More Economy Articles

  • Good news regarding long-term unemployment in March

    There was no evidence in the March employment data released by the Bureau of Labor Statistics of a major bounceback for a jobs market slowed by harsh weather earlier this year, but there were some good signs in the Friday report for the group struggling the most, the long-term unemployed. The...

  • Eric Holder: Justice investigating high-speed trading

    The Department of Justice is investigating high-frequency stock trading to see if any of the practices violate insider trading laws, U.S. Attorney General Eric Holder said Friday. Brokerage firms use high-frequency trading to get a jump on their competitors. Powerful computers analyze market...

  • Markets unmoved by broadly in-line US jobs data

    LONDON (AP) — European stocks closed the week on a high Friday after investors concluded that U.S. jobs data wouldn't prompt a change in the Federal Reserve's policy stance. U.S. stocks, however, gave up some early gains to trade modestly lower. The U.S. Labor Department found that the...

  • Big Ideas: On deportations, emperors and college dropouts

    Alex Nowrasteh for Cato at Liberty: It's become clear over the last few months that something very funny is going on with immigration enforcement statistics. ... The data generally show that interior enforcement, what most people commonly think of as “deportations” (but also includes I-9,...

  • U.S. private employment at a record high in March with modest jobs report

    The number of private-sector payroll jobs in the U.S. hit a record high of 116,087,000, the Bureau of Labor Statistics reported Friday, marking an important milestone in the country's weak and drawn-out recovery from the financial crisis. An otherwise modest jobs report showed the U.S. economy...

  • Obama spotlights minimum wage in university town

    Will the minimum-wage issue drive Democrats to the polls next November?

  • Good news in the jobs numbers? Depends on whom you ask

    Expect the White House and its media allies to tout Friday's March jobs report, which indicated that private-sector jobs have grown to an all-time high of 116,087,000. It's an important milestone because it means that the job market has finally recovered from the financial crisis of 2007-08....

  • Better weather may have lifted job growth in March

    WASHINGTON (AP) — Hiring went into a deep freeze this winter as harsh weather slowed the economy. A warmer March has raised a key question for Friday's monthly jobs report: Did hiring rebound in March along with the temperatures? Most economists think it did. But some of the pickup in hiring...

  • Manhattan Moment: Graduate borrowing is the real student debt problem

    It's no secret that student loan debt is reaching crisis levels in America, but the conventional narrative on student loans neglects a crucial aspect: the rapid growth of graduate student borrowing. A recent report by the New America Foundation argues that the real student debt problem occurs...

  • Federal Reserve governor Jeremy Stein, top bubble-watcher, resigns

    The Federal Reserve is losing its top bubble-watcher. Jeremy Stein, an Obama appointee who has served on the Fed's Board of Governors since 2012, submitted his resignation Thursday, effective late May. Stein, an academic economist before joining the Obama administration and then the central...

  • Money market fund assets fall by $13.12 billion

    Total U.S. money market mutual fund assets fell by $13.12 billion to $2.63 trillion for the week that ended Wednesday, according to the Investment Company Institute. Assets in the nation's retail money market mutual funds rose by $1.04 billion to $922.76 billion, the Washington-based mutual...

  • U.S. stocks slip, but hold close to an all-time high

    NEW YORK — The stock market held close to its all-time high on Thursday amid optimism that the economy is set to strengthen. Stocks are on course for their best weekly gain in seven weeks after investors got more encouraging news on the economy. A survey showed that U.S. service firms...

  • Signs of economic growth lure traders out of gold

    Gold prices are settling lower as more signs of growth in the U.S. economy draw traders away from precious metals. Gold for June delivery fell $6.20 to settle at $1,284.60 an ounce on Thursday. Silver for May lost 25 cents to $19.81 an ounce. The U.S. service sector grew in March, according...

  • US average rate on 30-year home loan 4.41 percent

    Average U.S. rates on fixed mortgages rose slightly this week but remained near historically low levels.

  • US home market: Few buyers and not enough sellers

    WASHINGTON (AP) — Entering the 2014 spring buying season, the U.S. housing market faces an unusual dilemma: Too few people are selling homes. Yet too few buyers can afford the homes that are for sale. "Both sides of the equation are in a funk," said Glenn Kelman, CEO of the real estate...



From the Weekly Standard

  • 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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  • 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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  • 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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