Economy - Page 7

India-born Rep. Shrinivas Thanedar (D-MI) says it is essential that the federal government accelerate the inflow of migrants into seasonal jobs throughout his very poor district in Michigan.

House lawmakers moved a measure this week to lower gas prices at military exchanges, making fuel cheaper for U.S. service men and women.

America added 172,000 jobs in May under President Trump. Meanwhile, in the Democrat-run, left-wing entertainment industry, thousands of jobs were lost.

Lionsgate Studio’s Michael Burns says using AI to make films will save his company “tens and tens of millions of dollars a year.”

American factory workers haven’t seen this kind of wage growth for decades.

S&P Dow Jones Indices announced Thursday it will preserve its existing eligibility criteria for major benchmarks like the S&P 500, effectively closing the door on expedited inclusion for large technology IPOs such as Elon Musk’s SpaceX.

Markwayne Mullin’s Department of Homeland Security has arrested two managers and almost 50 illegal migrants at a manufacturing site in South Carolina.

The U.S. economy added 172,000 jobs in May and the unemployment rate held steady at 4.3 percent.

President Donald Trump said Thursday that without energy dominance, the United States “can’t win” after he announced $700 million in funding to bolster America’s coal industry.

Roughly 51 percent of white Americans agreed they “are losing their economic, political, and cultural influence in this country because of the growing population of immigrants,” says a study funded by pro-migration advocates. 

House Freedom Caucus conservatives cheered the passage of an amendment to an appropriations bill that would the so-called the Biden-era auto “kill switch.”

WASHINGTON—President Donald Trump is expected to make announcements on three major coal-related actions on Thursday.

Google announced Wednesday it will invest $10 million in water infrastructure projects across Texas communities where the tech giant plans to construct data centers, marking the company’s first attempt to quell backlash against massive data centers with insatiable needs for power and water.

Seasonal adjustments pushed up jobless claims numbers for last week. But even with the rise, claims have rarely been so low.

The Department of Justice (DOJ) is carrying out enforcement actions relating to millions of dollars in alleged COVID-era fraud, Breitbart News has learned.

Elon Musk, the world’s wealthiest man, is approaching trillionaire status as SpaceX prepares for its IPO next week.

Treasury Secretary Scott Bessent testifies before the House Ways and Means Committee on Thursday, June 4.

The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) on Tuesday announced sanctions against four Iranian digital asset exchanges, including Nobitex, the largest cryptocurrency exchange in Iran.

WASHINGTON—President Donald Trump signed a pair of executive orders on Wednesday to bolster customs enforcement and bring more accountability to the federal workforce.

AI may well deliver the productivity boom its champions expect. The risk is that the economy has already begun borrowing against that future before the returns have been earned.

House Agriculture Committee Chairman Glenn Thompson (R-PA) is reportedly planning to roll out an expansion of the H-2A visa program, funneling more foreign workers into United States farm jobs. The move is likely to disincentivize farms from turning to robots and tech as a solution to labor challenges.

Working families paid for America’s addiction to Chinese supply chains. Now corporate America needs to address the issue, not circumvent it.

President Donald Trump said Tuesday that he envisions a potential 2028 Republican presidential ticket of Vice President JD Vance and Secretary of State Marco Rubio as “unbeatable.”

Samsung plans to relocate its U.S. headquarters to Plano, Texas, which will cost New Jersey roughly 1,000 jobs.

Remember watching Victoria’s Secret commit suicide a few years ago after it decided to go woke with transvestite models and chubby models and aging models and fat guys in the place of the astonishing beauties that appealed to Normal People and made Victoria’s Secret a household name?

New factory orders data released Wednesday confirm an extraordinary surge in American defense manufacturing, with orders for defense capital goods running 53 percent above last year’s pace through the first four months of 2026 as the military works to replenish

Immigrant entrepreneurs are stealing billions of dollars from American taxpayers, Rep. Brandon Gill (R-TX) said as he began a Tuesday hearing on welfare fraud for the House Committee on Oversight and Government Reform.

American consumers are still spending on big-ticket goods, according to April factory orders data released Wednesday by the Census Bureau, with orders for consumer durable goods running 8.5 percent above last year’s pace and motor vehicle demand surging. Consumer durable

A recent survey reveals that while Generation Z uses AI more frequently than any other age group, a significant portion now views the technology with increasing anger and frustration.

The CEO of global IT services firm Cognizant is pushing back against widespread predictions that AI will eliminate entry-level positions, announcing plans to hire over 20,000 college graduates in 2026. He also criticized the trend of focusing on AI usage, which he calls a vanity metric.

Elon Musk’s SpaceX is reportedly breaking with Wall Street convention by establishing a fixed IPO price of $135 per share before its investor roadshow, aiming to raise a record $75 billion on a valuation of $1.75 trillion. Financial services firm Morningstar believes Musk’s company is only worth about half that amount.

New factory orders data released Wednesday by the Census Bureau show the enormous scale of America’s AI infrastructure buildout, with manufacturing orders for computers, networking equipment, power generation, and cooling systems all surging at double-digit rates compared to a year ago.

Private sector payrolls expanded by more than expected in May.

The forecast that artificial intelligence will lead to mass unemployment took another hit this week as demand for workers rose sharply in April data.