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More Economy Articles

  • New rules established for NY debt collection cases

    ALBANY, N.Y. (AP) — New York court administrators have adopted new filing requirements for debt collectors meant to prevent unfair claims and defaults in credit card collection cases against consumers. New rules announced Tuesday require creditors to submit affidavits with detailed proof of the...

  • Speculation swirls over Fed language on rate hike

    WASHINGTON (AP) — When the Federal Reserve issues a policy statement after it meets this week, the financial world will be on high alert for two words: "Considerable time." The presence or absence of that phrase will trigger a rush to assess the likely timing of the Fed's first increase in...

  • Jindal lays out a 2016 campaign agenda, decision in November

    Declaring that "there is no reason to be coy," populist Republican Louisiana Gov. Bobby Jindal on Tuesday presented a meaty agenda that could become his 2016 presidential platform.

  • US stocks turn higher at midday

    NEW YORK (AP) — U.S. stocks are turning higher at midday with energy companies leading the gains. The Standard & Poor's 500 index rose 11 points, or 0.6 percent, to 1,995 at 12:03 p.m. Eastern time Tuesday. The Dow Jones industrial average gained 83 points, or 0.5 percent, to 17,116. The...

  • US CEOs less optimistic about hiring, spending

    WASHINGTON (AP) — Optimism among chief executives at the largest U.S. companies fell in the July-September quarter after reaching a two-year high in the previous quarter. The Business Roundtable said Tuesday that its CEO outlook index fell to 86.4 in the third quarter, down from 95.4 in the...

  • Poverty fell in 2013, but incomes haven't recovered from the recession

    The share of Americans officially living in poverty in 2013 was 14.5 percent, down from 15 percent in 2012.

  • Fed looks beyond stimulus to timing of interest rate increases

    Chairwoman Janet Yellen and the Fed's monetary policy committee will meet this week. The Fed will decide how long it will wait to raise short-term interest rates after reducing purchases of Treasury and mortgage-backed securities to zero.

  • Once-troubled reverse mortgages poised for rebound

    WASHINGTON (AP) — Advertised as a path to an affordable retirement, federally insured reverse mortgages are showing signs of a rebound, drawing the scrutiny of regulators seeking to reduce historically high default rates that have cost the government billions. Industry analysts expect strong...

  • US wealth gap putting the squeeze on state revenue

    WASHINGTON (AP) — Income inequality is taking a toll on state governments. The widening gap between the wealthiest Americans and everyone else has been matched by a slowdown in state tax revenue, according to a report being released Monday by Standard & Poor's. Even as income for the affluent...

  • U.S. tax system ranks near bottom among developed nations

    The United States has the third least competitive tax system among developed nations, according to a new ranking of countries' tax codes.

  • US factory output drops 0.4 percent in August

    WASHINGTON (AP) — U.S. manufacturing output declined in August for the first time in seven months, reflecting a sharp fall in production at auto plants that was due mainly to seasonal adjustment problems. Output at manufacturing plants fell 0.4 percent in August after a 0.7 percent rise in...

  • America's incredible shrinking labor force

    The non-partisan Congressional Budget Office released a new report projecting that labor force participation has not hit bottom yet.

  • White House touts TARP on anniversary of Lehman Bros. failure

    "Today, it is clear that the TARP program was a success," Obama economic adviser Jeffrey Zients wrote in a blog post published Monday morning.

  • Corporate America heads for the exits

    Corporate "inversions" are a problem that President Obama might find intractable, given a corporate tax system that most people agree is outdated and in urgent need of drastic reform at a time when Congress is too divided to fix it.

  • Fiscal hawks' problem: Shrinking debt

    The Treasury faces a long-term budget hole as rising healthcare, Social Security and interest payments take their toll.



From the Weekly Standard

  • All Together Now

    Republican voters are down on the sluggish GOP officials they elected, and the officeholders whine about the unreasonable people who voted for them. Republican backbenchers complain about their...

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  • Millennial Mongers

    As far as newspaper corrections go, it was a whopper. On August 24, the editors of the New York Times sucked the air out of a windy essay that had blown through its pages a few days before. The...

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  • Go Big or Go Home

    Big ideas sometimes play a role in political campaigns, but not in this year’s midterm elections. Republican candidates concentrate on linking their opponents to President Obama and his policies....

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