More Economy Articles

  • Lowe's 2Q profit rises as weather improves

    MOORESVILLE, N.C. (AP) — Lowe's second-quarter net income increased 10 percent, bolstered by improving weather. The home improvement company's performance beat analysts' expectations, but the Mooresville, North Carolina, company lowered its full-year revenue outlook slightly, citing its...

  • Massachusetts cutlery maker files for bankruptcy

    BUCKLAND, Mass. (AP) — The nation's oldest cutlery manufacturer has filed for bankruptcy after 177 years of making knives and other kitchen tools. The Recorder of Greenfield (http://bit.ly/1n9sVuo ) reports that Lamson & Goodnow Manufacturing Co. of Shelburne Falls filed for Chapter 11...

  • Short-term home rentals get Biloxi's attention

    BILOXI, Miss. (AP) — Biloxi officials say 160 property owners are advertising on the Internet to rent their homes and condos for a few days to a few weeks. Jerry Creel, community development director, tells The Sun Herald (http://bit.ly/1BBc79E) that most aren't licensed or aren't paying taxes...

  • Asia stocks make slight gains, await Yellen speech

    TOKYO (AP) — Asian stock markets got a slight boost Wednesday from positive U.S. economic figures that reinforced expectations of eventual Fed rate hikes and a stronger dollar. KEEPING SCORE: Hong Kong's Hang Seng was up 0.1 percent at 25,154.62 while Japan's Nikkei 225 was little changed at...

  • US stocks move higher; Home Depot rises

    NEW YORK (AP) — U.S. stocks are closing higher after investors got some encouraging news about home building and corporate earnings. The Dow Jones industrial average rose 80 points, or 0.5 percent, to close at 16,919 Tuesday. The Standard & Poor's 500 index rose nine points, or 0.5 percent, to...

  • Q&A: How 1 US factory owner fought cheap imports

    WASHINGTON (AP) — Much of U.S. manufacturing has been decimated in the past decade by less expensive imports from China, but it didn't necessarily have to be that way, according to a compelling new book by journalist Beth Macy. Macy's book, "Factory Man," tells the story of one manufacturer who...

  • US home construction jumps 15.7 percent in July

    WASHINGTON (AP) — U.S. home construction rebounded in July, rising to an eight-month high and offering hope that housing has regained momentum after two months of declines. Construction increased 15.7 percent in July to a seasonally adjusted annual rate of 1.09 million homes, the Commerce...

  • This map shows the real value of 100 dollars in your state

    How far does a dollar go in your state compared to others in the United States?

  • Home Depot 2Q profit climbs 14 percent

    ATLANTA (AP) — Home Depot's fiscal second-quarter net income surged 14 percent thanks to a rebound in its spring selling season. The nation's largest home improvement retailer also raised its annual profit guidance Tuesday. Spring is the biggest season for home-improvement retailers, as...

  • US stocks open higher; Home Depot rises

    NEW YORK (AP) — Better news on home building and corporate earnings are sending stocks higher. The Dow Jones industrial average rose 41 points, or 0.3 percent, to 16,882 as of 9:36 a.m. Eastern time Tuesday. The Standard & Poor's 500 index rose three points, or 0.2 percent, to 1,975. The...

  • Lawmakers: Remington laying off 105 in New York

    ILION, N.Y. (AP) — Two New York state lawmakers say more than 100 workers at the Remington Arms manufacturing plant in the Mohawk Valley are being laid off as the company shifts two of its assembly lines to Alabama. Sen. James Seward of Oneonta and Assemblyman Marc Butler of Herkimer County...

  • Rising food costs keep inflation up in July

    Although consumer inflation, as measured by the Consumer Price Index, slowed in July, it also has now been above 2 percent annually for longer than any time since 2012.

  • Consumer prices edge up 0.1 percent in July

    WASHINGTON (AP) — U.S. consumer prices rose in July at the slowest pace in five months, held back by a drop in gasoline prices. Consumer prices edged up a seasonally adjusted 0.1 percent last month, after larger gains of 0.3 percent in June and 0.4 percent in May, the Labor Department reported...

  • Asia stocks rise after US gains, Ukraine diplomacy

    BEIJING (AP) — Asian stocks were mostly higher Tuesday after U.S. markets rose on news of diplomatic efforts to broker a cease-fire in Ukraine. KEEPING SCORE: Tokyo's Nikkei 225 index rose 0.9 percent to 15,465.61, Hong Kong's Hang Seng was up 0.2 percent at 25,002.34 and Seoul's Kospi added...

  • Secular stagnation is a cover-up

    The sooner we truly give up on Keynesianism, the sooner we can fix this economy.



From the Weekly Standard

  • ‘We Don’t Have a Strategy Yet’

    "Rooting out a cancer like ISIL won’t be easy and it won’t be quick,” President Obama told the American Legion’s annual convention in Charlotte on Tuesday, August 26. He repeated the thought in...

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  • No Mo’ Cuomo?

    Queens, N.Y. Peter Tu is thrilled about meeting with Rob Astorino, the Republican candidate for governor of New York. Tu is the executive director of the Flushing Chinese Business Association...

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  • Scotland the Brave

    If at first you don’t secede, try, try again. This might be the motto of Alex Salmond’s Scottish National party, which since 1934 has been advocating the proposition that Scotland should be an...

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