08/19/14 09:30 AM
ILION, N.Y. (AP) — Two New York state lawmakers say more than 100 workers at the Remington Arms manufacturing plant in the Mohawk Valley are being laid off as the company shifts two of its assembly lines to Alabama. Sen. James Seward of Oneonta and Assemblyman Marc Butler of Herkimer County...
By Joseph Lawler | 08/19/14 09:17 AM
Although consumer inflation, as measured by the Consumer Price Index, slowed in July, it also has now been above 2 percent annually for longer than any time since 2012.
08/19/14 09:00 AM
WASHINGTON (AP) — U.S. consumer prices rose in July at the slowest pace in five months, held back by a drop in gasoline prices. Consumer prices edged up a seasonally adjusted 0.1 percent last month, after larger gains of 0.3 percent in June and 0.4 percent in May, the Labor Department reported...
08/18/14 11:45 PM
BEIJING (AP) — Asian stocks were mostly higher Tuesday after U.S. markets rose on news of diplomatic efforts to broker a cease-fire in Ukraine. KEEPING SCORE: Tokyo's Nikkei 225 index rose 0.9 percent to 15,465.61, Hong Kong's Hang Seng was up 0.2 percent at 25,002.34 and Seoul's Kospi added...
By Lawrence Kudlow | 08/18/14 08:40 PM
The sooner we truly give up on Keynesianism, the sooner we can fix this economy.
By Joseph Lawler | 08/18/14 04:29 PM
A bipartisan group of Congress' most vocal lawmakers on matters of financial regulation is challenging Federal Reserve Chairwoman Janet Yellen over the central bank's commitment to avoiding future bailouts.
By Ed Sykes | 08/18/14 04:17 PM
This week could be set the tone for the future of the U.S. and international monetary policy, as the world's central bank leaders meet for an annual conference in Jackson Hole, Wyo.
08/18/14 04:15 PM
NEW YORK (AP) — A bidding contest for a discount retailer and easing concerns about Ukraine helped send U.S. stock indexes higher. The Dow Jones industrial average rose 175 points, or 1.1 percent, to close at 16,838 Monday. The Standard & Poor's 500 index rose 16 points, or 0.9 percent, to...
08/18/14 04:00 PM
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...
08/18/14 01:00 PM
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...
By Michael Barone | 08/18/14 12:51 PM
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?
08/18/14 12:30 PM
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...
08/18/14 12:00 PM
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...
08/18/14 12:00 PM
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 —...
08/18/14 11:30 AM
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...
By Byron York | 08/18/14
By Susan Crabtree | 08/19/14
By Ashe Schow | 08/19/14
By Susan Crabtree | 08/20/14
By Paul Bedard | 08/20/14