More Economy Articles

  • Caterpillar CEO's compensation cut to $12 million

    DALLAS (AP) — Caterpillar Inc. cut the value of its CEO's pay package by 32 percent to $12 million in 2013, a year when the heavy machinery maker saw its profits fall by a third. That's according to an Associated Press analysis of a company filing with regulators Monday. Chairman and CEO...

  • First-time unemployment insurance claims rise

    BATON ROUGE, La. (AP) — First-time claims for unemployment insurance in Louisiana for the week ending April 12 increased from the previous week's total. The Louisiana Workforce Commission said Monday that initial claims rose to 2,461 from the previous week's total of 2,101. There were 2,620...

  • Thawing out: Warmer temperatures lift US economy

    WASHINGTON (AP) — Spring's thaw is reviving the economy, too. A recent batch of government and business reports show a U.S. economy emerging from winter's deep freeze. Economists had expected growth to accelerate in 2014 after two years of slow and steady improvement. But an unusually bitter...

  • USDA establishes rural business investment program

    DES MOINES, Iowa (AP) — The U.S. Department of Agriculture announced Monday a new $150 million program designed to provide investment capital to help small agriculture-related business in rural areas with cash needed to expand. Secretary of Agriculture Tom Vilsack announced in Cedar Rapids...

  • UAW drops appeal of defeat in Volkswagen vote

    NASHVILLE, Tenn. (AP) — The United Auto Workers dropped its appeal of a worker vote against unionizing at a Volkswagen plant in Tennessee, a move that the union said should put pressure on Republican politicians to quickly approve incentives the German automaker is seeking to expand its lone...

  • How the Dow Jones industrial average did on Monday

    The Dow Jones industrial average logged its longest winning streak in six months as a big week for corporate earnings began. The index rose for a fifth straight day on Monday, its longest winning streak since October. Halliburton, an oil and gas drilling company, rose after reporting a...

  • Halliburton posts $622M in 1st-qtr net income

    DALLAS (AP) — Halliburton made money in the first quarter on rising revenue in the Middle East and Asia, and the CEO said Monday that he sensed an upturn in the North American market. Earnings and revenue topped expectations and Halliburton reversed course after a loss a year ago, when...

  • Stocks post modest gains as earnings roll in

    NEW YORK (AP) — Stocks are closing higher as more U.S. companies report first-quarter earnings. Investors were also encouraged by an increase in an index designed to predict future economic growth. Halliburton rose 3 percent after the oil exploration company posted a profit for the first...

  • Hasbro posts 1Q profit, sales of girls' toys rise

    PAWTUCKET, R.I. (AP) — Hasbro returned to profitability in its first quarter, driven by sales of girls' toys such as My Little Pony and Nerf Rebelle. The prior-year results were dragged down by restructuring charges. Its latest earnings topped Wall Street estimates but revenue was short of...

  • The high cost of liberalism shows up in San Francisco housing costs

    Liberals advocate many wonderful things. In fact, I suspect that most conservatives would prefer to live in the kind of world envisioned by liberals, rather than in the kind of world envisioned by conservatives. Unfortunately, the only kind of world that any of us can live in is the world that...

  • Oil stays above $104 amid Ukraine jitters

    The price of oil edged higher Monday and stayed above $104 per barrel as investors watched the simmering tensions in Ukraine. U.S. crude for May delivery rose 7 cents to $104.37 on Monday, after a three-day holiday weekend. Markets are on edge at the possibility of European or U.S. sanctions...

  • Rates mixed at weekly US Treasury auction

    WASHINGTON (AP) — Interest rates on short-term Treasury bills were mixed in Monday's auction. Rates on three-month bills slipped and rates on six-month bills were unchanged. The Treasury Department auctioned $25 billion in three-month bills at a discount rate of 0.030 percent, down from 0.035...

  • Report: Sandy's fallout affecting small business

    LONG BEACH, N.Y. (AP) — When suburban New York delicatessen owner P.J. Whelan heard the findings of a Federal Reserve Bank of New York poll released Monday on Superstorm Sandy's effect on small businesses, he began nodding in agreement. "They got those numbers right," the Long Beach, N.Y.,...

  • Gauge of US economy up for 3rd straight month

    WASHINGTON (AP) — A measure of the U.S. economy's health rose in March for the third consecutive month, a sign of stronger growth after harsh winter weather caused the economy's pace to slow. The Conference Board says its index of leading indicators increased 0.8 percent in March after a 0.5...

  • Stocks edge higher as major earnings week starts

    NEW YORK (AP) — Stocks are edging higher as another big week for company earnings begins. Halliburton rose after the oil exploration company said it was profitable in the first-quarter after reporting a loss in the same period a year ago. Athenahealth, a provider of online services to the...



From the Weekly Standard

  • Why the New York Times Poll Is Bogus

    The Arkansas Senate race has been close in virtually every serious poll. The Republican challenger, Tom Cotton, probably had a small lead a month or so ago; after a massive negative assault on him...

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  • Hustle Is Overrated

    The Bryce Harper-Mike Trout showdown is underway and the outcome is, well, inconclusive. In round one Monday night, the Nationals leftfielder walked and went hitless in three at bats while the...

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  • Kennedy’s Question

    We often think of the Constitution as a two-part document: first the original 1787 text, which primarily establishes the government’s structure; and then the amendments, which primarily set...

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