John Carney

An inflation election highly favors Republicans.

Bidenflation is not done with America yet.

A Fed rate cut on the eve of the election would inevitably be seen as a partisan political gift to incumbent Joe Biden and would invite backlash from Republicans.

After the June decline, prices are up 18.8 percent since Biden took office. During the same three-and-a-half-year period of Donald Trump’s presidency, prices rose just 5.3 percent. Prior to the pandemic period, prices rose 6.2 percent under Donald Trump.

The Biden administration is finally cracking down on Mexican imports that use steel or aluminum from China by imposing tariffs.

A sign of confidence in growth for the second half of the year.

The latest polling indicates that Republicans are well-positioned to take advantage of voter unhappiness about inflation and the U.S. economy and that these issues may be decisive in November.

Is the U.S. manufacturing sector expanding or contracting? It depends who you ask.

U.S. construction spending took a hit in May, as businesses and homebuilders pulled back on projects due to stubbornly high interest rates.

President Biden demonstrated again last night that he is completely untethered from the truth about the American economy and unprepared to discuss the nation’s economic challenges.

Year to date, shares of the athletic apparel company are down 29 percent.

The Supreme Court on Thursday ruled a person accused by the Securities and Exchange Commission of civil fraud has a right to a trial by jury before a federal judge, rejecting the agency’s authority to bring enforcement actions and assess fines through internal tribunals.

Inflation took a breather in May, cooling to its lowest annual rate in over three years, according to key data eyed by the Federal Reserve. The core personal consumption expenditures price index, which excludes food and energy prices, nudged up

In fact, it was 6.4 percent.

Biden started out the presidential debate by falsely claiming the economy was in a “free fall” when he took office.

Trump has a chance to defend his title of “Tariff Man” in tonight’s debate. We’re hoping he takes it.

The jump in inflation as 2024 started was even worse than previously thought.

Notable economists, including Janet Yellen’s husband, claim without evidence that Trump’s policies will be inflationary. They never warned us about Bidenflation.

Wall Street and the Federal Reserve have been wrong about a lot of things over the last few years. And now it looks like they’re going to be wrong about how long inflation will stay high.

Sales of new single-family homes fell 11.3 percent to an annual pace of 619,000, the lowest since November, data from the Census Bureau showed Wednesday.

The biggest underpriced risk in the market is still a hike from the Federal Reserve.

The expectations index fell even further below the recession threshold it first crossed five months ago.

Home prices in America’s largest metro areas are up 7.2 percent, outpacing overall inflation and putting homes out of reach for many Americans already squeezed by rapidly rising prices.

The economic pessimism among younger voters poses a political problem for Joe Biden, but there could be a hidden silver lining in all of this youth dissatisfaction with the economy and especially inflation.

Biden’s approval rating on the economy among Hispanic voters has cratered, a development which will almost certainly have serious implications for his re-election campaign.

High inflation brought down consumer sentiment to the lowest level in seven months in early June, the University of Michigan’s survey of U.S. households showed Friday. The University of Michigan Consumer Sentiment Index fell to 65.6 in the preliminary June

If Joe Biden loses his bid for a second term as president, the state of the economy and his economic policies are almost certain to be recorded in the history books as primary reasons voters turned against him.

Another soft inflation report for May.

Initial claims for unemployment benefits rose for the third week in a row.

The Fed has finally come around to the idea that interest rates are very likely to be higher for as far as the eye can see.

Fed officials sharply reduced the number of rate cuts they expect this year, confirming indications that the Federal Reserve is likely to hold its interest rate higher for longer.

Rents are up 5.3 percent compared with a year ago.

America got some good news on inflation on Wednesday, possibly opening the door for lower interest rates this year.

All eyes will be on the dots tomorrow when the Federal Reserve releases its quarterly economic forecasts known as the Summary of Economic Projections, or SEP.

Why is the public so unhappy with President Biden’s economic leadership?

The rise in longer-term inflation expectations are likely to add weight to the argument that the Fed should keep its policy rate at current levels rather than cut later this year.