More Economy Articles

  • High fees eroding many 401(k) retirement accounts

    WASHINGTON (AP) — It's the silent enemy in our retirement accounts: High fees. And now a new study finds that the typical 401(k) fees — adding up to a modest-sounding 1 percent a year — would erase $70,000 from an average worker's account over a four-decade career compared with lower-cost...

  • How is NY's economy? Governor candidates disagree

    ALBANY, N.Y. (AP) — Gov. Andrew Cuomo says New York has been on the right path during his term. Republican challenger Rob Astorino says New York is losing. Can both be right? With New York's economic condition an election-year issue, Cuomo claims the state reversed its decline in the last...

  • Finance ministers: Economy stronger but fragile

    WASHINGTON (AP) — The world's top financial officials say they believe the global economy is strengthening but that growth remains fragile and open to risks of new geopolitical strife, as in Ukraine. Rich countries have been helping power the recovery led by the United States and Britain, and...

  • Obama reiterates call for equal pay for women

    President Obama is making his case for equal pay for women — a leading election-year issue for Democrats.

  • Finance officials confident of global growth

    Finance officials from the world's major economies believe an ambitious goal to boost global growth by $2 trillion in the next five years is within reach despite a variety of threats, including rising tensions over Russia's actions in Ukraine.

  • High fees eroding many 401(k) retirement accounts

    It's the silent enemy in our retirement accounts: High fees.

  • Gov. Malloy touts success of Conn. jobs program

    HARTFORD, Conn. (AP) — Connecticut Gov. Dannel Malloy is touting the success of a state program that promotes job creation by providing wage subsidies and training grants to small businesses. The initiative, known as the Subsidized Training and Employment Program or Step Up, help cover the...

  • Beef prices reach highest level since 1987

    LUBBOCK, Texas (AP) — The highest beef prices in almost three decades have arrived just before the start of grilling season, causing sticker shock for both consumers and restaurant owners — and relief isn't likely anytime soon. A dwindling number of cattle and growing export demand from...

  • JPMorgan's first-quarter profit falls 20 percent

    NEW YORK (AP) — JPMorgan Chase, the biggest U.S. bank by assets, said Friday its first-quarter earnings fell 20 percent, driven by a decline in investment banking and mortgage lending. EARNINGS: The bank reported net income of $4.9 billion for the first quarter, after stripping out payments...

  • Once-soaring tech stocks sink in sobering comedown

    SAN FRANCISCO (AP) — The stock market's laws of gravity are ravaging its highest fliers. Just look at the list of technology trailblazers whose values have plummeted from record highs during the past few weeks. Investors have re-focused on safer sectors such as utilities, health care and...

  • Stocks fall on jitters over earnings, tech rout

    NEW YORK (AP) — Investors drove the stock market lower for a second straight day Friday as they grew anxious that earnings growth was faltering. Weaker earnings at JPMorgan Chase dragged bank stocks lower. And big drops in once-soaring tech stocks pushed the Nasdaq composite down for a third...

  • How the Dow Jones industrial average did Friday

    Stocks dropped Friday for a second day in a row as investors grew anxious that corporate earnings growth is faltering. Weaker results at JPMorgan Chase dragged bank stocks lower. More declines in high-growth Internet and biotechnology stocks pushed the Nasdaq composite down for the third week in...

  • Obama economic adviser: The Great Moderation is over, if it ever existed

    The so-called "Great Moderation" of low economic volatility between the mid-1980s and the financial crisis of 2008 was not as great as it seemed, and the future likely won't be as pleasant, according to President Obama's top economic adviser.

  • The Gap and JPMorgan are big market movers

    NEW YORK (AP) — Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE JPMorgan Chase & Co., down $2.10 to $55.30 The nation's largest bank fell short of profit and revenue expectations as fee-based income took a hit across...

  • Tech stocks slide again; Nasdaq falls for 3rd week

    NEW YORK (AP) — Technology stocks are dropping for a second day in a row as investors flee highflying Internet and biotechnology companies. The Nasdaq composite closed out its third losing week in a row. The Nasdaq lost 54 points, or 1.3 percent, to end at 3,999 Friday. It was only the...



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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