The numbers say that we are out of the worst recession since the Great Depression; however, for most American the financial struggles are far from over. A housing market that has 1 out of 4 owing more than what their house is worth, with millions who are at least 90 days late on paying their […]

As congress still works to agree on a debt limit plan that can satisfy both Democrats and Republicans, many Americans are wondering just how all these plans will affect their everyday lives. House Speaker John Boehner’s Budget Control Act of 2011 is the current plan that congress will soon vote on. It is estimated to […]

WASHINGTON  — According to a new Quinnipiac poll, voters still blame former President George W. Bush for the economy and not President Barack Obama two and half years in to Obama’s first term. Yahoo reports: According to a new Quinnipiac poll, 54 percent of those surveyed say Bush is responsible for the “current condition” of […]

WASHINGTON — After tension escalated in Wednesday’s debt limit negotiations, President Obama told Republican lawmakers that he will not yield on reaching a deal that includes a long-term deficit cut. Republicans said that after a heated disagreement with House Majority Leader Eric Cantor (R-Va.), the president “abruptly” walked out of the meeting. Democratic lawmakers, however, […]

Republican presidential candidate Newt Gingrich took a shot at President Obama calling America’s economic woes, the “Obama Depression,” on Fox and Friends Sunday morning. Gingrich’s comments come as the president is negotiating a new federal budget with Republicans, and just days after the latest job reports show few signs of economic recovery. “Housing prices have […]

WASHINGTON — After Sen. Jeff Sessions (R-Ala.) said that millionaires paying more taxes to save the economy was “rather pathetic,” another Republican senator spoke against the proposal, suggesting that the poor take the burden instead of the rich. Sen. Orrin Hatch (R-Utah) voted against the measure Thursday, demanding that poor middle-class Americans need to do […]

The U.S. economy took another hit, as the national unemployment rate rose from 9.1 to 9.2 percent, the Department of Labor said Friday. Additionally, the economy added only 18,000 jobs in June, with 14.1 million people out of work, a slight increase from the 13.9 million unemployed Americans reported in May. Black unemployment stayed at […]

CHICAGO — Former president Bill Clinton hosted a two-day job summit in Chicago to seek new, innovative ways to help grow the economy. The Clinton Global Initiative America Jobs Summit’s goal is to share the best ideas and brainstorm new ones, so that individuals, cities, states, and companies can help grow the economy, despite strains […]

President Barack Obama was hailed as the best communicator since President Ronald Reagan when he came into office in 2009, but at this current pace, his White House, and by extension the Democrats, appear more like King George VI in “The King’s Speech.” The stuttering and stammering when it comes to discussing this economy is […]

A new poll shows that 44 percent of Americans believe the economy is worse off under President Obama than when George Bush was in office. The poll, conducted by Bloomberg, shows that the continuing lack of jobs available for the American public is causing alarming concern of the president’s economic direction. In an ABC News/Washington […]

ALEXANDRIA, Va. — President Barack Obama says the growth of the U.S. economy will depend in part on training new workers for jobs in the manufacturing industry. During a speech at a Northern Virginia Community College campus on Wednesday, Obama highlighted the expansion of an industry-led initiative to boost training programs. The effort, Skills for […]

The New York Times is reporting that investors are fleeing the stock market at a sharp pace in response to recent economic news.