Gold close at a fresh high Thursday as investors sought safety from fresh evidence that the U.S. economy is struggling and not-so fresh evidence that Europe's debt problems are far from over.
President Obama and family are headed to Blue Heron Farm on Martha's Vineyard for a 10-day vacation.
Here are five of the most important reasons that are pressuring U.S. stocks on Thursday.
Traders on the U.S. futures market bid up the price of gold to a record high early Thursday on continued concern about the slowing economies of both Europe and the United States.
Shares of exchange-traded funds back by gold and silver rose in premarket trading Thursday as the U.S. government reported a higher-than-expected increase in inflation and an increase in jobless claims.
Gold rallied back toward record highs above $1,800 an ounce on Thursday, driven by unease over the lack of a solution to the European debt crisis and sluggish growth in the developed world which has shaken investor confidence in stocks, bonds and hard currencies.
A popular boy wizard, comic-book heroes and some foul-mouthed women are leading Hollywood toward a record-breaking summer despite the sour economy and high unemployment resulting in tightened consumer spending.
Data released on Wednesday by the Annie E. Casey Foundation in its annual KIDS COUNT Data Book, show that over the last decade there has been a significant decline in the economic well-being for low-income children and their families. The KIDS COUNT Data Center provides information about the 10 key measures tracked in the Data Book in addition to hundreds of other indicators of child well-being by state, county, city, and congressional district.
?We blacks were the first people embracing Obama, long before the people at expensive fundraisers were supporting him,? he said.
The details are sketchy about President Barack Obama's September jobs speech, but one thing is certain: as economic manager, Obama must increase job growth substantially in the next nine months to help the millions of Americans who are unemployed find jobs, to strengthen the economy, and to save his presidency.
The White House on Wednesday said President Barack Obama would unveil fresh ideas to jump-start the economy and cut deficits, but details offered so far appeared to be a compilation of old proposals.
Flash mobs are increasing -- and becoming increasingly dangerous and frightening. Why is this phenomenon happening, and how can it be stopped?
Madrid police have arrested a Mexican chemistry student who allegedly planned to gas anti-Pope protesters at the 2011 World Youth Day in Madrid, Spain
Perry is a favorite among social conservatives, including the Tea Party
Core producer prices rose at their fastest pace in six months in July on strong tobacco and light truck costs, though weak domestic demand was seen keeping inflation pressures under control.
President Barack Obama will give a major jobs speech in early September, according to a source.
Spain and Italy, under the market microscope over debt servicing costs, welcomed Franco-German proposals for a more integrated euro zone Wednesday and said they hoped the plans would usher in regionwide bonds.
President Barack Obama sought on Tuesday to turn voter anger over the economy toward Republicans in the U.S. Congress as he courted rural Americans in a campaign-style bus tour through a key election state.
The White House denounced Republican presidential candidate Rick Perry on Tuesday for his threatening remarks about U.S. Federal Reserve Chairman Ben Bernanke that represented some of the most inflammatory rhetoric of the 2012 election campaign.
What happened to Obama? It's a question being asked by many liberals, who say the president has not delivered on promises of hope and change.
Presidential candidate Rick Perry has suggested that Barack Obama isn't "passionate" about America. Perry says he will be a president that is passionate about America, if elected.
What do the best U.S. small towns to live in have in common? They all have low crime rates, good schools, and plenty of cultural activities, according to the latest small town survey by Money Magazine, which boasts that it has uncovered some hidden gems.
