Share

More Economy Articles

  • Nevada's subsidies for Tesla factory don't only hurt taxpayers

    Nevada taxpayers may not be pleased about footing a quarter of the tab for this billionaire's for-profit business. But the cost to Nevada taxpayers will not be as painful as the distortions to the market.

  • Pound rises as Scottish results favor union

    HONG KONG (AP) — The British pound jumped as investors bet that Scottish voters would reject independence based on results that cover more than half of Scotland. Japanese stocks rallied as the yen extended losses against the dollar while other Asian benchmarks were subdued for lack of major...

  • 56 million cards compromised in Home Depot hack

    Home Depot said "criminals used unique, custom-built malware to evade detection" and steal customers' information between April and September.

  • Boehner stresses tax reform, school choice in GOP agenda

    In an abbreviated replay of past Republican pre-election agendas, House Speaker John Boehner on Thursday laid out a plan for the GOP to boost economic growth with a combination of old-school conservative policies such as reforming taxes and cutting spending as well as newer priorities.

  • Illinois jobless rate declines in August

    ST. LOUIS (AP) — Illinois' unemployment fell in August to 6.7 percent, the sixth straight monthly decrease in the state's jobless rate, the Illinois Department of Employment Security said Thursday. The latest figure, down one-tenth of a percentage point from July, represents a drop from 9.2...

  • After record profits, airlines keep adding jobs

    WASHINGTON (AP) — The number of jobs at U.S. airlines keeps growing — although slowly — as some of them post record profits. The U.S. Department of Transportation said Thursday that the nation's passenger airlines employed the equivalent of 386,243 full-time workers in July, up 1.3 percent from...

  • Stock gains lift US household wealth to a record

    WASHINGTON (AP) — Strong stock market gains and higher home prices boosted Americans' net worth in the April-June quarter to a record high, a trend that could encourage more spending. U.S. households also took on the most new debt in five years, driven mostly by student and auto loans. More...

  • Trade deal must have tobacco exception, key Democrat warns

    Rep. Sander Levin, D-Mich., called the Trans-Pacific Partnership, a major trade deal the U.S. is negotiating with 12 Pacific Rim countries, to include an exception stating that tobacco products would not have the same legal protections as other trade items under the agreement.

  • 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.



From the Weekly Standard