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More Economy Articles

  • Wisconsin job growth ranks 33rd in nation

    MADISON, Wis. (AP) — Wisconsin ranked 33rd in private-sector job creation for the 12-month period ending in March, based on federal data released Thursday, the last update of its kind before the November election. Gov. Scott Walker's record on job-creation has been a major issue as he seeks...

  • US economic rebound slow to reach Philadelphia

    WASHINGTON (AP) — The nation's economic recovery has been slow to reach the Philadelphia metropolitan area and income inequality has widened, hurt in part by an exodus of residents and a continued collapse in mid-wage jobs. Across the U.S., many metropolitan areas saw declines in median...

  • Supermarket feud tied to monthly job figures

    BOSTON (AP) — The worker revolt at the Market Basket supermarket chain appears to have caused a ripple effect in the Massachusetts economy, with the state reporting Thursday that several thousand jobs were lost in August, largely because of "temporary employment disruptions" in the retail...

  • Paul Ryan: We’re working to change the rules for tax reform

    Ryan, the presumed successor to retiring Ways and Means Committee chairman Dave Camp if the GOP holds the House of Representatives in November, said Thursday that "there are two things that we are working on right now" to help him succeed where Camp fell short in pushing comprehensive tax reform.

  • Fed keeps rates low, but brace for the inevitable

    WASHINGTON (AP) — Record-low interest rates will be around for at least a few more months, the Federal Reserve made clear Wednesday. Enjoy the easy money while it lasts. By mid-2015, economists expect the Fed to abandon a nearly 6-year-old policy of keeping short-term rates at record lows....

  • Volatile apartment sector reduces US home building

    WASHINGTON (AP) — U.S. home construction plunged in August, led by steep decline in the volatile apartment category. But single-family house construction, a larger and more stable portion of the market, fell only modestly. Construction fell 14.4 percent in August to a seasonally adjusted annual...

  • MANHATTAN MOMENT: 'The rates are too damn high'

    For a limited time, Hailo is lowering its fares during work hours, but price isn't the biggest advantage ridesharing services like Uber have over the traditional cab.

  • Janet Yellen: Most American families lack savings and are 'extraordinarily vulnerable'

    The Fed chairwoman noted that families are still struggling in the wake of the recession, even though the economy has steadily, if slowly, improved.

  • Obama's chances to wind down Fannie and Freddie before November slipping away

    Hope for reforming Fannie Mae and Freddie Mac dims as Congress finishes up its business before the November elections, even as administration officials intensify the push to fix housing finance and boost home lending.

  • Asian stocks mostly down after Fed meeting

    SEOUL, South Korea (AP) — Asian stock markets mostly fell Thursday after the U.S. Federal Reserve increased its estimate for the level of the central bank's benchmark interest rate by the end of 2015, surprising investors who expected a slower pace of rate hikes. KEEPING SCORE: Hong Kong's Hang...

  • Treasury secretary promises executive action 'very, very soon' on inversions

    "Any company considering an inversion is now on notice that there is action that’s going to be taken,—� Lew said.

  • Correcting bad economics: Killing Ex-Im won't reduce exports by 2 percent

    Export-Import Bank defenders deploy worthless numbers on job creation, bogus profit claims, empty scare tactics about how Boeing will die, and now, spooky stories about significant drops in exports resulting from killing Ex-Im.

  • Census: Real household income peaked in 20th century

    American households are poorer now than they were when the 21st century began. Among householders who dropped out of high school as well as those who graduated from college, real median income has declined.

  • Federal Reserve keeps commitment to low rates

    The central bank's monetary policy committee maintained its promise that it would keep short-term interest rates near zero for a "considerable time" in its statement following a two-day meeting Wednesday.

  • US homebuilder confidence soars in September

    U.S. homebuilders' confidence in the market for new, single-family homes surged this month to the highest level in nearly nine years. The brighter outlook reflects growing optimism that sales will increase over the next six months. That could potentially spur growth in home construction, a key...



From the Weekly Standard

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  • Another Fight Obama Shirks

    When it comes to military actions, President Obama likes to declare the end of wars, regardless of whether America’s opponents agree that is the case. When it comes to economic wars, he has no...

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  • Second Time’s a Charm?

    Voters in Connecticut’s gubernatorial election this November will face a familiar choice as Republican Tom Foley squares off against Democrat Dan Malloy. Four years ago, in a nail biter for what...

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