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President Barack Obama's top economic advisers say the administration will work with Congress to extend unemployment benefits for millions of Americans. ...more
August 2, 2009
President Barack Obama says the economy is starting to show "glimmers of hope." ...more
April 10, 2009
Congressional Republicans today predicted a doomsday scenario of crushing debt and eventual federal bankruptcy if President Barack Obama's massive spending blueprint wins passage. ...more
March 22, 2009
Factory jobs disappeared. Inflation soared. Unemployment climbed to alarming levels. The hungry lined up at soup kitchens. ...more
March 8, 2009
WASHINGTON (AP) - The leaders of President Barack Obama's auto industry task force said Friday the industry urgently needs an overhaul. ...more
February 22, 2009
One day after the nation's unemployment rate jumped to a 16-year high, President-elect Barack Obama on Saturday again raised the estimate of how many jobs would result from his economic recovery plan, saying it would create or save 3 million to 4 million jobs, nearly 90 percent in the private sector, by the end of 2010. ...more
January 11, 2009
President-elect Barack Obama has increased his employment goal with the nation's economic outlook worsening, seeking to create or save 3 million jobs in the next two years instead of the 2.5 million he proposed last month. ...more
December 20, 2008
Barack Obama is likely to choose Arizona Gov. Janet Napolitano for the job of secretary of homeland security, top Obama advisers and several Democrats said Thursday as the shape of the president-elect's Cabinet begins to emerge. ...more
November 20, 2008
The deteriorating housing market forced the White House to lower its projection for economic growth next year and raise its forecast for unemployment. Inflation is expected to moderate. ...more
November 30, 2007
The economy picked up speed in the summer, growing at a brisk 3.9 percent pace, the fastest in 1 1/2 years and an impressive performance even as a credit crunch plunged the housing market deeper into turmoil. ...more
November 1, 2007
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