More Economy Articles

  • Venture investments highest since 2001

    NEW YORK (AP) — Funding for U.S. startup companies soared 57 percent in the first quarter to a level not seen since 2001, as venture capitalists piled more money into a growing number of deals, according to a report due out Friday. Startup investments totaled $9.47 billion in the first three...

  • Asian stocks mostly higher after mixed US earnings

    BEIJING (AP) — Asian stocks were mostly higher Friday despite mixed U.S. earnings reports with many of the region's exchanges closed for Good Friday. Oil trading also was suspended for the holiday. Tokyo's Nikkei 225 gained 0.6 percent to 14,504.47. China's benchmark Shanghai Composite Index...

  • Maryland gubernatorial candidates clash on economic policy

    TOWSON, Md. (AP) — All three Democratic candidates in the governor's race agree Maryland's economic policies need work, but they disagree sharply about how much. Lt. Gov. Anthony Brown praised the developments of the past seven years during a candidate forum Thursday evening at Towson...

  • Wal-Mart jumps into the money transfer biz, loudly

    NEW YORK (AP) — Wal-Mart is delving deeper into financial services at its stores and shaking up the money transfer business. The world's largest retailer introduced a new money transfer service Thursday that it says will cut fees for its low-income customers by up to 50 percent compared with...

  • IRS audits less than 1 percent of big partnerships

    WASHINGTON (AP) — The Internal Revenue Service audits fewer than 1 percent of large business partnerships, according to a government report released Tuesday. That means some of Wall Street's largest hedge funds and private equity firms are largely escaping close scrutiny by the IRS, said Sen....

  • US stock market ends higher as earnings pour in

    Corporate earnings pushed U.S. stocks mostly higher on Thursday, but it wasn't an easy ride up. The stock market appeared set in the morning for its fourth consecutive positive open, but immediately turned negative as investors sold shares in Google and IBM. The market heavyweights reported...

  • How the Dow Jones industrial average fared

    Stocks closed mostly higher Thursday as upbeat earnings news from several large U.S. companies encouraged investors. General Electric, Morgan Stanley and PepsiCo all moved higher after reporting their first-quarter financial results. The major stock indexes spent much of the day hovering...

  • Goldman's income falls 11 percent, but still beats

    NEW YORK (AP) — Goldman Sachs' earnings fell in the first quarter as bond trading slumped, but the results still came in ahead of what investors expected as other parts of the bank performed well. EARNINGS AND REVENUE: The bank earned $1.95 billion in the quarter, down 11 percent from $2.19...

  • Congressional Budget Office: TARP on track to cost government $27 billion

    The enormous bailout of the U.S. financial system at the height of the financial crisis in fall 2008 is on track to cost the federal government $27 billion, the Congressional Budget Office estimated in a report issued Thursday afternoon.

  • Stock market mostly higher as earnings pour in

    Stocks are mostly higher on Wall Street as upbeat earnings news from several big U.S. companies encouraged investors.

  • Oil tops $104 on Ukraine fears

    The price of oil rose past $104 per barrel Thursday on worries over the upheaval in Ukraine. Benchmark U.S. crude for May delivery rose 54 cents to close at $104.30 a barrel in New York. Supplies in the U.S. are ample — the Energy Department reported the biggest gain in stocks in 13 years...

  • News from Britain: Smaller state means more jobs

    About one-third of the money in the Obama Democrats' 2009 stimulus program went to state and local governments. The obvious aim was to maintain levels of public sector employment -- and public sector union membership.

  • Mid-cap stocks are getting some love, finally

    NEW YORK (AP) — Maybe the middle child really should be the favorite. Just like families sometimes overlook the middle kid, investors all too often pay attention to just the smallest and largest stocks. Managers of mid-cap stock mutual funds say they've experienced the middle-child syndrome...

  • GE 1Q earnings fall, outlook strong

    NEW YORK (AP) — General Electric's new focus on oil and gas equipment helped the company to post strong first-quarter results. GE posted lower overall first-quarter net income than a year ago, but that's only due to the sale of NBC Universal during that period. The company said Thursday that...

  • US average rate on 30-year home loan 4.27 percent

    Average U.S. rates on fixed mortgages fell for the second straight week as the spring home-buying season begins.



From the Weekly Standard

  • 2014 ≠ 2016

    Polls are overrated, but they can be still instructive. So what’s to be learned from a Fox News survey of 1,012 registered voters conducted April 13-15? 

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  • Through a Google Glass, Darkly

    “Just because something bears the aspect of the inevitable one should not, therefore, go along willingly with it.” ​—​Philip K. Dick

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  • As Goes North Carolina

    Raleigh, N.C.  To win the Senate, Republicans must win North Carolina. While it’s mathematically possible to take the Senate without ousting Democratic senator Kay Hagan, the chances of that...

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