More Economy Articles

  • Rates mixed at weekly US Treasury auction

    WASHINGTON (AP) — Interest rates on short-term Treasury bills were mixed in Monday's auction with rates on three-month bills rising slightly and rates on six-month bills unchanged. The Treasury Department auctioned $25 billion in three-month bills at a discount rate of 0.035 percent, up from...

  • Is hot market for IPOs cooling?

    NEW YORK (AP) — A hot market for initial public offerings may soon face a cooler reception from investors. IPOs are having their best start to a year since 2000. Eighty-nine companies have raised $19 billion through sales of new stock so far in 2014, according to Dealogic. But demand for more...

  • US stocks recover some ground on retail sales gain

    U.S. stocks mounted a modest rally on Monday, helping investors recover some of the ground lost after a rough finish last week. Investors were bracing for another round of discouraging earnings and a third consecutive loss for the stock market. But the market pushed higher from the get-go...

  • WebMd and Citigroup are big market movers

    NEW YORK (AP) — Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE Edwards Lifesciences Corp., up $8.03 to $81 A court reaffirmed an earlier ruling that Medtronic's CoreValve system infringes on a patent held by the...

  • US stocks gain following a pickup in retail sales

    NEW YORK (AP) — Stocks are closing higher, clawing back some of the ground they lost last week, as investors were encouraged by solid earnings from Citigroup and a pickup in retail sales last month. The government reported earlier Monday that U.S. retail sales notched their biggest increase...

  • Congressional Budget Office projects deficit to fall to $492 billion in 2014

    The Congressional Budget Office projected Monday that the federal deficit will fall to $492 billion for fiscal 2014. At just 2.8 percent of gross domestic product, that would be the smallest budget shortfall as a share of the economy since 2007, and a significant drop from last year's $680...

  • US businesses increased stockpiles 0.4 percent

    WASHINGTON (AP) — U.S. businesses boosted their stockpiles in February as sales rebounded by the largest amount in nine months. Stockpiles increased 0.4 percent in February following a similar 0.4 percent increase in January, the Commerce Department reported Monday. Sales rose 0.8 percent in...

  • US retail sales up strong 1.1 percent in March

    WASHINGTON (AP) — U.S. retail sales in March rose by the largest amount in 18 months, led by strong gains in sales of autos, furniture and a number of other products. The 1.1 percent jump reported by the Commerce Department on Monday was the best showing since September 2012. The government...

  • Oil price seesaws near $104 amid Ukraine tensions

    The price of crude oil was volatile around $104 a barrel on Monday amid escalating tensions in Ukraine. By early afternoon in Europe, benchmark U.S. crude for May delivery was down 11 cents to $103.63 a barrel in electronic trading on the New York Mercantile Exchange. Earlier Monday, the...

  • The week ahead in economics: France's Thomas Piketty, inflation and Janet Yellen

    While members of Congress are out of Washington this week, the French economist Thomas Piketty will be visiting to spread ideas that could become influential both in the U.S. and around the world.

  • Iowa hires nearly 400 without advertising the jobs

    DES MOINES, Iowa (AP) — At least 386 state employees have been hired by Gov. Terry Branstad's administration without advertising the positions, but this is not a new practice in Iowa. Critics told the Des Moines Register (http://dmreg.co/1nlFjJ9 ) the practice makes it easier for friends and...

  • Janet Yellen's 'low-flation' nonsense

    Will somebody please explain to me how rising inflation is somehow going to extricate us from the tepid economic recovery? I don't get it. It used to be hypothesized that low inflation was the key to high economic growth. For everybody in the economy, low inflation was a tax cut. Conversely,...

  • Kathleen Sebelius: Administration was 'flat-out wrong' that exchanges would be ready

    Former Health and Human Services secretary Kathleen Sebelius acknowledged in an interview aired Sunday that the Obama administration was "flat-out wrong" that the health insurance exchanges created by the new health care law would be ready on Oct. 1 of last year. Sebelius, who stepped down...

  • Samantha Power: Ukraine attacks bear 'telltale signs of Moscow's involvement'

    United States Ambassador to the United Nations Samantha Power suggested Sunday that the Russian government is behind recent escalation of the crisis in Ukraine involving gunfights between Ukrainian government forces and Russian protesters. Powers said in an appearance on ABC that those clashes...

  • DCCC Chairman Steve Israel: Elements of the GOP base are 'motivated by racism'

    Democratic Congressional Campaign Committee Chairman Steve Israel said Sunday that Republican racial animus was to blame for several controversies dogging Congress and the White House.



From the Weekly Standard

  • Kristol Podcast: The GOP's Prospects in 2014 & 2016

    THE WEEKLY STANDARD Podcast with editor William Kristol on the GOP's prospects in 2014 and 2016. This podcast can be downloaded here . Subscribe to THE WEEKLY STANDARD's iTunes podcast...

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  • Monotony Motors

    Anyone who’s ever misplaced the family car in a parking lot at the mall must surely sense that we are not living in a golden era of automobile design. Gazing in panic out across that vast tar...

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  • ‘Core’ Al Qaeda Gathering in Yemen

    A video of a large al Qaeda gathering in Yemen has raised eyebrows in the press. Nasir al Wuhayshi, the head of al Qaeda in the Arabian Peninsula (AQAP), as well as general manager of al...

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