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Yahoo! News: Economy News
Economy News
Obama presses Congress to pass aid to homeowners
(Reuters)
4 Feb 2012 at 3:38pm
Reuters - President Barack Obama on Saturday pressed lawmakers to pass his proposal to provide up to $10 billion in aid to struggling homeowners, saying a failure to address the housing crisis would put the rest of the economy at risk.
Dealer group sees higher US auto sales and prices
(AP)
4 Feb 2012 at 3:16pm
AP - Car buyers will likely pay more for new and used cars this year as the economy improves.

Hiring surges in January; jobless rate at 8.3 pct.
(AP)
3 Feb 2012 at 9:51pm
AP - In a long-awaited surge of hiring, companies added 243,000 jobs in January — across the economy, up and down the pay scale and far more than just about anyone expected. Unemployment fell to 8.3 percent, the lowest in three years.
Obama pushes for veterans jobs programs (AP)
3 Feb 2012 at 7:19pm
AP - In an effort to cut the unemployment rate among veterans, President Barack Obama is calling for a new conservation program that would put veterans to work rebuilding trails, roads and levees on public lands.
Unemployment falls sharply in US, rises in Europe (AP)
3 Feb 2012 at 3:40pm
AP - Unemployment falls sharply in US, rises in Europe
Jobless rate at 3-year low as payrolls surge (Reuters)
3 Feb 2012 at 3:14pm
Reuters - The United States created jobs at the fastest pace in nine months in January and the unemployment rate unexpectedly dropped to a near three-year low, giving a boost to President Barack Obama.
California to borrow internally to raise cash (Reuters)
3 Feb 2012 at 3:06pm
Reuters - California Governor Jerry Brown signed a bill on Friday allowing the state government to borrow from internal funds to build up its cash, which the controller earlier this week said was quickly dwindling.
A sample of companies that are hiring, at a glance (AP)
3 Feb 2012 at 2:56pm
AP - Employers across a range of industries have stepped up hiring. The economy gained 243,000 jobs in January, the most since last April. The hiring spree helped lower the unemployment rate for a fifth straight month, to 8.3 percent.
Obama plan would hire vets as cops, firefighters (Reuters)
3 Feb 2012 at 2:19pm
Reuters - President Barack Obama on Friday announced measures to hire Iraq and Afghanistan veterans to restore national parks and work as police and firefighters in a bid to cut veterans' above-average unemployment rate.

Oil prices rise after drop in US hiring expands (AP)
3 Feb 2012 at 1:56pm
AP - A surge in U.S. hiring lifted oil prices for the first time in a week. As more Americans commute to work and the economy picks up, demand for energy is expected to rise.
Unemployment rate hinges on more than job gains (AP)
3 Feb 2012 at 1:50pm
AP - For most people, the 8.3 percent unemployment rate is the most visible sign of the economy's health. The rate's every movement is closely watched, especially in an election year.
Year-over-year unemployment rates by age and sex (AP)
3 Feb 2012 at 1:29pm
AP - Year-over-year unemployment rates by age and sex
Jobs numbers boost Obama, needs lasting trend (Reuters)
3 Feb 2012 at 12:57pm
Reuters - An unexpectedly strong jobs report on Friday boosted President Barack Obama's re-election prospects, but the trend must last to deny his opponents the biggest cudgel they have to bash him before the November election.
U.S. Companies 'Yammer' for a Productivity Revolution (ContributorNetwork)
3 Feb 2012 at 11:58am
ContributorNetwork - SAN FRANCISCO -- In a pleasant surprise, the Department of Labor has reported an another increase in total nonfarm employment. The U.S. added 243,000 jobs in January, ticking the unemployment rate to 8.3 percent.
Obama tells Congress: "don't muck up" U.S. recovery (Reuters)
3 Feb 2012 at 9:47am
Reuters - Jobs figures released on Friday show the U.S. economy is growing and healing, President Barack Obama said, calling on Congress to pass a payroll tax extension and avoid sabotaging the recovery.
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Company protesting currency exchange contract at Atlanta airport wins protest...
26 Jan 2012 at 3:45pm Atlanta Journal Constitution By Jeremiah McWilliams and Kelly Yamanouchi Atlanta officials reversed themselves Tuesday and put the brakes on awarding a currency exchange contract at Hartsfield-Jackson International Airport. The decision comes after a company that lost out on the ... and more » |
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