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Edition: U.S. / Global

Friday, March 27, 2015

Business Day Economy

Welders at Fox Company in Philadelphia fabricating bolts for roads and bridges. While the job market has been showing signs of life, other economic yardsticks have been anemic.
Matt Rourke/Associated Press

Welders at Fox Company in Philadelphia fabricating bolts for roads and bridges. While the job market has been showing signs of life, other economic yardsticks have been anemic.

With recent data showing anemic activity, economists are expecting more subdued growth in the first quarter of this year.

The Upshot

How Idealism, Expressed in Concrete Steps, Can Fight Climate Change

Where global warming conferences and protocols have largely failed, economics and motivation might solve a seemingly intractable problem.

On Money

Debunking the Myth of the Job-Stealing Immigrant

Even those of us who favor a path to citizenship are not going far enough, because we are mired in zero-sum thinking.

A New Irish Rebellion, This Time Against Water Fees

The prospect of paying for water, which many see as yet another new tax at a time when the government has assured them that austerity is over, has prompted mass protests.

Common Sense

Bargain Hunting With a Strong Dollar in Europe, but Finding a Mixed Bag

With the euro approaching parity with the dollar, it seems to be time for a shopping spree on the Continent. But currency fluctuations are complicated.

Oil Prices Jump as Saudi and Yemen Fighting Escalates

Concerns over a possible disruption in supplies forced prices up as Saudi Arabia began airstrikes against Yemen.

As Dollar Heats Up Overseas, U.S. Manufacturers Feel a Chill

Customers in places like Europe, where the euro has fallen against the dollar, say they can no longer afford American goods without deep discounts.

Fewer U.S. Jobless Claims Suggest a Rebounding Economy

The Labor Department said on Thursday that weekly applications for jobless aid fell 9,000 to a seasonally adjusted 282,000.

China Central Bank Calls for More Loans to Farms

Officials say more financing should be made available to help a sector that produces about 9 percent of the country's gross domestic product.

Trans-Pacific Partnership Seen as Door for Foreign Suits Against U.S.

The 12-nation accord would let foreign corporations challenge American actions and regulations that hurt their business, a classified document obtained by The Times says.

From Microsoft, a Novel Way to Mandate Sick Leave

The company announced that many of its 2,000 contractors and vendors would have to give employees 15 paid days off for sick leave and vacation time.

Economic Scene

Grading Teachers by the Test

Use of standardized tests to measure students’ progress, and teachers’ effectiveness, has been found to have unintended consequences.

Economic Scene

Patching Up the Social Safety Net

Universal programs financed by broader taxes could appear unfair, but targeted social insurance financed by progressive taxes is likely to be stingy and politically weak.

Video: Fed Removes Promise to Be ‘Patient’

Janet L. Yellen, chairwoman of the Federal Reserve, said that while it was unlikely that the Fed would raise a key interest rate at its next meeting in April, there might be increases later.

Document: Complete Fed Meeting Transcripts From 2009

In the early months of that year, the Fed pressed ahead with the bold measures it had initiated in 2008 to arrest the financial crisis.

What the Fed’s 2009 Transcripts Reveal About Its Handling of the Recession

In the early months of that year, the Fed pressed ahead with the bold measures it had initiated in 2008 to arrest the financial crisis. By summer it had largely succeeded.

Interactive Graphic: The Changing Nature of Middle-Class Jobs

The types of jobs that pay middle-class wages have shifted since 1980. Fewer of these positions are in male-dominated production occupations, while a greater share are in workplaces more open to women.

Video: The Health Care Wager

A surge in spending on health care is translating into well-paying jobs, but opportunities are only available to those willing to put in the time and money to retrain.

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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