A new CBS News poll finds that a majority of Americans don’t think the economy is getting any better.
Creative industries led by Hollywood account for about $504 billion, or at least 3.2 percent of U.S. goods and services, the government said in its first official measure of how the arts and culture affect the economy.
The National Retail Federation predicts that 140 million shoppers planned to shop during the four-day holiday weekend that began on Thanksgiving Day.
The number of poor people in America is 3 million higher than the official count, encompassing 1 in 6 residents due to out-of-pocket medical costs and work-related expenses, according to a revised census measure released Wednesday.
Preliminary exit polling in Virginia Tuesday show that the the economy was the top issue for about half of voters, followed by health care and abortion, according to The Associated Press.
Forget all other economic indicators and so-called financial experts in New York and Washington. If you really want to know if the economy is coming back check to see whether high rollers are paying their gambling debts.
A dim view of the U.S. job market emerged Tuesday with a report that employers cut back on hiring in September just before a partial government shutdown began.
The number of people applying for U.S. unemployment benefits jumped by 66,000 last week to a seasonally adjusted 374,000. But the spike was largely because California processed a huge backlog of claims and the partial government shutdown prompted some companies to cut jobs.
President Barack Obama has nominated Janet Yellen, the Federal Reserve’s vice chair, to be chairman of the nation’s powerful central bank, succeeding Ben Bernanke.
According to a study conducted by the Pew Research Center, the last government shutdowns – which occurred in the 1996 fiscal year under the administration of then-president Bill Clinton – cost the nation an estimated $1.4 billion dollars.