President Barack Obama blasted his Republican foes and Wall Street on Tuesday as he portrayed himself as a champion of the middle class and laid out in the starkest terms yet the populist themes of his 2012 re-election bid.
Ignoring the U.S.'s major economic/social problems won’t make them go away. And neither will voting against liberals or Obama. On the contrary, those latter two actions will make the problems worse, leading to more disenfranchised Americans -- the others -- and even bigger economic/social changes in the years ahead.
Several of the richest men in America this week came out in favor of higher taxes for the wealthy, if perhaps grudgingly and with caveats. The idea of billionaires accepting that they need to give up more of what they earn to the government has been slowly worming itself into the American political discourse.
Despite some recent signs the sluggish U.S. economy might be improving, President Barack Obama warns it could be years before the country is on a sound footing in an interview with CBS' 60 Minutes program that will air Sunday,
Democratic and Republican lawmakers skirmished on Friday over plans to extend a payroll-tax cut seen as crucial to a fragile U.S. economic recovery, but aides predicted a last-minute deal.
An index of consumer sentiment rose to its highest in six months in early December and the trade deficit narrowed in October in the latest signs that the U.S. economy's health is slowly improving.
At one point, the cowboy-boot wearing huckster from the Lone Star State was the darling of the GOP's right, before shoddy debate performances and a goofy stump speech in New Hampshire sent his poll numbers plummeting. Now Perry has adopted a hyper-Christian posture in a last ditch effort at garnering support from Iowa's Evangelical base of Republican voters.
Nearly seven million Americans, sustained by government unemployment (extension) checks, are hanging on by a thread, stated a recent National Employment Law Project (NELP) paper.
House Republicans have proposed a bill extending the payroll tax cut that includes a provision to push through the controversial Keystone XL pipeline and reform several social safety net programs, openly defying a veto threat by President Barack Obama.
The government report released Thursday reveals notable declines in initial and continued employment claims, and the news was joined by a report that wholesale inventories in October jumped the highest in five months, signaling that businesses are also in a recovery mode with higher consumer demand.
Real estate developer Forest City Enterprises reported a net loss of $41.9 million, or 25 cents per share, in the third quarter ending Oct. 31, down from $50.6 million, or 33 cents per share, loss in 2010.
McDonald's Corp (MCD.N) reported a bigger-than-expected rise in November sales at established restaurants across the board, led by big gains in Japan, China and a strong showing in its top revenue market of Europe.
The number of Americans filing new claims for unemployment benefits dropped to a nine-month low last week, suggesting the labor market's recovery was gaining momentum.
Initial jobless claims are dropping -- they're down to 381,000 but they will have to continue to decline to give investors confidence that the current U.S. economic expansion is sustainable.
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 U.S. job growth.
The 30-year fixed-rate mortgage rate dropped to 3.99 percent in the week ending Dec. 8 from four percent in the previous week, according to Freddie Mac.
New claims for unemployment benefits dropped to a nine-month low last week, a government report showed on Thursday, suggesting the labor market recovery was gaining momentum.
Fewer Americans filed for first-time unemployment benefits last week. Thursday's data once again edged back from the 400,000 mark -- the level below which economists say signals a strengthening job market - after popping above it in the prior week.
New claims for unemployment benefits dropped to a nine-month low last week, a government report showed on Thursday, suggesting the labor market recovery was gaining momentum.
U.S. mortgage loan delinquencies are projected to decline to five percent by the end of 2012 from around six percent at the end of 2011, according to TransUnion.
Demonstrators from across the nation descended on Capitol Hill on Monday as part of a four-day effort to meet with congressional leaders to highlight the plight of U.S. unemployment.
Adriana Garcia won't be buying her family Christmas gifts this year.
