To say it's been a discomforting time for U.S. stock investors lately would be an understatement. Europe debt concerns, a tepid U.S. economic recovery that’s not creating enough jobs, and now Hurricane Irene’s damage has jolted institutional investors. Given the above, where’s the Dow headed from here?
Tea Party members and other conservatives would like Americans to believe that the United States’ problems started in 2009, but nothing could be further from the truth -- three major policy errors by President George W. Bush last decade substantially worsened the U.S.’s fiscal condition, and the nation has been trying to recover ever since.
President Barack Obama, under fire over high unemployment, stepped up pressure on Congress on Saturday to pass transportation legislation he said would protect almost 1 million American jobs.
A newly-formed congressional panel on deficit reduction next week will kick off months of arduous negotiations that will be closely watched by financial markets hoping for a deal that puts the United States on an improved fiscal path.
Poor U.S. jobs figures on Friday put President Barack Obama on the spot to create a viable jobs plan in a speech to Congress next week that may help determine whether he wins re-election or not.
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.
Amazon.com has offered to create 7,000 jobs in the company's California distribution centers if lawmakers agree to put a recently enacted online sales tax law on hold until 2014.
A top California lawmaker unveiled legislation on Friday to help advance a proposal for building a new stadium in downtown Los Angeles to bring the National Football League back to the second-largest U.S. city.
Silver mining company stocks posted big gains Friday on the back of a hefty surge in silver's price and renewed fears that the U.S. may be headed for a double-dip recession.
Gold prices vaulted higher Friday, as did silver prices, after the U.S. government revealed that no new jobs were created last month, a body blow to stocks but a gift to investors who bought Treasuries or precious metals.
Fox News will tap into Google’s technology to include viewers in a jointly-hosted Republican presidential debate.
Stocks of large financial companies, such as Bank of American and Goldman Sachs, have taken a pounding Friday over a likely lawsuit concerning mortgage sales.
Where do President Barack Obama and the Republican presidential candidates stand on the U.S. economy? Here's a summary of their differing proposals.
The DoJ opposes the $39-billion deal, largely on anti-trust grounds, but also cited that such a transaction would cost thousands of jobs -- in an economy that simply cannot withstand anymore job losses.
Give credit to the co-manager of trading at Themis Trading, Sal Arnuk, for encapsulating Friday's lousy economic data, slumping stock market and clueless American president.
A 7.1 magnitude earthquake rocks Alaska, U.S. employment numbers completely stagnate in July, Kiss front man Gene Simmons is finally getting married, and more in today's Daily Scoop.
In the opening minutes of trading, the Dow Jones Industrial Average, the S&P 500 index and the Nasdaq are all down about 1.80 percent.
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.
U.S. 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.
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.
The Republican presidential candidate Michele Bachmann said Friday that America needs “a major adjustment in the occupancy of the White House.”
