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At Issue: U.S. Economy

Poll: Most Americans Say U.S. Economy is on 'Wrong Course'

In the latest Bloomberg National Poll, most Americans say the economy is on the wrong track and they are more-pessimistic about its prospects -- something that doesn't bode well for President Barack Obama and Congressional Democrats in the next election, if economic conditions don't improve in the quarters ahead.
2012 Election

5 Reasons Why Obama Could Lose the 2012 Election

With his approval rating at a term-low 40 percent, President Barack Obama needs several factors to break his way to improve his chance for re-election in 2012 -- the most important of which is job growth.
Obama jobs bill

Obama Plan's Tax Hikes on Rich Stir Opposition

The future of the $450-billion jobs stimulus looked bleak after President Barack Obama unveiled a plan to raise taxes, reduce exemptions and repeal various oil subsidies in order to pay for the package.
Speaker of the House John Boehner applauds as President Barack Obama addresses a joint session of Congress about jobs creation.

Obama Talks Tough: 'We Can't Afford...Political Games' on Jobs Bill

Finally, U.S. President Barack Obama is wearing his job, acting and talking with a plan and swagger becoming of his office. After unveiling a massive jobs plan to get America out of its nine percent unemployment and flat growth doldrums late last week, Obama is pushing Congress to get it done or get out of the way so America can get moving again.
A Bank of America shareholder walks into the corporate headquarters prior to the start of the annual shareholders meeting in Charlotte

Bank of America Slashing 30,000 Jobs

Bank of America tried to grow at the peak of the U.S. financial disaster several years ago, acquiring Countrywide Mortgage and Merrill Lynch, the investment bank, but now the Charlotte, N.C.-based company is destined to shrink. The company disclosed plans on Monday to cut 30,000 jobs, as the nation's largest bank tries to cut costs as the U.S. economy continues in a slow-growth, high unemployment mode.
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Can Cook be an Effectual Entrepreneur Like Jobs?

With Tim Cook taking over the role of Steve Jobs the question raised is whether he can fill the shoes properly. Certainly he can if he is capable of focusing on the below five dimensions of being an excellent effectual entrepreneur.
U.S. President Barack Obama addresses a joint session of Congress on Capitol Hill in Washington

31 million watch Obama jobs speech on TV

More than 31 million Americans watched President Barack Obama deliver his agenda for creating jobs in a speech broadcast live on television, ratings data showed on Friday.
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Obama tries to sell jobs plan, end gridlock

President Barack Obama began an uphill battle on Friday for support for a $447 billion jobs plan he hopes will rescue a faltering economy and his own re-election prospects.
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How to play it: Potential winners on Obama's Jobs Act plan

* THE ISSUE: President Barack Obama called on Congress late Thursday to pass a $447 billion package of spending initiatives and tax cuts to boost economic growth and generate jobs. Here are several investment ideas based on his proposals.

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