More Economy Articles

  • US Treasury bill rates mixed at weekly auction

    WASHINGTON (AP) — Interest rates on short-term Treasury bills were mixed in Monday's auction with three-month bills unchanged and six-month bills dropping to their lowest level in three weeks. The Treasury Department auctioned $26 billion in three-month bills at a discount rate of 0.025...

  • US says airlines add jobs for 6th straight month

    WASHINGTON (AP) — U.S. airlines have been adding jobs for six straight months, though the gains aren't big ones. The U.S. Department of Transportation said Monday that the nation's passenger airlines had the equivalent of 385,619 full-time workers in May, up 1.1 percent from May 2013. That's...

  • US stocks slip following mixed company earnings

    NEW YORK (AP) — Stocks are moving lower as U.S. companies turn in mixed quarterly results and as investors worry about tensions with Russia over the downed airliner in Ukraine. Hasbro fell 2 percent in midday trading Monday after the toy maker reported second-quarter earnings and revenue that...

  • Oil prices rebound above $103 on geopolitical risk

    Oil prices rebounded slightly on Monday as traders gauged the possibility of more sanctions against Russia and more violence in Libya. By mid-afternoon in Europe, benchmark U.S. crude for August delivery was up 45 cents to $103.58 a barrel in electronic trading on the New York Mercantile...

  • US stocks open lower as more earnings roll in

    NEW YORK (AP) — Stocks are opening lower as more U.S. companies turn in their quarterly results and as investors worry about tensions with Russia over the downed airliner in Ukraine. Hasbro fell 2 percent in early trading Monday after the toy maker reported second-quarter earnings and revenue...

  • Janet Yellen admits she doesn't know why this sector of the economy is doing so poorly

    Federal Reserve Chairwoman Janet Yellen isn't sure what's gone wrong with the U.S. housing comeback. “I have to say that I'm somewhat surprised,” Yellen said of the weakness of the housing market in a hearing in the House last week. “Frankly, it continues to be sluggish. And I can't give...

  • Private jet recovery from recession an uneven ride

    HARTFORD, Conn. (AP) — Private jet sales are rising again, climbing out of a deep recession when the company plane was an easy target for spending cuts. The chief executive of General Dynamics Corp., maker of Gulfstream jets, says corporate customers are back and wealth creation is bringing...

  • Obama: US must retrain workers who lose jobs

    WASHINGTON (AP) — President Barack Obama says all American workers deserve to know that if they lose their jobs, their country will help them train for a better one. In his weekly radio and Internet address, Obama says Congress has taken steps in the right direction by approving job-training...

  • How the CFPB is trying to mimic Yelp

    The government's consumer finance regulatory agency is seeking to create a new source of aggravation for banks: Consumer testimonials and reviews of financial services.

  • US stocks mount strong rebound on company earnings

    Investors jumped on a wave of strong corporate financial results Friday, propelling stocks higher for the third time in five days. The gains wiped out much of the market's losses from the day before, when the downing of a Malaysian Airlines passenger jet in eastern Ukraine stirred concerns that...

  • Stronger earnings from Google, others drive stocks

    NEW YORK (AP) — Earnings gains from Google, Honeywell and other big U.S. companies drive the stock market to a higher close, wiping out much of its loss from the day before. The Dow Jones industrial average rose 123 points, or 0.7 percent, to 17,097 Friday. The Standard & Poor's 500 index...

  • Ranking US states by job creation in past 5 years

    WASHINGTON (AP) — Since the Great Recession officially ended in June 2009, the U.S. economy has generated 7.8 million jobs. But the gains haven't been spread evenly across the country. Some states have boomed. Others have struggled to add jobs. North Dakota, benefiting from an oil and gas...

  • Markets steady but Malaysia jet jitters remain

    LONDON (AP) — Markets settled down Friday but jitters over the downing of a Malaysian jetliner over Ukraine remained at the fulcrum of investors' thoughts. All 283 passengers and 15 crew members aboard the Amsterdam-to-Kuala Lumpur flight were killed in Thursday's crash. U.S authorities and...

  • US stocks move higher as companies post results

    NEW YORK (AP) — U.S. stocks are moving higher after Google, Honeywell and other big companies report their quarterly results. The Dow Jones industrial average rose 96 points, or 0.6 percent, to 17,072 as of midday Friday. The Standard & Poor's 500 index rose 14 points, or 0.8 percent, to...

  • Big Ideas: On basketball, prisons and Kansas

    Do some people think taxes don't affect economic choices? If so, they should talk to Trevor Ariza and the Washington Wizards.



From the Weekly Standard