John Carney

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

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.

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.

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.

We still do not definitively know when Kevin Warsh’s nomination will move forward, but a floor vote in the Senate prior to May 15—when the current Fed chair’s term expires—is no longer out of the question.

Consumer sentiment fell in April compared to the prior month, hitting a record low, reflecting consumer concerns about gas prices and the economic impact of the Iran war.

Will this be enough to free Kevin Warsh?

It is not clear who will run the Fed after the expiration of Powell’s term if the Senate has not confirmed Kevin Warsh.

Borrowing costs for U.S. homebuyers continued their downward slide, with the benchmark 30-year fixed mortgage rate falling to 6.23 percent from 6.3 percent a week earlier.

Layoffs are near the lowest they have been in decades and hiring is accelerating.

Senator Thom Tillis appeared to directly contradict Jerome Powell’s claim that the DOJ’s investigation of the Fed’s renovation cost overruns is a pretext to pressure the Fed to lower interest rates.

The federal prosecutor running the investigation into cost overruns for a long-running renovation of the Federal Reserve’s headquarters says the inquiry will continue.

President Trump has won back the confidence of his supporters on the economy, a public opinion survey released Tuesday showed.

Former Fed governor pledges to keep monetary policy ‘strictly independent’ while pursuing reforms.

U.S. consumers spent far more at American retail stores, gas stations, and online than economists had forecast, showing no signs that the household sector has shied away from everyday or major purchases due to higher gas prices or concerns over

One year after Liberation Day, it’s clear that the critics and panicans were largely wrong.

This week, the war almost escalated into the destruction of an ancient civilization; but instead it turned into an argument about toll collection. Progress and peace!

In each month this year, the number of consumer goods categories declining in price has grown.