JOBS

President Barack Obama made a savvy play with his jobs speech proposal, if one considers his personal political hide. America's unemployment problem has gone on too long, and the nation is looking to Washington, and the president, to do something about it. So he drew up a economic plan that has a big price tag -- $447 billion -- urging Republicans and Congress to act immediately on it.

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President Barack Obama challenged Congress on Thursday to enact a $447 billion package of tax cuts and new spending to revive a stalled job market but he faces an uphill fight to win over Republicans and restore public faith in his economic stewardship.

President Barack Obama's jobs package could lift economic growth by one to three percentage points in 2012, add well over one million jobs and lower the unemployment rate by at least half a percentage point, judging by early estimates.

President Barack Obama presented a $447-billion plan for boosting jobs on Thursday before a rare joint session of the Congress and urged the Republicans to take urgent action to pass his plan leaving aside political differences.

President Barack Obama proposed a $447 billion package of tax cuts and spending measures on Thursday aimed at spurring growth and hiring.

President Barack Obama proposed a $447 billion package of tax cuts and spending measures on Thursday aimed at spurring growth and hiring.

Bipartisanship was the catchphrase of the night, as both Democrats and Republicans called on their colleagues to work together in order to boost job creation.

When President Obama addressed Congress Thursday night, he wanted to put forward a bold, yet agreeable proposal to help jump-start the economy. Here are five things President Obama would want you to take away from his jobs bill, if nothing else.

President Barack Obama laid out a $447 billion jobs package of tax cuts and government spending on Thursday that will be critical to his re-election chances but he faces an uphill fight with Republicans.

In a joint-session address Thursday, President Barack Obama said the United States faces a national crisis and pressed Congress to urgently pass a jobs package of tax cuts and government spending he is proposing to revive the stalled U.S. economy.

If Sprint (S) obtains the right sell Apple's iPhone 5, will it spark a cell phone renaissance or an IPhone 5 Wave that benefits both AT&T (T) and Verizon (VZ), as well?

President Barack Obama pressed Congress on Thursday to act urgently to approve a jobs package of tax cuts and government spending he is proposing to pull the United States out of a national crisis.

Before the Obama jobs speech at 7 p.m. on Thursday, a list of his talking points has already been leaked to The Daily Caller.

The U.S. economy may be stumbling, but it is still standing.

Toronto's main stock market index edged higher in cautious action on Thursday morning following weak U.S. jobs data and ahead of a speech by U.S. President Barack Obama detailing his plan for job creation.

Republican Senator David Vitter and other conservatives planning to boycott President Barack Obama's major jobs speech before Congress Thursday night are out of line.

The U.S. economy may be stumbling, but it is still standing.

Even before President Barack Obama announces the details of his jobs plan Thursday night, Republicans are lining up to denounce the proposal and in some cases skip the president's speech altogether. The White House has sought to put the onus for a sagging economy on Congress if lawmakers do not act on the plan.

New U.S. jobless claims rose unexpectedly last week, further evidence of a weak labor market just hours before President Barack Obama delivers a major address to Congress on the issue.

Apple Inc. said last week that its new Chief Executive Tim Cook promoted Eddie Cue to Senior Vice President of Internet Software and Services from his previous position of Vice President of iTunes.