Exclusive — Republican New York Congressional Candidate Marc Molinaro: ‘Nothing Has Ever Been Solved by Growing Government’
Exclusive — Republican New York Congressional Candidate Marc Molinaro: ‘Nothing Has Ever Been Solved by Growing Government’
Marc Molinaro, the Republican candidate for New York’s 19th Congressional District special election on Tuesday, told Breitbart News Saturday that he is “fighting back against high costs, over-regulation, crime on the rise, and the government that’s too big.”HANNAH BLEAU
Summers: ‘The Fed Doesn’t Know Where It Is’ and Isn’t ‘Willing to Be Realistic’
During an interview aired on Friday’s edition of Bloomberg’s “Wall Street Week,” Harvard Professor, economist, Director of the National Economic Council under President Barack Obama, and Treasury Secretary under President Bill Clinton Larry Summers reacted to recent minutes from theIAN HANCHETT
Summers: We’ll See ‘Significant Housing Price Inflation’ in Inflation Measures — There’s ‘Considerably More Pain’ Ahead
During an interview aired on Friday’s edition of Bloomberg’s “Wall Street Week,” Harvard Professor, economist, Director of the National Economic Council under President Barack Obama, and Treasury Secretary under President Bill Clinton Larry Summers predicted that we’ll “see significant housingIAN HANCHETT
Dem Rep. Bowman: Corporations Price Gouge When We Inject Money into the Economy, Like Student Debt Cancellation Would
On Friday’s broadcast of MSNBC’s “Jose Diaz-Balart Reports,” Rep. Jamaal Bowman (D-NY) urged the cancellation of student loan debt because doing so would inject more capital into the economy, but cautioned that “we need to make sure we hold corporationsIAN HANCHETT
Survey: Half of American Companies Set to Cut Jobs After Hiring Surge
Numerous companies across the United States are planning to trim their employee numbers, Fox Business reported Friday.AMY FURR
20 Aug 2022, 10:35 AM PDT3,294
Tom Homan: Gov. Abbott’s Buses Expose Biden’s Open Borders
Texas Gov. Greg Abbott is using busloads of migrants to shine a light through the establishment media’s coverup of President Joe Biden’s nationwide smuggling efforts, says a former enforcement chief.NEIL MUNRO
Japan Seeks to Boost Alcohol Sales Among Younger Citizens
Japan’s government recently kicked off a marketing campaign aimed at increasing alcohol sales among younger citizens, aged 20 to 39, in response to record decreases in alcohol tax income in Japan over the past few years, the Hindustan Times reported Friday.GABRIELLE REYES
WH’s Bernstein on Spending Contributing to Inflation: It ‘Absolutely’ Boosted Demand, But It Helped Labor Market — Supply Had Issues
On Friday’s broadcast of MSNBC’s “The Last Word,” White House Council of Economic Advisers member Jared Bernstein responded to a question on whether spending by the Biden administration contributed to inflation by saying there were supply issues and that whileIAN HANCHETT
CNN Frames $3.92 Gas Average as ‘$100-a-Month’ Pay Raise for Americans
A CNN Business article published Friday directs Americans to view the mild decline in gas prices as “a $100-a-month raise.”NICK GILBERTSON
Breitbart Business Digest: Showdown at the Jackson Hole Coral
Next week Jerome Powell will find himself facing down financial markets at the feet of the Teton Mountains in Jackson Hole, Wyoming, each standing in the summer heat daring the other to blink first.JOHN CARNEY
GOP Rep. Wenstrup: We Should Go after Hundreds of Billions in COVID Relief Fraud, Not Increased IRS Audits
On Friday’s broadcast of the Fox Business Network’s “Mornings with Maria,” Rep. Brad Wenstrup (R-OH) said that if Congress is interested in trying to increase the amount of money in the federal treasury, it should do more work on gettingIAN HANCHETT
Scalise: House Dems Know IRS Will Go after Non-Wealthy and Voted to Let Them after CBO Confirmation
On Friday’s broadcast of the Fox Business Network’s “Mornings with Maria,” House Minority Whip Rep. Steve Scalise (R-LA) stated that House Democrats knew that the Inflation Reduction Act reconciliation bill would violate President Joe Biden’s vow not to raise taxesIAN HANCHETT
Bill Gates Successfully Lobbied Joe Manchin to Pass Climate and Spending Bill
In a recent article, Bloomberg details Bill Gates’ efforts to lobby Joe Manchin over the climate and spending bill known as the “Inflation Reduction Act” even though it won’t reduce inflation according to nonpartisan experts. Gates worked hard to ensure the passage of the bill as it would further his creepy vision of a transition to clean energy.LUCAS NOLAN
19 Aug 2022, 11:42 AM PDT2,518
Florida Unemployment Drops to Historic Low
Unemployment in the Sunshine State has dropped to a historic low as job creation soars.HANNAH BLEAU
China Is Watching: TikTok’s In-App Browser Can Monitor Keystrokes, Capture Sensitive Info
A software researcher recently claimed that China-owned TikTok’s in-app browser is capable of monitoring and recording user keystrokes, which the company has since confirmed. Of course, the Chinese company is quick to state that the code in its app is only used for “debugging,” but this may be another lie from the company known for its mistruths.LUCAS NOLAN
The Markets are Fighting the Fed and Vice Versa
Fed officials are talking as if they are determined to bring down inflation even if it means a recession. Investors are not yet convinced.JOHN CARNEY
You Need to Update Your Apple Devices Right Now Due to Security Flaw That Hackers Have ‘Actively Exploited’
Apple is urging users of iPhones, iPads, and Mac computers to update their devices immediately after discovering a security flaw that could allow hackers to take control of devices. The security bug has been “actively exploited” according to the Silicon Valley giant.LUCAS NOLAN
Dem Rep. Bowman: Senior Citizens ‘Cannot Afford to Live’ Due to Student Debt
Friday on MSNBC’s “José Díaz-Balart Reports,” Rep. Jamaal Bowman (D-NY) pushed for the cancellation of student loan debt.TRENT BAKER
Global Food Crisis: 50 Per Cent Crop Loss Likely Due to Drought, German Farmers Say
Crop losses of up to 50 per cent are now expected in parts of Germany due to drought, farmers in affected regions have claimed.PETER CADDLE
Recession Risk Rising: Leading Indicators Fall For 5th Straight Month
Leading economic indicators point to an economy not growing in the third quarter and probably headed for a recession.JOHN CARNEY
Cord-Cutting Explodes as More Americans Watch Streaming over Cable for First Time Ever
Consumers continue to dump their cable and satellite subscriptions at an accelerated pace as the industry continues to see a fall in earnings across the board and for the first time ever, more people are watching on streaming than on cable.WARNER TODD HUSTON
Erdogan’s Turkey CUTS Interest Rate Despite Runaway Inflation Hitting 80 Per Cent
Inflation figures in the U.S. of 8.5 per cent, the United Kingdom of 10.1 per cent and the 19-country euro area of 8.9 per cent come nowhere close to Turkey’s eye-popping rate of nearly 80 per cent, with skyrocketing food, housing and energy prices hitting people hard.BREITBART LONDON
World Economic Forum-Linked UK PM Candidate: No Fully Cashless Society for Now
WEF-linked Tory leadership candidate Liz Truss said that people should be “able to use cash where they don’t have alternatives”.PETER CADDLE
NPR Poll: 54% of Americans Agree Biden’s Border Crisis an ‘Invasion’ — Including 40% of Democrats
A majority of Americans say President Joe Biden is allowing a southern border invasion, according to a poll comissioned by the left-wing National Public Radio (NPR)NEIL MUNRO
Breitbart Business Digest: Channel Surfing Through Monetary Policy
Let us review where we stand on the various channels through which monetary policy is thought to act on inflation.JOHN CARNEY
Report: Russia Energy Export Earnings to Increase Nearly 40% from 2021
Russian energy export earnings are projected to rise nearly 40 percent year-on-year to $337.5 billion in 2022, Reuters reported Wednesday citing an official document from the Ministry of Energy of the Russian Federation.GABRIELLE REYES
‘Survival Mode’: Chinese Real Estate Developers in Freefall
China’s looming real estate crisis loomed even higher this week, as property investment slumped, new construction suffered its worst slowdown in a decade, and foreign analysts noted the cash flows of property developers have largely dried up.JOHN HAYWARD
Rising Costs Wipe Out Benefit of ‘Inflation Reduction’ Act’s $7,500 Electric Vehicle Credit
Ahead of the passage of the $700 billion Inflation Reduction Act, Ford and General Motors raised the prices of its electric vehicles, eliminating the potential benefit of the bill’s $7,500 electric vehicle tax credit.SEAN MORAN
WashPost Op-Ed: Democrats Tout ‘Rule of Law’ but Celebrate Illegal Migration
Democrats justify the FBI’s raid on Trump’s home as even-handed law enforcement, yet welcome a wave of illegal migrants, says a Washington Post op-ed.NEIL MUNRO
Ortiz: Inflation Reduction Act Media Tour Won’t Ease Economic Turmoil for Ordinary Americans
Alfredo Ortiz of Job Creators Network writes in THE HILL that President Joe Biden isn’t fooling anyone with his so-called Inflation Reduction Act. Americans know the massive spending bill will do no such thing:BREITBART NEWS
Billionaire Elon Musk Tells House Republicans to Be ‘More Compassionate’ on Immigration at Donor Summit
At House Minority Leader Kevin McCarthy’s (R-CA) annual donor summit in Jackson, Wyoming, billionaire Elon Musk told House Republicans they should be “more compassionate” on immigration as Americans suffer through the worst inflation and mass immigration costs in decades.JOHN BINDER
Does Your Charger Have a Charge?: Dodge Reveals Electric Models After Killing Off Muscle Cars
Dodge unveiled its new electric concept car, the Charger Daytona SRT, this week, marking the company’s first all-electric car that may replace the popular Challenger and Charger muscle cars. When the company announced it was killing off its powerful sedans, it said, “We are celebrating the end of an era — and the start of a bright new electrified future — by staying true to our brand.”LUCAS NOLAN
Dead Batteries: Electric Vehicle Owners Complain of Broken Chargers, Awkward Software
Electric vehicle owners are becoming increasingly frustrated about the state of public EV charging, with drivers complaining of broken chargers, janky software, and smashed screens.LUCAS NOLAN
Poll: Just 13% Say the Multibillion-Dollar Climate Bill Will Decrease Inflation
Americans remain doubtful that the far-left’s multibillion-dollar bill will reduce inflation, a poll from The Economist/YouGov found. HANNAH BLEAU
Seattle CEO Dan Price, Who Cut Salary to Raise Workers’ Pay, Resigns amid Claims of Assault
A CEO in Seattle who cut his salary to raise his worker’s pay, stepped down Wednesday from his company, Gravity Payments.AMY FURR
Kevin McCarthy Calls Elon Musk the ‘Thomas Edison of Our Time’ After Trump Labels Him a ‘Bullshit Artist’
Not long after former President Donald Trump branded Tesla CEO Elon Musk a “bullshit artist,” House Minority leader Kevin McCarthy lavished Musk with praise, calling him the “Thomas Edison of our time.”LUCAS NOLAN
Facebook Tightens Moderation Policies to ‘Safeguard’ 2022 Midterms
Facebook will prevent edits to ads dealing with social, political, or electoral issues that are approved to run in the week of the midterm elections, among a number of steps it is taking to build on and expand what it calls its 2020 election “safeguards” ahead of the midterms.ALLUM BOKHARI
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