Economy - Page 12

Sen. Markwayne Mullin (R-OK) told Breitbart News in a long-form exclusive on-camera interview in early February in his U.S. Senate office that the Chinese Communist Party (CCP) has had its plans for global domination through the Belt and Road Initiative disrupted by President Donald Trump.

Stocks rose and oil prices fell on Monday after President Trump indicated that the war with Iran was nearing its end.

It took Wall Street a while to come around, but the stock market has finally embraced the president’s worldview.

Mark Zuckerberg’s Meta is facing a lawsuit after reports emerged that contract workers in Kenya reviewed sensitive footage from customers’ AI smart glasses, including images of nudity, drug deals, and intimate activities.

When will Hollywood get the message that even woketards won’t pay to see woketard movies like The Bride!?

Morgan Stanley’s surprise decision to cut 2,500 jobs — 3 percent of its global workforce — was driven primarily by artificial intelligence, according to reporting by the New York Post’s Charles Gasparino.

Caitlin Kalinowski, who led hardware and robotics operations at OpenAI since November 2024, has resigned from the company citing concerns about Sam Altman’s contract with the Department of War.

The Democrats’ block on funding for the Department of Homeland Security (DHS) is creating airport delays and long lines for spring break travelers.

Oil prices surged past $110 a barrel on Sunday evening, topping $100 for the first time in nearly four years, as the war in the Middle East entered its ninth day with no end in sight and the Strait of

Pro-American lobby groups cautiously praised President Donald Trump’s decision to pick Sen. Markwayne Mullin as the new Secretary of the Department of Homeland Security.

Pope Leo XIV has a new, custom-outfitted Ford Explorer SUV — complete with papal vanity plates — delivered personally by the automaker’s CEO Jim Farley, and his wife, Lia.

Elon Musk’s SpaceX is preparing for what could become the largest initial public offering in history, potentially raising $50 billion and exceeding the total amount raised by all 90 IPOs that debuted last year.

Nvidia CEO Jensen Huang announced at a major tech conference that his company will likely cease further investments in AI firms OpenAI and Anthropic, citing the anticipated public offerings from the AI rivals later this year as the primary reason.

On Friday’s broadcast of the Fox Business Network’s “The Bottom Line,” former Trump Economic Adviser Stephen Moore stated that now might not be the best time to lower rates because of a potential bump in inflation due to a spike

A phased-in minimum wage hike in Los Angeles that will mandate $30 per hour for hotel workers in 2028 is already negatively impacting the very workers it is meant to help.

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.

Ford is recalling over 615,000 vehicles due to two safety issues, the news coming as the company experienced major financial losses in 2025.

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.

Enterprise software and AI giant Oracle is reportedly preparing to slashs thousands of jobs as it grapples with financial pressures stemming from its massive AI data center expansion effort.

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.”

A record number of 38 percent said they like the idea of America discarding capitalism for socialism, per a Fox News poll.

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.

Prediction market Kalshi has drawn outrage for refusing to pay out winnings on a $54 million trade related to the death of Iranian Supreme Leader Ayatollah Ali Khamenei.

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.

Renewed worries about the Iran war dragged down stocks in the U.S. and Europe Thursday.

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.