John Carney

President Donald Trump urged America’s defense contractors to invest in new and modern production facilities Wednesday, saying he would ban dividends, stock buybacks, and executive compensation exceeding $5 million until companies accelerate manufacturing... See more

The Trump administration will sell Venezuelan oil “indefinitely” and control the proceeds, Energy Secretary Chris Wright announced Wednesday, as part of the administration’s broader strategy to manage Venezuela’s oil exports and rebuild its energy sector.... See more

Consumer sentiment rose in December, boosted by improved views among lower-income consumers and increasing optimism for personal finances and business conditions. The University of Michigan said Friday that its final December sentiment index climbed 1.9 p... See more

The Federal Reserve approved a quarter-point interest rate cut on Wednesday, the third consecutive interest rate reduction since the Fed resumed easing monetary policy in September, in a decision that exposed the deepest internal split on the rate-setting... See more

Weekly Wrap: Netflix Cuts In On Paramount’s Dance With Warner Bros Discovery Welcome back to Friday! This is our weekly wrap-up of economic, financial, and business news—proving that you can never step into the same stream twice. It’s been quite a week in... See more