In an act of political expediency veiled as economic policy, the Biden administration this week announced its support for national rent control.
The post Breitbart Business Digest: The Political Calculus Behind Biden’s Awful Rent Control Scheme a…
Author: John Carney
Jobless Claims Jump to 243,000, Continuing Claims Rise to Highest Since 2021
The labor market has cooled in recent months.
The post Jobless Claims Jump to 243,000, Continuing Claims Rise to Highest Since 2021 appeared first on Breitbart.
Breitbart Business Digest: Biden’s Cynical and Dangerous Rent Control Scheme
President Joe Biden on Tuesday unveiled a national rent control scheme capping annual rent increases at $55.
The post Breitbart Business Digest: Biden’s Cynical and Dangerous Rent Control Scheme appeared first on Breitbart.
Breitbart Business Digest: Biden’s Cynical and Dangerous Rent Control Scheme
President Joe Biden on Tuesday unveiled a national rent control scheme capping annual rent increases at $55.
The post Breitbart Business Digest: Biden’s Cynical and Dangerous Rent Control Scheme appeared first on Breitbart.
Breitbart Business Digest: Wall Street Is 100% Convinced the Fed Will Cut in September—and It’s Wrong
The federal funds futures market now implies a near certainty—a 98 percent chance—that the Fed cuts at its September meeting and then over a 90 percent chance that it cuts again in either November or December.
The post Breitbart Business Digest: Wall S…
Dow Surges More Than 700 Points Following First Day of GOP Convention
The Dow Jones Industrial Average soared to new record highs on Tuesday after Donald Trump appeared at the Republican National Convention on Monday night. The Dow rose by 730 points, or 1.8 percent, its best day since June of last
The post Dow Surges Mo…
Breitbart Business Digest: No Rate Cut in July—It’s Too Soon
There was a brief explosion of interest on Monday morning in the idea that the Federal Reserve might cut interest rates at its July meeting. Fed Chairman Jerome Powell effectively shot down the idea on Monday afternoon.
The post Breitbart Business Dige…
Dow Hits New Record High, Stocks Surge After Trump Survives Assassination Attempt
The Dow hit a record high on Monday morning while the other major indexes rose close to previous highs.
The post Dow Hits New Record High, Stocks Surge After Trump Survives Assassination Attempt appeared first on Breitbart.
Breitbart Business Digest: Inflation’s Surge Dims Biden Election Hopes
An inflation election highly favors Republicans.
The post Breitbart Business Digest: Inflation’s Surge Dims Biden Election Hopes appeared first on Breitbart.
Consumer Sentiment Unexpectedly Sinks To 8 Month Low
Inflation is still a big weight on consumer views about economy.
The post Consumer Sentiment Unexpectedly Sinks To 8 Month Low appeared first on Breitbart.