3 h. ago Asian shares are sharply lower as Tokyo tumbles 4% after Wall Street retreat

Asian shares were sharply lower on Monday as worries are building over a potentially toxic mix of worsening inflation and a U.S. economy slowing because households are cautious to spend.

Politics

3 h. ago Asian shares are sharply lower over concerns about U.S. economy

Asian shares were sharply lower on Monday as worries are building over a potentially toxic mix of worsening inflation and a U.S. economy slowing because households are cautious to spend.

Politics

57 h. ago Breitbart Business Digest: Consumer Confidence Is Narrative, Spending Is Data

We’re seeing is a bizarre and persistent gap between what Americans are doing — spending more, earning more, feeling good about the country’s direction — and what consumer sentiment surveys claim they are feeling. The post Breitbart Business Digest: Consumer Confidence Is Narrative, Spending Is Data appeared first on Breitbart.

Economics

66 h. ago Rising Incomes and Spending Show Economy Remains Resilient Despite Gloomy Confidence

U.S. personal income and consumer spending both rose in February, suggesting that the economy remains resilient despite surveys showing gloomy consumer confidence. The post Rising Incomes and Spending Show Economy Remains Resilient Despite Gloomy Confidence appeared first on Breitbart.

Politics

1 week ago US shoppers modestly increased spending last month as concerns rise about economy

US shoppers stepped up their spending a just bit in February after a sharp pullback the previous month, signaling that Americans are shopping more cautiously as concerns about the direction of the economy mount

Politics

2 w. ago Exclusive — Secretary Bessent on ‘Reprivatization’ of Economy: ‘We Are Laser

Treasury Secretary Scott Bessent told Breitbart News exclusively that President Donald Trump’s administration is "laser-focused" on cutting the deficit and getting spending "under control," part of his larger vision of "reprivatization" of the U.S. economy so economic growth is no longer dependent on government spending but instead on private sector growth. The post Exclusive — Secretary Bessent on ‘Reprivatization’ of Economy: ‘We Are Laser-Focused on Getting this Deficit Under Control’ appeared first on Breitbart.

Politics

3 w. ago China Announces Military Spending Hike, More Economic Stimulus

Chinese Premier Li Qiang on Wednesday announced a 7.5 percent increase in military spending for 2025, ostensibly due to increasing tensions with the United States and Taiwan. The post China Announces Military Spending Hike, More Economic Stimulus appeared first on Breitbart.

Politics