More Economy Articles

  • Treasury: New tax changes to stop inversions

    In a highly anticipated executive action, Lew said the Treasury Department was taking "initial steps that we believe will make companies think twice" about moving their headquarters abroad for tax purposes.

  • US existing home sales fall in August

    WASHINGTON (AP) — Fewer Americans bought homes in August, as investors retreated from real estate and first-time buyers remained scarce. Sales of existing homes fell 1.8 percent to a seasonally adjusted annual rate of 5.05 million, the National Association of Realtors said Monday. That snaps a...

  • US stocks open lower on weakness in China

    NEW YORK (AP) — U.S. stocks are opening lower as investors worry about some soft economic data from China and a profit warning by the British retailer Tesco. The Dow Jones industrial average fell 19 points, or 0.1 percent, to 17,259 as of 9:35 a.m. Eastern time Monday. The Standard & Poor's...

  • New bank rule would be costly for cities, states

    The liquidity coverage rule would require banks to hold enough safe, liquid assets that would be sellable even in a crisis to fund their operations for at least 30 days.

  • Immigration reformers should learn from history

    The problem, says British-born, California-based historian Gregory Clark, is that upward mobility is something of a myth, in America and elsewhere.

  • Obama relies on wishful thinking to avoid debt troubles

    Given the realities of the global environment, it is a far safer bet to assume that the U.S. will be required to spend something closer to the post-war average on national security than the historically low amounts built into Obama administration budget plans.

  • Improving job market complicates push to renew unemployment benefits

    "In December, it was an open-and-shut case" to continue the program, said Michael Strain, an economist at the right-of-center American Enterprise Institute. "At this point, it's a much harder call to make."

  • The return of King Dollar

    For those who haven't been paying attention, the American dollar is in the midst of a rally not seen since the 1990s. It's racing past the euro, the yen and other currencies. Investors worldwide are buying the equivalent of stock in America, Inc.

  • Manufacturing in Ohio seeing slow, steady growth

    TOLEDO, Ohio (AP) — Ohio's identity is tied in many ways to what it has made for generations — steel, cars, glass, tires and, yes, even footballs. While manufacturing alone no longer dominates the state's economy, its fortunes and the fate of its political leaders still rise and fall with the...

  • Castro: Hispanics key to US housing sector future

    AUSTIN, Texas (AP) — The nation's housing secretary says a booming Hispanic population will drive the future of America's residential real estate market and predicts that a major overhaul of federal immigration laws would create a further boon to home sales across the country. Julian Castro,...

  • A quick look at manufacturing jobs in Ohio

    Annual number of manufacturing employees in Ohio since 2000: ___ 2000 — 1,023,000 2001 — 955,000 2002 — 884,000 2003 — 845,000 2004 — 823,000 2005 — 812,000 2006 — 796,000 2007 — 771,000 2008 — 739,000 2009 — 629,000 2010 — 620,000 2011 — 638,000 2012 — 656,000 2013 — 662,000 ___...

  • Disrupting the student loan bubble

    Government policies to extend student loans to help cover the cost of college are creating the very problem they purport to solve. Easy credit drives up the demand for higher education, which in turn drives up the price.

  • As Wall Street watches Alibaba, stocks drift

    NEW YORK (AP) — With Wall Street focused on the debut of Alibaba Group, the stock market drifted into the weekend and major indexes ended little changed. Investors watched as the Chinese e-commerce giant surged 38 percent Friday, in its first day of trading on the New York Stock Exchange....

  • Greece: New bailout 'out of the question'

    ATHENS, Greece (AP) — Greece's finance minister said Friday that his country will not seek additional rescue funds from other eurozone countries after bailout loans are completed this year, despite concerns from rescue lenders that an early general election could unravel years of painful...

  • Colorado loses 700 jobs but unemployment rate dips

    DENVER (AP) — State officials say Colorado lost 700 jobs in August but the unemployment rate dropped as the labor force shrank. The Colorado Department of Labor and Employment said Friday all the losses came in private sector payroll jobs. The unemployment rate fell from 5.3 percent in July to...

From the Weekly Standard