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Economic Policy

U.S. economy grows at scorching 4 percent in 2nd quarter

U.S. economy grows at scorching 4 percent in 2nd quarter

WASHINGTON — The much-stronger-than-expected 4 percent rate of annual U.S. economic growth from April through June, reported Wednesday by the Commerce Department, put to rest fears that the U.S. economy was slipping into low gear.

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Fed offers a dual message on health of US economy

Fed offers a dual message on health of US economy

FILE - In this July 2, 2014, file photo, Federal Reserve Chair Janet Yellen speaks at the International Monetary Fund in Washington. The Federal Reserve is widely expected to make sixth reduction in bond purchases Wednesday, July 30, 2014. (AP Photo/Susan Walsh, File)

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New sanctions expected to hurt Russia long-term

New sanctions expected to hurt Russia long-term

MOSCOW — U.S. and European sanctions against Russia’s energy and finance sectors are strong enough to cause deep, long-lasting damage within months unless Moscow persuades the West to repeal them by withdrawing support for Ukrainian insurgents.

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Sanctions will damage Russia if not lifted quickly

Sanctions will damage Russia if not lifted quickly

Russian President Vladimir Putin, background center, heads the Cabinet meeting in the Novo-Ogaryovo residence, outside Moscow, Russia, Wednesday, July 30, 2014. The meeting focused on measures to encourage Russian companies to pull their assets back from offshore. The United States and the E…

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A more vigorous US economy appears to be emerging

A more vigorous US economy appears to be emerging

In this July 29, 2014 photo, jeweler Murray Cadenhead works on repairing a piece of jewelry at Perry's Fine Jewelers on Independence Boulevard in Wilmington, N.C. The government issues its first of three estimates of how fast the U.S. economy grew in the April-June quarter on Wednesday, July…

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Yemen ends fuel subsidies, nearly doubling prices

SANAA, Yemen (AP) — Fuel prices in Yemen nearly doubled Wednesday as the government ended a fuel subsidy program costing billions of dollars, sparking scattered demonstrations that saw one person killed as authorities quickly dispersed protesters, security officials said.

13 hours ago Photos

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Yemen ends fuel subsidies, nearly doubling prices

Yemen ends fuel subsidies, nearly doubling prices

Yemenis set tires on fire during a protest against the inflation of fuel prices in Sanaa, Yemen, Wednesday, July 30, 2014. Yemeni protesters blocked roads by burning tires on streets in the Yemeni capital against the government's decision to raise fuel prices. The fuel crisis which hit the c…

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Yemen ends fuel subsidies, nearly doubling prices

Yemen ends fuel subsidies, nearly doubling prices

A Yemeni man sets a tire on fire during a protest against the inflation of fuel prices in Sanaa, Yemen, Wednesday, July 30, 2014. Yemeni protesters blocked roads by burning tires on streets in the Yemeni capital against the government's decision to raise fuel prices. The fuel crisis which hi…

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Stockpiling may be behind rise in US-Russia exports

WASHINGTON — In the months since the United States imposed sanctions on Russian businesses and close associates of President Vladimir Putin, an odd thing has happened: U.S. exports to Russia have risen.

July 28, 2014 2:15 pmLoading…
Ruth Marcus: Will justices again save Obamacare?

Ruth Marcus: Will justices again save Obamacare?

Roberts zealously guards the court's institutional standing against accusations of overreaching.

July 24, 2014 7:30 pmLoading…
George Will: California's Kashkari is Goldwater 2.0

George Will: California's Kashkari is Goldwater 2.0

Republican gubernatorial candidate may lose now but help party gain traction.

July 23, 2014 7:30 pmLoading…
Faulty ruling on subsidies could torpedo health law

Faulty ruling on subsidies could torpedo health law

The full D.C. Circuit should reconsider and reverse its panel's 2-to-1 ruling.

July 23, 2014 6:45 pmLoading…

We're heading into a jobless future

Within two decades, we will have almost unlimited energy, food, and clean water.

July 21, 2014 8:00 pmLoading…

$33 million deficit to lead to service cuts in Tucson

Tucson is facing a projected $33.2 million budget deficit next fiscal year, City Manager Richard Miranda notified the City Council Tuesday.

February 04, 2014 2:43 pmLoading…

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