John Carney

The June inflation report was even better than it looks.
The post Breitbart Business Digest: The Best Inflation Report in Modern History appeared first on Breitbart.

The economic causes that animated the Founders—control of taxes, control of immigration policy, control of trade policy, limiting the growth of government—echo through our politics today.
The post Breitbart Business Digest: The America First Economics of the Declaration of Independence appeared first on Breitbart.

Oil prices fell sharply on Sunday after President Trump announced that the U.S. and Iran had agreed to a peace deal.
The post Brent Crude Falls To Lowest Price Since March 5 on Iran War’s End appeared first on Breitbart.

The dominant view on Wall Street is that Kevin Warsh’s Fed is going to have to raise rates rather than cut them, likely as early as this year.
The post Breitbart Business Digest: World War Warsh—The Battle Over the Fed’s Future appeared first on Breitbart.

U.S. stock futures jumped higher and oil prices fell after President Trump announced a two-week cease fire and a potential longer peace deal with Iran Tuesday night.
The post Peace Dividend: U.S. Futures Surge, Asia Stocks Jump, Oil Plunges After Trump Announces Cease Fire With Iran appeared first on Breitbart.

One year after Liberation Day, with many tariffs only taking full effect mid-year amid heavy front-loading, the policy has delivered measurable results.
The post Breitbart Business Digest: The Vindication of Liberation Day appeared first on Breitbart.

This is the Breitbart Business Digest weekly wrap, where we review a selection of the economic and financial events of the past week without incurring any unnecessary labor costs or burning excess petroleum.
The post Breitbart Business Digest: Healthy Americans Drag Down Productivity While the Fed Plots Rate Hikes Over $4 Gas appeared first on Breitbart.

Oil prices surged past $110 a barrel on Sunday evening, topping $100 for the first time in nearly four years, as the war in the Middle East entered its ninth day with no end in sight and the Strait of
The post Oil Prices Jump Above $100 a Barrel for First Time in Four Years appeared first on Breitbart.

President Trump moved hours after the Supreme Court struck down his emergency tariffs to invoke a separate trade authority, imposing an import surcharge on most goods that takes effect February 24.
The post Trump Responds to Supreme Court by Invoking New Tariff Authority—And Cranking It to The Max appeared first on Breitbart.

The Supreme Court invalidated President Trump’s sweeping tariff policy, ruling 6-3 that the International Emergency Economic Powers Act did not grant the president the authority to impose tariffs.
The post Breitbart Business Digest: The Supreme Court Struck Down Tariffs; Here’s What Comes Next appeared first on Breitbart.

This is the Valentine’s Day-President’s Day-Friday the 13th edition of the Breitbart Business Digest weekly wrap-up. It’s mostly a love letter to the U.S. economy, with just a touch of horror movie action and a dash of presidential history combined with Valentine’s Day gifts.
The post Breitbart Business Digest: The Trump Economy Worked, the Fed Study Didn’t, Happy Valentine’s Day Anyway appeared first on Breitbart.

The nomination of Kevin Warsh to chair the Federal Reserve has prompted concerns from friends and foes of President Trump’s economic agenda.
The post Breitbart Business Digest: The War Over Kevin Warsh appeared first on Breitbart.

The United States and India reached a trade agreement that will immediately lower American tariffs on Indian goods to 18 percent while opening India’s market to U.S. energy and other products, President Donald Trump announced Monday.
The post U.S. Will Cut Tariffs on India to 18% in Trade Deal appeared first on Breitbart.

Trump taps Former Fed Governor to Succeed Current Chair in May
The post Trump Picks Warsh to Lead Federal Reserve appeared first on Breitbart.

Jerome Powell has decided he is under assault from the Trump administration and has issued a declaration of war.
The post Breitbart Business Digest: Powell Declares War on the Trump Administration appeared first on Breitbart.

Powell claimed, without evidence, that the inquries into the renovations and his congressional testimony were merely “pretexts” for political interference in monetary policy.
The post Powell Accuses Trump Administration of Political Intimidation as Justice Department Probes Fed Chair appeared first on Breitbart.

Treasury Secretary Scott Bessent told Breitbart Business Digest in an exclusive interview that the Trump administration is determined to end America’s dangerous dependence on China for critical materials and pharmaceuticals, describing the effort as “taking back our sovereignty.”
The post Breitbart Business Digest: Treasury Secretary Scott Bessent Exclusive—Derisking Our Trade with China appeared first on Breitbart.

The Trump administration has successfully addressed the “three I’s” that he said were devastating working-class Americans: immigration, interest rates, and inflation, Treasury Secretary Scott Bessent said in an exclusive interview with Breitbart Business Digest co-authors Alex Marlow and John Carney
The post Exclusive: Bessent Says Trump Administration Has Conquered ‘Three I’s’ That Were ‘Eviscerating Working Americans’ appeared first on Breitbart.

After years of Bidenflation raising prices at a staggering pace, American families are enjoying a less pricey Thanksgiving meal this year.
The post Holiday Joy: Thanksgiving Meal Costs Decline To Lowest In Four Years appeared first on Breitbart.

This week, the government finally revealed the September jobs data, and we learned about the mysterious resignation of yet another Fed official.
The post Breitbart Business Digest: Jobs Are Growing and Powell’s Fed Is Unraveling appeared first on Breitbart.

Researchers at the Federal Reserve Bank of San Francisco examined major tariff changes from 1870 through 2020 across the United States, United Kingdom, and France. Their conclusion challenges the conventional wisdom that dominated economic policy debates in recent years: when countries raise tariffs, prices actually fall, not rise.
The post Fed Study Vindicates Trump Trade Policy: 150 Years of Evidence Shows Tariffs Lower Inflation appeared first on Breitbart.

The white collar workers in Brooklyn who elected Zohran Mamdani are experiencing the economic displacement felt by blue collar workers in the Rust Belt three decades ago. They are the natural next chapter of the Make America Great Again coalition.
The post Breitbart Business Digest: Brooklyn’s Unaffordable Professional Precincts Are America’s Next Rust Belt appeared first on Breitbart.

Each year, more of what Americans buy is made abroad, and more of what Americans earn comes from borrowing that replaces the income lost to trade. The system sustains itself not through productivity but through the continual creation of dollar assets.
The post Breitbart Business Digest: The Wealth of Foreign Nations Depends on America’s Endless Budget Deficits appeared first on Breitbart.

A federal judge has temporarily blocked the Trump administration from proceeding with mass layoffs of federal employees during the government shutdown, calling the move “unprecedented” and “the epitome of hasty, arbitrary, and capricious decisionmaking.”
The post Breitbart Business Digest: Judge’s Ruling Blocking Trump’s Shutdown Cuts Turns Federal Bureaucracy into a Protected Class appeared first on Breitbart.

For decades, American companies made a straightforward calculation: They would share their technology with Chinese partners in exchange for access to the world’s largest consumer market and its low-cost labor.
The post Breitbart Business Digest: How the U.S. Gave Away Its Technology Edge to China appeared first on Breitbart.

The prices of goods affected by tariffs fell in August, crushing the hopes of everyone at the Cato Institute.
The post Breitbart Business Digest: Tariffs Are Reducing Prices and Humiliating Economists appeared first on Breitbart.

Jimmy Kimmel might have hastened his exit by spreading falsehoods about Charlie Kirk’s assassin, but he was marching toward the end long before this week.
The post Breibart Business Digest: The Real Reason Kimmel Got the Boot appeared first on Breitbart.

A divided federal appeals court on Monday refused to let President Donald J. Trump immediately oust Federal Reserve Governor Lisa D. Cook, but a forceful dissent warned that the decision misapplied both constitutional law and common sense.
The post A Divided Appeals Court Blocks Trump From Removing Fed Governor appeared first on Breitbart.

Trump’s immigration enforcement has delivered something rare in American politics: a policy that does exactly what its supporters promised.
The post Breitbart Business Digest: Trump’s Immigration Enforcement Delivers Real Wage Gains for American Workers appeared first on Breitbart.

Lisa Cook, who was confirmed as a Governor of the Federal Reserve in 2022, wants a federal judge to do something no court has attempted in the Fed’s 112-year history: define what “for cause” means when a president tries to fire a Fed governor.
The post Breitbart Business Digest: Lisa Cook Makes Her Bid to Cling to the Fed appeared first on Breitbart.