More Economy Articles

  • Obama, Biden to announce $600M for job grants

    WASHINGTON (AP) — President Barack Obama and Vice President Joe Biden are hitting the road to trumpet $600 million in new competitive grants to spur creation of targeted training and apprenticeship programs that could help people land well-paying jobs. They are making the announcement...

  • China's growth slows to 7.4 percent in 1Q

    BEIJING (AP) — China's economic growth slowed further in the latest quarter but appeared strong enough to satisfy Chinese leaders who are trying to put the country on a more sustainable path without politically dangerous job losses. The world's second-largest economy grew 7.4 percent from a...

  • US declines to name China a currency manipulator

    WASHINGTON (AP) — The Obama administration is raising concern about the value of China's currency but is declining, as in recent years, to accuse Beijing of manipulating it. The administration also expressed concern Tuesday about South Korea's actions in currency markets and about countries...

  • Obama talks about pay gap, but then punishes working mothers

    If President Obama truly cares about fair compensation for women, he should stop penalizing mothers in the federal workforce every time it snows. Allowing private employers to give working moms more flexible hours would help, too. Alternatively, Obama could handle the wage gap by repeating...

  • Stocks end higher, extending a modest rally

    NEW YORK (AP) — Stocks managed to close with modest gains on Wall Street after a day of up-and-down trading. Coca-Cola rose 4 percent after reporting higher sales of non-carbonated beverages. Johnson & Johnson rose 2 percent after its income rose. Toll Brothers and other homebuilders fell...

  • US stocks turn higher in choppy trading

    Major U.S. stock indexes are turning higher in the late afternoon as the market shuffles between gains and losses. Johnson & Johnson and Coca-Cola rose after reporting encouraging quarterly results, but homebuilders fell following a survey showing weak sentiment among builders. Apple and Netflix...

  • Janet Yellen signals more aggressive stance toward banks

    WASHINGTON (AP) — The Federal Reserve may be about to turn more aggressive in its regulation of the financial system. Fed Chair Janet Yellen suggested Tuesday that current regulatory rules might not be enough to prevent the kind of risk-taking that triggered the 2008 financial crisis and...

  • Pet boom in Mexico amid rising middle class

    MEXICO CITY (AP) — The growth of Mexico's middle class is creating a new market for fancy goods and services for dogs. Those include clothing and accessory boutiques, spas and restaurants with doggie snacks cooked by a pastry chef. It's a startling cultural shift in a country where a dog's...

  • US stocks drift lower at midday; Homebuilders sink

    NEW YORK (AP) — U.S. stocks are moving lower in midday trading, giving up an early gain. Beazer Homes, Ryland Group and other homebuilder stocks fell after a survey showed that the industry's confidence in the housing market remains low. Coca-Cola rose after reporting higher sales of...

  • US homebuilder confidence edges up in April

    WASHINGTON (AP) — U.S. homebuilders' confidence in the housing market rose modestly in April but remained at low levels for the third straight month, constrained by tight credit for home buyers and a shortage of workers and available land. The National Association of Home Builders/Wells Fargo...

  • US consumer prices up a slight 0.2 pct. in March

    WASHINGTON (AP) — Lower U.S. gasoline prices kept consumer inflation in check last month, helping to offset higher costs for food and clothing. The Labor Department said Tuesday that the consumer price index rose 0.2 percent in March, after scant 0.1 percent increases in the previous two...

  • Stocks head higher in early trade; J&J gains

    NEW YORK (AP) — Stocks are opening higher on Wall Street as big-name U.S. companies turn in their latest financial results. Johnson & Johnson and Coca-Cola both rose after reporting their earnings from the first quarter of the year. The Standard & Poor's 500 index rose nine points, or 0.5...

  • Inflation rebounds in March to 1.5 percent annually, quieting fears of disinflation

    Inflation rebounded in March to 1.5 percent year-over-year, the Bureau of Labor Statistics reported Tuesday, in a development that will help allay fears that the economy is too weak to prevent ongoing disinflation despite the Federal Reserve's stimulus efforts. Headline inflation had slowed to...

  • State economy showdown: Rick Perry, Scott Walker, Mike Pence vs. Chris Christie

    A new report that gauges the economic future of all 50 states could weigh on the 2016 GOP primaries by showing that low tax states such as Indiana, Texas and Wisconsin have a much better outlook than high taxers like New Jersey.

  • Oregon employers report big boost in vacancies

    Oregon employers are reporting 10,000 more job vacancies than they had a year ago and more trouble finding the right candidates, leading to higher wages, according to a report released Monday by the Oregon Employment Department.



From the Weekly Standard