More Economy Articles

  • 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,...

  • Jay Carney: No pay gap between men and women at White House

    The White House Monday hit back at suggestions that female employees at 1600 Pennsylvania Avenue earn less than their male counterparts, as President Obama readies two executive orders intended to close the wage gap between men and women.

  • Tech stock sell-off spreads through world markets

    LONDON (AP) — Mounting concerns over technology stocks weighed hard on stock markets around the world on Monday. The latest bout of nerves started last Friday when mainstays of the Internet economy such as Google and Netflix that have surged over the past year were hammered as investors had a...

  • Airlines say cost to factor in tracking standards

    ABU DHABI, United Arab Emirates (AP) — The director of the International Air Transport Association said Monday he wants to see a globally agreed upon tracking standard in place by the end of this year, which also takes into consideration the cost on airlines, in order to avoid another...

  • White House week ahead: Obama talks economy, heads to Lone Star State

    President Obama this week will devote much of his attention to the economy, holding multiple events on jobs before traveling to Texas to raise money for Democrats and attend a memorial service at Fort Hood. The White House spent most of last week trumpeting the more than 7 million Americans...

  • The week ahead in economics: finance, regulation and hiring

    Finance and financial regulation will be main features this week in Washington. On Tuesday, officials at some of the biggest regulatory agencies, including the Federal Reserve and the Consumer Financial Protection Bureau, will testify before the House Financial Services Committee. The hearing,...



From the Weekly Standard