More Economy Articles

  • Delta navigates nasty winter, tops profit forecast

    DALLAS (AP) — Delta Air Lines Inc. is making more money by filling more seats on its planes and paying a bit less for fuel. Delta's first-quarter profit beat expectations and underscored how most big airlines are prospering with a combination of strong business travel, slightly higher fares...

  • How Piketty's research shaped wealth gap debate

    WASHINGTON (AP) — French economist Thomas Piketty and his research partners have transformed the wealth gap debate by popularizing the concept of a financially elite 1 percent. They framed the issue of income inequality in terms that ordinary people could grasp. Using tax records, they...

  • A stock rally falters as US earnings disappoint

    NEW YORK (AP) — The stock market is slightly lower after a six-day advance as several U.S. companies report disappointing earnings. Norfolk Southern, Procter & Gamble and Avery Dennison fell after reporting their latest quarterly results. Intuitive Surgical dropped 9 percent after the...

  • US stocks edge lower after a six-day rally

    NEW YORK (AP) — The stock market slipped Wednesday after rallying for six straight days as investors worked through another round of quarterly earnings reports from U.S. companies. Intuitive Surgical was among those reporting disappointed results. A worse-than-expected report on the housing...

  • Sales of new US homes plunge 14.5 percent in March

    WASHINGTON (AP) — The number of Americans buying new homes plummeted in March to the slowest pace in seven months, a sign that real estate's spring buying season is off to a weak start. The Commerce Department said Wednesday that sales of new homes declined 14.5 percent last month to a...

  • Europe recovery shows signs of strengthening

    FRANKFURT, Germany (AP) — A closely watched survey has found business activity across the 18-country eurozone running at a three-year high, in perhaps the clearest sign yet that the economic recovery is gaining momentum. Analysts say Wednesday's positive data could take some of the pressure...

  • Reynolds American 1Q profit falls more than 28 pct

    RICHMOND, Va. (AP) — Reynolds American Inc.'s first-quarter profit fell more than 28 percent as the company sold fewer cigarettes and spent more on expanding its electronic cigarette brand and legal costs. The nation's second-biggest tobacco company on Wednesday reported earnings of $363...

  • Math mistakes lead government to pay contractors up to 3 times market rate under Davis-Bacon

    Construction workers at companies doing work for the federal government are paid as much as three times what their peers outside of government get for the same work, a Washington Examiner review of federal statistics found.

  • Toyota sells 2.58 million vehicles, outselling GM

    TOKYO (AP) — Toyota kept its position at the top in global vehicle sales for the first quarter of this year, outpacing rivals General Motors and Volkswagen. Toyota Motor Corp. said Wednesday that it sold a record 2.583 million vehicles in the January-March period, putting the Japanese...

  • Asia shares mixed on lackluster China data

    TOKYO (AP) — Shares were mixed in Asia on Wednesday, as weak data from China sapped upward momentum from an overnight rally on a flurry of deals in the pharmaceutical sector. A preliminary survey of Chinese manufacturers by HSBC showed slight improvements in prices and demand, but...

  • US says average airfares rising slowly; $381 in 4Q

    DALLAS (AP) — The average price of an airline ticket for travel within the U.S. rose by just $1 last year, although prices are still modestly higher than they were five years ago. The U.S. Department of Transportation said Tuesday that the average domestic airfare rose to $381 in the fourth...

  • Earnings and corporate deals lift US stocks

    NEW YORK (AP) — Corporate deals and some solid earnings reports propelled the stock market to its sixth straight gain Tuesday. Allergan surged after Valeant Pharmaceuticals said it had teamed up with activist investor Bill Ackman to make a bid for the Botox maker. Netflix and Harley-Davidson...

  • Bernanke regrets not explaining crisis better

    TORONTO (AP) — Former U.S. Federal Reserve Chairman Ben Bernanke said he could have done a better job in helping people understand the action the central bank took during the financial crisis. Bernanke stepped down in late January after eight years as chairman of the Federal Reserve. When...

  • Stocks move higher as more earnings roll in

    The stock market is notching its sixth gain in a row as more U.S. companies report solid earnings. It's the longest winning streak since September.

  • Job market for college grads better but still weak

    WASHINGTON (AP) — With college commencement ceremonies nearing, the government is offering a modest dose of good news for graduating seniors: The job market is brightening for new grads — a bit. But finding work — especially a dream job — remains tough for those just graduating. Many...



From the Weekly Standard

  • Why the New York Times Poll Is Bogus

    The Arkansas Senate race has been close in virtually every serious poll. The Republican challenger, Tom Cotton, probably had a small lead a month or so ago; after a massive negative assault on him...

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  • Kennedy’s Question

    We often think of the Constitution as a two-part document: first the original 1787 text, which primarily establishes the government’s structure; and then the amendments, which primarily set...

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  • Mitch McConnell, Judicial Activist

    "This is the best Supreme Court, if you’re interested in a free society and in the ability of Americans to participate in the political process with a minimum amount of government restrictions....

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