New unemployment claims were filed by the fewest Americans in over three years last week, far fewer than economists had been expecting. There were 191,000 initial claims for unemployment benefits in the week that included Thanksgiving, the Department of Labor
Gloom to Boom: A Holiday Shopping Odyssey American consumers sure have a funny way of expressing their gloomy mood. For months, U.S. consumers have been telling pollsters that the economy is precarious, that they can’t afford anything, and that buying
Payrolls at U.S. businesses shrank by 32,000 jobs in November, according to payroll processor ADP, highlighting concerns about the health of the labor market. This was the largest monthly job loss since early 2023, according to ADP data. “Hiring has
The man Trump calls a “stubborn ox” might prove stubborn enough to stick around when his term as Fed chairman expires, operating as a kind of monetary policy resistance leader for the next two years.
Costco has filed a lawsuit in the U.S. Court of International Trade seeking to preserve its right to a refund of tariffs paid under President Donald Trump’s use of the International Emergency Economic Powers Act. The warehouse club chain filed
President Trump has floated the idea of sending $2,000 checks to most Americans, funded by tariff revenue.
Americans are finally seeing relief at the gas pump. Gasoline prices across the U.S. fell to the lowest national average since May of 2021, according to the American Automobile Association. The driver’s club says that on Monday, the national average
Two closely watched surveys of U.S. manufacturing activity painted sharply divergent pictures in November, with one showing continued expansion and the other reporting accelerating contraction.
Retail sales jump 4.1% as consumers show spending power amid falling inflation.
A record number of Americans say they plan to shop this weekend and holiday sales are expected to hit a record high.
The real origin of our Thanksgiving tradition lies buried in Americas historical archives, in a sermon that was almost entirely forgotten.
The Plymouth Colony’s survival depended on two linked transformations that echo loudly in today’s economic debates: abandoning collectivism for private property and severing dependence on imports in favor of domestic production.
Demand for key capital goods made in America soared in September, with orders and shipments soaring, an indication that the pace of economic growth picked up in the third quarter. Orders for non-defense capital goods orders excluding aircraft, considered a
Despite plenty of headlines about layoffs, American companies are not letting go of many workers.
Commerce Secretary Howard Lutnick went to Brussels this week with a refreshingly direct message.
Shutdown-delayed data suggest U.S. shoppers bought less gasoline, food, and other goods even as dollar outlays rose with prices.
Sharp drop reflects growing pessimism about jobs, incomes and business conditions as the Democrats’ government shutdown weighs on sentiment.
A key measure of prices charged for goods and services produced in the U.S. showed that inflation continued to ease in September.
Treasury Secretary Scott Bessent told Breitbart Business Digest in an exclusive interview that the Trump administration is determined to end America’s dangerous dependence on China for critical materials and pharmaceuticals, describing the effort as “taking back our sovereignty.”
The Trump administration has successfully addressed the “three I’s” that he said were devastating working-class Americans: immigration, interest rates, and inflation, Treasury Secretary Scott Bessent said in an exclusive interview with Breitbart Business Digest co-authors Alex Marlow and John Carney
Secretary Lutnick told European representatives that their tech regulations unfairly disadvantage American companies.
The only way to deter Democrats from causing another chaotic government shutdown is to threaten to strip them of the power to do so.
After years of Bidenflation raising prices at a staggering pace, American families are enjoying a less pricey Thanksgiving meal this year.
This week, the government finally revealed the September jobs data, and we learned about the mysterious resignation of yet another Fed official.
Tariffs paired with immigration policy, capital policy, and monetary policy are tools for breaking a low-wage equilibrium and pushing the economy toward more capital, more productivity, higher real wages, and a cooler price path.
“For too long we had trade negotiators that so believed in the fake idea of free trade over fair trade that they were willing to sell American workers down the river without actually negotiating in the interest of American workers,” Vance said.
The better-than-expected jobs report released Thursday shows that the Trump administration’s economic policies are working, Vice President JD Vance said.
More than twice as many as expected.
The new San Francisco Fed paper on tariffs opens the door for using customs duties in a way that the economics profession has almost never considered: as a macroeconomic policy tool.
Survey results released by the Federal Reserve Bank of Atlanta show that businesses have largely accepted that tariffs do not pose a risk of higher inflation.
The Federal Reserve spent 2025 worried about the wrong problem, mistakenly holding back on rate cuts out of fear that Trump’s tariffs are an inflation threat.
Year-t0-date, factory orders are up a solid 3.3 percent compared with the January through August period a year earlier.
“While underlying demand in the business remained relatively stable sequentially, an expected increase in demand in the third quarter did not materialize,” CEO Ted Decker said in the company’s earnings announcement.
A new paper from the Federal Reserve Bank of San Francisco suggests that the economic establishment’s narrative that tariffs drive up inflation is wrong.
Renaissance Macro economist Neil Dutta says the Federal Reserve is on the verge of making a serious policy mistake as various officials drift toward keeping rates steady instead of cutting next month.
The Census Bureau reported that construction outlays reached an annualized pace of $2.17 trillion, up 0.2 percent from July’s revised $2.165 trillion figure. The result beat economist expectations for a 0.2 percent decline.
Manufacturing activity surged across New York State in November, with a key Federal Reserve survey showing unexpected strength as business conditions hit their best level since last November and manufacturers expressed confidence about the months ahead.
The Federal Reserve released research proving its own rate-holding decision was based on a theoretical mistake.
Researchers at the Federal Reserve Bank of San Francisco examined major tariff changes from 1870 through 2020 across the United States, United Kingdom, and France. Their conclusion challenges the conventional wisdom that dominated economic policy debates in recent years: when countries raise tariffs, prices actually fall, not rise.
The Trump administration is floating an idea that sounds intuitive to a lot of people: portable mortgages.
