Breitbart Business Digest: This Old House Didn’t Start
The real estate recovery hit an air pocket in June.
The real estate recovery hit an air pocket in June.
The poet James Russell Lowell described June as the “high tide of the year.” The June retail report showed that the tide washed something ashore for everyone last month.
Mass migration is spiking inflation in Canada because migrants increase rents and housing prices, say Canadian economists.
President Joe Biden desperately wants to convince Americans that they have done well under his presidency, but that’s going to be a tough sell.
On Friday’s broadcast of CNBC’s “Squawk Box,” Transportation Secretary Pete Buttigieg responded to a question on whether the Biden administration can claim credit for improvements in inflation numbers after previously blaming other factors like Russia and “Putin’s price hike” by stating that “we
The bears got pummeled by Goldilocks this week as the latest economic data indicated a broadening of disinflationary trends.
Reports of falling inflation have given a big boost to consumer sentiment.
The Screen Actors Guild-American Federation of Television and Radio Artists (SAG-AFTRA) authorized a strike on Thursday.
Long and variable? Maybe not. Fed Governor Christopher Waller have a speech titled “Big Shocks Travel Fast: Why Policy Lags May Be Shorter Than You Think” on Thursday night in New York.
We still think it is unlikely that inflation will come down to two percent without a sizable increase in unemployment, but this week’s reports make the “soft landing” scenario less unlikely.
The producer price index saw the smallest annual increase since 2020.
On Wednesday’s broadcast of “CNN Tonight,” host John Berman stated that despite “the reality” of the economy being “anything but bad” of late, most people think it’s in bad shape and blame President Joe Biden. And suggested that inflation —
On Wednesday’s broadcast of NBC’s “MTP Now,” host Chuck Todd and NBC News Business and Data Reporter Brian Cheung discussed the latest inflation report and noted that prices aren’t falling, they’re just “going up by a slower rate,” and are
Headline inflation has slowed, but deeper long-term inflation persists.
Inflation fell by more than expected in June.
President Joe Biden’s inflationary Bidenomics spending policies ruined the economy he inherited from President Donald Trump, Breitbart Economics Editor John Carney said in a Tuesday interview with Fox Business host Larry Kudlow.
We expect President Joe Biden will take another misbegotten victory lap on inflation tomorrow.
If generals are always fighting the last war, analysts are typically buying the last rally or shorting the last downturn.
During an interview aired on Friday’s broadcast of Bloomberg’s “Wall Street Week,” Harvard Professor, economist, Director of the National Economic Council under President Barack Obama, and Treasury Secretary under President Bill Clinton Larry Summers predicted that the Federal Reserve will
Today’s jobs report data is likely enough to lock-in a Fed rate hike.
The private sector put nearly 500,000 people onto payrolls in June, according to the calculations of payroll processor ADP.
The Fed’s upbeat verbiage about “resilience” will perhaps make Americans feel a little bit warmer and fuzzier when interest rates are hiked yet again.
During an interview with the Fox News Rundown podcast released on Tuesday, St. Louis Mayor Tishaura Jones responded to a question on whether problems in major cities are due to Democratic leadership and policies by stating that we have to consider
It’s not exactly a self-evident truth, but it is a data-evident truth: the U.S. housing market is recovering.
On Friday’s broadcast of the Fox Business Network’s “Cavuto: Coast to Coast,” Federal Reserve Bank of Chicago President Austan Goolsbee said that inflation has “proved stickier than we thought.” And that this is because “goods inflation hasn’t come down as quickly
One in seven adults faced food insecurity in the UK in the year leading up to the middle of 2022, the Trussell Trust found this week.
President Joe Biden’s claims about the success of “Bidenomics” are falling on deaf ears for Americans who have had their real wages battered by inflation, Breitbart Economics Editor John Carney explained.
The Supreme Court just gave a boost to the Federal Reserve’s efforts to tame inflation.
The third GDP revision raises concerns about the persistence of inflation but also provides powerful support to our view that the economy is unlikely to enter a recession this year.
On Wednesday’s “Fox News Rundown” podcast, Fox Business Network host, Fox News Contributor, and former Trump economic adviser Larry Kudlow noted that prices haven’t actually fallen in recent months, but the rate of growth has slowed and noted that gas
The downside of the resurgence in Italy’s tourism sector is likely to be persistent inflation.
President Joe Biden will speak in Chicago on Wednesday, June 28, in an attempt to promote his “Bidenomics” plan for the economy as Americans continue to struggle with high inflation.
The People’s Bank of China (PBOC), central bank for the Chinese Communist regime, on Tuesday pushed a massive sale of dollars by state banks in a desperate bid to prop up the cratering yuan.
On Tuesday’s broadcast of “CNN This Morning,” Bank of America CEO Brian Moynihan responded to a question on how Bidenomics is working by stating that after all of the pandemic stimulus, “you now have a situation where inflation has to
The massive spending sprees and money printing schemes during the lockdowns is the central cause of inflation, a top central banker admitted.
States are scrambling to figure out how to keep making money to funnel into road maintenance amid economic struggles in President Joe Biden’s (D) America.
The Central Bank of Turkey hiked interest rates for the first time in 27 months on Thursday, reversing a key economic policy that President Recep Tayyip Erdogan stubbornly defended throughout his turbulent reelection campaign.
Alfredo Ortiz, the president and CEO of Job Creators Network, said Saturday on “Fox News Live” that consumers and small businesses were hurting from inflation.
During an interview aired on Friday’s broadcast of Bloomberg’s “Wall Street Week,” Harvard Professor, economist, Director of the National Economic Council under President Barack Obama, and Treasury Secretary under President Bill Clinton Larry Summers argued that we do not have
The most heralded recession in American history will probably not arrive until next year.