More Economy Articles

  • North Dakota winter wheat crop hurt by disease

    MINOT, N.D. (AP) — Some North Dakota grain elevators are urging farmers to bin their newly harvested winter wheat until the market figures out what to do with a heavily diseased crop. The crop is showing high levels of vomitoxin — a toxin associated with scab disease that can make grain unsafe...

  • In New Jersey Senate campaign, echoes of Ron Paul

    New Jersey Republican Senate candidate Jeff Bell, who is running against incumbent Democrat Sen. Cory Booker, is making criticism of the Fed and a return to the gold standard the centerpiece of his campaign.

  • Seed company sued by migrant workers in Michigan

    CASSOPOLIS, Mich. (AP) — A major seed company is being sued by 32 migrant farm workers and seven of their children over the workers' claims that they were underpaid and experienced unsafe conditions and poor housing while removing tassels from corn in southwestern Michigan. The workers are...

  • Survey: U.S. gas prices down 4 cents per gallon

    CAMARILLO, Calif. (AP) — The average U.S. price of gasoline has dipped 4 cents per gallon in the past two weeks, and prices in California have fallen 5 cents in the same time period. According to the Lundberg Survey released Sunday, the average nationwide price for a gallon of regular is now...

  • California push to avert higher gas prices stalls

    SACRAMENTO, Calif. (AP) — Lawmakers from both parties are pushing to halt an increase in the price of gasoline and other fuels expected to hit consumers in January, but their efforts appear to be dead with just a week to go in the legislative session. A pair of bills — one sponsored by...

  • Roche to buy U.S. biotech firm InterMune for $8.3b

    BERLIN (AP) — Swiss pharmaceutical company Roche said Sunday it has reached an $8.3 billion deal to buy InterMune Inc., a California-based developer of treatments for lung diseases. The companies have reached an agreement under which Roche will acquire InterMune in an all-cash transaction,...

  • Pro and con to argue Mass. natural gas pipeline

    DALTON, Mass. (AP) — Representatives of Kinder Morgan are scheduled to visit western Massachusetts to present their side in a debate over a natural gas pipeline expansion. The Berkshire Eagle reports (http://bit.ly/VJLVJ4 ) that Dalton officials intend to organize a panel of residents to argue...

  • Director named at tech center in Lafayette, La.

    LAFAYETTE, La. (AP) — The chairwoman of the commission that oversees the Louisiana Immersive Technologies Enterprise Center has taken over as the research center's chief executive officer. The Advocate reported (http://bit.ly/1ts0dtV) Paula Carson replaces Kam Ng, who resigned July 31 to move...

  • As conference ends, economists give clashing views

    JACKSON HOLE, Wyoming (AP) — Most visitors to Wyoming's Grand Teton National Park are drawn to the peak that gave the park its name — a 13,776-foot monolith that dominates the sweeping skyline. But for the economists and central bankers who gathered in a lodge here for the past three days,...

  • Governor's race: How are Ohio households doing?

    CINCINNATI (AP) — Looking at a wide-screen view of Ohio's economy, there are clear signs of economic progress during Republican John Kasich's time as governor. Zooming into the kitchen tables of typical Ohioans brings a fuzzier picture. In the broad view, the state has added jobs and reduced...

  • Household incomes drop in Ohio, US

    Real median household incomes, meaning all inflation-adjusted income for households at the midpoint of income distribution, for the United States and Ohio over the last five years available: 2008 — United States: $53,644. Ohio: $50,051. 2009 — U.S.: $53,285. Ohio: $49,112. 2010 — U.S.:...

  • Obama urges renewal of US Export-Import Bank

    EDGARTOWN, Mass. (AP) — President Barack Obama is trying to rally support for a taxpayer-subsidized bank that he says creates jobs. In his weekly radio and Internet address, Obama urges business owners to lobby Congress to renew the U.S. Export-Import Bank. The bank provides loans, loan...

  • Yellen signals uncertainty about a rate increase

    JACKSON HOLE, Wyoming (AP) — If anyone thought Janet Yellen might clarify her view of the U.S. job market in her speech here Friday, the Federal Reserve chair had a message: The picture is still hazy. Though the unemployment rate has steadily dropped, Yellen suggested that other gauges of the...

  • Goldman in deal worth $1.2B over US bond claims

    WASHINGTON (AP) — Goldman Sachs has agreed to a settlement worth $1.2 billion to resolve claims that it misled U.S. mortgage giants Fannie Mae and Freddie Mac about risky mortgage securities it sold them before the housing market collapsed in 2007. The Federal Housing Finance Agency, which...

  • WEX BackStory: Janet Yellen's trillion-dollar question

    Federal Reserve Chairwoman Janet Yellen's speech Friday at an annual summit of central bank leaders paints a picture of what to expect in the coming months.



From the Weekly Standard