Economy

Swedish authorities are investigating a cargo ship sailing in the Baltic Sea that they believe is a stateless vessel.

This is the Breitbart Business Digest weekly wrap of business and economic news, where we strive to increase output despite no increases in our newsletter’s payroll.

The Democrat leader of the Mayors for a Guaranteed Income wants the government to provide help in the form of cash payments to Americans.

China’s big “Two Sessions” annual meeting of its rubber-stamp legislature produced a report on Friday that revised GDP growth projections down to a “range” of 4.5 to 5 percent, a significant downgrade from the 4.9 to 5 percent projection for 2025.

Americans for Prosperity, Job Creators Network, and Americans for Tax Reform on Friday announced they would launch a series of events in key swing districts promoting the Working Families Tax Cuts.

Artificial intelligence company Anthropic is preparing to fight a Pentagon designation labeling it as a supply-chain security risk, even as CEO Dario Amodei issued a groveling apology for whiny complaints about the Trump Administration made in a leaked internal communication.

Harsh winter weather put a chill on retail spending in January, as shoppers bought fewer cars and cut back on some store and restaurant purchases even as online sales and a key measure of core retail demand held up. Retail

Oil prices continued to climb rapidly on Friday following remarks by President Trump that there would be no deal to end the war with Iran short of an “unconditional surrender.”

Much worse than expected.

Republican Study Committee (RSC) and Congressional Real Estate Caucus members, led by Rep. Mark Alford (R-MO), are transmitting a letter Friday morning to Treasury Secretary Scott Bessent, urging the department to use existing authority to index capital gains calculations to inflation, arguing the change could be implemented administratively without requiring new legislation.

Randolph Bourne said war is the health of the state. Fine. Then let’s say the other part out loud: war is a disease in the economy.

QatarEnergy, the national petroleum company of Qatar, stunned global energy markets on Wednesday by declaring force majeure and canceling its contracts to deliver liquid natural gas (LNG) to customers around the world due to attacks from Iran on its energy infrastructure.

Utah’s business-first Republicans again voted down a plan to strengthen curbs on employers who want cheap labor by hiring illegal migrants.

Authorities have arrested a U.S. government contractor accused of stealing over $46 million in cryptocurrency from the U.S. Marshals Service.

The FBI and state police agencies are cracking down on gangs of Indian nationals who sell fake gold bars to trusting American seniors.

America’s productivity is rising at a rate not seen in decades.

The parents of a Florida businessman have filed a federal lawsuit against Google, alleging that the company’s AI chatbot drove their son to attempt a catastrophic truck bombing at Miami International Airport before encouraging him to take his own life.

Leaders from the leading companies in AI including Google, Microsoft, Meta, Oracle, xAI, OpenAI, and Amazon have signed a non-binding agreement at the White House committing to fund the electricity infrastructure needed for their data center operations.

Seemingly under intense pressure from China, Iran’s terrorist Islamic Revolutionary Guard Corps (IRGC) modified its threats to close the vital Strait of Hormuz to worldwide oil shipping, claiming that it would only attack American, Israeli, and European ships.

Anthropic CEO Dario Amodei has sharply criticized OpenAI and its CEO Sam Altman in an internal memo, describing the rival company’s statements about its military contract as “straight up lies.”

Efficiency gains confound critics who predicted tariff-driven slowdown

Sean Gamble, the CEO of Cinemark, expressed optimism of Paramount winning the bidding war to purchase Warner Bros.

U.S. Secretary of the Interior Doug Burgum on Wednesday announced that America will be working together with Venezuela to tap into the country’s mining sector after meeting with “acting President” Delcy Rodríguez.

In just a few years, thanks to Gov. Gavin Newsom’s (D-CA) greedy, unnecessary, and punitive environmental regulations, the former Golden State has lost two refineries.

The war may continue. But the market panic, at least for now, seems to be looking for an exit strategy.

President Donald Trump said that electricity prices in communities where tech companies are building data centers will not rise, and in many cases will come down thanks to his Ratepayer Protection Pledge.

In a return visit, Elisabeth Hasselbeck ripped her former co-hosts on ‘The View’ for their abject hypocrisy on wide-open borders.

Treasury Secretary Scott Bessent said Wednesday the Trump administration plans to raise its across-the-board tariff rate to 15 percent this week, providing a timeline for an increase President Trump had announced but not yet implemented.

Fifty-seven percent of Americans want all illegal migrants sent home, according to a Harvard Harris poll.

Breitbart News social media director Wynton Hall, the author of the upcoming book Code Red: The Left, the Right, China, and the Race to Control AI, recently spoke at a Young America’s Foundation (YAF) conference at the Reagan Ranch Center, telling the audience that conservatives “don’t get to opt out of the AI revolution.”