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  • Obama administration sanctions Russia's largest bank

    The Obama administration Friday announced new penalties against Russia's largest bank and expanded sanctions on the nation's energy and defense sectors, pledging additional economic punishment if Russian President Vladimir Putin continues his incursions in Ukraine.

  • Nevada governor signs tax breaks to ink Tesla battery factory deal

    Republican Gov. Brian Sandoval signed legislation late Thursday. Nevada beat out Arizona, New Mexico, Texas and California for the "gigafactory," as it's known. It's projected to bring 20,000 jobs and $100 billion to the economy in 20 years.

  • Asia stocks muted; Tokyo rises as yen extends fall

    HONG KONG (AP) — Japanese stocks pushed higher on Thursday as the yen sank further against the dollar while other Asian benchmarks struggled for direction after a mixed close on Wall Street. KEEPING SCORE: Japan's Nikkei 225 rose 0.4 percent to 15,966.71, underpinned by the weakening yen which...

  • Democratic senators appeal directly to Burger King CEO to stop inversion

    In a letter addressed to Burger King CEO Daniel S. Schwartz, Majority Whip Dick Durbin and four other senators urged the company to back out of the deal to merge with Canadian chain Tim Hortons and move the combined company's headquarters to Canada.

  • Buffett called GOP senator before Burger King deal

    Noting that he's friends with Buffett, Hatch said that the Omaha-based investor "called me to say, 'you gotta do something about tax inversions.' I believe that was before he entered into the Burger King situation. I think he wanted to know where we were going."

  • Average US 30-year mortgage rate at 4.12 percent

    WASHINGTON (AP) — Average long-term U.S. mortgage rates rose slightly this week but remained near their lows for the year. Mortgage company Freddie Mac said Thursday the nationwide average for a 30-year loan edged up to 4.12 percent from 4.10 percent last week, where it had stayed for three...

  • Alcoa lands $1 billion-plus contract with Boeing

    NEW YORK (AP) — Alcoa Inc. said Thursday that it won a multi-year contract worth more than $1 billion to supply aluminum products to aircraft maker Boeing Co. Alcoa said it was the largest contract ever between the companies. The companies also agreed to work together to develop new alloys for...

  • Average US 30-year mortgage rate at 4.12 percent

    WASHINGTON (AP) — Average long-term U.S. mortgage rates rose slightly this week but remained near their lows for the year. Mortgage company Freddie Mac said Thursday the nationwide average for a 30-year loan edged up to 4.12 percent from 4.10 percent last week, where it had stayed for three...

  • Window closing for Obama to fill Federal Reserve board

    If Republicans take control of the Senate after the November elections, Obama's ability to appoint his preferred candidates to the Federal Reserve Board of Governors would be limited.

  • Project to export natural gas approved

    The Energy Department gave the final approval for the Cameron LNG facility in Hackberry, La., on Wednesday to export up to 1.7 billion cubic feet per day of LNG for up to 20 years.

  • Manufacturers: Regulations cost economy $2 trillion annually

    The National Association of Manufacturers released a study Wednesday finding that federal rules on conducting business, protecting the environment, keeping workers safe, and complying with taxes impose an average cost of nearly $20,000 per worker for manufacturing and more than $233,000 for the...

  • Liberals fume as Obama advances trade deal

    Liberal allies stateside who accuse him of ignoring their numerous objections to the deal, which would be one of the biggest in U.S. history even though China is not included in it.

  • Conservative disagreement over the right tactics for killing the Export-Import Bank

    House Republican leaders have released a proposal to keep funding government through the election. The proposed CR includes a 6-month extension of the Export-Import Bank.

  • GOP tax writer: Treasury has a hidden tax-reform plan

    "I believe the Treasury Department has completed — or is very close to completing — such a plan, but refuses to make it public," House Ways and Means Committee Chairman Dave Camp said Wednesday.

  • Correction: Detroit-Bankruptcy story

    DETROIT (AP) — In a story Sept. 9 about a tentative agreement reached between Detroit and major creditor Syncora in its bankruptcy trial, The Associated Press reported erroneously that Steven Schlein is a spokesman for Syncora. Schlein does public relations for Kirkland & Ellis, a law firm...



From the Weekly Standard

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  • Another Fight Obama Shirks

    When it comes to military actions, President Obama likes to declare the end of wars, regardless of whether America’s opponents agree that is the case. When it comes to economic wars, he has no...

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  • Second Time’s a Charm?

    Voters in Connecticut’s gubernatorial election this November will face a familiar choice as Republican Tom Foley squares off against Democrat Dan Malloy. Four years ago, in a nail biter for what...

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