Economy - Page 4

Tesla’s sales in China dropped to a three-year low in October, raising concerns that Elon Musk’s EV giant could face its first full-year sales decline in the communist country.

A rising star in the field of economics has fallen from grace after his highly influential research on the impact of AI in the workplace was called into question, leading to an investigation by MIT.

Napster, the legendary peer-to-peer filesharing site that sparked a music pirating controversy in the early days of the internet before a recent evolution into an AI firm, has announced a stunning revelation to its shareholders. The $3.36 billion investment from a never-identified investor, which had been touted as a done deal in January, is never going to materialize.

Americans have been very patient while the federal government’s “Immigration Policy has eroded [civic] gains and living conditions for many,” President Donald Trump declared in a Thanksgiving Day statement on Truth Social as he promised to deport many more migrants.

The Campbell’s food company has fired an executive who allegedly called the company’s product “sh-t for f—cking poor people,” Fox Business reported.

Americans are holding onto their smartphones and other devices longer than ever, but researchers claim this trend comes with a hidden cost to the economy.

Folotoy, the company behind the AI-powered Kumma teddy bear, temporarily ceased sales of the product in response to backlash over safety concerns raised by researchers. The bear’s AI chatbot was proven to instruct children on how to start fires, find knives in their homes, and how to locate prescription drugs. The Company claims the teddy bear now has stronger child protections in place.

Reform launches campaign day after Reeves published budget, with Farage warning of a crisis so great it could collapse the government.

The Plymouth Colony’s survival depended on two linked transformations that echo loudly in today’s economic debates: abandoning collectivism for private property and severing dependence on imports in favor of domestic production.

Texas has invested $5 million in a bitcoin ETF as an initial move toward establishing the first state-based crypto reserve in the U.S.

Elon Musk recently acknowledged that other automakers are not interested in licensing Tesla’s “Full Self-Driving” technology, despite his previous claims of ongoing discussions and potential deals. The National Highway Traffic Safety Administration (NHTSA) is currently investigating Tesla’s “Self-Driving” feature for dangerous actions like running red lights, while some owners have reported their Tesla EVs fail to detect trains at railroad crossings.

Cracker Barrel CEO Julie Masino said she feels like she was “fired by America” after receiving backlash for the restaurant chain’s sterile remodeling design. 

The leftist Labour Party government in Britain announced £26 billion in tax hikes as a part of its autumn budget, which will take the tax burden to an all time high over the next five years.

Demand for key capital goods made in America soared in September, with orders and shipments soaring, an indication that the pace of economic growth picked up in the third quarter. Orders for non-defense capital goods orders excluding aircraft, considered a

HP has unveiled a sweeping restructuring plan that includes cutting up to 10 percent of its employee headcount by the end of fiscal year 2028 as part of the company’s strategy to accelerate innovation and drive productivity through the adoption of AI. 

Despite plenty of headlines about layoffs, American companies are not letting go of many workers.

British farmers were seen being arrested as thousands descended on Westminster on Wednesday morning to protest the leftist Labour Party government’s inheritance tax raids.

President Donald Trump is using the nation’s multiple visa programs to encourage foreign investment, but not to replace Americans, White House spokeswoman Karoline Leavitt said Monday.

Commerce Secretary Howard Lutnick went to Brussels this week with a refreshingly direct message.

Shipping giant Maersk said on Tuesday that it was close to resuming shipping through the Suez Canal almost two years after terrorist attacks from the Iran-backed Houthi insurgents of Yemen forced many transport companies to avoid the route through the Red Sea that leads to the canal.

Jiffy corn muffin mix, which has been a Thanksgiving staple for nearly a century, still costs less than one dollar 75 years later.

Shutdown-delayed data suggest U.S. shoppers bought less gasoline, food, and other goods even as dollar outlays rose with prices.

Amazon has announced a significant investment in artificial intelligence infrastructure designed to enhance AI capabilities for U.S. government organizations.

OpenAI, the creator of the popular AI chatbot ChatGPT, recently made changes to the chatbot after some users began reporting experiences that suggested they were losing touch with reality while interacting with it. Sam Altman’s company hopes to address the mental health crisis commonly referred to as “ChatGPT induced psychosis.”

Gas prices are creeping near their lowest level in four years ahead of the Thanksgiving holiday, with the national average hovering just above $3 per gallon.

Nvidia fell more than four percent in morning trading after reports emerged that Mark Zuckerberg’s Meta is in talks to spend billions on Google’s AI chips, potentially establishing them as a viable alternative to Nvidia’s industry-leading offerings.

Sharp drop reflects growing pessimism about jobs, incomes and business conditions as the Democrats’ government shutdown weighs on sentiment.

A key measure of prices charged for goods and services produced in the U.S. showed that inflation continued to ease in September.

On Monday’s broadcast of the Fox News Channel’s “Special Report,” Energy Secretary Chris Wright predicted that Americans “will soon see a stop in the rise of electricity prices, we’re going to achieve that, I think, hopefully in the first half

Treasury Secretary Scott Bessent told Breitbart Business Digest in an exclusive interview that the Trump administration is determined to end America’s dangerous dependence on China for critical materials and pharmaceuticals, describing the effort as “taking back our sovereignty.”

“I have facts. They have opinions.” That’s how Treasury Secretary Scott Bessent answered me when I asked him why he seems to have such an easy time dismantling the arguments of establishment media reporters.

Treasury Secretary Scott Bessent explained on Meet the Press that the Office of Foreign Assets Control (OFAC) would remove eight persons from its sanctions list on Monday, arguing that the Europeans are the real “laggards” in sanctions on Russia.

A federal judge, appointed by former President Bill Clinton, has temporarily halted President Donald Trump’s Internal Revenue Service (IRS) from helping Immigration and Customs Enforcement (ICE) agents locate illegal aliens using tax information.

The Trump administration has successfully addressed the “three I’s” that he said were devastating working-class Americans: immigration, interest rates, and inflation, Treasury Secretary Scott Bessent said in an exclusive interview with Breitbart Business Digest co-authors Alex Marlow and John Carney

Secretary Lutnick told European representatives that their tech regulations unfairly disadvantage American companies.