By Joseph Lawler | 09/18/14 04:10 PM
In an abbreviated replay of past Republican pre-election agendas, House Speaker John Boehner on Thursday laid out a plan for the GOP to boost economic growth with a combination of old-school conservative policies such as reforming taxes and cutting spending as well as newer priorities.
09/18/14 04:00 PM
ST. LOUIS (AP) — Illinois' unemployment fell in August to 6.7 percent, the sixth straight monthly decrease in the state's jobless rate, the Illinois Department of Employment Security said Thursday. The latest figure, down one-tenth of a percentage point from July, represents a drop from 9.2...
09/18/14 03:45 PM
WASHINGTON (AP) — The number of jobs at U.S. airlines keeps growing — although slowly — as some of them post record profits. The U.S. Department of Transportation said Thursday that the nation's passenger airlines employed the equivalent of 386,243 full-time workers in July, up 1.3 percent from...
09/18/14 01:30 PM
WASHINGTON (AP) — Strong stock market gains and higher home prices boosted Americans' net worth in the April-June quarter to a record high, a trend that could encourage more spending. U.S. households also took on the most new debt in five years, driven mostly by student and auto loans. More...
By Sean Higgins | 09/18/14 01:14 PM
Rep. Sander Levin, D-Mich., called the Trans-Pacific Partnership, a major trade deal the U.S. is negotiating with 12 Pacific Rim countries, to include an exception stating that tobacco products would not have the same legal protections as other trade items under the agreement.
09/18/14 12:30 PM
MADISON, Wis. (AP) — Wisconsin ranked 33rd in private-sector job creation for the 12-month period ending in March, based on federal data released Thursday, the last update of its kind before the November election. Gov. Scott Walker's record on job-creation has been a major issue as he seeks...
09/18/14 12:00 PM
WASHINGTON (AP) — The nation's economic recovery has been slow to reach the Philadelphia metropolitan area and income inequality has widened, hurt in part by an exodus of residents and a continued collapse in mid-wage jobs. Across the U.S., many metropolitan areas saw declines in median...
09/18/14 11:45 AM
BOSTON (AP) — The worker revolt at the Market Basket supermarket chain appears to have caused a ripple effect in the Massachusetts economy, with the state reporting Thursday that several thousand jobs were lost in August, largely because of "temporary employment disruptions" in the retail...
By Joseph Lawler | 09/18/14 11:38 AM
Ryan, the presumed successor to retiring Ways and Means Committee chairman Dave Camp if the GOP holds the House of Representatives in November, said Thursday that "there are two things that we are working on right now" to help him succeed where Camp fell short in pushing comprehensive tax reform.
09/18/14 10:46 AM
WASHINGTON (AP) — Record-low interest rates will be around for at least a few more months, the Federal Reserve made clear Wednesday. Enjoy the easy money while it lasts. By mid-2015, economists expect the Fed to abandon a nearly 6-year-old policy of keeping short-term rates at record lows....
09/18/14 10:46 AM
WASHINGTON (AP) — U.S. home construction plunged in August, led by steep decline in the volatile apartment category. But single-family house construction, a larger and more stable portion of the market, fell only modestly. Construction fell 14.4 percent in August to a seasonally adjusted annual...
By Jared Meyer | 09/18/14 10:33 AM
For a limited time, Hailo is lowering its fares during work hours, but price isn't the biggest advantage ridesharing services like Uber have over the traditional cab.
By Joseph Lawler | 09/18/14 10:18 AM
The Fed chairwoman noted that families are still struggling in the wake of the recession, even though the economy has steadily, if slowly, improved.
By Joseph Lawler | 09/17/14 07:42 PM
Hope for reforming Fannie Mae and Freddie Mac dims as Congress finishes up its business before the November elections, even as administration officials intensify the push to fix housing finance and boost home lending.
09/18/14 01:45 AM
SEOUL, South Korea (AP) — Asian stock markets mostly fell Thursday after the U.S. Federal Reserve increased its estimate for the level of the central bank's benchmark interest rate by the end of 2015, surprising investors who expected a slower pace of rate hikes. KEEPING SCORE: Hong Kong's Hang...
By Ashe Schow | 09/19/14
By Becket Adams | 09/19/14
By Becket Adams | 09/19/14
By Justin Green | 09/20/14
By Byron York | 09/19/14