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Migrant Gives Birth to Stillborn in Rio Grande Valley, Texas

11/22/2021 10:25 PM EST

On November 18, 2021, a Border Patrol agent assigned to the Weslaco, Texas,  Border Patrol station apprehended two migrants, a husband and wife from Venezuela, near Progreso Lakes, Texas.  At approximately 7:14 p.m., the two migrants were...

New LAX Port Director Cheryl Davies Sworn In During Change of Command Ceremony

11/22/2021 09:59 PM EST

New LAX Area Port Director Cheryl Davies addressed CBP seniorleadership, employees, law enforcement partnersand stakeholders.LOS ANGELES—U.S. Customs and Border Protection (CBP) today hosted a Change of Command Ceremony to formally instate Cheryl...

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Even Economists Notice Inflation

President Joe Biden announced on Monday that he would nominate Fed chair Jerome Powell for a second term as head of the central bank.      November 22, 2021 advertisement   Thanks to a recent landmark decision, everyone is getting in on this new, high-yield account.

Today's Top Stories From the Breitbart News Desk President Joe Biden announced on Monday that he would nominate Fed chair Jerome Powell for a second term as head of the central bank. This preserves continuity and likely keeps financial markets chugging along smoothly, avoiding a disruptive adjustment at a time when Biden is particularly vulnerable on economic issues. And since the main competitors for the role would likely have been even more dovish on inflation than Powell, this sends a signal to markets that the administration is taking inflation seriously. Certainly, the American people are taking inflation seriously. As we reported over the weekend, the cost of an average Thanksgiving dinner is up 14 percent year over year. The price of turkey is up more than 24 percent. A Gallup survey released on Monday indicated that the share of Americans saying inflation is the number one problem in the country is at the highest since 2001. The last time a significantly larger share put inflation as the biggest issue was back in 1985, according to the folks at Gallup. Even economists have started to notice inflation. The consensus among professional forecasters has been that although inflation has been elevated this year, it would return to the Fed's target rate of two percent at some point in the not-to-distant future. No longer. In the latest Survey of Professional Forecasters, a quarterly survey run by the Philadelphia Fed, the median projection for the Personal Consumption Expenditure Price Index over the next ten years is 2.3 percent. In other words, the Fed has lost the confidence of forecasters that it can keep inflation at two percent on average. On Wall Street, the view is that the re-nomination will free Powell to become more hawkish on inflation, suggesting a steeper path for rate hikes and the taper of bond purchases. That may be a bit premature. While Powell has switched gears quickly before, notably from his tightening stance in Trump's early years to the current accommodative position, the Fed chair has shown very few signs of being willing to relax his vague but often repeated commitment to full employment in the name of fighting inflation. Wall Street thinks this was a political stance, aimed at appearing progressive to win a second term. We're not so sure. – Alex Marlow & John Carney Breitbart News Network

TOP STORY

Bidenflation: 26% of Americans Say Economy Is Top Concern, Highest Since Pandemic Struck

The number of Americans who rank economic issues as the nation's top problem has reached the highest point since the pandemic began, Gallup poll said Monday. The latest survey found that 26 percent of Americans view economic issues—such as inflation, unemployment, and general economic conditions—as a top priority. At the same time, Gallup's measure of economic confidence has been plunging for five months. The latest data shows confidence at a negative 29, close to the worst levels of negative 32 and negative 33 hit in April 2020. [Click here for more]

IN OTHER STORIES...

Nolte–NBC Finds a Bidenflation Silver Lining: Fewer Thanksgiving Guests if You Don't Buy a Turkey!

Proving just how out of touch the elite media are, the far-left Today Show offered some tips on mustering through Joe Biden's record inflation this Thanksgiving: Cancel the Turkey. This might chase away all those expensive guests! "Perhaps forgo the turkey," NBC's Vicky Nguyen suggested. "Some people think turkey is overrated. It tends to be the most expensive thing on the menu. Maybe have... [Click here for more]

Rand Paul: Jerome Powell as Federal Reserve Chair Will Not Curb America's 'Inflationary Spiral'

Sen. Rand Paul (R-KY) told Breitbart News in a statement Monday that Jerome Powell's renomination to serve a second term as the Federal Reserve chairman will do nothing to curb "America's inflationary spiral." President Joe Biden tapped Jerome Powell to serve a second term as the head of the nation's central... [Click here for more]

Carney: Inflation Is So High That Now They Want Us to Eat Soy For Thanksgiving

Inflation isn't so bad if you are just willing to settle for less. And on Thanksgiving, that means no turkey. Seriously. The St. Louis Fed on Saturday tweeted out a blogpost about how much more affordable it is to eat a soy-based meal than a... [Click here for more]

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Holiday horror in Wisconsin: Christmas parade massacre...

Holiday Horror: SUV Plows Through Wisconsin Christmas Parade... 5 Dead, at Least 40 Injured, Including 12 Children...

Holiday Horror: SUV Plows Through Wisconsin Christmas Parade... 5 Dead, at Least 40 Injured, Including 12 Children... ...Suspect Darrell Brooks Jr. out on $1,000 Bail for Violent Crime... ...Accused of Running Over Woman Just Weeks Ago advertisement Buffett Can Stuff It… Crypto Boss Does 14X Better...

John Kerry Softens Stance on Uyghur Slave Labor from Which He Financially Benefits

Leadership! Biden to Blame Businesses for Inflation, Higher Prices

Never Trumpers Goldberg, Hayes Quit Fox News in Protest of Tucker's January 6 Documentary

Jeff Bezos Donates $100 Million to Obama Foundation

Breitbart News Daily Podcast Ep. 16: Rittenhouse Narrative Enters Fake News Hall of Shame, Guest: Charlie Hurt

J.K. Rowling Rips Trans Radicals: Prove You Aren't a Threat to Women, 'Stop Stalking and Threatening Us'

'Let's Go Brandon' Chant Breaks Out at Morgan Wallen Concert

Germany Tells Citizens: Get Vaccinated or Get Coronavirus

Peak Woke: University Bans Phrase 'Trigger Warning' for Triggering Students

Actor Eddie Redmayne Apologizes: Playing Transgender Character in 'The Danish Girl' Was a 'Mistake'

'Conservative' Boris Johnson Quotes Lenin to Promote Build Back Greener

 

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Known for his network of conservative Web sites that draws millions of readers everyday, Breitbart had one main goal: to make sure the "liberally biased" major news outlets in this country cover all aspects of a story fairly. Breitbart is convinced that too many national stories are slanted by the news media in an unfair way. Here, Breitbart talks about the key issues that Americans face, how he has aligned himself with the Tea Party, and how one needs to deal with the liberal news world head on.

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Righteous Indignation: Excuse Me While I Save the World! by Andrew Breitbart 

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Righteous Indignation: Excuse Me While I Save the World! by Andrew Breitbart

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MARRIAGE PARENTING ADVENTURES IN ODYSSEY 72% off Focus on the Family Kids Magazines! Focus on the Family Magazines — Invest in the children you love! Our award-winning Christian magazines engage readers, as young as three, with inspirational articles, family-friendly activities, and faith-building fun. For New Subscribers Only — Offer ends soon! Focus on the Family Clubhouse Jr.® For early readers, Clubhouse Jr. teaches girls and boys ages 3-7 about biblical values and Christian morals with fun crafts, exciting games, and fascinating tales. Read-along stories, puzzles, and favorite jokes keep the attention of preschoolers and kindergartners, allowing them to use their imagination and creativity, while learning about faith in Jesus Christ. ($48*) Now $14.99 Focus on the Family Clubhouse® For school-age children, Clubhouse offers a wealth of Christian faith-building articles and activities for kids ages 8-12. Girls and boys will love the thrilling Bible-based adventure stories, games and brain-teasing puzzles, service projects, inspirational articles on kids just like them, and jokes, too! You’ll love the way this bright and colorful kids magazine reinforces Christian values, drawing families closer together ... and closer to God. ($48*) Now $14.99 Brio® For teen girls, Brio gives exciting, Christian faith-based articles, DIY, music, and entertainment features. Brio helps lead teen girls into intimacy with Jesus Christ, helps them develop a positive self-image, and guides them through today's cultural issues. ($54*) Now $14.99 NOTE: If ordering more than one subscription, please call 833-753-3434. *Savings are based on cover price. The Focus on the Family® Store hand-selects resources that are firmly rooted in biblical principles, so people can shop with complete confidence and find content they can trust. We're the online store that puts family needs first — from our simple, personal searching to 100% of every purchase going to help families thrive.   Share This Email          Connect With Us        Marriage | Parenting | Today's Broadcast | Family Store | Focus Careers

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Chronicles of Narnia, Summer of Narnia Spectacular

Recorded in London with an all-star cast of England's brightest talent from the stage and screen, an original orchestral score, and cinema-quality digital sound design, this innovative recording of the classic stories provides hours of entertainment for the entire family.