Economic Recovery

Thanks to the new, expanded child tax credit, millions of American families woke up Thursday morning to find up to $300 for each of their young children directly deposited into their bank accounts. 

The Obama administration on Thursday highlighted initiatives in housing, education, the workforce and health care designed to help foster a better economic environment for African Americans as the nation continues to emerge from the financial recession.

Podcast: Download This weekend at the Congressional Black Caucus Foundation’s Phoenix Awards Dinner and on CBS’s 60 “Minutes,” President Barack Obama touted the economic recovery in the United States. Monday on “NewsOne Now,” Roland Martin, Danielle Belton, Communications Strategist; Hughey Newsome from Project 21 and Yesha Callahan, Grapevine Editor and Staff Writer for The Root.com discussed the growth of the economy and […]

This weekend at the Congressional Black Caucus Foundation’s Phoenix Awards Dinner and on CBS’s 60 “Minutes,” President Barack Obama touted the economic recovery in the United States. Monday on “NewsOne Now,” Roland Martin, Danielle Belton, Communications Strategist; Hughey Newsome from Project 21 and Yesha Callahan, Grapevine Editor and Staff Writer for The Root.com discussed the growth of the […]

WASHINGTON — Bullish yet wary, President Barack Obama is highlighting recent economic bright spots while taking care not to overstate a recovery that still has not put millions back to work. SEE ALSO: Outrages Of The Year His Republican rivals, in the face of late-arriving economic good news, are making slight adjustments themselves, arguing that […]

For years individuals, businesses, and the government borrowed excessively based on what they hoped to earn tomorrow. In the latter part of the George Bush II era many believed, through the excessive use of debt, to have found the magic fountain of wealth. However, the rug was pulled from beneath all of us when the […]

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 […]

A majority of Americans prefer cutting the deficit to increasing government spending as a way to improve the tough economy and believe a more balanced budget would help create jobs, a Reuters Ipsos poll showed on Tuesday.

Democrats are poised to pass a bill today that will provide $26 billion in additional funding to help states cover Medicaid expenses and teacher salaries. To pay for the bill, however, they are accelerating the scale-back of food stamp payments — at a time when a record number of Americans are relying on food stamps.