More Economy Articles

  • Regulators finalize leverage ratio for big banks, would require $68 billion of extra capital today

    The amount of cash banks are required to hold in case of an emergency is increasing, thanks to a rule that U.S. regulatory agencies finalized Tuesday. The Federal Reserve and other agencies voted to increase the supplementary leverage ratio for the eight largest U.S. banks, requiring that they...

  • US stocks rise for the first time in four days

    NEW YORK (AP) — Maybe the sell-off was a little overdone. That was the sentiment on Wall Street Tuesday as the stock market broke a three-day losing streak. The gain pushed the Standard & Poor's 500 index back into positive territory for the year. The rebound was driven partly by...

  • Stocks rise, breaking a three-day losing streak

    Stocks are closing higher as the market stabilizes after a three-day slump. Technology stocks rose after taking a beating over the past week.

  • US bacon prices rise after virus kills baby pigs

    MILWAUKEE (AP) — A virus never before seen in the U.S. has killed millions of baby pigs in less than a year, and with little known about how it spreads or how to stop it, it's threatening pork production and pushing up prices by 10 percent or more. Scientists think porcine epidemic diarrhea,...

  • GM to invest $449 million in 2 Detroit-area factories

    DETROIT (AP) — General Motors plans to invest $449 million in two Detroit-area factories to build the next-generation Chevrolet Volt hybrid electric car and two unspecified new vehicles. The company said the investment eventually will bring a second shift at the Detroit assembly plant that...

  • Obama rips GOP 'excuses' on equal pay for women

    President Obama on Tuesday signed two executive orders on equal pay for women, using the event to mock Republicans as out of touch on the issue of paycheck fairness. “You'll hear all sorts of excuses -- they're childbearing, they're choosing to do this ... she was doing the same job,”...

  • More grinding improvement in U.S. job creation in February

    Labor market churn picked up slightly in February, the Bureau of Labor Statistics reported Tuesday morning, but the pace of hiring and firing remains far below the levels that prevailed before the financial crisis that began six years ago. The number of job openings crossed the 4 million mark,...

  • US employers advertised more open jobs in February

    WASHINGTON (AP) — U.S. employers posted more job openings in February, a sign that hiring will likely improve in the months ahead. The Labor Department said Tuesday that employers advertised 4.2 million job openings, up 7.7 percent from January. That's the highest number of postings since...

  • Two advocacy groups enter the battle over Fannie Mae and Freddie Mac

    The fate of the bailed-out mortgage businesses Fannie Mae and Freddie Mac likely won't be resolved for years, but at least two new advocacy groups are staking out positions in the looming battle over U.S. housing finance. One new 501c(4) organization, the Coalition for Mortgage Security,...

  • IMF: World economy is stronger but faces threats

    WASHINGTON (AP) — The global economy is strengthening but faces threats from super-low inflation and outflows of capital from emerging economies, the International Monetary Fund warns. The lending organization expects the global economy to grow 3.6 percent this year and 3.9 percent in 2015,...

  • Oil up above $101 on renewed unrest in Ukraine

    The price of oil climbed above $101 a barrel Tuesday, supported by renewed unrest in eastern Ukraine and as traders awaited weekly data on U.S. crude stockpiles. By early afternoon in Europe, benchmark U.S. crude oil for May delivery was up 90 cents to $101.34 a barrel in electronic trading on...

  • Stocks slump, extending decline from last week

    NEW YORK (AP) — For investors, a volatile stock market passed a worrisome milestone on Monday. The market logged its longest losing streak in two months, and extended a sell-off that began last week. After biotechnology and internet stocks pulled the market lower on Friday, it was companies...

  • Ow, Canada: US retailers get the cold shoulder

    For years, Canadians would cross the border to the U.S. to shop at Target. Exporting its cheap chic there seemed like a no-brainer. But a year after opening more than 100 stores north of the border, Target has found business isn't so easy. Shelves are hard to keep stocked. Shoppers complain...

  • S&P 500 posts longest losing streak since January

    NEW YORK (AP) — U.S. stocks are sagging at the close, pushing the broader market to its longest losing streak since January. Declines were led by financial firms and consumer discretionary companies, which provide goods and services that are not must-haves for shoppers. High-growth technology...

  • US consumer borrowing up $16.5 billion in February

    WASHINGTON (AP) — Consumers increased their borrowing in February on autos and student loans by the largest amount in a year. But for a second straight month, they cut back on their credit card use. Consumer borrowing climbed $16.5 billion in February, up from a $13.5 billion gain in January,...



From the Weekly Standard

  • Kristol Podcast: The GOP's Prospects in 2014 & 2016

    THE WEEKLY STANDARD Podcast with editor William Kristol on the GOP's prospects in 2014 and 2016. This podcast can be downloaded here . Subscribe to THE WEEKLY STANDARD's iTunes podcast...

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  • Monotony Motors

    Anyone who’s ever misplaced the family car in a parking lot at the mall must surely sense that we are not living in a golden era of automobile design. Gazing in panic out across that vast tar...

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  • ‘Core’ Al Qaeda Gathering in Yemen

    A video of a large al Qaeda gathering in Yemen has raised eyebrows in the press. Nasir al Wuhayshi, the head of al Qaeda in the Arabian Peninsula (AQAP), as well as general manager of al...

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