John Carney

“Last week he announced that we are going to return America to greatness by creating—today is its birthday—the External Revenue Service,” Lutnick said at a rally in Washington after President Trump was sworn into office.

America may be just about done with Joe Biden, but the malevolent economic legacy of his presidency is not done with us.

“This is the single most important issue of the day,” Bessent said.

“Trump was the first president in modern times to recognize the need to change our trade policy and stand up for American workers,” Besset will say.

U.S. consumer prices climbed at a faster rate in December, capping off the inflation-plagued Biden administration’s final year and suggesting that the Federal Reserve’s efforts to bring down inflation may have run out of steam. The Consumer Price Index increased

A resilient labor market, the improving outlook among small businesses, and persistent inflation pressures are signals that the Fed’s September and October rate cuts may have been premature.

The end of the Biden administraiton and start of the next Trump era is kindling a new boom among small busineses.

Another relic of the woke, ESG, DEI craze crumbles.

The U.S. labor market is likely remain strong in the months ahead, signaling that the softness in the labor market seen in the middle of last year was transitory, according to monthly gauge of employment trends The Conference Board’s employment

The Federal Reserve’s reputation may not be burning down as rapidly as Los Angeles, but the outcome is likely to be the same: rubble, ashes, recriminations, and an expensive rebuilding.

The economic toll of the L.A. fires continues to mount.

The Fed’s one hundred basis points in cuts at the end of last year has ignited fears of surging inflation.

Businesses ramped up hiring much more than expected in the month after Donald Trump won the presidential election.

It is not just the bond market that is having doubts about the stance of monetary policy. Federal Reserve officials are also seeing the light.

The wildfires sweeping across Southern California have already caused an estimated $52 billion to $57 billion in damages and economic losses, according to preliminary assessments from AccuWeather. The blazes, which have forced mass evacuations and disrupted daily life, are being

The great clash between Donald Trump and the Federal Reserve may not happen after all.

Employers added 122,000 jobs last month on a seasonally adjusted basis, down from 146,000 in November and well below the 134,000 forecast by economists surveyed by Econoday.

Greenland is one of those rare geopolitical assets that might actually be worth it to buy. So, how much would it cost?

The U.S. services sector posted stronger-than-expected growth in December, signaling a potential acceleration in the economy as businesses look ahead to the incoming Trump administration’s pro-growth policies. The Institute for Supply Management’s (ISM) purchasing managers’ index for the services sector

Job openings came in significantly higher than even the most optimistic forecasts.

The evidence keeps mounting that the election of Donald Trump to a second presidential term is already causing an economic acceleration.

The Fed’s top banking supervisor is stepping aside to make room for Donald Trump’s agenda.

Richard A. Easterlin, a trailblazing economist whose insights reshaped our the postwar baby boom, died at his home in Pasadena, California, on December 16.

President-elect Donald Trump will not let Joe Biden’s ban on oil and gas drilling in certain federal waters stand in the way of providing Americans with inexpensive and abundant energy, according to spokeswoman Karoline Leavitt in an exclusive interview with Breitbart Confidential.

Americans are strolling into the new year with a bit more spring in their steps, thanks to the imminent return of Donald Trump to the White House and the long-awaited end of the Biden-Harris era.

Rising interest rates weighed on spending in November.

Biden’s dismissal of inflation concerns wasn’t just a verbal misstep. It was a bizarre signal that Biden wasn’t in touch with the policy discussion going on across the country.

A slightly better than expected report on inflation.

The U.S. economy will barely notice if the federal government needs to shut down because funding authorization runs out at 12:01 a.m. on Saturday, December 21.

Leading economic indicators increased in November, something they havent done since February 2022.

Federal Reserve officials this week came as close as they are probably ever going to get to admitting that the aggressive interest rate reduction they enacted weeks before the 2024 election was a mistake.

Concerns over more inflation and higher rates triggered a sharp sell-off on Wall Street.

The Federal Reserve announced the third consecutive cut in its interest rate benchmark on Wednesday, a move widely anticipated by investors and financial markets.

The Federal Reserve’s insistence that monetary policy is restrictive is looking more and more ridiculous.

The Fed seems bent on cutting rates again this month. Trump’s economic team is worried this could revive inflation.

“This is a monumental demonstration of confidence in America’s future,” Trump said.