More Economy Articles

  • SEC examining 'alternative' mutual funds

    WASHINGTON (AP) — Federal regulators are scrutinizing a type of mutual fund that's potentially riskier than conventional funds and is growing in popularity, prompting concerns over possible harm to ordinary investors. The Securities and Exchange Commission has disclosed that it's conducting a...

  • Like stocks, junk bonds show investor jitters

    NEW YORK (AP) — The stock market isn't the only place that's been signaling jitters among investors. The $2.3 trillion market for risky U.S. corporate debt has also been under pressure. A five-year rally in junk bonds abruptly stalled last month. As with other higher-risk investments, investors...

  • US stocks move lower in quiet trade

    NEW YORK (AP) — Stocks are closing lower following two days of gains as investors focus on problems in Ukraine and Iraq. Energy stocks fell more than the rest of the market, dragged down by a decline in the price of crude oil. The Dow Jones industrial average lost nine points, or 0.1 percent,...

  • How the Dow Jones industrial average did Tuesday

    The stock market pulled back slightly Tuesday, following two days of gains, as investors focused on the damage that ongoing geopolitical tensions were causing the global economy. Energy stocks were among the biggest decliners, dragged down by lower oil prices. On Tuesday: The Dow Jones...

  • Watch this map provide a brilliantly simplified perspective of the unemployment rate since 1976

    Map perfectly sums up the unemployment rate since 1976.

  • US budget deficit running 24.2 percent below 2013

    WASHINGTON (AP) — The federal government ran a lower deficit this July than a year ago, keeping it on course to record the lowest deficit in six years. The July deficit was $94.6 billion, an improvement of 3.1 percent from a year ago, the Treasury Department reported Tuesday in its monthly...

  • Sam Brownback sets goal of 100k new jobs in Kansas

    Republican Gov. Sam Brownback says he'll work to create 100,000 new private-sector jobs over four years if he's re-elected.

  • Gas prices in Massachusetts drop 6 cents a gallon

    BOSTON (AP) — The price of a gallon of gasoline in Massachusetts plunged 6 cents in the past week, yet remains above the national average. AAA Southern New England reports Tuesday that self-serve, regular has dropped to an average of $3.50 per gallon. That price is 17 cents lower than a month...

  • Italy's troubles weigh on eurozone

    FRANKFURT, Germany (AP) — Italy is standing out as the European economy's problem child. Again. Other countries that used to be the bearers of bad news — Spain, Greece, Ireland, Portugal — are slowly healing from the debt crisis that ravaged the currency union for much of the past five years....

  • US job openings in June hit 13-year-plus high

    WASHINGTON (AP) — U.S. employers in June advertised the most monthly job openings in more than 13 years. Employers posted 4.67 million jobs in June, up 2.1 percent from May's total of 4.58 million, the Labor Department reported Tuesday. The number of advertised openings was the highest since...

  • Here's the evidence that job creation is set to accelerate for real in 2014

    The Bureau of Labor Statistics reported Tuesday morning that the number of job openings grew from 4.6 million in May to 4.7 million in June, confirming a trend toward accelerating job creation in the first half of 2014.

  • US stocks waver in early trading

    NEW YORK (AP) — U.S. stocks are moving between slight gains and losses in early trading. Kate Spade, a maker of premium handbags, jumped 9 percent after reporting earnings and revenue that came in well ahead of what analysts were forecasting. The Standard & Poor's 500 index fell a fraction of...

  • Dendreon sinks after drugmaker warns of debt woes

    Dendreon Corp. shares tumbled Tuesday morning, a day after the drug developer warned shareholders that it has debt worries, and it is considering alternatives that could wipe out their ownership. The maker of the prostate cancer treatment Provenge said Monday in a Securities and Exchange...

  • Status conference scheduled in Detroit bankruptcy

    DETROIT (AP) — Attorneys representing the city and its creditors are expected to appear in court to discuss the confirmation process for Detroit's debt restructuring ahead of next week's bankruptcy trial. A status conference is scheduled to begin Tuesday morning in federal court in Detroit....

  • Senator: Business tax would undermine Tesla bid

    SPARKS, Nev. (AP) — U.S. Sen. Dean Heller warned Monday that a proposal to fund education by taxing corporations would undermine efforts to persuade Tesla Motors to build a $5 billion battery plant in Nevada. The Republican senator believes Nevada is well-positioned in the bidding war with...



From the Weekly Standard

  • An Appalling Propaganda Ploy

    The Islamic State, an al Qaeda offshoot, has released a grisly video of one of its fighters beheading a man who appears to be James Foley, an American journalist who was kidnapped in Syria on...

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  • IS Threatens Another U.S. Journalist

    The Islamic State’s official media arm, Furqan Media, has just released a video showing the beheading of American photojournalist James Wright Foley. The terrorist organization claims that the...

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  • Fear Itself

    Julie Gunlock is one mother who’ll welcome the return of pink slime. As the Wall Street Journal reported recently, the beef product processed from scraps left over from butchered cattle all but...

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