The United States and India reached a trade agreement that will immediately lower American tariffs on Indian goods to 18 percent while opening India’s market to U.S. energy and other products, President Donald Trump announced Monday.
American manufacturing roared back to life in January, posting its strongest performance in nearly four years and ending more than two years of persistent contraction.
This week culminated in the nomination of a former Bush White House economic official to succeed Jerome Powell as Fed chair.
Rising prices of services pushed up a key index of inflation in December, data from the Labor Department showed Friday. The producer price index for final demand rose by 0.5 percent in December, up from a 0.2 percent rise in
Trump taps Former Fed Governor to Succeed Current Chair in May
Productivity is surging in America, which will likely mean subdued inflation even while wages rise and rapid economic growth continues.
The U.S. trade deficit widened to $56.8 billion in November, up from $29.2 billion in October, as imports of computers and semiconductors surged to support the nation’s ongoing technology investment boom
U.S. manufacturing productivity rose more than initially estimated in the third quarter, driven by a stronger showing in durable-goods output.
What began as Section 530A in last year’s One Big Beautiful Bill Act is evolving into something more substantial: a multi-layered wealth-building system combining government seed capital, corporate matching, philanthropic donations, and family savings.
The Federal Reserve held interest rates unchanged on Wednesday in a 10-2 vote, with officials pointing to signs of stabilization in the labor market as they signaled a pause in monetary easing.
Bank of America is embracing the Trump administration’s signature savings initiative, pledging to match the federal government’s $1,000 contribution to Trump Accounts for eligible employees’ children born between 2025 and 2028.
Disguising austerity in populist rhetoric doesn’t make the proposal to cut Social Security actually a populist proposal.
Consumer confidence fell sharply in January to its lowest level since 2014, as Americans grew more pessimistic about both current economic conditions and the outlook ahead.
Andrew Ross Sorkin wants corporate America to join the resistance.
Orders rose 5.3 percent in November, the Commerce Department said Monday in a reported delayed by last year’s government shutdown. This was far in excess of the three percent increase expected.
This is the Breitbart Business Digest’s weekly wrap, where we run through the news of the week with the wild abandon of a Canadian Prime Minister kowtowing to Chinese communists.
Consumer sentiment in the U.S. rose to a five-month high in January as Americans took a sunnier view of the economy and near-term inflation expectations declined for the fifth consecutive month.
The current consensus growth estimate of 2.1 percent for 2026 is almost certainly too low.
The economy expanded at a faster pace than previously estimated in the third quarter of last year, the Department of Commerce said Thursday.
The constitutional answer in the Trump v. Cook case isn’t an expansive judicial review of the president’s removal decisions. It’s trusting the Senate to do the job the framers assigned it.
Business expectations have fallen all the way down to the Fed’s two percent target.
The Supreme Court appeared to cast a skeptical eye on the Trump administration’s claim that it had the authority to dismiss Federal Reserve Governor Lisa Cook based on mortgage fraud allegations without giving her a formal hearing. But they also
Wells Fargo is relocating the headquarters of its wealth management business to West Palm Beach, becoming the first major U.S. bank to base its wealth operations in Florida, the company confirmed Monday. The San Francisco-based bank signed a lease for
Just about the biggest question in trade economics today is who is paying for the tariffs.
AkademikerPension is not pulling out of U.S. assets. Instead, it is shifting into other dollar-denominated instruments, including dollars and short-dated securities issued by U.S. housing agencies and government-backed mortgage institutions.
Wall Street Journal survey shows dramatic improvement in forecasts as recession fears fade and growth expectations surge
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.
