More Economy Articles

  • Obama promoting economic gains as elections near

    MILWAUKEE (AP) — President Barack Obama says he'll press Congress to raise the minimum wage in the same way he courted his wife — never taking no for an answer. Obama brought a buoyant Labor Day message to Wisconsin, telling union members on Monday that he sees, quote, "engines are revving a...

  • Tesla Motors dealing as states play factory poker

    LOS ANGELES (AP) — From the start, little has been typical about Tesla Motors' plan for a $5 billion factory to make batteries for a new generation of electric cars. It's not just the project's massive scale, the cutting-edge technology, or even the bonanza of 6,500 good-paying jobs. It's how...

  • Cleveland welcomes growing field of server farms

    CLEVELAND (AP) — Northeast Ohio is hardly ready to usurp Silicon Valley as a high-tech mecca, but a growing number of data centers are choosing to locate in and around Cleveland to take advantage of cheap power, an abundance of fiber-optic cable and one of the safest environments in the country...

  • Cool spring hurts Louisiana sugar crop

    THIBODAUX, La. (AP) — The cold spring is coming back to haunt local sugarcane farmers who are expecting a stunted crop and later harvest season. American Sugar Cane League executive director Jim Simon said he expects the harvest to begin later this year because of spring's cold temperatures....

  • Modest, gradual minimum wage hike set to launch in Michigan

    DETROIT (AP) — An increase in Michigan's minimum wage is set to launch, and with it comes a test of whether the gradual rise will help workers, harm businesses or neither. The first bump comes Monday, when the wage moves up 10 percent, from $7.40 an hour to $8.15. The 25 percent overall raise...

  • Agriculture equipment sales decline in 2014

    MITCHELL, S.D. (AP) — Agricultural equipment manufacturers and farmers say machinery sales have fallen recently because of lower commodity prices and changes to a federal tax break. Shawn Berry said at a sales event in South Dakota that the Ohio-based company he represents could end this fiscal...

  • Unions: FairPoint not playing fair in labor talks

    PORTLAND, Maine (AP) — FairPoint Communications workers in northern New England say they knew concessions were in the offing going into labor negotiations with two unions. But they say the telecommunications company isn't playing fair. The more than 1,700 International Brotherhood of Electrical...

  • Time to ditch rising stocks, or stick with them?

    NEW YORK (AP) — Is it time to cash out of stocks? The market has nearly tripled in a little over five years, and the Standard & Poor's 500 index closed above 2,000 for the first time on Tuesday. With each record, the temptation grows to take your winnings and flee. Plenty of experts think...

  • 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...

  • How the Dow Jones industrial average fared Friday

    Stocks ended higher Friday, propelling the Standard & Poor's 500 index to its fourth record-high close in five days. Investors weighed better-than-expected company earnings against mixed reports on the U.S. economy. Trading was quiet ahead of the Labor Day holiday weekend. On Friday: The Dow...

  • 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.



From the Weekly Standard

  • ‘We Don’t Have a Strategy Yet’

    "Rooting out a cancer like ISIL won’t be easy and it won’t be quick,” President Obama told the American Legion’s annual convention in Charlotte on Tuesday, August 26. He repeated the thought in...

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  • Small Ball in Wisconsin

    West Allis, Wis. --  Scott Walker looked relaxed. Dressed in light blue Levi’s jeans, a navy polo shirt, and white and gray Nike sneakers, the Wisconsin governor had just finished speaking at a...

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  • Democrats Take the Low Road

    Conway, Ark. "Tom Cotton voted against preparing America for pandemics like Ebola,” a TV ad in Arkansas declared last week. The ad came from Democrat Mark Pryor, who is running for reelection to...

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