Economy - Page 22

Tesla shareholders are set to decide this week whether to approve a trillion dollar compensation package for CEO Elon Musk that could grant him much more control over the company than he has today. Critics, including proxy advisory firm Institutional Shareholder Services (ISS), are urging shareholders to vote no on the plan.

Palantir Technologies, the data-analytics company founded by Peter Thiel, has launched an unconventional fellowship program that offers high school graduates a chance to skip college and work directly for the company.

Mass migration has made the British people poorer and solving that problem will be a major part of fixing the economy, says Nigel Farage.

Halloween weekend ended the month with the worst box office weekend of the year, the worst Halloween weekend in 32 years, and this all comes after the worst October box office in three decades.

NEW YORK — U.S. Ambassador to the United Nations Mike Waltz told Breitbart News exclusively of how President Donald Trump and his cabinet rallied at the 11th hour to thwart globalists from creating a “global green tax” that he argued would have created a “U.N. climate slush fund.”

New Jersey Republican gubernatorial candidate Jack Ciattarelli criticized his opponent, Democrat gubernatorial candidate Mikie Sherrill, for her plan to freeze energy prices while at an “all-time high,” questioning why they would be frozen there.

As temperatures begin to drop around the U.S., Democrat lawmakers’ refusal to fund the government may impact the ability of some Americans to heat their homes.

Italian tax police said they are seizing assets worth $1.5 billion from a Luxembourg-based holding company’s shares in spirits maker Campari Group as part of a fraud investigation.

Amazon CEO Andy Jassy has attributed his company’s decision to slash 14,000 jobs to issues with “culture” rather than prior overhiring or AI, despite warning over the Summer that AI-driven job cuts would be coming.

Uber CEO Dara Khosrowshahi believes that in “20 plus years,” all cars will be autonomous, leading to a decline in private car ownership and a shift in the perception of driving to be a hobby, which he compares to horseback riding.

Two professors at the University of Illinois Urbana-Champaign recently caught dozens of students using artificial intelligence to generate identical apology emails after being accused of cheating by using AI to complete their class work.

This is the Breitbart Business Digest weekly wrap, where we tell scary stories about this week’s economic news.

The Chinese National Bureau of Statistics reported on Friday that manufacturing activity contracted for the seventh consecutive month in October, posting even lower numbers than expected.

Elon Musk’s Tesla Cybertruck has been hit with its tenth recall in less than two years since the electric pickup truck’s introduction, highlighting the model’s problem-plagued run and failure to gain significant traction with consumers.

Walmart is addressing online rumors that its stores will be shutting down as leftists threaten to loot over a pause in food stamps as the Democrat’s government shutdown continues.

Benefits from the Supplemental Nutrition Assistance Program (SNAP) are drying up this weekend as Democrats have voted to keep the government shut down 14 times, House Speaker Mike Johnson (R-LA) said during Friday’s press conference on day 31 of the shutdown.

Retailers are rolling out discounts on Hershey chocolates and other sweets, giving consumers a rare break from rising prices, according to a Reuters report.

Amazon’s stock price surged more than 10 percent on Friday morning following the release of its latest earnings report, which highlighted the impressive growth of its cloud computing division, Amazon Web Services (AWS). AWS caused a significant portion of the internet to crash just over a week ago, causing concern for current and potential customers alike.

Character.AI, a startup that creates AI companions, announced on Wednesday that it would prohibit users under the age of 18 from using its chatbots starting November 25, 2025, in a significant move to address child safety concerns.

The recent Harvard Business School study on tariffs is deeply flawed in ways that undermine confidence in its findings.

President Donald Trump is shrinking the inflow of refugees down to 7,500 refugees in 2026, which will help ordinary Americans earn higher wages from employers and also afford better housing.

Both United and Delta Airlines are calling on Congress to reopen the government with a clean continuing resolution (CR).

Expiring Biden-era enhanced Obamacare credits minimally impacted total 2026 premiums, countering a Democrat narrative that the expiration of these credits is responsible for health insurance price increases.

The Washington Post editorial board wrote Wednesday that Congress should fund the government for a full year, as otherwise families could “go hungry” as key programs such as food stamps may soon expire.

President Donald Trump is cutting tariffs on China after the country agreed to open up to United States Agriculture, the commander-in-chief detailed in a Truth Social post.

Mark Zuckerberg’s Meta said it would “aggressively” ramp up spending to stay competitive in the AI arms race, sending its stock down more than 10 percent in morning trading despite posting record revenue in the third quarter.

Sen. Joni Ernst (R-IA) proposed a bill on Thursday that would make it easier for the Trump administration to sell off underutilized federal buildings.

Democrats will have their 15th chance to reopen the government on Thursday, but if not, there will be consequences for the American people — including the Supplemental Nutrition Assistance Program (SNAP) checks running dry and the delay or cancellation of flights — Speaker Mike Johnson (R-LA) said on Thursday.

Google’s YouTube is restructuring its products team in a major shift towards AI, offering voluntary buyout packages with severance to its U.S.-based employees.

President Donald Trump met with China’s genocidal communist dictator, Xi Jinping, on Wednesday in Busan, South Korea, for talks focused heavily on lifting recent restrictions and tariffs on bilateral trade.

The U.S. government is importing too many legal immigrants and too many H-1B visa workers, Vice President JD Vance told a cheering crowd of roughly 10,000 Turning Point supporters and students Thursday at the University of Mississippi.

Each year, more of what Americans buy is made abroad, and more of what Americans earn comes from borrowing that replaces the income lost to trade. The system sustains itself not through productivity but through the continual creation of dollar assets.

Left-wing TikTokers are shamelessly promoting rioting and stealing as the pause of food stamps, or the Supplemental Nutrition Assistance Program (SNAP), looms due to the government shutdown.

Kentucky Senate Republican candidate Nate Morris voiced his support for President Donald Trump’s tariff policies while Sen. Mitch McConnell (R-KY) has continued to oppose the president’s agenda.

A new poll shows 2:1 strong support for deporting all non-criminal illegal migrants versus strong opposition. 

The food stamp program that was expanded by former President Barack Obama is a failed program that created more dependency, Sen. Ron Johnson (R-WI) said during an appearance on Breitbart News Daily.