03/04/14 08:15 AM
WASHINGTON (AP) — U.S. home prices rose in January after three months of declines. A tight supply of homes might have helped boost prices and offset sales slowed by cold weather. Real estate data provider CoreLogic says prices rose 0.9 percent in January after dipping 0.1 percent in December....
By Alan Fram | 03/04/14 08:08 AM
President Obama is unwrapping a nearly $4 trillion budget that gives Democrats an election-year playbook for fortifying the economy and bolstering Americans' incomes. It also underscores how pressure has faded to launch bold, new attacks on federal deficits.
By Christopher S. Rugaber | 03/04/14 08:02 AM
Real estate data provider CoreLogic says prices rose 0.9 percent in January after dipping 0.1 percent in December. Over the past 12 months, home prices have risen 12 percent, the biggest year-over-year gain in more than eight years.
03/04/14 07:30 AM
The price of crude oil dropped sharply Tuesday after a big jump the day before over concern that Russia's military advance into Ukraine could result in economic sanctions against one of the world's major energy suppliers. By early afternoon in Europe, benchmark U.S. crude for April delivery was...
03/04/14 07:00 AM
FORT LAUDERDALE, Fla. (AP) — AutoNation Inc.'s February new vehicle sales climbed 4 percent from a year earlier. The country's biggest automotive retailer said Tuesday that it sold 21,987 new vehicles during the month — which was its highest February total since 2007. Domestic vehicle...
By Joseph Lawler | 03/03/14 08:56 PM
Ahead of Tuesday's release of President Obama's budget request for fiscal year 2015, the White House is drawing attention to the tax cuts that will be included in the plan.
By Joseph Lawler | 03/03/14 03:55 PM
The House Budget Committee under Chairman Rep. Paul Ryan released an assessment of the federal safety net Monday that casts skepticism on many of its features and sets the stage for the Wisconsin Republican to offer plans for major changes. The report, titled “The War on Poverty: 50 Years...
By Joseph Lawler | 03/03/14 11:00 AM
Bill Gates has reclaimed the top ranking in Forbes' magazine's list of world billionaires, ending Mexican communications magnate Carlos Slim Helu's four-year tenure as the richest man in the world. The net worth of the Microsoft founder and philanthropist soared to $76 billion in 2013,...
03/03/14 09:29 AM
TOKYO — The Tokyo bitcoin exchange that filed for bankruptcy protection blamed theft through hacking for its losses Monday, and said it was looking into a criminal complaint. In an announcement posted on the Mt. Gox exchange's website, CEO Mark Karpeles outlined the events that resulted in...
By Associated Press | 03/03/14 09:26 AM
U.S. manufacturing activity expanded more quickly last month as companies received more orders and boosted their stockpiles. But a measure of production fell to its lowest level in nearly five years, likely a casualty of severe winter weather.
By Associated Press | 03/03/14 09:05 AM
Investor Warren Buffett says the economy continues the steady improvement that began in fall of 2009 and he remains optimistic despite Russia's advance into Ukraine.
By Martin Crutsinger | 03/03/14 08:35 AM
Americans spent more in January, but the increase came from a surge in spending on heating bills during the harsh winter. Spending in areas such as autos and clothing declined.
By Joseph Lawler | 03/03/14 07:51 AM
A jam-packed week for economics-related news in Washington is threatened by Winter Storm Titan, which is bearing down on the Mid-Atlantic region. Here’s what’s on the schedule: House budget Committee Chairman Paul Ryan, R-Wisc., is scheduled to publish a report Monday criticizing the U.S....
By Sardul Singh Minhas | 03/01/14 07:22 PM
India is an important natural ally of the United States, with shared roots in democracy and an ongoing turn toward a free-market economy. It will also be an increasingly powerful -- India is projected by HSBC Bank to have the world’s third-largest economy in 2050. But India is at...
By Associated Press | 03/01/14 01:37 PM
The Wisconsin state Senate is scheduled to vote Tuesday on Gov. Scott Walker's proposed property and income tax cut plan.
By Paul Bedard | 03/09/14
By Joel Gehrke | 03/08/14
By Joel Gehrke | 03/08/14
By Charlie Spiering | 03/09/14
By Philip Klein | 03/06/14