Five years into the recovery, economic growth remains weak -- here's one way to help the country get back on track
Real estate data provider CoreLogic says prices rose 7.4 percent in July from July 2013
Company also says it's willing to more than double the number of stores it would shed to avoid trouble with regulators
A summer drought in California is boosting the price of milk, dairy, produce and coffee. This year alone, Maxwell House, Folgers and Starbucks raised prices by as much as 10 percent. Jill Wagner reports from New York.
Morning Money Memo: It’s the battle of the dollar stores. Dollar General has boosted its bid for smaller rival Family Dollar, offering $80 a share in a deal that would be worth more than $9 billion. Family Dollar rejected an earlier bid from the firm...
Dow futures were up 0.2 percent to 17,124; broader S&P 500 futures rose 0.2 percent to 2,005.50
This is a good thing: Tar Heels in search of the easy A, beware. Starting this fall, UNC-Chapel Hill transcripts will provide a little truth in grading. From now on, transcripts for university graduates will contain a healthy dose of context. Next to a student’s grade, the record will include...
Before anyone asks, the Antidote will stay exactly where it is.
The Wall Street Journal’s Daily Report on Global Central Banks for Tuesday, September 2, 2014. Brian Blackstone identifies movements in the euro's exchange rate as the key test of whether the ECB's future efforts to boost growth and inflation will bear fruit.
Hopes of turning around Atlantic City's struggling casino market dashed
(September 2, 2014 07:01 AM, by Alberto Mingardi) The BBC reports that Uber has been banned in Germany by a Frankfurt court: A court in Frankfurt ruled that the firm lacked the necessary legal permits to operate under German law. It has emerged that the firm was told... (0 COMMENTS)
Joe Nocera had a good piece discussing the plight of factory workers in the United States subjected to low cost competition from China and other developing countries. He argues that the government has done too little to help the workers and the communities that have suffered from such competition. Show More Summary
That's what a Reuters story on the NYT website said Japanese leaders are troubled by. The piece told readers: "Policymakers are also pledging to draft a vision of how to keep Japan's ageing population from shrinking into oblivion, holding...Show More Summary
Since the Global Crisis, support has grown for the use of time-varying capital requirements as a macroprudential policy tool. This column examines the effect of bank-specific, time-varying capital requirements in the UK between 1990 and 2011. Show More Summary
The subprime lending crisis in the US triggered a broad financial panic that lead to the global recession. Domestically, it meant bankruptcy and disaster for many households. This column analyses racial discrimination in subprime lending. Careful estimation of a detailed dataset reveals across-lender effects to have substantially disadvantaged black and Hispanic borrowers.
The bankruptcy trial for Detroit begins Tuesday. The city will try to rescue its debt obligations by $12 billion. Plus, New Balance has unveiled a sneaker designed for military boot camp. Jill Wagner reports on the day's top MoneyWatch headlines.
The Congressional Budget Office’s projection of modest annual U.S. output growth of 2.2% in the coming decade is unattainable, as is the Federal Reserve’s expectation of growth near 3% in the next two years, according to a new paper by Northwestern University economics professor Robert Gordon.
Working from home doesn't always work so well, but this advice will get you up and running efficiently and happily
Chinese growth creates new markets for American companies, but its expanding investment in the U.S. has many on edge