The Department of Labor said initial jobless claims rose by 22,000 to a seasonally adjusted 264,000 last week.
Author: John Carney
Nearly Half of Americans Say We Should Not Raise the Debt Ceiling
Seventy-five percent of Republican voters say the debt limit should not be lifted.
Inflation Dips Below Five Percent for First Time in Nearly Two Years
Economists had forecast inflation to be up 5 percent from a year ago.
Breitbart Business Digest: Powell Wins the Fed Unpopularity Contest
Every unpopular Federal Reserve chairman is unpopular in his own way.
Worst Ever: Public Confidence In Fed Chairman Jerome Powell Sinks to Record Low
Worse than Bernanke and Yellen.
Small Business Optimism Falls to Lowest Level in a Decade
Inflation and labor market quality are the top concerns.
Breitbart Business Digest: Dancing on the Debt Ceiling
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.
Exclusive — Economist Steve Moore: Biden Is Making Americans Poorer With ‘Reckless’ Spending
The policies of the Biden administration caused the explosion of inflation that has left so many Americans with less spending power, Freedom Works senior economist Steve Moore told Breitbart News on Monday.
Sticker Shock: New Car Prices Up 19% During Joe ‘Car Guy’ Biden’s Presidency
Inflation in car prices accelerated to extreme levels during Joe Biden’s presidency.
Wholesale Inventories Revised Down, Showing Start of 2023 Was Worse Than Thought
The March rebound for wholesale inventories unexpected evaporated in the Commerce Department’s second estimate.