John Carney

This week saw Jerome Powell give up his crown but insist on still lurking in the cloakroom.

U.S. industrial production rose in April at the fastest pace in more than a year, powered by a broad manufacturing gain led by autos and supported by strong output from computers, electronics, and other industries seeing renewed demand due to

The great American manufacturing boom keeps getting harder to deny.

U.S. business inventories rose solidly in March, adding to evidence that companies were building stockpiles even as demand strengthened.

High gas prices are not keeping Americans from spending money in other parts of the economy.

Hidden beneath the soaring energy prices, the April PPI revealed that we’re seeing a totally different kind of inflation in another part of the economy.

Prices for goods and services produced by U.S. companies soared in April, far exceeding economists’ estimates and marking the worst monthly inflation in more than four years.

The consumer price index rose 0.6 percent in April, the Department of Labor said Tuesday. Compared with a year ago, prices are up 3.8 percent. This matched expectations.

The very economic strength that Trump has championed may force the next Fed chair to disappoint his desire for a rate cut.

American homeowners sold fewer homes than expected in April, suggesting that the housing market remains sluggish due to high prices and elevated mortgage rates. Compared with the prior month, home sales rose by just 0.2 percent in April, the traditional

This week, the government reported productivity numbers that suggested that all that capital investment we’ve been seeing is paying off, especially in manufacturing.

Consumer sentiment fell in recent weeks to a new record low on concerns about rising prices.

More than twice as many as expected.

Analysts, economists, the media, and the public all built their intuitions about what job numbers mean during past eras of rising labor force growth.

Very rarely have jobless claims ever been this low in modern America.

A new economics paper puts its finger on something that American workers have felt for years: it has become much harder to use one job as a springboard to a better one.

The average is $1.12 more than drivers were paying a year ago.

Private-sector payrolls climbed 109,000, ADP Research said Wednesday, with gains spread between the goods-producing and the services sectors.

The March JOLTS report reveals a healthy labor market operating under new structural conditions.

The labor market showed renewed vigor in March as hiring surged while job openings held steady, according to the Job Openings and Labor Turnover Survey released Tuesday by the Bureau of Labor Statistics.

Over the weekend, Spirit Airlines gave up the ghost and went to that great hangar in the sky, ending 34 years as America’s leading ultra-low-cost carrier.

New orders for U.S. factory goods rose more than expected in March, driven by surging demand for electronics products amid the artificial intelligence investment boom. Factory orders climbed 1.5 percent last month, the biggest gain since November, the Census Bureau

This week, Jay Powell told us that we can take the Fed chair away from him, but we can’t take him away from the Fed.

President accuses EU of failing to comply with Turnberry trade deal.

The nattering nabobs of negativity who had spent March sharpening their claws discovered in April that they had been preparing for a fight the market had no intention of having.

The U.S. economy accelerated at the start of the year, lifted by a sharp increase in business investment in equipment and intellectual property. Gross domestic product, adjusted for inflation, expanded at a 2.0 percent annual rate in the first quarter,

One of the lowest levels of new jobless claims ever seen.

The AI investment wave is translating directly into orders at American factories.

Jerome Powell said Wednesday that he will continue to serve on the board of governors of the Federal Reserve after his chairmanship of the central bank ends next month. Powell said his decision to remain as governor is based on

The central bank has maintained its benchmark interest rate target at a range of 3.5 percent to 3.75 percent since its last cut in December. 

The Senate Banking Committee on Wednesday approved former Fed Governor Kevin Warsh to take the reins at the central bank. The nomination was approved by the committee on a party line vote, with 13 Republicans voting to advance Warsh and

Orders for core business equipment posted their largest monthly increase since the summer of 2020, the Commerce Department reported Wednesday, driven by surging demand for computers and electronic products as companies continue to pour money into artificial intelligence.

The UAE did not just leave OPEC on Monday. It may have given us a glimpse at the road map for the future of global trade and security.

Consumer confidence rose in April to the best level of the year, as consumers took a more optimistic view of the jobs market and their income prospects.

This Wednesday could be one of the most consequential days in the Federal Reserve’s recent history.

Sen. Thom Tillis said Sunday he would end his weeks-long blockade of the nomination.