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Economy

New home sales pick up slightly in September

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In addition to a deep recession, soaring unemployment, a stock market crash, and collapsing housing prices, banks must prepare to withstand oil prices at $110 a barrel, federal regulators said Thursday. (iStock)
Economy

Bank stress tests: Stock market collapse, recession, $110 oil

Joseph Lawler -
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Secretary of the U.S. Department of Labor Thomas Perez speaks to business and community leaders at a Los Angeles Area Chamber of Commerce event, in Los Angeles on Aug. 18, 2014. (AP Photo/Nick Ut)
Economy

‘We suck. We really do,’ Labor secretary says about minimum wage

Joseph Lawler -
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Treasury: Islamic State raking in millions from oil, ransoms
Economy

Treasury: Islamic State raking in millions from oil, ransoms

Joseph Lawler -
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Unemployment claims beat expectations again, raising expectations for jobs growth
Economy

Unemployment claims beat expectations again, raising expectations for jobs growth

Joseph Lawler -
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Falling inflation presents problem for Fed
Economy

Falling inflation presents problem for Fed

Joseph Lawler -
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Man jumps White House fence and is immediately arrested
National Security

Man jumps White House fence and is immediately arrested

Joseph Lawler -
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One member of the Securities and Exchange Commission had colorful criticism for his colleagues Wednesday as they voted to finalize a long-delayed mortgage rule that has been significantly loosened following industry concerns that it would crimp lending. (iStock Photo)
Economy

SEC commissioner rips regulators for bowing to industry on mortgage rule

Joseph Lawler -
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Consumer prices rose 0.1 percent in September, the Bureau of Labor Statistics reported Wednesday, defying analysts' expectations for no change and fears that the U.S. is headed toward disinflation.
Economy

Inflation picks up slightly in September despite falling trend

Joseph Lawler -
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Although the industry prevailed on the mortgage rule, lenders remain worried about having to buy back faulty loans from government mortgage buyers Fannie Mae and Freddie Mac, and, even more importantly, the threat of future litigation over loans they make. (iStock)
Economy

Don’t expect easier credit from watered-down mortgage rule

Joseph Lawler -
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