09/22/14 11:00 AM
WASHINGTON (AP) — Fewer Americans bought homes in August, as investors retreated from real estate and first-time buyers remained scarce. Sales of existing homes fell 1.8 percent to a seasonally adjusted annual rate of 5.05 million, the National Association of Realtors said Monday. That snaps a...
09/22/14 09:45 AM
NEW YORK (AP) — U.S. stocks are opening lower as investors worry about some soft economic data from China and a profit warning by the British retailer Tesco. The Dow Jones industrial average fell 19 points, or 0.1 percent, to 17,259 as of 9:35 a.m. Eastern time Monday. The Standard & Poor's...
By Joseph Lawler | 09/19/14 04:08 PM
The liquidity coverage rule would require banks to hold enough safe, liquid assets that would be sellable even in a crisis to fund their operations for at least 30 days.
By Michael Barone | 09/18/14 01:31 PM
The problem, says British-born, California-based historian Gregory Clark, is that upward mobility is something of a myth, in America and elsewhere.
By Joseph Lawler | 09/16/14 01:01 PM
Given the realities of the global environment, it is a far safer bet to assume that the U.S. will be required to spend something closer to the post-war average on national security than the historically low amounts built into Obama administration budget plans.
By Joseph Lawler | 09/19/14 07:58 PM
"In December, it was an open-and-shut case" to continue the program, said Michael Strain, an economist at the right-of-center American Enterprise Institute. "At this point, it's a much harder call to make."
By Lawrence Kudlow | 09/20/14 06:16 PM
For those who haven't been paying attention, the American dollar is in the midst of a rally not seen since the 1990s. It's racing past the euro, the yen and other currencies. Investors worldwide are buying the equivalent of stock in America, Inc.
09/20/14 04:30 PM
TOLEDO, Ohio (AP) — Ohio's identity is tied in many ways to what it has made for generations — steel, cars, glass, tires and, yes, even footballs. While manufacturing alone no longer dominates the state's economy, its fortunes and the fate of its political leaders still rise and fall with the...
09/20/14 03:45 PM
AUSTIN, Texas (AP) — The nation's housing secretary says a booming Hispanic population will drive the future of America's residential real estate market and predicts that a major overhaul of federal immigration laws would create a further boon to home sales across the country. Julian Castro,...
09/20/14 12:45 PM
Annual number of manufacturing employees in Ohio since 2000: ___ 2000 — 1,023,000 2001 — 955,000 2002 — 884,000 2003 — 845,000 2004 — 823,000 2005 — 812,000 2006 — 796,000 2007 — 771,000 2008 — 739,000 2009 — 629,000 2010 — 620,000 2011 — 638,000 2012 — 656,000 2013 — 662,000 ___...
By Adam Brandon | 09/19/14 06:57 PM
Government policies to extend student loans to help cover the cost of college are creating the very problem they purport to solve. Easy credit drives up the demand for higher education, which in turn drives up the price.
09/19/14 05:15 PM
NEW YORK (AP) — With Wall Street focused on the debut of Alibaba Group, the stock market drifted into the weekend and major indexes ended little changed. Investors watched as the Chinese e-commerce giant surged 38 percent Friday, in its first day of trading on the New York Stock Exchange....
09/19/14 05:00 PM
ATHENS, Greece (AP) — Greece's finance minister said Friday that his country will not seek additional rescue funds from other eurozone countries after bailout loans are completed this year, despite concerns from rescue lenders that an early general election could unravel years of painful...
09/19/14 03:45 PM
DENVER (AP) — State officials say Colorado lost 700 jobs in August but the unemployment rate dropped as the labor force shrank. The Colorado Department of Labor and Employment said Friday all the losses came in private sector payroll jobs. The unemployment rate fell from 5.3 percent in July to...
By Joseph Lawler | 09/19/14 12:38 PM
Senate Democrats are trying to give corporations another reason not to move their headquarters out of the U.S. Sherrod Brown of Ohio and Dick Durbin of Illinois introduced a bill Friday that would make companies pay taxes on their foreign income held abroad before completing tax inversions....
By Paul Bedard | 09/21/14
By Byron York | 09/22/14
By Washington Examiner | 09/22/14
By Kelly Cohen | 09/22/14
By Susan Ferrechio | 09/21/14