12/05/13 12:45 PM
WASHINGTON (AP) — The leader of House Democrats says her rank and file won't support any year-end budget deal unless it includes plans to extend expiring unemployment benefits for long-term victims of the recession. Rep. Nancy Pelosi of California made the comment today as senior lawmakers...
By Joseph Lawler | 12/05/13 12:33 PM
The U.S. economy grew at a better-than-expected 3.6 annual rate in the third quarter, up from an initial reading of 2.8 percent, the Bureau of Economic Analysis announced Thursday. That beat analysts' expectations, which were for around 3 percent. The report's headline result suggests that the...
By Associated Press | 12/05/13 09:38 AM
Fast-food workers and labor organizers are marching, waving signs and chanting in cities across the country Thursday amid a push for higher wages. Organizers say walkouts are planned in 100 cities, with rallies set for another 100 cities. But it's not clear what the actual turnout will be.
By Associated Press | 12/04/13 10:35 AM
Hundreds of striking Will County employees are getting ready to return to work after union officials say they reached a tentative deal following a more than two-week walkout.
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 Joseph Lawler | 12/03/13 03:32 PM
Extending emergency unemployment benefits for another year would cost $26 billion, the Congressional Budget Office estimated Tuesday. That's lower than the total for this year's one-year extension, which was roughly $30 billion. The program, authorized in 2008, has become less costly as the...
By Editorial Writer | 12/03/13 09:48 AM
President Obama regularly touts what he calls the “economic recovery” supposedly prompted by his policies, including the creation of 7.5 million jobs, consistent growth for more than three years and revitalization of the domestic auto industry. He recently told ABC’s “This Week” host...
By Associated Press | 12/02/13 09:22 AM
Sen. Charles Schumer says an understaffed Buffalo border is to blame for lane closures and backups that result in long wait times that are not only frustrating to drivers but detrimental to the local economy.
By Joseph Lawler | 12/02/13 08:59 AM
A slew of economic data coming out this week will answer the question of how well the U.S. has survived the government shutdown and debt limit fights -- and, possibly, what the Federal Reserve will do in response. The number-one economic indicator, the jobs report, is due out Friday morning...
11/30/13 05:02 PM
(www.usatoday.com) Santa is likely to bring retailers a sales boost this Christmas, but the real question is whether the holiday season will prepare the economy to accelerate in the new year.
By Charlie Spiering | 12/04/13
By Joel Gehrke | 12/03/13
By Paul Bedard | 12/04/13
By Timothy P. Carney | 12/05/13
By Paul Bedard | 12/05/13