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More Economy Articles

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are a problem that President Obama might find intractable, given a corporate tax system that most people agree is outdated and in urgent need of drastic reform at a time when Congress is too divided to fix it.

  • Think Tanks: New York hurts its millionaires

    The Empire Center, a nonpartisan think tank in New York, released a report suggesting that New York has lagged behind the rest of the nation in making new millionaires.

  • Fiscal hawks' problem: Shrinking debt

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

  • Downgrades put Governor Christie's signature reform in doubt

    "[The pension agreement] was pretty much his signature accomplishment. Now that agreement, that reform is in tatters. It has basically blown up," said Gordon MacInnes, a former Democratic official.

  • EU ministers seek to create investment climate

    MILAN (AP) — European finance ministers agreed Saturday on the necessity of leveraging private investments with urgent structural reforms to relaunch the continent's moribund economy. The ministers focused on a proposal by Jean-Claude Junkers, incoming president of the European Commission, for...

  • Stocks decline amid interest rate worries

    NEW YORK (AP) — The prospect of rising interest rates sent the stock market to its first weekly loss since early August. The Standard & Poor's 500 index fell 11.91 points, or 0.6 percent, to end at 1,985.54 on Friday. The index was down 1.1 percent for the week. Declines were led by utility...

  • Federal Reserve creates new panel for identifying economic threats

    The Federal Reserve is taking new steps to guard against again being caught by surprise by threats to the financial system.

  • Initial unemployment claims fall

    BATON ROUGE, La. (AP) — First-time claims for unemployment insurance in Louisiana for the week ending Sept. 6 decreased from the previous week's total. The state labor department figures released Friday show the initial claims decreased to 1,961 from the previous week's total of 2,237. For the...

  • Inflation isn't Robin Hood --- or it's a confused Robin Hood

    An underappreciated aspect of inflation, in my view, is how it allows real wages to fall.

  • Treasury could act next week to prevent companies from leaving U.S.

    "They're preparing to act and they'll act as soon as they're ready," said Rep. Sander Levin, the ranking Democrat on the House Ways and Means Committee, which has jurisdiction over tax issues.

  • European states struggle with Draghi's challenge

    MILAN (AP) — Eurozone finance ministers on Friday said they were willing to help the European Central Bank in its plan to save the economy. How much they can do in practice, however, remains unclear. The ministers met for the first time since ECB President Mario Draghi sketched out this month...



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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  • Voter Intensity Strongly Against Obamacare

    A new poll from Public Opinion Strategies, commissioned by Independent Women’s Voice, finds that people who care about the issue of Obamacare really don’t like Obamacare.  On the flip side,...

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