The shot heard ’round the world was not fired by President Donald Trump but by Federal Reserve Chair Jerome Powell, who insisted he was merely defending his territory from an unwelcome intrusion of Justice Department interferers.
President Donald Trump on Friday said he wants to keep Kevin Hassett as his economic adviser, a remark that many interpreted as indicating he is less likely to be nominated to head the Federal Reserve. “I see Kevin is in
Business equipment manufacturing grew 0.8 percent and is up 10.1 percent from a year earlier, reflecting a boom in investment.
President Donald Trump will announce a plan next week allowing Americans to use funds from their 401(k) retirement accounts for home down payments, National Economic Council Director Kevin Hassett said Friday. Hassett disclosed the proposal during an interview with Fox
Cato Institute economist Scott Lincicome’s recent column argues that U.S. manufacturing “ended 2025 with a thud,” but his analysis makes the fundamental error of treating employment as the scoreboard in a labor-constrained economy.
A historically low claims figure highlights how job-security remains strong as 2026 begins.
The December CPI data is clear: the tariff inflation crisis was an elite panic disconnected from economic reality.
Chipotle pointed out that billionaire investor Bill Ackman is not affiliated with the company after a viral social media post falsely claimed he owned the restaurant chain and called for a boycott over his donation to a legal defense fund
Inflation was mild outside of an increase in energy prices in November, a key gauge of prices showed Wednesday. The producer price index for final demand, which measures prices paid to U.S. producers of goods and services, rose by 0.2
Sales by U.S. retailers rose by much more than expected in November, signaling that the household sector remains resilient and consumer spending continues to support rapid economic growth. Retail spending rose 0.6 percent in November, exceeding even the most optimistic
Jerome Powell’s decision to publicly attack the Trump administration could give President Trump the opportunity to appoint a leader of the Federal Reserve without Senate approval.
Core goods prices—a measure which excludes food and energy that many economists would face tariff pressure—were flat for the month and up just 1.4 percent from a year ago.
Jerome Powell has decided he is under assault from the Trump administration and has issued a declaration of war.
Powell claimed, without evidence, that the inquries into the renovations and his congressional testimony were merely “pretexts” for political interference in monetary policy.
This is the Breitbart Business Digest Weekly Wrap, where bring you seven days of data and insight about the economy in a single newsletter.
The Supreme Court on Friday did not issue a ruling on President Trump’s tariffs.
The drop in the unemployment rate was much better than expected even though job creation fell short of forecasts.
A century-long lease offers the simplest way to secure enduring Arctic access without the political liabilities of ownership.
Speaking to business leaders at the Economic Club of Minnesota, Bessent laid out a vision of an economy revitalized by strategic government intervention in trade, sweeping changes to the tax code, and a sharp pivot away from regulations he said had stifled entrepreneurship and innovation.
Worker output climbs to fastest pace in two years as companies respond to tighter labor supply.
This is the third straight monthly decline in the trade deficit, suggesting that changes to U.S. tariff policy are driving deep changes in the global economy.
What’s the best structure for securing American interests on the world’s largest island?
President Trump says companies must prioritize manufacturing capacity over dividends and buybacks.
The Trump administration will sell Venezuelan oil “indefinitely” and control the proceeds, Energy Secretary Chris Wright announced Wednesday, as part of the administration’s broader strategy to manage Venezuela’s oil exports and rebuild its energy sector.
The retreat in openings reinforces the view that the Federal Reserve kept monetary policy too restrictive for too long, refusing to cut interest rates for several months because it overestimated the inflationary impact of President Trump’s tariff policies.
The operation to remove Nicolás Maduro may prove more economically significant than most commentary suggests.
What we’re witnessing in Venezuela is less about one country’s oil production and more about the completion of a shift toward Western Hemisphere energy independence and an embrace of the core reality of fossil fuel-driven global energy production.
U.S. manufacturing activity contracted for the tenth consecutive month in December, but the details of the report suggest production could strengthen in the months ahead. The Institute for Supply Management’s manufacturing index fell to 49.3 from 48.4 in November, remaining
Economic growth in the U.S. accelerated far more than expected this summer.
This week’s wrap is all about the long-awaited consumer price index report released Thursday, the one the legacy media immediately tried to bury because it wrecked their story about America caught in an affordability crisis.
In December, U.S. consumers grew less worried about inflation and more optimistic about both personal finances and business conditions.
President Trump tipped his hand a bit on Wednesday night, hinting that the inflation report issued Thursday morning by the Department of Labor was going to be good news.
Inflation comes in much lower than expected, supporting President Trump’s claim that the Bidenflation crisis has been overcome.
Inflation eased significantly in November, indicating that consumers are seeing relief from anxieties about affordability.
Federal Reserve Bank of Atlanta President Raphael Bostic dissented from the Federal Open Market Committee’s December rate cut, warning that the Fed’s credibility on inflation “could be at stake.”
Tuesday’s chaotic employment report had something for everyone from hawks to doves, bulls to bears.
U.S. retail sales were essentially flat in October, but the headline figure concealed underlying consumer strength as Americans began their holiday shopping before Halloween. Retail and food service sales totaled $732.6 billion in October, virtually unchanged from September, the Census
A long-delayed government report on Tuesday showed that the unemployment rate jumped in November to 4.6 percent, as a decline in government employment offset gains in the private sector. The U.S. economy added 64,000 jobs in the month, the Department
Federal Reserve Governor Stephen Miran delivered a speech Monday taking apart the tariff-inflation panic.
More than one-third of Americans plan to spend at least $1,000 on holiday shopping this year, a significant increase from recent years and the highest share in at least 15 years, according to the CNBC All-America Economic Survey released Sunday
