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More Economy Articles

  • Senator ties NFL tax status to Redskins name

    WASHINGTON (AP) — A U.S. senator threatened the NFL with legislation over Washington's nickname, a letter was dispatched to the other 31 team owners, and the issue was linked to the league's others recent troubles Tuesday as the anti-"Redskins" movement took its cause to Capitol Hill. In a news...

  • French prime minister wins confidence vote

    PARIS (AP) — French Prime Minister Manuel Valls won a vote of confidence on Tuesday in a tense ballot, allowing him to push through economic reforms that have divided his Socialist Party. The government's once comfortable margin was diluted in the 269-244 vote, with 53 abstentions. The result...

  • Immigration is American

    America needs immigrants. Immigrants co-founded most of Silicon Valley's start-ups. The Patent Office says immigrants invent things at twice the rate of native-born Americans.

  • New rules established for NY debt collection cases

    ALBANY, N.Y. (AP) — New York court administrators have adopted new filing requirements for debt collectors meant to prevent unfair claims and defaults in credit card collection cases against consumers. New rules announced Tuesday require creditors to submit affidavits with detailed proof of the...

  • Speculation swirls over Fed language on rate hike

    WASHINGTON (AP) — When the Federal Reserve issues a policy statement after it meets this week, the financial world will be on high alert for two words: "Considerable time." The presence or absence of that phrase will trigger a rush to assess the likely timing of the Fed's first increase in...

  • Jindal lays out a 2016 campaign agenda, decision in November

    Declaring that "there is no reason to be coy," populist Republican Louisiana Gov. Bobby Jindal on Tuesday presented a meaty agenda that could become his 2016 presidential platform.

  • US stocks turn higher at midday

    NEW YORK (AP) — U.S. stocks are turning higher at midday with energy companies leading the gains. The Standard & Poor's 500 index rose 11 points, or 0.6 percent, to 1,995 at 12:03 p.m. Eastern time Tuesday. The Dow Jones industrial average gained 83 points, or 0.5 percent, to 17,116. The...

  • US CEOs less optimistic about hiring, spending

    WASHINGTON (AP) — Optimism among chief executives at the largest U.S. companies fell in the July-September quarter after reaching a two-year high in the previous quarter. The Business Roundtable said Tuesday that its CEO outlook index fell to 86.4 in the third quarter, down from 95.4 in the...

  • Poverty fell in 2013, but incomes haven't recovered from the recession

    The share of Americans officially living in poverty in 2013 was 14.5 percent, down from 15 percent in 2012.

  • Fed looks beyond stimulus to timing of interest rate increases

    Chairwoman Janet Yellen and the Fed's monetary policy committee will meet this week. The Fed will decide how long it will wait to raise short-term interest rates after reducing purchases of Treasury and mortgage-backed securities to zero.

  • Once-troubled reverse mortgages poised for rebound

    WASHINGTON (AP) — Advertised as a path to an affordable retirement, federally insured reverse mortgages are showing signs of a rebound, drawing the scrutiny of regulators seeking to reduce historically high default rates that have cost the government billions. Industry analysts expect strong...

  • US wealth gap putting the squeeze on state revenue

    WASHINGTON (AP) — Income inequality is taking a toll on state governments. The widening gap between the wealthiest Americans and everyone else has been matched by a slowdown in state tax revenue, according to a report being released Monday by Standard & Poor's. Even as income for the affluent...

  • 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.



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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