More Economy Articles

  • High fees eroding many 401(k) retirement accounts

    It's the silent enemy in our retirement accounts: High fees.

  • Gov. Malloy touts success of Conn. jobs program

    HARTFORD, Conn. (AP) — Connecticut Gov. Dannel Malloy is touting the success of a state program that promotes job creation by providing wage subsidies and training grants to small businesses. The initiative, known as the Subsidized Training and Employment Program or Step Up, help cover the...

  • Beef prices reach highest level since 1987

    LUBBOCK, Texas (AP) — The highest beef prices in almost three decades have arrived just before the start of grilling season, causing sticker shock for both consumers and restaurant owners — and relief isn't likely anytime soon. A dwindling number of cattle and growing export demand from...

  • JPMorgan's first-quarter profit falls 20 percent

    NEW YORK (AP) — JPMorgan Chase, the biggest U.S. bank by assets, said Friday its first-quarter earnings fell 20 percent, driven by a decline in investment banking and mortgage lending. EARNINGS: The bank reported net income of $4.9 billion for the first quarter, after stripping out payments...

  • Once-soaring tech stocks sink in sobering comedown

    SAN FRANCISCO (AP) — The stock market's laws of gravity are ravaging its highest fliers. Just look at the list of technology trailblazers whose values have plummeted from record highs during the past few weeks. Investors have re-focused on safer sectors such as utilities, health care and...

  • Stocks fall on jitters over earnings, tech rout

    NEW YORK (AP) — Investors drove the stock market lower for a second straight day Friday as they grew anxious that earnings growth was faltering. Weaker earnings at JPMorgan Chase dragged bank stocks lower. And big drops in once-soaring tech stocks pushed the Nasdaq composite down for a third...

  • How the Dow Jones industrial average did Friday

    Stocks dropped Friday for a second day in a row as investors grew anxious that corporate earnings growth is faltering. Weaker results at JPMorgan Chase dragged bank stocks lower. More declines in high-growth Internet and biotechnology stocks pushed the Nasdaq composite down for the third week in...

  • Obama economic adviser: The Great Moderation is over, if it ever existed

    The so-called "Great Moderation" of low economic volatility between the mid-1980s and the financial crisis of 2008 was not as great as it seemed, and the future likely won't be as pleasant, according to President Obama's top economic adviser.

  • The Gap and JPMorgan are big market movers

    NEW YORK (AP) — Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE JPMorgan Chase & Co., down $2.10 to $55.30 The nation's largest bank fell short of profit and revenue expectations as fee-based income took a hit across...

  • Tech stocks slide again; Nasdaq falls for 3rd week

    NEW YORK (AP) — Technology stocks are dropping for a second day in a row as investors flee highflying Internet and biotechnology companies. The Nasdaq composite closed out its third losing week in a row. The Nasdaq lost 54 points, or 1.3 percent, to end at 3,999 Friday. It was only the...

  • Two potential candidates to succeed Sylvia Matthews Burwell as budget chief

    President Obama's nomination of Sylvia Mathews Burwell to replace Kathleen Sebelius as HHS secretary leaves open Burwell's position as director of the Office of Management and Budget. Of the two deputy directors, Brian Deese and Beth Cobert, Deese may be the more likely candidate.

  • Earnings drop at JPMorgan drags bank stocks lower

    NEW YORK (AP) — Weaker earnings at JPMorgan Chase are dragging bank stocks lower in early trading. Technology and biotech stocks also fell, a day after the worst rout for the Nasdaq composite index since 2011. The Nasdaq fell another 12 points, or 0.3 percent, to 4,042 in the first few...

  • US producer prices rise 0.5 percent in March

    WASHINGTON (AP) — The prices companies receive for their goods and services jumped in March led by gains for food, clothing, jewelry and chemicals. The producer price index, which measures price changes before they reach the consumer, rose 0.5 percent in March, the Labor Department said...

  • Coldwater Creek files for bankruptcy protection

    SANDPOINT, Idaho (AP) — The women's clothing retailer Coldwater Creek has filed for Chapter 11 bankruptcy protection after failing to find a potential buyer or a source of capital to help fund its turnaround efforts. Coldwater Creek said Friday that its stores and its website are still open...

  • US warns Russia of tougher sanctions over Ukraine

    WASHINGTON (AP) — Treasury Secretary Jacob Lew told his Russian counterpart on Thursday that Russia could face tougher economic sanctions because of its actions in Ukraine. The U.S. Treasury said that Lew warned Russian Finance Minister Anton Siluanov that the United States is prepared to...



From the Weekly Standard

  • Through a Google Glass, Darkly

    “Just because something bears the aspect of the inevitable one should not, therefore, go along willingly with it.” ​—​Philip K. Dick

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  • 2014 ≠ 2016

    Polls are overrated, but they can be still instructive. So what’s to be learned from a Fox News survey of 1,012 registered voters conducted April 13-15? 

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  • As Goes North Carolina

    Raleigh, N.C.  To win the Senate, Republicans must win North Carolina. While it’s mathematically possible to take the Senate without ousting Democratic senator Kay Hagan, the chances of that...

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