More Economy Articles

  • Cowboys worth more than $3 billion, tops in NFL

    NEW YORK (AP) — The Dallas Cowboys are the first U.S. sports franchise to top $3 billion in value. For the eighth straight year, the Cowboys are worth the most of all 32 NFL franchises, according to Forbes. They're valued at $3.2 billion; only Real Madrid at $3.4 billion is worth more among...

  • Trading in US stocks subdued ahead of Fed minutes

    NEW YORK (AP) — U.S. stocks are drifting in midday trading as traders wait for the latest news from the Federal Reserve. The Dow Jones industrial average rose 30 points, or 0.2 percent, to 16,950 as of noon Eastern time Wednesday. The Standard & Poor's 500 index was up two points, or 0.1...

  • Smucker misses Street 1Q forecasts

    ORRVILLE, Ohio (AP) — J.M. Smucker Co. (SJM) on Wednesday reported earnings of $116 million in its fiscal first quarter. The Orrville, Ohio-based company said it had profit of $1.14 per share. Earnings, adjusted for non-recurring costs, came to $1.34 per share. The results did not hit Wall...

  • Stocks open lower after two straight gains

    NEW YORK (AP) — U.S. stocks are opening lower after two straight days of gains. The Dow Jones industrial average fell eight points, or 0.1 percent, to 16,911 as of 9:35 a.m. Eastern time Wednesday. The Standard & Poor's 500 index fell two points, or 0.1 percent, to 1,979. The Nasdaq composite...

  • Glencore swings to profit, announces buyback

    GENEVA (AP) — Commodities and mining group Glencore PLC says it will buy back up to $1 billion of its own shares as profit for the first half of the year rose 8 percent. The Swiss-based company, which created an industry giant through the merger between Glencore and Xstrata, says the...

  • 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...

  • 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?

  • 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.

  • Secular stagnation is a cover-up

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

  • Liberal and conservative lawmakers press Janet Yellen on bailouts

    A bipartisan group of Congress' most vocal lawmakers on matters of financial regulation is challenging Federal Reserve Chairwoman Janet Yellen over the central bank's commitment to avoiding future bailouts.

  • WEX BackStory: Janet Yellen makes her case

    This week could be set the tone for the future of the U.S. and international monetary policy, as the world's central bank leaders meet for an annual conference in Jackson Hole, Wyo.



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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  • Small Ball in Wisconsin

    West Allis, Wis. --  Scott Walker looked relaxed. Dressed in light blue Levi’s jeans, a navy polo shirt, and white and gray Nike sneakers, the Wisconsin governor had just finished speaking at a...

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  • Democrats Take the Low Road

    Conway, Ark. "Tom Cotton voted against preparing America for pandemics like Ebola,” a TV ad in Arkansas declared last week. The ad came from Democrat Mark Pryor, who is running for reelection to...

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