With U.S. job creation a paramount concern for voters, President Barack Obama is hoping that Republicans will feel the pressure from their constituents to approve his newly unveiled American Jobs Act.
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.
Republican leaders have flatly rejected President Barack Obama's proposal to finance his jobs plan with a tax increase on job creators. But is it really? It depends how you define job creators.
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.
President Barack Obama began a national bid to promote his jobs plan on Tuesday, telling an audience at Fort Hayes Arts and Academic High School in Columbus, Ohio that it would put America back on the path to global competitiveness.
In U.S. politics, he who wins the verbal war often wins the political war, and with the aforementioned in mind, the Republicans are ahead.
President Barack Obama said he plans to offset the $447 billion cost of his new jobs plan by jettisoning tax breaks for wealthy Americans, prefiguring a clash with Republicans who have opposed similar measures in the past.
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.
On the day President Barack Obama sent his $447 billion jobs bill to Congress in a bid to solve America's unemployment problem, the Bank of America delivered an economic blow -- announcing plans to slash as many as 30,000 jobs.
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.
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.
In 2010, House Republicans campaigned on job creation.Therefore, roughly a year into their leadership, Americans can rightfully ask: where are the jobs?
Will the Tea Party faction-dominated Republican Party try to find common ground with President Barack Obama and pass a much-needed jobs bill?
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.
It's been overlooked -- it's received very little coverage by the popular press -- but it's worth repeating: one benefit of the 2010 U.S. health care reform legislation will be: enhanced job mobility.
CBS News reportedly ended its relationship with both What's Trending, the site that issued the erroneous tweet, and the celebrity blogger who produced it.
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.
A false tweet on a CBS Twitter account briefly reported Friday that Steve Jobs had died.
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.
* 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.
Investors are likely skeptical about the efficacy of Obama’s jobs program and whether or not such a massive scheme would pass Congress.
Treasury Secretary Timothy Geithner said on Friday that the Obama administration's new jobs bill, if passed by Congress, would have a substantial positive impact on the U.S. economy.