By Joseph Lawler | 07/10/14 12:53 PM
House Republicans are trying again to rein in the Federal Reserve, this time with a bill that would force the central bank to explain its monetary policy decisions to Congress.
07/10/14 11:30 AM
CHICAGO (AP) — Boeing Co. raised its long-term forecast for new airplane demand by more than 4 percent, based on expected orders of smaller, more fuel-efficient planes and burgeoning travel in Asia. The Chicago company said Thursday that it expects deliveries of 36,770 new airplanes over the...
07/10/14 11:00 AM
WASHINGTON (AP) — Average U.S. rates on fixed mortgages edged up slightly this week, remaining near historically low levels. Mortgage buyer Freddie Mac said Thursday that the nationwide average rate for a 30-year loan rose to 4.15 percent from 4.12 percent last week. The average for the...
07/10/14 10:30 AM
WASHINGTON (AP) — U.S. wholesale stockpiles rose in May at the weakest pace in five months as companies kept their supplies in line with slower sales. Wholesale stockpiles grew 0.5 percent in May, the Commerce Department said Thursday, down from a 1 percent surge in April. Big gains in...
By Christopher S. Rugaber | 07/10/14 07:57 AM
Weekly applications for unemployment aid dropped 11,000 to a seasonally adjusted 304,000, the Labor Department said Thursday. That's not far from a reading of 298,000 two months ago, which was the lowest since 2007, before the Great Recession began.
07/10/14 08:15 AM
LONDON (AP) — More "headline-grabbing" acquisitions are likely over the coming year as businesses take advantage of a period of improving economic growth and cheap financing. That's the conclusion of business consulting firm EY, which says the value of takeover deals announced in the first...
07/10/14 07:15 AM
LONDON (AP) — The Bank of England has kept interest rates steady at a record low of 0.5 percent and refrained from pumping more money into the economy even as the recovery gathers strength. Thursday's decision was widely expected, even after Bank of England Governor Mark Carney startled...
By Spencer Brown | 07/09/14 05:10 PM
You poor, misguided Republicans. If only you could get with President Obama's program, everything would be right in America again.
By Becket Adams | 07/09/14 04:45 PM
Long-term unemployment in the U.S. fell 293,000 in June to 3.1 million, the U.S. Bureau of Labor Statistics reported this month.
By Joseph Lawler | 07/09/14 03:18 PM
Federal Reserve officials have an end in mind for the latest round of quantitative easing: If all goes to plan, they will taper the central bank's bond purchases from the current $35 billion a month to zero by October.
By Joseph Lawler | 07/08/14 11:16 AM
Analysts had expected that the number of job openings for May would settle back down after a boom of nearly 10 percent in April. Instead, they rose again, from 4.5 to 4.6 million, according to the BLS' Job Openings and Labor Turnover Survey (JOLTS).
By David Freddoso | 07/07/14 06:53 PM
When President Obama took office in 2009, the U.S. economy was in the midst of the Great Recession of 2008. Five and a half years later, that historic swoon remains his excuse for continued economic stagnation.
By Becket Adams | 07/07/14 05:17 PM
The nation's wealthiest ZIP codes are concentrated mostly on the coasts, with California and New England playing host to some serious cash, according to a new report from the Atlantic's CityLab.
By Lawrence Kudlow | 07/07/14 11:56 AM
Let's bring American companies back home. There will be more growth, more investment, more jobs and much higher wages.
By Grant Schulte | 07/07/14 08:41 AM
Supporters of a higher minimum wage claimed victory last week in their effort to place the issue on the November ballot, but getting it there wasn't easy.
By Byron York | 07/23/14
By Luke Rosiak | 07/23/14
By Richard Pollock | 07/23/14
By Susan Crabtree | 07/23/14
By Byron York | 07/23/14