John Carney

John Carney

Articles by John Carney

Retail Sales Blow Away Expectations

Spending at retail stores rose at a much faster pace than expected in July, suggesting that the U.S. consumer is stronger than previously thought. Retail spending jumped one percent in July, the Census Bureau said Thursday. Economists had been expecting

Shopping for a washer and dryer

Inflation Revived In July as Housing Prices Continue To Rise

Inflation picked up in July, reversing the decline in prices seen in the prior month, but remained cool enough to lock in a rate cut from the Federal Reserve next month. The consumer price index climbed 2.9 in July from

Jerome Powell, President Donald Trump's nominee for chairman of the Federal Reserve,