Mitt Romney promised on Friday to propose a bold jobs plan that seeks cuts in federal spending and business taxes, a reduction in burdensome regulations and a balanced budget.
A major Republican-linked fundraising group has amassed $25 million this year to finance attacks on President Barack Obama and other Democrats in the 2012 elections.
A darkening U.S. economic outlook is forcing Federal Reserve officials to dig ever deeper into an already depleted policy toolkit and consider measures until recently deemed too radical.
Wall Street stocks dropped more than 2 percent on Friday as Labor Department data showed jobs growth flatlined in August, intensifying worries the economy is staggering.
Mitt Romney promised Friday to unveil his proposal to cut federal spending and business taxes in a bold jobs plan that would call for a reduction of burdensome regulations and also seek a balanced budget.
U.S. employment growth ground to a halt in August as sagging confidence discouraged already skittish businesses from hiring, piling pressure on the Federal Reserve to provide more stimulus to aid the economy.
Wall Street stocks tumbled on Friday, with major indexes falling as much as 2 percent as data showed U.S. jobs growth flatlined in August, exacerbating worries the economy is faltering.
Where do President Barack Obama and the Republican presidential candidates stand on the U.S. economy? Here's a summary of their differing proposals.
When the U.S. went to war with al-Qaida almost a decade ago after the terrorist organization launched a deadly attack against the U.S., killing thousands and taking down New York's World Trade Center towers, the contest seemed un-winnable at times. Over the past decade, some pundits and experts even labeled it that -- the un-winnable war. But now that the U.S. has reportedly killed Osama bin Laden, al Qaeda's second-in-command in Pakistan last month, and largely disbanded the organization...
Employment growth ground to a halt in August as sagging consumer confidence discouraged already skittish U.S. businesses from hiring, keeping pressure on the Federal Reserve to provide more monetary stimulus to aid the economy.
The U.S. economy created no net new jobs in August -- a disappointing report that will likely increase pressure on the U.S. Federal Reserve to deploy additional monetary tactics to help rev-up GDP growth to create the millions of jobs the nation needs. Also, the unemployment rate remained the same, at an eye-sore level of 9.1 percent.
Amid a dismal August jobs report Friday that showed a net zero jobs were created in the U.S. last month, fueling concerns that the nation is heading for another recession, pressure mounts on President Barack Obama ahead of his major jobs speech before Congress on Sept. 8.
Obama administration lawyers asked a federal appeals court on Thursday to vacate a judgment declaring Don't Ask, Don't Tell unconstitutional now that the ban on openly gay men and women in the military is about to be repealed.
Top Ten Things Barack Obama Should Say In His Speech on Jobs Next Week
Secret files obtained from Tripoli headquarters of Libya's intelligence agency, shattered by NATO air-strikes, included startling evidence indicating that top U.S. officials offered aid and advice to Moammar Gaddafi since the beginning of the Libyan public's protest.
China is backing off from oil and gas investments in Iran, angering the Islamic republic with move officials and executives said reflected Beijing's efforts to appease Washington and avoid U.S. sanctions on its big energy firms.
Sagging consumer confidence probably discouraged already skittish U.S. businesses from stepping up hiring in August, keeping pressure on the Federal Reserve to provide more monetary stimulus to aid the economy.
Sagging consumer confidence probably discouraged already skittish U.S. businesses from stepping up hiring in August, keeping pressure on the Federal Reserve to provide more monetary stimulus to aid the economy.
Whether Hurricane Katia will have any impact on the United States is still uncertain, but forecasters are keeping a watchful eye on a new tropical threat in the Gulf of Mexico.
President Barack Obama didn't mind move the date of his major jobs speech before Congress for Republicans, and now he's planning to get it over in time on Sept. 8 so that it doesn't conflict with the season-opening NFL game that night between the Green Bay Packers and the New Orleans Saints.
Sluggish growth and stubbornly high unemployment will continue to plague the economy next year, according to a Office of Management and Budget analysis that offered a potentially grim portent of President Barack Obama's re-election chances.
The ability to win over Tea Party voters could make or break Mitt Romney's 2012 Republican presidential nomination hopes.