John Carney - Page 5

The Biden-Harris administration has controlled the White House for nearly four years, and voters are unlikely to forget Kamala Harris’s role as the chief cheerleader for Biden’s widely disliked economic policies.

Homebuilding contracted violently in July.

Someone forgot to tell the American consumer that interest rates are supposedly so restrictive that they risk pushing the U.S. economy into a recession.

Spending at retail stores rose at a much faster pace than expected in July, suggesting that the U.S. consumer is stronger than previously thought. Retail spending jumped one percent in July, the Census Bureau said Thursday. Economists had been expecting

Like an arsonist offering to help put out the fire, Kamala Harris is now vowing to defeat inflation.

You have to go back to Jimmy Carter to find food prices rising this fast.

Inflation picked up in July, reversing the decline in prices seen in the prior month, but remained cool enough to lock in a rate cut from the Federal Reserve next month. The consumer price index climbed 2.9 in July from

Conservatives and activist investors have been pushing for changes at the coffee chain.

Inflation pressures in the U.S. showed further signs of cooling in July as producer prices rose just 0.1 percent, less than expected.

In a presidential election year, many economic surveys cannot escape the gravity of expectations about the outcome of the presidential election.

A far larger share of the public says they’ll be better off financially under Trump than Harris.

The economists are probably right and the market is probably wrong when it comes to forecasting the Fed’s interest rate policy over the remainder of this year.

The surge in Democrat optimism about their prospects to retain the White House may come crashing down on the shoals of an economy widely viewed as sick and increasingly seen as veering toward a recession.

Wholesale merchants are not acting like they see a recession on the horizon.

Can we have a recession if layoffs remain low?

The Kamalanomenon is having a big impact on how people view their economic prospects, but you have to look at the data closely to see it.

Absent some economic catastrophe, there’s almost no chance of an emergency rate cut in August.

What recession?

While we cannot say for sure that the death of the soft-landing and the market sell-off was caused by Kamala Harris, surely anyone investigating the matter should consider the vice president a person of interest.

Global market turmoil has pushed a key measure of expected stock market volatility to levels not seen since the height of the pandemic—and before that, the 2008 financial crisis. The CBOE Volatility Index, known as the VIX, soared to 54

The global stock market panic hit stocks in the U.S. Monday morning.

It looks like the market is finally going to get what it has wanted for over a year—a rate cut from the Federal Reserve.

The

Suddenly, the wheels are coming off the economy.

The manufacturing sector is actually in a serious slump deep enough that it threatens the labor market, the construction sector, and growth in the broader economy.

An unexpected plunge in construction spending indicates the economy may be slowing more rapidly than thought.

There were big jumps in claims in Michigan and Texas.

Donald Trump on Wednesday threw a monkey-wrench into the plans of Democrats to claim he wants to cut Social Security when he proposed ending federal taxes on the benefits of retirees.

The Fed said it still needs greater confidence that inflation will return to target before it will cut rates.

Weakness emerging in the jobs market just 99 days ahead of election day.

Kamala Harris has entered the presidential race burdened by her deep ties to the widely disliked Biden economy.

The labor market is not as tight as it has been over the past two years but it remains historically tight.

Republicans are feeling better about the future as polls show Trump-Vance are favored to win in November.

Will Fed officials stick by their forecast of a single rate cut this year or capitulate to financial markets that are pricing in multiple cuts this year?

High prices and a Gaza-related boycott hurt sales in the quarter.

Kamala Harris should be very worried about consumer sentiment. Unless she can inspire a sharp increase in economic confidence, she is likely to lose the presidential election in November.