Economy - Page 39

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.

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.

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).

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.

Google’s prized AI pioneer, Noam Shazeer, has ignited a heated debate within the company over free speech and inclusivity after he expressed his personal views on internal forums. The AI legend has angered Google’s notoriously left-wing employee population by making common sense statements such as “It is not okay to sterilize children.” 

Rumble, the freedom-first technology platform, has signed a business combination agreement to acquire Northern Data AG, a leader in AI and high-performance-computing infrastructure. The move solidifies Rumble as an alternative to left-wing Silicon Valley technocrats.

Americans seemed to blame both parties for the Democrat government shutdown, a survey from the Economist/YouGov found.

Siddhant Awasthi, who led Tesla’s Cybertruck program from engineering to large-scale production, has announced his departure from Elon Musk’s EV giant after more than eight years with the company. This is the latest in a long series of executive departures from every corner of Musk’s business empire.

President Donald Trump will propose a 50-year mortgage plan in the hopes of encouraging more people to buy homes.

Brexit’s Nigel Farage slammed the age of “global corporatism” where the lobbying power of big business allows them to dominate government.

Op-ed writer George Will, a pillar of the old-guard GOP establishment, is so disgusted with Congress’s refusal to enforce more migration that he used his Washington Post column to air his grievances.

“The American taxpayer is being robbed in broad daylight,” Texas Republican Rep. Wesley Hunt said as he urged Agriculture Secretary Brooke Rollins to widen her crackdown on illegal alien abuse of federal food assistance programs.

President Donald Trump has ordered the Department of Justice (DOJ) to investigate the “Big Four” meatpackers, who control the overwhelming majority of the nation’s beef products, for what he says is a history of “price fixing” and “illicit collusion.” 

President Donald Trump on Sunday made it clear how he feels about people who do not agree with tariffs.

A small San Francisco Bay-area community of about 9,000 residents has stepped up big — according to its town council — by passing “the strictest and most comprehensive tobacco and nicotine sales ban in the country.”