More Economy Articles

  • 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.

  • Stocks are mostly lower as Ukraine tensions flare

    NEW YORK (AP) — The stock market paused Friday, following four days of gains, after a speech by Federal Reserve Chair Janet Yellen left investors unsure about how the nation's most important financial voice feels about raising interest rates in the coming months. A flare-up in tensions between...

  • Jackson Hole demonstrators rally against rate hike

    JACKSON HOLE, Wyoming (AP) — Shadowing central bankers and economists at the annual Federal Reserve conference here, a group of about 10 demonstrators pressed Fed Chair Janet Yellen not to yield to pressure to raise interest rates. Carrying placards and green T-shirts embossed with the slogan...

  • Stocks end mostly lower as Ukraine tensions flare

    NEW YORK (AP) — More tensions in Ukraine left the stock market slightly lower in quiet trading. Investors were also poring over a speech by Federal Reserve Chair Janet Yellen, which gave few clues about the central bank's next moves on interest rates. Trading was unusually quiet with many...

  • Teacher fired for pregnancy sues Catholic school

    BUTTE, Mont. (AP) — A former teacher at a Montana Catholic school who was fired for being pregnant and unmarried is suing the school district. Shaela Evenson filed the lawsuit in U.S. District Court in Butte on Thursday, alleging her firing violated federal and state laws that prohibit...

  • McDonald's names new US president again

    NEW YORK (AP) — McDonald's named a new president for its struggling U.S. division on Friday, marking the second change in the high-profile spot in less than two years. The world's biggest hamburger chain says it's bringing back a longtime McDonald's executive, Mike Andres, to fill the role...

  • Janet Yellen's calculation of when to end the Federal Reserve's stimulus is changing

    The Fed chairwoman, speaking Friday at a conference of top central bankers in Jackson Hole, Wyo., acknowledged that the Fed is nearing a tipping point in its calculation between tightening monetary policy at the risk of creating more unemployment and keeping money too loose for too long.



From the Weekly Standard