More Economy Articles

  • Stocks end higher following strong run in August

    The Standard & Poor's 500 index delivered its fourth record high in five days Friday, ending with the biggest monthly gain since February. The milestone-crushing run capped a week when the S&P eclipsed the 2,000-point mark for the first time. And the index ended August with a gain of 3.8...

  • Stock market closes at record high

    The Standard & Poor's 500 is ending the week at a record high after a day of quiet trading. Chip maker Avago Technologies jumped nearly 8 percent after reporting earnings that beat analysts' estimates. The latest reports on the U.S. economy were mixed. Consumer sentiment improved in August,...

  • Build better teachers

    Perhaps the most promising thinking is that the most important factor in student performance isn't class size, spending or curriculum, but the quality of the teacher.

  • Stock market edges higher in midday trading

    U.S. stock indexes are slightly higher in quiet trading. Chip maker Avago Technologies jumped 9 percent after reporting earnings that beat analysts' estimates. The latest reports on the U.S. economy were mixed. Consumer sentiment improved in August, while spending fell and income growth slowed...

  • US consumer sentiment improves a bit in August

    WASHINGTON (AP) — U.S. consumer sentiment ticked up in August, driven by greater optimism about jobs, rising incomes, and increasing wealth. Yet the increase largely occurred among higher-income groups. The University of Michigan said Friday its index of consumer sentiment rose to 82.5 from...

  • 'Too big to fail' could be slapped on more non-banks

    It is widely expected that the Sept. 4 meeting announced by the Financial Stability Oversight Council late Thursday will focus on applying the label of "too big to fail" to one insurer, MetLife.

  • As stocks rise, so does anxiety: Time to get out?

    NEW YORK (AP) — Is it time to cash out of stocks? The market has nearly tripled in a little over five years, and with each record close, the temptation grows to take your winnings and flee. If only you had done that in the crashes that began in 2000 and 2008, you might be a lot richer. Plenty...

  • SEC is going easy on fraud: commissioner

    Luis Aguilar, one of the five SEC commissioners, issued an unusual dissent to the SEC's punishment of an accountant, calling the decisions a "wrist slap at best."

  • Worrying eurozone inflation sags again to 0.3 pct

    FRANKFURT, Germany (AP) — Inflation in the 18 countries that use the euro sank to an annual 0.3 percent in August, a sign of economic weakness that is putting pressure on the European Central Bank to take drastic steps to save a stalling recovery. The figure was down from 0.4 percent in July,...

  • US stocks edge higher in early trading

    The U.S. stock market is opening slightly higher as a series of reports on the U.S. economy rolls out. Consumer spending had its first decline since January, dipping 0.1 percent in July, as auto buying and income growth slowed. Other economic reports due Friday include a gauge of consumer...

  • US consumer spending dips 0.1 percent

    WASHINGTON (AP) — U.S. consumer spending fell in July, with a drop in auto purchases accounting for most of the weakness. Income growth also slowed. Consumer spending edged down 0.1 percent last month after a 0.4 percent increase in June, the Commerce Department reported Friday. It was the...

  • Democrats' hopes of backlash over 'deserter' Burger King are dashed

    Republicans on Capitol Hill are feeling no pressure to thwart those companies whom Democrats label corporate "deserters."

  • Ignoring the U.S. debt problem won't wash it away

    Just like a heart patient straying from his diet as time passes after his heart attack, the political class has collectively decided to tune out the federal debt as an issue.

  • US bank earnings up 5.2 percent in 2Q

    WASHINGTON (AP) — U.S. banks' earnings rose 5.2 percent in the April-June quarter from a year earlier, as banks reduced their expenses and lending marked its fastest pace since 2007. The data issued Thursday by the Federal Deposit Insurance Corp. showed a robust picture as the banking industry...

  • Obama touts revised economic growth numbers

    WASHINGTON (AP) — New evidence of economic growth is heartening and underscores that companies are investing and consumers are spending, President Barack Obama said Thursday. "There are reasons to feel good about the direction we are heading," the president told reporters at the White House....



From the Weekly Standard