John Carney

Economists had forecast payrolls would grow by 240,000 and the unemployment rate would hold steady at the prior month’s 3.8 percent.

An unexpected slump in productivity raises unit labor costs and risks higher inflation.

Republicans looking out across the chaos that has engulfed American campuses should take Richard Nixon’s advice: “Never murder a man who’s committing suicide.”

The Fed chair does not see a rate hike coming but he acknowledged that recent setbacks on inflation mean the current rate policy will last for longer than anticipated.

Job openings fell but private sector quits rose.

As the evidence keeps pouring in that the U.S. is still mired in an inflationary economy, the possibility that the Federal Reserve will be forced to increase interest rates can no longer be ignored.

A rare miss on profits for the fast-food chain.

The odds of a Fed cut are evaporating amid the blaze of hotter than expected inflation figures.

Can the jobs numbers really be as good as they look?

It is unlikely that the Fed will cut rates at all this year; and, if inflation stays hot, it may find that it will need to begin a new cycle of rate hikes sometime next year.

Rising inflation has led consumers to rethink the idea that inflation was going to come down a lot this year.

The PCE index shows that progression on bringing down inflation has stalled.

The pace of economic growth in the first three months of the year was far more sluggish than anyone expected—and inflation was much higher.

Consumer spending weakened by much more than expected while inflation accelerated.

The Biden administration’s declaration that it will treat almost all noncompete provisions in employment agreements as illegal should be seen for what it is.

The big driver of General Motors’ great earnings report has been the Detroit automaker’s decision to focus on selling the gas-powered vehicles their customers want to drive instead of the electric vehicles the Green New Deal activists think they should be driving.

Money printer go brrrrrrrrrrrrrrr

The US economic upturn lost momentum at the start of the second quarter and employment contracted in the services sector, a survey from S&P Global showed.

Sales of new homes jumped 8.8 percent to a seasonally adjusted annual rate of 693,000 in March, the highest rate of sales since September of last year. Economists had expected a rate of 670,000. The numbers are reported at an

Perhaps if we started an Inflation Day movement, more attention could be drawn to the fact that rising price levels are the results of public policy choices.

President Biden signature issues are ranked low among Americans’ national concerns.

This year’s presidential and congressional elections are unlikely to be decided on the issue of tax policy, but they will very likely determine how much of the tax cuts enacted under President Donald Trump survive.

In the first three months of the year, inflation measured by the consumer price index has run at a 4.6 percent annualized rate, much higher than the 1.9 percent rate in the final three months of last year. 

Someone should let President Biden know that the Federal Reserve is not going to deliver him a politically expedient rate cut.

When Biden took office, inflation was running below the Fed’s two percent target. It only took off after he pushed through his $1.9 trillion stimulus package.

Core inflation rose for a third consecutive month, the producer price index showed Thursday.

The victory over inflation that the Biden administration and many on Wall Street were eager to celebrate last year now seems to have been, well, transitory.

The worse than expected inflation likely dashes hopes for a rate cut in June.

There’s a specter haunting Wall Street. The specter of resurgent inflation.

Inflation is once again the top worry of small business owners.

Breitbart’s Jim Pinkerton believes there is a profitable and practical solution to the issue of carbon emissions that doesn’t involve banning gas-powered vehicles.

The dream of a June rate cut is dead.

Employment grew much more than expected for the third month in a row.

The strength of the U.S. labor market has not only defied expectations. It has given rise to the suspicions that the official figures are overstating job gains.

China and the Fed’s rate cut plans are driving up demand for gold.

In the economic seas we’re currently navigating, the idea of a Fed rate cut is starting to look like a theoretical exercise detached from the practical realities on the ground.