Economy - Page 50

Dating app companies are making huge investments into AI features, but these companies may be missing the mark with their key Gen Z demographic according to a recent Bloomberg Intelligence survey.

A new analysis reveals that AI-powered “nudify” websites, which generate nonconsensual deep fake pornography based on normal pictures of victims, are making millions of dollars by exploiting the services of major tech companies like Google, Amazon, and Cloudflare.

The Trump administration is turning up the heat on Fed chairman Jerome Powell.

The S&P 500 is up 25 percent since the Liberation Day sell-off.

President Donald Trump is pushing up wages for millions of Americans by ending the federal welcome for millions of illegal migrants, says a pro-migration economist at a Washington D.C. think-tank.

On Friday’s “Alex Marlow Show,” host and Breitbart Editor-in-Chief Alex Marlow talked with Breitbart News economics editor John Carney about Artificial Intelligence’s significant impact on STEM fields.

Security researchers have uncovered glaring vulnerabilities in the “McHire” AI chatbot used by McDonald’s to hire workers, potentially exposing the personal information of approximately 64 million job applicants.

With the impending expiration of the $7,500 EV tax credit, Tesla and Ford are desperately pushing potential buyers to make their purchases before the September 30 deadline. Donald Trump’s Big Beautiful Bill has ended the EV handout, much to the dismay of Elon Musk, Ford, and others trying to sell EVs to Americans who have not embraced the technology.

The EU will suspend retaliatory tariffs on U.S. goods scheduled to take effect Monday in hopes of reaching a trade deal with the Trump administration by the end of the month.<

One of the best kept secrets in the world today is that Americans are feeling far better about the economy than they have in years.

The House next week will hold a “crypto week” to advance legislation that would further President Donald Trump’s pro-cryptocurrency agenda.

The African nation of Lesotho declared a two-year “state of disaster” this week over “high rates of youth unemployment and job losses,” which have ostensibly been exacerbated by uncertainty over President Donald Trump’s tariffs.

JP Morgan Chase & Co. CEO Jamie Dimon on Thursday blasted the Democrat Party for being too devoted to diversity, equity, and inclusion (DEI).

Director of the U.S. Office of Management and Budget Russ Vought said he is confident the 9.4 billion rescissions package to codify DOGE cuts to PBS, NPR, and USAID will pass Congress. 

The $27 billion surplus reported Friday by the Treasury Department stood in stark contrast to forecasts for a $50 billion deficit, representing one of the largest upside surprises in recent budget data.

A mob waved foreign flags as it tried to block the enforcement of the nation’s popular laws at a pot-growing farm in rural California. 

WASHINGTON — President Donald Trump shared a message for countries worldwide before he departed for Kerrville, Texas, on Friday, as the August 1 tariffs loom for a number of nations without renegotiated trade deals.

Radical leftist President of Brazil Luiz Inácio Lula da Silva said on Thursday that Brazil will reciprocate the United States’ 50-percent tariff on August 1 if no “solution” is found through diplomatic channels before the deadline.

President Donald J. Trump issued a direct warning to Canadian Prime Minister Mark Carney in a newly released letter, threatening a 35 percent tariff on Canadian imports starting August 1, citing what he describes as Canada’s role in fueling America’s fentanyl crisis and longstanding trade imbalances.

The U.S. State Department on Friday is firing over 1,300 workers in a reorganization plan as President Donald Trump’s administration works to shrink a bloated government.

The Organization of the Petroleum Exporting Countries (OPEC) on Thursday released an updated forecast for 2050 which anticipated soaring demand for oil in the medium and long term, once China’s economic outlook improves.

Native-born Americans account for 100 percent of the nation’s job gains since January, when President Donald Trump took office, the Labor Department revealed.

Western governments should “scrap” asylum laws and instead aid migrants closer to their home countries, says The Economist, a pro-globalist site for investors.

A San Francisco judge has given the green light to Don Lemon’s lawsuit against Elon Musk’s X, following the abrupt cancellation of Lemon’s show on the social media platform.

Missouri Attorney General Andrew Bailey is demanding answers from big tech giants including Meta, Google, and OpenAI, about their AI chatbots distorting facts and producing biased results about President Donald Trump. Bailey writes, “Missourians deserve the truth, not AI-generated propaganda masquerading as fact.”

President Donald Trump said Thursday that the U.S. will impose a 35 percent tariff on goods coming into the US from Canada. The tariff will take effect on August 1.

In a recent series of Truth Social posts, the president made the case that the strength of the U.S. economy justifies lower interest rates.

The Department of Labor on Thursday issued guidance to ensure that illegal aliens could not access taxpayer-funded workforce programs and grants.

President Donald Trump declared Thursday that the United States is officially “back” and called on the Federal Reserve to lower interest rates.

Amazon’s gamble to extend its annual Prime Day summer sale from two to four has gotten off to a rocky start, with sales plunging 41 percent on the first day compared to last year.

Sen. Joni Ernst’s (R-IA) bipartisan bill to boost domestic manufacturing advanced out of the Senate Commerce Committee is slated to be passed by the Senate.

Tesla CEO Elon Musk has revealed that Grok, the AI chatbot developed by his company xAI, will soon be integrated into Tesla EVs, despite the AI’s antisemitic meltdown on X this week.

President Donald Trump announced the imposition of a 50-percent tariff on Wednesday on Brazilian products sent into the United States, citing the “witch hunt” against conservative former President Jair Bolsonaro, which he described as an “international disgrace.”

The Trump administration is deepening its effort to sever U.S. reliance on Chinese rare earth supplies, committing $400 million in equity financing to MP Materials Corp. as part of a broader plan to expand domestic production of rare earth magnets used in advanced weapons systems and industrial technologies.

If you were wondering how Federal Reserve officials view Donald Trump’s tariff plans, the latest Federal Open Market Committee (FOMC) minutes make one thing perfectly clear: they all think tariffs are inflationary.

Japanese Prime Minister Ishiba Shigeru said on Tuesday he found it “deeply regrettable” that President Donald Trump announced he would impose reciprocal tariffs of 25 percent on exports from Japan.