More Economy Articles

  • Berkshire Hathaway to report earnings on Friday

    OMAHA, Neb. (AP) — Berkshire Hathaway Inc. will release its second-quarter earnings report Friday afternoon. The Omaha, Nebraska-based conglomerate is led by billionaire Warren Buffett, so many investors will read the report to learn more about deals and investments Buffett made. Much of the...

  • Ohio adds 244K jobs under John Kasich; recovery slow

    COLUMBUS, Ohio (AP) — Ask politician, pundit and voter alike and they will tell you the same thing: The November election is about jobs. Job growth is both a key economic indicator and an easy issue for politicians to talk about when campaigning. Yet when the claims of Republican Gov. John...

  • Worries about US consumers drag stocks lower

    NEW YORK (AP) — Investors got some bad news about the American shopper on Friday, driving down stocks and sending the Dow Jones industrial average to a loss for the week. Two major U.S. companies — the retail giant Amazon and the credit card processor Visa — both said that the second half of...

  • Oil rises just above $102 a barrel

    The price of oil traded around $102 a barrel on Friday, nearly unchanged, as worries over supplies and geopolitical tensions eased. Oil prices had slipped Thursday after spiking earlier in the week on lower U.S. inventories and tensions in Ukraine and the Middle East. Benchmark U.S. crude for...

  • Global tensions don't dent enthusiasm for stocks

    A war breaks out between Israel and Hamas. An airliner is shot out of the sky in Ukraine. A Portuguese bank's finances look shaky. And the U.S. stock market's response? After dipping briefly on the bad news, it climbs higher. The market's resilience this year — which has pushed it to a series...

  • Disappointing results at Visa, Amazon hurt stocks

    NEW YORK (AP) — The stock market is ending lower after Visa and Amazon posted disappointing results. The Dow Jones industrial average dropped 123 points, 0.7 percent, to close at 16,960 Friday. The Standard & Poor's 500 index fell nine points, or 0.5 percent, to end at 1,978. The tech-heavy...

  • The evidence that the long-term unemployed are finding jobs, not just giving up the job hunt

    There's new evidence that the huge number of Americans counted as long-term unemployed has been dropping in recent months because those people have been finding jobs, not because they've given up looking.

  • World stocks fall on US earnings, Russia sanctions

    LONDON (AP) — Global stock markets turned lower on Friday after weak earnings from Visa and Amazon and as European countries planned a range of sanctions against some Russian businesses. Shares in Amazon slid 11 percent after the company posted a loss that was much larger than expected because...

  • Disappointing results at Visa, Amazon dent stocks

    NEW YORK (AP) — The stock market is falling in midday trading after Visa and Amazon posted weaker results than Wall Street expected. The Dow Jones industrial average lost 127 points, 0.8 percent, to 16,956. The Standard & Poor's 500 index fell eight points, or 0.4 percent, to 1,979. The...

  • Big Ideas: On homelessness, strippers and 3D printing

    With inadequate housing or shelter options, many homeless people are forced to live out of doors and in public places.

  • US stocks ease on earnings results

    NEW YORK (AP) — The stock market is lower in early trading after online retail giant Amazon posted a quarterly loss. The Dow Jones industrial average lost 102 points, or 0.6 percent, to 16,981 shortly after the market opened Friday The Standard & Poor's 500 index slipped six points, or 0.3...

  • Orders for US durable goods up 0.7 percent in June

    WASHINGTON (AP) — Orders for long-lasting manufactured goods rebounded in June after a May decline, helped by a recovery in demand in a key category that signals business investment plans. Orders for durable goods increased 0.7 percent in June on a seasonally adjusted basis following a 1...

  • Reversing the decline in small business lending

    While small business lending often declines during a recession, recent regulatory changes may well result in a permanent decline in bank lending to small business.

  • The pros and cons of reauthorizing the Export-Import Bank

    Depending on who you talk to, the Ex-Im Bank is either a financial support that U.S. exporters need to compete globally -- or government interference in the private-sector lending market, primarily helping big companies that don't need it.

  • Dodd-Frank at war with itself

    The difficulty of Dodd-Frank implementation is not primarily the regulators' fault; the problem comes from Dodd-Frank's determination to rely on government regulation as a cure for government policy distortions. Instead, let's work on getting rid of the distortions that encourage people to behave...



From the Weekly Standard

  • Note to the House GOP: Kill the Bill

    The House Republican leadership is having trouble getting 218 votes for its immigration bill.

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  • A Fetish For Zizek

    It’s surely the most hilarious academic story so far this year: Slavoj Zizek, the most Marxist-chic of all Marxist-chic philosophers, has been caught plagiarizing an article from American...

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  • Lamar Alexander in the Crosshairs

    Nashville One name is ubiquitous at a July 22 rally for Republican Senate candidate Joe Carr, and it isn’t Joe Carr’s. Lamar Alexander, the Tennessee senator Carr hopes to defeat in the August 7...

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