Breitbart Business Digest: Only 38% of Biden Voters Say We’re in A Recession, Versus 82% of Trump Voters
A solid majority of Americans think we are in a recession, but that consensus conceals some deep divides divide on the economy.
Today's Conservative News
John Carney
Breitbart Business Digest: Canceling Student Debt Will Not Raise Inflation, Say the People Who Told You Inflation Would Be Transitory
The debate over the Biden administration’s student loan scheme has somehow become even stupider as the week has worn on.
Breitbart Business Digest: Can Powell Convince the Market He Isn’t Scared of Bears?
In his Jackson Hole speech, Fed Chair Jerome Powell needs to show the market that he is carrying bear spray—or something stronger—and is not afraid of the bears.
Breitbart Business Digest: Biden Pours Student Debt Gasoline on Inflation Fire
It’s hard to imagine a worse time for the U.S. government to decide to launch a massive student loan forgiveness program than right now.
Breitbart Business Digest: Joe Manchin’s Wimpy Inflation Bill
Like the famous cartoon character Wimpy who promises to pay on Tuesday for a hamburger today, Sen. Joe Manchin’s inflation bill promises to pay for all its extra spending today with savings sometime in the future.
Breitbart Business Digest: The Inflation Reduction Act Is a Brazen Lie
Here’s how much the Inflation Reduction Act will reduce inflation by: zero.
Exclusive: ‘Inflation Reduction’ Bill Includes Massive Expansion of Tribal Energy Loan Guarantees
The provision would put taxpayers on the hook for massive energy loans to Indian tribes.
Breitbart Business Digest: Biden’s Incredible Shrinking Economy
Gross domestic product shrank again last quarter, confirming the widespread impression that the economy is lousy.
Breitbart Business Digest: How High Will Jerome Powell’s Fed Go?
There’s no doubt that the Federal Reserve is going to raise its interest rate target at the end of tomorrow’s meeting of the Federal Open Market Committee. What we do not know is how much they will raise.
Breitbart Business Digest: How Breitbart Got Inflation Right When the ‘Experts’ Got It Wrong
G.K. Chesterton once said that he owed his success to having listened respectfully to the very best advice, and then doing the exact opposite.
Breitbart Business Digest: Crude Crashes and Inflation Smashes
Oil prices plunged on Tuesday ahead of President Joe Biden’s first trip to the Kingdom of Saudi Arabia.
Breitbart Business Digest: Biden’s Economy Sees Worst First Half for Stocks Since 1872
Due to inflation, 2022 is turning out to be the worst year for the S&P 500 since 1872, according to the chief investment strategist at Bank of America Securities.
Breitbart Business Digest: Americans Turn Even Gloomier About Biden’s Economy
The Federal Reserve Bank of New York’s monthly survey of U.S. households indicates a dramatic turn for the worse in both current conditions and expectations for the year ahead.
Breitbart Business Digest: Even More Stag, Extra Flation
Inflation does not look like the result of “Putin’s price hike” or even supply-chain disruptions. It is being driven by consumer demand pumped up by a legacy of stimulus–monetary and fiscal–and fueled by a red hot labor market.
Breitbart Business Digest: Janet Yellen’s Apology Tour
The White House launched a campaign this week to shift the public’s perception away from the idea that inflation is the result of the Biden administration’s policies.
Breitbart Business Digest: Walmart and Target Ring the Death Knell of Greedflation
The theory of greedflation was tossed into the dustbin of history by the quarterly reports of Walmart and Target.
Breitbart Business Digest: Joe Biden’s Stagflation Party
The experts have been telling us for months that the economy was doing extraordinarily well once you look past the little problem of inflation. The American people weren’t buying it. And today’s Bureau of Economic Analysis revealed that the people were right.
Breitbart Business Digest: Is Twitter Musk’s Loki?
Norse mythology has a colorful warning about the danger of distraction derailing an important project. This story was brought to mind by the dramatic sell-off on Tuesday of shares of Tesla.
Breitbart Business Daily: The Rumble and the Ruble—How the West’s Sanctions on Russia Strengthen the Ruble and Threaten Globalization
We are witnessing the potential destruction of globalization and the fragmentation of the global economy into competitive but somewhat isolated trading groups.
Breitbart Business Digest: The Yield Curve Inverted!
A key market gauge of the risk of future recessions flashed a warning signal on Thursday afternoon.
Breitbart Business Digest: Democrats Wants to Probe the Mystery of High Gas Prices
While Democrats are accusing oil companies of price gouging, climate activists are demanding that banks stop financing fossil fuel development.
Breitbart Business Digest: Why Putin Might Cut Off Europe’s Gas
With Russia cut out of most of the things it could buy with euros, it may well decide to stop selling Europe natural gas.
Breitbart Business Digest: Fill ’Er Up—if You Can Afford It
Rising gasoline prices are also driving up expectations for broader inflation.
U.S. Crude Soars Above $130 a Barrel
Oil prices surged higher on fears of sanctions against Russian energy.
Breitbart Business Digest: Canceling Russia’s Access to Wrestling, Video Games, and Harvard Law Students
The application of the techniques of cancel culture to the entire country of Russia continued on Thursday.
Carney: Russia Got Canceled and China Got the Benefit
This week saw the introduction of a new phenomenon in international relations: canceling an entire country. But the global effort to cancel Russia is a big boon to the communists who still rule China.
68% Say Economy Is Getting Worse as Confidence Collapse Continues
BIden’s economy has lost the confidence of independent voters, 72 percent of whom say economic conditions are getting worse.
Carney: Teen Vogue Wants the Fed to Be ‘A Force for Justice’
Teen Vogue asks: “What Is the Federal Reserve and Why Does It Matter?” It gets both answers wrong.
Carney: 20 Years Ago Whitney Houston Reminded Us of the Power of the Flag, the Anthem, and America
One week after the September 11th attacks, the air in New York City was still poisoned, the sickening smell of the still-burning ruins of the World Trade Center drifting up through Manhattan’s streets and cursing us with coughs and cancers.
Carney: Fear of the Delta Variant Threatens to Stop Schools from Opening
Federal Reserve officials expect the labor market to see an influx of women workers when schools reopen in the fall. That’s looking a lot more doubtful now.
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