Economy

New orders for long-lasting U.S. manufactured goods were unchanged in January, a sign that factory demand remained sluggish at the start of the first quarter.

U.S. economic growth in the fourth quarter was much weaker than first reported, with revised data Friday showing gross domestic product rose at a 0.7 percent annual rate instead of the previously estimated 1.4 percent.

The establishment case against tariffs got a polished restatement this week. It is worth examining carefully because it gets the problem wrong, gets the causation wrong, and offers wishes in place of solutions.

The Republican-controlled West Virginia Senate Judiciary Committee is moving to water down an E-Verify bill to excuse more businesses from being required to use the system for hiring migrants.

The Commerce Department said Thursday that the goods and services deficit fell to $54.5 billion in January, down from $128.4 billion in the same month a year ago. That marked a decline of $73.9 billion, or 57.6 percent.

Republican state attorneys general are blasting the Justice Department’s abrupt settlement with Live Nation and Ticketmaster, warning the deal leaves the entertainment giant’s dominance largely intact and vowing to continue the antitrust fight.

The Dow Jones Industrial Average dropped more than 500 points in midday trading.

New York’s smiling Muslim Mayor is using the city government to display support for Islam and its revolutionary activists, including Mahmoud Khalil, a foreigner who has backed Islam’s jihad attacks against Israel.

Businessman Vivek Ramaswamy’s Ohio gubernatorial campaign is launching a $10 million ad buy on Thursday that will remain on television all the way through the general election.

Mark Zuckerberg’s Meta has acquired Moltbook, the Reddit-like platform where AI agents communicate with each other, in a deal that brings the controversial viral sensation under the tech giant’s umbrella.

Almost 19 million illegal migrants are living in the United States, according to the Federation for American Immigration Reform.

Bluesky announced Monday that CEO Jay Graber is stepping down from her leadership position at the leftist echo chamber which has been losing users over the last year. Graber will transition to a new role as chief innovation officer at the social media company.

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.

The International Energy Agency has proposed the largest release of oil reserves in its history to bring down crude prices that have soared during the U.S.-Israel war with Iran, the Wall Street Journal reported Tuesday.

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.

Europe’s mad dash to decommission its nuclear power plants was a “strategic mistake”, Commission boss Ursula von der Leyen has admitted.

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.

Asian nations are bracing for high costs and shortages of gas from the Iran war, as Tehran halts the flow of energy products.

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.

A viral TikTok trend features self-proclaimed “young hoes” sharing videos of themselves showing off the shortcuts they take when engaging in everyday tasks — suggesting that members of Generation Z don’t have time for anything. As one conservative commentator pointed out, “To use that word — it’s like, ‘I’m dumb, I’m young, I don’t know how to get through life.'”

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.