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Home Category News Business Economy

Economy

Breitbart Business Digest: Tariffs Aren’t Driving Up Prices; They’re Driving Down Foreign Suppliers

Breitbart Business Digest: Tariffs Aren’t Driving Up Prices; They’re Driving Down Foreign Suppliers

by Breitbart
June 12, 2025

Tariffs Are Not Squeezing American Consumers or Businesses If tariffs were inflationary, this week’s economic data would be flashing red. Instead, they’re flashing something else entirely: discipline, resilience, and bargaining...

Exclusive: Treasury Secretary Bessent Is Not Looking To Succeed Fed’s Powell

Exclusive: Treasury Secretary Bessent Is Not Looking To Succeed Fed’s Powell

by Breitbart
June 12, 2025

As speculation builds over who might eventually succeed Jerome H. Powell as chair of the Federal Reserve, Treasury Secretary Scott Bessent says he is not seeking the role and remains...

Air India crash refuels Boeing and airline’s problems

Air India crash refuels Boeing and airline’s problems

by Al Jazeera
June 12, 2025

The fatal crash of a 787 Dreamliner that was being operated by Air India from Ahmedabad in northwestern India to London Gatwick Airport has once again fueled scrutiny of both...

Tariff Derangement Syndrome Crushed: Producer Price Inflation Comes In Weaker Than Expected

Tariff Derangement Syndrome Crushed: Producer Price Inflation Comes In Weaker Than Expected

by Breitbart
June 12, 2025

The prices of goods and services charged by U.S. businesses rose by less than expected in May, adding to the evidence that President Trump’s tariffs are not putting upward pressure...

US producer prices rise modest 2.6% in May with inflationary pressures still mild

US producer prices rise modest 2.6% in May with inflationary pressures still mild

by Associated Press
June 12, 2025

WASHINGTON (AP) — U.S. wholesale prices rose modestly last month from a year earlier, another sign that remain mild. The Labor Department reported Thursday that its producer price index —...

Hiltzik: Forget tariffs — GOP proposals on student loans will crack the economy

Hiltzik: Forget tariffs — GOP proposals on student loans will crack the economy

by Los Angeles Times
June 12, 2025

While economists and the general public are preoccupied with the threat to U.S. economic growth stemming from Donald Trump’s tariff policies, serious as that is, they may be overlooking another...

Why China’s rare earth exports are a key issue in trade tensions with US

Why China’s rare earth exports are a key issue in trade tensions with US

by Al Jazeera
June 12, 2025

China’s export of rare earth elements is central to the trade deal struck this week with the United States. Beijing has a virtual monopoly on the supply of the critical...

Trump launches website for $5m ‘gold card’ granting US residency

Trump launches website for $5m ‘gold card’ granting US residency

by Al Jazeera
June 12, 2025

United States President Donald Trump has said his administration is accepting applications for his so-called “Trump Card”, which promises applicants permanent residency for $5m. Trump made the announcement on Wednesday...

A ‘shadow’ Fed chair could be coming. Who it could be and how markets might react.

A ‘shadow’ Fed chair could be coming. Who it could be and how markets might react.

by NBC News
June 11, 2025

Under normal circumstances, moderating inflation and a weakening labor market would make an easy case for interest rate cuts. But these aren’t normal times, and a scattering of headwinds on...

What do we know about the US-China trade deal?

What do we know about the US-China trade deal?

by Al Jazeera
June 11, 2025

The White House has said a trade deal with China is done and is awaiting the signatures of United States President Donald Trump and his Chinese counterpart, Xi Jinping. The...

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U.S. Says It Was Not Involved in Israeli Strikes on Iran
News

U.S. Says It Was Not Involved in Israeli Strikes on Iran

June 12, 2025
Inside the Jury Room at the Weinstein Trial, Rancor and Recrimination
News

Inside the Jury Room at the Weinstein Trial, Rancor and Recrimination

June 12, 2025
‘Shut Up!’: House Hearing Erupts Into Chaos After Dem Rep Calls Out ICE Barbie
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‘Shut Up!’: House Hearing Erupts Into Chaos After Dem Rep Calls Out ICE Barbie

June 12, 2025
Israel says it unleashed dozens of warplanes in a bold move to shatter Iran’s nuclear program
News

Israel says it unleashed dozens of warplanes in a bold move to shatter Iran’s nuclear program

June 12, 2025
Meta is turning to AI models from rivals like Anthropic to help its engineers code better
News

Meta is turning to AI models from rivals like Anthropic to help its engineers code better

June 12, 2025

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