More Economy Articles

  • Gas prices in Massachusetts drop 6 cents a gallon

    BOSTON (AP) — The price of a gallon of gasoline in Massachusetts plunged 6 cents in the past week, yet remains above the national average. AAA Southern New England reports Tuesday that self-serve, regular has dropped to an average of $3.50 per gallon. That price is 17 cents lower than a month...

  • Italy's troubles weigh on eurozone

    FRANKFURT, Germany (AP) — Italy is standing out as the European economy's problem child. Again. Other countries that used to be the bearers of bad news — Spain, Greece, Ireland, Portugal — are slowly healing from the debt crisis that ravaged the currency union for much of the past five years....

  • US job openings in June hit 13-year-plus high

    WASHINGTON (AP) — U.S. employers in June advertised the most monthly job openings in more than 13 years. Employers posted 4.67 million jobs in June, up 2.1 percent from May's total of 4.58 million, the Labor Department reported Tuesday. The number of advertised openings was the highest since...

  • Here's the evidence that job creation is set to accelerate for real in 2014

    The Bureau of Labor Statistics reported Tuesday morning that the number of job openings grew from 4.6 million in May to 4.7 million in June, confirming a trend toward accelerating job creation in the first half of 2014.

  • US stocks waver in early trading

    NEW YORK (AP) — U.S. stocks are moving between slight gains and losses in early trading. Kate Spade, a maker of premium handbags, jumped 9 percent after reporting earnings and revenue that came in well ahead of what analysts were forecasting. The Standard & Poor's 500 index fell a fraction of...

  • Dendreon sinks after drugmaker warns of debt woes

    Dendreon Corp. shares tumbled Tuesday morning, a day after the drug developer warned shareholders that it has debt worries, and it is considering alternatives that could wipe out their ownership. The maker of the prostate cancer treatment Provenge said Monday in a Securities and Exchange...

  • Status conference scheduled in Detroit bankruptcy

    DETROIT (AP) — Attorneys representing the city and its creditors are expected to appear in court to discuss the confirmation process for Detroit's debt restructuring ahead of next week's bankruptcy trial. A status conference is scheduled to begin Tuesday morning in federal court in Detroit....

  • Senator: Business tax would undermine Tesla bid

    SPARKS, Nev. (AP) — U.S. Sen. Dean Heller warned Monday that a proposal to fund education by taxing corporations would undermine efforts to persuade Tesla Motors to build a $5 billion battery plant in Nevada. The Republican senator believes Nevada is well-positioned in the bidding war with...

  • In NYC, US mayors vow to fight income inequality

    NEW YORK (AP) — More than 30 U.S. big-city mayors gathered on Monday to fight the widening income gap between the rich and the poor in urban areas. The task force, called Cities of Opportunity and hosted by New York Mayor Bill de Blasio, was formed in June during a meeting of mayors in Dallas....

  • How the Dow Jones industrial average did on Monday

    Stocks closed slightly higher Monday as investors turned their focus to corporate news and as tensions eased in Ukraine. On Monday: The Dow Jones industrial average rose 16.05 points, or 0.1 percent, to 16,569.98. The Standard & Poor's 500 index rose 5.33 points, or 0.3 percent, to 1,936.92....

  • US stocks edge higher on corporate news, earnings

    NEW YORK (AP) — U.S. stocks are closing slightly higher as investors turn their focus to corporate news and as tensions ease in Ukraine. Priceline rose 2 percent after the online discounter reported better earnings than analysts were expecting. Chiquita Brands soared 30 percent on a buyout...

  • US agency warns consumers about Bitcoin risks

    WASHINGTON (AP) — Federal regulators are warning consumers about the risks of using virtual currencies such as Bitcoin. The Consumer Financial Protection Bureau said Monday that it will begin fielding complaints from people who rely on products such as Bitcoin and online exchanges for such...

  • US stock move higher on corporate news, earnings

    NEW YORK (AP) — U.S. stocks are moving higher as investors turn their focus to corporate news and as tensions ease in Ukraine. Priceline rose 3 percent after the online discounter reported better earnings than analysts were expecting. Chiquita Brands soared 31 percent on a buyout offer. Kinder...

  • The big omission in Obama's upbeat economic narrative

    President Obama has sounded increasingly triumphant in recent weeks when talking about the state of the U.S. economy, using words like "booming" and listing new records. But his narrative is missing one big subplot.

  • Wyoming consumer spending growth in 2012 is lowest

    CHEYENNE, Wyo. (AP) — Wyoming recorded the lowest growth in consumer spending in the nation between 2011 and 2012, but residents don't appear to be cutting back on buying gasoline for their vehicles. "Our population density is lower than any other state except Alaska — a lot of room and just a...



From the Weekly Standard

  • Appalling

    The president is appalled. Indeed he said this afternoon that "the entire world is appalled by the brutal murder of Jim Foley by the terrorist group, ISIL." The act of violence that killed Jim...

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  • Annihilate ISIS

    Here are the two best responses I've seen so far to the latest barbarism from ISIS. My friend Seth Leibsohn, now a talk radio host in Phoenix, emails with a short-term suggestion:

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  • Poll: Voters Overwhelmingly Oppose Executive Action On Immigration

    American voters says they would prefer President Barack Obama work with Congress rather than use executive action to address the illegal immigration crisis at the border, according to a detailed...

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