitbart Business Digest: There’s Still a Big Hidden Force for High Inflation in the Economy appeared first on Breitbart.
If you can slow down the housing market, you can probably slow down the economy and reduce inflation.
The post Breitbart Business Digest: The Housing Market Shows Interest Rates Are Too Low appeared first on Breitbart.
Portfolio manager Steve Eiseman expects Donald Trump will raise tariffs on China but called claims that this would cause inflation "ridiculous."
The post Trump Tariffs Drive Inflation? Big Short’s Steve Eisman Says That’s ‘Ridiculous’ appeared first on Breitbart.
The strength of the housing market suggests that a lack of housing supply, high levels of immigration, and increased demand from remote work may mean interest rates need to go higher to reduce inflation.
The post Fed President Kashkari Warns Rates Might Not Be High Enough appeared first on Breitbart.
Somebody forgot to tell corporate America that the stance of monetary policy is restrictive.
The post Breitbart Business Digest: Corporate Profits Say No to Rate Cuts appeared first on Breitbart.
For the first time ever, the expectation to own a home among younger Americans fell below 50 percent.
The post Bidenflation Blues: Renters More Pessimistic Than Ever About Owning A Home appeared first on Breitbart.
Job growth slowed by much more than expected in April, fueling visions of multiple rate cuts this year and sending the stock market soaring.
The post Breitbart Business Digest: The Jobs Report Was Not as Weak as It Looked appeared first on Breitbart.
Economists had forecast payrolls would grow by 240,000 and the unemployment rate would hold steady at the prior month's 3.8 percent.
The post Weaker Than Expected: U.S. Hiring Slows With Economy Adding 175,000 Jobs in April and Unemployment Rose to 3.9% appeared first on Breitbart.
The Federal Reserve admitted yesterday that progress on inflation has stalled and that it will take longer for the Fed to achieve the confidence it needs to cut interest rates.
The post Breitbart Business Digest: The Fed Finally Realized Progress on Inflation Has Stalled appeared first on Breitbart.
An unexpected slump in productivity raises unit labor costs and risks higher inflation.
The post U.S. Productivity Slumped In First Quarter appeared first on Breitbart.
Republicans looking out across the chaos that has engulfed American campuses should take Richard Nixon's advice: "Never murder a man who's committing suicide."
The post Breitbart Business Digest: Biden Is the Chaos Candidate appeared first on Breitbart.
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.
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.
Job openings fell but private sector quits rose.
The post Job Openings Slip To Three Year Low appeared first on Breitbart.
A rare miss on profits for the fast-food chain.
The post McDonald’s Earnings Dragged Down By Inflation And Israel-Hamas War Boycotts appeared first on Breitbart.
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.
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.
The odds of a Fed cut are evaporating amid the blaze of hotter than expected inflation figures.
The post U.S. Labor Costs Jump, Indicating Rising Inflationary Pressures appeared first on Breitbart.
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.
The PCE index shows that progression on bringing down inflation has stalled.
The post Fed’s Preferred Inflation Gauge Show Prices Rising Sharply appeared first on Breitbart.
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.
The pace of economic growth in the first three months of the year was far more sluggish than anyone expected—and inflation was much higher.
The post Breitbart Business Digest: Inflation Is Too Hot for the Fed to Cut Despite Sluggish Growth appeared first on Breitbart.
Consumer spending weakened by much more than expected while inflation accelerated.
The post Stagflation Shock: GDP Growth Slows Much More Than Expected While Inflation Accelerates appeared first on Breitbart.
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.
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.
Money printer go brrrrrrrrrrrrrrr
The post Bidenflation Warning: Money Supply Surges To Highest Level In Over A Year appeared first on Breitbart.
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.
President Biden signature issues are ranked low among Americans' national concerns.
The post Earth Day: Americans Are Far More Worried About Bidenflation Than Climate Change appeared first on Breitbart.
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