More Economy Articles

  • Senate bill to end Fannie Mae, Freddie Mac would save $60 billion

    The Congressional Budget Office just released an estimate of a bill that cleared the Senate Banking Committee in May and has failed to gain traction in the Senate.

  • VIDEO --- Weekly Examiner: Obama jets off to NATO summit

    President Obama this week is overseas for the NATO summit in Wales. He first stopped in Estonia to ease concerns over Russian forces moving in on Ukraine.

  • Stocks lifted by gains in dividend-rich utilities

    NEW YORK (AP) — Stocks rose on Friday for the first day this week, led higher by dividend-rich utility and phone companies. Investors bought up the stocks after the government reported that U.S. employers added fewer jobs than forecast for August. That boosted demand for bonds and pushed down...

  • Millennial unemployment 15 percent

    The latest employment numbers have been digested by the millennial lobby Generation Opportunity which pegged August unemployment for all aged 18-29 at 15 percent.

  • Americans now view banks positively

    The banking industry now has a net positive rating of 8 points, up from near -30 points in the depths of the recession. The real estate industry also has undergone a dramatic reversal in public perception, notching its first positive rating since the peak of the housing bubble in 2006.

  • Today's shoddy jobs report is not getting the silver lining treatment from many media outlets

    U.S. employers added only 142,000 jobs in August, nudging the unemployment rate to 6.1 percent, down from its previous posting of 6.2 percent, the U.S. Bureau of Labor Statistics reported Friday.

  • John Boehner unveils midterms agenda

    It's not quite the Contract with America, but House Speaker John Boehner is preparing to unveil a five-point agenda for the fall elections that includes reforming the tax code and reducing regulations.

  • August falls short of expectations as economy adds 142,000 jobs

    The economy added 142,000 jobs and the unemployment rate ticked down to 6.1 percent in the month, the Bureau of Labor Statistics reported Friday.

  • Analyst: Obama economy relies on 'temporary, flexible, and low-cost labor'

    The latest disappointing jobs report, which showed unemployment creeping up, shows that the economy continues to rely on cheap and temporary labor, according to a key financial analyst.

  • New banking rules could raise cost of borrowing, critics warn

    New regulations intended to prevent future financial panics will force banks and other companies to hold more Treasury securities.

  • Nevada offers Tesla up to $1.3B for battery plant

    CARSON CITY, Nev. (AP) — Gov. Brian Sandoval announced Thursday that Nevada won a high-stakes battle with four other states for Tesla Motors' coveted battery factory, but the win comes with a hefty price tag — up to $1.3 billion in tax breaks and other incentives over 20 years that state...

  • Asia stocks slip ahead of US jobs report; Tokyo up

    HONG KONG (AP) — Most major Asian stock benchmarks fell Friday as investors stayed on the sidelines before a key U.S. jobs report later in the day while Japanese stocks edged higher after the yen fell to a six-year low. KEEPING SCORE: Japan's benchmark Nikkei 225 index gained 0.2 percent to...

  • ECB surprises with rate cuts, new stimulus plan

    FRANKFURT, Germany (AP) — The European economy needs help. Most people didn't expect it would arrive quite this quickly. The European Central Bank cut interest rates Thursday and announced a program to pump money into the economy and stimulate lending by buying bundles of bank loans. The...

  • Wealth, minimum wage pop up in governor race

    CHICAGO (AP) — Illinois's gubernatorial race turned to the question of whether a candidate's personal wealth should be a qualifying factor in holding public office with the Democratic lieutenant governor candidate saying Thursday that Republican Bruce Rauner is too rich to be governor. Paul...

  • 10 arrested in Los Angeles fast-food wage protest

    LOS ANGELES (AP) — Los Angeles police have arrested demonstrators who blocked a downtown street near a McDonald's restaurant to protest low wages for fast-food workers. Police handcuffed 10 people on Thursday. A protest organizer, Alberto Retana, says eight of those detained are McDonald's...

From the Weekly Standard

  • All Together Now

    Republican voters are down on the sluggish GOP officials they elected, and the officeholders whine about the unreasonable people who voted for them. Republican backbenchers complain about their...

  • Millennial Mongers

    As far as newspaper corrections go, it was a whopper. On August 24, the editors of the New York Times sucked the air out of a windy essay that had blown through its pages a few days before. The...

  • Voter Intensity Strongly Against Obamacare

    A new poll from Public Opinion Strategies, commissioned by Independent Women’s Voice, finds that people who care about the issue of Obamacare really don’t like Obamacare.  On the flip side,...