College Degrees Are No Longer Opening Doors for First-Time Job Seekers
College degrees are not offering first-time job seekers the same opportunities they once did, according to new data.
Jerome Powell - Page 2
A Divided Fed Wrestles With Uncertainty Over Labor Market and Inflation
Federal Reserve officials are sharply divided over how aggressively to cut interest rates, with some warning that the central bank risks falling dangerously behind in addressing a deteriorating labor market while others remain focused on stubborn inflation that has persisted well above target for more than four years.
Breitbart Business Digest: Lies, Damned Lies, and Jobs Statistics
Welcome to the inaugural Friday Wrap, our weekly survey of the economy, Wall Street, Silicon Valley, and the bureaucrats who pretend they can read the future by staring at spreadsheets.
Breitbart Business Digest: The End of the Vibecession Myth and Biden’s Vanishing Jobs Boom
For two years in a row, the cheerleaders of Bidenomics assured us that any discontent was in our heads—a trick of bad vibes and social media. It turns out the voters were right, and the official statistics were wrong.
White House: Jobs Revisions Show Biden, Powell, and Labor Bureau Failures
The White House underscored that the Bureau of Labor Statistics’ (BLS) downward revisions of 911,000 jobs from April 2024 to March 2025 show the failures of the Biden administration, Federal Reserve Chair Jerome Powell, and the BLS itself.
Lisa Cook Once Said ‘Lack of Diversity’ Root of Financial Crisis, Great Recession
Lisa Cook, whom President Donald Trump has sought to fire from her position as Federal Reserve governor over allegations of mortgage fraud, once said that economists could have caught the 2008 financial crisis earlier if they had paid attention to “mortgages that were pitched to African-Americans.”
Breitbart Business Digest: How the Fed Destroyed Its Own Independence
This week saw a series of unprecedented events that may signal the end of the form of central bank independence as we have known it for more than a century.
Tarifflation Narrative Fail: Goods Prices Fall, Inflation Muted, Even as U.S. Collects Record Tariff Revenue
Inflation held steady in July, with the Federal Reserve’s preferred price gauge showing a slight deceleration in cost pressures and defying predictions from Fed Chairman Jerome Powell that tariffs would push up consumer prices.
Powell Relents: Fed Chair Opens Door To September Rate Cut
Fed chairman Jerome Powell signaled on Friday that the central bank could be ready to cut interest rates as soon as next month.
Breitbart Business Digest: The Fed’s Inflation Mirage Meets the PMI Reality
America’s factories are humming, demand is solid, and prices are rising alongside precautionary inventories. The Fed’s theory inflation “lag theory” doesn’t explain this.
Breitbart Business Digest: The Fed’s Family Feud Comes to the Tetons
By the time Federal Reserve Chairman Jerome Powell climbs the stage at Jackson Hole this Friday, the familiar choreography will be missing one element: consensus.
Lisa Cook’s Mortgage Woes Could Open A New Fed Seat for Trump to Fill
President Donald Trump could potentially gain a new ally on the Federal Reserve if allegations of potential mortgage fraud force Federal Reserve Governor Lisa Cook to resign. Trump on Wednesday urged Federal Reserve Governor Lisa Cook to resign after Federal
Trump Considers Lawsuit over ‘Loser’ Jerome Powell’s Management of Federal Building Construction Projects
President Donald Trump on Tuesday took several shots at Federal Reserve Chair Jerome Powell, calling him a “loser.”
‘Tariffs Have Not Caused Inflation’: Trump Rages Against Fed Chair Jerome Powell’s Reluctance to Lower Rates
President Donald Trump has decried the “incalculable” damage Federal Reserve Chairman Jerome Powell has done by not lowering interest rates after inflation rose less than expected from a Tuesday report.
A Crisis Echoes at the Fed as Powell Refuses To Say He Will Step Down Next Year
The central bank’s future may hinge on a forgotten legal quirk—and a historical echo from 1948.
Breitbart Business Digest: Trump Vindicated by Jobs Slump; Powell Humiliated
The July jobs report was a disaster for the American worker, the U.S. economy, the Federal Reserve, and Jerome Powell.
TOO LITTLE, TOO LATE: The U.S. Economy Added 73,000 Jobs In July, Far Lower Than Expected
The labor market appears to be far weaker than previously thought, with huge downward revisions to May and June, losses in manufacturing, and a rising unemployment rate.
Federal Reserve Consensus Cracks as Two Board Members Vote Against Keeping Interest Rates Unchanged
The Federal Reserve voted Wednesday to keep interest rates unchanged, a decision which elicited two dissenting votes from the central bank’s board of governors for the first time in more than 30 years.
Exclusive — Scott Bessent at Breitbart Policy Event: Fed Suffering from ‘Tariff Derangement Syndrome’
Treasury Secretary Scott Bessent said during a Breitbart policy event on Wednesday that the Federal Reserve is suffering not from “Trump Derangement Syndrome,” but from “Tariff Derangement Syndrome.”
Breitbart Business Digest: The Fed’s Make-It-Up-as-You-Go Tariff Inflation Theory
The Federal Reserve’s latest FOMC minutes offer a peek into the mind of an institution trying to explain why its insistence that tariffs would trigger inflation keeps misfiring.
Trump Thinks Powell Will Soon Recommend Dropping Interest Rates After Fed Meeting
President Donald Trump said Friday that he expects Federal Reserve Chairman Jerome Powell to soon start lowering interest rates after their meeting at the Fed on Thursday.
Trump Goes to Powell’s Turf, Criticizes Fed
WASHINGTON–President Donald Trump, who has been critical of cost overruns on renovations at the Federal Reserve, toured the ongoing construction there on Thursday, alongside Chairman Jerome Powell.
Watch Live: Donald Trump Visits the Federal Reserve
President Donald Trump pays a visit to the Federal Reserve headquarters in Washington, DC, on Thursday, July 24.
Powell’s Plunge: New Home Sales Down 6.6% From A Year Ago
Sales of newly built single-family homes in the United States rose slightly in June but remained well below expectations, as elevated mortgage rates and affordability concerns continued to weigh on demand. The U.S. Census Bureau and the Department of Housing
Rand Paul Leads Renewed Push to Audit the Fed as Rick Scott Slams $2.5B HQ Spending Spree
Senator Rand Paul has reintroduced the “Audit the Fed” bill, with Senator Rick Scott and other Republicans joining the effort to expose the Federal Reserve’s ethics scandals, lack of transparency, and $2.5 billion luxury headquarters renovation.
Exclusive — Sen. Bernie Moreno: Biggest Hurdle in the Senate Is Republicans ‘Getting a Backbone’
TAMPA, Florida – The biggest hurdle in the Senate is Republicans “getting a backbone,” freshman Sen. Bernie Moreno (R-OH) said during an interview at the Turning Point Student Action Summit over the weekend.
Warren: Trump ‘Will Bring Down U.S. Financial Markets’ if He Ousts Powell
Senator Elizabeth Warren (D-MA) said Wednesday on CNN’s “The Source” that President Donald Trump would “bring down the U.S. financial markets” if he fired Federal Reserve Chair Jerome Powell.
Klobuchar on Costly Fed Building Renovation: Trump’s Mismanaged Economy
On Tuesday’s broadcast of CNN’s “OutFront,” Sen. Amy Klobuchar (D-MN) reacted to criticism from the White House over the cost of renovations to the Federal Reserve’s building by saying that you can’t fire Federal Reserve Chairman Jerome Powell over that and
Trump Declares U.S. Is Officially ‘Back’, Calls for Lower Interest Rates
President Donald Trump declared Thursday that the United States is officially “back” and called on the Federal Reserve to lower interest rates.
Jim Jordan to ‘Look’ at Trump Admin Call for Fed Chair Jerome Powell Investigation for ‘Political Bias’
House Judiciary Committee Chairman Jim Jordan (R-OH) on Wednesday said he would look into Trump administration calls to investigate Federal Reserve Chairman Jerome Powell for “political bias” and “deceptive” testimony.
Exclusive – Sen. Tommy Tuberville: Fed Chair Jerome Powell ‘Should Be Gone’
“I don’t even know why we have the Fed,” Sen. Tommy Tuberville (R-AL) said during an appearance on Breitbart News Daily, laying out the issues with the Federal Reserve and noting that Federal Reserve Chair Jerome Powell “should be gone.”
‘Should Resign’, ‘Costing Govt $400 Billion a Year’: Sen. Moreno Grills Fed Chair Powell for Dodging Role in Inflation While Attacking Trump Tariffs
Sen. Bernie Moreno (R-OH) tore into Federal Reserve Chair Jerome Powell during a tense Senate hearing accusing him of staying silent on Democrat-driven inflation while opposing President Trump’s trade policies and costing the U.S. government $400 billion a year.
Fed Moves to End ‘Reputational Risk’ Policies ‘Weaponized’ by Left to Debank
Federal Reserve Chairman Jerome Powell on Tuesday during a congressional hearing said the nation’s central bank felt compelled to address policies around “reputational risk,” noting that “debanking” is a “serious problem.”
Watch: Jerome Powell Testifies in Senate
Federal Reserve Chairman Jerome Powell testifies before the Senate Banking, Housing, and Urban Affairs Committee on Wednesday, June 25.
Federal Reserve Chief: We Don’t Need Migration to Grow the Economy
The U.S. can continue to grow the national economy via greater productivity among American workers, even when migration is cut back, Federal Reserve Chairman Jerome Powell told a House hearing on Tuesday.
Powell Pushes Back On Trump, Says Tariff Uncertainty Justifies Holding Rates Steady
Fed chair tells lawmakers inflation could rise again due to Trump’s tariffs, keeping rate cuts on hold for now.
Breitbart Business Digest: How Trump Can Break the Fed’s Groupthink Problem
President Trump has a rare opportunity to break the cycle of the Fed’s bureaucratic groupthink. Here are three decisive moves he can make.
Trump Slams Powell Over Rates: ‘Too Late’ Fed Chair Costing U.S. Billions
“TOO LATE’s an American Disgrace!” Trump wrote.
Breitbart Business Digest: The Fed Goes to War on Tariffs
The Federal Reserve announced definitively on Wednesday that President Trump’s tariff policies are forcing a more aggressive stance on inflation.
Trump Slams Powell Again, Calls for Aggressive Rate Cuts and Short-Term Debt Strategy
The President joked that maybe he should appoint himself to the Fed.
