News
Bloomberg | Growth at U.S. Factories Holds Near Fastest Pace of Year
Growth at U.S. factories held in June near the fastest pace of the year, a sign that manufacturing helped boost the economy in the second quarter.
Market Watch | Home prices rise 1.4% in May; 10 states hit records highs
As spring sales continued, U.S. home prices in May rose 1.4%, and 10 states set record highs, according to data released Tuesday.
National Journal | The 5 Best and Worst Cities for Small Businesses, According to Small-Business Owners
There are a number of surveys that use state and federal data to determine how good places are for small businesses. But a new survey released Tuesday asks small-business owners what they think of their hometowns.
Bloomberg | Euro-Area Manufacturing Slows on France as Spain Gains
Manufacturing in the euro area slowed more than initially estimated in June as a deepening of France’s downturn offset a rise in Spanish activity to a seven-year high.
Econ Comments & Analysis
CNN Money | 4 signs the stock market is overheating
CNNMoney took a look at a slew of recent data on stock valuations and corporate sentiment, and while the prospects for global economic growth remain robust, savvy investors need to stay vigilant.
Market Watch | Economy this year will be no better than last year
The sharp drop in first-quarter gross domestic product virtually guarantees that growth for the year as a whole will be minimal, at best.
AEI | Is a new housing bubble possible?
Would it be possible to have a new housing bubble? Yes, of course. How long does it take to forget the lessons of the last crisis? By the historical record, about 10 years, and it is already eight years since the peak of the great U.S. housing bubble of 1999-2006, and five years since the end of the financial crisis of 2007-2009. As former-Federal Reserve Chairman Paul Volcker wittily observed, “About every 10 years, we have the biggest crisis in 50 years.”
Daily Signal | Congress Needs to Get Serious About Eliminating Some Government Programs
Summer is here and school is out. For many parents this means toys everywhere around the house and never-ending debates to get the kids to put their stuff away. Or, some parents may choose to just pick up after their kids.
Blogs
WSJ | Value of Americans’ Foreign Holdings Decline to Start Year
The value U.S.-owned foreign assets shrank by $108 billion, or 0.5%, during the first quarter 2014, the Commerce Department said Monday.
