12/04/13 07:15 PM
WASHINGTON (AP) — President Barack Obama prodded Congress to raise wages and secure the social safety net as he issued an overarching appeal Wednesday to correct economic inequalities that he said make it harder for a child to escape poverty. "That should offend all of us," he declared. "We...
12/04/13 02:45 PM
WASHINGTON (AP) — A Federal Reserve survey released Wednesday found that the U.S. economy held steady during the 16-day partial government shutdown, growing moderately in most regions from October through late November. The Fed said seven of its 12 banking districts described growth as...
By Byron York | 12/04/13 01:27 PM
President Obama used a speech at a liberal think tank in Washington to declare that he will focus all of his administration's efforts in his remaining three-plus years in office on the task of reducing inequality in America. Speaking at an event sponsored by the Center for American Progress,...
By Meghashyam Mali | 12/04/13 01:07 PM
President Obama on Wednesday said the U.S. economy has become “profoundly unequal” and pressed for policies he said would halt growing income inequality and limited economic mobility. “I believe this is the defining challenge of our time — making sure our economy works for every...
By Joseph Lawler | 12/04/13 12:42 PM
More than half of American families live on less than $60,000 a year, and almost half have earnings that are just two and a half times the federal poverty level, according to a study released by the Hamilton Project on Wednesday, when President Obama is scheduled to take the podium to draw...
12/04/13 12:30 PM
WASHINGTON (AP) — A survey of chief executives at the largest U.S. companies shows a growing number are slightly more optimistic about the economy's prospects for the next six months and expect to boost hiring. The Business Roundtable said Wednesday that its index measuring CEO outlook rose...
By Associated Press | 12/04/13 09:34 AM
WASHINGTON (AP) — The D.C. Council voted unanimously Tuesday to increase the District of Columbia's minimum wage to $11.50 an hour, one of the nation's highest.
By Christopher S. Rugaber | 12/04/13 09:32 AM
A private survey shows U.S. businesses last month added the most jobs in a year, powered by big gains in manufacturing and construction.
By Associated Press | 12/04/13 09:25 AM
Americans ramped up new-home buying in October after cutting back in September, evidence that the housing recovery is improving fitfully.
12/03/13 06:15 PM
WASHINGTON (AP) — Republicans controlling the House oppose a drive by Democrats to renew jobless benefits averaging less than $300 a week nationwide for the long-term unemployed, a senior GOP lawmaker said Tuesday. "I don't see much appetite on our side for continuing this extension of...
By Susan Crabtree | 12/06/13
By Byron York | 12/05/13
By Timothy P. Carney | 12/05/13
By Timothy P. Carney | 12/03/13
By Joel Gehrke | 12/03/13