Global cloud software company Teradata has told its 5,100 employees they will not receive annual salary raises this year as it redirects funds toward AI investments.
The post Chips over People: Cloud Software Company Freezes Annual Salaries to Fund AI Investment appeared first on Breitbart.
America added 172,000 jobs in May under President Trump. Meanwhile, in the Democrat-run, left-wing entertainment industry, thousands of jobs were lost.
The post Nolte: Trump-Run U.S. Added 172K Jobs While Democrat-Run Hollywood Lost Thousands appeared first on Breitbart.
Lionsgate Studio's Michael Burns says using AI to make films will save his company "tens and tens of millions of dollars a year."
The post Lionsgate Vice Chair Michael Burns Says AI Will Save Studio ‘Tens Of Millions of Dollars a Year’ appeared first on Breitbart.
American factory workers haven't seen this kind of wage growth for decades.
The post Trump Economy Delivers for Blue-Collar Boom: Manufacturing Real Wages Soar appeared first on Breitbart.
S&P Dow Jones Indices announced Thursday it will preserve its existing eligibility criteria for major benchmarks like the S&P 500, effectively closing the door on expedited inclusion for large technology IPOs such as Elon Musk's SpaceX.
The post S&P 500 to Maintain Traditional Requirements, Blocking Fast-Track Entry for SpaceX, AI IPOs appeared first on Breitbart.
The U.S. economy added 172,000 jobs in May and the unemployment rate held steady at 4.3 percent.
The post Trump Boom: America Created 172,000 Jobs In May, Nearly Twice As Many as Expected appeared first on Breitbart.
President Donald Trump said Thursday that without energy dominance, the United States "can't win" after he announced $700 million in funding to bolster America's coal industry.
The post Trump: Without Energy Dominance ‘You Can’t Win’ appeared first on Breitbart.
Roughly 51 percent of white Americans agreed they "are losing their economic, political, and cultural influence in this country because of the growing population of immigrants," says a study funded by pro-migration advocates.
The post Study Shows Trump’s America First Policies Calm Public Alarm Over Migration appeared first on Breitbart.
House Freedom Caucus conservatives cheered the passage of an amendment to an appropriations bill that would the so-called the Biden-era auto "kill switch."
The post Freedom Caucus Cheers Committee Passage of Provision to End Biden-Era Auto ‘Kill Switch’ appeared first on Breitbart.
Google announced Wednesday it will invest $10 million in water infrastructure projects across Texas communities where the tech giant plans to construct data centers, marking the company's first attempt to quell backlash against massive data centers with insatiable needs for power and water.
The post ‘A Drop in the Bucket’: Google Hopes Committing $10 Million to Texas Water Projects Will End Data Center Controversy appeared first on Breitbart.
WASHINGTON—President Donald Trump is expected to make announcements on three major coal-related actions on Thursday.
The post Trump Expected to Announce $700 Million in Actions to Boost U.S. Coal Industry appeared first on Breitbart.
The Department of Justice (DOJ) is carrying out enforcement actions relating to millions of dollars in alleged COVID-era fraud, Breitbart News has learned.
The post DOJ Carries Out Enforcement Actions on Behalf of Vance’s Anti-Fraud Task Force appeared first on Breitbart.
Elon Musk, the world's wealthiest man, is approaching trillionaire status as SpaceX prepares for its IPO next week.
The post SpaceX IPO Could Make Elon Musk Humanity’s First Trillionaire appeared first on Breitbart.
Treasury Secretary Scott Bessent testifies before the House Ways and Means Committee on Thursday, June 4.
The post Watch Live: Scott Bessent Testifies Before the House appeared first on Breitbart.
The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) on Tuesday announced sanctions against four Iranian digital asset exchanges, including Nobitex, the largest cryptocurrency exchange in Iran.
The post U.S. Sanctions Iran’s Biggest Crypto Exchange for Ties to Terrorist IRGC appeared first on Breitbart.
WASHINGTON—President Donald Trump signed a pair of executive orders on Wednesday to bolster customs enforcement and bring more accountability to the federal workforce.
The post Trump Signs EOs Bolstering Customs Enforcement, Federal Workforce Accountability appeared first on Breitbart.
AI may well deliver the productivity boom its champions expect. The risk is that the economy has already begun borrowing against that future before the returns have been earned.
The post Breitbart Business Digest: Is the AI Boom Becoming Too Much of a Good Thing? appeared first on Breitbart.
House Agriculture Committee Chairman Glenn Thompson (R-PA) is reportedly planning to roll out an expansion of the H-2A visa program, funneling more foreign workers into United States farm jobs. The move is likely to disincentivize farms from turning to robots and tech as a solution to labor challenges.
The post Report: Republican Agriculture Chair Plans Expansion of Foreign Visa Worker Pipeline to U.S. Farms appeared first on Breitbart.
Working families paid for America’s addiction to Chinese supply chains. Now corporate America needs to address the issue, not circumvent it.
The post Exclusive—Chuck Flint: American Prosperity Depends on Ending Our Reliance on Chinese Supply Chains appeared first on Breitbart.
President Donald Trump said Tuesday that he envisions a potential 2028 Republican presidential ticket of Vice President JD Vance and Secretary of State Marco Rubio as "unbeatable."
The post Trump Says Vance-Rubio Ticket in 2028 Would Be ‘Very Unbeatable’ appeared first on Breitbart.
Samsung plans to relocate its U.S. headquarters to Plano, Texas, which will cost New Jersey roughly 1,000 jobs.
The post Samsung Flees New Jersey for Texas, Costing the Garden State 1,000 Jobs appeared first on Breitbart.
Remember watching Victoria’s Secret commit suicide a few years ago after it decided to go woke with transvestite models and chubby models and aging models and fat guys in the place of the astonishing beauties that appealed to Normal People and made Victoria’s Secret a household name?
The post Nolte: Victoria’s Secret Abandons Woke and Its Stock Soars appeared first on Breitbart.
New factory orders data released Wednesday confirm an extraordinary surge in American defense manufacturing, with orders for defense capital goods running 53 percent above last year’s pace through the first four months of 2026 as the military works to replenish
The post Defense Orders Surge 53 Percent in 2026 as Iran War Drives Weapons Demand appeared first on Breitbart.
Immigrant entrepreneurs are stealing billions of dollars from American taxpayers, Rep. Brandon Gill (R-TX) said as he began a Tuesday hearing on welfare fraud for the House Committee on Oversight and Government Reform.
The post Watch: Brandon Gill Holds Hearing on Migrant Medicaid Fraud appeared first on Breitbart.
The Trump administration is rolling out what experts describe as the most significant expansion of U.S. sanctions on Cuba in decades.
The administration is attempting what supporters say is the first broad application of Cuba-related secondary sanctions against foreign firms, aiming not only at Havana itself but also at foreign companies and banks that continue doing business with the island’s military-linked economic empire.
The new framework, established under an executive order signed by President Donald Trump May 1, applies pressure beyond U.S. companies for the first time, threatening foreign firms with sanctions exposure if they continue operating in key sectors of the Cuban economy linked to Grupo de Administración Empresarial S.A., or GAESA.
TRUMP ADMINISTRATION PRESSED TO CLOSE CUBA EMBARGO LOOPHOLE AS OIL SET TO RUN OUT WITHIN DAYS
Supporters say the move closes a loophole that allowed foreign investors to sustain Cuba’s communist regime while the longstanding U.S. embargo largely restricted Americans.
Critics argue the measures risk worsening an already severe humanitarian crisis on the island without meaningfully weakening the government.
"At the top of the month, what the Trump administration did was for the first time extend the application of U.S. sanctions from just prohibiting trade between U.S. firms and U.S. persons and the Cuban island to third-party countries and enablers," Max Meizlish, a former Treasury Department official now serving as a research fellow at the Foundation for Defense of Democracies, told Fox News Digital in an interview.
"For the first time ever in a truly unprecedented fashion, that’s the same logic that the administration is now applying to Cuba," he said.
The sanctions focus heavily on GAESA, a sprawling military-linked conglomerate that analysts estimate controls between 40% and 70% of Cuba’s economy, including tourism, mining, retail, ports and financial services.
A recent Foundation for Defense of Democracies report authored by Meizlish and Connor Pfeiffer argued that foreign companies doing business in Cuba are effectively helping sustain the regime’s military and political leadership.
The State Department sanctioned GAESA and several affiliated entities in May under the new authorities, opening the door for potential penalties against foreign companies and financial institutions that continue dealings with them after a June 5 wind-down deadline.
Meizlish argued previous sanctions regimes failed because they isolated American companies while allowing foreign actors to continue financing the Cuban state.
"There’s a lot of Spanish firms, for instance, that have invested millions of dollars in luxury hotel properties, villa properties in Cuba that partner with GAESA, all funding this military enterprise at the expense of the Cuban people," he said.
He also pointed to Canadian involvement in Cuba’s nickel and cobalt sectors, saying foreign investment has generated "huge amounts of money for the regime."
"A lot of people think about the U.S. embargo over the years is actually being responsible for a lot of the problems on the Cuban island, but they don't give consideration to the fact that GAESA, this newly sanctioned entity, has been sitting on an estimated $20 billion in assets and cash over the year while depriving the people of Cuba," Meizlish told Fox News Digital.
But critics of the policy warn the economic fallout could land hardest on ordinary Cubans.
William LeoGrande, a longtime Cuba expert at American University, said the May 1 measures represent a major escalation because they specifically target foreign businesses rather than just Americans.
LeoGrande said the new sanctions represent a major escalation because they extend beyond Americans and aim to deter foreign companies from doing business with GAESA by threatening sanctions exposure.
LeoGrande acknowledged the measures could deprive the Cuban government of revenue but argued the broader population is likely to suffer most.
CUBA'S ENTIRE ELECTRICAL GRID COLLAPSES, LEAVING WHOLE ISLAND WITHOUT POWER
"This would potentially deprive the Cuban government of funds, but the impact will fall mainly on ordinary citizens because it means the government has fewer resources to import food, medicine and fuel," he said.
The debate comes as Cuba faces its deepest economic and humanitarian crisis in years.
The World Food Programme says food insecurity is worsening amid fuel shortages, inflation and declining access to imported goods, while U.N. officials have warned that electricity shortages and blackouts are disrupting hospitals, vaccination programs and food distribution networks across the island.
LeoGrande also warned tougher sanctions could contribute to another migration crisis.
NICARAGUA BLOCKS PATHWAY USED BY CUBAN MIGRANTS TO REACH THE US
"Another unintended effect is that by making living conditions in Cuba even more desperate, tougher sanctions could trigger a mass migration like we saw in 1980 or 1994," LeoGrande said.
On background, a U.S. official rejected arguments that American sanctions are responsible for Cuba’s humanitarian crisis.
"The suffering of the Cuban people is not caused by the U.S. embargo but by the Cuban dictatorship’s failed Communist policies and human rights violations," the official told Fox News Digital. "The embargo does not prohibit Cuba’s access to world markets or trade with third countries."
The official added that U.S. law explicitly permits exports of food, medicine and medical equipment to Cuba and accused the regime of hiding "billions in overseas bank accounts instead of investing in electricity, infrastructure and the daily needs of its people."
The debate mirrors longstanding arguments surrounding U.S. sanctions on countries like Iran and Venezuela, where supporters view economic pressure as a tool to weaken authoritarian governments while critics argue regimes often survive and civilians absorb the economic damage.
Meizlish argued sanctions should not be judged simply by whether they immediately topple governments.
"The problem isn’t that the embargo went too far," he said. "It’s that it didn’t go far enough."
Fox News Digital reached out to the Cuban Embassy in Washington for comment but did not receive a response by the time of publication.
Russia signed a landmark nuclear agreement with Kazakhstan on Thursday to build the Central Asian country’s first-ever commercial power plant, marking a major geopolitical and economic victory for President Vladimir Putin, according to reports.
The $16.5 billion project, signed during high-level bilateral talks in Astana between Putin and Kazakh President Kassym-Jomart Tokayev, will be backed by a Russian export loan covering roughly 85% of the total cost, Reuters reported.
Rosatom, Russia’s state-run nuclear corporation, will lead construction near the village of Ulken in southeastern Kazakhstan along the shores of Lake Balkhash.
Rosatom secured the primary construction mandate after beating out competition from China National Nuclear Corp., France’s EDF and Korea Hydro & Nuclear Power, the outlet said.
NO LIMITS, NO INSPECTIONS: US AND RUSSIA FACE POST–NEW START ERA AS TRUMP PUSHES NEW NUCLEAR DEAL
The pact directly advances the Kremlin’s efforts to anchor its economic and geopolitical influence within former Soviet states amid Western sanctions.
According to the World Nuclear Association, Kazakhstan is the world's largest producer of uranium.
For Kazakhstan, the facility is intended to stabilize a long-term domestic energy supply, since it has struggled with old coal-reliant power infrastructure and electricity deficits for more than two decades.
"The agreement signed today on the construction of the Balkhash NPP has an important role," Tokayev said at the signing ceremony.
CAN A NEW NUCLEAR PLANT FIX NEW YORK’S POWER PROBLEM?
Putin called the deal "a flagship project in the field of peaceful nuclear energy" and said "the commissioning of the plant will make a significant contribution to the energy supply of the Kazakh economy, helping to provide businesses and households with affordable and clean energy."
"I would like to point out that, as we agreed with the president of Kazakhstan, we are not simply talking about the creation of a nuclear power plant or construction; we are talking about the creation of an entire industry, including education, personnel training, and so on," he added.
According to Kazakhstan’s atomic energy agency, the massive facility will feature two advanced VVER-1200 Generation III+ reactors.
Total development costs are estimated at $16.5 billion, with officials noting that approximately $2 billion of the sum will be allocated toward security systems and foundational infrastructure.
MYSTERIOUS 2020 EXPLOSION IN CHINA HAD HALLMARKS OF NUCLEAR TEST, US OFFICIAL ALLEGES
Construction is scheduled to begin in 2027, with the first reactor slated to become operational by early 2034.
The project follows a 2024 national referendum in which Kazakh voters formally approved development at the Balkhash site.
However, the pivot to atomic energy is sensitive for local citizens. The nation hosted hundreds of Soviet nuclear weapons tests at the Semipalatinsk site between 1949 and 1989, leaving behind severe public health crises and environmental pollution.
Distrust increased over the 1986 Chernobyl disaster in Ukraine, after which tens of thousands of Kazakh workers fell ill assisting in cleanup operations.
According to Bloomberg, the two countries also signed a currency swap arrangement Thursday.
Bank of Russia Gov. Elvira Nabiullina and National Bank of Kazakhstan Gov. Timur Suleimenov signed the ruble-tenge swap agreement.
A French mother who allegedly abandoned her two young children in a forest in Portugal while blindfolded was arrested with her former law enforcement boyfriend while eating at a café near Libson.
Marine Rousseau, 41, was taken into custody Thursday with Marc Ballabriga, 55, two days after the couple allegedly dumped her helpless 3- and 5-year-old children in a remote forest and left, according to Portuguese and French media.
"They stayed sitting and didn’t seem nervous," café owner Jorge Lopes told the news outlet. "They were searched and handcuffed without any stress at all. When I saw them so at ease in front of the authorities, I was astonished. It was as if they didn’t have blood running through their veins."
The boys were found crying and alone 125 miles away, MetroUK reported.
FLORIDA MOM ACCUSED OF ABANDONING DAUGHTER AT UNIVERSAL STUDIOS TO GO DRINKING AT BAR
"Given the situation of evident vulnerability, the children were taken to the home of a local resident, where they remained and received initial care in the presence of the officers until they were transferred to a hospital unit," Portuguese authorities said in a statement.
The two boys were in good health and were discharged from hospital on Thursday," Portugal's Public Ministry said.
The couple face child endangerment and abandonment charges. Ballabriga — a former French policeman who quit the force in 2010 — faces an additional aggravated assault charge.
They were ordered held pending trial.
Rousseau’s sons were rescued by Artur Quintas, a local baker who spotted them "screaming and crying" while frantically stumbling along a main road on May 19, the New York Post reported.
They were carrying backpacks stuffed only with clothes, water and snacks.
Quintas recalled the older brother telling him that their mother and her boyfriend allegedly took them into the forest and covered their eyes as part of a "game." When they removed their blindfolds, both adults had vanished.
The pair have since been placed in temporary foster care.
Their biological father — who reported them missing on May 11 — is working to bring them back to France.
"It’s only a matter of days before I get my children back," he told French broadcaster Ici Alsace TV on Monday. "I think about them every second since the Colmar police station contacted me to tell me they were missing. My children will have to rebuild their lives, just as I rebuilt mine.
"And they don’t need to be constantly reminded of this tragedy."
