John Carney

John Carney

Articles by John Carney

Core Capital Goods Orders Rise 0.2%

Core capital goods, a category that excludes aircraft and defense goods, saw the second consecutive monthly rise. The January figure, however, was revised down from the very strong gain of 0.8 percent to the still healthy 0.3 percent.

A worker manipulates a cask of molten iron during cookware production at the Lodge Manufacturing Co. factory in South Pittsburg, Tennessee, U.S., on Monday, March 7, 2022. Production at U.S. factories rose modestly in January, suggesting manufacturers are gradually working through pandemic-related shortages of materials and labor that hobbled output …

Breitbart Business Digest: The Fed’s Dilemma

The Federal Reserve’s attempt to tighten financial conditions has been increasingly embattled by the market’s view of where economic and financial conditions will be.

Federal Reserve Board Chairman Jerome Powell speaks at a news conference following a Federal Open Market Committee meeting in Washington, DC, on November 2, 2022. (Liu Jie/Xinhua via Getty Images)