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New jobs decline for second straight month

New jobs decline for second straight month

President Barack Obama promotes the fantasy that the American economy is rebounding. The latest employment numbers say otherwise. Employer hiring fell for the second straight month, coming in well below…

Consumers still strugglig to pay loans

Consumers still strugglig to pay loans

U.S. consumers continue to struggle to pay back home equity, auto and other loans as high unemployment drags on the economy. The American Bankers Association said in a report released…

Bernanke says economy may be hitting stride

Bernanke says economy may be hitting stride

The U.S. economy may finally be hitting its stride even if growth remains too weak to put a real dent in the nation’s jobless rate, Federal Reserve Chairman Ben Bernanke…

Jobs report shows momentum for new year

Jobs report shows momentum for new year

The government is expected to report Friday that businesses stepped up hiring in December, a trend likely to gain momentum in 2011. Economists are predicting that employers added a net…

Obama’s tax bill means nothing to long-term jobless

Obama’s tax bill means nothing to long-term jobless

The tax-cut bill President Barack Obama is expected to sign Friday renews benefits for millions of unemployed people. But it does nothing for hundreds of thousands who have been out…

Weak jobs report expected today

Weak jobs report expected today

Newly elected members of Congress will get a reminder Friday of the economic challenges they face in January: The jobs report for October is expected to show hiring weak and…

Struggling Americans to candidates: Fix the economy, stupid

Struggling Americans to candidates: Fix the economy, stupid

Boarded-up homes and empty storefronts dot the once-prosperous town of Elkhart, Indiana, where those still struggling to recover from the economic collapse of 2008 have a simple message for politicians…

Economic woes expected to continue

Economic woes expected to continue

The U.S. economic recovery will remain slow deep into next year, held back by shoppers reluctant to spend and employers hesitant to hire, according to an Associated Press survey of…

House to vote on unemployment benefits extension

House to vote on unemployment benefits extension

A House vote Thursday is expected to send President Barack Obama a long-sought measure to resume unemployment payments to millions of people whose benefits have lapsed. Obama is set to…

Even government workers face job losses

Even government workers face job losses

For years, most people who worked for state or local governments accepted a fact of life: Their pay wasn’t great. The job security was. Now that’s gone, too. States and…

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