More Economy Articles

  • Asian stocks mixed on Obama visit, US dip

    TOKYO (AP) — Asian shares lacked a clear direction in early Thursday trading as players took a mostly wait-and-see view ahead of talks between Japan's prime minister and visiting President Barack Obama. Adding to the mixed view was the fall on Wall Street overnight, despite a solid earnings...

  • Facebook 1Q results soar; CFO to step down

    NEW YORK (AP) — Facebook's earnings nearly tripled and revenue grew sharply in the first quarter, surpassing Wall Street's expectations thanks to an 82 percent increase in advertising revenue. It was the fourth quarter in a row that Facebook beat forecasts as it continues to barrel ahead in...

  • Gold prices edge up for the first time in a week

    Gold prices settled higher for the first time in a week as tensions between Russia and Ukraine give the precious metal some support. Russia warned Wednesday that it would mount a firm response if its citizens or interests come under attack in Ukraine. Separately, Dutch, British and Danish...

  • How the Dow Jones industrial average did Wednesday

    Stocks edged mostly lower Wednesday, breaking a six-day winning streak, as investors were disappointed by the latest round of earnings from U.S. companies. A surprise drop in new home sales also weighed on the broader market. On Wednesday: The Dow Jones industrial average fell 12.72 points, or...

  • Buffett says stock prices are in reasonable range

    OMAHA, Neb. (AP) — Investor Warren Buffett says most stocks are trading at reasonable prices even though the market has soared this year. Buffett said on CNBC Wednesday that thinks stocks are generally selling in a reasonable price range. Even though stocks prices are up, Buffett says that...

  • Recognizing danger, GOP engages with Democrats in battle for women voters

    As the Democratic Party implements its "War on Women" campaign against the Republicans in the hopes of mobilizing female voters and heading off a midterm elections defeat, the GOP is fighting back. In doing so, Republicans on Capitol Hill and GOP candidates running in key congressional races...

  • US stocks edge lower after a six-day rise

    NEW YORK (AP) — The stock market slipped Wednesday, after rising for six straight days, as investors worked through another round of quarterly earnings reports from U.S. companies. Intuitive Surgical was among those announcing disappointed results. A worse-than-expected report on the housing...

  • Michelle Obama unveils new jobs website for veterans

    First lady Michelle Obama on Wednesday announced a new online initiative to help military members and veterans find new jobs in the private sector. The new online Veterans Employment Center at ebenefits.va.gov includes tools to help "translate military skills into the civilian workforce," the...

  • Delta navigates nasty winter, tops profit forecast

    DALLAS (AP) — Delta Air Lines Inc. is making more money by filling more seats on its planes and paying a bit less for fuel. Delta's first-quarter profit beat expectations and underscored how most big airlines are prospering with a combination of strong business travel, slightly higher fares...

  • How Piketty's research shaped wealth gap debate

    WASHINGTON (AP) — French economist Thomas Piketty and his research partners have transformed the wealth gap debate by popularizing the concept of a financially elite 1 percent. They framed the issue of income inequality in terms that ordinary people could grasp. Using tax records, they...

  • Massachusetts homes sales down in March

    BOSTON (AP) — Massachusetts homeowners still appear reluctant to put their houses on the market, driving sales volume down and prices up last month, two organizations that track the real estate market said Wednesday. The number of single-family homes sold dropped almost 12 percent in March...

  • A stock rally falters as US earnings disappoint

    NEW YORK (AP) — The stock market is slightly lower after a six-day advance as several U.S. companies report disappointing earnings. Norfolk Southern, Procter & Gamble and Avery Dennison fell after reporting their latest quarterly results. Intuitive Surgical dropped 9 percent after the...

  • Sales of new US homes plunge 14.5 percent in March

    WASHINGTON (AP) — The number of Americans buying new homes plummeted in March to the slowest pace in seven months, a sign that real estate's spring buying season is off to a weak start. The Commerce Department said Wednesday that sales of new homes declined 14.5 percent last month to a...

  • Europe recovery shows signs of strengthening

    FRANKFURT, Germany (AP) — A closely watched survey has found business activity across the 18-country eurozone running at a three-year high, in perhaps the clearest sign yet that the economic recovery is gaining momentum. Analysts say Wednesday's positive data could take some of the pressure...

  • Reynolds American 1Q profit falls more than 28 pct

    RICHMOND, Va. (AP) — Reynolds American Inc.'s first-quarter profit fell more than 28 percent as the company sold fewer cigarettes and spent more on expanding its electronic cigarette brand and legal costs. The nation's second-biggest tobacco company on Wednesday reported earnings of $363...



From the Weekly Standard

  • Why the New York Times Poll Is Bogus

    The Arkansas Senate race has been close in virtually every serious poll. The Republican challenger, Tom Cotton, probably had a small lead a month or so ago; after a massive negative assault on him...

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  • Hustle Is Overrated

    The Bryce Harper-Mike Trout showdown is underway and the outcome is, well, inconclusive. In round one Monday night, the Nationals leftfielder walked and went hitless in three at bats while the...

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  • Kennedy’s Question

    We often think of the Constitution as a two-part document: first the original 1787 text, which primarily establishes the government’s structure; and then the amendments, which primarily set...

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