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The chief drawback of a law as complex as the Affordable Care Act, the health insurance reform measure passed in 2010, is that it provides self-interested opponents a multitude of places to stick a wedge in and hammer away. But you'd be hard-pressed...
WASHINGTON -- Consumers will help keep economic growth on track this year, as new projections of their spending indicate it will offset the hit to the recovery from the federal government's automatic budget cuts, a panel of economists said Monday. The...
Encouraging news about the U.S. economy extended the stock market's rally Friday. A gauge of future economic activity rose more than analysts had expected, as did a measure of consumer confidence, adding to evidence that the economy is steadily...
WASHINGTON -- Initial jobless claims unexpectedly jumped to a six-week high of 360,000 last week after declining to a post-recession low this month, the Labor Department said Thursday. The number of people filing for the first-time for unemployment...
PARIS -- Beleaguered French President Francois Hollande suffered a further setback in his attempts to pull France out of its economic slump after official figures showed Wednesday that the country has entered a double-dip recession. Figures released by...
Tags: Francois Hollande, France, European Union, Japan
WASHINGTON — The federal deficit is shrinking more quickly than expected, and the government's long-term debt has largely stabilized for the next decade, the Congressional Budget Office said Tuesday in a report that could strengthen the Obama...
Spring’s arrival late in April gave retail sales a light boost as Americans emerged from hibernation to spend on cars, gardening goods and building supplies. From March to April, sales rose a slight 0.1% after declining a revised 0.5% from...
Initial jobless claims continued to decline last week in another hopeful sign that the labor market is improving. The number of people filing for unemployment benefits for the first time fell to a seasonally adjusted 323,000 last week, down 4,000 from...
NEW YORK -- It’s only a few days into May, but already investors have seen one surprise after another, as the Dow Jones industrial average passed 15,000 for the first time Friday on the strength of a better-than-expected jobs report. The S&P 500,...
WASHINGTON -- Initial jobless claims dropped last week to their lowest level in more than five years, countering recent signals that the economic recovery is slowing. The number of people filing for the first time for unemployment benefits fell to 324,...
WASHINGTON -- Consumer confidence rebounded in April as Americans felt better about the economy's short-term prospects and their own incomes, the Conference Board said Tuesday. The group's Consumer Confidence Index rose to 68.1 this month after dropping...
WASHINGTON -- The pace of economic growth picked up in the first quarter, but not nearly as fast as many analysts had forecast -- an unwelcome sign given other recent indicators that the recovery is losing some steam and further government spending cuts...
May 21, 2013 |Column| Los Angeles Times
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