Vice President JD Vance revealed this week that about $7 billion worth of Small Business Administration fraud has been discovered in California, an indicator the theft of federal funds across all departments could well exceed any other state’s.
This is the Breitbart Business Digest’s weekly wrap, where we run through the news of the week with the wild abandon of a Canadian Prime Minister kowtowing to Chinese communists.
Hundreds of businesses in Minnesota are closing to protest the deportation of illegal migrants, as industry experts admit that President Donald Trump’s deportation polices are nudging up wages for their American employees.
General Motors has announced that production of the newly updated 2027 Chevrolet Bolt EV will end after approximately 18 months to make way for a gas-powered Buick crossover at its Kansas manufacturing facility.
State Rep. Jacob Wasserberger (R-WY), a self-described America First lawmaker, on Thursday introduced legislation that would help families achieve the American Dream by selling land for one dollar per acre in the Cowboy State.
Consumer sentiment in the U.S. rose to a five-month high in January as Americans took a sunnier view of the economy and near-term inflation expectations declined for the fifth consecutive month.
China’s TikTok announced Thursday that it has finalized an agreement to spin off its American operations into a new joint venture, ending years of uncertainty over the platform’s future in the United States.
The Small Business Administration (SBA) is probing whether affiliates of abortion giant Planned Parenthood illegally received $88 million in Paycheck Protection Program (PPP) loans during the COVID-19 pandemic.
Jan. 22 (UPI) — Paramount Skydance extended the deadline for shareholders to accept its hostile bid to buy Warner Bros. Discovery.
The current consensus growth estimate of 2.1 percent for 2026 is almost certainly too low.
Two major investors in Coupang on Thursday urged the Trump administration to investigate the South Korean government as Sen. Mike Lee (R-UT) accused South Korea of “unprecedented persecution.”
Analysts fear that the Nextflix acquisition deal with Warner Bros. is dragging the streamer’s stock down as stock value fell this week to a 52-week low.
President Trump’s attorneys filed a $5 billion — with a “B” — lawsuit against JPMorgan Chase and its CEO Jamie Dimon for “debanking” Trump in early 2021.
A Virginia state Democrat introduced a bill that would bar the state from verifying eligibility to receive federal taxpayer benefits.
A group of job applicants has filed a lawsuit claiming that AI screening tools used in hiring should be subject to the same disclosure requirements as credit reporting agencies. Just as credit bureaus must give consumers the ability to dispute inaccurate information, the lawsuit states that job seekers should have the right to correct AI screening software.
Nvidia CEO Jensen Huang believes that the AI boom will generate high-paying positions for skilled trade workers constructing chip manufacturing plants, data centers, and related facilities.
The economy expanded at a faster pace than previously estimated in the third quarter of last year, the Department of Commerce said Thursday.
During an interview with CNBC aired on Wednesday’s “Closing Bell,” President Donald Trump remarked that the 10% credit card interest rate cap he supports “sounds like” something New York City Mayor Zohran Mamdani (D) came up with. Trump said, “[O]ne-year
The constitutional answer in the Trump v. Cook case isn’t an expansive judicial review of the president’s removal decisions. It’s trusting the Senate to do the job the framers assigned it.
OpenAI has hired Ann O’Leary, who served on Hillary Clinton’s presidential team and led Gov. Gavin Newsom’s transition, which has shocked some close to the Trump White House.
Mass migration is terrible economics, President Donald Trump told an audience of Europeans at the World Economic Forum on Wednesday.
Business expectations have fallen all the way down to the Fed’s two percent target.
Turkey’s Competition Authority (RK, to use its Turkish acronym) raided the offices of Chinese online retailer Temu in Istanbul on Wednesday morning, performing a rather aggressive “on-site inspection” for reasons the RK did not make entirely clear.
There is little need for large-scale migration into the U.S. economy while productivity is being turbocharged by artificial intelligence, according to Larry Karp, CEO of the fast-growing Palantir Technologies.
Treasury Secretary Scott Bessent took aim at California Governor Gavin Newsom during a speech at the World Economic Forum this week, focusing on Newsom’s economic record, his presence in Davos alongside Alex Soros, and his handling of issues such as homelessness, budget deficits, and pandemic-era policies.
Hoping to reduce the loss of some $1 billion in fares, new gates installed in some New York City subway stations have instead become the subject of mockery online with videos showing riders easily defeating the barriers.
The European Parliament agreed to suspend the ratification process for the EU-U.S. trade deal in response to President Donald Trump’s threats to tariff eight countries for opposing the American acquisition of Greenland.
Canadian Prime Minister Mark Carney, fresh from toadying to the Communist dictatorship of China, slammed the United States in his address to the globalist World Economic Forum (WEF) in Davos, Switzerland on Tuesday.
The Supreme Court appeared to cast a skeptical eye on the Trump administration’s claim that it had the authority to dismiss Federal Reserve Governor Lisa Cook based on mortgage fraud allegations without giving her a formal hearing. But they also
Wednesday on CNBC’s “Squawk Box,” President Donald Trump’s AI and crypto czar David Sacks criticized California’s proposed wealth tax on billionaires.
Snap, the parent company of social media platform Snapchat has reached a settlement agreement in a major social media addiction lawsuit, avoiding what would have been the first trial testing claims that tech platforms deliberately designed products to addict young users.
President Donald Trump on Tuesday signed an executive order that prohibits Wall Street firms from purchasing single-family homes.
Salesforce Chief Executive Officer Marc Benioff is demanding government regulation of artificial intelligence technology after multiple documented suicide cases were connected to AI systems. In an interview, Benioff explained, “This year, you really saw something pretty horrific, which is these AI models became suicide coaches.”
New York’s Woke Metropolitan Opera is now facing layoffs and big budget cuts despite all the efforts to bring its finances back in line.
Nvidia CEO Jensen Huang is preparing to travel to China in advance of the Lunar New Year holiday as the company works to expand access for its AI processors in the communist country.
Netflix capped last year with another solid financial performance despite slowing subscriber growth that underscored the importance of its contested $72 billion bid to take over Warner Bros.’ movie studio and slot HBO Max into its video streaming line-up.
Michele Tafoya made a name for herself roaming stadium sidelines, but now she is ready to call the political plays.
President Donald Trump held a nearly two-hour-long White House press briefing Tuesday, on the one-year anniversary of his second inauguration.
Wells Fargo is relocating the headquarters of its wealth management business to West Palm Beach, becoming the first major U.S. bank to base its wealth operations in Florida, the company confirmed Monday. The San Francisco-based bank signed a lease for
The overwhelming majority of households headed by Afghan immigrants, and with children in the home, are on one or more forms of taxpayer-funded welfare in the United States, newly released analysis reveals.
