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BofA to cut 3,500 jobs in current quarter: report

Bank of America is cutting 3,500 jobs in the current quarter and working on a broader restructuring that could eliminate thousands of additional positions, the Wall Street Journal reported, citing people familiar with the situation.
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U.S. President Obama speaks during a town hall-style event in Decorah

Obama to Unveil Measures to Boost Rural Jobs

President Barack Obama will on Tuesday announce fresh steps to boost rural hiring on the second day of a bus tour through the heartland to explain his economic and job policies to anxious voters.
U.S. President Obama meets Lydia Schaefer in Zumbrota

In Campaign Mode, Obama Talks Jobs in Midwest

President Barack Obama blasted Republicans over taxes on Monday as he launched a bus tour of the U.S. Midwest to tout his job-growth strategy and distance himself from anger toward Washington that could dent his 2012 re-election hopes.
For Discussion: U.S. Job Market

Can the U.S. Congress do Anything to Create Jobs?

Some would have you believe the U.S. Congress can't do much to create jobs: not true. If Congress says "build us an aircraft carrier," a short time later, an aircraft carrier will appear. Likewise for roads, bridges, schools, hospitals, and the electric grid -- all of which in the U.S. need work and would create jobs.
Obama

Obama Approval Rating Dips: Can He Still Champion Needed Reforms?

Critics have chided President Barack Obama for his economic reforms, which they view as too big, or too liberal. The reality is however, that if Obama's reforms don't stand, and the economic/social problems are not addressed, an even more-liberal public official will likely emerge to propose and enact bigger changes.
U.S. Economy and Stock Market

U.S. Economy and Stock Market: Where Do We Go From Here?

Did last week?s wild stock market swings make you concerned that your 401K will soon turn into a ?201K? ? Then it sounds like it?s a good time to get an assessment of the U.S. economy from two respected economists, Paul Krugman and Irwin Kellner.
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Postal Service May Cut 120,000 Jobs

The U.S. Postal Service is looking into cutting 120,000 jobs and other ways to get out of the red. More than 110,000 jobs already have been cut over the last four years.

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