Economy « CBS DC

President Barack Obama welcomes Chinese President Xi Jinping for their bilateral meeting at the Annenberg Retreat at Sunnylands in Rancho Mirage, California. (Photo by JEWEL SAMAD/AFP/Getty Images)

Obama Raises Issues Of Cybersecurity, Economy In Summit

Opening a two-day summit, President Barack Obama drew attention to contentious economic and cybersecurity issues Friday night as he warmly received Chinese President Xi Jinping to a California desert estate for high-stakes talks.

2013/06/07

File photo of President Barack Obama. (credit: Getty Images)

Obama: Economy Showing Signs Of Strength

WASHINGTON (AP) — President Barack Obama says the economy is showing new signs of strength. He’s pointing to the auto industry, new jobs and a recovering housing market as signs of progress. In his weekly […]

2013/06/01

File photo of a home for sale. (credit: Getty Images)

US Home Prices Rise By Almost 11 Percent, Most Since 2006

U.S. home prices jumped 10.9 percent in March compared with a year ago, the most since April 2006.

2013/05/28

Kerry Optimistic About Expanding Palestinian Economy

Secretary of State John Kerry believes a plan is emerging that could expand the Palestinian economy by up to 50 percent in the next three years.

2013/05/26

File photo of stacks of cash. (credit: Getty Images)

Study: Wealthy Americans Unprepared For Their Future

Even the wealthiest Americans are not prepared for their future.

2013/05/24

Obama Advisers Urge President’s Return To Economy, Distance From Scandals

Five months into President Barack Obama’s second term, allies and former top aides worry that his overarching goal of economic opportunity has been diminished, partly drowned out by controversies seized upon by Republicans in an effort to weaken him.

2013/05/19

President Barack Obama visits a class at Moravia Park Elementary School on May 17, 2013 in Baltimore, Md. (credit: Kristoffer Tripplaar-Pool/Getty Images)

Obama Consoles Student After Failing To Answer Math Problem: ‘Subtraction Is Tougher Than Addition’

President Barack Obama left behind scandal-focused Washington on Friday to focus on the country’s slowly improving jobs picture.

2013/05/17

President Barack Obama makes a statement on the situation regarding the Internal Revenue Service on May 15, 2013 in the East Room of the White House in Washington, D.C. (credit: Olivier Douliery-Pool/Getty Images)

President Obama: ‘Our Focus Cannot Drift’ From Jobs, Economy

Trying to reset the agenda amid scandal in Washington, President Barack Obama turned his attention Friday to the economy and said lawmakers should spend every day resolute on how to help it grow and get people back to work. “Our focus cannot drift,” he said.

2013/05/17

File photo of President Barack Obama. (Photo by MANDEL NGAN/AFP/Getty Images)

Obama Focusing On Job Creation In Baltimore Visit

President Barack Obama is leaving behind scandal-focused Washington to focus on the country’s slowly improving jobs picture.

2013/05/17

Screen capture of Gallup's weekly tracking of economic confidence in the United States. (Credit: gallup.com)

Gallup: Economic Confidence Slips From High, Half Of Nation Sees Trouble Ahead

A recent Gallup Poll indicates that American confidence in the economy has slipped slightly after hitting a five-year high. The weekly poll also showed that half of the nation feels the economy is getting worse.

2013/05/15