Federal Reserve

Inflation Accelerated More Than Expected in August, Prices Remain at Four-Decade High: Biden Economy

The Federal Reserve's inflation gauge exceeded its expected limit last month, keeping prices at a four-decade high.

Democrats Release Legislation to Ban Stock Trading by Members of Congress, SCOTUS

House Democrats have released their long-awaited proposal to ban stock trading by members of Congress, senior government officials, and U.S. Supreme Court justices, with the measure seeking to cut conflicts of interest, increase transparency around enforcement, and make penalties for noncompliance more painful.

Home Prices Cooled Down at Fastest Pace in ‘History of the Index’

U.S. home prices decelerated at a record pace in July, despite remaining elevated compared to a year back, according to S&P Dow Jones Indices.

Recession Watch: ‘Very Concerning’ Sign Of Serious Economic Slowdown Emerges As Stock Market Collapses

Topline A growing rash of economists are warning the odds of a recession have increased amid a historic inversion of the yield curve—a telltale sign...

Breitbart Business Digest: Leftwing Climate Extremism Still Wants Control of Finance

The danger of the idea that financial institutions should impose the climate change agenda of the global left was highlighted this week by three events.

Americans Have Lost $4.2K in Income Under Biden

The average American has lost $4,200 in annual income since President Biden took office — entirely wiping out gains made under the Trump administration, an analysis from the Heritage Foundation shows.

Jamie Dimon Says Stopping Oil and Gas Funding Would Be ‘Road to Hell for America’

J.P. Morgan Chase chief Jamie Dimon on Wednesday rejected in the strongest terms the idea that the country’s largest banks should stop funding new oil and gas production and exploration.

Home Sales Drop Nearly 20% Year-Over-Year as High Interest Rates Continue to Dampen Buying

U.S. home sales plummeted year-over-year last month, declining as well on a monthly basis in an ongoing indication of the cooling housing market amid rising interest rates.

What the Fed’s Jumbo Rate Hike Means for Your Budget

The Federal Reserve raised interest rates by 75 basis points during its September Federal Open Market Committee (FOMC) policy meeting.

Biden’s Executive Orders to Date Have Cost Taxpayers Over $1 Trillion

President Joe Biden has issued 99 executive orders since taking office in 2021.

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