Obama: Congress Needs to Focus on Job Creation
Obama pushes Washington lawmakers to focus on job creation during a trip to Baltimore to visit a manufacturer of pumping and digging equipment.
Economic Recovery
Economy Shrugging off Spring Slowdown, Reports Suggest
U.S. consumer sentiment rebounded in early May to the highest level in nearly six years as Americans felt better about their financial and economic prospects.
Obama Shifts Focus to Jobs
President Barack Obama leaves behind scandal-focused Washington to focus on the country's slowly improving jobs picture.
Consumer Prices Tumble in April, Driven Down by Gas Prices
A sharp drop in gasoline costs led U.S. consumer prices to tumble in April by the most in more than four years.
U.S. Housing Starts Plummet in April, But Permits Surge
Ground-breaking for new U.S. homes plummeted more than expected in April from an almost five-year high.
Extended Unemployment Benefits Don't Discourage Job Seeking: Fed
Despite arguments to the contrary, giving unemployed Americans extended jobless benefits of up to 99 weeks didn't prevent them from taking jobs, according a new report.
U.S. Homebuilders' Confidence Climbs in May
Confidence among U.S. homebuilders rebounded in May, reflecting improved sales trends during the spring home-selling season.
U.S. Factory Output Sees Broad Decline in April
U.S. factories cut back sharply on production in April, as auto companies cranked out fewer cars and most other industries reduced output.
Producer Prices Post Biggest Drop in Three Years
U.S. producer prices recorded their largest drop in three years in April as gasoline and food costs tumbled.
Cheaper Oil Drives Import Prices Down in April
U.S. import prices fell in April due to a drop in oil costs, a positive sign for household finances that also pointed to benign inflation pressures.
Business Inventories Flat in March; Sales Down Sharply
U.S. business inventories were unchanged in March for a second straight month, while business sales fell the most since June.
April Retail Sales Unexpectedly Rise
U.S. retail sales unexpectedly rose in April as households bought automobiles, building materials and a range of other goods, pointing to underlying strength in the economy.
Obama Presses Middle-Class Jobs Agenda in Texas
President Obama resurrected his jobs proposals Thursday, advancing modest initiatives as he pushed for action on more ambitious efforts that face resistance from Republicans.
Chain Retailers Report Solid Sales Gains in April
Americans spent more during the early spring months in the latest sign that they're encouraged by the economic recovery.
Wholesale Inventories Rise in March as Sales Fall Sharply
Wholesale businesses stepped up their restocking of supplies in March, but their sales fell sharply, a government report shows.