WASHINGTON (AP) — Message from liberals to President Barack Obama: Your economic message is muddled, go after Wall Street harder. With the November election looming, some of the president's most ardent backers are fretting that the incumbent Democrat isn't successfully making the case for a second term at a time of economic turmoil. And they […]
WASHINGTON (AP) — More Americans sought unemployment aid last week, suggesting hiring remains sluggish. The Labor Department said Thursday that weekly unemployment benefit applications rose 6,000 to a seasonally adjusted 386,000, an increase from an upwardly revised 380,000 the previous week. The four-week average, a less volatile measure, rose for the third straight week to […]
WASHINGTON (AP) — Chairman Ben Bernanke said the Federal Reserve is prepared to take further steps to lift the U.S. economy if it weakens. But he didn't signal any imminent action in testimony before a congressional panel Thursday. Bernanke said the European debt crisis poses significant risks to the U.S. financial markets. He noted that […]
WASHINGTON (AP) — A Federal Reserve survey finds the U.S. economy grew moderately in most regions of the country this spring and companies kept hiring, a hopeful sign after a spate of gloomy data released last week. The Fed survey shows growth in each of its12 bank districts from April 3 through May 25. Growth […]
This Saturday, FraserNet, Inc. and The Empowerment Experiment will team up with black business advocates to “cash mob” small Black businesses. In the same practice of “flash mobbing,” nationally renowned entrepreneur George Fraser, CEO of FraserNET and Maggie Anderson, CEO of The Empowerment Experiment host their first “cash mob” on Saturday, May 19 to promote […]
NEW YORK (AP) — Cheaper gas won’t be enough to get many more Americans on the road this summer. They’re still too worried about their jobs and the economy. Economists and tourism experts are expecting only a small uptick in summer travelers. Gas prices are lower, but still high enough to keep some Americans off […]
A gloomy outlook on the economy extends across party lines, a new Associated Press-GfK poll has found, and handling the nation’s economy remains President Barack Obama’s biggest challenge in his bid for a second term. Almost two-thirds of Americans disapprove of the president’s handling of gas prices, a new high. That shift comes despite a […]
Looking at former NFL star Warren Sapp’s bankruptcy filing, it’s hard not to focus on the Florida mansion he owns (18,000 square feet, according to property records) or the number of pricey athletic shoes he’s purchased (240 pairs, many still in the box unworn). Sapp lists assets of nearly $6.5 million and liabilities of $6.7 […]
WASHINGTON (AP) — Five years after the U.S. housing bust sent sales and prices plunging, the spring home-buying season is pointing to a long-awaited recovery. Reduced prices, record-low mortgage rates, higher rents and an improving job market appear to be emboldening many would-be buyers. Open houses are drawing crowds. A wave of foreclosures is leading […]
It’s a home within a home – and it could be coming soon to a home near you. Builders across the country are revamping home designs to meet the needs of a growing number of Americans who are now living with extended family. The number of so-called multi-generational households – where adults are living with […]
