Edition: U.S. / Global

Thursday, November 6, 2014

Business Day Economy

A boy from Honduras watches TV at a Border Patrol detention facility in McAllen, Tex. An overhaul of immigration laws is a tough issue within the Republican Party.
John Moore/Getty Images

A boy from Honduras watches TV at a Border Patrol detention facility in McAllen, Tex. An overhaul of immigration laws is a tough issue within the Republican Party.

Issues expected to get a new look include a corporate tax overhaul, environmental and financial regulation, trade deals and the Keystone oil pipeline.

State Wage Initiatives Fare Better Than Democrats

If the ballot measures on Tuesday were any measure, the issue has become unmoored from partisan politics, drawing support from both sides.

Senator Mitch McConnell at the University of Louisville on Wednesday. Mr. McConnell said he had spoken with the president on advancing free trade agreements, and lamented the fact that the United States now has the highest corporate tax rate in the industrialized world.
Todd Heisler/The New York Times

Senator Mitch McConnell at the University of Louisville on Wednesday. Mr. McConnell said he had spoken with the president on advancing free trade agreements, and lamented the fact that the United States now has the highest corporate tax rate in the industrialized world.

Tax reform, international trade and budget policy may offer common ground for Democrats and Republicans in President Obama’s final two years in office.

E.C.B. Signals Broader Action to Stimulate Europe’s Economy

The bank moved closer to the kind of large-scale government bond purchases used in the United States and left its benchmark interest rate unchanged.

U.S. Services Sector Activity Slows Again; Private Payrolls Gain

The Institute for Supply Management said its services index fell to 57.1 last month from a reading of 58.6 in September.

European Union Lowers Growth Forecasts as Business Confidence Sags

The 28-member bloc adjusted its estimates after weak economic performance in France, Germany and Italy, and in the face of declining business confidence.

The Upshot

Kansas Faces Additional Revenue Shortfalls After Tax Cuts

Three more months of data are in, and the state is still collecting much less income tax than it expected.

U.S. Consumer Prices Barely Rise as Inflation Remains Muted

The Labor Department said that its Consumer Price Index edged up 0.1 percent last month as a rise in food and shelter costs offset a broad decline in energy prices.

The Upshot

When a Stock Market Theory Is Contagious

Is the world economy suffering from “secular stagnation”? True or false, the idea alone could keep hurting stock prices.

Special Section

Mutual Funds Report: Second Quarter

Mutual funds and E.T.F.s generally fared well in the second quarter, despite rumblings from global trouble spots and the Federal Reserve’s intention of reducing economic stimulus.

The Nation’s Economy, This Side of the Recession

In the five years since the United States began its slow climb out of the deepest recession since the 1930s, the job market has undergone a substantial makeover.

The Upshot
How the Recession Reshaped the Economy, in 255 Charts

Five years since the end of the Great Recession, the private sector has finally regained the nine million jobs it lost. But not all industries recovered equally.

From the Magazine
It's the Economy
Will the LeBron James Stimulus Be Good for Cleveland?

Some locals are hoping King James’s return will revive the city’s economy, but experts say these predictions are wildly inflated and unlikely to last.

Columnists
Economic Scene

Seeking New Tools to Address a Wage Gap

Redistributing income with taxes and transfers is largely failing to close the income gap. Perhaps it’s time to try a corporate approach.

Fair Game

Cracks in the Stress Tests of European Banks

All but a relative few European banks passed a recent exam regarding their soundness. But some findings in the European Central Bank’s report point to shortcomings.

Economic Scene

More Renters, Less Risk for Wall St.

Making meaningful reform to the financial system could require Americans to reconsider the assumption that homeownership is good for the economy.

High & Low Finance

Banks Again Avoid Having Any Skin in the Game

The Dodd-Frank overhaul aimed for banks to make loans with enough “risk-retention” to make them care about repayment, but the final rules appear to fall short of that.

Economic Scene

A Retreat From Weather Disasters

As the damages wrought by increasingly disruptive weather patterns have climbed around the world, the insurance industry seems to have quietly engaged in what looks a lot like a retreat.

Yellen’s Path to the Pinnacle

Milestones in the career of Janet L. Yellen, President Obama’s choice to be chief of the Federal Reserve, including video recollections from friends and colleagues.

Special Features

Interactive Graphic: Is It Better to Buy or Rent?

The answer to the question depends on many factors. Compare the costs of buying and renting equivalent homes.

Market data provided by Reuters. Copyright 2009 Reuters.

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