Investors received another slice of good news Monday about the U.S. economy: The federal budget deficit for August totaled a smaller than expected $90.5 billion, thanks to rising government revenues due to higher tax receipts f…
A fresh batch of data show that the job market may finally have turned the corner despite last month’s uptick in the national unemployment rate to 9.6%. Among them: Fewer initial claims for unemployment and a smallest monthly l…
A fresh batch of data show that the job market may finally have turned the corner despite last month’s uptick in the national unemployment rate to 9.6%. Among them: Fewer initial claims for unemployment and a smallest monthly l…
House Republican leader John Boehner said Sunday that he would be willing to forgo extending the Bush tax cuts for the wealthy, in the first sign of compromise over the highly contentious issue. But he said he still favors thos…
He’s staying on the offense, accusing Republicans of dragging their feet in Congress just as the economy needs another boost. The president said he hopes his new small-business jobs bill will pass as soon as next week.
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