Obama Names Austan Goolsbee as Chief Economic Adviser

Speaking at a White House press conference, President Obama named Austan Goolsbee as his new top economic adviser. He has a “deep appreciation of how the economy affects everyday people,” Obama said.
Continue r…

GM Pins Big Hopes on New Chevy Cruze

The thrifty new small car replaces the underwhelming Chevy Cobalt, a model that had a hard time competing with the likes of Toyota’s Corolla and Ford’s Focus, new versions of which are due in coming months. A manual transmissi…

Obama Assails GOP Over Economic Policies

Discussing his new economic stimulus program in Ohio, President Barack Obama regained his political swagger and ramped up his criticism of Republican leaders for failing to provide substantive policies that can help the nation’…

Obama Pushes His New Stimulus Plan

Speaking in Cleveland, President Obama laid out the details of his plan to boost the economic recovery: $50 billion for infrastructure spending; a $100 billion R&D tax credit; and $200 billion to induce U.S. companies to make c…