John Carney

Tariffmagedeon Will Not Hurt Consumers President Trump’s new round of tariffs is set to take effect, and once again, critics are predicting economic disaster. A sober look at the history of tariffs and recent economic research about their effects suggest […]

Stocks Soar in Late Friday Rally Following Zelensky’s White House Fiasco Wall Street ended the week on a high note, shaking off geopolitical tensions after President Donald Trump’s tense White House showdown with Ukrainian President Volodymyr Zelensky. Stocks wobbled early

Ukrainian President Volodymyr Zelensky left the White House on Friday afternoon without signing a deal that would have given the United States access to Ukraine’s rare earth minerals and fossil fuels, according to administration officials. The deal, negotiated by Treasury

Biden’s Stumbling Economy Was Even Worse Than We Thought So much for the idea that Donald Trump inherited a historically strong economy from Joe Biden. The latest GDP report released Thursday by the Bureau of Economic Analysis confirms what many

The Physics of Donald Trump’s Tariffs Free traders love to call tariffs a tax on consumers. The Wall Street Journal editorial board practically breaks into hives at the thought of an import duty. Tariffs, they insist, distort the market. They

German auto parts giant Continental AG is cutting around 3,000 research and development jobs in its automotive division, a move that comes as the company prepares to spin off the struggling business amid broader turmoil for the auto industry stemming

President Donald Trump’s recent social media post—just one sentence from a historical film—has triggered a predictable wave of outrage from critics eager to cast him as a budding dictator. “He who saves his country does not violate any law,” Trump

President-elect Donald Trump will not let Joe Biden’s ban on oil and gas drilling in certain federal waters stand in the way of providing Americans with inexpensive and abundant energy, according to spokeswoman Karoline Leavitt in an exclusive interview with

RIP Richard Easterlin Richard A. Easterlin, a trailblazing economist whose insights reshaped our postwar baby boom, died at his home in Pasadena, California, on December 16. He was 98. The University of Southern California, where he was an emeritus professor,

Near-Term Optimism Is Rising—Especially Among Republicans Americans are strolling into the new year with a bit more spring in their steps, thanks to the imminent return of Donald Trump to the White House and the long-awaited end of the Biden-Harris