Politics is downstream from culture Andrew Breitbart
John Carney

John Carney

Articles by John Carney

10-Year Treasury Yield Rises To 19-Year High

Bond yields continued to climb rapidly Wednesday morning, reaching their highest levels in over 19 years. The yield on 10-year U.S. Treasuries rose to 5.079 percent, up 0.12 percent from a day earlier and the highest level since July 2007.

Michael Barr, governor of the US Federal Reserve, during the Federal Reserve Board Annual

Breitbart Business Digest: Trump Refuses to Launch World War Warsh

The Breitbart Business Digest Weekly Wrap: Warsh Hiked Two Interest Rates Welcome back to Friday! This was Fed week. As just about everyone expected, the Federal Open Markets Committee (FOMC) raised the fed funds rate by one-quarter of a percentage

President Donald Trump speaks with the new Chairman of the Federal Reserve Kevin Warsh aft

Breitbart Business Digest: The Dollar Is Still King

The New York Times imagines that Trump has abdicated global economic leadership or that the rest of the world is staging a coup. Nothing like that is happening. The dollar remains king.

(iStock/Getty Images)

Retail Sales Explode Higher Showing Unexpected Consumer Strength

Retail sales soared in August, defying predictions that slumping consumer sentiment and rising gasoline prices would trigger a pullback in spending. Sales at retail shops and online rose 1.2 percent, the Commerce Department said Wednesday. Excluding gas stations, sales rose

Two young women with shopping bags walking down the city street

Breitbart Business Digest: AI Wizards Want to Govern the Muggles

A cabal comprised of some of the biggest players in the artificial intelligence industry has discovered a potentially lucrative application for human intelligence: persuading Washington to regulate the sector and hold down potential competitors.

OpenAI CEO Sam Altman (left) and Anthropic CEO Dario Amodei at the AI Impact Summit in New

Breitbart Business Digest: Dividends, Coins, and 9/11

The U.S. Mint is commemorating the lives lost from the Al-Qaeda terrorist attack on 9/11 with a new half-dollar coin displaying the date of the travesty encircled by the phrase “NEVER FORGET.”

(Photo: Robert Giroux/Getty Images; U.S. Mint)

Oil Jumps Above $107, Bond Yields Surge Higher, Stocks Fall

Oil prices jumped to their highest levels since May amid renewed fighting in the Persian Gulf and investor concerns that the war in Iran will persist longer than previously thought. Brent crude futures crossed above $107 a barrel and WTI

BANDAR ABBAS, IRAN - SEPTEMBER 9: ('RESTRICTIONS: NO Access Israel Media/Persian Lang

Core Producer Prices Rise Less Than Expected

The producer price index, excluding food and energy, rose 0.2 percent last month, a slowdown from the previous month’s revised 0.3 percent increase and lower than the 0.3 percent forecast by economists.

A customer uses a fuel pump nozzle to fill a passenger car's tank at a retail gas sta

Oil Crosses Over $101 A Barrel, Highest Since May

Oil prices surged on Wednesday as fighting between the U.S. and Iran intensified in the Persian Gulf, raising concerns that the supply of oil passing through the Strait of Hormuz could be reduced. Brent crude futures, the global benchmark for

BANDAR ABBAS, IRAN - SEPTEMBER 9: ('RESTRICTIONS: NO Access Israel Media/Persian Lang

Federal Workforce Down 11.2% Since Trump Took Office

The federal workforce has contracted by 336,000 employees since President Donald Trump took office, reflecting his administration’s drive to reduce the size of the government bureaucracy.

ASHEVILLE, NORTH CAROLINA - SEPTEMBER 1: Treasury Secretary Scott Bessent holds a press co

U.S. Manufacturing Productivity Revised Sharply Higher in Second Quarter

Manufacturing employment increased during both the first and second quarters, with the gains concentrated in durable-goods industries. That combination is unusual: outside of post-recession rebounds, durable-goods manufacturers have not posted productivity growth of at least 3.6 percent in consecutive quarters while also adding jobs in both quarters since the late 1990s.

US Vice President JD Vance tours the Nucor Steel factory in Huger, South Carolina, on May

Private Payrolls Expanded By 38,000 in August

Private-sector payrolls grew by 38,000 in August, human-resources firm ADP estimated in its latest monthly report. Goods-producing businesses shrank their headcounts by 10,000 in the month, including a steep 17,000 decline in manufacturing. Services providers expanded payrolls by 48,000, with

Sayville, N.Y.: A help wanted sign is posted in the storefront window of Kay Cameron Jewel