President Barack Obama and Vice President Joe Biden are hitting the road to trumpet $600 million in new competitive grants to spur job creation.» Read More
The U.S. economy created 146,000 new jobs and the unemployment rate slid to 7.7 percent, in a report much better than economists had expected.
House Speaker John Boehner said President Barack Obama is "slow-walking" the economy to the edge of the "fiscal cliff."
While pot use became legal in Washington state, Colorado could have to wait almost a month before declaring recreational marijuana as part of the state constitution.
The Obama Administration’s most effective jobs program so far has been convincing millions of Americans to settle.
Americans' outlook on the economy and their finances took a turn for the worst in early December due likely to anxiety about higher taxes.
Although the stream of gloomy economic data for the euro zone continues unabated, new downbeat forecasts by the European Central Bank's staff as well as Germany's central bank are too negative, Giles Keating, Head of Research at Credit Suisse said on Friday.
The U.S. government's energy agency has adopted North Sea Brent crude as its benchmark for oil forecasts, dropping its domestic benchmark.
The head of one of France's biggest companies has warned that France's problems dwarf those of the U.S.
An odd alliance between pro-democracy activists and Mubarak loyalists is raising eyebrows. Who is playing who?
A monthly gauge of online labor demand in the United States rose in November from October, and was up 7 percent from a year ago, the operator of a job search website said on Friday.
The Asian Development Bank lowered its 2012 and 2013 growth estimates for developing Asia on Friday as frail global demand drags on the region.
Dick Bove calls on capitalists to broaden the fiscal cliff talks into fundamentals.
The White House says President Obama is willing to let the country go over the "fiscal cliff" if Republicans don't concede on a tax hike for the wealthy.
In a rare display of bipartisanship, House Democratic Whip Steny Hoyer defended House Speaker John Boehner, saying the Ohio Republican "legitimately wants to reach an agreement" on the "Fiscal Cliff."
President Obama says a deal on the "fiscal cliff" could be reached in a week if Republicans accepted the idea of higher tax rates on the wealthy.
The U.S. economy could slingshot higher if the politicians reach a compromise on the country's fiscal problems, Greg Fleming, Morgan Stanley Wealth Management president, said.
The pace of growth in the U.S. services sector increased slightly in November while U.S. factory orders expectantly rose in October.
Nonfarm productivity increased at a much faster clip than initially thought as businesses held the line on hiring even as output surged, with unit labor costs falling at their fastest pace in almost a year.
The private sector created 118,000 jobs in November, primarily thanks to service-related jobs, a number that missed expectations ahead of Friday's closely watched government report.
The British economy has performed less strongly than expected and a crisis in the euro zone will constrain growth for several years, finance minister George Osborne said in a budget update to parliament on Wednesday.
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