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Economies
Feds Will Utilize Strategic Petroleum Reserve for Louisiana Recovery
The U.S. Department of Energy announced Thursday it will utilize the nation’s Strategic Petroleum Reserve to address fuel shortages in Louisiana because of Hurricane Ida. The Category 4 hurricane devastated ...
September 4, 2021
BY
The Center Square
Californians Will Pay Highest Gas Prices Ever for Labor Day Weekend
By Hugo Martín From Los Angeles Times Los Angeles–A Labor Day weekend road trip is going to put ...
September 4, 2021
BY
Tribune News Service
WTO Backs US in Solar Cell Case Brought by China
BRUSSELS—The United States secured a victory at the World Trade Organization (WTO) on Thursday in a case brought ...
September 3, 2021
BY
Reuters
‘Inflation Could Repeat Trajectory of 1960s’: Economic Historian Niall Ferguson
Inflation could be repeating the trajectory of the late 1960s, which set in motion sustained high inflation in ...
September 3, 2021
BY
Katabella Roberts
Lower Rents Bring New Innovators to New York City
By Rodolfo Delgado After a year of stress and quarantine, I decided to go to Madison Square Park, my ...
September 3, 2021
BY
Entrepreneur
Fed Likely to Announce Taper in November, Former Fed Official Says
The U.S. Federal Reserve is likely to announce the tapering of its asset purchases in November and begin ...
September 3, 2021
BY
Reuters
European Stocks Slip Ahead of PMI, US Jobs Data
European stocks slipped on Friday ahead of U.S. employment data that could influence the Federal Reserve's policy outlook, ...
September 3, 2021
BY
Reuters
A School Movement Targeting Minorities That Works. But Progressives Don’t Like It.
Michael Landsbaum hit bottom after his father lost his job and couldn’t pay rent, leaving the teenager homeless ...
September 2, 2021
BY
RealClearInvestigations
Ryanair Passenger Numbers Rise in August to 11.1 Million
DUBLIN—Ryanair on Thursday said it flew 11.1 million passengers in August, 75 percent of the number the budget ...
September 2, 2021
BY
Reuters
China to Keep Tight Curb on Overseas Flights
China is set to keep a tight restraint on overseas flights well into 2022, according to analysts who ...
September 2, 2021
BY
Reuters
Weekly Jobless Claims Fall to Fresh Pandemic-Era Low
Another 340,000 American workers filed for unemployment last week, a historically elevated number that nonetheless marked the lowest ...
September 2, 2021
BY
Tom Ozimek
Stock Futures Rise Ahead of Unemployment Data Release
Wall Street futures edged up on Thursday as investors looked to the weekly jobless claims filings later in ...
September 2, 2021
BY
Tom Ozimek
College Graduate Starting Salaries at All-Time High Despite Pandemic: Report
Starting salaries for college graduates are at an all-time high despite the COVID-19 pandemic, according to a recent ...
September 2, 2021
BY
Katabella Roberts
Residential Construction Spending Rises in July, Boosted by Strong Single-Family Home Outlays
U.S. residential construction spending rose in July, though at a slower pace than in the prior month, as ...
September 2, 2021
BY
Tom Ozimek
Global Elite Latches Onto Neo-Socialist Vision: The Green New Deal
Commentary A reconfigured global elite are shaping up around a new kind of vision for transforming our world. ...
September 1, 2021
BY
Eric Louw
US Manufacturing Activity Ticks Up, Beating Forecasts: ISM
Strong order growth in America's manufacturing sector pushed the Institute for Supply Management's (ISM) factory activity gauge above forecasts, ...
September 1, 2021
BY
Tom Ozimek
UK Supply Chain Problems Leave Pubs Short of Beer
The supply chain issues that have dogged some retailers in recent weeks are now leaving some British pubs ...
September 1, 2021
BY
Simon Veazey
American Employers Hired Far Fewer Workers Than Expected in August: ADP
Private sector employment in the United States rose by 374,000 in August, sharply undershooting consensus expectations of 613,000, ...
September 1, 2021
BY
Tom Ozimek
Factories Hit By Pandemic-Related Supply Disruptions
Global factory activity lost momentum in August, just one day after GDP data showed robust manufacturing growth in the ...
September 1, 2021
BY
Katabella Roberts
Millions of Americans Set to Lose Pandemic Unemployment Benefits Next Week, No Signs of States Extending
Millions of Americans are set to lose their federal pandemic unemployment benefits as the Sept. 6 deadline marking ...
September 1, 2021
BY
Tom Ozimek
Consumer Confidence Falls to 6-Month Low on COVID-19 and Inflation Worries
U.S. consumer confidence fell in August to its lowest level in six months, driven by concerns about the ...
August 31, 2021
BY
Tom Ozimek
China’s Economy Under Pressure as Factory Activity Slows in August, Services Contract
BEIJING—China's businesses and the broader economy came under increasing pressure in August as factory activity expanded at a ...
August 31, 2021
BY
Reuters
Hong Kong’s Strict Quarantine Rules Threaten to Erode Allure of Financial Hub
HONG KONG—Hong Kong's government is facing growing pressure from business lobby groups to open borders or risk losing ...
August 31, 2021
BY
Reuters
Gas Prices to Rise as Hurricane Ida Shuts Down 95 Percent of Gulf’s Oil Production
Hurricane Ida shut down more than 95 percent of the Gulf of Mexico’s oil production, said regulators, suggesting the ...
August 29, 2021
BY
Jack Phillips
Consumer Spending Growth Slows, Sentiment Takes a Plunge
New government data shows U.S. consumer spending in July grew by a lackluster 0.3 percent, a far slower ...
August 27, 2021
BY
Tom Ozimek
Stocks Return to Records on Wall Street Following Fed Speech
NEW YORK—Stocks are returning to records on Wall Street Friday after the head of the Federal Reserve said ...
August 27, 2021
BY
The Associated Press
Key Inflation Gauge Posts Fastest Annual Price Gain in 30 Years
The Federal Reserve's preferred inflation gauge, the so-called core personal consumption expenditures (PCE) price index, vaulted in the 12 ...
August 27, 2021
BY
Tom Ozimek
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Former Patriots Wide Receiver David Patten Dies at 47
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