Unemployment

75 Percent of ‘Poorly Targeted’ $800 Billion PPP Money Sent to Unintended Recipients: Study

A multi-billion-dollar pandemic-era stimulus program meant chiefly to help small businesses keep staff on the payroll and hire back laid off employees was poorly...

DeSantis Effect: At $21.8 Billion, Florida Records Highest Surplus in State History

The state of Florida saw a surplus of $21.8 billion for the 2022 fiscal year, the highest in state history and more than 21% higher than the state's spending plan, Gov. Ron DeSantis said Thursday.

Americans Become Deeply Pessimistic About Economy as Consumer Confidence Hits Record Low

American consumers have never been this pessimistic about the economy, with the University of Michigan consumer confidence index plunging to a record low, as soaring inflation erodes household purchasing power and threatens a cost-of-living crisis.

Biden Adviser Sperling on Recession Fears: ‘Too Many People’ ‘Not Realizing’ How Successful Our Policies Were

On Friday’s broadcast of MSNBC’s “Chris Jansing Reports,” Senior Adviser to President Joe Biden Gene Sperling responded to a survey showing that a majority...

US Stocks Sink to Lowest in a Year

US stocks plummeted on Thursday, with the Dow Jones Industrial Average falling 700 points below 30,000 for the first time in more than a year.

Fed Hikes Rates by the Most in 28 Years, Signals Volcker-Era Is Back

The Fed hiked rates by a stunning (but expected) 75bps - the biggest hike since 1994. Esther George dissented (preferring 50bps).

Respect the Fed? No, End the Fed

President Joe Biden has unveiled a three-part plan to fight inflation — or at least make people think he is fighting inflation. One part...

Breitbart Business Digest: Retail Is Rolling Over Because of Bidenflation

The cracks that have started to emerge in the post-pandemic recovery grew a bit more visible in the May jobs report.

Double-Digit Inflation

Inflation is plaguing American households amid the recovery from COVID-19 and the lockdown-induced recession. On Memorial Day — more than two years after the onset of COVID-19 — rising price levels are still making Americans’ wallets much lighter.

Viktor Orbán’s 12 Rules to Win Back the West

Coming off a fresh landslide victory in Hungary’s April elections, Hungarian Prime Minister Viktor Orbán and his Fidesz party have drawn conservatives from across the world to the Conservative Political Action Conference (CPAC) in Budapest, with many of them looking to Hungary for answers to the challenges facing Western civilization and an increasingly dominant left.

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