John Carney

It took Wall Street a while to come around, but the stock market has finally embraced the president’s worldview.

The overnight panic in oil and stocks was replaced by calmer markets on Monday morning.

Oil prices surged past $110 a barrel on Sunday evening, topping $100 for the first time in nearly four years, as the war in the Middle East entered its ninth day with no end in sight and the Strait of

This is the Breitbart Business Digest weekly wrap of business and economic news, where we strive to increase output despite no increases in our newsletter’s payroll.

Oil prices continued to climb rapidly on Friday following remarks by President Trump that there would be no deal to end the war with Iran short of an “unconditional surrender.”

Much worse than expected.

Randolph Bourne said war is the health of the state. Fine. Then let’s say the other part out loud: war is a disease in the economy.

America’s productivity is rising at a rate not seen in decades.

Efficiency gains confound critics who predicted tariff-driven slowdown

The war may continue. But the market panic, at least for now, seems to be looking for an exit strategy.

Treasury Secretary Scott Bessent said Wednesday the Trump administration plans to raise its across-the-board tariff rate to 15 percent this week, providing a timeline for an increase President Trump had announced but not yet implemented.

The American services sector roared ahead in February at its fastest pace in more than three years, blowing past every Wall Street forecast while inflationary pressures eased to their lowest level in nearly a year. The Institute for Supply Management’s

U.S. businesses went on a hiring spree in February, the latest data from payroll processor ADP shows.

The market is doing the only honest thing it can do in the fog of war: trying to price the duration of the conflict.

President Donald Trump on Tuesday said the United States Navy will escort oil tankers through the Strait of Hormuz if necessary and directed the U.S. International Development Finance Corporation to provide war-risk insurance for maritime shipping in the Persian Gulf

Americans are increasingly turning away from booze and beer.

The Iran war hit markets hard Tuesday morning.

Financial markets on Monday indicated that any damage to the U.S. economy from the military conflict between the U.S. and Iran is likely to be minimal.

Global oil prices and natural gas prices moved up sharply on Monday morning, while the stock market appeared to take the attack on Iran by the U.S. and Israel in stride.

This week President Trump reminded us that the state of our union is great again, the economists spilled nerd blood over the definition of a balance of payments problem, and AI came for the technology companies.

AI spending and margin expansion drive producer price index while consumer prices decline.

The Supreme Court’s recent tariff decision has created an unusual near-term setup: a temporary “tariff valley” that could trigger another wave of import stockpiling in the months ahead.

Mortgage rates fell below six percent this week, the lowest since September 2022.

President Trump led off his State of the Union speech by addressing the state of the economy, highlighting the progress on bringing down inflation after the Biden-Powell surge that undermined America’s post-pandemic recovery.

The plan would be available for “forgotten American workers, great people, the people that built our country, access to the same type of retirement plan offered to every federal worker,” Trump said. 

The best quarter since Donald Trump left office.

A new NBER working paper claims to show that tariffs reduce trade, output, and manufacturing. But the paper’s findings are being oversold.

Last year’s home pricel increase marks slowest pace in over 15 years as homes become more affordable in real terms

Consumer confidence improved in February as more Americans reported plentiful job opportunities and grew less pessimistic about the economic outlook, according to data released Tuesday by the Conference Board. The share of consumers saying jobs are plentiful climbed to 28

The Trump administration’s use of Section 122 of the Trade Act of 1974 to impose temporary tariffs has drawn sharp criticism from a gaggle of anti-Trump economists and self-styled trade experts.

President Donald Trump warned Monday that countries attempting to exploit the Supreme Court’s tariff ruling to escape trade agreements will face steeper tariffs than those they originally negotiated with his administration. “Any Country that wants to ‘play games’ with the

The Chicago Fed National Activity Index jumped back into faster-than-average growth territory in January.

President Trump’s new tariffs were imposed under Section 122 of the Trade Act of 1974, which allows temporary import restrictions when the United States faces “fundamental international payments problems.”

President Trump moved hours after the Supreme Court struck down his emergency tariffs to invoke a separate trade authority, imposing an import surcharge on most goods that takes effect February 24.

The Supreme Court invalidated President Trump’s sweeping tariff policy, ruling 6-3 that the International Emergency Economic Powers Act did not grant the president the authority to impose tariffs.

The Supreme Court ruled Friday that President Trump lacks the authority to impose emergency tariffs.