Economy - Page 19

The International Energy Agency (IEA) documented a drop in Russian oil export revenue of over $13 billion between October and November in a report published on Thursday, a potential signal that President Donald Trump’s sanctions on Russia’s oil industry imposed in late October have begun to affect the market.

National Economic Council Director Kevin Hassett said Thursday that the Democrat-forced government shutdown cost the country about $15 billion per week and is expected to knock 1-1.5 percent off gross domestic product growth in the fourth quarter.

UK GDP rose just 0.1 per cent in the last quarter, less than expected, with the largest cyber attack in British history blamed by the govt.

A 57-year-old Pittsburgh tech entrepreneur who is the founder and chairman of a software company with federal contracts including with the Pentagon is facing felony charges for allegedly soliciting sexual contact with a young girl in Lebanon County, Pennsylvania.

President Donald Trump’s top deputies are sparring over the H-1B visa program, which is profitable for investors but increasingly toxic among the younger voters needed by the GOP in the 2026 midterm elections.

WASHINGTON–President Donald Trump signed legislation to reopen the government on Wednesday, ending the 43-day Democrat shutdown.

Federal Reserve hawks may be on the verge of making a reckless bet based on incomplete information.

Executives at General Motors (GM) are directing their parts suppliers to get out of China in yet another victory for President Donald Trump’s fierce tariff agenda. 

Wednesday on Fox News Channel’s “Fox & Friends,” Treasury Secretary Scott Bessent said soon “real wages are going to increase,” which will ease the affordability issues.

Nearly 200 investigations into potential abuses of the H-1B visa program have been launched as part of the Department of Labor’s (DOL) efforts to “combat discrimination against American workers,” agency officials reveal to Breitbart News.

President Donald Trump said Wednesday that Democrats are reintroducing the “Jeffrey Epstein Hoax” to distract from their government shutdown and other issues they are performing poorly on.

It’s harder than ever to buy a home, thanks to immigration, environmental regulations, and zoning restrictions. The word “crisis” gets used too often, but housing certainly qualifies.

Google has filed a lawsuit against a Chinese cybercriminal gang responsible for a massive SMS phishing, or “smishing,” operation that has amassed over a million victims across 120 countries. These fake texts typically claim victims owe toll payments or other similar charges to trick them into handing over their bank details.

Michael Burry, the investor who gained fame for his role in “The Big Short,” has recently accused major technology companies of using aggressive accounting tactics to artificially boost their earnings amidst the AI boom. The fresh accusations come shortly after Burry went public with claims of an “AI bubble.”

A new Yahoo/YouGov survey reveals that the majority of Americans have a pessimistic outlook on the future of artificial intelligence, with 53 percent believing that AI is likely to “destroy humanity” someday.

New York City (NYC) Mayor-Elect Zohran Mamdani explained that the relationship he has with President Donald “will be critical to the success” of the city, and added that he plans to call Trump before taking office.

American companies operating in South Korea say the country’s antitrust regulator has turned enforcement into a political tool that unfairly targets them while protecting domestic competitors, according to a report released Wednesday by the National Bureau of Asian Research (NBR).

During a portion of an interview with the Fox News Channel aired on Tuesday’s broadcast of “The Ingraham Angle,” President Donald Trump responded to concerns about elevated coffee prices by stating that we’ll lower some of the tariffs so “We’re

The 50-year mortgage risks converting a generation of would-be homeowners into highly leveraged tenants of their own dreams—a generation of owners in name but renters in substance.

The Environmental Protection Agency (EPA) is innovating artificial intelligence (AI) in a way that both lessens environmental impact and makes the agency’s work more efficient, with Deputy Administrator David Fotouhi saying, “The United States must win” the international AI race.

President Donald Trump’s deregulatory agenda will foster affordability, EPA Deputy Administrator David Fotouhi said on Monday during an exclusive event with Breitbart News.

Mass immigration has put a significant strain on the housing market, a study from the Federation for American Immigration Reform (FAIR) details.

Executives at Ford Motor Company are praising President Donald Trump’s expanded auto tariffs on foreign-made cars.

Meta Chief AI Scientist Yann LeCun is planning to leave the social media giant to start his own venture, as the company undergoes a significant overhaul of its AI operations led by CEO Mark Zuckerberg.

The National Federation of Independent Business said Tuesday that its optimism index fell six-tenths of a point to 98.2. Five of the 10 components that make up the benchmark declined while four climbed.

Tesla’s sales in China have taken a significant hit, with Elon Musk’s EV giant experiencing its worst sales performance in years for the month of October.

During a portion of an interview aired on Monday’s broadcast of the Fox News Channel’s “Ingraham Angle,” President Donald Trump responded to a question on concerns about the economy from voters by saying that “More than anything else, it’s a

Rep. Brittany Pettersen (D-CO) is complaining that President Donald Trump’s increased scrutiny of foreign nationals seeking temporary work visas is preventing Colorado ski resorts from importing foreign J-1 visa workers to fill American jobs.

American companies are freely purchasing Chinese AI services while Chinese companies have zero ability to purchase American AI services. That’s exactly the sort of one-way trade barrier that President Trump has promised to end.

A DoorDash analysis published Monday finds that a number of key goods, including breakfast staples, computers and accessories, toys, and outdoor equipment, have declined in price since 2024.

Russian energy company Lukoil on Monday declared force majeure at West Qurna-2, a huge oilfield in Iraq. The Iraqi government has reportedly halted all payments to Lukoil due to U.S. sanctions imposed in October.

President Donald Trump is recommending air traffic controllers who remained at their posts during the Democrat government shutdown be rewarded.

Monday marks the “beginning of the end” of the longest government shutdown in history, House Speaker Mike Johnson (R-LA) said during a press conference.

Sen. Tom Cotton (R-AR) called Senate Minority Leader Chuck Schumer (D-NY) a “disgrace” after enough Senate Democrats defected to vote for a procedural vote to allow a continuing resolution (CR) funding the government to advance, accusing him of dragging out the shutdown to feed his “deranged hatred” for President Donald Trump.

Democrats need to start challenging the far-left activist base of their party because they are currently “feeding” it, EPA Administrator Lee Zeldin said during an event with Breitbart News on Monday.

Sen. John Fetterman (D-PA) said Sunday the Democrat government shutdown should never have happened and reiterated that he tried to help end it multiple times.