Economy

Starbucks founder Howard Schultz says he and his wife are leaving their home in the blue city of Seattle, Washington, and are relocating to Florida. The announcement came after the Washington state House passed a millionaires tax, as well as the coffee giant opening a new corporate office in Nashville, Tennessee.

Bank of England to end printing images of great Britons on its paper money, as pictures of wildlife are “not divisive”. 

The 32 member countries of the International Energy Agency unanimously agreed Wednesday to release 400 million barrels of oil from their emergency reserves, the largest coordinated stock release in the agency’s 52-year history.

On Tuesday, the Democrat-run State of Washington passed a massive wealth tax. Hours later, former Starbucks CEO Howard Schultz announced his move to Republican-run Florida.

China’s draft “five-year plan” for the upcoming period includes the objective of expanding road infrastructure in occupied East Turkistan and Tibet, the South China Morning Post observed on Tuesday, to “better project power” there.

Consumer prices continued to rise at a moderate rate in February.

Adam Smith, often considered the patron saint of free markets, argued that a 50% tariff would improve domestic production and make British goods more competitive on international markets.

On Tuesday’s broadcast of the Fox Business Network’s “The Bottom Line,” former Trump Economic Adviser Stephen Moore said he would favor “a temporary, maybe four-week reduction in the gas tax. There are other things, by the way, that could be done.

Federal deportation policy is undergoing a “course correction” amid pushback from swing-voting Latinos, according to House Speaker Mike Johnson.

Federal Communications Commission (FCC) Chairman Brendan Carr says he is looking to crack down on overseas call centers that have become a hassle for American consumers and may be contributing to a broader number of financial scams against vulnerable Americans.

Two hundred and fifty years after the publication of The Wealth of Nations, the public figure who most embodies Adam Smith’s ideals is Donald Trump.

Federal Communications Commission Chairman Brendan Carr discussed fraud in the federal Lifeline subsidy program during a Breitbart News policy discussion Tuesday, citing a report from the FCC’s inspector general that found more than 94,000 dead people signed up for benefits in California.

The Chinese Ministry of Transportation on Tuesday summoned representatives of shipping giants Maersk and Mediterranean Shipping Company (MSC) to discuss how “international shipping operations” have been disrupted by the Iran war and the Panama Canal legal dispute.

Nvidia CEO Jensen Huang published a comprehensive essay on Tuesday arguing that AI represents an industrial transformation comparable to electrification that will generate millions of well-paying jobs rather than eliminate employment opportunities. Code Red author Wynton Hall recently explained that Democrats will attempt to leverage job losses caused by AI to influence the midterm elections.

Federal Communications Commission Chairman Brendan Carr said Tuesday at a Breitbart News policy event that the agency under President Donald Trump has begun reversing internal diversity, equity, and inclusion initiatives while encouraging telecommunications companies to prioritize performance and meeting customer needs.

The Small Business Administration has stopped offering government loans to migants, including the E-2 migrants who elbow American citizens out of opportunities to buy businesses or lease franchise hotels, gas stations, and retail stores.

A Tesla Model 3 operating on Elon Musk’s Full Self-Driving system drove directly through lowered railroad crossing barriers in the Los Angeles area, according to dashcam footage that has gone viral on social media. Thankfully, there was no accident related to the software mishap.

Yamaha Motor Corp. is joining the parade of corporations fleeing Democrat-run California.

Existing home sales unexpectedly rose in February as affordability hit its best level in nearly four years and first-time buyers surged into the market.

Anthropic has filed a lawsuit against the Trump administration seeking to overturn a Pentagon blacklisting that designated the firm as a supply chain risk to national security. Employees of OpenAI and Google were quick to throw their support behind Dario Amodei’s AI startup.

Wells Fargo analyst Steven Cahall downgraded Netflix and Paramount stock following the bidding war over Warner Bros. Discovery.

Social media users with access to electricity shared dramatic images throughout the weekend of protests across Cuba, many of them featuring large bonfires of garbage, banging of pots and bans, and the emergence the next day of anti-communist graffiti.

Farage’s Reform is paying for motorists to buy cut-rate fuel for one day to give a taste of what pump prices would look like if he were PM.

Sen. Markwayne Mullin (R-OK) told Breitbart News in a long-form exclusive on-camera interview in early February in his U.S. Senate office that the Chinese Communist Party (CCP) has had its plans for global domination through the Belt and Road Initiative disrupted by President Donald Trump.

President Donald Trump’s Small Business Administration (SBA) is banning foreign nationals from securing federal dollars via more small business loan programs, the agency announced Monday.

Stocks rose and oil prices fell on Monday after President Trump indicated that the war with Iran was nearing its end.

It took Wall Street a while to come around, but the stock market has finally embraced the president’s worldview.

Mark Zuckerberg’s Meta is facing a lawsuit after reports emerged that contract workers in Kenya reviewed sensitive footage from customers’ AI smart glasses, including images of nudity, drug deals, and intimate activities.

Emil Michael, the Department of War’s chief technology officer, has publicly described the pivotal moment when military leadership realized the extent of the Pentagon’s reliance on Anthropic’s AI technology, a discovery that preceded the recent breakdown in their relationship.

When will Hollywood get the message that even woketards won’t pay to see woketard movies like The Bride!?

Morgan Stanley’s surprise decision to cut 2,500 jobs — 3 percent of its global workforce — was driven primarily by artificial intelligence, according to reporting by the New York Post’s Charles Gasparino.

Caitlin Kalinowski, who led hardware and robotics operations at OpenAI since November 2024, has resigned from the company citing concerns about Sam Altman’s contract with the Department of War.