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By , on May 17th, 2013 <!– google_ad_section_start –> AMSTERDAM (AP) — World stock markets rose steadily on Friday after two key indicators suggested the U.S. economic expansion will continue. The Conference Board reported that its leading indicator index for the U.S. increased 0.6 percent in April, following a 0.2 decline in March, due to recovering housing and labor markets. “In general, the (index) points to a continuing economic expansion with some upside potential,” said Ataman Ozyildirim, an economist at the private research association.
Continue reading World stocks strong into the weekend
By , on May 17th, 2013 <!– google_ad_section_start –> AMSTERDAM (AP) — World stock markets shrugged off suggestions the U.S. Federal Reserve may begin to reverse some of its asset purchase programs by the end of the summer, and were mostly higher ahead of key data releases Friday. The Conference Board is due to report on U.S. leading indicators after North American markets open, along with the University of Michigan’s consumer sentiment index. Analysts are expecting both to show an improvement from March. <!– google_ad_section_end –>
Continue reading World stocks mostly higher
By , on May 17th, 2013 <!– google_ad_section_start –> BANGKOK (AP) — World stock markets were mixed Friday as investors digested a slew of disappointing data from the U.S. ahead of the release of a key measurement of the country’s economic outlook. Investors were looking ahead to the Conference Board’s index of leading indicators for April, to be released later Friday. The index is designed to anticipate economic conditions three to six months out. Analysts hope the figures will balance out several discouraging economic reports released Thursday, including a jump in unemployment aid applications to their highest level in six weeks. <!– google_ad_section_end –>
Continue reading World stocks mixed ahead of key US economic index
By , on May 17th, 2013 
The Boston bombing suspect wrote a message in a boat where he hid, describing victims of the attack as “collateral damage”, US media report.
Continue reading Boston suspect’s ‘note in boat’
By Josh Dzieza, on May 16th, 2013 The feds seize phone records every day without anyone ever finding out.
Continue reading It Could Happen to You
By Justin Green, on May 16th, 2013 The Wall Street Journal recounts the history of the federal government's war on the apostrophe:
Continue reading It’s Our Apostrophe, Government, And We’ll Do What We Choose With It
By , on May 16th, 2013 <!– google_ad_section_start –> BANGKOK (AP) — World stock markets were muted Thursday following dour European economic data that dampened hopes of a recovery there anytime soon. Losses were limited by another record session on Wall Street. The European Union statistics office said Wednesday that nine of the 17 countries that use the euro are in recession, including France. The combined economy of the 17 countries shrank by 0.2 percent in the first three months of 2013 compared to the prior quarter. <!– google_ad_section_end –>
Continue reading Stocs muted as Europe gloom offsets Wall St. gains
By , on May 16th, 2013 <!– google_ad_section_start –> An angry President Barack Obama sacked the acting head of the US Internal Revenue Service on Wednesday over a fast moving scandal sparked when officials unfairly targeted conservative groups. Obama said Treasury Secretary Jack Lew had asked for and received the resignation of tax agency chief Steven Miller and promised a new system of checks and safeguards to make sure the episode was not repeated. “Given the controversy surrounding this audit, it’s important to institute new leadership that can help restore confidence going forward,” Obama said. <!– google_ad_section_end –>
Continue reading Obama fires head of US tax agency over scandal
By , on May 15th, 2013 <!– google_ad_section_start –> BANGKOK (AP) — Enthusiasm on Wall Street sparked by another positive report on the U.S. economy helped push most Asian stock markets higher Wednesday. But lower-than-expected German economic growth disappointed investors elsewhere. The German economy narrowly avoided recession in the first quarter of 2013, with 0.1 percent growth for the quarter. However, analysts were expecting a 0.3 percent quarterly rise. <!– google_ad_section_end –>
Continue reading World stocks mixed after German 1Q growth released
By , on May 15th, 2013 <!– google_ad_section_start –> US ambassador to Russia Michael McFaul on Wednesday met officials at the foreign ministry after being summoned to explain the presence of an alleged CIA agent working undercover at the embassy who was detained this week. <!– google_ad_section_end –>
Continue reading US ambassador summoned in Russia spy row
By , on May 15th, 2013 <!– google_ad_section_start –> BANGKOK (AP) — Enthusiasm on Wall Street sparked by another positive report on the U.S. economy helped push most Asian stock markets higher Wednesday. The National Federation of Independent Business reported a slight improvement in confidence among small business owners in the U.S. in April. That helped boost the Dow Jones industrial average to close at a record high Tuesday. “A combination of further improvement of economic performance and low inflation in the US should keep risk appetite buoyant,” said analysts at Credit Agricole CIB in Hong Kong in an email commentary.
Continue reading Asia stocks up as US small business mood improves
By By MATTHEW L. WALD, on May 14th, 2013 The federal panel is recommending that states reduce the allowable blood-alcohol content to 0.05 percent, instead of the current 0.08 percent.
Continue reading Safety Board Endorses Lower Legal Alcohol Limit for Drivers
By , on May 14th, 2013 <!– google_ad_section_start –> It happened when the president had to interrupt his news conference with British Prime Minister David Cameron on Monday to answer questions about the widening investigation into the Benghazi attacks in Libya and the Internal Revenue Service’s targeting of Tea Party and other conservative groups. <!– google_ad_section_end –>
Continue reading Scandals threaten Obama’s second-term policy agenda
By , on May 14th, 2013 <!– google_ad_section_start –> Russia said on Tuesday it had caught an American red-handed as he tried to recruit a Russian intelligence officer to work for the CIA, a throwback to the cold war era that risks upsetting efforts to improve relations. The announcement came at an awkward time, just days after a visit by US Secretary of State John Kerry during which Washington and Moscow agreed to try to bring the warring sides in Syria together for an international peace conference. <!– google_ad_section_end –>
Continue reading Russia says CIA agent caught trying to recruit spy
By , on May 14th, 2013 <!– google_ad_section_start –> BANGKOK (AP) — World stock markets fell Tuesday despite data showing that U.S. consumers were revving up their retail spending last month, as investors made off with profits following recent rallies. The Commerce Department in Washington said retail sales increased 0.1 percent in April from March, an improvement from March’s 0.5 percent decline. Economists had forecast that sales declined by 0.3 percent in April. <!– google_ad_section_end –>
Continue reading World stocks struggle despite US retail sales gain
By , on May 14th, 2013 <!– google_ad_section_start –> BANGKOK (AP) — Asian stock markets were mixed Tuesday in a lukewarm reaction to data showing that U.S. consumers revved up their retail spending last month. The Commerce Department in Washington said retail sales increased 0.1 percent in April from March, an improvement from March’s 0.5 percent decline. Economists had forecast that sales declined by 0.3 percent in April. <!– google_ad_section_end –>
Continue reading Asia stocks mixed after US retail sales gain
By , on May 13th, 2013 <!– google_ad_section_start –> NEW YORK — The S&P 500 stock index gained marginally on Monday, notching an all-time closing high after data showed a rise in retail sales and as investors mulled when the Federal Reserve may begin to scale back its $85-billion-a-month bond-buying program. U.S. stocks fluctuated between small gains and losses for most of Monday’s trading session. “The market is pricing in a diverse set of information,” said Stephen Wood, chief market strategist for Russell Investments. <!– google_ad_section_end –>
Continue reading S&P 500 edges up to record high; Dow drops
By Daniel Gross, on May 13th, 2013 Tree huggers and deficit hawks rejoice: The federal government is buying up to 10,000 hybrid cars. There’s never been a better time to switch gears, writes Daniel Gross.
Continue reading Big Fat Green Government
By Megan McArdle, on May 9th, 2013 Should students get the same loan rates as banks at the discount window?
Continue reading Elizabeth Warren Wants the Fed to Get Into the Student Loan Business
By , on May 8th, 2013 <!– google_ad_section_start –> Students who took part in a protest on Monday when Chief Executive Leung Chun-ying visited City University accused some security guards of unnecessary violent treatment and demanded an explanation from the school. About 30 students from different universities, some of them members of the Federation of Students, protested on the Kowloon Tong campus to demand that Leung intervene in the dock workers’ strike, which was ongoing at the time, and fight for a collective bargaining law. <!– google_ad_section_end –>
Continue reading University student protesters ‘roughed up’ during CY visit
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World stocks strong into the weekend
<!– google_ad_section_start –> AMSTERDAM (AP) — World stock markets rose steadily on Friday after two key indicators suggested the U.S. economic expansion will continue. The Conference Board reported that its leading indicator index for the U.S. increased 0.6 percent in April, following a 0.2 decline in March, due to recovering housing and labor markets. “In general, the (index) points to a continuing economic expansion with some upside potential,” said Ataman Ozyildirim, an economist at the private research association.
Continue reading World stocks strong into the weekend
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