Breitbart Business Digest

You could not wish for a better illustration of how hard it is to read the economic signals these days than the dueling services sector purchasing managers indexes released on Monday.

The bones of the U.S. economy are looking good as we hurtle toward the warming months.

The labor market is still refusing to cooperate with the narrative that the economy is softening.

The deal to suspend the limit on federal government debt until 2025 removes one of the obstacles to another Federal Reserve rate increase.

Did the economy grow or shrink in the first three months of the year?

Someone forgot to tell the mall rats that the economy is supposed to be in a recession any day now.

The most heralded recession in U.S. history still is not showing up.

Federal Reserve Chairman Jerome Powell still appears to support a pause at the next meeting—and expects the Fed will hold rates near current levels rather than cut later this year.

Long-term underlying inflationary pressures are pushing us toward a prolonged period of higher inflation or higher interest rates.

One sign of a very tight labor market is that very few workers are relocating to take up new positions.

How can we break this to you? The economy is not in a recession. 

Federal Reserve officials are working overtime to jawbone the market away from the conviction that the Fed will cut rates several times this year.

The Federal Reserve fired a shot across the bow of market complacency on interest rates.

The yield curve on very short-term debt issued by the U.S. government is deeply inverted. Could this signal concerns about the debt ceiling?

The April inflation report will keep the Federal Reserve on track to pause rate hikes at its meeting next month.

Every unpopular Federal Reserve chairman is unpopular in his own way.

The president and his cabinet members have acted as if reaching a legislative compromise to the debt limit would be a violation of their principles, the Constitution, and perhaps even the divine order.

The payrolls numbers on Friday add evidence to our thesis that the economy reaccelerated in April after slowing in the prior two months.

The fact that the market reacted to Fed Chair Jerome Powell’s assurances about the health of the banking sector with a rout in bank stocks raises serious questions about Powell’s credibility.

Treasury Secretary Janet Yellen said this week that she expects the U.S. government could run out of cash as early as June 1 if the debt limit is not lifted.

Everyone has a job and no one is happy.

The economy is not losing steam at the rate many economists expected. To the contrary, we appear to be accelerating.

The bottom line for next week’s meeting of the Federal Open Market Committee is another 25 basis point hike.

There was nothing in the Commerce Department’s report on first-quarter gross domestic product that should give the Federal Reserve a reason to hold back on raising interest rates.

April Is the Most Beautiful Month Almost everyone misunderstands why the narrator of T.S. Eliot’s “The Waste Land” supposed that April was the cruelest month. The narrator begins the poem as a depressive, deep in mourning for the collapse of

The housing recession is over—for now.

French luxury giant LVMH Moët Hennessy Louis Vuitton just became the first European company with a market value exceeding $500 billion.

It looks like we are going to have to wait a bit before we see the most-anticipated recession in living memory.

One of the key gauges of the U.S. business cycle is once again ringing the alarm about an upcoming recession.

The debate over the debt ceiling is heating up again thanks to House Speaker Kevin McCarthy’s speech this week at the New York Stock Exchange.

Public approval of the Biden administration’s economic policies remains extremely low, and approval of the Big Guy himself keeps falling.

The today’s economic data is hard to square with the idea that the economy is on the brink of a recession.

The bank panic now appears to have been transitory.

Now we know why Federal Reserve officials at the March meeting yanked down their expectations for economic growth for this year and next: the economics staff of the central bank warned that a recession is on the way.

Inflation eased to the slowest pace in two years, but signals of underlying price pressures continue to indicate only minimal progress in restoring price stability.

The International Monetary Fund said on Tuesday that it expects bank lending to contract in the U.S. this year, slowing economic growth.