Share

More Economy Articles

  • Asian stocks up as US data boost sentiment

    SEOUL, South Korea (AP) — Asian stock markets were mostly higher Thursday after a surge in new home sales in the U.S. bolstered sentiment. But gains were limited by worries about Europe's stagnant economy and violence in Iraq and Syria. KEEPING SCORE: Japan outperformed the region with the...

  • Treasury approved millions in raises to GM executives as taxpayers lost billions

    In addition to the millions for the top executives, Treasury approved more than $500,000 in pay for the top 47 senior employees at the companies, according to a report released Wednesday by Christy Romero, special inspector general for the Troubled Asset Relief Program.

  • US recover, shaking off a three-day slump

    NEW YORK (AP) — The stock market had its best day in a month, shaking off a three-day slump. The Dow Jones industrial average gained 154 points, or 0.9 percent, to 17,210 Wednesday. The Standard & Poor's 500 index rose 15 points, or 0.8 percent, to 1,998. The Nasdaq composite rose 46 points,...

  • White House readies minimum wage rule for contractors

    A posting on the Office of Management and Budget's website has indicated that the rulemaking is in its final stage, meaning the announcement could come within days.

  • Sales of US new homes soar in August

    WASHINGTON (AP) — U.S. sales of new homes surged in August, led by a wave of buying in the West and Northeast. The Commerce Department said Wednesday that new-home sales climbed 18 percent last month to a seasonally adjusted annual rate of 504,000. The report also revised up the July sales rate...

  • Treasury: New tax changes to stop inversions

    In a highly anticipated executive action, Lew said the Treasury Department was taking "initial steps that we believe will make companies think twice" about moving their headquarters abroad for tax purposes.

  • US existing home sales fall in August

    WASHINGTON (AP) — Fewer Americans bought homes in August, as investors retreated from real estate and first-time buyers remained scarce. Sales of existing homes fell 1.8 percent to a seasonally adjusted annual rate of 5.05 million, the National Association of Realtors said Monday. That snaps a...

  • US stocks open lower on weakness in China

    NEW YORK (AP) — U.S. stocks are opening lower as investors worry about some soft economic data from China and a profit warning by the British retailer Tesco. The Dow Jones industrial average fell 19 points, or 0.1 percent, to 17,259 as of 9:35 a.m. Eastern time Monday. The Standard & Poor's...

  • New bank rule would be costly for cities, states

    The liquidity coverage rule would require banks to hold enough safe, liquid assets that would be sellable even in a crisis to fund their operations for at least 30 days.

  • Immigration reformers should learn from history

    The problem, says British-born, California-based historian Gregory Clark, is that upward mobility is something of a myth, in America and elsewhere.

  • Obama relies on wishful thinking to avoid debt troubles

    Given the realities of the global environment, it is a far safer bet to assume that the U.S. will be required to spend something closer to the post-war average on national security than the historically low amounts built into Obama administration budget plans.

  • Improving job market complicates push to renew unemployment benefits

    "In December, it was an open-and-shut case" to continue the program, said Michael Strain, an economist at the right-of-center American Enterprise Institute. "At this point, it's a much harder call to make."

  • The return of King Dollar

    For those who haven't been paying attention, the American dollar is in the midst of a rally not seen since the 1990s. It's racing past the euro, the yen and other currencies. Investors worldwide are buying the equivalent of stock in America, Inc.

  • Manufacturing in Ohio seeing slow, steady growth

    TOLEDO, Ohio (AP) — Ohio's identity is tied in many ways to what it has made for generations — steel, cars, glass, tires and, yes, even footballs. While manufacturing alone no longer dominates the state's economy, its fortunes and the fate of its political leaders still rise and fall with the...

  • Castro: Hispanics key to US housing sector future

    AUSTIN, Texas (AP) — The nation's housing secretary says a booming Hispanic population will drive the future of America's residential real estate market and predicts that a major overhaul of federal immigration laws would create a further boon to home sales across the country. Julian Castro,...



From the Weekly Standard

  • House of Cards

    Boston

    Read More...
  • Another Fight Obama Shirks

    When it comes to military actions, President Obama likes to declare the end of wars, regardless of whether America’s opponents agree that is the case. When it comes to economic wars, he has no...

    Read More...
  • Second Time’s a Charm?

    Voters in Connecticut’s gubernatorial election this November will face a familiar choice as Republican Tom Foley squares off against Democrat Dan Malloy. Four years ago, in a nail biter for what...

    Read More...