More Economy Articles

  • 2 more recalls push GM total to 4.8M in a month

    DETROIT (AP) — General Motors announced two more recalls late Friday, bringing to 4.8 million the number of cars, trucks and SUVs the automaker has called back for repairs in the past month. The string of recalls, topped by an ignition switch problem in compact cars now linked to 13 crash...

  • Shadow banking remains out of regulators' grasp

    Regulators implementing the Dodd-Frank financial reform law and trying to ensure that big banks don't fall into another crisis know that may be looking in all the wrong places. Instead of the big banks that are normally the focus of regulations meant to protect taxpayers and the broader...

  • Oil up slightly, ends week with 2 percent gain

    The price of oil rose slightly Friday and finished the week with a 2 percent gain amid signs of stronger economic growth in the U.S. and global supply concerns. Benchmark U.S. crude oil for May delivery gained 39 cents to $101.67 a barrel on the New York Mercantile Exchange. For the week, oil...

  • Stocks edge up as Americans open their wallets

    The Dow Jones industrial average rose 58 points, or 0.4 percent, to 16,323 and the Nasdaq composite rose four points, or 0.1 percent, to 4,155.

  • Consumer confidence weathers the winter cold, but some signs of concern for lower-income households

    U.S. consumers are emerging from the harsh winter with their confidence slightly tempered, yet resilient. The Thomson Reuters/University of Michigan Survey of Consumers released Friday morning showed consumer sentiment slipping slightly in March to 80, down from 81.6 in February. Nevertheless,...

  • World stocks gain on US data, China stimulus hopes

    LONDON (AP) — World stock markets pushed higher Friday after a measure of U.S. consumer spending rose and expectations grew that China will move to counter its economic slowdown. Market sentiment has been buoyed this week by hopes for more stimulus in China as growth has slowed to its weakest...

  • The feds love housing in 160 ways

    The federal government’s involvement in the housing industry — which is between one-sixth and one-fifth of the economy — is “fragmented across 160 programs and activities,” it found in 2012. Through spending programs, the tax code, government-sponsored enterprises and regulations, the...

  • Big Ideas: On serving sizes, sales taxes and green eating

    One size rarely fits all. You wouldn't buy clothes from a store offering only the largest sizes, blindly accepting the word of the proprietor that a super-sized pair of slacks is what you want and need.

  • Senate Democrats hope economic agenda can save majority

    Senate Democrats, fearful of losing their majority in November, rolled out an ambitious, populist "Fair Shot for Everyone" agenda that aims to rally their base and divert voter attention from Obamacare.

  • Democrats sweat over slumping support from single women, younger voters

    With voters depressed over the economy, upset with Obamacare and greatly disapproving of President Obama, Democrats are in a sweat over lackluster voter turnout in November when control of the Senate will be up for grabs. New polling shows that Republicans are super-charged at getting a chance...

  • Licensing laws protect special interests at the expense of opportunity

    New Jersey's recent “war on Tesla” continues to stir passions and invoke outrage.

  • Senate moves forward on jobless pay bill in rare bipartisan vote

    Congress took a small step toward renewing federal unemployment insurance benefits on Thursday with a Senate vote to begin debate on a jobless pay measure. Ten Republicans joined Democrats in a 65-34 vote on the bill, which would restore benefits for five months and provide retroactive pay for...

  • Editorial cartoon: Three years from now

    Cartoon by Bob Englehart/Cagle Cartoons.

  • Weakness in tech stocks pushes indexes lower

    The Dow Jones industrial average lost four points, or 0.2 percent, to 16,264. The tech-heavy Nasdaq composite lost 22 points, or 0.5 percent, to 4,151.

  • House Democrats submit plan to end Fannie Mae and Freddie Mac

    House Democrats have submitted their own bid to bring an end to the bailed-out government-sponsored mortgage businesses Fannie Mae and Freddie Mac, joining House Republicans and two bipartisan groups in the Senate in proposing a broad overhaul of the American system of housing finance.

From the Weekly Standard