The historic stretch of low layoffs in the U.S. economy continued last week. Applications for U.S. unemployment benefits fell by 6,000 to 194,000 in the week ended Oct. 17, according to Labor Department data released Thursday. The reading came in

The post Jobless Claims Fall Toward 57-Year Low appeared first on Breitbart.

The people who want to stop AI data centers from being built in their backyards may wind up helping Musk put them over everyone's heads.

The post Breitbart Business Digest: Don’t Want AI in Your Backyard? Musk Will Put It in Orbit appeared first on Breitbart.

Higher interest rates and tighter financial conditions can kill the AI boom, but those forces are already at work in the bond market.

The post Breitbart Business Digest: The Bond Market Is Already Doing Warsh’s Work appeared first on Breitbart.

The American housing market deteriorated sharply in September as rising mortgage rates drove pending home sales to a record low and sent home construction tumbling, according to reports released Tuesday. The National Association of Realtors said its index of pending

The post Housing Slump Worsens Amid Higher Rates appeared first on Breitbart.

The home building firms have a challenge when it comes to complaining about immigration enforcement. They do not want to admit dependence on illegal labor. So if some of their workers are not showing up, they need to tell a tale about the enforcement discouraging legal workers also.

The post Breitbart Business Digest: The Homebuilders Say Legal Workers Are Hiding from ICE appeared first on Breitbart.

U.S. homebuilder confidence fell more than expected in October to its lowest level in 14 years, as higher mortgage rates deterred buyers and builders increasingly cut prices to make sales. The National Association of Home Builders/Wells Fargo Housing Market Index

The post Homebuilder Confidence Falls to 14-Year Low as Mortgage Rates Climb appeared first on Breitbart.