Breitbart Business Digest: Beige Book Provides Gloomy Outlook for U.S. Economy


by Breitbart

Breitbart— The latest edition of the Beige Book provides far more red flags than silver linings.

www.counterpunch.org—The U.S. Economy is Not What It’s Cracked Up To Be. How will Biden conceal the inflation rampaging throughout his term? The latest scheme appears to be draining the Strategic Petroleum Reserve to the last drop. It’s already down to 17 percent, because Biden opened the spigot when his idiotic sanctions on Russian energy back in 2022 boosted prices at the pump into the stratosphere, always a terrifying development for homo politicus. Biden tamed gas prices by emptying most of the SPR. Now he may finish it off, because no, he can’t have gas prices...

Breitbart—Breitbart Business Digest: Good News Is Bad News in Biden's Economy. As is so often the case with Bidenomics, even good news is bad news because of the upward inflationary pressure.

Global News—TikTok vows to sue over potential U.S. ban. What’s the legal outlook?. Legislation forcing TikTok's parent company to sell the video-sharing platform or face a ban in the U.S. received President Joe Biden's official signoff Wednesday.