More Economy Articles

  • Rates at weekly US Treasury bill auction unchanged

    WASHINGTON (AP) — Interest rates on short-term Treasury bills were unchanged in Monday's auction. The Treasury Department auctioned $29 billion in three-month bills at a discount rate of 0.030 percent, unchanged from last week. Another $25 billion in six-month bills was auctioned at a discount...

  • Google's pivotal IPO launched a decade of big bets

    SAN FRANCISCO (AP) — Google's IPO, a decade ago this week, launched the company on a trajectory that continues to reshape its business and much of the world in its orbit. And CEO Larry Page is determined to push even further. Page's vision is that Google's products and services will become the...

  • The inevitable and tragic decline of Italy

    Italy has very low birth rates and one of the world's toughest laws limiting employers' ability to fire employees. Those are goals of the environmental left and the social democratic left. So how well is that working out?

  • Unemployment rises in most US states in July

    WASHINGTON (AP) — Unemployment rates rose in 30 U.S. states last month, even as employers in two-thirds of the states stepped up hiring. The trends reflect an increase in job-hunters nationwide as an improving economy has encouraged more people to seek work. The Labor Department said Monday...

  • US stocks move higher; Family Dollar jumps

    NEW YORK (AP) — U.S. stocks are moving higher, following big gains in Europe and the latest moves in corporate dealmaking. A bidding war for Family Dollar sent that company's stock higher. Family Dollar rose 5 percent after Dollar General offered to pay about $9 billion for the discounter in an...

  • Report: Cost to raise today's child tops $245,000

    WASHINGTON (AP) — A child born in 2013 will cost a middle-income American family an average of $245,340 until he or she becomes an adult, with families living in the Northeast taking on a greater burden, according to a report out Monday. Those costs — food, housing, childcare and education —...

  • US homebuilder confidence rises in August

    U.S. homebuilders are feeling more confident in their sales prospects headed into next year, a sign that home construction and sales of newly built homes may pick up after stalling this summer. The National Association of Home Builders/Wells Fargo builder sentiment index released Monday rose...

  • Haves, have-nots divided by apartment poor doors

    NEW YORK (AP) — One new Manhattan skyscraper will greet residents of pricey condos with a lobby in front, while renters of affordable apartments that got the developer government incentives must use a separate side entrance — a so-called poor door. In another apartment house, rent-regulated...

  • Bourbon production reaches high point since '70s

    LOUISVILLE, Kentucky (AP) — Kentucky bourbon makers are making a big bet by stashing away their largest stockpiles in more than a generation. To put it in bartenders' lingo: Distillers are putting up the tab for millions of rounds of bourbon years before they are even ordered. The production...

  • US stocks open higher; Family Dollar jumps

    NEW YORK (AP) — U.S. stocks are opening higher, following gains in Europe. The Dow Jones industrial average rose 94 points, or 0.6 percent, to 16,757 as of 9:34 a.m. Eastern time Monday. The Standard & Poor's 500 index rose 10 points, or 0.5 percent, to 1,965. The S&P 500 rose 1.2 percent last...

  • Janet Yellen's ideas are about to be put to the test

    Federal Reserve Chairwoman Janet Yellen is ready to commit to her belief that the central bank can keep money loose without stoking the kind of inflation that would raise the costs of everything for ordinary Americans.

  • AAA Michigan: Gas prices fall 9 cents in past week

    DEARBON, Mich. (AP) — AAA Michigan says gasoline prices in the state dropped about 9 cents in the last week. The auto club says that the average price of a gallon of self-serve regular unleaded gasoline was $3.50 on Sunday. That's about 7 cents less than one year ago. Dearborn-based AAA...

  • Atlantic City fears closing casinos may be eyesore

    ATLANTIC CITY, N.J. (AP) — Before summer ends, Revel, Trump Plaza, the Showboat and the Atlantic Club will be shuttered ex-casinos, leaving Atlantic City officials looking for a way to avoid having dark, empty shells on its signature Boardwalk. Analysts and entrepreneurs tell The Associated...

  • Why global turmoil hasn't sunk US markets. Yet.

    NEW YORK (AP) — Europe appears on the brink of another recession. Islamic militants have seized Iraqi territory. Russian troops have massed on the Ukraine border, and the resulting sanctions are disrupting trade. An Ebola outbreak in Africa and Israel's war in Gaza are contributing to the gloom....

  • President Obama's zero-sum worldview

    We have a leader today who has a zero-sum worldview. It is not surprising that today's world, at home and abroad, increasingly shows these characteristics.



From the Weekly Standard

  • An Appalling Propaganda Ploy

    The Islamic State, an al Qaeda offshoot, has released a grisly video of one of its fighters beheading a man who appears to be James Foley, an American journalist who was kidnapped in Syria on...

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  • IS Threatens Another U.S. Journalist

    The Islamic State’s official media arm, Furqan Media, has just released a video showing the beheading of American photojournalist James Wright Foley. The terrorist organization claims that the...

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  • Fear Itself

    Julie Gunlock is one mother who’ll welcome the return of pink slime. As the Wall Street Journal reported recently, the beef product processed from scraps left over from butchered cattle all but...

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