The Washington Times Online Edition

Economy

Featured Articles
  • **FILE** A sign marks Wall Street in New York. (Associated Press)

    Stocks bounce around on global economic worries

    By Associated Press

    Stocks are bouncing between small gains and losses as investors weigh the prospects of a global economic slowdown even as several U.S. companies report strong earnings. Published March 23, 2012 Comments

  • Jim Yong Kim, President Barack Obama's nominee to be the next World Bank President, stands in the Rose Garden of the White House in Washington, Friday, March 23, 2012. Kim is currently the president of Dartmouth College. (AP Photo/ Haraz N. Ghanbari)

    Obama taps Jim Yong Kim for World Bank

    By Julie Pace - Associated Press

    President Obama on Friday nominated Dartmouth College president and global health expert Jim Yong Kim to lead the World Bank, an unconventional pick that could help to quell criticism in the developing world of the U.S. stranglehold on the international organization’s top post. Published March 23, 2012 Comments

  • Michelle Chesney-Offutt is seen in her Sandwich, Ill., home before leaving for work as an insurance customer service representative on March 22, 2012. Chesney-Offutt, who was unemployed for nearly three years before landing a job, said a recruiter who responded to her online resume two years ago backed away when he learned she had been out of work for 13 months. (Associated Press)

    For long-unemployed, hiring bias rears its head

    By Stephen Singer - Associated Press

    Few job seekers who fail to get an interview know the reason, but Michelle Chesney-Offutt said a recruiter told her why she lost the chance to pitch for an information technology position. Published March 23, 2012 Comments

  • ** FILE ** A Bank of America branch is shown in a Charlotte, N.C., file photo from April 20, 2006. Bank of America said Thursday March 22, 2012, it has begun a pilot program offering some of its mortgage customers who are facing foreclosure a chance to stay in their homes by becoming renters instead of owners. (AP Photo/Chuck Burton, File)

    Bank of America to offer rentals as foreclosure alternative

    By Associated Press

    Bank of America says it has begun a pilot program offering some of its mortgage customers who are facing foreclosure a chance to stay in their homes by becoming renters instead of owners. Published March 23, 2012 Comments

  • A hamburger is made from ground beef containing a filler the meat industry calls "lean, finely textured beef" but critics label "pink slime." A growing number of grocery chains, including Kroger, Giant and Safeway, are offering meat without the additive. (Associated Press)

    Kroger, Giant join rush away from ‘pink slime’

    By Mae Anderson - The Washington Times

    Supermarket chains Giant, Kroger Co. and Stop & Shop said Thursday they will join the growing list of store chains that will no longer sell beef that includes an additive with the unappetizing moniker “pink slime.” Published March 22, 2012 Comments

Recent Articles
  • U.S. unemployment aid applications hit 4-year low

    By Christopher S. Rugaber - Associated Press

    The number of people seeking U.S. unemployment aid fell to a four-year low last week, bolstering the view that the job market is strengthening.

  • VERSACE: Free help in stock-picking, courtesy of SEC

    By Chris Versace - The Washington Times

    As quarterly earnings reports slow to a trickle and economic data in any given week are light, most professional investors use the downtime to catch up on what's afoot in various industries, sifting through that daunting pile of reading that tends to accumulate. That pile can include newspaper and magazine articles, press releases, third-party reports and studies, and one of my personal favorites - corporate filings with the Securities and Exchange Commission.

  • IRS chief: Average tax refund this year about $3,000

    By Associated Press

    The nice Internal Revenue Service refund check that many families eagerly await this time of year is down slightly from 2011 but still not too shabby: an average of about $3,000.

  • Q&A: What makes gasoline prices rise?

    By Jonathan Fahey - Associated Press

    Watching the numbers on the gas pump tick ever higher can boil the blood and lead the mind to wonder: Why are gasoline prices so high?

  • Economy Briefs: Airbus says 2,000 jobs at risk over China order freeze

    By THE WASHINGTON TIMES

    The head of Airbus says up to 2,000 jobs are at risk because Chinese airlines have frozen orders for 55 jets worth $14 billion in protest at the European Union's emissions trading plan.

  • Bagel guru Murray Lender dies at age 81 in Fla.

    By Dave Collins - Associated Press

    Murray Lender, who helped turn his father's small Connecticut bakery into a national company credited for introducing bagels to many Americans, has died in Florida. He was 81.

  • Stocks lower on worries over China slowdown

    By Pallavi Gogoi - Associated Press

    Signs that China's economy is weakening and Europe's is slowing hurt U.S. stock prices Thursday.

  • Rare bipartisanship as Senate passes jobs, insider-trading bills

    By Sean Lengell - The Washington Times

    The Senate broke through its normal routine of gridlock Thursday to pass two significant bipartisan measures aimed at cutting red tape for small businesses and explicitly banning insider stock trading for members of Congress.

  • Unhappy public not sure who to blame for high gas prices

    By John Rogers - Associated Press

    Families canceling vacations. Fishermen watching their profits burn up along with their boats' gasoline. Drivers buying only a few gallons of gas at a time because they can't afford to fill the tank.

Get free daily emails from breaking news to the day’s top stories. Privacy Policy

* required
Happening Now