More Economy Articles

  • Delta 2Q profit rises 17 percent

    ATLANTA (AP) — Delta Air Lines Inc. said Wednesday that second-quarter earnings rose 17 percent, topping analysts' expectations, as passengers flew more miles at higher average fares and fuel spending declined. The results from Delta, the world's third-biggest airline company, produced a strong...

  • US stocks drift following mixed corporate earnings

    NEW YORK (AP) — Stocks are little changed in midday trading as traders look over a mixed batch of corporate earnings. Boeing fell 2 percent Wednesday after its revenue fell short of what analysts were expecting. Apple rose 3 percent after its earnings came in ahead of forecasts. Apple sold 13...

  • Global stocks bolstered by US earnings, home sales

    LONDON (AP) — Markets were steady Wednesday as the focus turned toward U.S. corporate earnings and as tensions between Russia and the West over the downing of a Malaysian jetliner in Ukraine eased. In Europe, Britain's FTSE 100 closed flat at 6,798.15 while Germany's DAX added 0.2 percent to...

  • Derivatives regulator CFTC's 'revolving door' move to industry group criticized

    An outgoing commissioner of the regulatory agency that oversees derivatives contracts will become the CEO of the International Swaps and Derivatives Association, a trade group for firms that engage in derivatives transactions, according to a statement from the ISDA Wednesday.

  • Stocks open mostly lower following mixed earnings

    NEW YORK (AP) — Stocks are mostly lower in early trading as traders look over a mixed batch of earnings reports. Whirlpool, Ryder systems and Boeing all fell Wednesday morning after reporting their latest quarterly results. Apple was slightly higher after its earnings report late Tuesday came...

  • Contrarian's case: Why US could dip into recession

    NEW YORK (AP) — Just as the U.S. economy is strengthening, other countries are threatening to drag it down. Employers in the U.S. are creating jobs at the fastest pace since the late 1990s and the economy finally looks ready to expand at a healthy rate. But sluggish growth in France, Italy,...

  • Geopolitical tensions seen keeping oil prices high

    The price of oil fell slightly Tuesday but experts see geopolitical tensions preventing any significant short-term declines. U.S. benchmark crude for August delivery fell 17 cents to $104.42 a barrel on the New York Mercantile Exchange. The more heavily traded September contract slipped 47...

  • US stocks climb as earnings reports roll in

    NEW YORK (AP) — Solid earnings for a range of big companies helped nudge the stock market higher on Tuesday. The restaurant chain Chipotle Mexican Grill and the cable giant Comcast surged after reporting better results than Wall Street expected. "The news today is pretty good," said JJ...

  • Solid earnings drive more gains in US stocks

    NEW YORK (AP) — U.S. stocks are closing higher as more companies turn in solid earnings. Lockheed Martin rose 3 percent after the defense contractor's profit and revenue beat analysts' forecasts. Comcast rose 2 percent after reporting higher profit than the market was expecting. The giant...

  • Coke's sales miss estimates as Diet Coke flags

    ATLANTA (AP) — Coca-Cola Co. reported sales that fell short of Wall Street estimates on Tuesday as demand weakened for Diet Coke in North America. Globally, the world's biggest beverage maker, said sales volume rose 3 percent in the second quarter — including a 2 percent increase in sodas —...

  • VIDEO: Obama announces Workforce Innovation and Opportunity Act

    President Obama and Vice President Joe Biden announced new steps to help grow the country's middle class with new job training programs Tuesday.

  • McDonald's profit slips; US sales decline

    OAK BROOK, Ill. (AP) — McDonald's Corp. said its profit slipped in the second quarter as sales in the U.S. continued to flag. The world's biggest hamburger chain has been struggling to boost sales in its flagship market amid intensifying competition, changing eating habits and the persistent...

  • US home sales increase 2.6 percent in June

    WASHINGTON (AP) — Sales of previously owned homes rose for a third straight month in June, pushing activity to the highest level in eight months and providing evidence that housing is regaining lost momentum. The National Association of Realtors said Tuesday that sales of existing homes...

  • US consumer prices up 0.3 percent in June

    WASHINGTON (AP) — U.S. consumer prices rose in June at a slightly slower pace than in May with two-thirds of the June advance driven by the largest jump in gasoline prices in a year. Prices rose 0.3 percent in June following a 0.4 percent rise in May, the Labor Department reported Tuesday. The...

  • Inflation flattens out in June, and some good news for consumers

    Consumer inflation held steady at 2.1 percent yearly in June, the Bureau of Labor Statistics reported Tuesday morning.



From the Weekly Standard

  • Note to the House GOP: Kill the Bill

    The House Republican leadership is having trouble getting 218 votes for its immigration bill.

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  • A Fetish For Zizek

    It’s surely the most hilarious academic story so far this year: Slavoj Zizek, the most Marxist-chic of all Marxist-chic philosophers, has been caught plagiarizing an article from American...

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  • Lamar Alexander in the Crosshairs

    Nashville One name is ubiquitous at a July 22 rally for Republican Senate candidate Joe Carr, and it isn’t Joe Carr’s. Lamar Alexander, the Tennessee senator Carr hopes to defeat in the August 7...

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