The White House and Republicans agreed on Friday that jobs growth is not coming quickly enough despite the latest report showing that private sector jobs growth has continued to growth for the last 14 months.
The latest jobs report released Friday was welcome news but nowhere close to where it should be thanks to tax uncertainty and spending plans being put forward by Democrats in the White House and the Senate, House Speaker John Boehner said.
Non-farm payroll jumped by 244,000 for the month of April, reported the Bureau of Labor Statistics (BLS).
The US government is handing out a record number of food stamps, which is one more statistic among many that suggests the recession is far from over for the average American
The news that dreaded terrorist Osama bin Laden is dead and was buried at sea has fueled conspiracy theories because the action of the U.S. forces gives rise to more questions than answering them.
The United States does not have a capitalist system. We have a corporate fascist economic system where a small cartel of bankers, military weapons suppliers, and mega-corporations set the agenda for the country through their complete capture of politicians and the mainstream corporate media.
The dollar hit new 2011 lows against the euro and the British pound yesterday, while the Dollar Index (USDX) is currently trading at around 73 - close to record lows.
College education in the U.S. is a rip-off, it is no longer a safe investment for the future, and its quality has been so watered down that it doesn't any longer help you get the dream job.
Moreover, costly higher education will rather cripple the rest of your life by burdening you with a veritable student loan debt trap!
The take away from Bernanke's comments yesterday should allay any fears that the Federal Reserve will be lifting interest rates any time soon.
Gold Investing prices extended last night's strong gains on Thursday, hitting fresh all-time highs at $1534 per ounce as new US data showed inflation accelerating sharply.
FOMC statement from April 27, 2011
Gold prices shot up to a new record of $1,512.50 an ounce in New York late on Friday, posting a record weekly gain and maintaining a six-week winning streak. What the gold rally means to the dollar and the American people is obvious from the rush pawn shops see across the United States.
The happiest countries and happiest U.S. states tend to have unusually high rates of suicide, a new research suggests.
A repeat of a corporate tax holiday that found little success in stimulating the economy in 2005 is still a long-shot to jump-start a stagnant U.S. economy, says a University of Illinois expert in corporate and international taxation.
A court in Tunisia has dropped charges against a policewoman whose dispute with a fruit vendor inadvertently sparked a crisis that ultimately led to the downfall of the nation’s dictator and spread the seed of revolution across the Arab world.
Syria’s President Bashar al-Assad said the country will enact legislation next week that will lift the emergency laws that have been in place for 48 years.
A transcript of Obama's speech
The leader of Algeria has promised to effect constitutional reforms and high unemployment, among other measures to ward off the kind of civil unrest that has swept across the Arab world.
President Barack Obama joked about his birthplace on Thursday at a campaign speech in Chicago where he prepared supporters at a fundraiser for a 2012 presidential re-election run.
British Prime Minister David Cameron's first speech on immigration.
The following are remarks by President Barack Obama, as prepared for delivery, on addressing long-term United States and the deficit on April 13, 2011 at George Washington University, in Washington D.C.
Former Massachusetts Gov. Mitt Romney on Monday blamed President Barack Obama's policies for high unemployment and declared he will officially test the waters for a Presidential run by forming an exploratory committee.