Economy

Boeing has sent about 17,000 layoff notices to employees who are expected to be cut by mid-January, company officials said.

Republicans and independents moved to expect lower inflation while the majority of Democrats expect higher inflation.

Amazon is preparing to launch its latest AI chip, Trainium 2, as it looks to boost returns on its multibillion-dollar investments in semiconductors and decrease reliance on market leader Nvidia.

The producer price index indicates that inflation is not yet ready to go gently into the night.

Federal agents seized the phone and electronic devices of Polymarket CEO Shayne Coplan in an early morning raid on his Manhattan apartment, just a week after the crypto betting platform correctly predicted Donald Trump’s stunning 2024 presidential election win.

The Fed is in a rate cut cycle as Trump is coming to the White House—just as he would prefer.

Donald Trump’s deputies say they will dramatically expand the detention space needed for the bureaucratic process of flying illegal migrants back to their foreign homes, according to NBC News.

The National Institute of Statistics and Census of Argentina (INDEC) revealed on Tuesday that it had documented an inflation rate of 2.7 percent in the country for October.

DNA testing company 23andMe is laying off 40 percent of its staff and implementing a major restructuring plan in a bid to avoid bankruptcy and ensure long-term viability. This is just the latest misfortune for a company once considered a darling of the Silicon Valley economy. 

Rep. French Hill (R-AR), the vice chairman of the House Financial Services Committee, on. Wednesday called on financial regulators to halt their “politicized regulatory agenda” given Donald Trump’s “historic win.”

The Labor Department said prices were up 2.6 percent in October compared with 12 months earlier.

On Tuesday’s broadcast of “CNN News Central,” Rep. John Garamendi (D-CA) predicted that there will be pushback from Democratic governors, including California Gov. Gavin Newsom (D) against the Trump administration on energy and stated that California is “way, way out

On Tuesday’s broadcast of CNBC’s “Squawk Box,” Sen. Joe Manchin (I-WV) stated that Democrats decided workers in West Virginia were “not good enough, we’re not green enough, we’re not smart enough,” and Democrats used to focus on “having a good

Donald Trump and the Republicans have a mandate for new economic policy.

The office of the U.S. Special Inspector General for Afghanistan Reconstruction (SIGAR), a federal watchdog agency, revealed in its regular report that China has held more than 200 meetings with Taliban terrorists since their return to power, Afghanistan’s Tolo News reported this weekend.

Officials in New York City have quietly told hundreds of migrants that the city will stop funding hotels in upstate Albany in December.

One of the leading contenders to be Donald Trump’s Treasury Secretary cut his teeth in the belly of the beast: George Soros’s hedge fund.

Four young friends tragically lost their lives when they were trapped inside a burning Tesla Model Y in Canada. Now, additional details of the crash are emerging, including that the car’s electronic door handles were disabled when the electric vehicle lost power.

President Donald Trump has picked South Dakota Gov. Kristi Noem to run the vast Department of Homeland Security, according to multiple reports.

Billionaire investor Paulson cited his complex financial obligations as standing in the way of playing an official role in the Trump administration.

Shailesh Prakash, a key Google executive in charge of the company’s News efforts and central to the tech giant’s relationships with publishers, has resigned after two years in the role.

Google has been accused by multiple federal judges of engaging in tactics to conceal and destroy internal communications that could be used against the company in ongoing antitrust lawsuits. One judge called Google’s suppression of evidence “the most serious and disturbing” he had seen in his career as a judge.

A Connecticut bureaucrat is being accused of running an immigrant marriage scam to push Joe Biden’s migrants into legal status before President-elect Donald Trump takes office.

Worldwide oil prices dropped roughly two percent on Monday after a comparable fall on Friday, driven by investor disappointment with the Chinese government’s weak economic stimulus plan.

Donald Trump is not going to try to remove Jerome Powell as the head of the Federal Reserve or control monetary policy from the White House.

Donald Trump has chosen immigration expert Stephen Miller as his deputy chief of staff, a source close to the president-elect confirmed to Breitbart News.

Indian Foreign Minister Subrahmanyam Jaishankar said on Sunday that India is not “nervous” about Donald Trump’s return to the White House.

In stark contrast to the huge meltdown that followed Donald Trump’s first presidential win in 2016, the tech industry’s reaction to his 2024 victory has been notably subdued.

The Fed has tilted far to the left of American politics in the age of Trump.

Michael Barr has accused Trump of damaging the banking system. Does it make sense for him to stay on as the Fed’s top bank regulator in a new Trump administration?

Breitbart News economics editor John Carney said Friday on Fox Business Network’s “Kudlow” that President-elect Donald Trump will have the power to remove Federal Reserve Chairman Jay Powell once in office.

Mark Zuckerberg’s Meta is implementing AI technology to identify underage Instagram users who misrepresent their age, automatically transitioning them to more protective account settings as part of its enhanced youth safety initiative.

Los Angeles County voters have chosen to pass Measure A, which will raise sales taxes by a quarter of a percent to fund homeless services.

President Joe Biden’s border deputies will have admitted roughly nine million inadmissible migrants at the southern border by President Trump’s Inauguration Day, according to data quietly released just before the November 5 election.