Economy

Is There Really A ‘Conservative Reform’ Movement In Policy?

May 24th, 2013

A few years ago, Freddie DeBoer argued that the terms “left” and “liberal” in the political blogosphere were really more descriptive of argument style and political strategy rather than any actual ideological differences. I think there’s a similar issue at play in the wave of articles about conservatives seeking to reform the movement. As 2013 rolls on,
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Poll: More Americans Feeling Effects Of Sequester Cuts

May 24th, 2013

According to the latest Washington Post/ABC News poll, the budget sequester is finally starting to pack a political punch. The poll finds that 37 percent of Americans now say that the sequester has hurt them personally — a significant rise from March, when a Post/ABC poll found that the $85 billion across-the-board spending cuts had
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Procter & Gamble Brings Back A.G. Lafley As CEO

May 24th, 2013

NEW YORK (AP) — Household products giant Procter & Gamble Co. is hoping its former CEO can work his magic once again. The Cincinnati company said late Thursday that former CEO A.G. Lafley, a 33-year industry veteran, is returning its top post. The surprise move comes as the world’s largest consumer-products maker tries to spur
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World Stocks Stabilize After Big Sell-off

May 24th, 2013

MOSCOW (AP) — World stocks stabilized on Friday, a day after global markets dropped sharply on concerns global growth is slowing and the Federal Reserve could start scaling back its monetary stimulus. Japan’s Nikkei, which had led the previous day’s losses with a plunge of over 7 percent, was volatile before closing 0.9 percent higher
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Oil Falls Below $94 On Weak Outlook For Demand

May 24th, 2013

BANGKOK (AP) — The price of oil was knocked lower Friday by a combination of ample supplies and lukewarm demand. Benchmark oil for July delivery was down 40 cents to $93.85 per barrel at late afternoon Bangkok time in electronic trading on the New York Mercantile Exchange. The contract fell 3 cents to close at
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