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  • VIDEO: Biden announces $450 million in job training grants

    Vice President Joe Biden, joined by Secretary of Education Arne Duncan and Secretary of Labor Thomas Perez, announced the winners of $450 million in job training grants.

  • Student loans may drag down economy for years

    Soaring levels of student loan debt are not only burdening recent graduates but have created entire generations that aren't able to save and invest, potentially hurting long-term economic growth.

  • US consumer spending up 0.5 percent in August

    WASHINGTON (AP) — Americans boosted spending by a healthy amount in August, offering welcome evidence that the economy is on solid footing heading into the final quarter of the year. Consumer spending in August rose 0.5 percent from the previous month after showing no gain in July, the Commerce...

  • World faces slow growth or another crisis, former central bankers warn

    The Geneva Report on the World Economy published Monday notes that, contrary to popular belief, the world is becoming more indebted in the wake of the debt-fueled 2008 financial crisis, not less.

  • Contracts to buy US homes slide in August

    WASHINGTON (AP) — Fewer Americans signed contracts to buy homes in August, suggesting that real estate sales will remain sluggish over the next few months. The National Association of Realtors said Monday that its seasonally adjusted pending home sales index fell 1 percent over the past month...

  • US stocks open lower, following drops overseas

    NEW YORK (AP) — U.S. stocks are opening sharply lower, following losses overseas. Asian markets closed mostly lower as investors fretted over the pro-democracy protests in Hong Kong, where the main Hang Seng index fell 1.9 percent The Dow Jones industrial average fell 153 points, or 0.9...

  • US trade secretary seeks more business with Poland

    WARSAW, Poland (AP) — Even as the U.S. and European Union seek a major free trade deal, Poland and the U.S. should intensify their commercial ties in areas ranging from construction to energy security, U.S. Secretary for Commerce Penny Pritzker said Monday. Pritzker told a meeting of Polish and...

  • Think Tanks: Massachusetts cuts out the middlemen

    Mytheos Holt for the R Street Institute: High-end electric car consumers, rejoice. If you want to buy one of the famous Tesla cars and you live in Massachusetts, you can now do exactly that. Massachusetts’ Supreme Judicial Court decided to lift the ban on Tesla sales within the state, following...

  • Economy expected to continue steady recovery

    Economists see steady growth but remain mixed on their outlook for the health of different segments of the U.S. economy. Investments by businesses and government, as well as international trade activity, will grow at a faster rate than previously forecast, according to a survey released Monday...

  • Obama: Democrats will hold the Senate

    President Obama predicted that Democrats would be able to hold majority control of the Senate in the critical midterm elections this November and said his record of fixing the economy is better than any other world leader's.

  • Cuba begins to unite private enterprise, tourism

    HAVANA (AP) — Cuba's state-run tourism industry increasingly is doing business with the country's new class of private entrepreneurs, trying to improve quality of food and lodging while maintaining a grip on the sector's biggest sources of foreign exchange. One of the country's highest tourism...

  • As families flee coal country, schools struggle

    PIKEVILLE, Ky. (AP) — Eastern Kentucky and West Virginia public school districts are grappling with declining enrollments as the area loses population amid the declining coal industry. Eastern Kentucky's public school districts have lost more than 12,000 students since the 1999-2000 school...

  • FBI warns cyber sabotage, extortion by disgruntled employees rising

    The FBI has engaged in numerous "significant" investigations in recent months involving employees who used their access to company servers to destroy data, steal customer information, make unauthorized charges to company accounts and steal trade secrets.

  • Economy's Q2 rebound was even faster than thought

    WASHINGTON (AP) — The U.S. economy's bounce-back last quarter from a dismal winter was even faster than previously thought, a sign that growth will likely remain solid for rest of the year. The economy as measured by gross domestic product grew at a 4.6 percent annual rate in the April-June...

  • EU-Canada trade deal has been finalized

    OTTAWA, Ontario (AP) — A major trade agreement with Canada has the backing of all 28 EU countries after last minute opposition from Germany had threatened to scuttle the deal, European Union leaders said Friday. European Commission President Jose Manuel Barroso and European Council President...



From the Weekly Standard