By Joseph Lawler | 03/31/14 12:33 PM
In an update to its global financial stability report for April, the IMF indicated that U.S. banks, as of 2013, are able to obtain funding more cheaply because investors believe that in the event of failure, the government will offer the banks support.
By Timothy P. Carney | 03/31/14 12:23 PM
Regulations are not always about protecting consumers and workers from avaricious or careless corporations. They are often about protecting incumbent businesses from competition: Melanie Armstrong wanted to be an African hair braider, practicing a skill passed down from generation to...
By Joseph Lawler | 03/31/14 11:16 AM
The problem with the U.S. economy isn't that workers lack the skills needed for today's jobs, it's that there aren't enough jobs to be had, Federal Reserve chairwoman Janet Yellen said Monday.
By Joseph Lawler | 03/31/14 09:52 AM
As the economy slowly and haltingly recovers from the recession, a major question about the job market looms, namely, whether those who gave up looking for work in the past few years are ever coming back. A related question, with more immediate implications for the Federal Reserve in...
03/31/14 09:31 AM
ATLANTA (AP) — State records show many companies that have been awarded expansion grants have fallen short of delivering the number of jobs they promised to state officials looking to bolster economic development. The Atlanta Journal-Constitution reported Sunday that a group of companies...
By James Jay Carafano | 03/30/14 03:48 PM
Americans wanted to know how the president planned to end the Great War and prevent the next one. And so, on September 27, 1918, Woodrow Wilson took to the stage of the Metropolitan Opera House. There, amid the beaux arts glitter and gilt, he declared that what the world needed was a League of...
By Joseph Lawler | 03/30/14 11:02 AM
Democratic senator Ron Wyden welcomed President Obama's proposed reforms to the National Security Agency's surveillance programs Sunday, but said that further steps were needed to curb spying on Americans. "I believe strongly we ought to ban all dragnet surveillance on law-abiding Americans,...
By Joseph Lawler | 03/30/14 10:50 AM
Retiring congressman Mike Rogers said Sunday that he was motivated to leave his powerful post as House Intelligence Committee chairman and become a talk show host because of the rising influence of what he described as "celebrity politicians" in national security debates. The Michigan...
By Associated Press | 03/29/14 11:06 AM
Vice President Joe Biden says raising the federal minimum wage is good for business.
By Joseph Lawler | 03/28/14 06:45 PM
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...
By Associated Press | 03/28/14 03:31 PM
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.
By Joseph Lawler | 03/28/14 01:39 PM
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,...
By Joseph Lawler | 03/28/14 11:40 AM
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...
By Joseph Lawler | 03/28/14 11:36 AM
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.
By Susan Ferrechio | 03/28/14 11:34 AM
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.
By Charles Hoskinson | 04/17/14
By Byron York | 04/17/14
By Susan Ferrechio | 04/16/14
By Joel Gehrke | 04/17/14
By Sean Higgins | 04/17/14