John Carney

New York

Economics and Finance Editor at Breitbart

Raised in New York City’s most liberal neighborhood. Conservative by the grace of God. Ask me for my Signal #.

Featured in: Favicon

breitbart.com Favicon

forbes.com Favicon

imdb.com

medium.com Favicon

nytimes.com Favicon

businessinsider.com Favicon

dailymail.co.uk Favicon

cbsnews.com Favicon

telegraph.co.uk Favicon

wsj.com + 103 more

Articles

Breitbart Business Digest: Waller Argues Tariffs Won’t Derail Rate Cuts

4 days ago | breitbart.com | John Carney

Federal Reserve Governor Christopher Waller just used a word that Federal Reserve officials have been loathe to invoke for a couple of years now. The word? Transitory. In a major speech Saturday at the Bank of Korea International Conference, Waller tackled the economic implications of new U.S. trade policies head-on.
U.S. Manufacturing Sends Mixed Signals in May

4 days ago | breitbart.com | John Carney

The Institute for Supply Management’s (ISM) manufacturing index fell to 48.5, below the neutral 50 mark and under expectations of 49.1, indicating a third consecutive month of contraction.
Recovering the Legal Architecture of Trump's Tariff Policies

1 week ago | breitbart.com | John Carney

The anti-tariff legal establishment cheered this week when the Court of International Trade (CIT) ruled that President Trump’s use of the International Emergency Economic Powers Act (IEEPA) to impose tariffs on foreign goods exceeded his statutory authority. The Washington Post called it “Trump’s biggest judicial setback.”But the celebration didn’t last. The Federal Circuit quickly stayed the order, allowing the tariffs to remain in place—for now. And rightly so.
Rare-Earth Standoff Threatens U.S.-China Trade Truce

1 week ago | breitbart.com | John Carney

According to reporting by The Wall Street Journal and CNBC, the Chinese government has slowed approvals of export licenses for critical materials used in semiconductors, electric vehicles, and defense applications—prompting sharp criticism from President Trump and his trade team. The rare-earth issue was a linchpin of the temporary tariff truce brokered earlier this month in Geneva.
Core Inflation Falls To Lowest Rate In Four Years

1 week ago | lucianne.com | John Carney

Original ArticlePosted By: Dreadnought, 5/30/2025 1:38:35 PMPrices barely climbed in April, pulling the annual rate of inflation down toward the Federal Reserve's two percent target, even while personal income climbed at a rapid rate. The personal consumption price index climbed 0.1 percent in April, the second month in a row in which consumers got relief from inflation that had plagued the economy throughout the Biden administration. In March, the index showed prices were flat.
Guest columnist John Carney: Massachusetts needs its own Medical Aid in Dying legislation

1 week ago | gazettenet.com | John Carney

E-Edition Advertise Newsletters Subscribe Home News Opinion Sports Business Arts & Life Obituaries Classifieds Calendar Puzzles Proponents of Death with Dignity legislation in Massachusetts are heartened by positive feedback in the current session of the State House.
Trade Deficit Narrows As Imports Plunge and Exports Rise

1 week ago | breitbart.com | John Carney

Economists had forecast a $143 billion deficit. Imports of goods for April were $276.1 billion, $68.4 billion less than March imports. Goods exports rose $6.3 billion to $188.5 billion. Many businesses and some consumers appear to have loaded up on imports in March, ahead of the Liberation Day tariff announcement. This so-called tariff front-running led to a surge in imports, pulling forward purchases that would have otherwise been made later in the year.
Core Inflation Falls To Lowest Rate In Four Years

1 week ago | breitbart.com | John Carney

The personal consumption price index climbed 0.1 percent in April, the second month in a row in which consumers got relief from inflation that had plagued the economy throughout the Biden administration. In March, the index showed prices were flat. Compared with a year ago, prices are up just 2.1 percent. That just one-tenth above the two percent rate of inflation the Fed says it targets. In March, prices were up 2.3 percent from a year earlier.
Breibart Business Digest: A Judicial Roadblock-But Not the End of Trump’s Tariff Power

1 week ago | breitbart.com | John Carney

The Court of International Trade (CIT) on Wednesday issued a ruling in V.O.S. Selections v. United States that the anti-tariff establishment is already crowing about. One Washington Post columnist called it “Trump’s biggest judicial setback.”But they may want to curb their enthusiasm.
At White House Meeting, Trump Tells Powell It's 'A Mistake' Not To Cut Rates

1 week ago | breitbart.com | John Carney

The White House said Trump told Powell he was making “a mistake” by keeping rates elevated, arguing the current policy stance disadvantages the U.S. relative to other major economies, particularly China. “The president has been very vocal about that both publicly—and now I can reveal—privately as well,” said White House Press Secretary Karoline Leavitt. She confirmed that Trump did not raise the issue of removing Powell, whose term as chair runs through May 2026.